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Moving to Portland Oregon
What better way to explore Portland than through pictures? I’ve been collecting scenes from Portland, and have started to keep a file on a Pinterest page. You can find it by clicking here.
Check back often, or subscribe to my Pinterest page. You’ll also find pages on mid-century love, do-it-yourself ideas, restaurants, and awesome looking spaces to dream about in your next home in Portland, Oregon. Obviously, I’m also the person to help you find it. I love Portland, and I’ll show you nooks and crannies that will help you to love it too.
The Buyer’s Market is Coming to a close….a MUST read!
As inventory levels off, and buyers try to take advantage of the record-breaking low interest rates, Sellers are finding themselves in an advantageous position for the first time in a few years. But that position may be short-lived. Shadow inventory (foreclosures that the banks had been forced by the Feds to hold back to help stabilize the market) has been cleared to be put on the market very shortly…. and prices will undoubtedly go down (it’s been predicted to be around 3-5%) before we see things level off .
I met Steve Harney in Seattle at the Windermere Symposium. He’s pragmatic, crusty, and above all, SMART. Here’s what he has to say to sellers: click this link… You may enjoy the blog, with its insight to current market conditions nationwide. (but many click-throughs to local stats)
The 3.8% Tax Effective January 2013
To get you up to speed about this new tax legislation, the NATIONAL ASSOCIATION OF REALTORS® has developed this informational brochure.
On the following pages, you’ll read examples of diff erent scenarios in which this new tax — passed by Congress in 2010 with the intent of generating an estimated $210 billion to help fund President Barack Obama’s health care and Medicare overhaul plans — could be relevant to your transaction.
Understand that this tax WILL NOT be imposed on all real estate transactions, a common misconception. Rather, when the legislation becomes eff ective in 2013, it may impose a 3.8% tax on some (but not all) income from interest, dividends, rents (less expenses) and capital gains (less capital losses). The tax will fall onlywillon individuals with an adjusted gross income (AGI) above $200,000 and couples filing a joint return with more than $250,000 AGI.
For more information, please click here.
