This Week in Real Estate: Oct. 31, 2016

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Home prices are now just 0.1% below the all-time highs set in 2006 according to Case-Shiller data released This Week in Real Estate. Below are a few highlights from the final week of October that influence our business:

* Pending Home Sales Edge Up in September. Boosted by increases in the West and South, the Pending Home Sales Index increased 1.5% in September, and climbed 2.4% higher than the same month last year. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), increased to 110.0 in September from a downwardly revised 108.4 in August. The PHSI increased 4.7% in the West and 1.9% in the South, but decreased 0.2% in the Midwest and 1.6% in the Northeast. Year-over-year, the PHSI was up 7.7% in the Northeast, 4.0% in the West and 1.7% in the South, while falling 1.0% in the Midwest. The PHSI has increased year-over-year for 22 of the past 25 months, so the September increase suggests that the upward trend in existing sales will continue.
Full Story…  http://www.realtor.org/news-releases/2016/10/pending-home-sales-edge-up-in-september

* Case-Shiller: Rising House Prices Just Below Record Highs. Home prices are continuing to rise; now mere basis points below the all-time highs for prices, set in 2006. 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, reported a 5.3% annual gain in August, up from 5.0% in July. Per the report, the Index is currently at 184.42, which is within 0.1% of its record high of 184.62, set in July 2006. The increase in August represents the 52nd consecutive month of positive gains. The report states the Portland, Seattle and Denver turned in the highest year-over-year gains among the 20 cities for the seventh consecutive month, with year-over-year increases of 11.7%, 11.4% and 8.8%, respectively.
Full Story…  http://www.housingwire.com/articles/38364-case-shiller-rising-house-prices-just-below-record-highs?eid=322520585&bid=1568560

* Homeowners Facing Foreclosure Hit 9-Year Low. According to new data released Tuesday morning by Black Knight, the rate of loans in active foreclosure is lower right now than at any point in the last nine years. Black Knight’s “First Look” at the September mortgage data shows that only 1% of the total number of mortgages in the U.S. are currently in active foreclosure, which is 3.38% lower than the previous month, 31.23% lower than the same time period last year, and represents a nine-year low. Black Knight’s report also showed that there were 61,700 foreclosure starts in the month of September, which represents a 10.32% decrease from the previous month and a 22.78% decrease from the same time period in the previous year. Overall, the total loan delinquency rate, which represents loans that are 30 or more days past due, but not in foreclosure, is at 4.27% of all loans. That represents a slight increase of 0.74% from the previous month, but a 12.24% decrease from 2015’s total. Black Knight’s report also showed that September saw the third highest prepayment rate in three years.
Full Story…  http://www.housingwire.com/articles/38361-loans-in-foreclosure-fall-to-9-year-low?eid=322520585&bid=1567351

Have a productive week,

Jason

 


6 Great Neighborhoods for Millennials in Portland

Who wouldn’t want to live in Portland? It’s known for being interesting and eclectic, fresh and innovative. That’s why there’s been such an influx of millennials taking up residence in this cool city. Here are six great neighborhoods for millenials in Portland, Oregon.

 

6. Downtown

Downtown is friendly and welcoming, yet very upscale. The public transportation is great, making it a very convenient area to live in. There are a lot of students in the Downtown area, giving the core of Portland a lot of energy. The food is delicious and restaurants tend to be health conscious in this area.

 

5. Northwest District

My view this morning. 🙌🏻

A photo posted by Laura (@lstoddardhancock) on

In the Northwest District, residents are usually between the ages of twenty-five to thirty-four years old. There are many bars, coffee shops, and restaurants in this area, making it a popular spot. There is a high education rate along with a large diversity amongst residents.

 

4. Eliot

NE Portland paradise

A photo posted by @threemaybefour on

Eliot is a great neighborhood to live in because it is both a safe and accessible location. Due to the fact that locals are concerned with health and fitness, you’ll see many people biking to work and a lot of organic healthy foods. If you work downtown the bike path makes it easy for you to get there.

 

3. Old Town-Chinatown

The Old Town-Chinatown neighborhood is a hip area to live in because of the abundance of appealing and popular bars, coffee shops, and restaurants. The police are ever-present, making it a safe place to live. It’s also a very short commute away from everywhere else in the city.

 

2. Kerns

On my walk

A photo posted by Theresa Riccardi (@theresariccardi) on

There are many local parks, shopping areas, and delicious restaurants in Kern, yet it has a great small neighborhood feel. It’s very easy to get to other parts of the city from here, thanks to the good public transit system. The people in the neighborhood are friendly and there are relatively low crime rates. There’s also a great selection of microbreweries, local coffee roasters, and independent businesses.

