The Information: Hillsboro/Belmont Neighborhoods

by | Mar 14, 2011 | Neighborhoods

Comparison of the first of the year to the Ides of March: 2010 vs 2011 1/1/2010 to 3/15/2010 22 Closed Sales: Ave. sales price $400,245; $149 per sq ft; 92 days on market 6 Expired Listings: Ave. list price $666,241; $268 per sq ft; 105 days on market (must have had a...

The Corrections

by | Mar 12, 2011 | Matt's Anecdotes

A few years ago the market was wild with enthusiasm and multiple offers drove the prices of houses up up and away. We’ve experienced a massive correction–or even an over correction. One brahmin of finance that bet against the market when everyone else was...

The Real Estate Buyer’s Paradox

by | Mar 11, 2011 | Matt's Anecdotes

I saw this today and thought it was apt concerning the current market conditions, interest rates and prices: When they should have been afraid of paying too much, they weren’t: now that they shouldn’t be afraid of paying too much, they are. This is very...

A Short Sale Is Longer

by | Mar 4, 2011 | Reports

[youtube=http://www.youtube.com/watch?v=NvjG8LsgpHc] I’m still encountering people that aren’t sure what a short sale is. It basically is the lender agreeing to take less for the property than what is owed on it. It takes longer than a normal sale. Here is...