Summer Home Staging Tips

 

Show off your home to potential buyers by embracing the longer hours and warmer weather, both indoors and outdoors. Make these simple tweaks to your home and stand out above the rest on the market this summer.

Outdoors:

Add curb appeal 

Give your house number a new stance. Painting your address on pots or planters can be a great way to show off your home in a modern way. If your tired concrete slab is showing age and is a little too worn for wear, try replacing with a sleek modern look in slate tile.

Lights, camera, outdoors!    

Highlight your backyard with unconventional outdoor lighting tricks to enhance the enjoyment. Utilize the ambiance and warmth of a fireside glow. Hardware and outdoor stores now sell up-lighting which can be placed under large potted plants to showcase your favorite blooms. Switch out standard small sconces with impactful colorful lamps. Tiny ‘fairy lights’ in mason jars are a good way to add subtle artsy ambiance to any backyard dining spot.

Play up water features

Backyard doesn’t boast a pool? Show how buyers can beat the summer heat by upgrading your outdoor oasis with a cooling/misting system under any porch, pergola or umbrella. Help visitors imagine relaxing in their new backyard with a good book, or soaking up the rays by creating a lounging area. You can even surround this outdoor hangout space with surround sound faux stone speakers for a natural look that rocks all night long.

Indoors:

Discourage dingy light

Bring light indoors by removing heavy winter drapes and if needed, use drawn back lightweight and light-colored curtains. Switch out throw pillows (both inside and out) for lighter and brighter colors.

Declutter

It is exceedingly important to declutter if your children are home on summer break. Make sure to utilize hidden storage to the fullest potential to keep clutter from view. Box up family pictures and mementos on the fireplace, it deserves a new summer look too. If wood burning, switch out logs in the fireplace with tall candles at various heights and add a large floral arrangement or colorful wreath above the hearth to bring a touch of the outdoors, in.

Don’t be a summer Scrooge 

If you have it, don’t skimp on air-conditioning come open house day. Although you may not be in the home during a showing, it’s important to keep the air at a comfortable level. Fill the sink with ice cubes and fill it with summer refreshments that encourage potential buyers to linger in the home longer.

Sources: HGTV.com and thebalance.com.


Portland Metro Weekend Events Planner: July 13-15, 2018

 

PORTLAND METRO WEEKEND PLANNER
JULY 13-15, 2018

THE BIG FLOAT

SAT – Grab a life jacket and float downstream to the ultimate beach party celebration with floating stages hosting live music, food carts and more. This year features two 100-foot long slip ‘n slides!

AMERICA’S LARGEST ANTIQUE & COLLECTIBLE SHOW

SATSUN – Shop more than 1400 vendors for vintage and collectible items ranging from the 1880’s thru 1970’s at the Portland Expo Center.

MISSISSIPPI STREET FAIR

FRISUN – Roam Mississippi Ave with over 200 local vendors and craft booths, entertainment covering five stages a kid’s area as well as food and drink vendors.

THE PORTLAND PICKLES

SAT – Take me out to the ballgame, with the Portland Pickles! Picklefest is this Saturday, enjoy live music, a complimentary pint and evening game against the Kelowna Falcons.

OREGON CITY FESTIVAL

SAT – Join the 9th annual First City Celebration with live music, a children’s area, food carts, art fair and much more!

FRENCH FESTIVAL

SAT – Enjoy the best of French cuisine, wine, music and more at the annual Bastille Day Festival.

DOGGY TRIVIA PAWTY

SAT – Bring your pooch and friends for this doggie themed trivia game benefiting Family Dogs New Life Shelter, ages 21+ only.

CONCOURS d’ELEGANCE CAR SHOW

THROUGH DECEMBER 1 – Join Forest Grove’s Car Show with over 300 classic, race, antique and collector cars while listening to a live band and enjoying cuisine from food and drink vendors.

WAYWARD WINDS LAVENDER U-PICK

THROUGH JULY 31 – Enjoy the sights and aromas from one of Oregon’s oldest lavender farms.

OREGON FRUIT LOOP

THROUGH AUGUST – The Hood River Fruit Loop celebrates 25 years of business and sustainable agricultural diversity. The Fruit Loop is a collection of farms, orchards, vineyards, wineries and local agricultural businesses in a proximity. To celebrate the anniversary, visit 10 farms this year and get stamped for a free canvas market bag!

OREGON MUSIC FESTIVAL

THROUGH JULY 14 – The most significant classical music event to hit the Oregon concert stage in the last decade.

FIELD & VINE’S FARM DINNER

THROUGH DECEMBER 1 – Enjoy the stunning wines of Oregon over a six-to-seven course dinner expertly prepared by Field & Vine chefs using ingredients sourced straight from the host and surrounding farms.

OREGON ZOO SUMMER CONCERTS

THROUGH SEPTEMBER 12 – Enjoy world class performers while enjoying a great day at the zoo.

