Mindblown: a blog about philosophy.
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When to Refinance Your Mortgage
Refinancing a mortgage involves replacing an existing loan with a new one, often to secure a lower interest rate, shorten the loan term, or access home equity. Homeowners should consider factors like home equity, credit history, and refinancing costs before proceeding. A lower interest rate can significantly reduce monthly payments, while cash-out refinancing allows access…
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How Stable Is Oregon’s Housing Market? | Your Real Estate Resource for Advice, Tips and Trends.
Oregon’s housing market had a 24.4% chance of a 5% price drop over the past 25 years, lower than the US avg of 26.4%.Oregon’s largest recorded price drop was ↓ 28.6%, higher than the national ↓ 24.2%.
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Portland: $150K HUD Funds for Security Improvements | Your Real Estate Resource for Advice, Tips and Trends.
Portland Housing Bureau plans to request $150K in HUD funds for affordable housing security upgrades. The Safety and Security Grant Program aims to address crime and safety concerns in affordable housing.
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This type of house is reshaping Portland’s neighborhoods, creating affordable homeownership
A wave of middle housing development is transforming Portland's housing market, offering more affordable options for homebuyers. This type of development involves building multiple smaller homes on a single lot, which helps increase housing supply and affordability. Since the implementation of the Residential Infill Project in 2021, over 1,400 middle housing units have been permitted.…
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Will Portland’s Tax Extension Solve Housing Crisis? | Your Real Estate Resource for Advice, Tips and Trends.
Metro's housing tax raised $300 million annually in Portland, but changes are proposed to sustain affordable housing efforts. A new ballot measure seeks to extend the tax by 20 years to ensure long-term housing stability.
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2025 Portland Real Estate: Should You Buy In? | Your Real Estate Resource for Advice, Tips and Trends.
Portland's Real Estate market offers steady growth, with home prices rising at a slower, sustainable pace in 2025.The city faces a housing shortage, creating bidding wars and high demand, especially in desirable neighborhoods.
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Happy St. Patrick’s Day | Your Real Estate Resource for Advice, Tips and Trends.
St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.
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First-Time Homebuyer: Do You Qualify? | Your Real Estate Resource for Advice, Tips and Trends.
A first-time home buyer hasn’t owned a primary residence in the past three years. Renters, even those with no prior homeownership, qualify for first-time buyer assistance programs.
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Getting a Sub-3% Mortgage in a 7% Market: How? | Your Real Estate Resource for Advice, Tips and Trends.
Rates over 7% seem daunting, but assumable mortgages offer a potential workaround for buyers. ssumable mortgages let buyers take over existing loans with lower rates, typically government-backed (FHA, VA, USDA).
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New Rules Increase Affordable Housing In Portland
A progress report on middle housing production in Portland reveals that the Residential Infill Project (RIP) and its expansion, RIP2, have boosted the development of diverse and affordable housing in single-dwelling zones. Over 1,400 Accessory Dwelling Units and middle-housing units were permitted between August 2021 and June 2024, primarily in inner east Portland. The average…
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