 

1. Buckman

Buckman boasts very little crime. The atmosphere of this neighborhood is great; it is a hub of culture. Residents of this neighborhood tend to be between twenty-five to thirty-four years old, largely because Buckman is in such close proximity to countless notable bars, coffee shops, and restaurants.

 


Portland Metro Weekend Events Planner: Oct. 28-31, 2016

PORTLAND METRO EVENTS WEEKEND PLANNER
FOR OCT. 28-31, 2016

THRILLER DANCE
SAT – Practice dancing Michael Jackson’s “Thriller” in advance, and then show up (ghoulish costume optional) for Thrill the World Portland.

INDOOR TRICK-OR-TREATING
Through MON – Keep those costumes (and face paint) dry this year by taking the fun indoors at one of the many events happening around town.

WHERE TO TRICK OR TREAT
MON – Top ranking Portland neighborhoods and suburbs for trick-or-treating.

PUMPKIN BEER FESTIVAL
SATKiller Pumpkin Festival offers 40 pumpkin beers and cocktails, pumpkin bowling and smashing, and live street music at Green Dragon Bistro & Brew Pub.

EEK WEEK
THURS-MON – Visit the Portland Children’s Museum for different fun Halloween events going on each day.

BOO CRUISE
SAT – Put on your most creative and/or scary costume and come on board for live music from The Groove, dancing and costume contests.

PUMPKIN PATCHES
Through SUN – Find a pumpkin patch near you!

PUMPKIN FEST
FRI-SUN See pumpkins shot from a cannon, take a hayride, navigate a corn maze, try archery & paintball, and choose a pumpkin during Pumpkin Fest at Wooden Shoe Tulip Farm in Woodburn on Fridays, Saturdays, and Sundays.

13TH DOOR HAUNTED HOUSE
Through November 5th – Portland’s best haunted attraction, highly detailed sets help you become part of the horror as you journey among animated creatures and theatrical actors.

ANTIQUE & COLLECTIBLE SHOW
FRI-SUN – There will be hundreds of outstanding antique collectors and dealers with more than 900 booths available to view!

KUMORICON
FRI-SUN – Back for its 14th year of showcasing anime and Japanese culture. Stretching across generations, anime fans are gathering together for this amazing annual event.

BENDING THE BARD: CINEMATIC TWISTS ON SHAKESPEARE
Through SUN – Seventeen “unconventional” cinematic adaptations of Shakespeare’s plays. Freed from restrictions of a certain time, location, or even language, the filmmakers in this series have created works that both reflect and transcend their immediate cultural origins.

FILMS OF SCANDANAVIA
Through SAT – At New Scandinavian Cinema, watch dramas, comedies, and thrillers from Denmark, Finland, Norway, Sweden, and Iceland. Portland Art Museum.

FRIGHT TOWN
Through November 5th3 Haunted Houses in one location! New Grimthorne Manor: overrun by angry spirits, vampires, werewolves and maniacs. The Witch House: a burnt-out skeleton of a building where a demonic cult has holed up to practice their witchcraft in the dark, secret halls. Museum of Horrors: the cacophonous cornucopia of creepies, crawlies, werechickens, evil clowns and so much more.

HAUNTED PUB TOUR
Through MON – A spine-tingling excursion. Hear first-hand accounts of recent paranormal encounters while sampling 7 award-winning local beers. The route includes stops at two historic pubs for beer tastings as well the old Merchant Hotel, known as Portland’s most haunted building.

PORTLAND SATURDAY MARKET
SAT-SUN through December – The nation’s largest weekly open-air arts and crafts market. Stroll down row upon row of unique creations made by the people who sell them in Old Town.

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.

VANCOUVER METRO EVENTS

CLARK COUNTY SCAREGROUNDS
Through MON – The Northwest’s premier all-ages Halloween event located on the 170-acre Clark County Event Center. 4 haunted houses, carnival, games & much more!

ROCKY HORROR PICTURE SHOW
SAT – Once seated, be ready for a crazy time! Our emcee will initiate you into the wonderful world of Rocky through Rocky virgin “sacrifice,” share the rules with you, and give you some helpful hints about the movie. Some people dress up, some don’t. Extravagant costumes are highly encouraged!

HAUNTED WALKING TOUR
FRI & SAT – Experience a spooky slant on history on a Clark County Historical Museum walking tour on a dark night.

DINE THE COUV
Through SUN – Foodies and beer drinkers unite! For the entire month of October, original Vancouver USA eateries, breweries and tasting rooms will serve up some special items.

FARMER’S MARKET – DOWNTOWN
SAT-SUN (through October 30)  Vancouver’s Farmer’s Market. Over 250 vendors with fresh and local produce, flowers, plants, baked goods and much more at 6th & Ester in downtown Vancouver.

