Nest Egg Real Estate

Exceptional Service Throughout Portland and Vancouver

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My Mission

My mission is to treat every real estate transaction as the most important event in our customers’ and clients’ financial lives, providing both management and guidance. Your home is usually your most valuable asset; I treat it that way.

My Vision

Nest Egg Real Estate is committed to the highest standards of professionalism, ethics, and integrity while enabling our customers and clients to build both comfort and wealth through real estate investment.

Woah. Time flies when you're having fun, when you're sick, and generally busy. How much will you net when you sell? Free videos! Lunch with Cheryl Strayed (author of "Wild")? 10 best places to live in Oregon, 4 factors that affect home prices, and the government's role in the mortgage industry.

My title alone could be a blog entry.

I got that killer cold that went around and lasts far too long (I still have a cough), and then my in-laws from the Netherlands came for a visit. There is nothing like having guests to fall in love with where I live all over again. Check out the shot of a whale that wanted to play with us during our visit to Depot Bay!

I have so much more I'd like to share, but it's too much for this post. It does, however, give me the excuse to share my facebook page, where I post all of these articles, and a whole lot more. Please "like" and "get notifications" here:  https://www.facebook.com/NestEggRealEstate.

Do you want to know approximately how much you'd net if you sold your home today?

I've added a great link on my website (How Much Will I Net When I Sell My Home?) that will calculate approximately how much you'll walk away with if you were to sell your home today. If you'd like me to do a free CMA (comparative market analysis) on your home so you can use that as your home price, just let me know by emailing me: clarity @ claritysanderson . com (remove the spaces). While you're here, please be sure to check out the free home buying and selling videos. It does require you leave your email, but I promise I'll only reach out to you to see if I can be of service, and if you tell me to go away, I'm very good at listening.

Private Lunch or Dinner with Cheryl Strayed, Author of Wild, in Portland, OR

It's for a great cause, the Humane Society! I'm a huge fan of Cheryl Strayed.

These Are The 10 Best Places To Live In Oregon

Best Places To Live In Oregon

We analyzed over 350 places in Oregon to determine the cream of the crop.

Best Place to Retire? Portland Oregon! Portland Public Schools are adding 140 Teaching Positions and Portland's rents rose at nation's sixth-fastest rate

My apologies for the late post. My in-laws are visiting from the Netherlands (and you know what? They visit a LOT more since we moved here!).

 I'm hoping to document our visit with my in-laws, as they are seeing and experiencing the NW in a way that is totally unique. I'd really like to get a go-pro sometime and show you this gorgeous state from the perspective of a passenger on the back of my husband's Harley! Let me know if that would interest you!

Best Places to Retire: Portland, Ore.

Good food, the outdoors and volunteerism are among the city’s many draws

Portland’s draws include a mild climate, a culture of volunteerism, and a compact layout good for walking and biking.
Portland’s draws include a mild climate, a culture of volunteerism, and a compact layout good for walking and biking. PHOTO: GETTY IMAGES

March 15, 2015 11:04 p.m. ET

Ken Pyburn spent four years in a recreational vehicle looking for the perfect place to live before settling on Portland, Ore., in 2010.

After visiting “in person or on the Internet” 126 cities and five Canadian provinces, the retired IBM executive and self-described advocate of “aging passionately” determined that no flawless city exists. Portland, however, has “more stuff happening that feeds my soul,” he says.

What does Portland—a renowned beer, biking and food-cart mecca for young creatives with and without work—have going to feed the soul of the 50-plus crowd?

Portland is a temperate-climate riverside city of 600,000 halfway between the Pacific coast and the Cascade Mountains. Summers are dry and pleasant. According to local meteorologist Rod Hill, winters in recent years haven’t been as wet or gray as in the past, though springs have been more rainy.

More...

Portland Public Schools to add 140 teaching, staff positions

BIG NEWS!

Superintendent's budget based on the state giving out $267.5 million more than what is proposed

TRIBUNE FILE PHOTO: JONATHAN HOUSE - Superintendent Carole Smith presented her staffing requests at the March 9 meeting of the board of directors for Portland Public Schools.

TRIBUNE FILE PHOTO: JONATHAN HOUSE - Superintendent Carole Smith presented her staffing requests at the March 9 meeting of the board of directors for Portland Public Schools.

Portland Public Schools will need $13 million to make ends meet if the Oregon Legislature goes through with its current budget, Superintendent Carole Smith told the board Monday, March 9, as she unveiled a plan to add 140 teaching and staff positions.

The next morning, Smith, Director Bobbie Regan and Portland Association of Teachers President Gwen Sullivan were in Salem arguing that point with the joint subcommittee on education. (See: Portland School Leaders Urge More State Aid.)

The co-chairs of the Legislature's Joint Ways and Means Committee are offering a slightly smaller slice of the pie in this fiscal cycle to the State Schools Fund. While the 2013-15 budget had $6.65 billion for schools, the new $7.24 billion allocation represents a decrease of six-tenths of a percentage point of the overall state budget.

More...

Portland's rents rose at nation's sixth-fastest rate, study finds

By Mike Francis | The Oregonian/OregonLive Follow on Twitter on March 16, 2015 at 10:38 AM, updated March 16, 2015 at 10:48 AM

Rents in the Portland metropolitan area rose 20.45 percent over the last five years, giving the area the sixth-fastest rise in the nation, according to a new study from the National Association of Realtors.

That's roughly twice as rapid an increase as homeowners saw during the same period, according to the study.

In a somewhat surprising note, the realtors' study saw the the incomes of Portland-area renters aged 25-44 nearly kept pace with the rise in rents, gaining 19.53 percent over the last five years. That's better than the national averages, which saw typical rents rise 15 percent while renters' income rose by 11 percent.

In Seattle, for example, incomes rose a little more than 15 percent while rents rose more than 32 percent over the last five years.

More...

 

 

Tiny Homes. St. Patrick's Day at Kells. Starbucks Increases Home Prices (which explains the skyrocketing prices here). Pub Sheds, OHSU South Waterfront Expansion, and (GASP) Portland is only the 3rd Quirkiest??

