Portland Metro Weekend Event Planner: February 24-26, 2017

PORTLAND METRO WEEKEND EVENTS PLANNER
FOR FEBRUARY 24-26, 2017

 

PORTLAND SPRING HOME & GARDEN SHOW
THURS-SUN – For the latest ideas and products at show-only prices, don’t miss the largest home & garden event in the Northwest.

WURSTFEST
FRI-SAT – Celebrate Mount Angel’s German heritage at Wurstfest, where you will find the best handcrafted German sausages as well as local and German beers. Enjoy other great food, live German music, dancing, games and demonstrations.

BLACKOUT BEER FEST
SAT – Featuring 25 rotating dark beers, including porters, stouts, coffee beers and black IPAs, from Lompoc and more than 20 guest breweries from around the Northwest.

BREWSTILLERY FESTIVAL
SAT – Join over 35 breweries/distillery’s for the 3rd annual Brewstillery Festival.

POLAR PLUNGE
SAT – The Polar Plunge is a unique opportunity for individuals, organizations, and businesses to support Special Olympics Oregon athletes by jumping, walking or slowly crawling into the frigid and icy Oregon waters.

PORTLAND INTERNATIONAL FILM FESTIVAL
Through SAT – See over 140 international short films and feature films.

SWAN LAKE
Through SAT – The sublime transcendence of choreography that has been passed down generation after generation is unmatched, and the music of Tchaikovsky is never more attuned to the struggles of the heart than in this poignant work.

PORTLAND JAZZ FESTIVAL
Through SUN – Celebrating the collective of Jazz greats Dizzy Gillespie, Thelonious Monk, Buddy Rich and many more. Featuring 100 performances by jazz legends and local acts.

PORTLAND INTERNATIONAL FILM FESTIVAL
Through SAT – See over 140 international short films and feature films.

FOOD TRUCK FEBRUARY
Through TUES – 3rd annual Food Truck February at Pioneer Courthouse Square. Check out who’s there today!

FRIDAY DANCE PARTY
FRI – Giant music videos, colorful lights, and pounding music await you at the ’80s Video Dance Attack in Lola’s Room or McMenamins Crystal Ballroom for age 21+. Discount tickets $6 for two people.

FLASHBACK DANCE CRUISE
SAT – Gather your crew & rock your best retro threads from the 70’s, 80’s and 90’s! Get on the dance floor as our DJ’s play the hits of decades gone by.

SLEEPING BEAUTY
Through SUNThe Tale of Sleeping Beauty is one the world’s oldest and most revered fairy tales, and it has just been hijacked by a company of crazy bird puppets. Making their NWCT Mainstage debut, these feathered friends will stop at nothing in their quest to seize the spotlight and re-write history.

URBAN SCAVENGER HUNT
ALL MONTH  Smartphone clues lead you on a fun & engaging walking tour of the city. Clues start you in the heart of downtown at Pioneer Courthouse Square and will take you on a scavenger hunt through the Arts District, on a streetcar ride and among the famous food carts.

SHANROCK’S TRIVIOLOGY
ALL MONTH – Various Portland Locations: Triviology pub quizzes are free to play, last a couple of hours, and are composed of seven short rounds, giving teams instant gratification for their efforts. Team size can range from one to five players, with prizes for everyone on the winning team.

HAUNTED PUB TOUR
All Month – This spine-tingling ghost tour explores Portland’s historic Old Town District, a vibrant area with beautiful 1800’s buildings, cobblestone streets and a wicked past.

PORTLAND ESCAPE ROOMS
All Month THURS-SUNCedar Hills/Beaverton Locations: Real-life room escape games are a type of physical adventure game in which people are locked in a room with other participants and have to use elements of the room to solve a series of puzzles, find clues, and escape the room within a set time limit.

 

VANCOUVER METRO EVENTS

LANTERN TOUR: AN EVENING AT THE FORT
SAT – Visitors are treated to historical vignettes in each building as a park ranger guides them through the reconstructed fort.

WAITING IN THE WINGS
Through SAT – This rarely produced Noel Coward play, directed by Jaynie Roberts, is Magenta Theater’s first main stage production for the 2017 season.

OPEN SATURDAY AT PEARSON AIRBASE
SAT – Free educational experience, Flight Simulator lab, vertical wind tunnel, a glider-building station, historic airplanes on-site for viewing, collections on display, and educational programs to propel students of all ages.

NEW MOVIES OUT THIS WEEK
·         Get Out
·         Rock Dog
·         Year by the Sea
·         Bitter Harvest
·         Erasing Eden
·         Fabricated City
·         Tulip Fever
·         Voodoo

Click here for movie times and theaters.

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

For a monthly online listing of upcoming Portland metro events, click here.


