Is The Portland You Love Dying?



Many Portlanders caught wind of the study released by Governing Magazine last month: Portland is the fastest gentrifying city in America, with “58 percent of Portland’s lower-priced neighborhoods gentrified since 2000,” it reported.

While growth creates jobs and prosperity for some, others will undoubtedly get left behind. And Portland’s rapid expansion could make it the urban center it fought hard to separate itself from.

With a population of 601,510 people, around 9,400 persons moved to the city between 2013 and 2014, more than double the number in the previous year. In five years, Portland’s population would reach between 630,000 and 650,000, according to statistics provided by the Population Research Center at Portland State University (PSU).

A strengthening economy could be a reason. But young people keep moving here, with or without a job.

Aaron Benson, 24, is a motorbike mechanic from Austin, Texas. He moved to Portland last August. “I…

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FHA Property Flip Rules 2015

Florida Mortgage Experts

As of January 1, 2015, the exception to selling homes with FHA financing within 90 days of seller acquisition has expired. HUD defines a flip as the “purchase and subsequent resale of a property in a short period of time.”

The clock for a “flip” starts when the seller acquires legal ownership of the property. The resale date is defined as the date of execution by all parties intending to finance the property with an FHA-insured mortgage.

Homes being sold using FHA financing that are “flipped” between 91 and 180 days of original acquisition date (as defined by FHA) are eligible for FHA financing – provided:

  • The re-sale price to FHA mortgagors is less than 100% greater than previous sale
  • If re-sale price is 100% or greater than the previous sale, a second appraisal is required and must support the value. (The buyer cannot pay for the second appraisal.)
  • If the second appraisal indicates a value …

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House: The Way to a Girl’s Heart is Warm Towels!

Anna International

Our first big DIY project in the house (other than shelving and painting and hanging a few pictures) was installing a heated towel rail in the bathroom. Today it is lovely and sunny outside and nice and warm, but thinking back to when we did this in February (on Valentine’s Day actually – isn’t there some saying about  couples that DIY together staying together?! Or did I make that up?) it was really damn cold around here. Snow and minus temperatures. Not fun at all, and definitely not in the mornings running soaking wet from one end of the long, very cold bathroom to the other for a warm towel after a shower. So a solution was needed.

I saw a towel rail on eBay for super cheap, and Ste bought the pipes and fittings necessary, and we set about plumbing ourselves in some warmth. Well, when I say we, I…

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