Location: Owner occupied Property in Portland Oregon.
Total owed: $296,300 on a countrywide 1st Mortgage interest only.
Home was listed in late August 2008 at $339,000 and slowly reduced to $325,00 in Feb 2009. This is when we were called in to help. We were presenting one of our advanced short sale seminars to 30 local realtors [...]
This Week:
The median single family home price in PORTLAND this week is $309,900. The Market Action Index has been
climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.
The median single family home price in PORTLAND this week is $309,900. Inventory is tightening and days-
on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.