This Week in Real Estate: April 11, 2016

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This Week in Real Estate interest rates hit a new low in 2016, which fuels continued momentum as we begin the second quarter. Below are a few highlights from the first week of April that influence our business:

* Mortgage Rates at New 2016 Lows. On Thursday Freddie Mac released the results of its Primary Mortgage Market Survey, showing mortgage rates declining from the previous week and reaching their lowest level since February of last year. “Mortgage rates this week registered the delayed impact of last week’s sharp drop in Treasury yields as the 30-year mortgage rate fell 12 basis points to 3.59 percent. This rate marks a new low for 2016 and matches last year’s low in February 2015. Low mortgage rates and a positive employment outlook should support a strong housing market in the second quarter of 2016,” said Sean Becketti, chief economist for Freddie Mac.
Full Story… http://freddiemac.mwnewsroom.com/press-releases/mortgage-rates-at-new-2016-lows-otcqb-fmcc-1252731?feed=429e0be3-9aef-4a3a-9775-43f8e470d510

* CoreLogic: Home Prices Nationwide Continue to Rise. Home prices nationwide, including distressed sales, increased year over year by 6.8% in February 2016 compared to February 2015 and increased month over month by 1.1% in February compared with January 2016, according to the most recent report from housing data services provider, CoreLogic. “Fixed-rate mortgage rates dropped more than one-quarter of a percentage point in the first three months of 2016, and job creation averaged 209,000 over the same period,” said Dr. Frank Nothaft, chief economist for CoreLogic. “These economic forces will sustain home purchases during the spring and support the 5.2% home price appreciation CoreLogic has projected for the next year,” added Nothaft. According to the report, two states topped the list for the biggest yearly price gains in February. Washington exceeded with 12.4% and Colorado at 10.5%. Not far behind are Oregon, at 9.3% and Nevada, at 8.6%. All are much stronger price gains than the national average of 6.8%.
Full Story… http://www.housingwire.com/articles/36699-corelogic-home-prices-nationwide-continue-to-rise?eid=322520585&bid=1360359

* Federal Open Market Committee March Meeting – Expect an April Freeze. PThe minutes from the March meeting of the Federal Reserve’s monetary policy setting committee, the Federal Open Market Committee (FOMC), provide details of the deliberations regarding assessments of the current state of the economy and the anticipated pace of future increases to the target range for federal funds rate. April is off the table, the funds rate will be frozen at the December level until at lease the June meeting. Early indications are that US economic conditions have largely recovered from the sharp asset price movements in the opening weeks of 2016, but the committee decided it would be prudent to wait for additional information to confirm this view. This caution was a decisive factor in the decision not to raise the funds rate at the March meeting. If economic growth, the labor market and inflation sustain recent gains in the interim months, the June FOMC meeting is a strong possibility for the next increase.
Full Story… http://eyeonhousing.org/2016/04/federal-open-market-committee-march-meeting-expect-an-april-freeze/
Have a productive week!
Jason

 

Portland Metro Weekend Event Planner: April 8-10, 2016

WomanShoppingPottedPlants
PORTLAND METRO EVENTS WEEKEND PLANNER
FOR APRIL 8-10, 2016

SPRING PLANT SALE

SAT-SUN  Portland Expo Center. Shop for plants as well as garden art at Hortlandia, a plant and art sale run by Hardy Plant Society of Oregon (HPSO). Free.

TULIP FESTIVAL 

Through APR 22  Wooden Shoe Tulip Farm. Stroll through 40 acres of stunning beauty, experience expansive views of vineyards, distant mountains, and a few mud puddles. Fresh flowers, food, and fun for the entire family, including well-behaved dogs on leashes!

BRIDGE TO BREWS

SUN  Waterfront Park. 10K & 8K run over the Fremont Bridge, post-race event at Waterfront Park featuring local breweries, distilleries and wineries along with local live music. Register Today!

GOLD & TREASURE SHOW

SAT-SUN  Portland Expo Center: Learn about gold panning and other treasure hunting techniques. With dozens of vendors & hundreds of items, you’re sure to find something you’ll want to take into the field with you.