This Week in Real Estate: February 21, 2017

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Favorable news This Week in Real Estate with respect to new construction permits as well as mortgage applications for new homes fuels optimism for this sector in the coming months. Below are a few highlights from the second week of February that influence our business:

* Commerce Department: Home-Building Down in January, but Permits Up. Home-building overall stalled in January, but more permits indicate construction will pick up in the months ahead. Single-family construction rose 1.9 percent in January to a rate of 823,000, up from 808,000 in December, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Privately-owned construction fell 2.6 percent to a rate of 1,246,000, down from 1,279,000 in December – though 10.5 percent higher than the January 2016 rate of 1,128,000. “Today’s reported decline in housing starts and completions weren’t statistically significant, but the big increase in permits was a good sign that we are on track for more much-needed new construction in the months to come,” says Joseph Kirchner, senior economist at realtor.com. “For the housing market as a whole, this means we are seeing a continuing increase in permitting and starts, but not yet completions,” Kirchner says. “Eventually, the permits will turn to starts and completions – the question is whether this will occur prior to the spring market.” Permits for privately-owned housing in January rose 4.6 percent from December to a rate of 1,285,000, an 8.2 percent increase from January 2016 – movement that lays the groundwork for future construction. The National Association of Home Builders anticipates a 10 percent increase in single-family construction in 2017, and a 12 percent increase in 2018.
Full Story… http://rismedia.com/2017/02/16/commerce-department-home-building-down-january-permits-up/?utm_source=newsletter&utm_medium=email&utm_campaign=eNews

* January New Home Purchase Mortgage Applications Increased 9.2 Percent Year Over Year. The Mortgage Bankers Association (MBA) Builder Application Survey data for January 2017 shows mortgage applications for new home purchases increased 9.2 percent compared to January 2016. Compared to December 2016, applications increased by 22 percent relative to the previous month. “As house prices continue to rise and inventories of homes available for sale remain low, it is not surprising that mortgage applications for new homes in January came in higher than a year ago,” said Lynn Fisher, MBA’s Vice President of Research and Economics. “Alongside relatively low supply, rising household incomes and favorable demographics should continue to bolster demand for new homes, despite rising interest rates, leading to modest growth in new home sales this year.” By product type, conventional loans composed 67.2 percent of loan applications, FHA loans composed 18.6 percent, RHS/USDA loans composed 1.1 percent and VA loans composed 13 percent.
Full Story…  https://www.mba.org/2017-press-releases/february/january-new-home-purchase-mortgage-applications-increased-92-percent-year-over-year

* New Single-Family Home Size Trends. After increasing and leveling off in recent years, new single-family home size continued along a general trend of decreasing size during the fourth quarter of 2016. This ongoing change marks a reversal of the trend that had been in place as builders focused on the higher end of the market during the recovery. According to fourth quarter 2016 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area was slightly higher at 2,453 square feet. Average square footage for new single-family homes increased to 2,661 square feet. Typical new home size falls prior to and during a recession as some home buyers tighten budgets, and then sizes rise as high-end homebuyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.
Full Story… http://eyeonhousing.org/2017/02/new-single-family-home-size-trends/

Have a productive week!
Jason

 


This Week in Real Estate: February 5, 2017

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CoreLogic released data This Week in Real Estate that suggests the real estate market has completely recovered from the “boom-bust” cycle that started a dozen years ago. In other news this week, the Federal Reserve decided not to increase the federal funds rate. Below are a few highlights from the last week of January and the first few days of February that influence our business:
 
* Case-Shiller: Housing Market Now Officially, Completely Recovered. According to the latest data released Tuesday by S&P Dow Jones Indices and CoreLogic, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. census divisions, increased 5.6% annually. “With the S&P CoreLogic Case-Shiller National Home Price Index rising at about 5.5% annual rate over the last two-and-a-half years and having reached a new all-time high recently, one can argue that housing has recovered from the boom-bust cycle that began a dozen years ago,” said David Blitzer, S&P Dow Jones Indices managing director and chairman of the Index Committee. “The recovery has been supported by a few economic factors: low interest rates, falling unemployment, and consistent gains in per-capita disposable personal income.” Seattle, Portland, and Denver reported the highest annual gains among the top 20 cities for each of the past 10 months.
 
* U.S. Distressed Sale Share Drops to Nine-Year Low in 2016, U.S. Home Sellers in 2016 Realized Biggest Average Profits Since 2007, 44% of Markets Reached New All-Time Home Price Peaks in 2016. ATTOM Data Solutions released its Year-End 2016 U.S. Home Sales Report on Thursday, which shows 16.2 percent of single family home and condo sales in 2016 were distressed sales – bank-owned sales, short sales or foreclosure auctions – down from 18.8 percent of all sales in 2015 to the the lowest level since 2007. “The housing market hit several important milestones in 2016, with distressed sales at a nine-year low and home prices at a 10-year high, just barely below the pre-recession peak in 2006,” said Daren Blomquist, senior vice president at ATTOM Data Solutions. “This was all good news for home sellers, who realized their biggest average profits since purchase nationwide in 2016. Even distressed property sellers are benefitting from this hot seller’s market, with a record-high share of homes at foreclosure auction being purchased by third-party buyers rather than reverting back to the foreclosing bank.” Homeowners who sold in 2016 realized an average home price gain since purchase of $38,206, which translated into an average 21 percent gain since purchase, up from an average 13 percent gain in 2015 to the highest since 2007, a nine-year high. Among 201 Metropolitan statistical areas with a population of at least 200,000 and sufficient home price data, 89 metro areas (44 percent) reached new all-time home price peaks in 2016. Nationwide home sales to all-cash buyers represented 28.3 of all home sales in 2016, the lowest level since 2007 – a nine-year low.
 