OPEN SATURDAYS AT PEARSON AIRBASE
EVERY 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

·         Inferno
·         Crosscurrent
·         The Windmill
·         New Life
·         American Pastoral
·         The Unspoken

Click here for movie times and theatres.

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: October 24, 2016

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The return of the first-time homebuyer was welcomed news This Week in Real Estate, as they accounted for 34% of September sales, the highest portion in more than four years. Below are a few highlights from the third week of October that influence our business:

* Five Notable Nuggets From NAR’s Home Buyer and Sellers Survey’s 35-Year History. When the first Profile of Home Buyers and Sellers was introduced 35 years ago by the National Association of Realtors, mortgage rates were over four times higher than they are today and first-time buyers made up a much larger share of overall sales (44%). Over time, homebuyer tastes and behaviors have changed, yet many have stayed the same. To mark the 35th year of NAR’s highly-anticipated survey capturing the pulse of buyers and sellers, here are five notable trends from the past three-and-a-half decades: (1) participation from first-time buyers is depressed, (2) the internet is not replacing a real estate agent, (3) buyers have bought slightly bigger, but the pace is currently at a standstill, (4) down payments have trended down over time, but not in recent years and (5) the home search is taking longer; tight inventory has slowed the pace in past two years.
Full Story… http://www.realtor.org/news-releases/2016/10/five-notable-nuggets-from-nar-s-home-buyer-and-sellers-survey-s-35-year-history

* Single Family Rental Returns Drop to Nine-Year Low in 2016 as Institutional Investor Purchases Rise in 68% of Local Markets. ATTOM Data Solutions released its Q3 2016 Single Family Rental Market Report on Thursday, which found that average single family rental returns dropped to a nine-year low for homes purchased so far in 2016 among 473 U.S. counties analyzed for the report. The average annual gross rental yield among the 473 counties was 8.7 percent for properties purchased in the first seven months of 2016, down from an average of 8.8 percent for the same time period in 2015 to the lowest level since 2007, when the average gross rental yield across the 473 counties was 7.3 percent. Nationwide, 2.7 percent of all single family homes that sold in the first seven months of 2016 were purchased by institutional investors (entities purchasing at least 10 properties in a calendar year).
Full Story… http://www.realtytrac.com/news/home-prices-and-sales/q3-2016-single-family-rental-market-report/

* Sales Surge Thanks to First-Time Buyers at 4-Year High. There is a lot of upbeat news in the September existing home sales report released by NAR on Thursday. Sales rebounded sharply and the improvement was seen in all four regions. More good news, NAR attributed part of that to increased participation from first-time homebuyers, a group that has worried the housing industry by its relative absence. Total existing home sales during the month, including single-family homes, townhomes, condos, and co-ops, rose 3.2 percent to a seasonally adjusted annual rate of 5.47 million. First-time buyers accounted for 34 percent of sales, the highest portion in more than four years. Existing-home sales in the West jumped 5.0 percent to an annual rate of 1.25 million, up 1.6 percent year-over-year. The median price in the West was $345,400, an 8.1 percent annual gain.
Full Story… http://www.mortgagenewsdaily.com/10202016_existing_homes.asp

Have a productive week.

Jason

Portland Metro Weekend Events Planner: Oct. 21-23, 2016

PORTLAND METRO EVENTS WEEKEND PLANNER
FOR OCT. 21-23, 2016

PORTLAND VEGFEST
SAT-SUNPortland VegFest offers free samples, films, cooking demonstrations, 100 exhibitors, speakers, and tasty food at the Oregon Convention Center.

THE MAGICAL MUSIC OF DISNEY
Through October 30th – More concert than traditional musical, The Magical Music of Disney brings together over 60 Disney hits from Snow White, Frozen, Beauty and the Beast and more—all in 90 minutes.

SALMON HOMECOMING
SAT-SUN – Nothing says “Pacific Northwest” like the annual return from the ocean of salmon, fighting upstream to spawn and die in the rivers of their birth. In October, witness this ancient, iconic phenomenon at Oxbow Regional Park along the Sandy River, one of the nation’s designated Wild and Scenic rivers. During the annual Salmon Homecoming, naturalists are on hand to help you see the salmon and explore other aspects of the park’s 1,000 acres of old-growth forest, hiking trails, equestrian trails, and river beaches. Take the chill off around the campfire. Hot drinks provided.

RETRO GAMING EXPO
FRI-SUN – Listen to panels, visit the game making workshop, view tournaments and a film screening, play games, listen to live music and more!!

GREAT NW BEER AND WINE FEST
SAT – Visit vendors from local breweries, restaurants & more while enjoying live music at the Portland Expo Center.

GREAT AMERICAN SPIRITS FESTIVAL
SAT – This festival is a gathering of distillers from across the country to share their products, passion and expertise in handcrafting spirits. There will be tastings, seminars, a mixology contest for bartenders and more!