FORCES OF NATURE: HISTORIC PORTLAND FLOODS, FIRES, ICE & SNOW

THROUGH JULY 8 – Portland is known for its mild climate and beautiful natural surroundings, but the city has felt nature’s fury during its 170-year history. From a downtown submerged in water, to a waterfront in flames, to a city immobilized by ice and snow, explore how Portland residents have survived and recovered from natural disasters.

80’S VIDEO DANCE ATTACK

EVERY FRIDAY & SATURDAY – Dig out your neon mesh shirts, crimping iron and striped legwarmers to travel back to the 1980s! Classic music videos projected on giant screens complimented with a thumping sound system and light show, this dance extravaganza is sure to get the blood pumping!

COLUMBIA RIVER GORGE TOUR

THROUGH NOVEMBER 1 – View waterfalls and the fruit loop at the base of Oregon’s scenic Mt. Hood with this full day tour that drives you along the route and makes several fascinating stops along the way for pictures and memories.

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 THURSDAYSUNDAY – 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 must use elements of the room to solve a series of puzzles, find clues, and escape the room within a set time limit.

URBAN SCAVENGER HUNT

ALL MONTH – Smart Phone clues lead you on a fun & engaging walking tour of the city. Start in the heart of downtown at Pioneer Courthouse Square and go on a journey through the Arts District, on a streetcar ride and through 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 – five players, with prizes for everyone on the winning team.

GEEKS WHO DRINK’S PUB QUIZ

ALL MONTH – Anyone can grab a deck of Trivial Pursuit cards and run a “trivia night.” Interactive and beer-soaked pub quiz events all over Portland.

VANCOUVER METRO EVENTS

AGE 50+ TRAVEL EXPO 

FRI – The Vancouver Parks and Recreation Department is putting on a free travel expo for those who are ages 50+ and wanting to become more active and adventurous.

SUMMER ART AND WINE FAIR

SAT – Celebrate the finer things in life with the English Estate Winery for their 11th annual Art and Wine Fair featuring local artists and local winemakers with more than 40 vendors.

PAINT YOUR PET

EVERY SUNDAY IN JULY – Email your photo in and the Vancouver Art Space will transfer it onto a canvas, ready for you to paint. 10% of the proceeds will be donated to the Humane Society of Southwest Washington.

SPIRIT TALES OF THE VANCOUVER BARRACKS

THROUGH OCT 27 – Service members, their families, and many others, walked its grounds, leaving behind many memories. Memories of loneliness, fear and tragedy, all part of the darker aspects of military life. Whether you believe in ghosts or not, you will be interested in these stories of the Vancouver Barracks’ past residents.

VANCOUVER FARMERS MARKET

THROUGH OCT 28 – Home to over 250 vendors with fresh and local produce, flowers, plants, baked goods, delicious food, pet treats, and accessories for yourself, home, or garden.

WILD THINGS: THE POWER OF NATURE IN OUR LIVES

THROUGH SEPT 2019 – The Museum of Vancouver and Nature Vancouver present the exhibition Wild Things: The Power of Nature in Our Lives. Dives into life stories of local plants and animals and how they relate to each other and how they connect people to nature in the city.

MOVIES OPENING THIS WEEKEND

  • Hotel Transylvania 3: Summer Vacation
  • Skyscraper
  • Dark Money
  • Don’t Worry He Won’t Go Far On Foot
  • Eighth Grade
  • Gauguin: Voyage to Tahiti
  • Shock and Awe
  • Soorma
Click here for movie times and theaters.

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

FOR A COMPLETE LIST OF EVENTS IN THE AREA FOR THE ENTIRE MONTH, VISIT

www.events12.com/portland

 


This Week in Real Estate: July 9, 2018

According to a release from CoreLogic This Week in Real Estate, home prices realized the biggest annual jump in four years in May. Below are a few highlights from the first week of July that influence our business:

* Home Prices Make The Biggest Jump in Four Years. Home prices jumped 7.1 percent annually in May, according to a new report from CoreLogic. That’s the biggest jump in four years. Annual price gains had been shrinking slightly, as mortgage rates rose, but apparently higher rates are not hurting demand. They are, however, exacerbating the already critical supply shortage. “During the first quarter, we found that about 50 percent of all existing homeowners had a mortgage rate of 3.75 percent or less,” said Frank Nothaft, chief economist for CoreLogic. “May’s mortgage rates averaged a seven-year high of 4.6 percent, with an increasing number of homeowners keeping the low-rate loans they currently have, rather than sell and buy another home that would carry a higher interest rate.” The median price of an existing home sold in May was $264,800, according to the National Association of Realtors. Of course, all real estate is local, and certain markets are hotter than others. Seattle, Denver, and San Francisco continue to see some of the biggest price gains, as they also have the leanest supply. The supply of homes for sale has been dropping on an annual basis for the past 36 months, according to the National Association of Realtors. Full Story… https://www.cnbc.com/2018/07/02/housing-is-getting-more-expensive-as-home-sellers-retreat.html

