PRESS & MEDIA
From time to time Javier is honored to be asked his professional opinion on the local real estate market
Spring home-selling season starts slow in Portland area; prices match record high
"That's been especially hard on first-time buyers, who had already had to contend with rapidly rising prices. It's forced buyers to look to far-out suburban and exurban communities, said real estate broker Javier Alomia of Re/Max Equity Group, who said he's doing a lot more driving to serve those first-time buyers."
Peter Jenkins (right) views a house for sale in North Portland with real estate broker Javier Alomía of Re/Max Equity Group in Portland.
Year-end lull a rare sign of normalcy in housing market, but will it last?
"Peter Jenkins views a house for sale in North Portland with real estate broker Javier Alomía of Re/Max Equity Group. Jenkins is looking for a home he can remodel to include an accessory dwelling unit, which he could rent out to supplement his income." Story by Elliot Njus
Story by Janaki Chadha
When Cristofer Hernandez (red sweater) looked for a new home for himself, his wife Mandy Ancira Hernandez (not pictured) and son Amorius Ancira (blue shirt)
Spurred by rising rents, Latinos buy thousands of homes in Portland, suburbs
"Javier Alomia, a bilingual Portland real estate agent, says most of his Latino clients have been drawn to homeownership by one especially prominent factor: rapidly rising rents. "Many clients realize their rent is being raised by 20 or 30 percent and that it might be cheaper to own," he said.
Dania Maxwell/The Oregonian
Real estate agent Javier Alomia (from left) attends a home inspection with client Dager Parra, who brought his son, Dager Parra Jr., and uncle, Miguel Porras, along. Parra plans to move into the Portland home with his three sons and uncle, illustrating one reason Latinos are seeing homeownership rates increase: Experts say they're more likely to pool their resources to buy.
In Oregon, Latino homeownership surges as black homeownership plummets
"Javier Alomia joined Portland's fledgling Latino Home Initiative, aimed at moving Latinos from renters to buyers through education and down-payment assistance, in 2005 shortly after becoming a real estate agent. "I saw that there was a need in the Hispanic community for homeownership to be done the right way," said Alomia, who emigrated from Ecuador 10 years ago and bought his first home in Northeast Portland in 2006. "When I started in the industry, I saw there was a lot of abuse from unscrupulous lenders."