SW 5th & Taylor, 1917


Vintage Portland

It’s been many years since a parking garage was built with ornate columns, and we’re unlikely to see it ever happen again. This garage was built on the southeast corner of SW 5th & Taylor in 1917, replacing the Frazier-McLean Livery Stable, bottom image. The Multnomah County Courthouse can be seen in the right distance of both illustrations. The Standard Insurance Center is now on that block.

garage-12-16-1917

frazier-mclean-livery-2-18-1917

(The Oregonian. Retrieved from http://infoweb.newsbank.com)

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Buying a House: Is Now the Time?


Salem Oregon Homes For Heroes

I’ve been saying it for the last 3 months, NOW is the time to buy. 

This is a great article by the KCM crew. 

The real estate community is often criticized for always seeming to have a Pollyanna attitude about the housing market. Many believe that the industry’s current call ‘to buy now’ is nothing more than a scare tactic with the sole purpose of creating more commissions for the industry. Let’s take a look at whether or not that advice was good advice over the last year.

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. According to the most recent Case-Shiller Home Pricing Index, home values have risen over 10% in the last year. If we look at Freddie Mac’sWeekly Primary Mortgage Market Survey®, the 30 year mortgage rate has increased from 3.67% to…

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