Real Estate Blog - Blog Archive: July, 2015

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July 2015

Found 5 blog entries for July 2015.

Energy. Green. New. Remodeled. Savings. 

Which of these words grabbed your attention first? With so many articles and buzzwords around each of them online, we wanted a Holistic approach to embrace what REALLY matters about the subject. 

So you're building a new home or remodeling an old one. You know you wanna save on energy costs--good for the environment; good for your wallet. But to get the maximum energy efficiency out of your home, you must carefully plan, research, and pay attention to a bunch of details. That's why we recommend a "holistic" approach. Consider all areas of the WHOLE house that affect energy efficiency and address the interaction between you, your property, climate, and other components of your home.

To break it down, focus

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The June 2015 RMLS Market Action came out this evening, and we think it foretells a continuing hot real estate market in the Portland metropolitan area.

First, the pretty pictures: the first graph compares active listings at the end of each month (gray bars) to total closed sales for that month (black bars). Dividing active listings by closed sales gives you months inventory (red line), a measure that has proven to be a very good indicator of short-term price trends. When months inventory is low, prices go up; when high, prices go down, or at least stagnate. The conventional wisdom is that six months inventory represents a balanced market.

For the record, we think the conventional wisdom is wrong. A slightly lower level is balanced. Regardless,

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portland first time home buyersHey, we TOTALLY get it! Having your own house now is way cool! You finally get to make your own decisions and do things your OWN way. Awesome! And 'cuz we know this is a big responsibility (no stress, right?) we've made you this list of stuff to be SURE to do the first year you're in your new home. Enjoy!  

    1. Politely decline your family's hand-me-down furniture. Instead, spend countless hours searching for really cheap stuff on Craigslist that you can up-cycle and refurbish to match your style and unique decorative charm. On the other hand...go crazy at IKEA and get every possible combination of the Expedits system.

    2.  Add eight different color swatches all over the walls then wait six months or longer to actually paint because you want to see how
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It was the best of times. It was the worst of times. But I don't think even Dickens could have imagined the roller coaster our housing market has been on the last few years.

Last Tuesday Case-Schiller released its Home Price Indices for April 2015. The raw numbers: Portland up 1.72% over March 2015, 7.11% over April 2014. The 20 City Composite Index, which includes Portland, up 1.03% over March 2015, 4.92% over April 2014.

Comparing Portland to our West Coast neighbors provides some interesting insights. Portland is up 37% from its low point in March 2012, roughly the same as Seattle, yet half that of San Francisco, which is up 79% from its low point in February 2012.

On the other hand, Portland has recovered 95% of it July 2007 peak value,

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You won't want to miss out on any of the festivities this year. Starting this week, fireworks, parades and rodeos kick off Independence Day in the Portland area with the biggest and best saved for the Fourth on Wednesday. Here's our list. Let us know what we missed.

Oregon Coast

  • The Northern Oregon Coast is getting ready for the 4th of July with many events planned this year! For a complete list visit www.beachconnection.net

Portland/Vancouver Metro Area

  • Waterfront Blues Festival, July 2th - 5th, fireworks July 4th at 10:00pm – The largest Blues festival on the west coast and 2nd largest in the nation benefits the Oregon Food Bank. www.waterfrontbluesfest.com
  • Fort Vancouver - The biggest fireworks show west of the Mississippi.
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