* American City Growth Rate Catching Up to SuburbiaFor the first time in decades, U.S. cities are catching up to the population growth of suburban America, according to the latest report from the Urban Land Institute. ULI discovered that between 2010-2015, denser urban locations grew significantly faster than residential neighborhoods, suggesting that new urban residents are demonstrating a preference for mixed-use environments. Urban residents now account for more than 29 million Americans, which is 17% of the total population in just 1% of the land area in the 50 largest metropolitan statistical areas, according to ULI. The report also attributes urban population growth to rental apartment development. In the years between 2010 and 2017, the rate of rental apartment inventory in urban places grew 32%, while inventory in the suburbs only grew 16%. Employment is also an indication of population growth, notably between 2005 and 2015, suburban areas accounted for 30% of existing jobs and 36% of new job growth. Economic centers, which are established urban employment cores, in downtown areas increased at a faster rate than the number of jobs in any other type of neighborhood during this time. Although urban population growth is catching up to suburbia, affordability is still hindering the growth of the urban market. The average monthly rent of a multifamily apartment in an urban area is $1,650, which exceeds the $1,275 suburban residents typically pay. Full Story… https://www.housingwire.com/articles/43846-american-city-growth-rate-catching-up-to-suburbia

* Cost Across Time. Even with the projection that interest rates will climb to 5.1% by this time next year, we are still well below historic numbers. The average interest rate and mortgage payment in the 1970s was 8.86% and $1,986, compared to the 1980s 12.7% and $2,707, the 1990s 8.12% and $1,855, the 2000s 6.29% and $1,546 and today 4.55% and $1,274. The impact your interest rate makes on your monthly mortgage cost is significant. Full Story… https://www.keepingcurrentmatters.com/2018/07/06/cost-across-time-infographic-4/

Have a productive week.

Jason

 


Portland Metro Weekend Events Planner: July 6-8, 2018

PORTLAND METRO WEEKEND PLANNER
JULY 6-8, 2018

HELVETIA LAVENDER FESTIVAL

FRISUN – Stroll through flower gardens and fields of lavender, enjoy tea and scones in the pavilion, have lunch while listening to live music, and enjoy over 20 festival booths.

WATERFRONT BLUES FESTIVAL

FRISUN – Celebrate with live performances from blues, soul, funk, and Mississippi rhythm & blues. Browse vendors, enjoy riverboat cruises and more.

ST. PAUL RODEO

FRISAT – Watch the 83rd annual St. Paul Rodeo with Cowboys, Cowgirls and trick riders! Each night ends with a full firework display.

SWEDISH FILMS AT THE PORTLAND ART MUSEUM

FRIJULY 22 – View 17 films by famous Swedish director for the exhibit Ingmar Bergman: A Centenary Celebration.

STEAMPUNK CONVENTION

FRISUN – Join panel discussions, workshops, costume contest and evening entertainment. Friday features a burlesque show and a Saturday cabaret show.

STEVE MARTIN & MARTIN SHORT

SUN – See famous comedians Steve Martin and Martin Short at McMinemins Edgefield for An Evening You Will Forget for the Rest of Your Life.

FAIRY HOUSE WORKSHOP

FRISAT – Enchant others with your newfound fairy house making skills from Frigg’s Mercantile. Children create with glue, twigs, flowers, and more.

OREGON MUSIC FESTIVAL

THROUGH JULY 14 – The most significant classical music event to hit the Oregon concert stage in the last decade.

CRAFT BEER FESTIVAL

 FRISUN  – Portland’s Craft Beer Festival, featuring over 60 breweries, cideries and wineries.

FIELD & VINE’S FARM DINNER

THROUGH DECEMBER 1 – Enjoy the stunning wines of Oregon over a six-to-seven course dinner expertly prepared by Field & Vine chefs using ingredients sourced straight from the host and surrounding farms.

OREGON ZOO SUMMER CONCERTS

THROUGH SEPTEMBER 12 – Enjoy world class performers while enjoying a great day at the zoo.

FORCES OF NATURE: HISTORIC PORTLAND FLOODS, FIRES, ICE & SNOW

THROUGH JULY 8 – Portland is known for its mild climate and beautiful natural surroundings, but the city has felt nature’s fury during its 170-year history. From a downtown submerged in water, to a waterfront in flames, to a city immobilized by ice and snow, explore how Portland residents have survived and recovered from natural disasters.

FLASH BACK DANCE CRUISE

EVERY SATURDAY – Gather your crew & rock your best retro threads from the 70’s, 80’s and 90’s!

80’S VIDEO DANCE ATTACK

EVERY FRIDAY & SATURDAY – Dig out your neon mesh shirts, crimping iron and striped legwarmers to travel back to the 1980s! Classic music videos projected on giant screens complimented with a thumping sound system and light show, this dance extravaganza is sure to get the blood pumping!