INTIMATE ILLUSIONS
SUN – Filled with world-class magic, fantastic story-telling, audience participation and incredible live music by Celine Dion’s concert cellist, this intimate performance weaves original, thought-provoking illusions, wit, humor, and dazzling live music together with an entertaining theatrical twist.

KILLER BEER WEEK
Through SUN – Celebrating eight strong years of bringing craft beer news and events to the craft beer drinkers of the Pacific Northwest.

PUMPKIN PATCHES
Through Oct 30th – Find a pumpkin patch near you!

PUMPKIN FEST
FRI through October 30th See pumpkins shot from a cannon, take a hayride, navigate a corn maze, try archery & paintball, and choose a pumpkin during Pumpkin Fest at Wooden Shoe Tulip Farm in Woodburn on Fridays, Saturdays, and Sundays.

13TH DOOR HAUNTED HOUSE
Through November 5th – Portland’s best haunted attraction, highly detailed sets help you become part of the horror as you journey among animated creatures and theatrical actors.

BENDING THE BARD: CINEMATIC TWISTS ON SHAKESPEARE
Through October 30th – Seventeen “unconventional” cinematic adaptations of Shakespeare’s plays. Freed from restrictions of a certain time, location, or even language, the filmmakers in this series have created works that both reflect and transcend their immediate cultural origins.

FRIGHT TOWN
Through November 5th3 Haunted Houses in one location! New Grimthorne Manor: overrun by angry spirits, vampires, werewolves and maniacs. The Witch House: a burnt-out skeleton of a building where a demonic cult has holed up to practice their witchcraft in the dark, secret halls. Museum of Horrors: the cacophonous cornucopia of creepies, crawlies, werechickens, evil clowns and so much more.

HAUNTED PUB TOUR
Through October 31st – A spine-tingling excursion. Hear first-hand accounts of recent paranormal encounters while sampling 7 award-winning local beers. The route includes stops at two historic pubs for beer tastings as well the old Merchant Hotel, known as Portland’s most haunted building.

RADICAL 80’S CRUISE
Through SAT – Break out the hammer pants and leg warmers! Time warp to the most radical decade and dance to the best of the 80’s with DJ MC.

CAT IN THE HAT
Through SUN – Enter a world of magic and mischief as Conrad, Sally, and their very grumpy goldfish follow the Cat in the Hat on an adventure through the imagination of Dr. Seuss!

PORTLAND SATURDAY MARKET
SAT-SUN through December – The nation’s largest weekly open-air arts and crafts market. Stroll down row upon row of unique creations made by the people who sell them in Old Town.

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.

VANCOUVER METRO EVENTS

FAMILY NATURE FEST
SAT – A low-cost event to get local families outside without having to leave town, because being outside is good for our health and for our sense of community. The event also teaches families about the nature in our own backyards, and the why’s and how’s of how they can help protect it for future generations. 

DRINK THIS!
SAT – A chance to meet the makers of artisan beverages! This is a free event open to anyone. No signups, just show up at one of our locations, get your map, and choose your route.

CLARK COUNTY SCAREGROUNDS
Through October 31st – The Northwest’s premier all-ages Halloween event located on the 170-acre Clark County Event Center. 4 haunted houses, carnival, games & much more!

HAUNTED WALKING TOUR
FRI & SAT through October 29th – Experience a spooky slant on history on a Clark County Historical Museum walking tour on a dark night.

DINE THE COUV
Through October 30th – Foodies and beer drinkers unite! For the entire month of October, original Vancouver USA eateries, breweries and tasting rooms will serve up some special items.

FARMER’S MARKET – DOWNTOWN
SAT-SUN (through October 30)  Vancouver’s Farmer’s Market. Over 250 vendors with fresh and local produce, flowers, plants, baked goods and much more at 6th & Ester in downtown Vancouver.

OPEN SATURDAYS AT PEARSON AIRBASE
EVERY 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

·         Keeping Up with the Joneses
·         Ouija: Origin of Evil
·         Jack Reacher: Never Go Back
·         Boo: A Madea Halloween
·         Fear, Inc
·         Good Kids

Click here for movie times and theatres.

