Archive of Homes-12748

Former Portland, OR Mortgage Brokers Charged With Fraud

Three mortgage brokers formerly from the Portland area were charged with mortgage fraud by a federal grand jury earlier this year.

Michael Han, Joel Surprenant and Benjamin Lucescu were each charged with one count of acquiring mortgage loans by falsifying loan applications and with fraudulent intent.  The three cases are just a small part of a nationwide effort by the feds to identify and bring mortgage fraudsters to justice.  Many of the thousands of cases being investigated by the FBI were [...]

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Economy Plays Havoc on Downtown Portland Building; Condos Will Be Dropped in Redesign

The recession has reared its ugly head and this time it has touched the Northwest city of Portland. Tom Moyer, one of Oregon’s most successful real estate developers, stopped construction on his Park Avenue West project yesterday and showed everyone that no one is protected from the downturn in the economy.

Park Avenue West is situated on one of the more desirable locations in downtown Portland and was projected to flourish as Portland ranks as having the country’s second most stable [...]

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Portland Real Estate Sales Fall to 15-Year Low

According the DQNews.com, the news site of DataQuick, January home sales in the Greater Portland Metro Area fell to the lowest level for any month in the last 15 years. Known for its stable housing market over the last several years, the five-county region, which includes Clackamas, Multnomah, Washington and Yamhill Counties in Oregon and Clark [...]

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Buying Real Estate in Phoenix, Portland or Boston Provides Access to Great Public Transportation

As an avid user of the CalTrain system here in the San Francisco Bay Area, I started to think about how much thought goes into public transportation when people are sifting through the homes for sale.

Now I know gas prices have retracted a little but it’s still very expensive to commute long distances not to mention all the wear and tear on your vehicle. Plus we live in a world where everyone really needs to think about what [...]

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