* Federal Open Market Committee January/February Meeting – No News is Good News. The Federal Open Market Committee (FOMC), the monetary policy arm of the Federal Reserve System, concluded its two-day meeting and released a statement announcing no change in the target range for the federal funds rate. The current 50-75 basis point range was expected to be maintained following this first meeting since the December meeting, at which the target range for the funds rate was raised for only the second time since the financial crisis. The pace of rate increases is expected to accelerate. Among FOMC participants, the median projection of the “appropriate” level for the funds rate indicates three rate increases by the end of 2017. The CME Group’s FedWatch Tool indicates the FOMC meeting in June is currently the most popular bet for the next increase. With payroll gains steady, the unemployment rate below 5% and inflation grudgingly moving toward the Fed’s 2% target, economic conditions are right for a faster pace for monetary policy normalization, but the mantras of “only gradual increases” and “below levels expected to prevail in the longer run” still apply. 

Have a productive week,
Jason


Portland Metro Weekend Events Planner: Feb.3-5, 2017

PORTLAND METRO WEEKEND EVENTS PLANNER
FOR FEBRUARY 3-5, 2017

 

CHINESE NEW YEAR
Through February 12 – Learn more about Chinese New Year, the most colorful and joyous of all Chinese festivals during Lan Su’s two-week celebration. Lion dances, cultural performances, martial arts, calligraphy, family-friendly craft activities, and much more!

SEAFOOD & WINE FESTIVAL
FRI-SAT – Enjoy some of Oregon’s best wines while indulging in all the fresh coastal seafood and culinary delights. Fun for the whole family with face painters, balloon artists, and more!

PSYCHEDELICSTONEROCKMICROFEST
FRI-SAT – While psychedelic music covers a range of styles and genres, it is inspired by psychedelic culture and the attempt to replicate the mind altering experiences that started in mid-’60s folk rock and blues. Sabertooth celebrates the historical role the Crystal Ballroom played through previous half-century of psychedelic music.

HO-IKE
SAT – An authentic showcase of Hawaiian culture, food and a night of hula performances. Proceeds raised, combined with sponsorships received, are used towards giving back to the community by way of engaging workshops, a Hawaiian summer camp for keiki.

RAPTOR ROAD TRIP
SAT – Enjoy guided bird viewing, meet live raptors, and see hawk identification displays. Free hot drinks and donuts in the morning.

PORTLAND CENTER STAGE, ASTORIA: PART 1
Through February 12 – A World Premiere! This monumental piece of American history will be told in two parts over the course of two seasons. Part One is about the journey to Astoria and Part Two is about the establishment of Astoria, the first permanent United States settlement on the West Coast.

FILM & MUSIC FESTIVAL
Through SUN – Reel Music Festival screens new films and timeless classics with a music theme at Portland Art Museum.

FRIDAY DANCE PARTY
Through February 24 – Giant music videos, colorful lights, and pounding music await you at the ’80s Video Dance Attack in Lola’s Room or McMenamins Crystal Ballroom for age 21+. Discount tickets $6 for two people.

SLEEPING BEAUTY
Through February 26The Tale of Sleeping Beauty is one the world’s oldest and most revered fairy tales, and it has just been hijacked by a company of crazy bird puppets. Making their NWCT Mainstage debut, these feathered friends will stop at nothing in their quest to seize the spotlight and re-write history.

MURDER MYSTERY
Through February 8 – Based on a novel by Agatha Christie, Murder on the Nile is a whodunit set on a honeymoon cruise down the Nile River at Lakewood Center for the Arts in Lake Oswego. Discount tickets $16.

URBAN SCAVENGER HUNT
ALL MONTH  Smartphone clues lead you on a fun & engaging walking tour of the city. Clues start you in the heart of downtown at Pioneer Courthouse Square and will take you on a scavenger hunt through the Arts District, on a streetcar ride and among the famous food carts.

SHANROCK’S TRIVIOLOGY
ALL MONTH – Various Portland Locations: Triviology pub quizzes are free to play, last a couple of hours, and are composed of seven short rounds, giving teams instant gratification for their efforts. Team size can range from one to five players, with prizes for everyone on the winning team.

