On this day in 1789 a crowd of 10,000 gathered outside the Federal Hall in New York City to witness George Washington being sworn is as the first president of the United States. Washington’s salary as President was $25,000/ year which translates to $722,165 in 2019 dollars. In comparison, President Trump’s annual salary is $400,000. […]
Think owning Portland real estate is a great investment? Try purchasing a professional sports franchise. The late Paul Allen purchased the Portland Trail Blazers in 1988 for $70 million. According to recent reports the Trail Blazers franchise is currently worth $1.6 billion. Ignoring annual cash-flow the team has appreciated at a 10.6% annualized rate over […]
Think your life is busy? Each year the IRS receives over 290 million tax returns which the IRS receives. According to the IRS only .50% of all filed tax returns are audited. The IRS also reports that over 9,000 tax returns are filed where the taxpayer makes more than $200,000/ year but pays $0 income […]
In 1930 two men spent $70,000 to buy 365 acres from Fruitland Nurseries Inc. with the vision of building a new golf course. They hired an architect from Scotland by the name of Alistair MacKenize and by 1933 the course was ready for play. Fast forward to today and Augusta National Golf Club is one […]
Mortgage rates are at their best in over a year. Does that mean you should refinance? There are a few different factors that you need to consider before making the decision to refinance. Watch this week’s video to learn more. Questions or comments? Please reach out at www.swansonhomeloans.com OR 503.488.1808. I’d be happy to […]
Happy National Peanut Butter & Jelly Day. I wish I had more time to celebrate but my schedule is JAM packed! Mortgage Rates Home loan rates continue to hover at 13 month lows. Although economic data out on Monday was relatively strong there are still concerns over Brexit and future growth which is helping US […]
Tired of paying rent and wondering if homeownership is right for you? There is no doubt that owning your home can significantly improve your financial standing in the long-term. In fact, a recent survey showed that homeownership was a greater predictor of net worth than age or education (see HERE). In this video I talk […]
Have you found the home you love and now you’re ready to make an offer? There are six details you should be prepared to communicate to your Realtor to insure the transaction goes smoothly. Watch this short video to learn what they are: If you are wanting to work with a lender that is dedicated […]
If fruit grows on a fruit tree then what does chicken grow on?….A poultry. Today is National Poultry Day which means that turkey sandwich you consume for lunch is actually your way of celebrating. Mortgage Rates Mortgage rates continue to improve reaching the best levels in over a year. Whether or not they continue to […]
Over 60% of homebuyers in the United States are repeat buyers. This means they often have a home to sell concurrently with buying a home. In today’s competitive housing market it can be a challenge to get an offer accepted when it includes a home sale contingency. Therefore, it’s always worth trying to see if […]