It's been a nutty week. There's so much happening. I normally try to limit my blog to 3 must see articles, but this week  wouldn't allow it. There is just a whole lot going on.

Tiny Homes.

'Portlandia' tiny house: Fred and Carrie have never been so close (video)

Portlandia Season 5, House For Sale
In Portlandia's' Episode 8: House for Sale, Fred and Carrie adjust to live in a tiny house, shot at Caravan-The Tiny House Hotel in Northeast Portland's Alberta neighborhood. (Augusta Quirk/IFC)

Janet Eastman | The Oregonian/OregonLiveBy Janet Eastman | The Oregonian/OregonLive Email the author | Follow on Twitter on February 24, 2015 at 1:20 PM, updated March 04, 2015 at 10:08 PM

Are you searching for an affordable home in Portland's Alberta Arts District? Does your soul want sustainability yet your heart yearns for luxuries like a master bathroom with soaking tub, TV and a window framing landscape? Would an efficient home office and library filled with classics feed your mind?

The tiny house that stars in Thursday's episode of "Portlandia" might be the perfect fit. If you can squeeze in.

In the poking-fun-at-Portland series, Fred Armisen and Carrie Brownstein point out the benefits of micro living. In one scene, Armisen's character slides open a rustic wood door to reveal himself sitting on a toilet, his pants puddled at his ankles.

"This is the bathroom and a home office," he explains, his elbows resting on a narrow desk. You can't see Brownstein, except for her arm reaching over the desk caddy. "Can you hand me the shower gel please?" she asks.

More...

Even more here from BikePortland.Org

St. Patrick's Day 2015: Kells boasts five days of festivities in Portland

Kells st patricks day.jpg
The Kells Pipers are a mainstay, performing numerous times throughout the five day St. Patrick's Day event. (Jamie Francis/The Oregonian)

Jamie Hale | The Oregonian/OregonLiveBy Jamie Hale | The Oregonian/OregonLive Email the author | Follow on Twitter on March 04, 2015 at 7:30 AM

St. Patrick's Day at Kells will end as it begins: with bagpipes.

The downtown Portland pub will host five days of festivities for the 2015 Irish celebration, all leading up to St. Patrick's Day itself on Tuesday, March 17. The programming varies from family-friendly activities to raucous adults-only affairs.

It all starts on Friday, March 13, with the fifth Kells Smoker, an "Oregon vs. Ireland" amateur boxing match, set up in a tent in the parking lot behind the downtown pub, filled to the gills with thick, wafting cigar smoke. For all its surreal "Mad Men" culture, the Smoker is probably the most unique St. Patrick's Day event in town. And yes, bagpipes will welcome the boxers into the ring.

The 7:30 p.m. fight also marks the beginning of Kells' big St. Patrick's Day Festival, which runs from March 13 to 17 at the downtown pub. There, Irish dancers and musicians will take to the indoor stage and the festival tent for morning, afternoon and evening performances, accompanied of course by Kells' own food and drink.

Minors are barred from the actual pub at all times during the festival, but will be welcome in the restaurant portion of the massive downtown establishment. The festival tent in the parking lot is more erratic with its age limits, with minors welcome in the mornings through the early evening, every day except Tuesday, which is 21-and-older all day.

More...

Confirmed: Starbucks knows the next hot neighborhood before everybody else does

starbucks in harlem

Get your coffee, and then a mortgage.(AP Photo/Bebeto Matthews)

What fuels gentrification? The answer is the same thing that fuels the rest of us: coffee.

But not just any old cup o’ joe.

Starbucks, the iconic coffee roaster and retailer, has grown into a $15 billion company, with more than 19,000 locations in more than 60 countries. You can spot that familiar green-and-white logo from Saudi Arabia to Switzerland, in a Dubai shopping mall, or on a Carnival Cruise ship. Where the Berlin Wall once stood, there’s a shiny new Starbucks instead. Conveniently, one of our desks has a view of the original Starbucks store in Pike Place Market.

Starbucks’ mission is “to inspire and nurture the human spirit—one person, one cup and one neighborhood at a time.” Any college student downing venti caramel macchiatos to stay awake the night before a big exam can testify to Starbucks’, in a word, nurturing qualities. But as it turns out, Starbucks correlates with something else, too: rising home values.

More...

Portland home prices continue to skyrocket (is it because of all the Starbucks? ;) )

Mar 4, 2015, 11:21am PST UPDATED: Mar 4, 2015, 11:47am PST

Staff Reporter-Portland Business Journal
The Portland housing market continues to heat up, with home prices climbing more than 7 percent in the past year.

The latest data from CoreLogic showed that in the Portland, Vancouver and Hillsboro tracking area, home prices, including distressed sales, increased by 7.6 percent in January 2015 compared to January 2014.Home prices rise 1000

On a month-over-month basis, home prices, including distressed sales, increased just under 1 percent in January 2015 compared to December 2014.

The trends here in the Portland region are similar to, though stronger than, those across the country, according to CoreLogic's data. Home prices nationwide, including distressed sales, increased 5.7 percent in January 2015 compared to January 2014.

More...

‘Pub-Sheds’ Quickly Becoming Hot Trend in Backyard Entertainment

lighterside-staff-authorBy Lighter Side Staff  |  Read More

Backyard sheds are a dime a dozen. Most of them are useful for lawnmowers, tools, or perhaps your hubby’s smelly old high school sports paraphernalia. However, there’s a growing trend of pub-sheds that not only allow you to calm your nerves after a hard day’s work, but to do so in style from your very own back yard.

So even if your budget doesn’t allow for a hidden swimming pool or a $2 Million Backyard Paradise, you can now have a fun backyard project to look forward to.

Have your guests relax on the swivel stools as you serve them in style.

Via Reader Sheds

This one has enough room for a hammock, just in case you need to crash after that extra glass of wine.

Via Reader Sheds

You’ll swear Marty McFly sapped you back to the 50’s. Banjo player not included.

Via Reader Sheds

More...

