Premier Real Estate ~ Oregon & SW Washington Real Estate : Market Conditions

Price Reduced on 11901 NE 119th St in Brush Prairie $83 PER SQ FT

Robert Reid — Wed, 28 Jul 2010 19:58:00 GMT

Brush Prairie, Brush Prairie - Announcing a price reduction on 11901 NE 119th St, a 2,057 sq. ft., 2 bath, 4 bdrm single story. Now MLS® $169,900 USD -

$83 Per Sq FT ~ WHAT A VALUE~.

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Bob Reid

360-606-1295

HOME & SHOP JUST LISTED IN OREGON CITY

Robert Reid — Fri, 23 Jul 2010 19:37:00 GMT

SHOP AND HOME ON 1/2 ACRE IN OC

• 1,991 sq. ft., 3 bath, 4 bdrm 3-level split - MLS® $390,000 USD

Glen Oaks, Oregon City - Fantastic home and nearly 3,000 square foot shop sits on 1/2 acre in Oregon City Glen Oak subdivision across from OC Golf Course. Home has 4 bedrooms and 3 full bathrooms and a cooks kitchen with upgraded chef stove. Plenty of space for a home business in the office area of the shop. Shop has a pit and car lift and its own full bath and sauna, this is a mechanics dream shop

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Price Reduced on 9612 NE 12th Place in Forest Ridge

Robert Reid — Thu, 15 Jul 2010 20:23:00 GMT

Forest Ridge, Bellevue - Announcing a price reduction on 9612 NE 12th Place, a 2,478 sq. ft., 3 bath, 3 bdrm 2 story. Now MLS® $231,900 USD - Priced to Sell!!.

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Price Reduced 35K on 37650 SE Coupland Rd in Estacada

Robert Reid — Tue, 15 Jun 2010 19:43:00 GMT

Estacada, Estacada - Announcing a price reduction on 37650 SE Coupland Rd, a 2,456 sq. ft., 2 bath, 4 bdrm 2 story. Now MLS® $315,000 USD - JUST REDUCED 35K.

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Affordable Custom Luxory with Views in Lookout Ridge

Robert Reid — Thu, 20 May 2010 17:11:00 GMT

Top of the Hill Luxory!

• 3,279 sq. ft., 3 bath, 3 bdrm with Office / Den 2 story - MLS® $511,000 USD - Affordable Luxory!

Lookout Ridge, Washougal - Luxury abound in this stunning home in sought after Lookout Ridge. Views of Columbia river from the soaring windows and balcony's in the front and peaceful nature setting in the back. Custom touches throughout the interior and exterior such as water features in the front and back, cooks kitchen, den on main with built in cabinets and a custom wine room. Must see

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Cash Strapped Buyers Could Get Shut Out!

Robert Reid — Thu, 11 Mar 2010 21:45:00 GMT

Cash Strapped Buyers Could Get Shut Out. If you are in need of 100% financing, take notice!

One widely popular tool for funding is about to run out of money. Buyers that need a no down payment loan guaranteed by the USDA are running out of time to get their deal done. USDA Rural Home Loans have been a phenomenal tool for helping cash strapped buyers get into homes for no down payment. Unlike many other loan programs though, the amount of funds available to fund these loans are set and capped at the beginning of the fiscal year. Notice was delivered from Washington on March 9 that the funds are nearly exhausted, with expectations that they will run out in late April. Unlike years past when similar notifications have been delivered, the USDA will not be issuing conditional commitments for buyers as the program awaits new appropriations from Washington. The USDA states they are "not certain when additional funding will be available." What does this mean for buyers? If buyers need 100% financing and are not eligible for a VA loan, they have to act quickly or they will have to seek other options. Combined with tightening from HUD on FHA loans in April and potentially later this summer, cash strapped buyers may be shut out if they miss this opportunity.

FHA – ready or not, here it comes…again?

Robert Reid — Tue, 22 Jul 2008 18:53:00 GMT

FHA – ready or not, here it comes…again?...(read more)

Clark County (SW Washington) Market Resilience

Robert Reid — Thu, 15 May 2008 23:48:00 GMT

By: Bob Reid

Market Resilience in Clark County Washington…

Well, if we have learned anything at all since our adolescence it’s simply, don’t always believe what you hear, and just because something is happening elsewhere that’s its happening here or where here may be for you. It is…and will continue to be a buyers market in SW Washington and Oregon for the foreseeable future, however there hasn’t been any movement downward in the median sales price. For example, the average sales price for Clark County (SW Washington) was $302,100 for a running 12 month period (April 07 to April 08), the 12 months immediately prior the average was just $2,200 more at $304,300

Clark County has always been a resilient County, whether its passing important school bonds, taking a leadership role on the new I-5 bridge or perhaps bringing business and jobs to our County, we have always stood for forward thinking and resilient citizens. Maybe it’s the beautiful scenery, or what’s in the water…who knows, and who really cares as long as we move forward. That’s what the real estate market is doing in Clark County (SW Washington) it’s resilient, it’s moving forward. From my last post pending sales rose 2.4% from March and closed sales where up 1.3% from March…moving in the right direction, forward.

Market Activety Report in SW Washington

Robert Reid — Sun, 11 May 2008 21:09:00 GMT

SW Washington Market Snapshot...(read more)