Whitney Minnich Real Estate and Community Updates

Daily Mortgage Rate Update Rates for 12/11/2018 as of 11:00 AM. Rates are lower compared to 12/10 Assumptions: 30 day lock, on a purchase loan for a primary home, loan amount of $300,000 (75% loan-to-value) with taxes and insurance and with credit scores of 740+. APR is not the interest rate but reflects the rate with charges that are paid to get a loan.  Rates are subject to change without notice.  JUMBO pricing is based on 20% down, 6 months reserves, and a 550K loan amount. All other assumptions are the same. Market - 10 year treasury yield is UP today and at about  2.87%+    https://www.cnbc.com/quotes/?symbol=US10Y For more information and the latest market update  contact Evan Karr with Priority Home Lending .

Housing prices drop in Portland, national sales down Some think the housing market may be cooling off for good By:   Jennifer Dowling   Posted:  Nov 29, 2018 03:53 PM PST Updated:  Nov 29, 2018 05:34 PM PST Across the United States, the number of newly built homes has gone through the roof - but many are sitting on the market without buyers.  National sales are down nearly nine percent from a month ago while the number of new, unsold homes climbed to its highest level in nine years.  It begs the question: Is the housing market cooling off for good? And what does this mean for the Portland area?  According to the US Census Bureau and the US Department of Housing and Urban Development, national home sales overall were down 12 percent in October from the same time last year.  But around the Pacific Northwest, some numbers reflected an even steeper decline.  Tim Manickam, a broker at JMA Properties, said sales in so...

The 2019 Color of the Year Is... December 10, 2018 Expect to see more coral hues in home design next year. Pantone, the corporation known for its paint forecasts, unveiled “Living Coral” as its 2019 Color of the Year. The color, an orange shade with golden undertones, embodies “warmth and comfort,” Pantone says. Living Coral can make a bold statement as an accent color, and forecasters expect to see it in more shag rugs, cozy blankets, and upholstery to “create a warm, comforting, and nurturing feeling in the home.” “With its ebullient nature, Pantone’s Living Coral adds a dramatic pop of color to any room setting, whether in decorative accessories, tabletops, or on the wall,” Pantone said in a statement. Living Coral succeeds Pantone’s 2018 Color of the Year, Ultra Violet. Other paint companies have been offering their picks for the 2019 Color of the Year. Behr chose a rich, bluish hue called “ Blueprint ,” while Sherwin-Williams chose “ Cavern Clay ,” a warm ...

The November 2018 Housing Market Recap market update for West Portland is now available. Get the breakdown by clicking on the image below. There are many factors that go into determining the fair market value for a home. The fair market value is the price that a ready, willing, and able buyer is willing to pay and a seller is willing to accept, based on historical data. Contact me for a complementary and detailed market analysis specific your house, 503.953.6240 or whitney@whitneyminnich.com.

The November 2018 Housing Market Recap market update for East Portland is now available. Get the breakdown by clicking on the image below. There are many factors that go into determining the fair market value for a home. The fair market value is the price that a ready, willing, and able buyer is willing to pay and a seller is willing to accept, based on historical data. Contact me for a complementary and detailed market analysis specific your house, 503.953.6240 or whitney@whitneyminnich.com.

6 Reasons Why Selling a House in the Winter May Be the Best Decision Ever By  Terri Williams  |  Oct 8, 2018 Spring is generally the most popular time of year to sell a house, with hordes of buyers looking to move into a new place before the school year begins. But if you decide to  sell your home  during the winter, experts say you could reap a reward in cold, hard cash. “I have personally had my best months in real estate during the holiday season, so the idea that the markets are very tough to sell in the winter might be a myth,” says  Emil Hartoonian , managing partner of The Agency in Beverly Hills, CA. He's not the only one who believes selling in the winter can make you a real estate winner. Read on for the top reasons why you should consider unloading when the temperatures drop. 1. Low inventory = less competition Since spring is the most popular home-selling season, the housing market is ultracrowded with options at that ...

Why Seasonal Hiring for Jobs in Oregon City Has Slowed and Why It May Be A Good Sign Economically With the holiday shopping season fully underway, Americans hit the sales and grabbed gifts as usual, but something may have been different this year, according to new survey results and on-the-ground reports from Express Employment Professionals franchise owners-some employers weren’t hiring as many seasonal workers for  jobs in Oregon City  and other cities. "We have seen more seasonal hiring in the past four to five years," said John Calabrese, an Express franchise owner in Utica, New York. "This is the first down year that we have experienced with seasonal positions." Likewise, Daniel Morgan, an Express franchise owner in Birmingham, Alabama, reported, "Our hours usually go up in December with some seasonal business. We have not heard of any seasonal additions this year." Bernie Inbody, an Express franchise owner in Omaha, Nebraska, said his of...