OHSU South Waterfront expansion; Con-way redevelopment in NW Portland: development roundup

Elliot Njus | The Oregonian/OregonLiveBy Elliot Njus | The Oregonian/OregonLive Email the author | Follow on Twitter on March 04, 2015 at 12:05 PM, updated March 04, 2015 at 1:39 PM

We're tracking proposed and in-the-works development across the metro area. Check back every week for the latest. If a project isn't included in the text of the post, click around on the map to see if we're tracking it.

If you're curious about a development near you that's not included or which appears out of date,send us a tip or ask for an update.

OHSU South Waterfront: Oregon Health & Science University is proposing three new buildings in Portland's South Waterfront:

  • The Knight Cancer Research Institute would be built on Southwest Moody Avenue just north of the new Collaborative Live Sciences Center. The 332,000-square-foot building is valued at $115 million.
  • A 12-story, 360,000-square-foot ambulatory care building above an existing underground parking garage. The garage is currently topped with grass. (Pictured in gallery.)
  • A 10-story, 264,000-square-foot with a conference center on the ground floor and guest housing for 80 people. It would also include 515 parking spaces. (Pictured in gallery.)

More...

And Finally...

Portland Is Only 3rd Quirkiest City In US


Portlanders, it seems that we need to keep things even weirder. The City of Roses came in at No. 3 on Travel and Leisure magazine’s list of the 20 Quirkiest Cities in America.

While we were celebrated for our loyalty to local first and our biker way of life, Portland was beat out by Austin and New Orleans.

The Texas capital took the No. 2 spot because of the city’s dedication to the “Keep Austin Weird” movement — they have a wax museum that houses “the greatest in sci-fi, fantasy, and horror genres” and a bar that’s always decorated for Christmas. The Big Easy stole the top slot because it has a lot of parties and is all about VooDoo shops, plus one spa that provides VooDoo massages.

While Portland’s unicycle, coffee and beer cultures were mentioned, the magazine didn’t bring up our best assets to take down these other “weird” cities. There’s no mention of our own VooDoo (albeit a doughnut shop) or the Freaky-But-True Peculiarium oddities store. We’re also emotionally attached to our airport carpet. People waited for hours to attend opening weekend at the state’s first cat cafe. And what about the annual naked bike ride? Heck, there’s an entire show dedicated to all the weird things that we both love and loathe about our city.

What else was left off the magazine’s list?

http://www.opb.org/news/blog/newsblog/portland-is-only-third-quirkest-city-in-us/

Amazingly Beautiful Video "Requiem of Ice", Managing an in-neighborhood move in a Seller's Market, and 2015 Portland Beer Guide

This video will blow your mind.

[vimeo 111161365 w=500 h=281]

 

Moving out, moving in: Managing an in-neighborhood move in a seller's market

By Mike Francis | The Oregonian/OregonLive Follow on Twitter on February 22, 2015

 

Chuck and Linda Florio celebrated a Christmas in transition this winter.

The Lake Oswego couple had sold one house and was trying to buy another down the street, but the new purchase didn't close quickly enough for them to move directly from one to the other. So they spent their downsized holiday season in an apartment.

"We put up a Christmas tree, we had Christmas dinner, the kids came over," said Linda Florio. "It was simplified."

The disruption of the holiday tradition was the price of making a move in a real estate market that is decidedly weighted in the favor of sellers. It's rarely a simple thing to time a home sale and purchase perfectly, but homeowners moving in-market, as the Florios did, are especially challenged in this market.

The inventory of homes on the market in the Portland area was a tight 2.3 months in December, the lowest level in eight years. While inventory rebounded a bit in January, houses turn over in 82 days, on average. In desirable neighborhoods, the churn is much faster: Sellers can choose among multiple offers, and buyers may find that merely meeting the asking price isn't enough to close the deal.

More...

Willamette Weekly just posted their 2015 Beer Guide with 88 Breweries and an interactive map! Check it out...

Beer Guide 2015: Portland-Area Breweries From A to Z

 

 

2015 Oregon Beer of the Year | Favorite Oregon Beers # 2-10 | Oregon Beer Awards

Portland-Area Breweries from A to Z | Astoria  | Bend | Hood River

An Oral History of Cascade Kriek | Celebrity Oregon Beer Picks | Beer Calendar

Best Growler Spots | Homebrew Shops | Kid-Friendly Brewpubs | Beer Bodegas

Top of the Shelf: Saisons | Imperial Stouts | Imported IPAs | Wheat Beers | Barleywines

 
88 Breweries Within an Hour's Drive of Portland
More here, including an interactive map!

PORTLAND RANKS NO. 5 FOR ATTRACTING 'THE YOUNG AND RESTLESS,',27 REASONS TO LOVE PORTLAND RIGHT NOW, DO YOU LIVE IN A SLIDE ZONE?, AND "GRANT'S GETAWAYS"

I'm sitting at my desk looking out of my window at the view of Camassia Nature Preserve. It's 5 pm and still in the 60s. There isn't a cloud in the sky. I see Mt. Hood in the distance.  I still shake my head in disbelief that this is my life.

PORTLAND RANKS NO. 5 FOR ATTRACTING 'THE YOUNG AND RESTLESS,'

"Portland attracts young college graduates at a faster clip than all but four other U.S. cities, according to a researcher who studies urban culture and economics.

The number of adults age 25 to 34 with a four-year degree who live in close-in Portland neighborhoods grew from 18,297 to 24,860 between the year 2000 and 2012, according to the 2014 report, produced by City Observatory, a think tank supported in part by the Knight Foundation.

Only Houston, Nashville, Denver and Austin saw greater percentage increases, according to a New York Times analysis of the data.

Author Joe Cortright focuses on recent movement of well-educated young adults to forecast which cities seem best poised to benefit their from their creative and economic contributions.

More..."

27 REASONS TO LOVE PORTLAND RIGHT NOW

"IMAGE: Tarina Westlund Photography | WLCR.io

      

Tags: Portland

 

NO.1

"Because Portland is to America what America is to the world…

They aren’t just coming to America anymore. They’re coming to Portland.

For the second year in a row, Oregon was the state that Americans moved to most in 2014, according to a moving-company study. Japanese fashion magazines publish Portland guidebooks, and Tokyo mall shoppers flock to a “Lifestyle of Portland” pop-up. We’re the only American city listed by swanky British Monocle magazine as “livable.” Even the French seem to like us, and they don’t like anybody: Paris has held multiple festivals devoted to keeping Portland weird.