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: Oct. 17, 2016

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Reports released This Week in Real Estate by ATTOM Data Solutions and CoreLogic about the pre-recession levels of foreclosure activity and inventory the country is experiencing dominate headlines. Below are a few highlights from the second week of October that influence our business:

* September Foreclosure Activity Decreases 24% From a Year Ago to Lowest Level Since December 2005. ATTOM Data Solutions released its September and Q3 2016 U.S. Foreclosure Market Report on Thursday, which shows a total of 82,972 properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – in September, down 13 percent from the previous month and down 24 percent from a year ago to the lowest level since December 2005. There were a total of 293,190 U.S. properties with foreclosure filings in Q3 2016, up 4 percent from the previous quarter but down 10 percent from a year ago. It was the fourth consecutive quarter where foreclosure activity has decreased on a year-over-year basis. “While we’ve known that the national foreclosure problem has been dying a long, slow death for quite some time, the final nail in the coffin of the foreclosure crisis is the year-over-year decrease in the average foreclosure timeline nationwide that we saw in Q3 2016 – the first time that’s happened since we began tracking foreclosure timelines in Q1 2007,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.
Full Story…  http://www.realtytrac.com/news/foreclosure-trends/september-and-q3-2016-foreclosure-market-report/

* CoreLogic: Foreclosure Inventory Drops to Less Than 1% Nationally. CoreLogic released its August 2016 National Foreclosure Report on Tuesday which shows the foreclosure inventory declined by 29.6 percent and completed foreclosures declined by 42.2 percent compared with August 2015. The number of completed foreclosures nationwide decreased year over year from 64,000 in August 2015 to 37,000 in August 2016, representing a decrease of 69 percent from the peak of 118,221 in September 2010. As of August 2016, the national foreclosure inventory included approximately 351,000 or 0.9 percent, of all homes with a mortgage compared with 499,000 homes, or 1.3 percent, in August 2015. The August 2016 foreclosure inventory rate is the lowest it’s been since July 2007. The number of mortgages in serious delinquency (defined as 90 days or more past due including loans in foreclosure or REO) declined by 20.6 percent from August 2015 to August 2016, with 1.1 million mortgages, or 2.8 percent, the lowest level since September 2007.
Full Story…  http://www.corelogic.com/about-us/news/corelogic-reports-37,000-completed-foreclosures-in-august-2016.aspx

* Home Appraisals Continue to Fall Below Owner Perceptions Nationally. According to Quicken Loans’ national Home Price Perception Index (HPPI) appraisals across the country were an average of 1.56 percent lower than what refinancing homeowners expected in August. The trend of owners overestimating their home’s value when refinancing continued in August, with appraisals falling 1.56 percent lower than owners’ expectations in the national HPPI. However, the gap between valuation opinions of appraisers and owners edged closer to equilibrium since last month when appraisals were 1.69 percent lower than expected. Despite the nationwide trend, appraised values were higher than owners’ estimates in nearly half of the metro areas examined by the study. The report varied nationally with some areas showing nearly identical estimates and values; while many western cities reported higher appraisals, like Denver where home values were as much as 3 percent higher than expected.
Full Story…  http://www.quickenloans.com/press-room/2016/09/13/home-appraisals-fall-owner-perceptions-nationally-home-value-growth-leaps-forward/

Have a productive week!

Jason

Rainy Season Landscaping: Attract Buyers to Outdoor Spaces

graphicblog

Rainy season doesn’t have to mean diverting buyers’ attention solely to indoor features.
Highlight the vibrant greenery of the Pacific Northwest to showcase your yard’s Winter usability.

Landscape features to consider

Covered patio. To create an entertainment area that’s protected from the rain, add a patio cover to your deck. Awnings may also work, but they are more likely to be damaged in storms. Once you have a covered area, add a patio heater to draw even more guests outdoors.

Rain gardens. Adding a rain garden to your property will attract wintertime wildlife to your garden, providing you with an opportunity to see beauty even in the darkest, coldest time of the year. Furthermore, rain gardens are an environmentally conscious way to handle the heavy winter rainfall endemic to the Pacific Northwest.
VinedGazebo_small

Selecting plants that shine in the rain

Oregon and Washington gardeners can create a beautiful wintertime landscape by selecting plants that will attract the eye even on cloudy days.

Here are a few suggestions:
Astilbes. These are perennial shrubs that produce feather-like flowers in the summer. As fall and winter come on, these flowers dry into intricate stalks, which add vertical interest to any winter landscape. Astilbes flourish in the clay soils that are common in the Portland area. Furthermore, they love waterlogged soil, so they thrive alongside ponds or rain gardens.

Ferns. Ferns often stay green all winter long in the Pacific Northwest. For instance, sword ferns’ arching fronds can provide a beautiful green feast for the eyes throughout the coldest months. Licorice fern is another cheerful choice for winter landscape design, as they break their dormancy in the early winter, sprouting out fresh new growth just after the New Year. Planting a few ferns along your front walk will draw visitors to your door.

Ornamental grasses. Ornamental grasses are like the exclamation points of the winter garden—their fuzzy seed heads bob and sway in winter storms. Grasses add texture and height to an otherwise bland design.