INDEPENDENT FILM FESTIVAL

Through May 26th  Portland Art Museum. The Film Center’s Northwest Tracking program showcases the work of independent filmmakers living and working in the Northwest whose work reflects the vibrant cinematic culture of the region.

VARIETY SHOW

Through APR 22  Celebrate the 22nd anniversary of The Tony Starlight Show, a combination of song parody, musical impressions & various tributes to iconic artists and pop culture phenomena.

DUELING PIANO SHOW

Every FRI & SAT in April  Since 2010, The Barrel Room lays claim to the longest running dueling piano show in Portland.

URBAN SCAVENGER HUNT

ALL MONTH  Smart phone 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.

GUIDED NATURE HIKES

EVERY DAY  Park guides lead nature hikes to explore the forest, stream ecosystems and natural history of the natural area. Tryon Creek State Park & more

PORTLAND ESCAPE ROOMS

ALL MONTH THURS-SUN  Cedar 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. Discount tickets.

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.

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.

GEEKS WHO DRINK PUB QUIZ

ALL MONTH  Anyone can grab a deck of Trivial Pursuit cards and run a “trivia night.” Geeks Who Drink’s smartass quizmasters run fast-paced, interactive and beer-soaked pub quiz events all over Portland.

VANCOUVER METRO EVENTS

WOODEN TULIP FESTIVAL

Through APR 17  Holland America Bulb Farms. The fields are open during daylight hours. The U-Pick is self-serve and just .50 per stem.

FARMER’S MARKET

SAT-SUN (through OCT 30)  Vancouver’s Farmer’s Market. Over 250 vendors with fresh and local produce, flowers, plants, baked goods and much more!

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

·         Hardcore Henry  

·         The Boss

·         The Invitation

·         Demolition

·         Before I Wake

·         Mr. Right

·        Louder than Bombs

·         The Dying of the Light  

 

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: April 4, 2016

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As the first quarter came to a close news This Week in Real Estate was very favorable regarding the second quarter spring selling season. Pending home sales reach a 7-month high and the Bureau of Labor released a better than expected “Jobs Report,” especially in the construction sector. Below are a few highlights from the final week of March that influence our business:

* Pending Home Sales Reach Highest Level in 7 Months. Pending home sales rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of Realtors. Led by a sizable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity in February. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 3.5 percent to 109.1 in February from a downwardly revised 105.4 in January and is now 0.7 percent above February 2015 (108.3). Lawrence Yun, NAR chief economist, says pending sales made promising strides in February, rising to the highest index reading since last July.
Full Story… http://www.realtor.org/news-releases/2016/03/pending-home-sales-move-forward-in-february

* Freddie Mac: 2016 Will Be Housing’s Best Year in a Decade. Freddie Mac predicts total home sales, housing starts and house prices will continue to rise this year, reaching their highest point since 2006, according to its March Outlook that was released Thursday. Freddie Mac does not expect inventory and affordability challenges from keeping the market from reaching its highest level. It also expects the 30-year mortgage to remain below 4% throughout the home buying season, until the second half of the year. “Housing markets are poised for their best year in a decade,” Freddie Mac Chief Economist Sean Becketti said. “Low mortgage rates, robust job growth and a gradual increase in housing supply will help drive housing markets forward. Low levels of inventory for-sale and for-rent and declining housing affordability will be major challenges, but on balance the nation’s housing markets should sustain their momentum from 2015 into 2016 and 2017,” Becketti said.
Full Story… http://www.housingwire.com/articles/36661-freddie-mac-2016-will-be-housings-best-year-in-a-decade?eid=322520585&bid=1356365

* Jobs Report Beats Expectations. March was another strong month for the US labor market, as jobs and wage growth increased more than expected. There were 215,000 additional nonfarm payrolls, according to the Bureau of Labor. Job gains were strong in retail, construction, and healthcare. The active portion of the US economy’s labor force grew for a fourth straight month, as the rate rose to 63% in March from 62.9%. An abundance of job openings is drawing people into the labor force at a near-record rate. The job report posted that construction employment rose by 37,000 in March, with job gains occurring among residential specialty trade contractors (+12,000) and in heavy and civil engineering construction (+11,000). Over the year, construction has added 301,000 jobs.
Full Story… http://www.businessinsider.com/us-jobs-report-march-2016-2016-4
Have a productive week!
Jason

 

To buy or not to buy: What you need to know about the Portland housing market, and why it’s not as scary as you think

 

During the last few years, Portlanders have found themselves in the midst of a housing boom. A contributing factor for this current state is that Portland has become a destination city. In fact, 2015 marked the third consecutive year that Oregon was the nation’s top relocation destination. We simply don’t have the supply to support the demand, and as a result, there’s been very healthy price appreciation.