Blame Portlandia if you like. Smirk at the kids who move here without any plans or prospects, and end up using their diplomas as placemats.

Portland has become just as much a utopian ideal as a city, a lifestyle panacea for the anomie of the Palo Alto software designer or ground-down NYC bartender. It isn’t so much where the young come to retire, because they don’t really retire: We’re 50 percent more likely to start a business here than people elsewhere, and we’re chock-a-block with freelancers who can actually afford an apartment. Portland is instead where people come to live differently, in a world that seems new.

I grew up here. I watched New Bad Things at the X-Ray Cafe, and bought second-hand shirts from Thee O, amid the art-damaged, suicide-rap Thunderdome of ’90s downtown. That love-in-the-ruins Portland now endures only in memory—and, somehow, also on Sandy and Foster.

More..."

NEST EGG REAL ESTATE NOW HAS GEOHAZARD INFORMATION!

When we relocated to the area, we paid attention to what everyone is told to pay attention to - flood zones. Yes, this is important! After we purchased our home, I became aware of a site that focuses on other hazards you may not think of immediately. Slide zones are a real concern! You can only imagine my relief when I searched our current home and found we were not in a slide zone, and we'd totally dodged a bullet when I saw that all the other homes in competition were smack dab in the middle of one!

LAST BUT NOT LEAST, "GRANT'S GETAWAYS" IS A GREAT PLACE TO GET VIRTUALLY LOST IN OREGON!

[youtube=http://youtu.be/n6Omeu7pEn8]

Valentine's Day in the Gorge, "Portlandia" renewed for 2 more seasons, Net Worth: Rent versus Buy, Zillow, really. Finally, Major Development for Oregon City and West Linn

I have so much to share. Too much, actually. There's just so much going on! In fact, if you want "real time" updates, why not "Like" our facebook page, and click to make sure you receive notifications so you don't miss a beat!

Oh, what to do this Valentine's Day? Wonder no more... Take your sweetheart to the Gorge!

Celebrate Valentine's Weekend in the Gorge!
Celebrate your love with Wine, Cheese and Chocolate!
 
Join us for one of our favorite weekends of the year, Valentine's Weekend February 12th -16th.
We will be celebrating this weekend of love with three new wine releases. You can taste wine and indulge in a selection of delicious cheeses and exotic chocolates from around the world.
Our friend and neighbor, Kelly Blanchard will be on hand offering chair massage on Saturday the 14th. Wine, chocolate and massage? Perfect for your Valentine! We will be open Thursday - Monday for the holiday from 11am -6pm.
Our new releases are three of our most popular selections. The 2013 Cinsault and 2013 Counoise are wine club exclusive wines. The 2013 Grenache - Carignan is available to everyone both online and in the tasting room! If you are interested in joining the wine club you may email Sara, sign up online or register when you come and visit.

It's back for another 2 seasons! Portlandia!

PORTLAND, Ore. -- The city of Portland continues to be famously weird, and the TV comedy loosely created around its quirkiness has not run short on fans yet, or sketch ideas.

No doubt that's why IFC just renewed Portlandia for two more seasons.

Portlandia is currently in its fifth season, and IFC announced Tuesday that fans can look forward to 10 more half-hour episodes for seasons six and seven.

"We are so excited to get to do more Portlandia with IFC," stars Fred Armisen andCarrie Brownstein said in a joint statement. "Getting to work with Jon [Krisel] and our talented writers and crew, it really is our favorite thing in the world. Also, we get to spend more time in Portland!"

More...

Net worth as a renter versus a homeowner...

Net Worth: A Homeowner’s is 36x Greater Than A Renter!

Net Worth: A Homeowner's is 36x Greater than a Renters! | Keeping Current Matters

Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth.

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups.

Some of the findings revealed in their report:

  • The average American family has a net worth of $81,200
  • Of that net worth, 61.4% ($49,856) of it is in home equity
  • A homeowner’s net worth is over 36 times greater than that of a renter
  • The average homeowner has a net worth of $194,500 while the average net worth of a renter is $5,400

Bottom Line

There are many reasons why owning a home makes sense, the Fed study shows that owning is still a great way for families to build wealth in America.

Source: http://www.keepingcurrentmatters.com/2015/02/09/net-worth-a-homeowners-is-36x-greater-than-a-renter/

Oh, Zillow. This is one of the hardest parts of my job (shakes virtual fist in the virtual air).

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Inaccurate Zillow 'Zestimates' a source of conflict over home prices

Buyer and Seller reports and videos, 10 Things You Should Never Say to a Real Estate Agent, What is affordable housing in the Portland area, and Portland’s 20 Hottest Neighborhoods for Real Estate. I'll end it with cat cuddles.

Hello! Here's the news from the PNWN! My website is an ever evolving creature. I've recently added a buying/selling guide for Oregon, as well as Portland map information (including crime statistics). http://nesteggre.com/

NestEggRE.com

This first bit of news is absolutely true. Take everyone to heart. I will say however, if you're thinking about selling your home without representation (For Sale By Owner, or FSBO), please take the time to check out my video "Selling By Owner". And now, the 10 Things You Should Never Say to your Agent!

1. “I want to buy a home, but I don’t want to commit to one agent.”

Loyalty is a two-way street. If you want an agent’s help, understand that he or she will spend a considerable amount of time, money, and effort shuttling you from house to house, scheduling home viewings, and previewing listings on your behalf. The tradeoff for this hard work is to sign a buyer’s agency agreement, allowing them to formally represent you as a client (versus merely a customer). There are major differences between the two. Learn more about agency relationships here.

2. “Don’t show my home unless I’m available.”

Look down. See a hole in your shoe? That’s because you’re shooting yourself in the foot. Real estate agents are busy. Therefore, if you want to maximize your home’s exposure, you’re gonna have to be flexible (i.e., as “hands off” as possible). I get it, though. You cringe at the thought of muddy shoes dragging across your beige carpet (or whatever else your concern may be). You naturally want to be present to keep an eye on things, but try to control that urge. Buyers get uncomfortable with sellers standing over them while they view a home — and that’s if you’re lucky enough to draw the buyer inside in the first place, considering all the hoops created by stipulating that other people’s schedules must align with yours.

