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Dave Hiller's Blog

Posted on 07/25/2020
Tualatin, OR Real Estate Market Update
Click here to view Tualatin, OR blog post which has information on the constantly changing market...
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Posted on 07/24/2020
2931 Se Hawthorne Blvd, Portland, OR 97214 now has a new price of $412,000!
Townhouse style, end unit condo with lots of natural light and tall ceilings. Well kept with natural charm throughout. Living room, dining room, kitchen, and guest bath all flow well. Upstairs the large bedrooms with lots of storage are perfect for working from home. 5 minutes to Downtown and walkable to all Hawthorne amenities. Deeded one car garage and private storage...
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Posted on 07/24/2020
Metropolitan Median Area Prices and Affordability
Image by Paul Brennan from Pixabay The national median existing single-family home price in the first quarter of 2020 was $274,600, up 7.7% from the first quarter of 2019. In Portland, OR. in the first quarter, the median home price was $416,100 (51% higher than national median) up 6.5% (15% below the national median). Our high home prices...
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Posted on 07/22/2020
Hot Kitchen Trends According to Instagram
Image by Stefano Ferrario from Pixabay A great source for what is trending on social media is Instagram. The following survey done using Instagram posts in 2020 has traditional granite countertops, white painted kitchens along with modern designs as the most popular. The following article has more information on what detailed information the survey found. What’s cooking in...
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Posted on 07/21/2020
Tigard, OR Real Estate Market Update
Click here to view Tigard, OR blog post which has information on the constantly changing market...
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Posted on 07/20/2020
What to Expect During the Closing Process
Image by mohamed Hassan from Pixabay The last step of any home sale is the closing. This is the time when the buyer and seller sign all the documents surrounding the sale, including the documents for the buyer’s mortgage. This is when money changes hands and, in most cases, the buyer gets the keys to the home. If...
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Posted on 07/18/2020
Mortgage Rates Dip Below 3% for the First Time
The incredible historical reduction in long term mortgage interest rates continues. Helping make homes more affordable especially for first-time buyers. Here are more details on the national average mortgage rates and points for this week. The 30-year fixed-rate mortgage averaged 2.98% this week, the lowest rate in Freddie Mac’s records dating back to 1971. “The drop has led...
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Posted on 07/17/2020
Hillsboro, OR Real Estate Market Update
Click here to view Hillsboro, OR blog post which has information on the constantly changing market...
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Posted on 07/16/2020
Home Offices Are Sprouting in the Backyard
Image by Elsemargriet from Pixabay Here is another innovation that comes as a result of the COVID-19 Pandemic. The desire to work from home without being inside the home. Now the shed becomes something more than a place to store tools or yard equipment. Read more below. As remote working grows more common, homeowners are trying to carve...
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Posted on 07/15/2020
2931 Se Hawthorne Blvd, Portland, OR 97214 now has a new price of $414,000!
Townhouse style, end unit condo with lots of natural light and tall ceilings. Well kept with natural charm throughout. Living room, dining room, kitchen, and guest bath all flow well. Upstairs the large bedrooms with lots of storage are perfect for working from home. 5 minutes to Downtown and walkable to all Hawthorne amenities. Deeded one car garage and private storage...
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Posted on 07/14/2020
Sherwood, OR Real Estate Market Update
Click here to view Sherwood, OR blog post which has information on the constantly changing market...
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Posted on 07/13/2020
Is a Balloon Mortgage Right for You?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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