The run-up in the market during the past three years reflects some of the same market dynamics seen between 2003 and 2008. That leaves some to question what was learned from that period of time, when the housing bubble ballooned and then painfully burst.

However, the current market is a completely different environment than the market of a decade ago. The aggressive lending practices of the early and mid-2000s have given way to a much stricter regulatory environment. Banks simply can no longer help people buy homes well above their means. In addition, the over-supply of new homes the market realized prior to the “great recession” does not exist in today’s market.

As a second generation Realtor, exposed to the business since the early 1980s, Jason Waugh says he’s never seen a market like this one.

Waugh is the president and CEO of Berkshire Hathaway HomeServices Northwest Real Estate, and he says that, “The market is so competitive right now that you just don’t have time to ponder your options. Buyers prevailing in this market must act swiftly with aggressive terms. If given the choice most people don’t want to move as quickly as this market demands.”

However, he says that while the market data do not reflect what we would traditionally define as a balanced market, buyers can do well in this market too.

It’s surely a seller’s market, Waugh says, from the perspective that demand is high and supply is low, allowing homeowners to command higher prices. But the market can favor buyers, too, because interest rates remain at historically low levels. Through the first ten weeks of 2016 the interest rates were as low as 33 additional basis points (0.33%) lower than where they ended 2015.

One of the biggest barriers to homeownership today, especially for first time buyers, is having enough money for the down payment in an appreciating market and a much stricter lending environment, he says.

Loving couple looking at their dream house“Often times we get discouraged or believe homeownership isn’t realistic because of the asking price of a home,” says Waugh. “Given the low interest rates coupled with escalating rents the first question in the purchase process of a market like today’s is what would be my monthly mortgage payment be followed by what amount down [payment] do I need?” If you can make the down payment and are comfortable with a mortgage that locks you in with a historically low interest rate on a 30-year fixed loan, is that a better financial investment?”

To help give prospective buyers a realistic sense of their potential payments, Berkshire Hathaway HomeServices places useful mortgage calculators on each home listing on their website.

To further support potential clients through the home selling and home buying process in what is a very fast-paced market today, Waugh says he and his team of Realtors’ ultimate goal is to create a great real estate experience for everyone they serve by being a trusted advisor, being a skilled negotiator and an expert facilitator of services.

In fact, the Berkshire Hathaway HomeServices’ team will walk homeowners and buyers through the daunting and time-consuming purchasing process every step of the way, from initial contact to contract through closing.

And those services aren’t only Portland-specific.

Waugh says Berkshire Hathaway HomeServices’s footprint covers not only the Portland metro area, but also Seattle to SW Washington through the wine country of Yamhill County, to the coast and Central Oregon.

The rise in the price of homes may leave people thinking that there’s never been a worse time to buy a home, but with today’s historically low interest rates, there may never be a better time to invest in one.


Meet the newest additions to Berkshire Hathaway HomeServices Northwest Real Estate

We are proud to announce the addition of these brokers to the Berkshire Hathaway HomeServices Northwest Real Estate family. Please help us give a warm welcome to the following real estate professionals:

David Holzgang – West Portland

Skyler Gillispie – Columbia Tech Center

Laura Wilson – Florence

Austin Fecteau – Clark County Northwest

Terri Zimon – Columbia Tech Center

Jennifer Mulvihill – Bend

William Zhao – Lake Oswego

David Ball – East Portland

Kelly Notary – Sunriver

Are you interested in creating a successful career in real estate with a strong company? Click here to see how Berkshire Hathaway HomeServices Northwest Real Estate helps our brokers build lasting careers based on delivering exceptional service backed by integrity. Email careers@bhhsnw.com to schedule an appointment.


