Category Archives: Contractor

Oregon Real Estate Agents Who Flip Houses May Need a Contractor License

Sometimes an Oregon real estate licensee will be operating as a contractor and not even know it! By Jeff Sorg, OnlineEd Blog (July 21, 2017) (PORTLAND-OR) Sometimes an Oregon real estate licensee will be operating as a contractor and not even know it! ORS 701 defines a contractor as ” . . . a person who, for […]

Environmental Series: Molds and Fungi

Adverse health effects from fungi usually depend on the dose and duration of exposure to the mold source By Jeff Sorg, OnlineEd Blog (June 21, 2017) Fungi are medically known to cause allergies, hypersensitivity pneumonitis (HP), humidifier fever, infections, mushroom poisoning, mycotoxicoses, and mucous membrane irritation. Some of the Penicillium, Aspergillus, Stachybotrys, Paecilomyces, and Fusarium […]

Redfin: May Housing Market Sets Records for Speed and Competition

More than a quarter of homes sold for more than their asking price By Jeff Sorg, OnlineEd Blog (June 15, 2017) SEATTLE–(BUSINESS WIRE)– U.S. home prices rose 6.8 percent to a median sale price of $288,000 in May, according to Redfin (www.redfin.com), the next-generation real estate brokerage. Home sales increased 7.5 percent over last year, […]

Changes to Contractor License Bond Claims Process in Oregon

As of January 1, the process of filing a claim against a residential contractor license bond now also includes a mediation process By Vic Lance, Lance Surety Bond Associates (April 8, 2017) As of January 1, 2017, new rules regarding the contractor license bond claim process in Oregon have been put in place. These rules […]

How to get Oregon CCB Contractors License Pre-License Education

It only takes 16 clock-hours of  CCB approved education to be eligible for your Oregon contractor license By Jeff Sorg, OnlineEd Blog (April 19, 2017) – The required training for an Oregon contractor license is not too complicated! License applicants must be at least 18 years old and complete a minimum of 16 hours of […]

Pending Home Sales Weaken

Pending home sales fell 2.8% in January in the National Association of Realtors® Pending Home Sales Index OnlineEd Blog WASHINGTON D.C. (February 27, 2017) — Insufficient supply levels led to a lull in contract activity in the Midwest and West, which dragged down pending home sales in January to their lowest level in a year, […]

Prospect Mortgage to Pay $3.5 Million Fine for Illegal Kickback Scheme

The CFPB’s investigation found that ReMax Gold Coast and Keller Williams Mid-Willamette accepted illegal payment for referrals By Jeff Sorg, OnlineEd Blog (February 1, 2017) –  The Consumer Financial Protection Bureau (CFPB) on Tuesday took action against Prospect Mortgage, LLC, a major mortgage lender, for paying illegal kickbacks for mortgage business referrals. The CFPB also took […]

Home Values Appreciated at Their Fastest Annual Pace Since August 2006

Portland home values rose 14 percent to a median value of $351,800 By Jeff Sorg, OnlineEd Blog (December 23, 2016) –  In November, national home values rose at their fastest annual pace since 2006, near the peak of the housing bubble. The Zillow® Home Value Index (ZHVI) is $192,500, 2 percent shy of the records set in […]

Appraisals Continue to Fall Below Homeowner Value Perceptions

The trend of owners overestimating their home’s value when refinancing continued in August By Jeff Sorg, OnlineEd Blog (September 20, 2016) –  According to a recent report by Quicken Loans, appraisals across the country were an average of 1.56 percent lower than what refinancing homeowners expected in August, based on the company’s national Home Price Perception […]

Homeowners Confident About Current Market but Renters Worry

A majority of homeowners believe now is a good time to sell By Jeff Sorg, OnlineEd Blog (September 2, 2016) – According to the latest Zillow® Housing Confidence Index, homeowners are feeling more confident that now is a good time to sell, but renters are feeling uncertain they’ll be able to afford to buy. Just 38 […]