Susan's Online Guide to PortlandLet me Help You Find a Home and a Neighborhood |
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Welcome to my Web site about the Portland, Oregon, metropolitan area. It's my way of helping you become acquainted with the neighborhoods and communities of the Portland metro area and to inform you about the Portland area housing market. Your comments and suggestions about my Web site are always welcome. If you have questions or if you are interested in buying or selling a home in the Portland area, contact me online or call me at (503) 497-2984. Susan Marthens
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Real Estate Market |
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U.S. foreclosure inventory falls, but Oregon's unchangedAugust 29 − The number of completed U.S. foreclosures continued to drop in July, while the share of mortgaged homes in the foreclosure process also fell. Lenders foreclosed on 58,000 homes in July, California data firm CoreLogic said Tuesday. The nation's inventory of homes with a mortgage in foreclosure fell 0.2 percentage points to 3.2 percent. In Oregon, 3 percent of the state's mortgaged homes were in a stage of foreclosure in July, unchanged from a year earlier. CoreLogic said lenders completed 10,200 foreclosures in the 12-month period ending in July. The month's numbers are the first to reflect major changes in the way foreclosures proceed in Oregon. A new state mediation program brought out-of-state foreclosure filings to a halt midway through the month. Read more...Not your father's short sale
August 31− Talking about short sales as a ‘new’ opportunity seems strange. However, we believe that today’s short sale process is so different than the process you have experienced over the last few years that it does qualify as a completely different opportunity. Let’s explain why. The housing crisis created a free fall in prices over the last five years. This collapse in housing values has created a situation where millions of homes today are actually worth less than the mortgage currently on the house (a situation known as being ‘underwater’). CoreLogic in their most recent Negative Equity Report explains that there are over eleven million houses currently underwater. Read more... |
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Homes & Health |
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Rethinking storage options opens up a kitchen
From physician glut to physician shortageSeptember 1 − In my most recent post, I made light of the argument that the Affordable Care Act would lead to a major shortage of physicians in this country. I was unpersuaded in part because the newly insured are likely to present only a marginal added demand for physician services. More important, I am not sure what we mean by “physician shortage." Forecasters looking at the health work force have never reached a consensus on the ideal physician-population ratio for this country. Indeed, widespread worries over a looming physician shortage are a relatively new phenomenon. They come at the time when experts are also lamenting an “epidemic of overtreatment” of patients, said to cost America $210 billion a year. Read more... Prefab home for a writer
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News |
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Oregon News from NW Portal
A decade later, water lovers still help to keep Clackamas clean
Dry spell likely to continue in NorthwestSeptember 1 − Northwesterners heading out for the Labor Day weekend have a pretty good chance of staying dry. The region is in the midst of one of the driest streaks on record. And there's little chance of that changing soon. It hasn't been your imagination. It's been really dry in the Northwest this summer. In fact, it's been mid-July since Seattle, Portland and Boise have recorded any measurable precipitation. Summers are typically dry in this part of the country, but this stretch is almost one for the record books. And it looks like the dry spell should continue, says National Weather Service forecaster Liana Ramirez. "We don't have any measurable precipitation expected for the next week or so and possibly even longer," she says. "If the models stay on track, it looks like we're going to have a pretty lengthy summer pattern lingering over the area." Read more... 'Portlandia' Season 3: Director Jonathan Krisel says, 'It's getting weirder'September 1 − If you thought that the creators and cast of "Portlandia" had possibly gone as far as they could go in terms of taking chances and experimenting,Jonathan Krisel has news for you. "It's a weird show," says Krisel. "And it's getting weirder." Demolition of Condit Dam nearing completion
TriMet: 'It's a massive undertaking that touches the entire agency'September 1 − Some big changes are in store for TriMet riders and the transit organization is working hard to make sure everything goes smoothly. Starting on Saturday, Sept. 1, the zone system that TriMet has used for years is going away for good. That includes the Free Rail Zone (formerly known as Fareless Square) in downtown Portland and the Lloyd District. The idea is to make riding TriMet a lot simpler by switching to 'go anywhere' fares. Now, all riders will have to do is buy one ticket to travel anywhere they like. That means no more worrying about which zones a ticket is good for. "It will be so much easier," said TriMet spokeswoman Mary Fetsch. The switch is also expected to help TriMet with their $12 million budget shortfall. They are looking at saving nearly $9 million by eliminating zones and increasing some of the fares, which is normally done this time of year anyway to keep up with inflation, and in this case will also help with the budget problem. Read more... Gasoline usage at lowest level in 50 yearsSeptember 1 − As Northwesterners head to the pump for Labor Day weekend, a new report shows gas usage at its lowest level in 50 years. Last year, each resident of Oregon and Washington burned an average of about a gallon a day. At its peak in 1978, we were using 1.5 gallons. Clark Williams-Derry of the Sightline Institute conducted the report and says there are multiple reasons. He explained, "Cars are getting a little bit more efficient, we're tending to drive a little bit less. We are seeing gains in mass transit and alternative transportation, like bicycles. But really, behind all of these changes appears to be the rising and volatile price of gasoline." Read more... Man sentenced for urinating in Portland reservoir
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