3. “But Zillow said…”

Stop listening to Zillow. Relying on Zillow to determine your home’s value is, at best, a crapshoot. Zillow itself even encourages buyers, sellers and homeowners to conduct other research such as “getting a comparative market analysis (CMA) from a real estate agent” and “getting an appraisal from a professional appraiser.” Sure, Zillow’s Zestimates® are quick, easy, and free… but so is dating advice from your thrice-divorced Uncle Larry. The point? Just let a local real estate professional (who will actually see your home’s unique features in person) determine its fair market value.

More...

What is affordable housing in Portland?

Statistically speaking, the Portland area is at an interesting junction of household income and housing inventory. On paper, they are roughly in balance, although that is changing as prices rise.

The median price for a single-family house in Portland is $310,000, according to Trulia, the real estate platform. Others peg it at between $300,000 and $320,000.

The median gross household income in Multnomah County is about $54,000, in Clackamas County about $67,000, in Washington County about $63,000, according to American Community Survey data. In Clark County, it's about $55,000.

By HUD definition, a homeowner is "burdened" if he or she pays more than 30 percent of the household's gross monthly income for housing. By that definition, the maximum monthly housing cost for a median-income Multnomah County homeowner would be about $1,350. For a homeowner in Clackamas County, it's $1,675. For Washington County, $1,575. In Clark County, about $1,375. Housing costs include taxes and insurance.

More...

Portland’s 20 Hottest Neighborhoods for Real Estate

Tuesday, February 03, 2015

Over half of Portland’s hottest real estate neighborhoods are near or east of 82nd Street, according to data pulled from the real estate brokerage Redfin.

Portland’s real estate market for sellers is probably the hottest it has ever been, especially for the east side of the city. Of neighborhoods that sold the most home over the last 90 days, the top five are located in East Portland. Over 80 homes were sold in the Brentwood-Darlington area, the highest of any neighborhood.

Historically low property values have kept home prices in East Portland comparatively cheap compared to other parts of the city. Meanwhile, a shortage of available single family homes makes property on the eastside in high demand.

Low inventory and high prices are driving the real estate market in all of Portland, according to Jan Caplener one of the owners of Portland’s Reality Trust.

“Right now, Portland especially, is the hottest you can have. There are way more sellers than buyers,” Caplener said. “Portland businesses are bringing a lot of people from other states. We are out of building lots for larger parcels and multifamily dwellings.”

More...

Seriously. Welcome to Portland. :)

Oregon's First Cat Cafe: A Look Inside Purringtons Cat Lounge

OPB | Feb. 2, 2015 1:45 p.m. | Updated: Feb. 4, 2015 8:48 a.m.

CONTRIBUTED BY:

https://www.youtube.com/watch?v=Qsoc5BlRlzc

“It was October 25th, 2013. I saw a video that a girlfriend of mine who lives in Paris sent me on Facebook of Le Café des Chats in Paris,” says Kristen Castillo. “I didn’t even know that cat cafés existed. I was utterly blown away and inspired and pretty much had an epiphany that evening.”And now Kristen and her husband, Sergio Castillo, own Oregon’s first cat café.Purringtons Cat Lounge, located in NE Portland, celebrated its grand opening at the end of January with more than 300 people in attendance. Patrons waited for more than an hour to spend 30 minutes with 9 cats while enjoying coffee and pastries in the living-room-like setting.

To comply with Multnomah County’s Health Department regulations,Purringtons’ space is divided into two areas: a café, where you can purchase food and drinks, and the lounge, where you can spend time with the cats. There is an $8-per-hour cover charge for the lounge.

Drone video of the St. John's Bridge, 35 AWESOME things to do in Oregon, Nike Expansion, and Home Supply in PDX!

First, some fun!

See the St. Johns Bridge from a bird's eye view

PORTLAND, Ore. -- Seattle has the Space Needle. New York, the Empire State Building. But the defining feature of Portland's skyline isn't a building – it's the eleven unique bridges that cross the Willamette River and connect the east and west sides of the city.

The St. Johns Bridge is arguably the most beautiful bridge in Portland. The steel suspension bridge's painted green frame rises higher than any other bridge in the city, and more than 20,000 cars travel across it every day. http://www.kgw.com/story/features/2015/01/19/video-shows-st-johns-bridge-from-a-birds-eye-view/22024981/

More here...

More fun!

35 Awesome Things To Do In Oregon

There’s a whole lot more than Portland that’s keeping Oregon weird (and totally wonderful.)

1. Jump Into The Deepest Lake In The United States

35 Awesome Things To Do In Oregon

Source: Flickr user 41040538@N05

Crater Lake, besides being the deepest lake in the United States with a depth of 1,946 feet, is also incredibly beautiful. The water is so blue that it’s almost surreal.

2. Finally Cross “Climb A Mountain” Off Your Bucket List

35 Awesome Things To Do In Oregon

Source: Flickr user markschindler1200

From beginner trails like the Dog Mountain Trail to death defying climbs up Mount Jefferson, there’s a mountain for everyone in Oregon. Just wait until spring when the weather is right so James Franco doesn’t end up playing you in a movie.

3. See The Closest Thing To A Real Life Ghost Ship

35 Awesome Things To Do In Oregon

Source: Flickr user GaryPaulson

The “Peter Iredale” is one of the most accessible shipwrecks on the Pacific. It’s been over a century since the wreck, but the remains are still visible on the Warrenton, Oregon coast.

More here...

Pumped up kicks...

Nike's expansion: two buildings, two parking garages and at least $150 million

Staff Reporter-Portland Business Journal
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Nike has filed plans in Washington County for an ambitious expansion that includes two new buildings, two parking garages and the possible extension of a giant berm around another corner of the company's sprawling corporate campus.

The campus expansion has been expected since 2012, but the scale of the new plans is more than double a previous plan Nike submitted last year before shelving it.