HAUNTED PUB TOUR
All Month – This spine-tingling ghost tour explores Portland’s historic Old Town District, a vibrant area with beautiful 1800’s buildings, cobblestone streets and a wicked past.

PORTLAND ESCAPE ROOMS
All Month THURS-SUNCedar Hills/Beaverton Locations: Real-life room escape games are a type of physical adventure game in which people are locked in a room with other participants and have to use elements of the room to solve a series of puzzles, find clues, and escape the room within a set time limit.

 

VANCOUVER METRO EVENTS

OPEN SATURDAY AT PEARSON AIRBASE
SAT – Free educational experience, Flight Simulator lab, vertical wind tunnel, a glider-building station, historic airplanes on-site for viewing, collections on display, and educational programs to propel students of all ages.

FIRST FRIDAY DOWNTOWN
FRI – Participating art galleries, merchants, and restaurants open their doors to celebrate opening night of various art exhibits. Live music and citywide receptions welcome all in downtown Vancouver!

CAMAS FIRST FRIDAY
FRI – “A Chocolate Affair to Remember.” Held in charming, historic downtown Camas and hosted by the DCA and the downtown merchants, Camas First Fridays are monthly themed passport events featuring games, art, dining, and after hours shopping.

NEW MOVIES OUT THIS WEEK
·         The Space Between Us
·         Eloise
·         Don’t Knock Twice
·         Bunyan & Babe
·         The Grace of Jake
·         Rings
·         Wheeler
·         The Comedian

Click here for movie times and theaters.

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

For a monthly online listing of upcoming Portland metro events, click here.


10 Small Towns in Oregon That Are Great to Call Home

People may want to visit Oregon for its bigger cities, like Portland, but they want to live in Oregon for its smaller towns. No doubt due to the charm they all possess. Residents will gladly tell you that their town is the best, but in reality, all of Oregon’s smaller communities would be lovely to live in. Here are ten small towns in Oregon that are great to call home.

10. Lexington

Lexington Oregon

Located n Morrow County, Lexington is home to around 300 people. Named after the town of Lexington in Kentucky, it is best known for sheep and cattle ranching along wth wheat farming. You’ll find this small town between the Columbia River and the Blue Mountains, along Oregon Route 74.

9. Riverside

riverside golf club

With a population of around 200, Riverside is a tiny town in Umatilla County. It is part of the Pendleton-Hermiston Micropolitan Statistical Area, with a total area of 0.6 square miles. The quiet of this peaceful place is a welcome change from the big cities located across the state.

8. Kirkpatrick

Also located in Umatilla County, and with a population of around 200, Kirkpatrick is another calm and undisturbed town to call home. The best part about living in Kirkpatrick is the tight-knit community, where everyone knows one another and helps each other out.

7. Idaville

idaville

The unincorporated community of Idaville is located in Tillamook County. Located on the coast, yet still in close proximity to Portland, it’s a great escape from the hustle and bustle without venturing too far away from the city.

6. Imbler

imbler oregon

Imbler is a city in Union County, just outside of Summerville along Oregon Route 82, with a population of about 300. Picturesque and serene, the mountain views and long stretches of land make Imbler a beautiful place to call home.

5. Rivergrove

river grove

With a population of about 400, Rivergrove is located in Clackamas County and Washington County. It has become a desired place to live in the past few years due to its forested setting and large residential lots.

4. Barlow

barlow oregon

Also located in Clackamas County, Barlow is a small town with a population of only around 150. The railroad was built through Barlow, and the main line of the Union Pacific Railroad still runs through the community. It has a total area of only 0.05 square miles.

3. Wasco

Wasco

Wasco is a city in Sherman County, with a population of around 400. The agricultural and wind power industries are prominent around Wasco and the region boasts a warm-summer Mediterranean climate. The Wasco State Airport is one mile east of this small town.

2. St. Paul

St paul rodeo

Located in Marion County, St. Paul has a population of about 450, and is part of the Salem Metropolitan Statistical Area. The St. Paul Rodeo has been held here every 4th of July since 1935, and the St. Paul Historic District was listed on the National Register of Historic Places.

1. Jeffers Garden

jeffers garden

With a population of about 400, Jeffers Garden is a small unincorporated community in Clatsop County, on the Lewis and Clark River. It’s one of the most charming and quaint places in the whole state and boasts beautiful sunsets every single day.


This Week in Real Estate: January 30, 2017

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The National Association of Realtors reported This Week in Real Estate that 2016 recorded the highest number of existing-home sales since 2006. Below are a few highlights from the fourth week of January that influence our business:

* Consumer Confidence Hits Highest Level in 12 Years. Consumers are now more confident in the economy than they have been in the previous 12 years. The Index of Consumer Sentiment increased 0.3% from December to 98.5 in January. This marks an increase of 7.1% from January of last year. “Consumers expressed higher level of confidence January than any other time in the last dozen years,” Surveys of Consumers Chief Economist Richard Curtin said. “The post-election surge in confidence was driven more a more optimistic outlook for the economy and job growth during the year ahead as well as more favorable economic prospects over the next five years.” “Consumers also reported much more positive assessments of their current financial situation due to gains in both incomes and household wealth, and anticipated the most positive outlook for their personal finances in more than a decade,” Curtin said. The Index of Consumer Expectations also increased by 0.9% from last month’s 89.5 and up 9.2% from 82.7 last year to 90.3 in January.

