McCain will be president. He’s the NotObama.
In the buying and selling of almost anything - certainly homes or shoes - this adage applies: Given adequate function, the fastest selling or the highest volume will be not those that are the most attractive, but rather the least offensive. [Traditional floorplans with beige walls; plain toes in black or brown.]
And that’s how we’re […]
“God put us on earth to help each other.” Tony Snow dies at 53.
I love good people. Not just people who are superb at what they do, but people who inspire others to excellence as well. People who, through articulation and example, can better illustrate life’s purpose in, say, twenty seven short video minutes than Nietzsche, Kierkegaard and Hegel managed in serial tomes.
If you have time, […]
Portland Metro Housing Affordability
In the interesting but not definitive category:
Each quarter RMLS publishes a little talked about Housing Affordability Index, another due out when they release June numbers in a week or so. It takes into account median family income (via HUD), median home prices and prevailing interest rates; then, assuming 20% down on a thirty year fixed […]
Portland Housing Blog, PMI, Transparency
Mainstream media love to denigrate blogs and bloggers for their lack of journalistic integrity and oversight - compared, say, to The Oregonian. But blogs are held accountable by readers and other blogs, and the good ones earn credibility by immediately correcting errors of fact. Thus I trust Glenn Reynolds infinitely more than anything I read […]
June Median Price for Pending Sales Ties All-Time High!
And so it goes.
The actual headline will be more like this: “Median price up From May 1.6%, Down Only Slightly - 1.2% - from June 2006. Portland Real Estate Market Much Better Than Most of U.S.!”
But.
Here are the prevailing price trends; blue is pending, green the actual sold price:
Clearly the gap between list price and […]
