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1 - 9 of 9 Comments Last updated Nov 9, 2012
Bill Carter

Portland, OR

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#1
Feb 15, 2008
 

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Did anyone else see the deals that Renaissance Homes is offering? Looks like they are accepting almost any offer made on one of their homes. I wish I would have waited to buy my house. I love their homes. http://www.renaissance-homes.com/event.html
Oregon Is Disgusting

United States

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#2
Feb 15, 2008
 
Bill Carter wrote:
Did anyone else see the deals that Renaissance Homes is offering? Looks like they are accepting almost any offer made on one of their homes. I wish I would have waited to buy my house. I love their homes. http://www.renaissance-homes.com/event.html
Are you spamming for Renaissance Homes? That is low but typically Oregonian.

Considering the state of the mortgage industry and the housing industry in general, the prices they are charging are likely to be way over what they are worth. Check out the enormous drops in California and people want to live in California. Few people actually want to live in Oregon but flee to Oregon because of the lower costs.

The housing industry just experienced its largest quarterly value drop ever recorded and the mortgage mess is not over...by a long shot. It is best to wait until everyone stops talking about housing. That is the time to buy.

It is way too early, the prices are way too high. Let the developers build their spec homes and then wait it out.

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"Home prices continued their plunge during the last three months of 2007, setting a real estate trade group's record for the biggest-ever quarterly drop.

The national median price drop of 5.8%, to $206,200 from $219,300, was the steepest ever recorded by the National Association of Realtors (NAR), which has been compiling the report since 1979."

http://money.cnn.com/2008/02/14/real_estate/h...
Oregon Is Disgusting

United States

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#3
Feb 15, 2008
 
"A Merrill Lynch report in January forecast peak-to-trough price declines of 15% in 2008 and another 10% in 2009 before markets begin to recover."

This has happened before and will happen again. It takes years to work through this kind of massive bubble and the last bubble didn't include the kind of ridiculous lending practices that this one is still trying to figure out.

The US economy was in better condition during the last housing bubble and households were nowhere near as strapped. The national debt is much larger, the war is endless and boomers are starting to retire and will need smaller homes.
Pam Rouche

AOL

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#4
Mar 19, 2008
 
You cannot compare the real estate markets in California to those in Oregon. Any good article written on the housing market states that there are still good pockets and there are still areas that are appreciating, granted not at the unrealistic rates of 2005, but they are still strong markets. Oregon is in the top 3 markets in the country for a reason and is experiencing a completely different market than those of California, Vegas and Florida. In fact we are one of the few markets who are still experiencing an appreciating market. People actually WANT to live in Oregon, which is why we continue to grow at such a rapid rate. Now is definitely the time to purchase a new home. I just purchased a Renaissance Home myself, which is why I clicked on this article and I could not be happier!
Mark Sherman

Portland, OR

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#5
Mar 7, 2009
 

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Pam Rouche wrote:
You cannot compare the real estate markets in California to those in Oregon. Any good article written on the housing market states that there are still good pockets and there are still areas that are appreciating, granted not at the unrealistic rates of 2005, but they are still strong markets. Oregon is in the top 3 markets in the country for a reason and is experiencing a completely different market than those of California, Vegas and Florida. In fact we are one of the few markets who are still experiencing an appreciating market. People actually WANT to live in Oregon, which is why we continue to grow at such a rapid rate. Now is definitely the time to purchase a new home. I just purchased a Renaissance Home myself, which is why I clicked on this article and I could not be happier!
Hi Pam,

I just recently bought a Renaissance Home and I could not agree with you more. I am very happy with my purchase as well.
Rocknrj

United States

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#6
Nov 1, 2010
 
Bill Carter wrote:
Did anyone else see the deals that Renaissance Homes is offering? Looks like they are accepting almost any offer made on one of their homes. I wish I would have waited to buy my house. I love their homes. http://www.renaissance-homes.com/event.html
Is Randy paying you for this puke you wrote? He got where he is by under paying the craftsmen who actually did the work, then getting rid of them when they asked to be paid for what the work was actually worth! Doesn't bother me to see him and others suffering for a change.
Elle

Portland, OR

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#7
Jul 19, 2012
 
Renaissance homes are out of scale and ugly with no yards. If you wan to buy a home that your neighbors will hate you for then this is for you. If you are a decent human being then you will look elsewhere.
Alice

Portland, OR

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#8
Nov 8, 2012
 
In what area of Portland are they being built?
Franlin

Salem, OR

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#9
Nov 9, 2012
 
Oregon Is Disgusting wrote:
<quoted text>
Are you spamming for Renaissance Homes? That is low but typically Oregonian.
No, that is typically capitalist.

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