Full Story… http://www.housingwire.com/articles/39057-consumer-sentiment-hits-highest-level-in-12-years?eid=322520585&bid=1648380

* 2016 Sales Best Since 2006. Existing-home sales had a banner 2016, amounting to 5.45 million sales and surpassed the 5.25 million sales in 2015 as the highest since 2006 (6.48 million), according to the National Association of Realtors (NAR). “Solid job creation throughout 2016 and exceptionally low mortgage rates translated into a good year for the housing market,” says NAR Chief Economist Lawrence Yun. “The inventory of homes for sale fell to the lowest level in the 17 years for which data is available,” Nationwide Chief Economist David Berson said. “Looking at just single-family sales, the inventory of home for sale dropped to the second lowest level in the nearly 34 years for which data is available.” “This low level of inventories has two significant impacts: it reduces the number of sales as there are fewer homes to be purchased and it pushes up re-sale prices, with the median sales price of existing homes sold up by 5.5% in 2016 – the fifth consecutive year in which prices rose by more than 5%,” Berson said. “Given current population and economic growth trends, housing starts should be in the range of 1.5 million to 1.6 million completions and not stuck at recessionary levels. More needs to be done to address the regulatory and cost burdens preventing builders from ramping up production,” Yun said.

Full Story…  https://www.nar.realtor/news-releases/2017/01/existing-home-sales-slide-in-december-2016-sales-best-since-2006

* Sold Out: These 10 U.S. Cities Have The Biggest Housing Shortages. Increasingly across the U.S., there just aren’t enough homes being listed to meet demand. For the past 28 months, the housing market has been defined not just by demand, but also by the shrinking number of available homes for sale. First-time buyers are especially hard hit as housing shortages drive up prices. Realtor.com recently took a look at the 150 largest housing markets in the U.S., studying the proportion of homes available for sale in each city. These numbers were then compared to 2015-2016 percentages. Half of the top 10 lowest inventory markets are concentrated on the West Coast, with the other half composed mostly mid-sized midwestern cities. “More than two-thirds of the markets are seeing less inventory now compared to a year ago,” said Jonathan Smoke, chief economist at Realtor.com. Seattle took the cake with just 0.4 percent of the city’s homes up for sale, a decrease of 13.4 percent from 2016. Eugene, Oregon is next on the list with just 0.6 percent of homes on the market at an inventory decrease of 27.3 percent from last year. Sacramento, Portland and Santa Rosa also broke the top 10.

Full Story… http://www.realtor.com/news/trends/top-10-housing-markets-constrained-by-tight-inventory/?aid=11921783&pid=7597981&cid=aff_cj_rdcandrental_allaffiliates_cj

Have a productive week,
Jason


Portland Metro Weekend Events Planner: January 27-29, 2017

PORTLAND METRO WEEKEND EVENTS PLANNER
FOR JANUARY 27-29, 2017

 

PORTLAND RENOVATION AND LANDSCAPE SHOW
FRI-SUNOffering exhibits, seminars, demonstrations, and other activities related to design and renovation. Exhibitors will showcase everything for the home, including the latest in cabinetry and countertops, flooring, sunrooms and additions, basement finishing, waterproofing, smart home automation, and energy efficient windows, as well as exterior products.  

PORTLAND INTERNATIONAL AUTO SHOW
Through SUN – Check out the newest models, take test drives, explore the tech center or Blazer kid’s camp, enter to win a 2017 Volkswagen Alltrack, and so much more! 

THE GREAT TRAIN SHOW
SAT-SUN – The only coast-to-coast traveling train show, with events in dozens of major cities across the country. Each show features hundreds of tables of trains for sale, huge operating displays, activities for kids and more.

INTERNATIONAL CAT SHOW
FRI-SUN – Watch over 50 breeds of cats compete! Bring canned food to support the Oregon Food Bank to get a discounted entry.

PORTLAND’S RAIN OF GLASS SALE
SAT-SUN – Shop for beautiful glass items, antiques, and collectables at the Washington County Fairgrounds

TRUFFLE FESTIVAL
Through SUN – Hear speakers and enjoy fine dining at the Oregon Truffle Festival, in Portland Jan. 20-22; Eugene Jan. 26-29. Some events will sell out.

FERTILE GROUND ARTS FESTIVAL
Through SUN – This city-wide festival is focused on new work in the Arts. It features world-premiere projects, staged readings, developing works and a myriad of other arts events from the Portland creative community.

