Interesting list today. Remember I post the REO properties almost daily on my Twitter account. Anyhow, we have a home in Persimmon here (very nice neighborhood in Gresham), a few homes (although overpriced) in Happy Valley, and of course our HUGE variety of broken down homes under $200k. There are certainly plenty of first time home buyers to pick those up out there right now! However the inner Portland Bungalow that everyone REALLY wants is in limited supply.
Incase you are curious, we are seeing multiple offers on homes in that $200k and under price range on a regular basis; if you are that first time home buyer don’t wait until the last minute to purchase and get that credit! -Kristie McD.
CLICK HERE FOR TODAY’S FORECLOSURE LIST
Tags: Bank Owned, First Time Home Buyers, foreclosure, Gresham, happy valley, REO