Growing Community in Bethany

Standing on the large, covered Craftsman-style front porch of the model at Arbor Oaks in the Bethany neighborhood, with a view of the close-by protected wetlands, it’s easy to picture yourself lounging with a cup of coffee and the Sunday paper on a sunny, summer morning.

The gracious, wood-frame porch, which runs the full width of the front of the home, is an example of the expanded living spaces created in the new plans being offered by Arbor Custom Homes. With a large two-car garage set below, the builder is able to deliver more square footage on a smaller footprint.

“People still want square footage,” said Jennifer Walsh, broker and community manager at Arbor Oaks. “By putting the garage underneath, you can have your larger, open great room concepts and also that awesome front porch that’s covered. “It has that charming, Craftsman look, which is really inviting.”

Inside the Sablewood model, the main floor is a well-connected series of smart and open spaces. Wide-plank hardwoods cover the entry and dining room. A big, granite-topped island anchors the great room, brightened by a wall of windows to the rear. A convenient butler’s pantry connects the gourmet kitchen to the dining room.

Second-level bedrooms are large and serviced by a full bath with dual sinks, a laundry room and a big linen closet.

Random Bethany Neighborhood Video:

The master suite features a box-beam ceiling with crown molding and a bath with soaking tub, separate shower, water closet and a walk-in wardrobe.

Steps to a third level reveal a surprise — a flexible rumpus room with a skylight. It’s another unexpected space afforded by building up instead of out.

“We have buyers who say, ‘I want a big garage. I want a big family room,’ ” Walsh said. “Now you have that, and storage all over the place.”

The 2,937-square-foot Sablewood has three bedrooms, three baths and a convertible den and attic room. It’s priced at $439,900.

View more Homes for Sale in NW Portland.

Growing community

Located just off Northwest Springville Road in Washington County, Arbor Oaks is a large master-planned community of 230 homes that will grow to more than 500 homes when completed over the next several years. It features a community pool and boasts an adjacent elementary school — Springville K-8 — rated “outstanding” by the Oregon Department of Education.

The project is also close to Portland Community College’s Rock Creek campus, Westview High School and a 32-acre Tualatin Hills Parks & Recreation complex.

Natural light illuminates architectural extras in the great room, including art niches, built-in bookshelves and detailed woodwork on the fireplace and stairway newel post.
Arbor Oaks just opened 55 new lots on the west side of the property, where the rolling, hilly topography is perfect for a few new daylight basement plans that Arbor Custom Homes now is offering.

“We had a lot of anticipation with this new phase that just opened,” Walsh said. “The confidence is starting to come out. Buyers are loving being right by the school, and they’re loving North Bethany and the fact that there’s more to come.”

The community offers a variety of home styles, from 1,707-square-foot courtyard terraces starting at $289,900 to manor-style homes ranging to nearly 4,000 square feet and priced from $624,900. Base prices for the daylight basement plans featuring four bedrooms and four baths range from $439,900 to $550,900.

Some of the smaller units include front and back landscaping, perfect for a lock-and-leave lifestyle.

“We have a variety of styles and a variety of price points, which makes for a really nice mix,” Walsh said. “We can find something to fit almost anyone. It’s nice to have options.”

All of the homes at Arbor Oaks are built with energy efficiency in mind, and Arbor Custom Homes’ “Arbor Green” program is designed to promote the overall long-term physical, environmental and financial health of its buyers.

“We’re really implementing healthier living and more durable, efficient products,” Walsh said.

Originally published on Oregon Live.

Looking for a “green” home in Portland?

A Realtor’s search of current listings can yield everything from new construction boasting a green certification to an older home with added insulation, double-paned windows, a tankless hot water heater or other energy-efficient features.

Not too long ago, this type of search was far more difficult. In fact, back in 2007, when the Portland-based Regional Multiple Listing Service (RMLS) first added a green-certification field on its listing forms, it started something new.

2801 NW 155th St Vancouver, WA 98685 – MLS# 12148490

Over time, RMLS added an additional field for energy-efficiency features. Now, it’s increasingly common to find some nod to energy savings or an environmentally friendly upgrade in new and pre-existing homes for sale in the metro area. The publicly accessible site, www.rmls.com, does not include the green-feature search, but Realtors have access to the industry site and can easily search for the desired green features on a client’s behalf.

17563 SW Cobb Lane Beaverton, OR 97007 – MLS# 12295452

“Everyone has a different wish list when it comes to what they’re looking for in a home,” said Kirby Gibson, a broker with Salient Properties. “But a green certification can be a major selling point, especially once people have a better understanding of what that means.”

15205 SW Warbler Way #102 Beaverton, OR 97007 – MLS# 12623613

To earn an Earth Advantage certification, a new home must be inspected by experts at least twice. Homes earn points for energy and water efficiency; indoor air quality; material conservation (such as the use of locally manufactured products); and practices used during the land development and construction process to reduce waste and prevent potential erosion. Depending on the number of points earned, a project may qualify for a Silver, Gold or Platinum level of certification.

For the home on North Princeton, Gibson can list almost two dozen green features that set the structure apart. The most unique is a ductless, mini-split heat pump that allows for zonal heating and cooling. Sleek, high-tech air-handling units are mounted high on a wall in the main-floor great room, upstairs master bedroom and upstairs hallway. They come with remote controls that make it easy to turn the system on and off, so that no energy goes to waste inside the different areas of the house.