PORTLAND CENTER STAGE, ASTORIA: PART 1
Through February 12 – A World Premiere! This monumental piece of American history will be told in two parts over the course of two seasons. Part One is about the journey to Astoria and Part Two is about the establishment of Astoria, the first permanent United States settlement on the West Coast.

EMILY DICKINSON PLAY
Through SUN – Set in her Amherst home, The Belle of Amherst tells the story of reclusive poet Emily Dickinson through her words, poetry, diaries, and letters in Milwaukie. Discount tickets $10.

FILM & MUSIC FESTIVAL
Through February 5 – Reel Music Festival screens new films and timeless classics with a music theme at Portland Art Museum.

FRIDAY DANCE PARTY
Through February 24 – Giant music videos, colorful lights, and pounding music await you at the ’80s Video Dance Attack in Lola’s Room or McMenamins Crystal Ballroom for age 21+. Discount tickets $6 for two people.

MURDER MYSTERY
Through February 8 – Based on a novel by Agatha Christie, Murder on the Nile is a whodunit set on a honeymoon cruise down the Nile River at Lakewood Center for the Arts in Lake Oswego. Discount tickets $16.

URBAN SCAVENGER HUNT
ALL MONTH  Smartphone clues lead you on a fun & engaging walking tour of the city. Clues start you in the heart of downtown at Pioneer Courthouse Square and will take you on a scavenger hunt through the Arts District, on a streetcar ride and among the famous food carts.

SHANROCK’S TRIVIOLOGY
ALL MONTH – Various Portland Locations: Triviology pub quizzes are free to play, last a couple of hours, and are composed of seven short rounds, giving teams instant gratification for their efforts. Team size can range from one to five players, with prizes for everyone on the winning team.

HAUNTED PUB TOUR
All Month – This spine-tingling ghost tour explores Portland’s historic Old Town District, a vibrant area with beautiful 1800’s buildings, cobblestone streets and a wicked past.

PORTLAND ESCAPE ROOMS
All Month THURS-SUNCedar Hills/Beaverton Locations: Real-life room escape games are a type of physical adventure game in which people are locked in a room with other participants and have to use elements of the room to solve a series of puzzles, find clues, and escape the room within a set time limit.

 

VANCOUVER METRO EVENTS

OPEN SATURDAY AT PEARSON AIRBASE
SAT – Free educational experience, Flight Simulator lab, vertical wind tunnel, a glider-building station, historic airplanes on-site for viewing, collections on display, and educational programs to propel students of all ages.

CLARK COLLEGE JAZZ FESTIVAL
THURS-SAT – One of the largest jazz festivals in Southwest Washington for over 50 years! Groups perform to an esteemed panel of adjudicators for the privilege of returning for the evening finals competition.

ROCKY HORROR PICTURE SHOW
SATThe Rocky Horror Picture Show will be shown on a screen as actors perform along with the movie, and audience participation is encouraged!

NEW MOVIES OUT THIS WEEK
· A Dog’s Purpose
· Resident Evil: The Final Chapter
· Renegades
· Lost in Florence
· Sophie and the Rising Sun
· Midsummer in Newtown

Click here for movie times and theaters.

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

For a monthly online listing of upcoming Portland metro events, click here.


This Week in Real Estate: January 23, 2017

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Favorable year-over-year increase in single-family construction starts were reported This Week in Real Estate while the National Association of Home Builders expects a 10 percent growth in single-family construction in 2017. Below are a few highlights from the third week of January that influence our business:

* Builder Confidence Holds Firm in January. Builder confidence in the market for newly-built single-family homes remained on firm ground in January, down two points to a level of 67 from a downwardly revised December reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The solid reading is consistent with building expectations heading into the new year. NAHB expects 10 percent growth in single-family construction in 2017, adding to the gains of 2016. However, ongoing industry concerns include rising mortgage interest rates as well as a lack of lots and access to labor. The HMI rose sharply in December as the election results raised hopes among builders that a new Congress and administration will help create a better business climate for small businesses, particularly with respect to improving regulatory costs, which increased more than 29% over the last five years. Looking at the three-month moving averages for regional HMI scores, the Northeast rose two points to 52 and the Midwest posted a three-point gain to 64. The South and West each held steady at 67 and 79, respectively.

Full Story… http://eyeonhousing.org/2017/01/builder-confidence-holds-firm-in-january-2/

* Single-Family Housing Starts Up 9% in 2016. For 2016 as a whole, single-family construction improved 9.3% over the 2015 level of starts. And as measured on a three-month moving average, single-family starts are at a post-cycle high. This increase is consistent with the recent growth in the NAHB/Wells Fargo measure of single-family builder confidence. Single-family permits also point to more growth in 2017. Single-family permits grew 4.7% in December, reaching an annual rate of 817,000, the fastest pace in the current cycle. Total starts were up 11.3% in December, rising to a 1.226 million seasonally adjusted annual rate. Focusing on housing’s economic impact, in December 57% of homes under construction were multi-family (604,000). This multifamily count is 8% higher than a year ago. There were 450,000 single-family units under construction, a gain of 7% from this time in 2015. This is the highest count of single-family units under construction since 2008.

