{"id":806,"date":"2009-11-20T10:14:12","date_gmt":"2009-11-20T17:14:12","guid":{"rendered":"http:\/\/rmlsweb.wordpress.com\/?p=806"},"modified":"2009-11-20T10:14:12","modified_gmt":"2009-11-20T17:14:12","slug":"distressed-property-update-for-portland-clark-county","status":"publish","type":"post","link":"https:\/\/rmlscentral.com\/v1\/2009\/11\/20\/distressed-property-update-for-portland-clark-county\/","title":{"rendered":"Distressed Property Update for Portland &#038; Clark County"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-right\"><a href=\"https:\/\/rmlscentral.com\/v1\/wp-json\/wp\/v2\/posts\/806?print=pdf\" class=\"pdfprnt-button pdfprnt-button-pdf\" target=\"_blank\"><img src=\"https:\/\/rmlscentral.com\/v1wp-content\/plugins\/pdf-print\/images\/pdf.png\" alt=\"image_pdf\" title=\"View PDF\" \/><\/a><a href=\"https:\/\/rmlscentral.com\/v1\/wp-json\/wp\/v2\/posts\/806?print=print\" class=\"pdfprnt-button pdfprnt-button-print\" target=\"_blank\"><img src=\"https:\/\/rmlscentral.com\/v1wp-content\/plugins\/pdf-print\/images\/print.png\" alt=\"image_print\" title=\"Print Content\" \/><\/a><\/div><h2><font color=\"black\"><font size=\"2\">21.9% of listings distressed in PDX, 31.7% in Clark County<\/font><\/h2>\n<p>The <a href=\"http:\/\/www.mbaa.org\/default.htm\">latest report<\/a> from the <a href=\"http:\/\/www.mbaa.org\/\">Mortgage Bankers Association<\/a> indicated that the rate of foreclosure for people with fixed rate loans and good credit is on the rise.<\/p>\n<p>The <a href=\"http:\/\/www.seattlepi.com\/business\/1310ap_us_foreclosures.html\">AP<\/a> reports that homeowners\u2019 inability to keep up with payments is now more due to unemployment, rather than the subprime loans that contributed to the initial increase in foreclosures.<\/p>\n<p>A quick search on RMLS<em>web<\/em> reveals that in the Portland Metro area, distressed properties currently make up 21.9% of active residential listings (this number takes into account listings that require third-party approval, as this typically indicates a short sale and those that are marked as bank-owned).<\/p>\n<p><a href=\"http:\/\/www.flickr.com\/photos\/rmls\/4118684318\/\"><img loading=\"lazy\" class=\"alignnone\" title=\"Portland Distressed Properties - Nov. 19, 2009\" src=\"http:\/\/farm3.static.flickr.com\/2627\/4118684318_947c38588c_o.jpg\" alt=\"\" width=\"269\" height=\"178\" \/><\/a><\/p>\n<p>In Clark County, 31.7% of residential listings are \u00a0distressed.<\/p>\n<p><a href=\"http:\/\/www.flickr.com\/photos\/rmls\/4117914573\/\"><img loading=\"lazy\" class=\"alignnone\" title=\"Clark County Distressed Properties - November 19, 2009\" src=\"http:\/\/farm3.static.flickr.com\/2728\/4117914573_2a3ba0dba9_o.jpg\" alt=\"\" width=\"266\" height=\"176\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>21.9% of listings distressed in PDX, 31.7% in Clark County The latest report from the Mortgage Bankers Association indicated that the rate of foreclosure for people with fixed rate loans and good credit is on the rise. The AP reports that homeowners\u2019 inability to keep up with payments is now more due to unemployment, rather [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[35,18,19,43,28],"tags":[69,70,473,104,464,210,480,270,308,472],"series":[],"episode_featured_image":false,"episode_player_image":"https:\/\/rmlscentral.com\/v1\/wp-content\/plugins\/seriously-simple-podcasting\/assets\/images\/no-album-art.png","download_link":false,"player_link":false,"audio_player":false,"episode_data":{"playerMode":"dark","subscribeUrls":{"apple_podcasts":{"key":"apple_podcasts","url":"","label":"Apple Podcasts","icon":"apple-podcasts.png"},"google_play":{"key":"google_play","url":"https:\/\/play.google.com\/music\/m\/Iinki5xppiud4zt7r4evlggzzcy?t=Real_Talk_with_RMLS","label":"Google Play","icon":"google-play.png"},"google_podcasts":{"key":"google_podcasts","url":"","label":"Google Podcasts","icon":"google-podcasts.png"}},"rssFeedUrl":"https:\/\/rmlscentral.com\/v1\/feed\/podcast","embedCode":"<blockquote class=\"wp-embedded-content\"><a href=\"https:\/\/rmlscentral.com\/v1\/2009\/11\/20\/distressed-property-update-for-portland-clark-county\/\">Distressed Property Update for Portland &#038; Clark County<\/a><\/blockquote>\n<script type='text\/javascript'>\n<!--\/\/--><![CDATA[\/\/><!--\n\t\t\/*! 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