Link to Inman News

"We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks," said Federal Reserve Board Chairman Ben Bernanke.

Just for fun I took a look at what a 30 year fixed rate mortgage interest rate was for the five year period beginning in 1978. Anyone in the business in 1982 will still have trouble believing we actually were selling homes. With the economy today . . . low unemployment and low mortgage rates, we need to keep our potential buyers and sellers aware that “it’s the perception” not the reality that’s keeping them out of the market.

Interesting statistics from NAR. Past client (repeat business) and referrals from your past clients is a good place to invest marketing dollars.

President Bush signed into law Thursday a bill creating a temporary tax break for homeowners who are able to persuade lenders to forgive part of their debt, and extends a tax deduction for some families with private mortgage insurance.

The purpose of this report is to present recent international-related data trends directly associated with Oregon. Such data, properly gleaned, will present real estate opportunities with foreign nationals, foreign companies and foreign referral counterparts.