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I’m excited about this! I love to do newsletters; gathering interesting tid-bits, finding great resources to share, and providing information helpful to folks. These are the goals I have for this monthly newsletter. I would like to hear from you on how I’m doing in reaching these goals; do you especially like this part, should I add a little of this, or that can absolutely go. Let me know how I can make this useful to you. I know it will continue to evolve as time goes on.
Tonia :)
Read on…
Interest rates
As of 2/2/08 from www.bankrate.com 30 year fixed 5.49%, 15 year fixed 4.97%, 5/1 ARM 4.96%, 30 year fixed jumbo 6.58% Check bankrate.com for the latest in rates and articles about mortgages/home equity loans, auto loans, CD’s, credit cards, and money market accounts. It keeps up to date on Federal Reserve moves, analyzes what is happening, and provides neat links such as a FICO score estimator or helping one calculate if it’s a good time to refinance.
Speaking of FICO or Fair Isaac Corp., did you know that they are making some changes in the way they calculate your score? FICO 08 is being rolled out and new scores should start being seen this spring. The company says this new system is better at determining which consumers are more likely to default and claims to be more forgiving of occasional late payments but harder on folks where being late is more of a habit. More Information.
How’s the Clatsop County Market Doing?

Questions or comments? E-mail us at RETonia@charter.net or call 503-791-9125.
2 On Feb 3, 09:46 pm, nw limited wrote:
Interesting.
3 On Feb 3, 09:46 pm, nw limited wrote:
Interesting.
4 On Mar 4, 09:10 pm, Tonia Mock wrote:
Hey Tryan!
It was great to see you the other night, I hope you had a good rest of the weekend.
No,thank you for helping me get the numbers out there, they are a great way to see how things are going. DOM is days on the market. I’ll see if I can add that additional stat, the chart works just right now so I’ll play around with it.
Yeah, SS condos are hurting, prices are getting lowered for those the most. I haven’t seen them turning back into rentals yet but you never know.
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1 On Feb 3, 02:04 pm, THartill wrote:
Thanks Tonia…I’ve always been curious about these numbers, but never seem to be able to find them.
I’m assuming DOM means average days a house is on the market?
I think another stat to include would be the total sold in 2007 for each area…..
Looks like Seaside is struggling a bit…Even with all those “condos” up for sale. I’m glad those owners are getting hosed when they kicked out all the renters and spent millions upgrading them to “condos” and now they sit collecting dust.
Eventually they are just going to have to lower them back to the same price the renters paid and the same people will come back and rent…but now they will live in a “condo”.