by John DeCosta Nothing is more popular this time of year in Portland than touring the town on your bike. Portland has some famous and some secret bike trails. Go to www.trails.com and find your favorites, or explore for a new trail less taken. We all enjoy the Portland Lifestyle, and this is the time to see it all from... Read More »
By John DeCosta, Keller Williams Realty Portland Premiere The sudden increase in mortgage rates last month, caused some fence sitting buyers to connect the dots and secure homes. Home Sales bumped up in May 2013, but the elevated interest rates have deflated the results in June 2013. This market is very sensitive to the movement of interest rates. Over the... Read More »
June 2013, RMLS Market Action
The weather looks great, enjoy the weekend, John DeCosta http://calendar.travelportland.com/ PORTLAND EVENTS CALENDAR Search FRIDAY, JUNE 28, 2013 Change date DISPLAYING ALL EVENTS Filter by category HOUR-BY-HOUR LISTINGS 9 a.m. 9th annual North American Organic Brewers Festival OVERLOOK PARK Two of Portland’s beloved industries – organic beer and sustainability – come together in an annual celebration designed to raise... Read More »
By John DeCosta, We enjoy seeing all of this positive real estate news. What a difference a year makes. We hope the activity in the real estate sector helps get the entire economy headed in a positive direction. Data through April 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, a leading measure of U.S.... Read More »
by John DeCosta. These are great articles to help you keep informed on this fast moving real estate market. Real Estate is roaring back. Home Prices See Biggest Monthly Gain in Seven Years — The Oregonian Another Report Shows Home Prices Taking a Big Jump — NPR 16,000 Foreclosed Oregonians will Receive $1,480 Each Under National Mortgage Settlement —... Read More »
Horse Property for sale in Sherwood, Oregon. Enjoy viewing one of newest listings. This home is a working ranch in the wine country. Minutes to schools, shoppings and dining in Sherwood, Oregon. The property has 5 buildable lots, and a full equestrian business. The Main House is located high on the hill with beautiful views.
Magnificent estate in private hilltop setting in Sherwood, the gateway to Oregon’s wine country. Expansive outdoor entertaining areas, full sport court, pool, patios, five mountain views. Elegant interior with Tuscan-inspired kitchen, media room/full bar, master suite opens to patio.Guest house, barn, horse corrals.
Watch the housing starts. A healthy housing market will lead to a healthy economy, John DeCosta, Keller Williams REAL ESTATE Housing starts up after teetering for months By Megan Hopkins • June 18, 2013 • 7:55am New home starts on private residences have been teetering over the past few months, but rose 6.8% from the revisedApril estimate of 856,000, reaching... Read More »
Breakfast with John celebrates comeback of real estate market. 2013 Street of Dreams Looks Incredible click to view details Created on Friday, 14 June 2013 04:00 | Written by Cliff Newell | by: SUBMITTED – The houses being built for the 2013 Street of Dreams are nearly sold out. For several years, though, the Street of Dreams was like Death Valley because... Read More »
May 2013, RMLS Market Action
April 2013, RMLS Market Action
March 2013, RMLS Market Action
February 2013, RMLS Market Action
January 2013, RMLS Market Action
Tom is one of my favorite Economists. His humor and knowledge are very special. See if you agree. John DeCosta Uploaded on Apr 15, 2010 Friday, April 9 Tom Potiowsky, State Economist The State of the State at Portland State University
Another great article from Portland Business Journal. Enjoy, John DeCosta Jun 17, 2013, 10:20am PDT UPDATED: Jun 17, 2013, 10:56am PDT Ravenous home buyers keep inventories low Enlarge Wendy Culverwell Real Estate Daily editor-Portland Business Journal Email | Twitter | Google+ Portland’s insatiable appetite for houses kept inventories at record lows, even as more sellers entered the market in May. The Regional Multiple Listing Servicereports the... Read More »