DUELING PIANO SHOW

EVERY FRIDAY & SATURDAY – The Barrel Room lays claim to the longest running dueling piano shows in Portland. The show, which at times can get a “little cheeky,” isn’t just two players banging on pianos for five hours, we boast a Vegas style, Request Driven, Audience Interactive Show complete with Bits, Games, Sing-A-Longs, Comedy and some of the best players in the U.S.

PORTLAND CIDER HOUSE’S CIDER-MOSA SATURDAY

EVERY SATURDAY – Enjoy a liquid brunch and try a variety of delicious and fun cider-mosas.

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 THURSDAY  SUNDAY – 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.

URBAN SCAVENGER HUNT

ALL MONTH – Smart Phone clues lead you on a fun & engaging walking tour of the city. Start in the heart of downtown at Pioneer Courthouse Square and go on a journey through the Arts District, on a streetcar ride and through 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 – five players, with prizes for everyone on the winning team.

GEEKS WHO DRINK’S PUB QUIZ

ALL MONTH – Anyone can grab a deck of Trivial Pursuit cards and run a “trivia night.” Interactive and beer-soaked pub quiz events all over Portland.

VANCOUVER METRO EVENTS

PAINT YOUR PET

EVERY SUNDAY IN JULY – Email your photo in and the Vancouver Art Space will transfer it onto a canvas, ready for you to paint. 10% of the proceeds will be donated to the Humane Society of Southwest Washington.

SPIRIT TALES OF THE VANCOUVER BARRACKS

THROUGH OCT 27 – Service members, their families, and many others, walked its grounds, leaving behind many memories. Memories of loneliness, fear and tragedy, all part of the darker aspects of military life. Whether you believe in ghosts or not, you will be interested in these stories of the Vancouver Barracks’ past residents.

WILD THINGS: THE POWER OF NATURE IN OUR LIVES

THROUGH SEPT 2019 – The Museum of Vancouver and Nature Vancouver present the exhibition Wild Things: The Power of Nature in Our Lives. Dives into life stories of local plants and animals and how they relate to each other and how they connect people to nature in the city.

VANCOUVER FARMERS MARKET

THROUGH OCT 28 – Home to over 250 vendors with fresh and local produce, flowers, plants, baked goods, delicious food, pet treats, and accessories for yourself, home, or garden.

MOVIES OPENING THIS WEEKEND

  • Ant-Man and the Wasp
  • Ocean’s 8
  • The First Purge
  • Hereditary
  • No Postage Necessary
  • Sorry to Bother You
  • Under the Tree
  • Whitney
Click here for movie times and theaters.

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

FOR A COMPLETE LIST OF EVENTS IN THE AREA FOR THE ENTIRE MONTH, VISIT


This Week in Real Estate: July 2, 2018

While thirty-one states experienced year-over-year growth in single-family permits through the first four months of the year as reported This Week in Real Estate, 15 states recorded growth rates higher than the national average and nine of these are from the Western region of the country. Below are a few highlights from the last week of June that influence our business:

* Western States Lead Single-Family Residential Permits Growth. Over the first four months of 2018, total number of single-family permits issued nationwide reached 279,302. On a year-over-year basis, this is an 8.4% increase over the April 2017 level of 257,719. The results from the SOC are similar, single-family permits over the first four months of 2018 was, 278,500 which is 8.6% ahead of its level over the same period of 2017, 256,500. Between April 2017 and April 2018, 31 states saw growth in single-family permits issued while 19 states and the District of Columbia registered a decline. Colorado recorded the highest growth rate during this time at 34.2% while single-family permits in the District of Columbia declined by 69.0%, but from a small base, from 145 in 2017 to 45 in 2018. The 8.4% increase in nationwide growth rate in single-family permits, is largely due to the aggregate increase in single-family permits across the Western states. Out of the 13 which are classified as Western states, nine states recorded single-family permit growth exceeding the national average. A total of 15 states recorded growth rates higher than the national average and nine of these came from the Western region of the country.

Full Story… http://eyeonhousing.org/2018/06/western-states-lead-single-family-residential-permits-growth/

* Case-Shiller: Higher Home Prices and a Reality CheckHome prices continued their climb with the S&P CoreLogic Case-Shiller National Index up 6.4 percent. Cities west of the Rocky Mountains continue to lead price increases with Seattle, Las Vegas and San Francisco ranking 1-2-3 based on price movements in the trailing 12 months. The favorable economy and moderate mortgage rates both support recent gains in housing. One factor pushing prices up is the continued low supply of homes for sale. The months-supply is currently 4.3 months, up from levels below 4 months earlier in the year, but still low.” However, his comments sought to put the continuing rate of appreciation in perspective. David Blitzer said, “Looking back to the peak of the boom in 2006, 10 of the 20 cities tracked by the indices are higher than their peaks; the other ten are below their high points. The National Index is also above its previous all-time high, the 20-city index slightly up versus its peak, and the 10-city is a bit below. However, if one adjusts the price movements for inflation since 2006, a very different picture emerges. Only three cities – Dallas, Denver and Seattle – are ahead in real, or inflation-adjusted, terms. The National Index is 14 percent below its boom-time peak and Las Vegas, the city with the longest road to a new high, is 47 percent below its peak when inflation is factored in.”

