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Zero Down Loan Eligible on this Cedar Hills Ranch! – 1315 SW CEDAR HILLS BLVD Portland

$309,900 3 bd | 2  ba | 1188 sqft 1315 SW CEDAR HILLS BLVD Portland, OR 97225  M  Status:Active List Date:1/15/2021 Year Built:1964 Resale Acres:0.16 ML#:21382374 Open Saturday 1/16 1pm-3pm. Charming Ranch style home in superb location! Cedar Hills Rec Center, multiple parks & middle school within 1/3rd mile with all the amenities of Cedar Hills Crossing just down the street. Newer roof, high efficiency furnace…

How Mortgage Rates Are Effected By Bonds

Basic Similarities Bonds and mortgage interest rates are similar in that they both represent investments. Both bonds and mortgages (things like mortgage-backed securities) are attractive options for investors because they provide a fairly stable return and are relatively low risk in comparison to other types of investments. Bonds vs. Mortgage-Backed Securities To get a better idea of how bonds…

Why Did Mortgage Rates Tick Up?

Thanks to Austin Irwin over at The Irwin Team of Director’s Mortgage for the explanation of why we have seen mortgage rates rise over the last week. See our article on How Bonds Effect Mortgage rates for more information. What the heck is happening to Mortgage Backed Securities?! Well Mortgage Backed Securities are down 150 points…

Americans Predict Real Estate to be the Safest Investment in 2021

A recent survey commissioned by Sophisticated Investor found that a majority of Americans view real estate, stocks, and bonds to be the safest investments in 2021. The survey asked 5,001 people the following question: Which of the following investments do you think will do best in 2021? Real estate Stocks & bonds Gold & silver Savings account at the bank Cryptocurrencies (Bitcoin,…

December 18th – Real Estate & Mortgage Update

The Fed left policy rates unchanged at this week’s meeting and pledged to continue bond buying until ‘substantial’ economic gains are seen. Retail sales tumbled in November, decreasing 1.1% from the prior month. The economic rebound has hit bumps amid rising COVID-19 cases and increasing lockdowns. Jobless claims unexpectedly jumped to the highest level in 3 months, suggesting the labor…

10,000 sq-ft Canadian Nuclear Bunker Made From 42 Buried School Buses

[wpdiscuz-feedback id=”3die0bydc8″ question=”What would you pay for this property?!” opened=”0″]Does underground nuclear bunker real estate constructed by school buses appreciate or depreciate? [/wpdiscuz-feedback] AN elderly man built a 10,000 sq-ft nuclear bunker out of 42 school buses in a bid to prepare for the end of the world in “two weeks”. Bruce Beach has spent 50 years perfecting Ark Two, in…

Portland Real Estate Market & Investments

Where do you think the market is headed in 2021?[wpdiscuz-feedback id=”te1qjsba2h” question=”Will Portland real estate continue to appreciate or is 2021 the year we level off or even see declining home values?” opened=”1″][/wpdiscuz-feedback] The Portland housing market is sizzling hot. Despite the economic slowdown caused by the pandemic, the Portland real estate market continues to connect buyers to sellers. In October, 3155…

Enter our Free Giveaway to win a $50 Amazon or Starbucks Card!

Happy Holidays, my friends!  We have started a new raffle with the drawing being on Christmas Eve:) Enter to win a $50 Amazon or Starbucks gift card 🙂 You’ll get automatic entry just for signing in.  You can earn extra entries through polls, market questions, sharing on social media or by visiting our Facebook page.  Visiting our Facebook page or…

NW Condo SHORT SALE! $275k

2 Bedroom, 1 Bath, Listed at $275k, Previously rented for $2000/month Offers due 12/13 @ 7pm. Beautiful ground level condo in sought after Alphabet District! Walking distance to coffee, restaurants, groceries, boutiques, yet right next to a lush forest & Macleay park. 1950s charm with modern updates; dining room & primary bedroom built-ins, hardwoods, stainless steel appliances, tile counters, updated…

2020 Preliminary Oregon Poplulation Estimates

Oregon’s population increased by 31,655 between 2019 and 2020, largely because of new residents moving to the state, according to new preliminary 2020 estimates from Portland State University’s Population Research Center. The state has added more than 435,000 residents in the decade since 2010. The preliminary July 1 population estimates show that Oregon’s population grew from 4,236,400 in 2019 to 4,268,055 in 2020,…

Bend Ranks as Nations 2nd Fastest Growing City

WalletHub determined which US cities are currently seeing the most rapid economic growth. The October study analyzed 515 cities of different population sizes based on 17 metrics that measure a city’s performance over a seven-year period. The 17 metrics, which included population growth and median household income, were weighted to create a final score between 0 and 100 for each city….

