Sunday, June 12, 2016

Beaverton Real Estate Market Climbs to Contracts Record | Published: 6/12/2016 | Homesnap Real...

There were 119 homes sold in the Beaverton market over the last 30 days, prolonging a six-week trend. With a record 188 contracts executed, the highest amount since September, that trend should continue to strengthen. In comparison, Portland had 1,137 contracts executed in the same time frame, the most of all nearby municipalities. The median sales price climbed to $327,000, up from last week's $310,000. Despite the slip in sales, a relatively low one month of inventory indicates that Beaverton is a strong seller's market.
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/1tqy77I

Thursday, June 9, 2016

Mortgage applications drop 4.1% over Fed rate uncertainty

Despite strong buyer demand in the housing market, mortgage applications decreased 4.1 percent last week from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association.
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/1RMl9ET

Tuesday, June 7, 2016

U.S. new homes sales hit eight-year high, point to firming economy

New U.S. single-family home sales recorded their biggest gain in 24 years in April, touching a more than eight-year high as purchases increased broadly, a sign of growing confidence in the economy's prospects.
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/1t6twXy

Sunday, June 5, 2016

New Increase in Home Prices for Washington Real Estate Market | Published: 6/4/2016 | Homesnap...

In this week's report, the number of homes sold in the Washington market dropped to 8,069 over the past 30 days, a decrease of 8.8% from last week's report, but still above the monthly average. Prices were able to climb as this week's reported median sales price of $335,000 continued a 12-week upswing. With only two months of inventory to sell, Washington is a solid seller's market, in spite of the dip in sales.
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/1sZjMy6

Friday, June 3, 2016

12 Simply Stylish Outdoor Room Updates

Turn your outdoor space into a lavish retreat with these stylish updates, from elegant water features to cozy porch swings.
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/1Y6RVrR

Thursday, June 2, 2016

Wells Fargo launches 3% down payment mortgage

The common cry is too-tight credit. Lenders have kept the credit box restrictive because they are gun-shy from the billions of dollars in buy backs and judicial settlements stemming from the mortgage crisis that they still face today. Now, the nation's largest lender, Wells Fargo, says it is opening that box with a new low down payment loan — a loan it claims is low-risk to the bank.
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/25nwbNS

Tuesday, May 31, 2016

Tuesday, May 3, 2016

Home Renovation Without Aggravation

Think 2016 might finally be the year to tackle that big home renovation project you’ve been putting off? Welcome to the club. Fueled largely by the rebounding housing market, home improvement spending is projected to reach $155 billion this year, surpassing the peak set in 2006, according to Harvard’s Joint Center for Housing Studies. At the same time, the construction industry is in the throes of a massive labor shortage, having shed more than 2 million jobs since 2007.
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/23n4D4V

Saturday, April 30, 2016

INSTANT Home Valuation for Portland, Oregon Homeowners

ATTENTION PORTLAND AREA HOME OWNERS: Whether you live in a Castle or a 'Tiny Home'. Find Out What Your Home is Really Worth in the Fastest Changing Market We've had in Over a Decade! NEW FREE online Service now available with NO obligation. Get an INSTANT, CUSTOM, ACCURATE AND DETAILED Home Valuation in Less than 2 Minutes. Click anyplace on the photo below:
from Geri Penner - Real Estate Broker, BHHS http://ift.tt/1rHQggc