Forbes Magazine: Portland Top Ten Cities to Buy

Still renting? Perhaps after you read Forbes article on why certain cities are better to buy than rent, you might re-think that decision. One of those cities is Portland. According to Forbes, if you’re thinking about making the upgrade to buy a house rather than rent, now is the time to do it. Forbes also claims prices are likely to go up in upcoming years, making now a perfect time to invest in real estate vs. wasting money in rent. The article describes Portland as “a picturesque, culture-driven city with good local services and amenities.” To read the full article, click here

December Market Action Report

In December, sales activity showed a bit of an improvement compared to a year ago. Closed sales were up 52.6% compared to December of 2008, pending sales rose 40.9%, and new listings rose 11.9%.

However, when compared to November 2009, closed sales fell 16.1%, pending sales dropped 14.1%, and new listings fell 15.8%. The median sale price is also down 10%.

If you are ready to be a homeowner, now is your time. The Portland area is seeing some of the best interest rates in 30 years, amazing prizes, and up to $8,000 in tax credit to spend freely.

Click HERE to view the full report

New Year, New Law

Along with the new year, comes a new law: the House bill 2377, or as we know it “Oregon’s hands free law”. Under this long overdue law, drivers must use a hands free device for their mobile phone while operating a vehicle. This comes after the astounding report by Oregon’s State Department of Transportation that between 2003 and 2008, more than 1,660 crashes involving drivers on cell phones occurred, including 21 fatalities.

To read more about the hands free law click HERE

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