Included in the new plans:

  • A 412,000-square-foot office building with 500 parking spaces underneath the building.
  • A second office building with 649,000 square feet of office space, 238,000 square feet of "accessory space" and 500 parking spaces underneath the building.
  • A parking garage with 1,400 spaces, 50,000 square feet of accessory space and a "district utility plant" inside the garage.
  • A second parking garage with 1,100 spaces.
  • A "permanent berm" adjacent to 158th and Jenkins, which suggests Nike will extend the berm around the majority of the campus to its southwest corner.

More here...

And last but not least, a bit about Portland's housing inventory. Clients who wanted to look at homes last weekend gave me a list of 9 homes. I went to make appointments and within half an hour as I made those calls, 2 went pending. The following day, another went pending. Of the 6 we did look at, they decided to make an offer on one of them. By the time we did, it had gone pending. It's a seller's market for sure, and it certainly doesn't feel like a slow season to me!

Supply of Portland-area properties for sale hits 8-year low, median home prices up 8.5 percent in 1 year

It's a seller's market in the Portland area, according to the latest figures from RMLS. (Mike Francis / The Oregonian)

Mike Francis | The Oregonian/OregonLiveBy Mike Francis | The Oregonian/OregonLive Follow on Twitter on January 14, 2015 at 5:00 PM, updated January 19, 2015 at 8:13 AM

Just 2.3 months' worth of residential properties are for sale in the Portland area at normal rates of turnover, according to December figures from the Regional Multiple Listings Service. That's lower than at any time over at least the last eight years.

Dustin Miller of the Realty Trust Group in Lake Oswego said Wednesday that Portland-area real estate brokers are feeling desperate.

"It is like we are African animals in the center of the Serengeti watching the oasis get smaller and smaller," he said by email. "We are losing that Christmas and New Years fat quickly while running all over town!"

Decembers tend to be slow months in the real estate business, anyway. But new listings and pending sales in the metro area declined last month, while the number of completed sales rose to 2,239, according to RMLS. Taken together, the trends mean an already tight inventory was squeezed even more.

More here...

 

 

 

Happy New Year!

Forgive the lack of posts. Our family traded the flu all during the holidays, and we lost our dear furry German Shepherd loved one, Suki, just after the 1st. Although blogging weekly was on my list of New Year resolutions, I didn't have it in me until today to write.

Did you hear? Everyone is moving to Oregon!

[embed]http://money.cnn.com/video/pf/2015/01/08/oregon-top-state-to-move-to.cnnmoney/[/embed]

NEW YORK (CNNMoney)

It has green forests and bike friendly cities, an abundance of craft beer, and -- despite the rain -- it's where everyone wants to be.

Oregon was the top destination for people who moved out of state in 2014, according toa study from United Van Lines that tracked 128,000 moves. The moving company found that 66% of all interstate moves in Oregon were from people moving into the state, rather than leaving it.

More here.

Portland home prices continue march toward pre-crash peak

Home prices in Portland and around the country are continuing to rise, but remain below their peaks of eight years ago.

The Portland-Vancouver-Hillsboro area saw prices in November reach almost 8 percent higher than they were the previous November, yet they remain more than 6 percent below the levels of July 2007, according to CoreLogic, the real estate data firm.

The median sale price for all properties in the Portland area was $319,000 in the last quarter, according to Trulia.

Nationally, CoreLogic says year-over-year home prices were 5.5 percent higher in November. At the state level, every state plus the District of Columbia showed gains from the previous year.

Nevada, Arizona and Florida have the furthest to go to return to the pre-crash levels. CoreLogic says home prices in those states remain 35.7 percent, 29.1 percent and 33.4 percent respectively below their peaks.

-Mike Francis

And finally, some FUN! Play the classic game, The Oregon Trail on your computer!

Play classic game The Oregon Trail for free on your browser

Apologies!

Hello followers on the series of tubes, I am so sorry for falling off the grid. I became very focused on my website and my facebook page. I found myself updating those and neglecting my blog here. I'm hoping to integrate this with the website. If anyone knows of a way to make one press of a button update Wordpress, Squarespace, and Facebook,I'd be very happy!

In the meantime, do check out the webpage, as well as the facebook page (which I'm sooooo good at updating).

Happy Holidays!!

West Linn named state's most family-friendly city, Should You Go It Alone When Buying from Home Builder? Bite of Portland, and Providence Bridge Pedal this weekend!

There you have it - and YES, this is why we moved here!!

A recent study conducted by the real estate blog Estately confirmed what many residents already believed to be true: West Linn is one of the very best places in to raise a family.

West Linn ranked at the top of Estately’s “20 best cities to raise kids,” edging out Tualatin and Lake Oswego for the number one spot. The rankings were based on ten factors, including youth population, public education, crime rate and housing affordability.

Estately found that West Linn had the lowest crime rate among Oregon’s 20 most populated cities, based on FBI data. West Linn also rated second in public education and ninth in housing affordability.

“I fully agree with the recognition,” City Councilor Jenni Tan said. “We’ve got beautiful parks, lots of classic activities … it’s a great place to raise a family.”

More Here...

 

Should You Go It Alone When Buying from Home Builder?

“If I’m buying a new house directly from the builder, why do I need a Realtor?”  Well, according to Houston Realtor® Patrick Welsh, an unrepresented buyer can be at a real disadvantage by deciding not to use an experienced real estate professional.

“As a Realtor, many people think I’m just trying to salvage a commission by recommending that a buyer retain my services for a purchase from a builder. All too often buyers think that they don’t need a Realtor to represent them since they can find the builder all by themselves, drive right up, negotiate the deal and move in!

My job is to represent the buyer’s best interest and help them through the transaction with the least degree of hassle and frustration. And our goal is to get the buyer the most value for the least money. I’ve heard many a buyer say they don’t need an agent before a transaction, but I’ve never had a represented buyer say to me at the conclusion that they were sorry they had me at their side representing them. The least important part of our job is driving the buyers around to look at houses (although it is important); our real value comes later in negotiating and working through the process on behalf of our client.

