Monthly Archives: December 2008

Famous Foreclosures

OK, I admit, this is completely petty but in light of the current real estate market, it IS relevant. And a little entertaining. I just came across a list of famous people (via a CNN link) either at risk of foreclosure or who have already been foreclosed upon. Most of their situations differ wildly from the average […]

Why Prefab is Fabulous

I’m hoping this post will change the way you think about manufactured homes. For most of us, if we’re honest with ourselves, the term conjures up images of trailer parks or low income neighborhoods. Since manufactured homes cost much less to build than stick-built or framed houses, that’s largely true. Manufactured homes serve a great […]

How Low Can They Go? Interest Rates That Is

The benchmark 30-year fixed-rate mortgage fell to a national average 5.17% this week, the lowest level since Freddie Mac began its weekly rate survey in 1971. Mortgage rates are incredibly low right now but will they stay that way? Well, it depends on who you ask. According to Bankrate analysts, more than 2/3 of analysts believe […]

Bend Real Estate Statistics November 2008

November was a slow month with only 69 homes selling compared to 132 home sales last November. There are still a lot of short sales and bank owned properties getting attention but they’re not the only homes selling.    The home that sold for $150,000 was not a short sale or banked owned property. It was a […]