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Heather Bonney | Get MORE with MORE Realty! Blog

Wednesday, July 31, 2019   /   by Heather Bonney

Portland’s Public Fountains

Many Portland parks and public spaces invite you to make a splash.
When temperatures get toasty, Portland has no shortage of public water fountains for splashing in. (Note: All city fountains are turned on by Memorial Day weekend and operate through September.)
In the Pearl District, kiddos can beat the hat in the wading pool at Jamison Square, where the fountains water drains and fills to simulate a tidal pool and the flower of the Willamette River. A puddle-jump away at downtown’s Director Park, a large, circular fountain tickles toddlers with gentle jets and bubbles. The water feature is ringed by wooden benches; perfect for parents hoping to keep their toes dry.
For those who don’t mind getting wet, Salmon Street Springs at the Waterfront Park is an ever-changing fountain controlled by an underground computer. From beneath the jets of on the sidelines, families enjoy great views of the Willamette River. A quick MAX light rail ride across the Willamette is the Lloyd&r) ...

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Thursday, July 18, 2019   /   by Heather Bonney

Bidding Wars Expected to Heat Up Again

July 16, 2019




Lower mortgage rates are bringing out more potential home buyers. In certain parts of the country, this has translated into a lot more competition. In markets that have seen prices become more moderate, supply is lower than it was a year ago and bidding wars are becoming more prevalent. For example, a recent Redfin housing index notes that cities like Oklahoma City; Richmond, Va.; Memphis, Tenn.; Buffalo, N.Y.; and Atlanta are seeing buyer demand outpace the number of available homes for sale.
“With low mortgage interest rates luring more home buyers off the sidelines as supply dwindles, we’re likely to see competition pick up, especially for the most affordable homes and neighborhoods, where inventory is limited and buyers are most rate-sensitive,” says Daryl Fairweather, Redfin’s chief economist. He says his brokerage is starting to see an increase in the number of home buyers starting their searches and taking hom ...

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Thursday, July 11, 2019   /   by Heather Bonney

How Young Buyers Are Redefining ‘Luxury’

How Young Buyers Are Redefining ‘Luxury’

Many millennials are showing interest in high-end homes, but their property wish lists may look different than those of typical wealthy house hunters.















© alisonhancock - Fotolia.com




How Young Buyers Are Redefining ‘Luxury’

Many millennials are showing interest in high-end homes, but their property wish lists may look different than those of typical wealthy house hunters.







June 11, 2019



by Jeff Lottmann




Millennials are known for their ability to change the status quo, whether it’s demanding more options for remote work or raising families in an urban environment rather than settling in the suburbs. And now, when it comes to real estate, they’re changing the meaning of “luxury.”

Millennials, many of whom are in or entering their 30s, are building their wealth and showing interest in high-end homes. In 2017, buyers ...

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Tuesday, June 18, 2019   /   by Heather Bonney

Most consumers overestimate what it takes to get a mortgage

Fannie Mae survey reveals widespread lack of mortgage knowledge


When it comes to obtaining a mortgage, the majority of consumers think it requires a higher credit score and larger down payment than is actually necessary, according to a recent survey by Fannie Mae.
Of the 3,647 surveyed consumers, most vastly overestimated the requirements to obtain a mortgage. Specifically, 53% thought a credit score of 650 was required, when many lenders actually allow a score of 580.
And, when asked how much money a borrower is required to put down, 40% said they didn’t know. Of those who did have an idea, they cited 10% as a required minimum, while a number of programs offer as little as 3% down.
Only 23% of respondents were aware of low-down payment programs, up just 1% from three years earlier.
Further, when it came to debt-to-income ratios, consumers were equally confused, with as many as 61% saying they didn’t know – up from 59% three years ago. Of those who did p ...

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Wednesday, June 5, 2019   /   by Heather Bonney

Petty Issues that Can Disrupt Deals

Petty Issues That Can Disrupt Deals





May 28, 2019


Home buyers and sellers can disagree over seemingly frivolous issues, which can sometimes jeopardize a sale. Realtor.com® recently interviewed real estate professionals to find out some of the most common petty issues that can pop up in a transaction.

For example, missing cover plates is one that agents said they hear often. “One of the funniest—and most annoying—requests I get is for sellers to replace missing cover plates on light switches and outlets,” Amy Berglund, a real estate professional with RE/MAX Professionals City Properties in Denver, Colo., told realtor.com®. “Usually they’re missing in places such as laundry rooms and basements—think places that aren’t used that much. It is an incredibly affordable fix.”
Another one that agents sometimes hear buyers complain about: missing blinds. Jen Horner, a real estate professional with RE ...

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MORE Realty, Inc
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Vancouver, WA 98662
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