Portland Metro Weekend Event Planner: April 1-3, 2016

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PORTLAND METRO EVENTS WEEKEND PLANNER
FOR APRIL 1-3, 2016

 

TULIP FESTIVAL 

Through APR 22  Wooden Shoe Tulip Farm. Stroll through 40 acres of stunning beauty, experience expansive views of vineyards, distant mountains, and a few mud puddles. Fresh flowers, food, and fun for the entire family, including well-behaved dogs on leashes!

PORTLAND WOMAN’S EXPO

SAT  Oregon Convention Center. Exhibitor categories include shopping, beauty, spiritual healing, full body rejuvenation, health, nutrition, fitness, financial planning, home décor, and more. Enjoy an amazing makeover, styling, and mini-manicure, as well as Wine & Spirits at the Beauty Bar!

BODY MIND SPIRIT EXPO

SAT-SUN  Oregon Convention Center: See the latest in new thought presentations, the best advances in alternative health and as always the nations finest selections of psychics and mediums.

SOUNDS OF BRAZIL

SAT  The Old Church: Come hear the intricate and sultry instrumental melodies of classic choro, the edgy syncopation of modern choro, emotive samba and bossa nova, and other genres.

PORTLAND GRAND TASTING

FRI  Castaway Portland. Sample award-winning wines from over 21 Gorge wineries, all pouring under the same roof for one night only. Socialize with winemakers, learn about our renowned wine region, and win an exclusive Gorge wine experience in the raffle.

CIRCUS & COMEDY FESTIVAL

FRI-SUN  Alberta Rose Theatre. 5th Annual Umbrella Festival brings the entertainment of the circus, comedy, burlesque, drag, dance, music and more all in one.

VARIETY SHOW

Through APR 22  Celebrate the 22nd anniversary of The Tony Starlight Show, a combination of song parody, musical impressions & various tributes to iconic artists and pop culture phenomena.

DUELING PIANO SHOW

Every FRI & SAT in April  Since 2010, The Barrel Room lays claim to the longest running dueling piano show in Portland.

URBAN SCAVENGER HUNT

ALL MONTH  Smart phone 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.

GUIDED NATURE HIKES

EVERY DAY  Park guides lead nature hikes to explore the forest, stream ecosystems and natural history of the natural area. Tryon Creek State Park & more

PORTLAND ESCAPE ROOMS

ALL MONTH THURS-SUN  Cedar 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. Discount tickets.

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.

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.

GEEKS WHO DRINK PUB QUIZ

ALL MONTH  Anyone can grab a deck of Trivial Pursuit cards and run a “trivia night.” Geeks Who Drink’s smartass quizmasters run fast-paced, interactive and beer-soaked pub quiz events all over Portland.

VANCOUVER METRO EVENTS

ALPACAPALOOZA

FRI-SUN  Clark County Event Center at the Fairgrounds. Meet with Alpaca owners, breeders and enthusiast and watch competitions.

FARMER’S MARKET

SAT-SUN (through OCT 30)  Vancouver’s Farmer’s Market. Over 250 vendors with fresh and local produce, flowers, plants, baked goods and much more!

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

·         God’s Not Dead 2

·         Meet the Blacks

·         The Dark Horse

·         Natural Born Pranksters

·         Midnight Special

·         Marinoni: The Fire in the Frame

·         Everybody Wants Some

·         Sold

·        Standing Tall

·         Miles Ahead

 

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

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


Love Your Home Sweepstakes: Enter for a chance to win $50,000 to update your home!

 

BHHSNWEnterToWinGraphic

 

Enter for your chance to win $50,000 from Berkshire Hathaway HomeServices to update your home so you can Love It or List It!

We are partnering with HGTV hosts David Visentin & Hilary Farr of the HGTV show Love It or List It to give away this $50,000 grand prize and 12 weekly prizes of $2,500!

Enter to win at www.LoveYourHomeSweeps.com through June 17, 2016. No purchase necessary. 

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Open to legal residents of the 50 United States and D.C., must be 21 years or older. To enter and for complete details and odds, visit www.LoveYourHomeSweeps.com. Click Here for Official Rules and details about earning bonus entries through Facebook sharing.

 


This Week in Real Estate: March 28, 2016

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Happy Easter!

