Phil Evans
What is a Mortgage?
Many people (including me back in the day) believe a mortgage payment to be one payment to a bank for a loan on a house or other real...
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Phil Evans
Jul 27, 20233 min read
When Will Buying a Home Be Less Competitive?
The short answer is… not in the foreseeable future. I’m not an economist so I can’t know for sure, but you won’t find an economist that...
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Phil Evans
May 31, 20232 min read
Are Mortgage Rates Too High To Buy?
Everyone in the market knows that the interest rates have gone up dramatically the last six months. This sadly had devastating effects on...
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Phil Evans
May 18, 20232 min read
Should You Wait for Foreclosures to Increase to Buy a Home?
Foreclosures happen when a buyer can’t pay their mortgage payments and the bank takes back the property to sell on the market....
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Phil Evans
May 9, 20233 min read
Do Home Values Drop In Recessions?
The last major recession that we went through in 2008-2010 was terrible. People were losing their jobs and their homes… multiple homes....
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Phil Evans
May 3, 20232 min read
Rent Costs Add up Over Time
How much do you pay in rent every month? What if you paid that amount to yourself rather than your landlord? How much money would you...
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Phil Evans
Apr 27, 20232 min read
The Other Benefits of Home Ownership
Most people hear about the benefits of home ownership being financial. There is equity, increase in values, and tax write-offs. You may...
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Phil Evans
Mar 29, 20232 min read
What Can Buyers Look Forward to in the 2023 Spring Market?
Have you been waiting for months to see if 2023 is the year you’ll find your dream home at an affordable price? Welcome to Spring market...
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Phil Evans
Jun 29, 20223 min read
Is it Realistic to Save Up for a New Home?
With fast-rising home prices and interest rates that started to escalate this year, saving up for a down payment seems like a dream for...
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Phil Evans
Feb 23, 20222 min read
2022: The Year To Buy or Sell?
Will 2022 Be a More Competitive Year in the Housing Market? Many forecasts for this year predicted that mortgage rates will go up and,...
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Phil Evans
Jan 10, 20221 min read
January 2022 Market Report
Portland's Real Estate Market is at an all-time low of 2 weeks of inventory (.06 months) in the PDX metro area. Average sales price...
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Phil Evans
May 12, 20213 min read
LendingTree Ranks Portland as the 4th Most Competitive Real Estate Market in the U.S.
Portland’s real estate market has been steadily growing for years. The Regional Multiple Listing Service (RMLS) states that average sale...
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