Representation.  The builder representative at the model home may look and sound like a real estate agent there to help you. However, the builder rep is a salesperson for the builder, and as such represents the builder’s best interest. I love the analogy I heard recently that when a buyer deals directly with that rep (saving the builder the buyer’s agent commission) it’s like the buyer paying for the builder to not represent them. Real estate agents and Realtors are licensed professionals bound by law and professional ethics while builder reps are not constrained by those requirement

More Here...

Some Fun to be had this weekend!

WELCOME TO THE 31st ANNUAL BITE OF OREGON * AUG 8, 9, 10, 2014. From coast to Cascades to canyons, the Bite of Oregon is a stunning celebration of Oregon, its food, its people and its extraordinary quality of life. Come join the fun at the best summer party on the Portland waterfront and discover Oregon's Bounty!

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Sunday, Aug. 10, 2014

Keep Portland Geared™!

Join the celebration at the 19th annual Providence Bridge Pedal. Each year on the second Sunday in August Portland’s streets and bridges, from Sellwood to St. Johns, welcome bicyclists from across the Pacific Northwest. It is once-a-year opportunity to enjoy the views from the traffic-free upper decks of the Fremont and Marquam bridges.

 

More here...

Portland is THE only livable city in the US? Also, I have to tell you we're off to a pretty good start!

Okay, so the magazine Monocle has announced that Portland is the most livable city in the US. I could have told you that. 

Portland named most liveable city in US

Portland named most liveable city in US

 

by Sara Roth, KGW.com Staff

Posted on July 31, 2014 at 2:11 PM

Updated today at 7:17 PM

PORTLAND – Portland was the only U.S. city on a recent list of the world's most liveable cities, as ranked by British magazine Monocle.

Monocle's Quality of Life Survey 2014 ranked 25 cities based on data including crime rates, healthcare, state-funded education, and business climate, along with a “liveability assessment” that considers green space, culture, sunshine, and local businesses, among other factors.

The Rose City was ranked 23 out of 25, and joined Vancouver (15) as the two cities to make the global list.

“Once again, Portland edges out its neighbor Seattle, thanks to its innovative and creative residents,” the magazine reported.

Past honoree San Francisco was also left off the list this year.

More...

I mentioned I made the jump and started my own business, Nest Egg Real Estate. So far, so good! Within the first 24 hours, 1 listing was pending, and withing 2 weeks, another was as well. 10391002_238950899648788_1276850920644703219_nNot a bad start. I could use help with the momentum, however. If you are ready to buy or sell (or both!) or know someone who is, please let me know. Let me know even if you're not ready to here. I know great agents nationwide.

Speaking of Nest Egg Real Estate, you can search for homes in Portland and Vancouver now, and no matter where you are, I have free videos to help you if you're considering buying or selling. Free. Gratis. No obligation. Just go. 

Until next time!

Clarity

Oregon Brewers Festival fans: It's that time again (July 23 - 27), How will Portland look in 2035? Finally, Portland's median home sale prices continue to soar!

Oregon Brewers Festival fans: It's that time again

 Staff Reporter-Portland Business Journal 

It's back. And, if you drink beer or enjoy the camaraderie of those who do, you'll know exactly what we're talking about.

Tens of thousands of beer enthusiasts are expected to descend on downtown Portland's Tom McCall Waterfront Park for the 27th annual Oregon Brewers Festival.

This year's event will take place between Wednesday, July 23 and Monday, July 27. The festival runs between noon and 9 p.m. Wednesday through Saturday and between noon and 7 p.m. on Sunday.

Representatives from 86 craft breweries from all over the country will offer more than 30 styles of handcrafted brews to 85,000 beer lovers.

More here...

Admission is FREE! You'll need to purchase a glass for $7 if you want to taste and beer tokens are sold separately. I was fortunate enough to meet 11 brewers from the Netherlands who are participating in the Brew Fest at the "Bridging Cities" event last Saturday, where we raised money to form a Sister City between Portland and Utrecht, the Netherlands. You can still donate to the cause!

For more on the Brew Fest, visit their site!

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How will Portland look in 2035?

Staff Reporter-Portland Business Journal
Email

The City of Portland has released an interactive map that allows users to explore its masterplan for the area between now and 2035.

The Comprehensive Plan shows zoning changes, areas where a large number of new jobs are being created, areas with risks and service gaps and planned adjustments to designated parks and open spaces. Users can click on color-coded sections to obtain more information about developments throughout the city.

Viewers can also use the online tool to comment about proposed changes to any property or area in the city using their computer, tablet or smartphone. They can enter an address to view the area within a quarter mile radius of that location and learn about proposed changes that that may affect their property and neighborhood.

Any questions about the app or issues with the way it works should be directed tobpsmapapp@portlandoregon.gov.

 

Read more...

Portland's median home sale prices continue to soar

Staff Reporter-Portland Business Journal

Home prices in Portland continue to rise, with the average home now selling for 8.7 percent more than in 2013, according to a new report by real estate research firm RMLS.

The average selling price of a home for the first half of 2014 was $328,900, up from a year ago when the average was $302,700.

Realtors are also closing more deals. In June, there were 2,617 closings, which represents a 4.2 percent increase over the 2,511 closings from June last year. This year saw the strongest June for closed sales in the region since 2007 when there were 2,731 closed sales.

There were 20,248 new listings in the first half of 2014, up 4.4 percent compared to the first half of 2013.

 

Read more...

Portland Business Journal's favorite camping spots, Portland's first Willamette beach debut, Which Portland suburb is one of the nation's top 10 places to raise children, and Bridging Cities Event - Will Portland and Utrecht, the Netherlands be Sister Cities?

It's been awhile! Starting your own real estate firm can be a tad time consuming. I didn't mean to fall off the planet though! To make up for it, I have lots of fun things to share.  

Staff Reporter-Portland Business Journal

Here are the PBJ staff's 17 favorite NW camping spots

We have a lot of happy campers on our staff. Which is why we thought it would be fun — and useful — to put together a roundup of our favorite spots, even as we risk them becoming overrun with visitors who are acting on our recommendations.

But with 170 state park camping locations and dozens more U.S. National Forest and privately-owned campgrounds, there should be plenty of nice campsites to go around.

