Betty Jung All About…Portland, Oregon Real Estate

Many properties throughout our rural areas have wells for their primary source of drinking water. Effective January 1, 2010, sellers are required to test for arsenic in certain wells upon accepting an offer.

This year, the Oregon State Legislature passed Senate Bill 739, which requires testing for arsenic be added to the required tests for coliform bacteria and nitrate in well water. The tests are required for any property transaction that includes a well providing ground water for human consumption.
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It seems like so long ago, but it was just a year ago that the financial markets were melting-down and our whole economy was seizing-up. People and institutions world-wide stopped everything to try to understand what was happening. Every one of our massive investment banks went bankrupt, were forcibly sold-off, or morphed into something completely different under the intense heat of the moment. Following September, 2008’s explosive news, October, November, and December, were dark months for everyone.

We have seen much recovery since then, and October 2009’s Market Action Report continues to document incremental improvements every month in the Portland metropolitan housing sector. More… »