Bamboo. Bamboo is actually a grass that loses its leaves in the spring. In other words, bamboo will bring lush greenery to your garden throughout the winter. However, landscape designer service experts recommend planting bamboo cautiously, as this is one plant that can spread very quickly. If you want to plant traditional bamboo canes directly into the earth, you’ll need to install three-foot-deep barriers to prevent underground roots called rhizomes from spreading. (This is not true for clumping bamboo species, which are less aggressive.) Alternatively, you can plant bamboo in containers. This is a great approach to adding privacy to your winter landscape—designer ceramic pots with good drainage can be massed to create a “wall” of bamboo.

Don’t let buyers track in the mud

Finally, outline high-traffic zones where you (and potential buyers) are likely to tromp. Place pavers or stones in these areas so as to reduce the amount of mud that’s tracked into your home.


Portland Metro Weekend Events Planner: Oct. 14-16, 2016

PORTLAND METRO EVENTS WEEKEND PLANNER
FOR OCT. 14-16, 2016

 

PORTLAND PET EXPO
SAT-SUN – Bring your pet! The Portland Pet Expo features everything from adoptions, discounted vaccinations, demonstrations, the latest and greatest products, free nail trimmings and much more! 

HERE & THERE TRAVEL FEST
SAT-SUN – Filled with travel experts, attractions, exhibitors, savings and travel giveaways. You’ll find everything you need to start your next adventure.

KILLER BEER WEEK
Through October 23rd – Celebrating eight strong years of bringing craft beer news and events to the craft beer drinkers of the Pacific Northwest.

CITY CIDER FESTIVAL
FRI-SAT – Join what will soon be the largest cider event in the Pacific Northwest. Also featuring beer, wine and spirits, great food and live music. Open to all ages.

THE MAGICAL MUSIC OF DISNEY
Through October 30th – More concert than traditional musical, The Magical Music of Disney brings together over 60 Disney hits from Snow White, Frozen, Beauty and the Beast and more—all in 90 minutes.

PUMPKIN PATCHES
Through Oct 30th – Find a pumpkin patch near you!

PUMPKIN FEST
FRI through October 30th See pumpkins shot from a cannon, take a hayride, navigate a corn maze, try archery & paintball, and choose a pumpkin during Pumpkin Fest at Wooden Shoe Tulip Farm in Woodburn on Fridays, Saturdays, and Sundays.

13TH DOOR HAUNTED HOUSE
Through November 5th – Portland’s best haunted attraction, highly detailed sets help you become part of the horror as you journey among animated creatures and theatrical actors.

BENDING THE BARD: CINEMATIC TWISTS ON SHAKESPEARE
Through October 30th – Seventeen “unconventional” cinematic adaptations of Shakespeare’s plays. Freed from restrictions of a certain time, location, or even language, the filmmakers in this series have created works that both reflect and transcend their immediate cultural origins.

FRIGHT TOWN
Through November 5th3 Haunted Houses in one location! New Grimthorne Manor: overrun by angry spirits, vampires, werewolves and maniacs. The Witch House: a burnt-out skeleton of a building where a demonic cult has holed up to practice their witchcraft in the dark, secret halls. Museum of Horrors: the cacophonous cornucopia of creepies, crawlies, werechickens, evil clowns and so much more.

HAUNTED PUB TOUR
Through October 31st – A spine-tingling excursion. Hear first-hand accounts of recent paranormal encounters while sampling 7 award-winning local beers. The route includes stops at two historic pubs for beer tastings as well the old Merchant Hotel, known as Portland’s most haunted building.

RADICAL 80’S CRUISE
Through October 22nd – Break out the hammer pants and leg warmers! Time warp to the most radical decade and dance to the best of the 80’s with DJ MC.

JEKYLL & HYDE THE MUSICAL
Through SUN October 16th – The epic struggle between good and evil comes to life on stage in the musical phenomenon, Jekyll & Hyde. Based on the classic story by Robert Louis Stevenson and featuring a thrilling score of pop rock hits.

CAT IN THE HAT
Through October 23rd – Enter a world of magic and mischief as Conrad, Sally, and their very grumpy goldfish follow the Cat in the Hat on an adventure through the imagination of Dr. Seuss!

PORTLAND SATURDAY MARKET
SAT-SUN through December – The nation’s largest weekly open-air arts and crafts market. Stroll down row upon row of unique creations made by the people who sell them in Old Town.

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.

VANCOUVER METRO EVENTS

COUVFEST NW 2016
FRI-SAT – A festival to showcase Vancouver bands. Couvfest NW will have food vendors and a beer garden, and of course, live music! Free to all ages.

CLARK COUNTY SCAREGROUNDS
Through October 31st – The Northwest’s premier all-ages Halloween event located on the 170-acre Clark County Event Center. 4 haunted houses, carnival, games & much more!

