Thanks for visiting Top Portland Tickets, your source for Portland Concert Tickets, concert ticket information for shows in and around Portland, Oregon. Among all of the Rock Concerts, Rap Concerts, Country Music, Pop, Blues, RnB and Alternative Concerts that happen in Portland, OR every year there are also a number of lesser known genres of music being performed in the Portland metro area.
Portland, Oregon Real Estate Market Forces Buyers To Get Creative
The real estate market in Portland, OR is forcing potential buyers to think creatively.
Many neighborhoodsespecially in some of Portlands more desirable locations: Alameda, Mount Taber, Hawthorne, Rose City Park and Multnomahremain costly and coveted.
Buyers who are ready to purchase a home but cant afford the high prices of these neighborhoods are looking to smaller homes as alternatives.
Homes with three bedrooms or less are considerably less expensive than a home with three or four bedrooms. This is common sense. But the clever part is when a home has existing space that could in the future be converted into another bedroom or bathroom.
Such was the case when a young couple from Oregon searched for their first home. They had been renting for years, had saved money, and knew where they wanted to live. But they couldnt afford the down payment on a home that had more than two bedrooms. The Oregonian ran an interesting feature article about the couple.
As recently as last summer, former pro baseball player Given Kutz and his wife, Katie, a nurse, weren’t in the market to buy a house. Kutz was transitioning to a law enforcement career, while his wife was preparing to graduate from nursing school.
“We had talked about an investment, a house we knew would appreciate if we put a little work into it,” said Kutz, a former University of Portland baseball pitcher who had played for the Great Lakes Loons, a Class A affiliate of the Los Angeles Dodgers. “We originally thought about buying something larger — three bedrooms, two baths. We had some savings, but with the market doing what it’s doing and the money we had, we were forced to look at smaller homes.”
Their can do attitud
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e wound up working in their favor. They found a two-bedroom home with a space that could be used for anther bedroom in the future.
Eventually, M Realty broker Alicia Selliken found them a prospect: a two-bedroom, 1910-vintage “Sears bungalow,” assembled from mail-order parts, on Northeast 66th Avenue. Kutz loved the Rose City Park neighborhood, the unique character of the home and the fact that it had an unfinished basement. Eventually, the couple offered $213,000: $40,000 under its appraised price. The offer was accepted, and they’ve already finalized plans to add a bedroom, bathroom and laundry room to the basement.
It seems this is becoming a trend. Three bedroom homes are more expensive and there are more of them on the market. Six times as many three bedrooms were recently listed for sale on the RMLS system in the early part of 2008. The homes tend to stay on the market longer, too. Two-bedroom homes spent an average of 54 days on the market, while three bedroom homes stayed on for 71 days.
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Michael Russell writes about a variety of subjects, including real estate, environmentalism and architecture. This article discusses real estate trends in Portland, Oregon. For more information on Portland Real estate, visit The Real Estate Book.
Portland Oregon, also known by other names such as “Rose Garden” and “Little Beirut” is a large city that occupies an important place in Multnomah County and has a population upwards of 500,000. The city’s location close to such notables like Seattle Washington and Vancouver makes it an attraction for students, businessmen and people looking to settle. This makes the area apartments a hot item with applications being submitted on a daily basis. To adhere to housing laws, Portland apartments conduct routine credit and rental history checks on potential tenants. This essentially means that if your credit score is low or you have a prior broken lease with a previous apartment, you may be denied an apartment in Portland Oregon.
The fact that there exists a standard practice of checking credit and rental history in Portland area apartments, it does not mean that there will not be apartments that will not work with problem applicants. While they may be few, they do exist nevertheless. Many applicants with bad credit or broken lease report a level of frustration when searching but if you fall into this category, here are a few areas with the city that you can look for second chance apartment:
- Northwest including Pearl District
- South West
- Northeast
- Southeast and more…
The reason it is difficult to locate second chance Portland apartments is because they do not get into the routine practice of advertising. One reason they do this is because they want to maintain their quality rating and also be able to keep their rates high. They also want to maintain a reputation of renting only to the most financially-stable tenants. This generally means that a casual search of apartments which approve applicants who are credit-challenged may yield disappointing results.
One method then that can be used to locate these types of apartments in Portland Oregon is learning to network. This means sharing with others who have been in similar situations. This is because they may have helpful ideas as to where one can locate an a leasing office manager who is understanding or lenient or apartments which are willing to overlook credit shortcomings. Another option is to utilize the power of the Internet to search and locate potential apartments and then call them ahead of time. You can also contact apartment locators and see whether they can offer any helpful insights as to which apartments would be willing to work with you.
It is also essential to bear in mind that even when you do find such an apartment, there will be basic requirements to meet. One is that you must have a job and have had it at least 6 months. Another is that your job must be paying you at least 3 times the amount of the rent and thirdly, you may have to go through a background check.
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Looking for information on Portland bad-credit apartments? Then check out this complete guide and list to Portland broken-lease apartments.
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