Great purchaser is looking to purchase a home in Lake Oswego. Need 3,000+ square feet, 4 bedrooms, room for kids to play. Up to $1,000,000. Can make large monthly payments, but has small down. John DeCosta, Keller Williams, 503-702-0856 cell, [email protected]
Contact your mortgage professional, or call us to get your mortgage locked in at these incredible rates. Whether to refi or buy a new home can be a puzzle. Give us a call, and we will lend you a hand, John DeCosta, Keller Williams Portland Premiere. 503-702-0856
Real Estate Terms, Definitions and Dictionary click on the letter or the word A B C D E F G H J L M N O P Q R S T V acceleration clause adjustable-rate mortgage (ARM) adjustment date amortization amortization schedule annual percentage rate (APR) application appraisal appraised value appraiser appreciation assessed value assessment assessor asset assignment assumable mortgage assumption balloon mortgage balloon payment bankruptcy bill of sale biweekly mortgage bond market bridge... Read More »
The median list price in March for single family homes in Lake Oswego is$822,500. The list prices increased by 2.82% from the previous month.The price per square foot for listings in this area is $283.The median sale price in February forsingle family homes is $359,750. The sale prices dropped by -35.18%from the previous month. The price per square foot for sales in this area... Read More »
Wells Fargo Economic Outlook Video, February 2013, http://www.youtube.com/watch?v=8B6kCekMekI
33620 SW Firdale V- Tour
Enjoy ! Life is not all about Real Estate, at least not all of the time. Newsmax sends these out each day. http://news.newsmax.com/?KKO6XYlmcGVHEOkQZg42YkEv2tyktJvAK&http://www.newsmax.com/jokes/ Just in case you were not up at midnight watching 6 Channels on the TV. You didn’t miss anything. John D. The Tonight Show With Jay Leno Scientists at the University of Maryland say they have... Read More »
Legend Homes has been building fabulous homes for a very long time. What a pleasure it is to represent such an outstanding organization. And it is not just us that tout the Legend way of doing business. Watch for yourself as a homeowner recalls how easy and rewarding it is to purchase a home from Legend Homes. There are dozens... Read More »
The News is much more positive than in the recent past. Values are rising, and the buyers are getting the lowest interest rates ever. Stay informed….. John Housing to Drive Economic Growth (Finally!) — CNN Money American Forests Names the Ten Best US Cities for Urban Forests — American Forests Portland Ranked Among Worst Places to Buy a Foreclosure... Read More »
Trulia has just completed a 5 year study of when people are most focused on purchasing a home. The data finds that it varies by region and by State. Our practice does not greatly vary by month. Enjoy the information. John DeCosta, Keller Williams Portland Premiere, 503-702-0856 cell
Newest Case Shiller numbers are very encouraging. John DeCosta, Keller Williams Portland Premiere
Enjoy the Beautiful Oregon Coast as soon as possible
Very Good article in HousingWire. Real Estate is increasing and improving. John DeCosta, Keller Williams REAL ESTATE Housing recovery sustained with 4.3% uptick in prices By Kerri Ann Panchuk • December 26, 2012 • 8:16am Home prices continued to rise in October with prices up 4.3% annually within the 20-city composite index produced for the Standard & Poor’s/Case-Shiller Home Price... Read More »
J.D. Power Ranked Keller Williams Highest in Customer Satisfaction [email protected] Keller Williams Realty Ranked “Highest in Customer Satisfaction Among Home Buyer and Seller Segments” by J.D. Power and Associates AUSTIN, TEXAS (August 16, 2012) — According to the J.D. Power and Associates 2012 Home Buyer/Seller Satisfaction StudySM released yesterday, Keller Williams Realty, Inc. ranks highest in customer satisfaction in both... Read More »
Many confusion surrounds the distressed property market. What strategy is best when you get behind on your payments? A leading expert takes you through the discussion. Brought to you by CDPE, Alex Chafen.
