Earline Penson, Principle Broker - Coldwell Banker Seal : CitySmart on Religion

CitySmart on Religion

February 25, 2012

Portland, Oregon garners attention for its 2nd place ranking in the nation's lowest multi-family vacancy rental rates

....second only to New York City's, 1.8 percent. The NAR (National Association of Realtors) is projecting that vacancies in the apartment rental market are likely to drop from 4.7 percent in the first quarter of 2012 to 4.5 percent in the first quarter of 2013. Multifamily vacancy rates below 5 percent are generally considered to indicate a landord's market with demand justifying higher rents.

Click Here to read the full article on Mortgage News Daily.

If you're interested in exploring duplex and tri-plex investment opportunities in the Portland metro area contact Earline Penson, Principle Broker with Coldwell Banker Barbara Sue Seal's Uptown Office at 503.804.8781.

Posted at 02:40 PM in CitySmart on Advice, CitySmart on Religion, CitySmart on Retirement | Permalink | Comments (0) | TrackBack (0)

August 27, 2011

Do your homework before making a decision to purchase a old home - Earline Penson, Principle Broker with Coldwell Banker Seal

With home prices down as much as 50% from their peak several years ago, especially in certain real-estate markets, many people are deciding with good reason that now is the time to jump into homeownership or to invest in real estate. While living in a brand-new home has its perks, these newer homes often lack charm and personality.

This is why some people are drawn to older, historic homes, which are often oozing with character. The downside is that they can also be money pits and cause endless frustrations for homeowners.

Click Here to read the full article on MSN.com.

In addition to MSN's article I would suggest adding the following considerations for home inspections: Asbestos, Chimney, Lead Based Paint, Oil Tank Locate, Radon and Sewer Line Scope.

Posted at 06:04 PM in CitySmart on Religion | Permalink | Comments (0) | TrackBack (0)

June 04, 2010

Everything comes-up roses during Portland Rose Festival Season!

Festival of Flowers: Annual floral landscape display with more than 20,000 plants. Click Here for the full article compliments of OregonLive.com. Photo Credit: Rob Finch The Oregonian. June 4-10, 2010.

Over the next three weeks no matter where you are in Portland, the Rose Spirit is happening. From the bright lights of the Fun Center at Waterfront Park to the Dragon Boat Races on the Willamette, there's something uniquely Portland to please everyone!

May 28 - June 13
Waterfront Village

Our Opening Day (May 28)

All-American Spirit (May 28 – May 31)

Barbecue & Brew (June 2 – June 6)

ClownTown Comedy Circus (June 9 – June 13)

May 28
Fireworks Spectacular

May 22 - June 13
History & Roses Tour presented by Windermere

May 31
Memorial Day Celebration

June 5
Starlight Run

June 5
Portland General Electric/SOLV Starlight Parade

June 9
Fred Meyer Junior Parade

June 2 - 6
Fleet Week