Thursday, April 2, 2009
Introduction
Thanks for visiting the Realty Edge blog spot! This blog has been created to give curious home buyers, home sellers, real estate investors, real estate agents, Brokers, real estate enthusiasts an access point to discuss the current trends in real estate. There are certainly many topics to discuss and the Realty Edge will take full advantage of these topics such as foreclosures, short sales, loan modifications, and anything that may be affecting America's home owners. The national real estate scene has certainly taken on a very different look than just a couple years ago with some real estate markets reachinig as many as 19+ months of inventory. There are many economic factors that are both the result of our current state of real estate and the cause of our current state of real estate. It is our goal to bring lots of discussion to the real estate arena and to give all of the real estate enthusiasts valuable up to date information. Thanks again for visiting the Realty Edge blogspot.
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The real estate is also experiencing a lot of changes to do the current economic climate. Homeowners are researching new and innovative ways to cut costs on monthly living expenses and retrofitting there homes to become more environmentally friendly. Going 'Green' is a term that seems to be coming up more and more. Real Estate Brokers including buyer's agents, listing agents (seller's agents), and Principal Brokers are even taking class to achieve an Eco-friendly and 'Green' designation to keep up with this new real estate trend. Being Eco-friendly or Going 'Green' seems to be a very popular topic especially in the pacific northwest and Portland metropolitan areas.
ReplyDeleteThe market seems to be experiencing a little pickup in actitivity. Buyers are finally jumping off the fence and homes are selling. Perhaps there is truth to what economic analysts and real estat analysts are saying, the market will be back to "healthy" levels by the 3rd quarter of 2009. If you are a first time home buyer, investor, if you're upsizing, or downsizing it might be time to take a serious look at getting into the real estate game. Are we at the bottom of the market? If so jump on and ride the upwave! I specilize in selling single family detached residential homes throughout Northeast Portland, Southeast Portland, North Portland, Southwest Portland, Northwest Portland, Gresham, Troutdale, Fairview, Sandy, Boring, Damascus, Clackamas, Happy Valley, Oregon City, Gladstone, Milwaukie, Sellwood, Lake Oswego, West Linn, Willamette, Stafford, Tualatin, Wilsonville, Tigard, Sherwood, Newberg, Beaverton, Hillsboro, Aloha, and Johns Landing. Give me a call and we can discuss your real estate aspirations. Thanks for visiting the Realty Edge Blog and feel free to start a real estate topic that you would like to gain more knowlege on or comment on what has already been shared.
ReplyDeleteAnother day at the real estate grind. Many interested buyers out there and many inquiries about selling homes. The pulse of the real estate market seems to be appreciating. The economy has experienced positive gains and interest rates are still holding strong at sub 5 percent. Portland real estate brokers/real estate agents are gearing up for what we are hoping to be a spring and summer real estate season that will see more positive results than what we've experienced over the last two years. First time home buyers have a great opportunity to enter this Portland real estate market at the bottom and expierience great gains in the short term. Feel free to visit the one stop real estate website www.Reliance-Realty.com for all of your real estate needs.
ReplyDelete(Keywords: Portland real estate agent, real estate broker, principal broker, looking for a home, need help buying a home, expirienced real estate agent, bank owned properties, foreclosures, foreclosed, upsizing, downsizing,relocating, moving)
Interesting day out in the market. I spent a good 3 hours touring and previewing homes in the Beaverton, Aloha, and Hillsboro areas. 3 bedroom, 2 bathroom homes at a maximum sale price of $250,000. There are some great opportunities out there. I was able to preview a good cross section of homes from bank owned/REO properties to privately owned homes to privately owned homes in a short sale situation. The inventory seems to shrinking a bit and I suspect this trend will continue further into the spring and summer time. All good signs that the real estate market is returning to healthy levels. If you're interested in learning more about buying your first home, short sales, bank owned/REO properties please contact me, Joe Daiker, Principal Broker and Owner of Reliance Realty. I can be reach directly at 503-806-6789, by Email at 'Joe@Reliance-Realty.com, or visit my website at 'www.Reliance-Realty.com'. Thanks for stopping by.
ReplyDeleteThe local market is still struggling due to a number of factors. The local economy is still struggling which makes it difficult to create jobs contributing to a lack of buyers to purchase real estate. In addition to this, the latest reports are indicating that nearly 60-70% of Oregon home owners are now upside down in their mortgages. To boot, close to half of the Oregon real estate inventory is either a short sale bank owned, REO listing. These distressed properties really bring down market values making it difficult for home owners to maintain equity and sell if they need to. Hopefully the economy will surge ahead in the next year or two. For now, grin and bare it, I guess.
ReplyDeleteRain, rain go away. Had to call it a day earlier than usual given the severe thunderstorm storm warnings. This weather certainly isn't helping the real estate market. The weather we see in the Pacific Northwest makes realtors very grateful that we have the Internet to advertise our listings. I read that close to 80% of buyers start their search for homes online. I bet if we did a little more statistical analysis on just the Pacific Northwest the numbers would be even higher - nobody wants to brave a monsoon to look at real estate.
ReplyDeleteI'm curious to see how the earthquake, tsunami, and nuclear meltdowns are going to effect our local economy and the world economies. There is already a ripple effect that has hit the world markets. Concerned investors are pulling investments and the Dow and Nikkai have already experienced a significant drops. I'm sure investors aren't quite sure what to think given that a technologically advanced and industrialized country doesn't see this kind of destruction every day. God bless Japan and those that have been effected by this disaster.
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