http://www.youtube.com/watch?feature=player_detailpage&v=0S-S3KJYZfE&list=PLD93DFFC5AD4A84AF
Get all the details below. The story is not ending any time soon, but for now, the lake remains private, and the annual $4,000,000 cost is borne by the private shareholders. One of the Jewels of Oregon costs the taxpayers nothing. Imagine that…… John DeCosta, Keller Williams Oswego Lake access suit plaintiffs plan to file in state court after... Read More »
FOR IMMEDIATE RELEASE, CONTACT: Stephanie van Hoek Office: 512/439-8708 [email protected] Keller Williams Realty Ranked Highest in Customer Satisfaction Among Home Buyer and Seller Segments by J.D. Power and Associates AUSTIN, TEXAS (August 16, 2012) — According to the J.D. Power and Associates 2012 Home Buyer/Seller Satisfaction StudySM released yesterday, Keller Williams Realty, Inc. ranks highest in customer satisfaction in both... Read More »
Congratulations to Lake Oswego’s own Bill Conerly, economist and sage. Bill is featured in Forbes, Take a peek….. cheers, John DeCosta, Keller Williams This article is available online at: http://www.forbes.com/sites/billconerly/2012/10/08/real-estate-forecast-2013-the-housing-market/ Bill Conerly, ContributorConnecting the dots between the economy . . . and business decisions.| 10/08/2012 @ 2:36PM |2,002 views Real Estate Forecast 2013: The Housing Market The housing... Read More »
It doesn’t feel like a seller’s market, but it really is. Without many new homes, and with the underwater homes on the sidelines, many buyers are finding the supply of great homes to be very tight. Supply stands at 3.9 months. (6 is average) Good House-hunting to the lucky buyers. Get your homes totally dialed in if you are a... Read More »
CLICK HERE TO LISTEN TO THE ENTIRE INTERVIEW Listen to John talk about Industry facts and Home Ownership rates. Did you know that New homes construction is on the way up? John also talks about: 1) Mortgage Stats: Average fixed rate loan to below 3% for the first time ever. 2) Distressed Properties: Foreclosures fell 33% in 2011, and will... Read More »
First Time Homebuyers. They get the whole thing started. Hopefully the student loans don’t hold back all of the first time buyers. John DeCosta, Keller Williams
It’s all about the Buyers. Take a peek at who is buying homes at this time. Info from Brian Buffini. John DeCosta, Keller Williams
Distressed properties are not gone. They are fading away, however. Most banks are getting 90%+ of the market value. The heavy discounting is still happening in Vegas and Phoenix. Portland is back on track, and is even in a seller’s market. Who would have figured, Buy for Now, John DeCosta, Keller Williams
The market for mortgages has changed dramatically. Opportunities for the well qualified have never been better. John DeCosta, Keller Williams
Get the latest info on real estate: John DeCosta Portland and U.S. home prices rise in July, fueling optimism – The Oregonian Home prices, building permits point to residential recovery – Portland Business Journal Mortgage rates plummet to new lows – Housing Wire Home Prices Rise Again,... Read More »
Listen in as John gives his monthly update regarding the Real Estate Market and how things are improving John also talked about mortgage rates, rates are low – It is a great time to buy CLICK HERE TO LISTEN TO THE ENTIRE INTERVIEW WWW.DeCosta-Properties.com
Great News and Recognition. Portland is again ranked as one of the top 5 cities in America. Take a deep bow, all of your Portlanders. John DeCosta, Keller Williams Realty Portland Premiere Portland, Oregon Rank: 5 Population: 598,205 Portland is known for its Pacific Northwestern brand of laid-back living, with education and restaurant offerings to go with air quality... Read More »
Stay Informed Make Great Real Estate Decisions. This market is changing and improving. Don’t be left behind. Lock in these low rates, and buy a home you and your family will love for decades. Cheers, John and Priscilla DeCosta, Keller Williams Portland Premiere Portland Lauded for Bike-Friendly Culture Survey: Americans’ Attitudes Shift About Housing 15,000 Fewer... Read More »