Full Story…  http://eyeonhousing.org/2017/01/single-family-housing-starts-up-9-in-2016/

* Ellie Mae: Closing Rates in December Hit Highest Point For The Year. Closing rates for all loans in December hit their highest point of 2016, according to Ellie Mae’s Origination Insight Report. Closing rates for all loans increased to 73.2% in December. While refinance closing rates increased from 68.7% in November to 69.6%, purchase closing rates increased from 76.1% in November to 77% in December. As more loans closed, the market also shifted slightly away from refinances and towards purchase loans. With the increase in interest rates, the total number of refi originations shrank to 46% in December, down from 47% the previous month. But the purchase origination market remained strong, increasing from 54% of all closed loans. “As rates began to increase we saw purchases tick back up in December, signaling the start of a trend we expect to continue into 2017,” Ellie Mae president and CEO Jonathan Corr said. The time to close a loan continued to increase in December, increasing from 49 days in November to December’s 50 days. Time to close a refinance increased to 52 days while time to close a purchase loan increased to 48 days, both an increase of one day from the previous month. Average FICO scores slipped to 726 from 728 in November. Conventional purchase FICO scores held steady at 753 for the third month in a row while conventional refis decreased from 743 in November to 739 in December. FHA purchase FICOs also stayed the same at 686 and refinance FICO scores increased one point to 655 in December.

Full Story… http://www.housingwire.com/articles/38984-ellie-mae-closing-rates-in-december-hit-highest-point-for-the-year?eid=322520585&bid=1639858

Have a productive week,
Jason


Portland Metro Weekend Events Planner: January 20-22, 2017

PORTLAND METRO WEEKEND EVENTS PLANNER
FOR JANUARY 20-22, 2017

 

CHOCOLATE & WINE FESTIVAL
FRI-SUN – Sample local and international chocolates and wine, and see chocolate presentations at ChocolateFest in the Oregon Convention Center.

JAPANESE NEW YEAR
THURSJapanese New Year Celebration (Shinnenkai) includes New Year’s foods (osechi), sushi, dessert, beer, sake, and traditional music at Montgomery Park.

TRUFFLE FESTIVAL
FRI through January 29 – Hear speakers and enjoy fine dining at the Oregon Truffle Festival, in Portland Jan. 20-22, and Eugene Jan. 26-29. Some events will sell out.

ROSE CITY CLASSIC DOG SHOW
Through January 22 – One of the largest and most popular dog events in the United States. Spanning 5 days, it starts with Individual Breeds and Group (all Terrier breeds, e.g.) with specialty shows on Wednesday. This is followed by 4 days of all-breed dog shows, representing more than 185 individual breeds.

FERTILE GROUND ARTS FESTIVAL
Through January 29 – This city-wide festival is focused on new work in the Arts. It features world-premiere projects, staged readings, developing works and a myriad of other arts events from the Portland creative community.

KIDS MUSIC SHOW & DANCING
SUN – Enjoy this variety show designed for children and their companion parents at the Crystal Ballroom. The afternoon starts with parent networking, with a play area and other hands-on activities for the kids. Then DJ Anjali warms up the kids with dancing. Afterwards, skits and life-size puppets alternate with musical acts.

PORTLAND CHARITY WEDDING DRESS DASH
SATBrides for a Cause and Z100 are hosting the 4th annual Dress Dash. Get discounted wedding dresses for only $150!

PORTLAND CENTER STAGE, ASTORIA: PART 1
Through February 12 – A World Premiere! This monumental piece of American history will be told in two parts over the course of two seasons. Part One is about the journey to Astoria and Part Two is about the establishment of Astoria, the first permanent United States settlement on the West Coast.

EMILY DICKINSON PLAY
Through January 29 – Set in her Amherst home, The Belle of Amherst tells the story of reclusive poet Emily Dickinson through her words, poetry, diaries, and letters in Milwaukie. Discount tickets $10.

FILM & MUSIC FESTIVAL
Through February 5 – Reel Music Festival screens new films and timeless classics with a music theme at Portland Art Museum.

FRIDAY DANCE PARTY
Through February 24 – Giant music videos, colorful lights, and pounding music await you at the ’80s Video Dance Attack in Lola’s Room or McMenamins Crystal Ballroom for age 21+. Discount tickets $6 for two people.

MURDER MYSTERY
Through February 8 – Based on a novel by Agatha Christie, Murder on the Nile is a whodunit set on a honeymoon cruise down the Nile River at Lakewood Center for the Arts in Lake Oswego. Discount tickets $16.

