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Buy a Home NOW or Wait ?

Thursday, March 19, 2009
by Rob Levy, Prudential Northwest Properties

That really is the million dollar question.  Should I buy a house now, or should I wait and see if prices fall ?  But what if interest rates go up (per Bernanke's 60 Minutes interview in March, 09) then where do I stand ?   This chart REALLY shows the benefits of buying a home now vs waiting.

 

 

 

 

 

 

 

 

 

 

For more information or to find some homes that really make sense to buy now, give us a call.  As Portland's top selling Prudential Real Estate team for two years running and with over 20 years experience.

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More on the $8,000 New Buyer Credit

Sunday, March 15, 2009
by Rob Levy, Prudential Northwest Properties

I sold a house this week that made me really think.....  A young couple were buying their first home, and they bought the house for more than $50,000 less than what it first went on the market for, and got the sellers to pay some closing cost assistance.   The net out of pocket for the buyers will be about $7,000.   Then - the US Government will pay them $8,000 as first time home buyers meaning they actually make $1,000 when the house closes!   Add to this the 4.875% interest rate they locked in and could there really be a better time for a first time home buyer to buy a home ?

Please listen to my podcast all about the $8,000 credit at http://www.roblevy.com/agent_files/talkrealty/player.htm

CLICK HERE to see the actual IRS form to claim the credit

We had a busy few weeks at the RobLevy team and again were #1 in the Portland area for Prudential Real Estate.  In fact, we have written more offers in the last 10 days than in the last 90 days.  It does seem to be picking up and the information above validates this.

If you know of anyone who could qualify as a first time home buyer (generally meaning someone who hasnt owned a home in more than three years), please

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Its the best time of the season on Mt Hood

Sunday, March 8, 2009
by Rob Levy, Prudential Northwest Properties

Rob Levy Snowboarding Well, its that time of year again......  After a somewhat below normal winter the snowpack has been accumulating at a rapid pace on Mout Hood, and as you can see me snowboarding on the right, its the dry stuff too.

Portland Oregon offers great skiing...  The Mount Hood areas are 45 minutes to 1.25 hours away and offer all types of terrain, spectacular views, and lots of night skiing too.  In fact, one area has the largest lighted night ski area in North America.

The three main areas are Mount Hood Meadows.  This is my favourite and where I have my pass.  Its the farthest from Portland but I think has the best combination of lots of lifts, varied terrain and lighted night areas.

There is also historic Timberline lodge, this area also has several high speed lifts, and the historic lodge too.

Last but not least there is Mt Hood Ski Bowl.  Lower down the snow is sometimes damp, and the lifts are slower but thre is a combination of challenging terrain and beginner terrain.

We are lucky to live where we do here....  Its so close, I often leave work early and go up and snowboard for a while, then eat dinner, go out some more and come home.  Other days I head up early get in a couple of hours and come back and am at work by lunchtime.

There are of course many cross country areas too, its all in the Mount Hood National Forest...

So if you are thinking of moving to Portland or are a current resident, think about our gorgeous extinct volcano to the east...  We see it every day but not so many of us use it.

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Displaying blog entries 1-3 of 3

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