Obamacare brought many changes with it’s passage. The Transfer Tax is not a bid deal. See Below… VIEW THE VIDEO THAT DEBUNKS THE NEW TRANSFER TAX Possibly entertaining, but definitely informative…. John DeCosta, Keller Williams
What an incredible new tool for the thorough home purchaser. Get complete info on the areas you are considering investing in. Spending your life savings and going into debt to purchase your family a home is serious business. My recommendation is to use www.zipskinny.com to help you decide which neighborhood would best suit your family. Have a great... Read More »
This was much anticipated and appreciated. It doesn’t matter what the rates are if people aren’t Qualifying. John DeCosta Bernanke: Loan Standards Easing Watch the Video September 20, 2012 · One of the main questions hanging over the Federal Reserve’s plan to buy up to $40 billion a month in mortgage-backed securities (MBS) to help spur the housing market... Read More »
Listen this week as John talks about the demographics program & ZipSkinny.com. He also talks about why Property values differ by neighborhood, by school district, and by many other factors. Make sure to do your research before purchasing in any neighborhood. Click Here To Listen To The Entire Interview
The Brookings institute points to Portland as a sterling example of bouncing back. Kudo's to all of the local over-achievers. The economy is basically to total of the hard work done by citizens. Great job, now go back to work and buy a new home, John and Priscilla DeCosta Brookings: Portland has nation’s ninth-best economy A Brookings Institution report found... Read More »
One of my favorite groups is doing great things again and again and…… We help whenever possible, and are always pleased to pitch in. What a spectacular group. Good job Luke and Ken, Much appreciation John and Priscilla DeCosta Home Builders Foundation raises funds for shelter work Portland Business Journal by Wendy Culverwell , Business Journal staff... Read More »
Congratulations to all of the hard working Realtors at Keller Williams. JD Powers has awarded Keller Williams the top recognition for both BUYERS AND SELLER FOR 2012. We are seeing great results in our Portland Offices, and it looks like the other Keller agents are also succeeding in making our clients raving fans of great service. John DeCosta ... Read More »
Another article pointing out the critical need for new housing starts to lead the economy out of the doldrums. Stay informed, John DeCosta U.S. builders started work on more homes in August, driven by the fastest pace of single-family home construction in more than two years. The increase points to steady progress in the housing recovery. The Commerce Department said Wednesday that... Read More »
Very interesting article about loan volume. 2003 was filled with construction loans and development loans. John DeCosta Mortgage Loans Hit 16-Year Low as Standards Tighten Mortgage lending declined to its lowest level in 16 years in 2011 amid weak demand for mortgages and tighter lending standards, according to a report released by federal regulators Tuesday. Banks funded about... Read More »
Drake Butsch at First American Title is excited about the new mapping products they can provide. We appreciate all of the help the Title Companies bring to the industry, Well Done….. John and Priscilla DeCosta
This week John talks about Robin Williams and Joe Montana’s Napa Valley estates that are for sale for $35 Million each. He also talks about the sale of distressed properties is yielding few deep discounts. Many bank owned properties are selling for full price. Large institutional investors are beginning to bulk purchase bank owned homes with... Read More »
Listen to Johns discussion on escrow, Recording the documents, how to prepare your home for today’s market. Click Here For The Entire Interview
Click Here For Segment 1 Case Shiller discussion, Purchasing a home today, Foreclosure purchases are tricky, Avoiding pitfalls, Short Sale process solves problems Click Here For Segment 2 Case Shiller update, prices slightly down in Portland, 9 of 12 cities are down also
Click Here For The Entire Interview New RMLS market updates, Sales Up, Prices Up, Listings Up, Interest rate tip upward, The new 3.8% Tax on capital gains.
