Portland Real Estate Cafe Blog

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Sorrento Ridge Traditional - Must See Backyard

Wednesday, March 2nd, 2011 at 2:05pm. 728 Views, 0 Comments.

Deceiving beauty and value. MUST SEE BACKYARD ... sanctuary with a separate sport court. Every room is generous with finishing detail. Special hardwoods, vaulted ceilings, slate in remodeled kitchen, game room, sauna, hot tub. Great for entertaining and enjoying life. 

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3 Bedroom 2.5 Bath 3059 Sqft 

Taxes $5239 per year 

Address:  14308 SW STALLION DR , Beaverton, Oregon 97008

List price $319,500. 

For more details and photos see Sorrento Ridge Traditional

Don't forget to check out the Virtual Tour

Contact us to schedule a private showing.

 


 

 

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Multnomah Village, Marco's & Maplewood

Friday, December 17th, 2010 at 1:56pm. 1006 Views, 0 Comments.

So yesterday Melissa and I set off the check out Multnomah Village.  It is the first in an on-going series of blogs, videos, and photographs that we are starting in order to review neighborhoods, restaurants, coffee shops, and stores in order to get a better understanding of what each neighborhood has to offer.  In turn we are hoping this helps your experience as a buyer.

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Multnomah Village is in the heart of SW Portland.  It offers an adorable old fashioned Main St. appeal that isn’t found anywhere else in Portland. (Actually as I write that I am thinking that St. John’s also has great Main St. appeal but isn’t as conveniently located to OHSU, downtown, I-5, and PCC Sylvania)Our trip to Multnomah Village included lunch at Marco’s Café one of Multnomah…

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Selecting the Right Home: Follow your Gut!

Sunday, December 12th, 2010 at 9:10pm. 818 Views, 0 Comments.

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So far this year NFL QB Tom Brady has eclipsed even his own stratospheric standards for good decision making, as evidenced by a touchdown to interception ratio of 27/4.  How does he do it?   Tom’s decision making happens repeatedly in a few frenetic seconds before a linebacker crushes him into the ground.  He must make a series of choices that happen so fast that they don’t really seem like decisions.  The velocity of the game makes thought impossible.  As soon as Brady glances at one of his receivers, he must immediately decide if the receiver will be open a few seconds in the future.  He’s evaluating options in his sub-conscious mind, and is taking his guidance from his EMOTIONS.  When he glances at a receiver who is covered he FEELS a slight twinge

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Risk Returns to Pre Meltdown Levels

Saturday, November 27th, 2010 at 4:02pm. 754 Views, 0 Comments.

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According to the latest PMI report, risk levels in the Portland Real Estate Market dropped to levels we haven’t seen since the financial crisis of September 2008.   For the past two years PMI has calculated a risk index for Portland of around 90%.  In the just released report, PMI estimates a risk index of 33%.     This is an encouraging sign of pricing support at our current pricing levels, and is another indicator that it’s OK to be a buyer in our market, especially in the urban core neighborhoods that are the preferred locations of the two largest demographic groups that are buying homes (see report from the Brookings Institute).

The PMI risk index is an estimate that real estate prices will be lower over a two year time horizon.  This is only an

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The Next Real Estate Boom

Thursday, November 4th, 2010 at 3:32pm. 811 Views, 0 Comments.

max_400Would you prefer to walk to the local coffee shop, library or restaurant?   Do you want to leave your car parked most days, because you can take the Max to work, or hop on your bike? 

Are you worried about over-paying for that home in that close-in neighborhood where you prefer to live?  You probably shouldn't.

I read an interesting article in the Nov. 4 issue of Brookings Institue about the Next Real Estate Boom.  "The two largest demographic groups in the country, the baby boomers and their children -- together comprising half of the population -- want homes and commercial space in neighborhoods that do not exist in anywhere near sufficient quantity."