URBAN SCAVENGER HUNT
ALL MONTH  Smartphone clues lead you on a fun & engaging walking tour of the city. Clues start you in the heart of downtown at Pioneer Courthouse Square and will take you on a scavenger hunt through the Arts District, on a streetcar ride and among the famous food carts.

SHANROCK’S TRIVIOLOGY
ALL MONTH – Various Portland Locations: Triviology pub quizzes are free to play, last a couple of hours, and are composed of seven short rounds, giving teams instant gratification for their efforts. Team size can range from one to five players, with prizes for everyone on the winning team.

HAUNTED PUB TOUR
All Month – This spine-tingling ghost tour explores Portland’s historic Old Town District, a vibrant area with beautiful 1800’s buildings, cobblestone streets and a wicked past.

PORTLAND ESCAPE ROOMS
All Month THURS-SUNCedar Hills/Beaverton Locations: Real-life room escape games are a type of physical adventure game in which people are locked in a room with other participants and have to use elements of the room to solve a series of puzzles, find clues, and escape the room within a set time limit.

VANCOUVER METRO EVENTS

OPEN SATURDAY AT PEARSON AIRBASE
SAT – Free educational experience, Flight Simulator lab, vertical wind tunnel, a glider-building station, historic airplanes on-site for viewing, collections on display, and educational programs to propel students of all ages.

CLARK COUNTY ANTIQUE & COLLECTIBLE SHOW
SAT-SUN – The show returns with many thousands of outstanding vintage items ranging from period lighting to estate jewelry and everything in between. If you are a treasure hunter, decorator, collector or just like to find pieces from your past, the Clark County Antique & Collectible Show is for you.

VANCOUVER SYMPHONY ORCHESTRA
SAT – Audiences will be treated to masterpieces of Baroque, Classical and Romantic eras composed by three of the most significant composers of all time–Bach, Beethoven and Brahms.

NEW MOVIES OUT THIS WEEK
·  Monster Trucks
·  XXX: The Return of Xander Cage
·  The Resurrection of Gavin Stone
·  Trespass Against Us
·  The Founder
·  The Red Turtle
·  Split
·  Detour
·  Faith’s Song

Click here for movie times and theaters.

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

For a monthly online listing of upcoming Portland metro events, click here.


10 Things Only People Who Went to Oregon Will Understand

Located in Eugene, the University of Oregon has a rich history and a stellar reputation. And if you’re lucky enough to be a part of the UO alumni, you’re very proud to be a Duck. Here are ten things that only people who went to the University of Oregon will understand.

10. You Were Wet All the Time

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You’ve become accustomed to showing up to class soaking wet because there’s no way to avoid the rain in Oregon. Even if you owned an umbrella you still found yourself forgetting it most days. But it was always fine, because everyone else in your class would be in the same boat as you.  

9. Munchin’ Out with Late Night Eats

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If you were hungry late at night, you wouldn’t think twice before heading to Prince Puckler’s for some ice cream. If you were hungry after 11:00pm, you gladly settled for a burrito at Burrito Boy.

8. You’re a True Steve Prefontaine Fan

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Track star and Olympian Steve Prefontaine will always be a hero in your eyes. Not only because he attended UO, but also because he was born in Oregon and died in Oregon.  

7. Oregon Games, Especially the Tailgating

Via Andrew Seng/Emerald

You know that if you attend the University of Oregon, you have to be prepared to take tailgating seriously. It was the best part of any game day, getting together with your friends and fellow students in the parking lot to eat, drink, and cheer on the Ducks.

6. Avoiding The Collier House at All Costs

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You never went into the Collier House because you were 99% sure a ghost lived there. Located in the middle of campus, the Collier House is abandoned, run-down, and is by far the most haunted looking building in Eugene.  

5. Power Walking Through the Pioneer Cemetery

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Speaking of ghosts, having to walk through the Pioneer Cemetery every day to get to your classes was the creepiest part of attending the University of Oregon, and it’s one thing you definitely do not miss.

4. Waiting in Line at Lillis Café

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Lillis Café was your go-to spot for years, if you could find a free table. It is still always filled with students who are trying to get their caffeine fix before rushing off to their next class.

3. Nike Was More Than a Company

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Phil Knight and Bill Bowerman both graduated from the UO and then ran the UO Track & Field Program. They also are the co-founders of Nike. Nike manufactures all of the school’s logo, clothing and uniforms, and has made significant donations to the university. This explains why after you graduate you will still proudly wear Nike.

2. Coffee. Lots of Coffee.

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Coffee is so important to you, and you truly believe you wouldn’t have been able to graduate without it. You had it with breakfast, lunch, and dinner for years, and you still know the beans in Eugene are the best in the country.

1. The University of Oregon is the Best School in the USA

via GIPHY

You know all the lyrics to the mighty Oregon chant song, and if you recently attended UO, you probably also know all the lyrics to the single ‘I Love My Ducks (Return of the Quack)’ by Supwitchugirl, a band composed of three UO students.