Full Story… http://www.mortgagenewsdaily.com/06262018_case_shiller_indices.asp

* Fannie Mae: Both Renters and Homebuyers Feel Pessimistic About Affordable Housing Availability. Renters and owners are more likely to be concerned about housing affordability when they have to find a new place to live compared to the affordability of where they already live, according to a report from Fannie Mae. Basically, people feel more comfortable paying what they pay now and are concerned that their payment (whether it’s rent or a mortgage) will be less affordable than what they currently have. This may explain why people are moving less frequently and, by extension, explain some of the shortage of homes on the market. According to a new survey from Fannie Mae, just 8% of owners with a mortgage said their mortgage was not affordable, whereas as a whopping 45% of owners overall feel that it is difficult to find affordable housing in their area.

Full Story… https://www.housingwire.com/articles/43801-fannie-mae-both-renters-and-homebuyers-feel-pessimistic-about-affordable-housing-availability

Have a productive week.

Jason

 

 


Portland Metro Weekend Events Planner: June 29-July 1

PORTLAND METRO WEEKEND EVENTS PLANNER
JUNE 29- JULY 1, 2018

 

ESTACADA UNCORKED: SMALL TOWN WINE TASTING

SAT – Featuring local farm to table food, wine, hard cider, mead Soju apple wine, microbrews and hand-crafted products. A children’s area will be available and child entry is free.

CIDER FESTIVAL

FRI & SAT – Celebrate all things Cider with over 150 ciders featured at the 8th annual Portland’s Cider fest. Sip both local and international variety while enjoying food and live music in the Pearl.

SHERWOOD WINE FESTIVAL & ARTISANS FAIR

FRI & SAT – Sip, sniff and savor local wines from 18 featured wineries and breweries. Food carts and live music will be in attendance. Saturday adds a free area for all ages with art vendors and another music stage. The Sherwood Wine Foundation’s mission is to benefit education and entrepreneurship in our community by celebrating, supporting and bringing exposure to Willamette Valley wineries and vintners.

NATIVE FESTIVAL: PACIFIC ‘OHANA FOUNDATION

FRI-SUN – Kalama Heritage Festival blends the celebrations in cultures of Hawaiian and Native Americans with music, food dancing and other vendors. Tickets available for Saturday Luau dinner and show.

SWEDISH FILMS AT THE PORTLAND ART MUSEUM

FRI-JULY 22 – View 17 films by famous Swedish director for the exhibit Ingmar Bergman: A Centenary Celebration.

WASHINGTON COUNTY K-9 TRIALS

SAT – Bring your family and watch the local police dogs in action. Food and beverages will be available for purchase at Hare Field in Hillsboro.

INTERNATIONAL FESTIVAL: WORLD BEAT FESTIVAL

FRI-SUN – Oregon’s largest multicultural event, has ethnic foods, crafts, demonstrations, performances, parades, children’s activities, as well as a beer & wine garden. Dragon boat races are held in Salem. Donations are gladly accepted.

OREGON MUSIC FESTIVAL

THROUGH JULY 14 – The most significant classical music event to hit the Oregon concert stage in the last decade.

FIELD & VINE’S FARM DINNER

THROUGH DECEMBER 1 – Enjoy the stunning wines of Oregon over a six-to-seven course dinner expertly prepared by Field & Vine chefs using ingredients sourced straight from the host and surrounding farms.

OREGON ZOO SUMMER CONCERTS

THROUGH SEPTEMBER 12 – Enjoy world class performers while enjoying a great day at the zoo.

FORCES OF NATURE: HISTORIC PORTLAND FLOODS, FIRES, ICE & SNOW

THROUGH JULY 8 – Portland is known for its mild climate and beautiful natural surroundings, but the city has felt nature’s fury during its 170-year history. From a downtown submerged in water, to a waterfront in flames, to a city immobilized by ice and snow, explore how Portland residents have survived and recovered from natural disasters.

FLASH BACK DANCE CRUISE

EVERY SATURDAY – Gather your crew & rock your best retro threads from the 70’s, 80’s and 90’s!

80’S VIDEO DANCE ATTACK

EVERY FRIDAY & SATURDAY – Dig out your neon mesh shirts, crimping iron and striped legwarmers to travel back to the 1980s! Classic music videos projected on giant screens complimented with a thumping sound system and light show, this dance extravaganza is sure to get the blood pumping!

DUELING PIANO SHOW

EVERY FRIDAY & SATURDAY – The Barrel Room lays claim to the longest running dueling piano shows in Portland. The show, which at times can get a “little cheeky,” isn’t just two players banging on pianos for five hours, we boast a Vegas style, Request Driven, Audience Interactive Show complete with Bits, Games, Sing-A-Longs, Comedy and some of the best players in the U.S.

PORTLAND CIDER HOUSE’S CIDER-MOSA SATURDAY

EVERY SATURDAY – Enjoy a liquid brunch and try a variety of delicious and fun cider-mosas.

COMEDYSPORTZ

FRI-SAT – A fun, fast-paced comedy show that’s great for the whole family, great for business entertainment and great for groups of all types.

HUNTED 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 THURSDAY SUNDAY – 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.

URBAN SCAVENGER HUNT

ALL MONTH -Smart Phone clues lead you on a fun & engaging walking tour of the city.  Start you in the heart of downtown at Pioneer Courthouse Square and will take you on a journey 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 – five players, with prizes for everyone on the winning team.

GEEKS WHO DRINK’S PUB QUIZ

ALL MONTH – Anyone can grab a deck of Trivial Pursuit cards and run a “trivia night.” Interactive and beer-soaked pub quiz events all over Portland.

VANCOUVER METRO EVENTS

AMERICAN CANCER SOCIETY FUNDRAISER: STRING ART

THURS – Join the American Cancer Society as they raise funds using string art projects.

SPIRIT TALES OF THE VANCOUVER BARRACKS

THROUGH OCT 27 – Service members, their families, and many others, walked its grounds, leaving behind many memories. Memories of loneliness, fear and tragedy, all part of the darker aspects of military life. Whether you believe in ghosts or not, you will be interested in these stories of the Vancouver Barracks’ past residents.

Vancouver Farmers Market

THROUGH OCT 28 – Home to over 250 vendors with fresh and local produce, flowers, plants, baked goods, delicious food, pet treats, and accessories for yourself, home, or garden.

MOVIES OPENING THIS WEEKEND

  • Uncle Drew
  • The Cake Maker
  • Sanju
  • Leave No Trace

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: June 25, 2018

According to reports released by the Census Bureau, HUD and Ellie Mae, single-family starts are up 9.8% through the first five months of 2018 compared to the same time period in 2017 and purchase loans now represent the largest share of loans since the recessionBelow are a few highlights from the third week of June that influence our business:


* Housing Starts Reach Post-Recession High in May as Permits Soften.Total housing starts increased in May with gains in both the single-family and multifamily sectors. Starts increased 5% month-over-month to a 1.35 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD. This pace is a post-recession high. The rate of single-family starts was 3.9% higher in May, reaching a 936,000 annual rate. Recent growth trends for single-family starts match ongoing healthy levels of the NAHB/Wells Fargo Housing Market Index, now registering a score of 68. However, builders continue to report concerns about ongoing labor access issues and dramatic price increases for softwood lumber. Recent price increases for lumber are adding about $9,000 in price per newly-built single-family home. On a year-to-date basis, single-family starts are 9.8% higher as of May relative to the first five months of 2017, performing better than our forecast. However, single-family permits, a useful indicator of future construction activity, declined 2.2% in May. With respect to housing’s economic impact, 54% of homes under construction in May were multifamily (612,000). The current count of apartments under construction is roughly unchanged over the last year. In May, there were 515,000 single-family units under construction, a gain of more than 12% from this time in 2017.


* Mortgage Application Volume Second Highest of the YearMortgage interest rates waffled, moving in different directions depending on the product last week, but the volume of mortgage applications increased rather decisively.  The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, surged by 5.1 percent during the week ended June 15. It was the largest increase in total mortgage volume since the week ended January 5, 2018. On an unadjusted basis the volume was up 3 percent. Applications for both refinancing and home purchases increased compared to the week ended June 8. The Refinance Index gained 6 percent and the refinancing share of applications grew from 35.6 percent to 36.8 percent.  The seasonally adjusted Purchase Index increased by 4.0 percent from one week earlier and the unadjusted Purchase Index by 1.0 percent.  The latter was up 3.0 percent from the same week one year ago.


* Ellie Mae: Purchase Loan Share at Post-Recession Highs. Loans for home purchasing continue to dominate mortgage originations and Ellie Mae says they may now represent the largest share of loans since the recession.  The company’s May Origination Insight Report put the purchasing share at 70 percent, the largest percentage at least since they started tracking the figure in 2011.  Purchase loans made up had 66 percent of closed conventional loans, 75 percent of VA loans, and 80 percent of those backed by FHA. The 30-year interest rate for loans closed during the month was also the highest in Ellie Mae’s history, up 5 basis points from April to 4.84 percent. The distribution of loans across loan types was unchanged for conventional and FHA loans at 66 percent and 28 percent respectively while VA loans upped its  share from 9 to 10 percent.  The percentage of originations that were adjustable rate mortgages (ARMs) stayed at 6.6 percent for the second month, the highest since June 2014. Closing time for all loans held steady across the board at 41 days for the third month.  Refinance loans took an average of 37 days and purchase loans 43 days. Overall FICO scores increased slightly for the fourth consecutive month to 724. LTV remained at 79 and front and back DTI’s averaged 26/39.

