Sponsored by Lane Powell

Foreclosures drop

| Print |  Email
Must Reads
Thursday, December 22, 2011

Statewide foreclosures dropped 32% since October.

Foreclosure filings had dropped sharply in November 2010 when many lenders put foreclosures on hold while they scrambled to revamp their internal procedures because of trouble in the foreclosure processing system.
“The data clearly demonstrates that Oregon foreclosure activity peaked in 2010, and we are now in a steady decline,” said John Helmick, CEO of Eugene-based Gorilla Capital, which specializes in the purchase and resale of foreclosed properties.
“The real estate market is healing itself, and absent government intervention, we expect to see the real estate market continue to heal itself throughout 2012,” Helmick said. “We expect 2012 foreclosure activity will be less than half of 2010.”

Read more at The Register-Guard.

{biztweet}foreclosure oregon{/biztweet}

 

 

Comments   

 
Todd
0 #1 Date Correct????Todd 2011-12-22 12:51:14
Is the reference to 2010 in this article meant to be 2011???
Quote | Report to administrator
 

More Articles

On the Road

April 2015
Friday, March 27, 2015
BY LINDA BAKER

My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor or anything, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.


Read more...

Car Talk

April 2015
Thursday, March 26, 2015
BY LINDA BAKER

Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.


Read more...

Foundations perspective

May 2015
Monday, April 27, 2015
BY KIM MOORE

A conversation with Martha Richards, executive director of the James F. & Marion L. Miller Foundation.


Read more...

Can small be large?

Linda Baker
Wednesday, April 01, 2015
040115-lindablogthumbBY LINDA BAKER

Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.


Read more...

Energy Stream

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers. 


Read more...

Downtime with the executive director of Greater Portland Inc.

April 2015
Thursday, March 26, 2015

Janet LaBar, Executive director, Greater Portland Inc.


Read more...

Fighting Fire With Fire

May 2015
Friday, April 24, 2015
BY BEN DEJARNETTE | INVESTIGATEWEST

Timber companies and environmental groups take a stab at collaboration to boost logging and restoration in Oregon fires.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS