Bank Bust The fallout from the national housing market implosion was the financial story of the year. Billions of dollars in bailout money for big banks and foreclosure notes for families with leaking adjustable rate mortgages. And the story dominated headlines, certainly for the first half of the year. Closer to home, local banks, many of whom were heavily leveraged in Bend’s volatile housing …
Top 10 Local Stories: Looking back at the year we went for broke (The Source Weekly)
Top 5: PDX home prices dip below $240,000 for first time in 4 years (The Oregonian)
FRONT PORCH BLOG: Also in Tuesday’s Top 5 real estate stories: Portland outgains Seattle 4 to 1 in new U.S. migrants / After halting construction for a year, Key Bank lets work begin again on Beaverton project / Home builders’ confidence drops in December / Suits and liens
Top 5: OHSU backs off plan to build South Waterfront parking garage (The Oregonian)
FRONT PORCH BLOG: Also in Friday’s Top 5 real estate stories: Seattle-home sales jump in November / The small house movement: Do you really need 5,000 SF? / 40% of option ARM borrowers 60 days late or more / Realtors be careful after Aloha robbery
Top 5: Portland posts fourth-biggest Septebmer decline in Case-Shiller index (The Oregonian)
FRONT PORCH BLOG: Also in Tuesday’s Top 5 real estate stories: Beardsley’s company files bankruptcy to save Jazz de Opus building from foreclosure / 15% of Portland-area home owners underwater in September / Negative equity bigger predictor of loan default than unemployment / From bad to worse for hoteliers











