Mike Rohrig (@MikeCanDoIt) header
Mike Rohrig (@MikeCanDoIt) profile picture

Mike Rohrig

@MikeCanDoIt

Realtor since 2001, Certified SUCCESS Coach, Real Estate Mentor, Trainer, Roaring Agents Podcast Host How can I help you?

 Beaverton Oregon
MikeCanDoIt.com/links
Joined June 2008
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  • Followers6.8K
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Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)Photo by Mike Rohrig (@MikeCanDoIt)
My hot pocket looking at me in the microwave at 2:45 AM
Legion Hoops (@LegionHoops) profile pictureLegion Hoops
@LegionHoops30 Sep 2024
Kawhi Leonard at media day 💀 (via @Balldontlie)
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BREAKING: In a stunning announcement, Donald Trump’s campaign is begging for Mark Robinson to drop out of his race for Governor in North Carolina. Robinson is in a massive sex scandal. Retweet to make sure all Americans see Trump’s original endorsement.
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#NEW Fannie Mae just revised its forecast for the 30-year fixed mortgage rate 🏡👇 Q4 2024 -> 6.2% (previous: 6.4%) Q1 2025 -> 6.0% (p: 6.2%) Q2 2025 -> 5.9% (p: 6.1%) Q3 2025 -> 5.8% (p: 6.0%) Q4 2025 -> 5.7% (p: 5.9%
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Crazy!
Jan Hartigan (@janhartigan) profile pictureJan Hartigan
@janhartigan10 Sep 2024
#AirportFire from Santiago Peak in the last 3 hours
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Image from Beaverton Police (@BeavertonPolice)
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Add this to “The Great Stay” Job quits are at lows New hires are at lows too Migration is way down Home sales are at lows Rent renewals are at highs. We’re all waiting.
John Burns (@johnburnsjbrec) profile pictureJohn Burns
@johnburnsjbrec30 Aug 2024
Bad news for U-Haul. 57% of apartment tenants are renewing their leases, partly because entry-level home buying is so low.
Image from John Burns (@johnburnsjbrec)
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Advantage builders now
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Ali Wolf (@AliWolfEcon) profile picture
Ali Wolf@AliWolfEcon28 Aug 2024
It appears a deflationary-like mindset has taken control over some home shoppers. Builders report reasonable traffic levels, but many prospective buyers are saying, "I know rates are coming down, so I'll wait"
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Aaron Levie (@levie) profile picture
Aaron Levie
@levie22 Aug 2024
George HW Bush and Ronald Reagan on immigration. Today’s Republican Party would call them communists.
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I hear this anecdotally all of the time and am happy to hear from someone that actually tracks the numbers what the truth is.
Mike Simonsen 🐉 (@mikesimonsen) profile pictureMike Simonsen 🐉
@mikesimonsen16 Jul 2024
Replying to @paymakr
I've been doing this for 5 presidential cycles now. There has never been relation between election and home prices. And I keep looking.
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Interestingly, listings are swinging quite a bit. The peaks and troughs have typically beat last year. One anamoly is that 4th of July was in the middle of the week and I think that suppressed listings. Regardless, new listings will continue to fall for the rest of the year.
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Nashville Airbnbs for sale have quadrupled in the last 12 months. Someone help me understand what's going on? I have a buyer that wants to buy one and I don't know anything about Airbnbs.
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The new car everyone bought at a premium for $900 a month is losing value faster. Negative equity trade ins were up 44% in 2023
Danielle DiMartino Booth (@DiMartinoBooth) profile pictureDanielle DiMartino Booth
@DiMartinoBooth7 Jun 2024
What goes up... "The @Manheim_US Used Vehicle Value Index fell to 197.3, a decline of 12.1% from a year ago."
Image from Danielle DiMartino Booth (@DiMartinoBooth)
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The Wolves were so focused on not getting swept that they don't seem to have anything for Game 5
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“7% mortgage rates are the Goldilocks rate for homebuilders.” That homebuilder quote stood out from our Summit conference last week. Tells you just how odd and unprecedented this housing cycle has been. Not a single homebuilder would have said this two years ago, but here we are.
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This weekend is the peak for new listings. While there won't likely be the same amount of new listings, active listings will continue to grow through about July.
Image from Mike Rohrig (@MikeCanDoIt)
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A recent article said that sellers are facing a Summer from Hell because "bidding wars are coming to an end." This is why local information is always best. My chart shows what percentage of homes are gone by their first weekend. It's pretty in line with last year.
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For two years I've been tracking how many new listings (Thursday through Saturday) are pending by Monday night. Here are the results for Portland, OR.
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Every playoff game Embiid plays, I like him less. He's reckless and takes no ownership.
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6 years later in Portland it's Under $300k: 9 Under $500k: 98 Over $1M: 71
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