Have a productive week!

Jason

Portland Metro Weekend Events Planner: June 22-24, 2018

PORTLAND METRO WEEKEND EVENTS PLANNER
JUNE 22-24, 2018

 

FESTIVAL OF BALLOONS

FRI-SUN Pre-dawn launch of approximately 20 hot air balloons, carnival rides and games, festival of cars, vendors, great food and much more!

INTERNATIONAL DAY OF YOGA

THURS – Family-friendly International Day of Yoga has classes, demonstrations, vendor booths, and live music at Pioneer Courthouse Square. A “pause for peace” is held from 12:15 to 12:20 p.m. Free.

MILK CARTON BOAT RACE

SAT Children and adults race and show off their handmade, human powered boats that float only by means of recycled milk cartons and jugs. Creatively constructed watercraft will compete in nine categories, with one earning a place in history upon the coveted Best in Show milk can trophy. 

PORTLAND INTERNATIONAL BEERFEST

FRI-SUN – 200+ world class beers from everywhere! Showcasing hard to find beers and ciders from all over the world, sample everything from classic styles to exotic new world hybrids.

GOOD IN THE HOOD

FRI & SUN Enjoy a parade, live entertainment, multicultural food, kids activities, beer and wine gardens and much more!  

RUN FOR BEER 5K

SAT All participants receive one local beer, seasonal merchandise or collector’s glassware as well as the opportunity to partake in brewery tours, product demos, special giveaways, and a special invitation to enjoy the day’s scheduled festivities.

WORLD NAKED BIKE RIDE

SAT Promoting cycling not only as a viable mode of transportation, but a form which should be celebrated! 

COMEDY SPORTZ

FRI-June 30 – A fun, fast-paced comedy show that’s great for the whole family, great for business entertainment and great for groups of all types.

LAVENDAR FESTIVAL

SAT-SUN Enjoy a day surrounded by everything lavender. Vendors, live music, beer and wine tasting and much more!   

OREGON MUSIC FESTIVAL

Through July 14 – The most significant classical music event to hit the Oregon concert stage in the last decade. 

FIELD & VINE’S FARM DINNER 

Through December 1 – Enjoy the stunning wines of Oregon over a six-to-seven course dinner expertly prepared by Field & Vine chefs using ingredients sourced straight from the host and surrounding farms.

OREGON ZOO SUMMER CONCERTS

Through September 12 -Enjoy world-class performers while enjoying a great day at the zoo.  

INGMAR BERGMAN: A CENTENARY CELEBRATION 

Through July 22 – See 17 dramatic films by Sweden’s most famous director, including new digital restorations.  

FORCES OF NATURE: HISTORIC PORTLAND FLOODS, FIRES, ICE & SNOW

Through July 8 – Portland is known for its mild climate and beautiful natural surroundings, but the city has felt nature’s fury during its 170 year history. From a downtown submerged in water, to a waterfront in flames, to a city immobilized by ice and snow, explore how Portland residents have survived and recovered from natural disasters.

80’s VIDEO DANCE ATTACK

Every FRI & SAT – Dig out your neon mesh shirts, crimping iron and striped legwarmers to travel back to the 1980s! Classic music videos projected on giant screens complimented with a thumping sound system and light show, this dance extravaganza is sure to get the blood pumping!

PORTLAND CIDER HOUSE’S CIDER-MOSA SATURDAY

EVERY SAT – Enjoy a liquid brunch and try a variety of delicious and fun cider-mosas.

FLASHBACK DANCE CRUISE
SAT – Gather your crew & rock your best retro threads from the 70’s, 80’s and 90’s!

DUELING PIANO SHOW
FRI & SAT (All Month) – The Barrel Room lays claim to the longest running dueling piano shows in Portland. The show, which at times can get a “little cheeky,” isn’t just two players banging on pianos for five hours. They boast a Vegas style, request driven, interactive show complete with bits, games, sing-a-longs, comedy and some of the best players in the U.S.

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.

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.

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.

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.

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.

 

VANCOUVER METRO EVENTS

RECYCLED ARTS FESTIVAL

SAT-SUN – The largest event of its kind in the Pacific Northwest. More than 120 vendors display their artwork made from at least 75% recycled and repurposed materials. Always entertaining, the Festival is packed with art, music, food and activities designed to make learning about reducing waste and recycling fun.

FORT VANCOUVER ROSE SOCIETY’S 65TH ANNUAL ROSE SHOW 

SAT – The largest rose show in the state of Washington and the second largest in the country. Exhibits of the most beautiful roses grown in the Northwest – hybrid teas, floribundas, grandifloras, old garden roses, miniatures and mini-floras – will be on display along with arrangements of large roses and miniatures.