HAUNTED WALKING TOUR
FRI & SAT through October 29th – Experience a spooky slant on history on a Clark County Historical Museum walking tour on a dark night.

DINE THE COUV
Through October 30th – Foodies and beer drinkers unite! For the entire month of October, original Vancouver USA eateries, breweries and tasting rooms will serve up some special items.

FARMER’S MARKET – DOWNTOWN
SAT-SUN (through October 30)  Vancouver’s Farmer’s Market. Over 250 vendors with fresh and local produce, flowers, plants, baked goods and much more at 6th & Ester in downtown Vancouver.

OPEN SATURDAYS AT PEARSON AIRBASE
EVERY 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

·         Max Steel
·         Coming Through the Rye
·         Kevin Hart: What Now?
·         Ordinary World
·         Priceless
·         Christine

Click here for movie times and theatres.

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: Oct. 10, 2016

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The summer housing market saw high demand next to rising home prices, but don’t expect Fall to bring any relief according to new data This Week in Real Estate from Realtor.com. In fact, analysts believe it could bring the hottest Fall in a decade. Below are a few highlights from the first week of October that influence our business:

* NAR Forecasts Heated Housing Market in 2017. Predictions from the National Association of Realtors, the Mortgage Bankers Association, Fannie Mae and Freddie Mac show that home sales are going to heat up in 2017, according to a blog by NAR. NAR predicted existing home sales will reach 6 million in 2017, an increase from this year’s forecast of 5.8 million, according to the blog. MBA predicted home sales will reach 5.75 million and Fannie and Freddie Forecast home sales will come in at 6.2 million.
Full Story…  http://www.housingwire.com/articles/38205-nar-forecasts-heated-housing-market-in-2017?eid=322520585&bid=1549805

* FBR: Mortgage Lending Set For Best Quarter Since 2007. Less than one month ago, the analysts of FBR & Co. predicted that 2016 could prove to be the best year for mortgage lending since 2013, but a new report from those same analysts suggests that 2016 could be even stronger than they predicted. Driving FBR’s increased projection is a strong 3rd quarter, which could prove to be the best for mortgage lending since the 4th quarter of 2007. In the new report, FBR analysts state that they currently estimate that mortgage originations will top $600 billion in the third quarter, topping their previous estimate of $565 billion. If mortgage originations do indeed exceed $600 billion, that would mean that the 3rd quarter of 2016 is the best quarter for mortgage lending in nearly nine years. And with a stronger than expected 3rd quarter boosting 2016’s originations, FBR’s analysts are now projecting 2016’s total origination volume to top $2 trillion, an increase from the $1.9 trillion they projected last month. The analysts noted that the trailing four-quarter purchase average jumped to $241 billion, the highest level since the 3rd quarter of 2007.
Full Story…  http://www.housingwire.com/articles/38222-fbr-mortgage-lending-set-for-best-quarter-since-2007?eid=322520585&bid=1549805

* CoreLogic Expects Home Prices to Peak in 2017. “Home prices are now just 6% below the nominal peak reached in April 2006,” said CoreLogic Chief Economist Frank Nothaft. “With prices forecasted to increase 5% over the next year, prices will be back to their peak level in 2017.” The HPI Forecast shows that home prices will increase by 5.3% annually by August 2017, and increased 0.4% from August to September. The CoreLogic HPI Forecast is a projection of home prices using the CoreLogic HPI and other economic variables. Values are derived from state-level forecasts by weighting indices according to the number of owner-occupied households for each state. “Housing values continue to rise briskly on stronger fundamental and investor-fueled demand, as well as lack of adequate supply,” said CoreLogic President and CEO Anand Nallathambi.
Full Story…  http://www.corelogic.com/about-us/news/corelogic-us-home-price-report-shows-prices-up-6.2-percent-year-over-year-in-august-2016.aspx

Have a productive week!

Jason
 

Portland Metro Weekend Events Planner: Oct. 7-9, 2016

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PORTLAND METRO EVENTS WEEKEND PLANNER
FOR OCT. 7-9, 2016

 

PORTLAND REGIONAL GEM & MINERAL SHOW
FRI-SUN – Hard to find rock, gem, mineral, jewelry, and lapidary tools, materials, and products. Silent auction, demonstrations, exhibits, fossils and a kid’s corner. 

PORTLAND FALL HOME & GARDEN SHOW
THURS-SUN – If you are searching for experts, remodeling pros, or gardening or landscaping gurus, this is the fall show for you. The largest selection of home products and service vendors all at one place!

SPORTS & FITNESS EXPO
FRI-SAT – The expo focuses on innovative fitness clothing, shoes and training aids; sports medicine and fitness programs, health screening checks and demonstrations, and other run and walk related products/services, along with food and beverage items.