Anything industry related for This Week in Real Estate was insignificant given the terrorist attacks and loss of life in Belgium. Our heartfelt condolences to all those impacted. Below are a few highlights from the fourth week of March that influence our business:

* West Pushes up Sales of New Homes in February. New U.S. homebuyers in the West accounted for all of February’s increase in sales of new houses. The Commerce Department said Wednesday that new-home sales rose 2% last month to a seasonally adjusted annual rate of 512,000. All of the increase came from 38.5% surge in purchases in the West. That National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday stayed at 58 in March for the second straight month. Readings above 50 indicate more builders view sales conditions as good rather than poor. The index had been in the low 60s for eight months until February. Builders’ view of current sales conditions held steady, while a measure of traffic by prospective buyers increased.
Full Story… http://www.usatoday.com/story/money/markets/2016/03/23/west-pushes-up-sales-new-homes-february/82167524/

* Cash Sales for 2015 Lowest Since 2008. ElA look back into 2015 shows that cash sales during the year hit their lowest point since 2008, according to a report by CoreLogic. National cash sales totaled 33.4% of December’s home sales, and a 33.9% of total annual sales, according to the report. Cash sales were down 3.3% year-over-year in December, and 2.8% monthly. The larger-than-normal decrease in December shows the elevated share reported for November, which was attributed to the new federal mortgage rules, was temporary. Before the housing crisis, cash sales averaged 25% of total sales. Cash sales peaked in 2011 when they hit 46.6%. If cash sales continue to fall at the same rate they did in December 2015, the rate would be back to pre-crisis levels by the middle of 2017.
Full Story… http://www.housingwire.com/articles/36598-cash-sales-for-2015-lowest-since-2008?eid=322520585&bid=1350166

* Mortgage Delinquencies Lowest Since 2007. The mortgage delinquency rate hit its lowest level since April 2007 as it fully recovers from January’s 6.6%, according to the latest report from Black Knight Financial Services. According to Black Knight’s “First Look” at February’s data, the delinquency rate went down 13% month-over-month and down nearly 16% year-over-year. Foreclosure sales saw a decrease at 14% month-to-month and a 15% increase year-over-year. For the first time in eight years, the total non-current inventory fell below 3 million, the pre-sale inventory rate went down 0.64% month-to-month and decreased to 25% year-over-year.
Full Story… http://www.housingwire.com/articles/36578-black-knight-mortgage-delinquencies-lowest-since-2007?eid=322520585&bid=1348616

Have a productive week!
Jason

 

Test-drive a home: A new path to home ownership

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Buying a home requires a lot of homework.

Before even choosing a home, prospective buyers should determine a comfortable monthly mortgage payment and create a wish list of features they want.

Buyers should ask themselves a dizzying list of questions: What features do I want, and what features do I not want in a home? What neighborhood most appeals to me and the lifestyle I enjoy? What amenities are important to me that need to be within close proximity to the home?

Any buyer’s wish list can be limitless, but the biggest obstacle many potential homebuyers face revolves around the simple idea of economics: Can I afford it now?

Jason Waugh, the president and CEO of Berkshire Hathaway HomeServices Northwest Real Estate says the three primary barriers to home ownership for many folks since the severe market correction of 2008-2011 are lack of inventory, credit-related issues, and the stricter qualification criteria of today’s regulatory climate. They may see a home they like, but they’re not always ready or able to commit to a 30-year mortgage quite yet.Loving couple looking at their dream house

“But what if you gave folks the chance to ‘test drive’ a home before deciding to buy?” he asks.

To test out this theory, Berkshire Hathaway has endorsed the Chicago-based organization Home Partners of America (HPA), which, for the last two years, has bought homes for prospective homebuyers who cannot do so, or are still undecided about taking on a mortgage.

Here’s how it works. Once a potential homebuyer is lender-approved and chooses a home, HPA buys that home—with cash—and then rents the property to the homeowner for as long as five years.

Waugh says this gives the potential homebuyer the chance to test a home out while deciding whether the home is a good fit.

Each of those five years will be broken down into consecutive one-year leases, he says. “You have the opportunity to rent at a fixed price for five years, and for each of those years you’ll know exactly what you’ll be paying in rent, and what the purchase price will be during each of those five years should you exercise the right to buy.”

