Bank and Freddie Mac Foreclosures Continue to Pull Home Prices Down

April 12th, 2011

A recent report demonstrates that housing prices are still getting hammered by bank foreclosures and Freddie Mac foreclosures. Based on data released by CoreLogic, residential property prices in the U.S. have declined again in February 2011 compared with one year ago. In Oregon, prices of homes plummeted by nearly 10% in February compared with year-ago levels.

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Homebuyers Scramble For Portland foreclosed homes

May 27th, 2009

Ever since the economic downturn affected the housing marking industry, many homebuyers have found great benefits in buying Portland foreclosed homes. Initially, the housing market had denied many families the opportunity to own a house. However, things have changed now as there are many Portland houses that are sold at cheap

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Benefits Of Investing In Portland Foreclosures

May 26th, 2009

Today, one of the best investment decisions you can make is to buy Portland foreclosures. Foreclosures in Portland are at an all time high and this presents homebuyers with a perfect opportunity to buy homes. There are many benefit of investing in foreclosures in Portland area. These reasons are why many people are buying foreclosures either in single units or in

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Portland Foreclosed Homes Excite Homebuyers

May 25th, 2009

Portland foreclosed homes have excited residents of the city and those from other states as well. According to a recent data, the number of attendees at auctions has significantly increased during the last few months. This is mainly due to the large number of foreclosed properties that are being sold at bargain

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An Overview of Buying Foreclosures in Portland

October 30th, 2008

Foreclosure homes are known to sell for lesser than homes that are not affected by foreclosure within same neighborhoods. With prices of residential property at a low, and the availability of a large number of foreclosures in Portland, many people are looking at buying foreclosure affected

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Foreclosures Situation in Oregon Improving

July 26th, 2007

Now that half of the year is over, real estate experts are wondering whether the foreclosures situation in Oregon will continue improving or turn for the worse. In Portland, for example, home prices have actually risen by 8.9 percent making many sellers anxious to sell. On the other hand, buyers are leisurely sifting through the large inventory of Oregon foreclosure homes, waiting patiently for the right time to

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Foreclosures in Oregon Increase Slightly

May 3rd, 2007

Compared to 2006, the number of Oregon foreclosures has increased by a slight 8.30 percent. The state recorded 2,193 homes in some stage of foreclosure for the first three months of the current year. The slight increase would certainly pose no negative effects on the state's housing prices, relieving the homeowners from

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