James Montgomery at HomeSmart Realty Group

04/04/2023

Inventory is still the big issue in the PWN

Here's inventory data for the nation's 400 largest housing markets.

04/18/2022

Here’s how much the same mortgage costs now, compared to last year. How long do you want to wait in this market?

The interest rate on a mortgage has risen by 2% in the last year. This increases the monthly cost of a financing a home by hundreds of dollars.

03/23/2022

The housing market enters uncharted waters, this market is still going to be moving fast! Call me with your questions

In theory, rising mortgage rates should take some steam out of the housing market.

03/04/2022

When applying for a mortgage, one of the most consequential decisions homebuyers make is choosing the term of their loan. While most buyers opt for a 30-year mortgage, a small percentage purchase their home using a 15-year mortgage because of the long-term savings a shorter duration loan offers.

Despite higher monthly payments, a 15-year mortgage results in less interest paid over the term of the loan. This potentially saves homebuyers tens of thousands of dollars, making it a prudent option.

01/31/2022

When Will Be a Good Time to Buy a House?
There won’t be a perfect moment anytime soon—but that shouldn’t stop you if you’re ready.

There won’t be a perfect moment anytime soon—but that shouldn’t stop you if you’re ready.

01/03/2022

For those embarking on a life outside of Portland, KOIN 6 News put together a list of cities where people are moving to next.

Moving company: OR no longer top moving destination
According to most rent data available by the U.S. Census Bureau, our list of metros is ranked by the estimated number of people who moved to the metro from Portland between 2014 and 2018. Ties were broken by gross migration.

If you need an agent to help with your next move I can help!

PORTLAND, Ore. (KOIN/Stacker.com) — For those embarking on a life outside of Portland, KOIN 6 News put together a list of cities where people are moving to next. According to most rent data availab…

12/29/2021

The housing market was on a wild ride this year. Here's what to expect in 2022On the National level

The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021.

12/17/2021

The top housing markets in 2022 projected by Realtor.com

That move to Idaho is going to be costly!

Realtor.com has forecasted what it believes will be the top housing markets in 2022

12/16/2021

As home prices cool, these are the nation’s 10 most overvalued housing markets

The latest survey from Florida Atlantic University and Florida International University looks at the nation’s most overvalued homes and continues to show Idaho’s capital (and largest) city at the top of the list. Homes there in November were priced at an 80.5% premium, researchers said.

Atlanta and Dallas show big gains in the latest survey from Florida Atlantic University and Florida International University looking at the nation’s most overvalued home markets.

12/07/2021

Readers Respond to Zillow’s Failed Effort to Flip Portland Houses
“Speculative buyers who will not be living in a property should be charged steep anti-speculation taxes to discourage turning housing—a basic need—into the stock market. It’s unethical.”

Last week, WW reported on the effects of Zillow, a publicly traded online realty company, attempting to flip Portland houses using an algorithm (“Zombielandia,” Nov. 24, 2021). The result: Dozens of homes sit vacant across Portland. Residents of one block in the Piedmont neighborhood say a Zillo...

12/06/2021

Scroll back up to restore default view.
GOBankingRates
Here’s Where Home Prices Are Headed in 2022, According to Experts
Jennifer Taylor
Sun, December 5, 2021, 5:00 AM·5 min read
No doubt about it — the real estate market has been white hot in 2021. But if you didn’t make a move this year, and you’re thinking about buying or selling — or both — next year, you’ll want to know what to expect.

No doubt about it -- the real estate market has been white hot in 2021. But if you didn't make a move this year, and you're thinking about buying or selling -- or both -- next year, you'll want to...

11/06/2021

With Zillow all over the news we are going to be seeing a lot more stories like this. Please find and TRUST a local Real Estate Professional. If you need to be connected to one just message me and I can help you find a qualified Realtor in your area.

For years, Zillow has been a household name in the real estate world.