Portland Real Estate Market

Portland Metro Real Estate Market News and Stats {October 2009}

2009-11-13T09:42:00.000-08:00

According to the RMLS:

"Sales activity in the Portland metro area continued an upward trend compared to same-month sales from a year ago."

"The average sale price for October 2009 was down 12.6% compared to October 2008, while the median sale price declined 10.9%."

Take a closer look at the trends: To View and Print October 2009 Portland Metro Real Estate Market News and Stats CLICK HERE.

$8000 First Time Buyer Extension

2009-11-11T22:12:00.001-08:00

We now have all the details about the newly extended First Time Buyers Tax Credit.

CLICK HERE to view a chart featuring the changes.

For more information, please call me today!

First Time Home Buyer Tax Credit Extension and Expansion

2009-11-04T11:25:00.000-08:00

{Here is some excited new real estate news for you!}

First Time Home Buyer Tax Credit Extension and Expansion a Done Deal by Friday?

The first time home buyer tax credit extension and expansion is ALMOST done! It has been a long, winding road but we have almost reached the destination. Diana Olick of CNBC reported today that it is almost a done deal that the extension and expansion will be signed on Friday. Lawmakers in the Senate moved closer to signing the bill by voting 85-2; this would extend the home buyer tax credit until April 2010 rather than November 30th, 2009.

The next step is for Senate Republicans to finalize the vote; this could be interesting as some of these Republicans are unhappy with the Democrats for blocking their amendments to the plan. With that being said, many analysts feel that we are going to see this extension sealed due to the Senate vote last night.

The new plan will extend the current $8000 tax credit for new home buyers through April 30th and will also offer a $6500 tax credit for move up buyers who have been in their current residence for over five years. This extension could be very important in the continued effort to stabilize the housing market. Not only are first time home buyers going to receive a tax credit but so will “move-up” buyers; now it is time to find out if this will help to increase home prices.

Please make sure to return to Subprime Blogger for all your mortgage and financial news. To stay up to date on the current state of finances make sure to bookmark the current news category below.

Author: Jesse Wojdylo
www.subprimeblogger.com

Our New Website Introduction Video

2009-05-04T10:07:00.001-07:00

Precision Home Sale {Tigard / Beaverton Real Estate Agent} from A Niko Productions Videography on Vimeo.

Welcome!

2009-04-26T10:37:00.000-07:00

Hello and welcome to Precision Sales Group's Portland Real Estate Blog. We will be updating this blog with the lastest Portland Metro Real Estate Market News and Trends.

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