News Headlines for Portland, Oregon : 2018 Quarter 4

12/2018

1860's Historical house will be getting a facelift

If you have ever driven on NW Cornell road you would have driven past the 1860 JQA Young House now owned by Tualatin Hills Park and Recreation District. It was originally a post office then many different families' lived there and most recently homeless and squatters occupied the dwelling. In 2014 a $50,000 grant was received for restorations of the house and the property.

picture courtesy of www.en.wikipedia.org

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12/27/2018

Limited housing = Increased homelessness

As affordable housing becomes less and less the homeless population becomes more and more. In 2018 the U.S. saw a .3% increase in homelessness. The majority of the population lives in New York or Los Angeles because rent has risen 20-35% since 2012 if you can believe it!

picture courtesy villagevoice.com

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11/15/2018

The market is starting to cool down as winter approaches.

Mortgage rates are predicted to continue to rise as high as 5.5% in 2019. Thus giving buyers more negotiating power while sellers will need to make more compromises. This will lead to less inventory on the market and more demand for entry level housing.

picture courtesy of washingtonian.com

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11/8/2018

Home Staging Tips and Tricks from Experts in Your City

Each city and state have their own feel and trend. When staging your home for an upcoming sale or just trying to let your personality shine though, check out this article that will point you in the direction your neighbors may be going.

picture courtesy of theyodeler.org

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11/3/2018

The Housing Market is Finally Cooling Down

With the housing market starting to slow down a bit now is the time for First Time homebuyers and investors to buy. Mortgage rates are sticking around the 5% mark which may be why the market is slowing.

picture courtesy of lindaqin.com

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10/10/2018

Will the Stock Market Falling Affect House Prices?

Experts say no, not this time. The Fed is set to raise again this year and in the past when the stock market takes a hit it’s when the interest rates rise. Some people are even downsizing before the market crashes.

picture courtesy of fool.com

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10/2/2018

Home Prices are on the Rise…

Real Estate in Portland and Washington are on the rise. Here is a list of the hottest areas currently. Battle Ground WA has seen the highest percent increase of 25.4% since last year and North Aloha has seen the least percent increase of 9% since last year.  

picture courtesy of homeunion.com

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