Introverted but Agreeable…

The University of Cambridge came out with a study a little over a week ago, where they looked at personality traits by state. They wanted to see if different regions had different personalities. This makes some sense to me. I mean people that live in Oregon and Washington tend to want to want be in…

Housing starts correcting

Big Surprise? Of course not. Housing starts are down 48% from July 2008 over July 2007. Thank goodness. I’d hate to think that builders were continuing to overbuild. I have seen a few new construction homes that have gone into foreclosure and some local builders that have teetered on the edge renting new construction home…

Crummy real estate agents

Crummy real estate agents. You may have had one, or you know someone that did. US News & World Report wrote an article about how to tell if your agent is a crummy agent. There wasn’t anything particularly new about the information, but I am surprised at how many people hire crummy agents. 1) Communication-if…

The bumpy ride continues.

The federal takeover of Fannie Mae and Freddie Mac has been all over the news. Unless you have been on vacation for the past week, I’m sure you at least read some blurb about this. What does that mean for us here in Salem Oregon? We are just one of the many that will be…

First time Homebuyer Tax Credit

Travis Newton, a local Salem area mortgage broker, emailed me this nice little chart with the information about the Tax Credit. It was nice and simple, so I thought I would share it with you. Feature : H.R. 3221 Housing and Economic Recovery Act of 2008 Amount of Credit: 10% of the cost of the…