WILDCAT SANCTUARY HALLOWEEN SOIREE
SAT – Enjoy a fun night of dining & dancing while helping raise money for WildCat Ridge—a no kill, ‘last home’ sanctuary for captive-born wildcats in need.

APPLE TASTING EVENT
FRI-SUN – It’s time to celebrate the abundance of apples and pears, tasting lines, fresh pressed cider demonstration.

THE MAGICAL MUSIC OF DISNEY
Through October 30th – More concert than traditional musical, The Magical Music of Disney brings together over 60 Disney hits from Snow White, Frozen, Beauty and the Beast and more—all in 90 minutes.

OKTOBERFEST AT MCMENAMINS
Through SAT October 8th – Various McMenamins in the Portland Metro area will be having different events to celebrate Oktoberfest—golf tournament, plant & veggie sale, live music events and more.

PUMPKIN PATCHES
Through Oct 30th – Find a pumpkin patch near you!

PUMPKIN FEST
FRI through October 30th See pumpkins shot from a cannon, take a hayride, navigate a corn maze, try archery & paintball, and choose a pumpkin during Pumpkin Fest at Wooden Shoe Tulip Farm in Woodburn on Fridays, Saturdays, and Sundays.

13TH DOOR HAUNTED HOUSE

Through November 5th – Portland’s best haunted attraction, highly detailed sets help you become part of the horror as you journey among animated creatures and theatrical actors.

BENDING THE BARD: CINEMATIC TWISTS ON SHAKESPEARE
Through October 30th – Seventeen “unconventional” cinematic adaptations of Shakespeare’s plays. Freed from restrictions of a certain time, location, or even language, the filmmakers in this series have created works that both reflect and transcend their immediate cultural origins.

FRIGHT TOWN
Through November 5th3 Haunted Houses in one location! New Grimthorne Manor: overrun by angry spirits, vampires, werewolves and maniacs. The Witch House: a burnt-out skeleton of a building where a demonic cult has holed up to practice their witchcraft in the dark, secret halls. Museum of Horrors: the cacophonous cornucopia of creepies, crawlies, werechickens, evil clowns and so much more.

HAUNTED PUB TOUR
Through October 31st – A spine-tingling excursion. Hear first-hand accounts of recent paranormal encounters while sampling 7 award-winning local beers. The route includes stops at two historic pubs for beer tastings as well the old Merchant Hotel, known as Portland’s most haunted building.

RADICAL 80’S CRUISE
Through October 22nd – Break out the hammer pants and leg warmers! Time warp to the most radical decade and dance to the best of the 80’s with DJ MC.

JEKYLL & HYDE THE MUSICAL
Through October 16th – The epic struggle between good and evil comes to life on stage in the musical phenomenon, Jekyll & Hyde. Based on the classic story by Robert Louis Stevenson and featuring a thrilling score of pop rock hits.

CAT IN THE HAT
Through October 23rd – Enter a world of magic and mischief as Conrad, Sally, and their very grumpy goldfish follow the Cat in the Hat on an adventure through the imagination of Dr. Seuss!

PORTLAND SATURDAY MARKET
SAT-SUN through December – The nation’s largest weekly open-air arts and crafts market. Stroll down row upon row of unique creations made by the people who sell them in Old Town.

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.

VANCOUVER METRO EVENTS

VANCOUVER BREWFEST, FRESH HOP EDITION
FRI – This two-day celebration of fresh hop beer style will feature fresh hop beers created by our local SW WA breweries and 5 special imported beers direct from Germany never before seen in Washington!

CLARK COUNTY SCAREGROUNDS
Through October 31st – The Northwest’s premier all-ages Halloween event located on the 170-acre Clark County Event Center. 4 haunted houses, carnival, games & much more!

HAUNTED WALKING TOUR
FRI & SAT through October 29th – Experience a spooky slant on history on a Clark County Historical Museum walking tour on a dark night.

DINE THE COUV
Through October 30th – Foodies and beer drinkers unite! For the entire month of October, original Vancouver USA eateries, breweries and tasting rooms will serve up some special items.

FARMER’S MARKET – DOWNTOWN
SAT-SUN (through October 30)  Vancouver’s Farmer’s Market. Over 250 vendors with fresh and local produce, flowers, plants, baked goods and much more at 6th & Ester in downtown Vancouver.

OPEN SATURDAYS AT PEARSON AIRBASE
EVERY 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

· The Girl on the Train
· Middle School: The Worst Years of My Life
· Spirit of the Game
· Phantasm: Ravager
· The Great Gilly Hopkins
· Torchbearer
· Under the Shadow
· The Late Bloomer

Click here for movie times and theatres.

CLICK HERE TO VIEW THIS WEEK’S OPEN HOUSES

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


©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.