Flipping Report 2016

Attom Data Solutions posted a data-filled Flipping Report for the year 2016 that is worth taking a look at. In it you can find the data for most cities in America. Here’s what I mined from the map shown in the article, that represents our region. A word of warning:  The following information may cause … Continued

Real Property Auctions in Lane County

If you google “Foreclosures in Eugene Oregon” you will find that there are 140 homes for sale as foreclosed in Eugene today. It’s a myth that there isn’t that much foreclosure going on.  “The total number of homes with foreclosure filings jumped 27% in October 2016.  It was the biggest jump in monthly foreclosure filings … Continued

“The Big Short” not again

If you liked the movie “The Big Short” then you’ll want to read this.  Mortgage-backed securities (MBSs) are back, and they are being bundled this time as Fix-and-Flip mortgage bonds.  It’s “Wall Street’s new housing bet to boost home flippers”, says Inman’s headline on February 15, 2017. What is it?  Last year Fannie Mae and … Continued

Is Eugene Next?

Portland City Council passes Relocation Assistance ordinance. On February 2, the Portland City Council unanimously passed an ordinance requiring landlords to pay for the relocation costs of some tenants.  The ordinance applies to Tenants receiving a no-cause eviction or when the landlord raises the rent by more than 10 percent. In October 2016, the Portland … Continued

Good News from the War on Zombie Properties

Good News from the War on Zombie Properties In his article “Breaking Down Blight”*, Robert Klein heralds the use of polycarbonate clearboarding to be a turning point in the national war against the blight of vacant and abandoned properties. “One of the most significant changes that built positive momentum in the fight against blight occurred … Continued