Trail Real Estate News
Real Estate news for Trail, OR continually updated from thousands of sources.
Oct 18, 2014 | via The Courier Mailer
County assessors across Oregon started dropping property tax bills in the mail this week, and some homeowners may be in for a case of sticker shock. Oregonians voted in the mid-1990s to decouple property taxes from property values, opting instead for slow, regular increases of 3 percent a year. Comment?
Jul 29, 2014 | via Medford Mail Tribune
Residential properties in Ashland were red hot before the Great Recession sent home prices crashing. Comment?
Jul 14, 2014 | via Medford Mail Tribune
Gary Poulos planned to spend this summer packing his bags, selling his house and moving on from his west Medford home on Shadow Wood Drive. Comment?
Jul 10, 2014 | via The Ashland Daily Tidings
The median sales price for existing homes in Jackson County rose 8.1 percent during the first half of 2014, compared with the same period in 2013. Comment?
Jul 3, 2014 | via The Ashland Daily Tidings
Thirty hopeful onlookers waited for a high bidder at the July 1 no-reserve auction of a property once listed at $10 million. Comment?
Wednesday | via Business Journal
HomeStreet Bank's $500 million in closed loans in 2014 included more than $70 million for Oregon construction and refinancing projects. Seattle's HomeStreet Bank had a banner 2014 in commercial real estate, closing a half-billion-dollars worth of CRE loans in the Pacific Northwest, California and Hawaii. Comment?
Wednesday | via OregonLive.com
Oregonian columnist Steve Duin last summer described a lopsided real estate transaction involving Elmo and Melitta Marquette of southwest Portland. Rep. Julie Parrish, R-West Linn, is sponsoring a bill that would inject a pause in such transactions. Comment?
Thursday Jan 22 | via The Oregonian
In Great Ajax Corp.'s just-issued prospectus, you'll learn how the little-known Beaverton company hopes to raise $100 million this quarter in its initial public stock offering, how it will use that money to buy distressed mortgage loans, and how it developed whiz-bang technology to spot hot deals. Great Ajax's prospectus makes no mention, however, of CEO Larry Mendelsohn's 2003 guilty plea to a felony tax charge. Comment?
Tuesday Jan 20 | via BlueOregon
In just 20 months, Portlanders will vote for mayor once again. While Mayor Charlie Hales is expected to run again, he told the Oregonian last week that he's "not ready" to announce his plans. Comment?
Tuesday Jan 20 | via Portland Tribune
He believes Oregon should invest an additional $100 million in affordable housing for an estimated 5,000 families trying to survive poverty - and we agree. But there's more we must and can do. Comment?
9 min ago | via Reuters
Romania's central bank rejected calls on Friday for a broad solution to cushioning Swiss franc borrowers, saying proposals such as intervening to strengthen the leu currency would hurt economic growth. The remarks by Governor Mugur Isarescu appeared designed to caution lawmakers against hurtling into unrealistic measures or putting pressure on the central bank to act, after the franc's sharp appreciation in January threatened hundreds of thousands of borrowers across Central and Eastern Europe. Comment?
9 min ago | via Business Wire
Investment Objective: The Fund seeks to provide a hi... )--Western Asset Emerging Markets Income Fund Inc. announces its portfolio composition as of December 31, 2014. Investment Objective: The Fund seeks high current... )--Western Asset Variable Rate Strategic Fund Inc. announces its portfolio composition as of December 31, 2014. Comment?
10 min ago | via The Real Deal
Federal authorities have launched an investigation into New York Senate Majority Leader Dean Skelos' links to the real estate industry. Skelos is U.S. Attorney Preet Bharara's latest target, after Assembly Speaker Sheldon Silver was arrested last week for an alleged $4 million bribery scheme tied to a real estate law firm , according to NBC 4 New York. Comment?
11 min ago | via Western Wheel
Despite plummeting oil prices, Alberta's real estate market is expected to remain strong, with only a slight decrease in sales expected from last year's record numbers. The Calgary Real Estate Board released it's projections for 2015 and said in the face of Alberta's questionable economy, it's still predicting 24,503 homes to be sold in CalgaryClarify that this included Calgary, Okotoks and other areas communities. Comment?
17 min ago | via Seeking Alpha
Capstead Mortgage Corp. is a self-managed mortgage REIT with a levered portfolio of Agency residential adjustable-rate mortgage securities . This allows it to recover financing spreads diminished in a rising interest rate environment; and it can expand financing spreads in falling interest rate environments such as we had in Q4 2014. Comment?
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