Category: Uncategorized
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Happy Holidays | REAL ESTATE by REAL PEOPLE
The middle of winter has long been a time of celebration around the world. Many peoples rejoiced during the winter solstice, when the worst of the winter was behind them, and they could look forward to longer days and extended hours of sunlight.Popular modern customs include gift-giving and the display of various holiday decorations.Here's wishing…
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Oregon: Market Rebalancing After Pandemic Surge | REAL ESTATE by REAL PEOPLE
Portland area sees pricing level off post-pandemic. Rural and coastal segments experience slower activity. New builds help offset supply shortages. Inflation relief supports cautious buyer confidence. Gradual stabilization expected across 2026.
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First-Time Homebuyer Tips You Can’t Afford to Ignore
Set a realistic budget considering mortgage, taxes, insurance, and repairs. Get mortgage preapproval to strengthen your buying power. Choose a location that suits future needs, factoring in commute, schools, and property trends. Never skip a home inspection to avoid costly surprises. Be prepared to negotiate price, repairs, and closing costs to save money and secure…
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Hidden Homeownership Costs in the Portland Metro Area | REAL ESTATE by REAL PEOPLE
Hidden costs: ~$18.3K/yr, > national avg of ~$16K/yr Property taxes: ~$5,100/yr Maintenance: ~$11,600/yr Insurance: ~$1,600/yr Higher taxes and upkeep drive elevated overall costs
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What Drives High Price per Square Foot in Oregon? | REAL ESTATE by REAL PEOPLE
Oregon homes avg ~$304/sq ft, driven by strong demand in both urban and scenic areas. Portland and surrounding cities contribute heavily to statewide pricing levels. Limited available land and steady population growth push prices upward. Outdoor lifestyle appeal attracts both local and out-of-state buyers. Housing affordability remains challenging as supply struggles to meet demand.
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How to Increase Your Chances of Qualifying for a Mortgage Loan in 5 Easy Steps
When applying for a mortgage, potential home-buyers can streamline the process by checking their credit score, rebuilding credit, paying off debts, documenting finances, and applying for pre-qualification. A higher credit score can lead to better loan terms, while low scores may require a low debt-to-income ratio or a large down payment. Pre-qualification helps identify issues…
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Oregon Home Trends Rewarding Smart Buyers | REAL ESTATE by REAL PEOPLE
Solar and energy-efficient homes are hot in Oregon—saving money and boosting resale value fast. Energy-efficient, ADU, and newly built homes attract buyers, combining savings, income, and modern convenience.
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Don’t Miss Out: Why Portland Is a Buyer’s Paradise | REAL ESTATE by REAL PEOPLE
Median sale price as of Oct: $547,236 Sellers: 10,820 Buyers: 7,269 Sellers outnumber buyers by 48.9%. Nationally, sellers outnumber buyers by 36.8%. Portland’s soft price environment and supply levels favor buyers.
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5 Ways To Boost Your Chances of Getting a Mortgage If You’re a Freelancer or Self-Employed
To improve mortgage approval chances as a self-employed borrower, prepare extensive documentation like tax returns, business financials, and proof of ongoing work. Consider buying a cheaper property or making a larger down payment to offset income fluctuations. Maintain excellent credit and manage your debt-to-income ratio, ideally below 36%, to appear less risky to lenders and…
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Portland Metro Inventory Grows, Prices Slightly Drop in Mid-Fall | REAL ESTATE by REAL PEOPLE
Inventory grew 13.6% year-over-year in October 2025. Median list price fell 0.6% to $599,000. Buyer activity softened amid moderate inventory growth. Homes averaged 10 days on market, slightly slower than previous year. Price reductions affected 1.9% of listings, minor impact.