We realize there are probably many more notable places out there that have escaped our attention. So we are inviting readers to submit their own nominees for best camping spots in Oregon.

Feel free to email Andy Giegerich with more photos of favorite campgrounds. Tell us why you like them and if we receive enough, we'll run another roundup of readers' picks. In the meantime, click through the gallery above to see 17 of our favorites. Read more here...

 

Safe to swim!

Staff Reporter-Portland Business Journal

Portland’s renewed love affair with the Willamette River continues today with the debut of a bonafide beach under the Marquam Bridge.

The Human Access Project, the nonprofit behind the annual Big Float, is holding a ribbon-cutting ceremony at 5:30 p.m. Tuesday at Portland’s’ first, safe beach on the Willamette River. The site is beneath the Marquam Bridge on the west bank of the Willamette River.

The path to the beach is lined with stones engraved with children’s poems about the Willamette River, as well as Chinook words curated by the Confederated Tribes of the Grand Ronde. Human Access Project leaders have given the beach the unofficial name of “Poet’s Beach.”

Volunteers removed rock along the river to create the beach as well as the trail leading to it. Read more here...

 

Which Portland suburb is one of the nation's top 10 places to raise children?

Staff Reporter-Portland Business Journal

Portland's Lake Oswego has been identified as one of the country's top 10 most desirable places for parents to live in an annual study.

The report, by online real estate brokerageZipRealty, was compiled by analyzing the best-rated public school districts in 23 areas nationwide and the median price per square foot for real estate in those areas.

Lake Oswego took the number 6 spot, ahead of Seattle's Mercer Island at number 10.

The locale made the list for the second year in a row, along with Minneapolis and Austin. Delano, Minn. took top honors. Read more here...

 

Last but not least, if you're looking for a whole lot of fun with the price of the ticket including live music by Michelle Van Kleef, BBQ, AND local beer, come check out the Bridging Cities event Saturday, July 19 from 12 to 3pm, at the Raccoon Lodge, 7424 SW Beaverton Hillsdale Highway, Portland.

BRIDGING CITIES EVENT

Dutch Craft Brewers to be Welcomed at “Bridging Cities: One Beer at a Time”

The Oregon Brewers Festival is hosting 11 Dutch (and one German) craft brewers to the Oregon Brewers Festival, July 23-27. To celebrate their arrival, the Raccoon Lodge & Brew Pub, the Portland Dutch Society and the Portland Utrecht Network are welcoming the guest brewers on Saturday, July 19, from noon to 3pm, at the Raccoon Lodge, 7424 SW Beaverton Hillsdale Highway, Portland.

Festivities will include a catered BBQ and beer, with music by Dutch musician Michele Van Kleef (michelevankleef.com) and PSU jazz musician Lance Vallis. In addition, a silent auction will be held (emceed by Charles de Greef of KBOO's Holland Hour), featuring beer and merchandise donated by the visiting brewers, as well as contributions from local restaurants and arts organizations. The “Bridging Cities: One Beer at a Time” reception is open to the public. Admission is $30 per adult and $10 for children up to 16. Space is limited and advance purchase is strongly advised. Proceeds from the event will benefit the Portland Utrecht Nettwork’s efforts to further develop the current “Friendship City” status to a formal “Sister City” relationship , as well as help to fund future cultural  exchanges. Numerous connection s between the cities are being explored, such as transportation, business, sustainability, design, tourism, and craft brewing. Click here to order your tickets today!

 

Ta ta for now!

Clarity

Memorial Day Weekend in the Gorge, Geohazard Website for Oregon, and 6 things every Realtor wishes you knew (#6 is usually a shock)

First, some fun! I'm going to be helping my sister out this weekend by pouring wines with her at Syncline Winery in Lyle, Washington. I can't wait!

 

Memorial Day Weekend
Can you believe summer is right around the corner?
This spring has been a blur of friendly new faces discovering our wines and our beautiful spot in Lyle. We have new wine releases, and very soon, a gorgeous and easy to navigate new website. If you haven't made it out to Lyle in awhile, why not bring some friends and spend part of your long Memorial Day weekend with us?

Solstice Cafe will have their mobile pizza oven parked at Syncline this Saturday the 24th and Sunday the 25th from Noon until 5 serving their award winning pizza and wood fired s'mores. We love the pairing of wood fired pizza made with fresh, local ingredients with our wines. Come spend the day touring the wineries of Lyle and stop at Syncline Winery for lunch. We'll provide the wine and an idyllic picnic space!

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Have you wondered about hazard zones when considering a home to buy?

Wonder no more! Here is a VERY handy website that will give you not only information about flood zones, but also slide zones. When we house shopped, we took into consideration the flood zones, but hadn't considered the slide zones. We chose our home, and after our move I discovered oregongeology.org . I also discovered that half the homes we'd considered were in slide zones. I was very grateful that the home we had chosen was not.

Finally, here is an article that I really love about what Realtors(c) wish you, as the consumer, knew. I take issue with the time frame for selling a home (not the preparation, but time on the market). If you price it right, it will sell (if you build it, they will come...).

6 Things Real Estate Agents Wish You Knew

Dec. 9, 2013
Real estate agents see it all. From the unmade beds to the overstuffed garages to the "What were they thinking?" decor. Over the years, they learn a thing or two: Why some houses sell, while others linger on the market. Why some promising buyers never make it to the closing table. How to get a better deal on the mortgage. Even just how much the other agents stand to make on your home. And the good news is, they want to share. Whether you're a buyer, seller or both, here are six things real estate agents wish you already knew.

Want to sell quickly? Price it just under the market

In today's market, sellers are again optimistic on the value and price of their homes -- "but buyers aren't," says Ron Phipps, principal with Warwick, R.I.-based Phipps Realty and past president of the National Association of Realtors. "Your challenge as a seller is to price the house so that it is compelling," he says. What that means in dollar signs: "Set a price slightly below market value," he says. Just "a fraction." For example: If similar homes in your neighborhood are clustered around $210,000, you might price yours at $200,000 or $198,000, he says. Read more here...#6 is usually a big surprise to most...

Until next time!