PDXOutsider

"Objective"

I'm a:	Just Looking
Location:	Portland
Web sites:	Portland Real Estate Analysis

15 Answers
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3 First Answers
22 Useful Answers

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About Me

I am interested in the Portland real estate market, as my wife and I are looking to buy a home or an investment properly in the near future.

In the meantime I am analyzing the Portland market. Data and predictions about the Portland market can be seen on my blog, http://portlandrealestateoutsider.blogspot.com Come join the conversation!

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PDXOutsider's Questions (2)

PDXOutsider's Answers (15)

Foreclosures are up 129%

Asked Fri Jul 11 2008, 16:54 by PDXOutsider - Oregon - Foreclosure - 7 answers

PDXOutsider answered:

Good answers, I was referring to all types of foreclosures: short sales, auctions as well as bank owned. I know we're not swimming in foreclosure's yet, but they are defininitely on the rise.

We looked at a few short sales out of curiousity, most would have been better to tear down and not worth anything close to the loan balance.

Buying from a bank is certainly the easiest route, but then you're competing with the full buyer pool, so it's not much of an advantage anymore, is it? - Thu Jul 31 2008, 08:45

I am looking for a real estate attorney in Portland to help me draft a purchase agreement... can anyone?

Asked Sat Jun 21 2008, 02:41 by Andrew - Portland - Home Buying - 16 answers

PDXOutsider answered:

Andrew, send me a note and I'll put you in touch with a few.

You can find my email on my blog below, or likely through Trulia.

Just be careful, Portland prices are heading down, I hope you're looking here for easy appreciation. The mainstream media paints a portrait of Portland as doing great, but really we're just lagging other markets. - Fri Jul 11 2008, 16:50

Portland real estate prices have dropped 9% from their June 2007 peak. Is now a good time to buy?

Asked Fri May 30 2008, 15:10 by Squeezed - 97214 - Market Conditions - 15 answers

PDXOutsider answered:

Are you trying to bait people? ;)

A month ago I would have said wait, but given where interest rates are going I would say if you can find a deal go for it.

I've seen a number of houses selling for up to 20% below what they sold for 2 years ago. I think that's pricing in a correction pretty well. - Fri Jul 11 2008, 16:45

Please tell me why some find it necessary to comment on Realtor responses... ?

Asked Wed Jul 9 2008, 04:15 by Laura Gianno… - All locations - Agent2Agent - 13 answers

PDXOutsider answered:

I like to comment on other answers (agents or not) to help cut through the "it's a great time to buy" spin and give a more objective and analytical outlook specifically on questions like "where is the market headed".

Most agent answers I see in our area (Portland) have been misleading or often wrong, since they usually just repeat NAR or RMLS figures without understanding them.

But in general I believe the more discussion the better, or else it's just marketing. - Fri Jul 11 2008, 09:04

Putting together an offer - can we get help with downpayment, and closing?

Asked Fri Oct 19 2007, 22:01 by Jessie Weis - 97203 - Home Buying - 11 answers

PDXOutsider answered:

So what happened?

The market had definitely turned, so hopefully you were able to negotiate a price within your budget, or found something else. - Wed Jun 11 2008, 11:16

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