We highly recommend using these free tools from Bankrate. Planning and organizing your life will greatly help you. John DeCosta Calculators Mortgage payment calculator Calculate your mortgage payment and more Enter mortgage amount: $ Length of mortgage term: Interest rate: Go Use our calculators to finesse your monthly budget, compare borrowing costs and plan for your future. See our full... Read More »
The newest Case Shiller report details that all 20 markets that they study have reported price increases. This is the first time in 5 years that this has happended. The supply of listings is very low. In Portland, we have a 4 month supply of listings. Interest rates are so low that it seems impossible for them to go lower.... Read More »
Inman, the industry leader in Technology awards Keller Williams the prestigious best Innovator Award, congratulations
Red Hot Real Estate Market, Listings shrink, Under water homes out of the market, Prepare your home for the market, Home Warranties Click Here For The Entire Interview
Real Estate Teams are the rage, Recordings are now online, Oregon Courts to render verdict on MERS Click Here For The Entire Interview
The weather isn’t the only thing that is hot, RE listings very tight, Buyers scramble for homes, Multiple offers, Above list price sales, few lots available Click Here For The Entire Interview
Estate Tax is hot topic this week, RE market revs up, Listings are short, Interest rates low, low, low, Structuring deals and terms, Lenders tight by available Click Here For The Entire Interview
Mid June update in RE market, Foreclosures down, builders start looking or lots, few are found, Multiple offers expanding, New homes selling rapidly, Busy RE market Click Here For The Entire Interview
Economic views, School is out for the year, Portland and Seattle shine, Lifestyle makes the Portland market move, Jobs lag, sales growing Click Here For The Entire Interview
Credit Reports discussed, Get Qualified, Renter information tips, Credit repair tips, distressed properties sold in bulk, Bankrate financial calculators, Frugal is the new cool Click Here For The Entire Interview
Shift in Real Estate Market continues, Buyers are getting excited, Loans are available, rates are low, Listings are disappearing, Tight Market seen Click Here For The Entire Interview
Freddie Mac rates are the lowest in History, Many sales use no lender, Mortgage settlement gives Oregon $100 Million plus, All American house in Lake Oswego Click Here For The Entire Interview
Purchase Mortgages are increasing, Re-fi’s continue, MERS issue regarding foreclosures make for great uncertainty, Court rulings shortly, the island estate in Lake Oswego sells Click Here For The Entire Interview
Market Trends are getting fuzzy, Market at the Bottom, well funded buyers are scooping up deals, recovery may be underway-very slowly Click Here For The Entire Interview
The Market in Portland heats up, Distressed properties, Trust Deeds, Trustees, foreclosure process, Notice of Defaults Click Here For The Entire Interview
Trends today in Portland, Foreclosures still dominate the converstation, Lots continue to disappear, few new lots on the horizon Click Here For The Entire Interview
Home buying has changed, Psychology of the Sale is explored, Family dynamics of the sale, how to make a priority list of homes Click Here For The Entire Interview
Soggy Spring Break Edition, Foreclosures are increasing, Short Sales may be the best alternative, Interest rates continue downward, James Patterson-author buys a big home in Palm Beach for $35 Million after remodel Click Here For The Entire Interview
Time to move your clocks forward, Gary Keller Vision Speech highlights, New home traffic doubles, Lots are disappearing quickly, apartments are the rage Click Here For The Entire Interview
Lake Oswego access to lake discussion, Homebuilders stocks start rising, Sales increase rapidly, Distressed homes disappearing quickly Click Here For The Entire Interview
RBC calls the bottom of the market, Robert Wetenhall says direction will move upward, Lamarcus Aldridge buys in Stafford Click Here For The Entire Interview
National peek at Real Estate, NAR buyerprofile, First Time buyers down from 50% of market to 37%, Nicholas Cage loses homes Click Here For The Entire Interview
Super Bowl Sunday, RMLS Update, Market nearing bottom, Buyers not very motivated, Household formation, Low interest rates CLICK HERE TO LISTEN TO THE ENTIRE INTERVIEW
National Real Estate trends, Fannie Mae, Freddie Mac, Lots of Changes, Zillow says prices trending down, CLICK HERE TO LISTEN TO THE ENTIRE INTERVIEW
Calpers sale, Can I afford a home in my neighborhood, Larry Ellison buys Porpupine Creek in Rancho Mirage Click Here For The Entire Interview
Local Realtor Count, Short Sales, Foreclosures, Technology like Dropbox Click Here For The Entire Interview
John discusses HOA issues, and current Real Estate Trends, new RE tools Click Here For The Entire Interview
We welcome all questions and inquiries, and look forward to the opportunity to connect with you. Please don’t hesitate to contact us at any time. It will be our pleasure to promptly respond to you.