"Boomers are downsizing as their children leave home while the millennials are setting out on their

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Property Tax Millage Rate for Portland Neighborhoods

Monday, October 18th, 2010 at 8:51am. 2562 Views, 0 Comments.

avg_millagerate_by_neighborhood_2030We just received a copy of the Property Tax Millage Rate for Multnomah County. Expecting big differences in millage rate by neighborhood.  Not so much.

We are often asked how property taxes are computed and how to appeal tax assessments.  Property taxes are the product of your property's Asessed Value and the millage rate for your neighborhood.  Asessed Value is defined by Measure 50, the property tax measure.

Measure 50 has been on the books since 1997.  It caps increases in Assessed Value to 3% per year if there are no property improvements.  If you want to learn more about how Asessment works under Measure 50 or how to appeal your assessment, you might want to check out this presentation from the Oregon Department of Revenue.  If you're thinking

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Performance Bonus Paradox

Sunday, October 17th, 2010 at 10:06am. 842 Views, 2 Comments.

When we selected Melissa Young to be our Buyer Specialist earlier this year, we created an incentive bonus for her.  If she reaches goals we set at the beginning of the year, she’ll get a bonus check at the end of the year.  This compensation plan is hardly unique.   When we set it up, we didn’t really question if it was the right thing to do.  We know that bonuses work.  Right?

Daniel Pink is getting me to rethink this assumption.  More importantly, he’s helping me re-think some of the things I do as a parent.  dive_120In his book Drive The Surprising Truth About What Motivates Us, Pink presents a compelling argument that our compensation plans and our parenting conventions have not yet caught up with the requirements of a modern workplace that values creative

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South Tabor Cape Cod - Perfect for First Time Home Buyer

Wednesday, October 13th, 2010 at 2:53pm. 800 Views, 0 Comments.

South Tabor Cape Cod just blocks to the park. Hardwoods & fireplace, kitchen w/granite tile & cork floor. Detached garage. 2nd fireplace in basement - high ceilings (finish to add value). Newer gas furnace & A.C. Garden in front, chicken coop in back. Perfect for the urban farmer! 

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32 Bedroom 1 Bath 1872 Sqft 

Taxes $2715 per year 

Address:  3102 SE 66th Ave, Portland, Oregon 97206

List price $250,000.  MLS #10081080

For more details see South Tabor Cape Cod

Contact us to schedule a private showing.

 


 

 

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Bethany area craftsman with open floor plan

Monday, August 23rd, 2010 at 9:59am. 1078 Views, 0 Comments.

Arbor craftsman style with open floor plan in superb condition. Great room with gas fireplace and slider to back patio. Den on main great for office space. Master suite with walk-in closet, soaking tub, shower, double vanity. Convenient Bethany location near shopping, freeway & hi-tech.

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3 Bedrooms 2.5 Baths 1623 Sqft

Built in 2004.  Schools are Bethany Elementary, Westview HS

Taxes $3323 per year.  MLS #10068337

Address:  2891 NW 173rd Ter, Beaverton, Oregon 97006

List price $250,000.  

For more details see Abror Reserve Home for sale

Contact us to schedule a private showing.

 

Check out all the Homes for sale in NW Portland

 

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Immaculate Arbor Roses home in like new condition

Monday, August 23rd, 2010 at 9:41am. 1024 Views, 0 Comments.

Immaculate home in like new condition. Light, bright, and open floor plan. All appliances included. Community Center w/Pool, play area, rec center, front yard landscaping included in HOA. Corner lot and backs to greenspace, only one neighbor! Bring your pickiest buyer. Not a short sale... just a great price!

 

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3 Bedrooms 2.5 Baths 1495 Sqft

Built in 2006.  Schools are Minter Bridge Elementary, Hillsboro HS

Taxes $2110 per year.  MLS #1065063

Address:  999 SE Tamango ST, Hillsboro, Oregon 97123

List price $175,000.  

For more details see Abror Roses Home for sale

Contact us to schedule a private showing.

 

Check out all the Homes for sale in Hillsboro

 

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