condo

I had the privilege of waking up at 6am this past Sunday to cheer on a friend in the Portland Marathon. As I walked around the Pearl District and I noticed several real estate key box collections. The picture below shows 13 condos for sale in one building. I don’t remember the building but I […]

The Cyan development between downtown and Portland State University is positioning itself as the greenest condo in the area. I received an email from the condo promoter about the start of their Green Salon Series. Basically it’s an orgasm of organic products and businesses. Here is the email.
Organic catering by Phresh?
Is the Cyan running the […]

From the Oregonian:
The owner of a new condo and office complex northeast of the Sellwood Bridge is suing Multnomah County and the city of Portland, claiming that it hasn’t been able to sell a single unit because of publicity about moving the bridge.In a lawsuit filed in Multnomah County Circuit Court, Wasson Properties claims that […]

From The Oregonian:
Two subcontractors filed liens against Marty Kehoe’s Cambridge condo project in Northwest Portland in the last month.Liens can signal a developer is in a financial pinch and stringing out his contractors. Or, they can come amid a dispute between contractors and the developer.Kehoe says this is the latter.Pioneer Sheet Metal filed a $67,800 […]

Yahoo took their title this morning from yesterday’s Wall Street Journal- Banks to ask government to take bad loan risk: [Hat tip L!]
NEW YORK (Reuters) - The banking industry is proposing to members of the U.S. Congress and the White House that some of the risk of troubled mortgages should be shifted to the federal […]

Maricopa County is sending out property notices this week.  Most homeowners will note that the value of their homes has dropped, but their taxes haven’t: [Hat tip M!]

Homeowners hoping for an immediate property-tax reduction will be disappointed.

Property-tax statements lag valuations by 18 months in Arizona, so homeowners won’t see a drop in their […]

ASU’s Realty Studies has released Jay Butler’s report on the Phoenix housing market in January, and the report holds no surprises- the housing market continues to deteriorate.
Prices

The median home price opened the year at $230,000, which is below the $232,000 of December 2007 and last year’s $260,000. It represents a continuation in declining […]

Thank you to Kevin Tomlinson, who sent me this post from his South Beach Condo Blog:

Say you want to sell your unit at Related Group’s new 50 Biscayne Condo in downtown Miami, you find a buyer willing to purchase your unit, you agree on terms, and you probably think, “whew, I’m really lucky I […]

Hank Paulson on housing– "The worst is just beginning" [Thanks L!]
 

Homebuilders are upset that government is not doing to save them from the crisis they created themselves– and they are going to punish Congress by withholding political contributions: [Hat tip L!]

WASHINGTON (AP) — The lobbying group representing homebuilders is cutting off contributions to federal congressional campaigns, saying lawmakers and the Bush administration have […]