By enrolling in HPA’s program, potential homebuyers can pay rent in the home they want, while simultaneously saving for that home’s down payment.

And if those homebuyers change their minds? Waugh says they can simply walk away at the end of any of the one-year lease terms for whatever reason, just like a traditional rental agreement.

Right now, the program is still in its infancy, but Waugh says it provides an alternative and less burdensome path to home ownership for many qualifying buyers—especially those who are having a hard time coming up with the cash for that initial down payment, are repairing credit, or don’t want to commit to a mortgage because they just relocated to the area and are unsure about where they want to live.

LeasetoPurchaseGraphic

Portland Metro Weekend Event Planner: March 25-27, 2016

HappyEaster
PORTLAND METRO EVENTS WEEKEND PLANNER
FOR MARCH 25-27, 2016

 

EASTER EVENTS

ZOO EGG HUNT  SAT, Portland Zoo. Rabbit Romp features candy egg hunts every 10-15 minutes between 9 a.m. and 3 p.m.

BUNNY HOP THROUGH THE PEARL  SAT, Bring the whole family and collect treats, do art projects, and search for the special Easter Egg that is creatively hidden in participating merchants windows or shops.

EASTER CRUISE  SUN, Portland Spirit. Hop on board the Portland Spirit for a two-hour Easter Brunch cruise featuring an elaborate brunch buffet, ever-changing views and excellent service.

EASTER BRUNCH  SUN,  Various Locations. View a list of restaurants in the area serving Easter Brunch.

PORTLAND METRO PARENT’S EASTER GUIDE  http://www.metro-parent.com/easter-fun/

CHURCH EASTER EVENTS & EGG HUNTS  http://www.thefishportland.com/content/station-events/easter-events-2016

CHICAGO MUSICAL 

Through SUN  Brunish Theatre: This triumphant hit musical is the recipient of six Tony Awards, two Olivier Awards, a Grammy and thousands of standing ovations. A sensational tale of sin, corruption and all that jazz.

SPRING BEER & WINE FEST

FRI-SAT  Oregon Convention Center. Visit vendors from local breweries, wineries & distilleries while enjoying cheese, chocolate and other culinary delights.

VARIETY SHOW

Through APR 22  Celebrate the 22nd anniversary of The Tony Starlight Show, a combination of song parody, musical impressions & various tributes to iconic artists and pop culture phenomena.

DUELING PIANO SHOW

Every FRI & SAT in March  Since 2010, The Barrel Room lays claim to the longest running dueling piano show in Portland.

URBAN SCAVENGER HUNT

ALL MONTH  Smart phone 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.

50 YEARS OF INDIAN CINEMA

ALL MONTH  Portland Art Museum: Indian cinema boasts the most prolific output of any national film industry on the planet—its films, stars, and songs are beloved at home and by millions around the world.

GUIDED NATURE HIKES

EVERY DAY  Park guides lead nature hikes to explore the forest, stream ecosystems and natural history of the natural area. Tryon Creek State Park & more

PORTLAND ESCAPE ROOMS

ALL MONTH THURS-SUN  Cedar 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. Discount tickets.

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.

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.

GEEKS WHO DRINK PUB QUIZ

ALL MONTH  Anyone can grab a deck of Trivial Pursuit cards and run a “trivia night.” Geeks Who Drink’s smartass quizmasters run fast-paced, interactive and beer-soaked pub quiz events all over Portland.

VANCOUVER METRO EVENTS

LORD OF THE RINGS EXTENDED TRILOGY

FRI-SUN  Kiggins Theatre. The ultimate Lord of the Rings weekend celebrating the anniversary of the fall of Sauron with the extended versions of all three films and much more!

FARMER’S MARKET

SAT-SUN (through OCT 30)  Vancouver’s Farmer’s Market. Over 250 vendors with fresh and local produce, flowers, plants, baked goods and much more!

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

·         Batman vs Superman: Dawn

·         My Big Fat Greek Wedding 2

·         April and the Extraordinary World

·         Born to be Blue

·         I Saw the Light

·         Rocky Handsome

·        They’re Watching

·         Valley of Love

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

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