It is becoming apparent that “UGB” is an acronym for an ugly phrase: Urban Growth Boundary. The Eugene Urban Growth Boundary has caused the prices of housing to be astronomical! The Eugene Urban Growth Boundary has caused UN-affordable housing! Did you know that in the last decade there are hardly no new house buildings? During … Continued
Everybody is asking “Does recession loom?” I’ve been many times over the last year, “Is now a good time to invest in real estate with all this talk of recession and housing downturn? Not to mention the market crashing and the real estate bubble busting!” With everything happening in the world right now, from trade … Continued
Is House Flipping Still Profitable? Even in the high priced market, and the tariffs on the materials used to do house flipping, the success is all in the details. The house flippers that I know and associate with do great sometimes and not so great other times. House flipping is profitable if you have ambition, … Continued
Mortgage Rates Affect you as the buyer and borrower of any house. Right now mortgage rates are low for the well qualified borrower. The rates continue to be low. Let’s take a look at mortgage rates of the past. Historical Mortgage Rates Over the past 48 years, interest rates on the 30-year fixed-rate mortgage have … Continued
Tax Cuts and Jobs Act The new Tax Cuts and Jobs Act went into effect January of 2018, yet a year and a half later there are still a multitude of questions surrounding one portion of the Act, the Opportunity Zones. In April 2019 the IRS released and submitted a 169 page proposal to the … Continued
In search of the Opportunity in Opportunity Zones Sometimes when writing an article, I come across difficulty. This is one of those articles, because the subject is taxing for me, and the depth of the subject is quite deep. I’ll try to keep it shallow for now. Nevertheless it is an important topic for real … Continued
House Flipping is Strong in Today’s Real Estate Market After reading an article published by Housing Wire, and written by Jessica Guerin, I want to share with you the statistics show that house flipping is strong again. The number of homes flipped in America is approaching its high of 2006, just before the crash. The … Continued
Mold is disgusting, but it doesn’t mean you won’t be able to sell your house. Learn how to sell a house with mold in Eugene/Springfield! Mold is a common problem for many houses. A lot of times you can hire HAS-MAT professionals and get the mold problem solved. However, some properties have much larger problems … Continued
Oregon Foreclosure Laws There are two types of foreclosures all over the United States, and the type of foreclosure usually depends on the document that was filed at the courthouse to record the loan/lien. Some states have just one type of foreclosure, while other states have two types of foreclosures. Oregon falls into the second … Continued
Is 2019 better equipped for the next mortgage Market Downturn? Or are we facing another mortgage failure? The mortgage market has shifted dramatically since 2008. Improvements in underwriting, technology, and quality controls – some visible, some less so – have resulted in a fundamentally sounder mortgage system than before the crisis of 2008. Lenders have … Continued
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