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.



(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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