Living Beaverton - Your guide to everything Beaverton


Beaverton Oregon First Time Buyer Specialist Todd Clark says “DON’T WAIT”

Buying your first home in Beaverton, Oregon, is a tough decision. I get asked, all the time, by first time home buyers, “Should we buy now or wait?” I say, “DON’T WAIT!” The reason I say this to these people is because right now you have interest rates that are at an all time low. You have many homes that are priced 25% less than they were just a year ago, and last but not least, the government wants to pay you $8,000 to buy your first home.

Let’s breakdown these three reasons:

1. Right now we have interest rates hovering around 5.5%. If you look at homes from 1970-1990 you had an average interest rate of around 10%. At some points, in the late seventies and early eighties, those interest rates hit the 20% mark!

With all the talk of inflation happening in the news that interest rate could rise at anytime and may, one day, go back into the teens and we may never get back to the rates that we are seeing today. Combine this with down payment requirements, on most loans, that are as low as 3.5%, and you can find quite the deal. There are also still 100% loans out there if you, or the home, qualify for them.

2. A year ago homes were, on average, 25% more expensive than they are today. That is like me selling you a one hundred dollar bill for $75! You wouldn’t hesitate on buying that, would you?

3. Now, the government is offering you an $8,000 tax credit for buying that first home. You just can’t go wrong with the government telling you to stop paying rent and actually paying you to do it!

So, if you are in the market for your first home, call me. I would love to sit down with you and go over the process of buying a home, from Earnest Money to Inspection to Closing.

Todd Clark - Broker / Sales Coach
Palazzo Realty Group
Phone: (503)524-9494
Fax: (503)622-8739

©2009 Todd Clark - Beaverton Oregon First Time Buyer Specialist Todd Clark says “DON’T WAIT”

Todd Clark (Broker/Owner)
The Friendly Home Team
Realty Pro, Oregon LLC
Phone: (503)524-9494
Fax: (503)746-9573





 Follow Todd Clark on FacebookVisit my websiteFollow me on Twitter

 I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard. All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.


What if there was a way you could search the  MLS for FREE just like Realtors

Now you can access the MLS using similar tools as Realtors. You are in control of what you want to search for, and you can search the MLS at your leisure. The information you submit in the form below can also be used to put you on an automated system where you'll be emailed all homes that meet your search criteria. You'll get internet access to a website that includes pictures, prices, and addresses to real estate that's listed in the MLS! Registered & Protected

Comment balloon 14 commentsRespect Realty LLC • April 09 2009 12:22PM
Beaverton Oregon First Time Buyer Specialist Todd Clark says “DON’T…
Buying your first home in Beaverton, Oregon, is a tough decision. I get asked, all the time, by first time home buyers, “Should we buy now or wait? ” I say, “DON’T WAIT! ” The reason I say this to these people is… more
It is finally warm and sunny in Oregon, but how come for me it is…
Yes, spring is here in Oregon. I’ve been waiting for it for awhile now, baseball season starts tomorrow night with our first practice For the past two days it has hit 70 degrees for the first time since October… more
Beaverton Oregon Parks: Wildhorse Park in the Greenway Neighborhood
Wildhorse Park is what the City of Beaverton calls a mini park. A mini park is a park that is nothing more than a small greenspace where they have put park benches, playground equipment, or something to improve… more
No, I don’t present my offers directly to the seller!
OK, this started out as a response to a post called, “ Who Do You Present Your Buyer’s Offer to? ” by Mike Saunders that was apparently inspired by one of my posts. But, while commenting to Mike’s post, I … more
Ethically I thought cloning was wrong, but I’m ready to change my…
I have many years left in real estate, and if I stay in real estate for 30 + years like many of you have then I’m ready to clone one my new buyers that I called me last Thursday. I will admit that this is completely… more
The economy shouldn’t hurt kids, but it does
I love kids and would do anything for them and today was no exception. Over the past two years many of you have read about me coaching not one, but two teams. One softball and one baseball, to make sure these kids… more
Beaverton First Time Home Buyers can realize a $8, 000 tax credit if…
One of the things I tell first time home buyers looking to buy a home in the Beaverton, Oregon area in 2009, is that if you are still sitting on the fence about buying, then get off that fence because now is… more
I don't feel like typing Saturdays: The Hat
This is my littlest daughter and when she found her older sisters had a couple years ago she decided it was her hat no matter how big it was on her. She wore that hat 24/7, she even wore it to be. Now when she was fishing… more
Why and how I think the $8, 000 tax credit could be better spent
I applaud the government for trying to at least do something to stimulate the economy by getting the housing market going I think the government is trying to get things moving by doing the only thing they … more
Tigard Oregon Real Estate Sales by Neighborhood (04/03/2009)
This chart below breaks down Tigard Oregon Real Estate sales by neighborhood, for the week ending 04/03/2008. Sales have been off since last year with the pending sales in Tigard, Oregon were down 25. 4%… more