GATHER AND FEAST FARM SUMMER KICKOFF DINNER 

SAT – Among the most authentic farm-to-table experiences in the Pacific Northwest. Cocktail hour, multi-course dinner, live music, and unlimited beer, wine and cocktails!

SPIRIT TALES OF THE VANCOUVER BARRACKS 

Through October 27 – Service members, their families, and many others walked its grounds, leaving behind many memories. Memories of loneliness, fear and tragedy, all part of the darker aspects of military life. Whether you believe in ghosts or not, you will be interested in these stories of the Vancouver Barracks’ past residents.

VANCOUVER FARMER’S MARKET

Through October 28 – Home to over 250 vendors with fresh and local produce, flowers, plants, baked goods, delicious food, pet treats, and accessories for yourself, home, or garden.

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
· Jurassic World: Fallen Kingdom
· The Catcher was a Spy
· Boundaries
· The Con is On
· Distorted
· Damsel
· The King
· Incident in a Ghostland

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: June 18, 2018

According to the Financial Accounts of the United States, published by the Board of Governors of the Federal Reserve System, the value of owners’ equity in real estate reached $15 trillion in the first quarter of 2018Below are a few highlights from the second week of June that influence our business:
* Homeowners’ Equity Reaches a New High. Over the first quarter of 2018, the value of owners’ equity in real estate expended and hit a new high on a nominal and not seasonally adjusted basis, according to the Financial Accounts of the United States for the first quarter of 2018. This data is published by the Board of Governors of the Federal Reserve System. On a nominal and not seasonally adjusted basis, households’ owner-occupied real estate increased to $25.1 trillion totally in the first quarter of 2018, $544 billion more than the fourth quarter of 2017 and $1,674 billion more than the first quarter of 2017. The value of owners’ equity in real estate, the difference between the value of owner-occupied real estate and home mortgage debt, rose by $1.4 trillion over the past four quarters and reached $15.0 trillion in the first quarter of 2018.

* These Are The 5 Issues Impacting Real Estate Right NowThe Counselors of Real Estate, an advisory organization that monitors real estate, released its latest report detailing the top 10 issues affecting the real estate industry. This year, the organization divided its annual list to focus on five issues currently impacting the industry and five issues to watch for potential long-term impact over the next three to seven years. Leading the list of current issues to watch is interest rates and the economy. While interest rates continue to climb, both the commercial and residential real estate markets are feeling changes. Leading the list of long-term issues impacting real estate is infrastructure – and what the organization says is a lack of effort by the U.S. to address deterioration. The five issues impacting real estate right now are: rising rates and the economy, politics and political uncertainty, housing affordability, generational change and demographics and e-commerce and logistics. The five issues to look out for in the future are: infrastructure, disruptive technology, natural disasters and climate change, immigration and energy and water.

* The Number of Days Homes Spend on the Market Hits Post-Recession Low. In yet another sign of the ultra-competitive housing market buyers now face, the time homes spend on the market has never been shorter since the recession began. List to sale time has dropped by more than 50% since 2010. The median list-to-sale time, which is the period of time between when a listing is officially posted and when the home is officially sold, was just 64 days, down from 77 a year ago, according to real-estate website Trulia. This figure has consistently dropped every year since 2010. The figure set this month now represents an all-time low, according to Trulia’s calculations. The fastest moving markets are all located in the West: The median period for Seattle, San Francisco and San Jose, Calif., is just 36 days.

Using Portable Gardens for Curb Appeal

To make your home more attractive to buyers, plant fresh flowers, hang wreaths on doors, or put plants in containers to take your garden with you when you sell your home!

Containers can accent your home’s personality – use washtubs for a farmhouse look or colorful fired pottery for a bohemian vibe. They’re the perfect solution for styling an entry or walkway.

If you’re lucky enough to have a sizable front porch, use potted plants and furnishings to create a simple but inviting outdoor room. Add a comfortable bench or chairs to create a picturesque conversation nook.

For exterior design on a dime, install a pre-fabricated arbor or trellis to give form to your yard and complement your plantings.

Follow these easy tips to ensure your potted gardens thrive:

Pick the right container. A confined space means substituting what the plants would get if they were in the ground. You need to have enough space for plants to grow and proper drainage holes so your plants don’t become sodden.

Use fresh potting soil. Good potting soil doesn’t clump and allows roots to spread. It contains nutrients to give plants a good head start.

Group plants according to sun and water needs. A mix of cascading plants, tall leafy plants and various flowers make a beautiful composition. You can even mix in edibles like veggies and herbs, but make sure all the plants in one container require the same amount of sun and water.

Water frequently. Container gardens dry out quickly, especially smaller pots. Check that the container is draining properly and you don’t have to worry about overwatering. Water daily in warm weather.

Bigger is better. Larger containers hold more soil, allow plants to grow larger, offer more room for variety and require less frequent watering.


©2016 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. Equal Housing Opportunity.