Net State Migration & Real Estate Investing

With a .34% net gain in state migration population in 2019, Oregon ranked 18th in the nation.  Oregon’s net migration has decreased each year since peaking at nearly 57,000 in 2017.  Is this a trend that will continue?  If you’re a real estate investor, are you paying attention to your target market’s overall net state migration?  If not, this article…

What is Hydrology?

Hydrology is how water flows across Portland’s land, our rivers and streams, and in natural and constructed drainage systems. Stream hydrology affects fish, wildlife, infrastructure and property. Upstream dams have a major influence on the flow of water in the Willamette and Columbia rivers, but local conditions also affect hydrology. Before Portland was here, rain soaked into the ground. Trees…

Latest Updates on Eviction Moratorium & Potential $100m Landlord Fund

SALEM, Ore. — Oregon lawmakers are considering a proposal, brought forward in the House Interim Committee on Housing on Monday, that would extend the state’s eviction moratorium through June and create a $100 million fund to pay off back rent owed by tenants. The proposal aims to be an agreeable middle-ground between landlord and tenant interests, but it faced some criticism…

Portland Relocation Assistance

Renters in Portland who are served a no-cause eviction or encounter any of the triggering events may have the right to be paid relocation assistance from their landlord. Landlords must notify RSO of the payment. For eligible exemptions, see the Administrative Rules. Download Relocation Assistance Brochure When is a renter eligible for Relocation Assistance? Renter must live within Portland city…

Home Values See Greatest Gains Since 2014

The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. census divisions rose 7% in September from a year ago, the greatest year-over-year gain since 2014, and nearly 23% higher than its last peak in 2006. The September increase was also greater than the 4.8% uptick reported in August, and represented the largest annual gain since May 2014 as record-low mortgage rates and a…

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  • “ROCK STAR!!!!!!!!!!!!!!!!!   We bought our fifth house this month and Marshall is the guy who got us here.  He is without doubt the best realtor we’ve ever worked with in the past 20 years. And here’s why.

    We thought we were literally his ONLY customers b/c we got that much attention and responsiveness every single time.  (We weren’t of course, but that’s how it felt!)

    Every single DAY, for WEEKS, he culled listings to find houses we’d like, based on our long and specific list of ‘it must have…” and sent them to us so that every  morning we had new listings to choose from.  We kept adding to our list of “it must have”s every week or so and we kept expanding our search or trying new neighborhoods in an attempt to find something livable.

    We would fire off ‘let’s see this one and let’s see that one’ and Marshall would book them super quick and drive around basically all of Portland AND all the SW suburbs, on these never-endingly steamy summer days, showing us house after house after house, as many as 9 on a weekend day, all with a smile on his face.  Even when we got crabby and exhausted by the grueling process, he remained totally upbeat that this would all work out.  He’s a great guy and someone you just want to hang out with anyway – which is good b/c if you’re as picky as us, you’ll be spending quite a bit of time doing that! 🙂

    After losing several bids in this insanely competitive market, we were really on the verge of giving up, but Marshall was the best cheerleader and lost no faith that we would definitely find The One.

    Because we’re so specific in what we needed, it took a good 50 or so houses to be looked at before we found The One.  And yes, we did and yes,  they accepted our offer!   It was like the Christmas Miracle had happened.  I’m not even kidding.

    We’d never be picking up keys to our new house today without Marshall there, every single step of the way, willing to show us everything and anything and giving the best advice all along the way.

    Thank you Marshall!  You are an outstanding realtor and a really good guy!!!!!!!!”

  • “I just moved to Portland and had very little knowledge of the markets here in Portabd and Marshall was very helpful at helping me find a house that fit my current needs. Highly recomend to anyone looking to buy or sell their home. Very knowledgeable, resourceful and makes the process fun and easy.”

  • “Marshall Rosario is a phenomenal realtor to work with whether you’re buying or selling your home. There are a lot of informed, skilled, professional realtors in the Portland metro area. Not many of them can compete with Marshall’s integrity and grasp of his clients’ goals, however. He works hard to understand his clients’ needs and wants, and keeps his clients’ best interests clearly in view. His professional drive is matched only by his genuinely kind spirit. He is the realtor you would want guiding your aging parents through downsizing, or helping your kids or your best friends find their perfect home. I cannot recommend him highly enough.”

  • We were buying a home remotely and many things needed to be done by Marshall on our behalf, such as visiting properties and contacting HOA for repairs etc. Marshall was very patient and responsive, and took care of these things swiftly. This made it possible for us to timely secure a contract in a very competitive real estate market. He stayed on top of the closing process, kept us informed on everything that we needed to be aware of. Overall, we highly recommend Marshall”