Down With Portland Foreclosure Rates

Dated: March 31 2014

Views: 407

The Portland area’s foreclosure rate dropped to 1.89 percent in January, falling 0.65 percentage points compared to a year ago, according to Irving, Calif.-based CoreLogic.CoreLogic said local activity remained below than the national rate of 1.97 percent.The group had reported last month it expected to enter 2014 with fewer than 1 million homes worth of foreclosure inventory.Too, the local mortgage delinquency, defined as the rate of mortgage loans 90 or more days past due, fell to 3.89 percent in January from 5.17 percent one year ago. Read more...
m
Blog author image

Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

Latest Blog Posts

The Housing Market Is Hot But Not In A Bubble

Existing home sales came in at a whopping 6,850,000, beating estimates with the highest print since 2006. Days on market fell from 36 days to 21 days on a year-over-year basis. Cash buyers remain at

Read More

10 Ways To Enjoy Your Outdoor Living Space All Year

Some believe that the end of summer also marks the final days of enjoying outdoor barbecues, parties, and casual get-togethers. Yet, just by adding a few design elements to your outdoor space, you

Read More

3 Ways To Tap Your Home Equity And Which One Is Right For You

You need to come up with some cash, fast. Maybe you have a leaky roof that desperately needs fixing or you need help paying for your kid's first semester of college. But where do you turn?If you're

Read More

These Pandemic Related Housing And Design Trends Are Not Going Away

Home trends come and go, but social distancing and staying at home have ushered in a new way of life—and some of those changes have spurred home trends that are likely to stick around well past

Read More