Portland-Metro’s 2014 RMLS™ stats bested 2013’s numbers in all metrics: New listings (37,654) were up 5.0%; Pending sales (28,220) were up 4.3%; Closed sales (27,752)
We all know that local property tax revenues are what support law enforcement, fire protection, education, etc. But most folks don’t understand the labyrinthine formulas
The last three months of 2014 have brought us some very good financial news. Here are the highlights of 4Q 2014 – together with potential
Background. Quantitative Easing or “QE” is a process whereby the Fed purchases large quantities of long-term securities held by big banks. The Fed prints money
“…the Obama administration may represent “Peak Left” in American politics, and what we are getting from the left these days is a mix of bewilderment
Nationalmortgagenews.com recently carried a story (“Fannie Moves Aggressively on New Low-Down-Payment Loans”) by Kate Berry reporting on Fannie’s and Freddie’s [collectively, “GSEs”[1]] venture back into
The RMLS™ Market Action Report just came out. Link is here. The Portland-Metro stats for November 2014 continued to show steady growth in almost all
Measure 91 – High Times for Oregonians. According to OregonLive.com, here, there are 23 states that currently have medical marijuana laws on the books. Oregon
Introduction. For the last several years, the concept of “equity” [i.e., the difference between the net proceeds received upon sale and the unpaid mortgage balance]
The Fair Housing Act (“FHA”) was passed in 1968, and has been an important fixture in the law ever since. Essentially, its purpose was to