Although green-certified homes still represent a relatively small percentage of all new home construction, the practice is expected to grow locally as well as nationwide as homebuilders continue to look for a competitive edge in the marketplace. As of early April, Portland had 307 active listings for green-certified homes, according to RMLS. Within the last 12 months, 714 green-certified homes were sold in the metro area.

Pre-existing homes with one or more energy-efficient features represent a different shade of green. Yet they can still offer reduced energy costs and support for a more environmentally friendly lifestyle.

More Real Estate Listings.

Favorite Real Estate Websites in the Portland Area

There are a lot of real estate websites in the Portland metro area. Here are some of our favorites to search for homes in the various suburbs of the Portland Metro area:

http://www.portlandoctopus.com – A great site for Portland neighborhoods, and real estate by zip code.

http://lakeoswegorealestatesearch.com – ever wanted to live on your own private island?  There’s one for sale on Lake Oswego right now.  Too much money? This site will help you find something in your price range.

http://sherwoodarearealestate.com – for our friends just South of Portland, this site offers the ability to search all the homes for sale in the Sherwood and Tualatin area.

http://jewelofthepearl.com – a pretty kick ass site if you’re looking for condos and lofts for sale in Portland’s Pearl District neighborhood.

http://clackamasorrealestate.com – Looking out East? Check out Clackamas County or the Happy Valley area.  This site has great info for both…

http://matinrealestate.com – On the Western front, namely the Beaverton Hillsboro area, this site provides info and a view of the homes for sale in the area.

Homes in Portland Down 2.2 Percent Year over Year

Portland area home prices lost 2.2 percent in value over the year that ended in February, mirroring a national trend that a California data researcher finds compelling. While local and national prices remain one-third below the 2007 peak, the modest declines of 2011 came against rising foreclosure rates. That signals the market could be stabilizing, Clear Capital, a Truckee, Calif.-based data research firm, said Tuesday.

View Portland Homes for Sale: http://portlandsbesthomes.net

Clear Capital found Portland area home values fell an average of 2.4 percent on a year-to-year comparison but were actually up a modest 0.2 percent compared to the prior quarter. According to the most recent data from the Regional Multiple Listings Service, the average sale price of a Portland home was $249,100 in January. Foreclosed homes being sold by banks, or Real Estate Owned (REO), represent 20.1 percent of the local market, according to Clear Capital. Portland area home prices remain 32.1 percent below the market peak set in May 2007. Nationally, home prices lost a little less than 2 percent in value on a year-to-year comparison, while quarterly losses were under 2 percent. Foreclosed homes represent 25.8 percent of the overall market. Clear Capital said real estate values improved in every region of the country even as foreclosed homes saturated the market, and that continuing strength in the face of rising foreclosure activity is an encouraging development.

“The good news is the improvements in the job market, stronger consumer confidence, and the heightened activity of investors — often with cash — in the lower price tiers. These effects put upward pressure on prices, and could be in play with the resiliency we’re seeing in prices against increasing REO this month,” said Alex Villacorta, director of research and analytics.

Overseas Luxury Home Market Update

Luxury-home prices in central London rose in April as demand, particularly from overseas buyers, exceeded the number of properties for sale.

Values of houses and apartments costing about 3.7 million pounds ($6 million) increased by an average of 11.4 percent from a year earlier, a London-based broker said in a report today. Prices gained 1.1 percent last month.

Overseas investors have turned to London residential real estate to preserve wealth as they face political, economic and financial upheaval in their home markets. Sales of properties valued at more than 2 million pounds were subdued in April 2011, when a higher tax rate came into effect and caused a rush of buyers trying to avoid the levies during the preceding months.

“Activity was relatively weak last April,” said Liam Bailey, Knight Frank’s head of residential research. The number of property sales agreed to in February through April was 50 percent higher than in the same three-month period a year ago, he said.

Knight Frank compiles its luxury-homes index from its own appraisal values of a sample of properties in the 13 most expensive central London neighborhoods, such as Belgravia, Kensington and Knightsbridge.

Great marketing to sell your luxury Portland home.

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Bellevue, WA
Populace: 124, 000
Unemployment: 5. 8%
Pluses: Natural splendor, outstanding types, range
Minuses: Very expensive properties, rainfall

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8 Home Buying Tips

Buying a home? These eight tips can help make your house-hunting experience positive and rewarding.

1. Location counts. You’ve probably heard the old real estate joke about “location, location, location,” but the point still bears repeating. Location is crucial. How far are you really willing to commute to your place of employment? How good are the local schools, shopping centers, public transportation, seniors services and other public amenities? Will your new home be next to a vacant lot or a commercial property? Even a picture-perfect dream home can be a mistake if it’s in an undesirable location, and a poor-location home can be a particularly bad choice if you anticipate reselling the home within a few years.

2. Make a list. Do you (and your spouse, if you’re married) really know what you need and want in your home? You’ll save yourself many hours of shopping (and potentially arguing) if you make a list ahead of time. Zero in on the features you must have, would like to have, definitely don’t want and would prefer not to have. Your goal is to find the right home for your family without falling in love with one that doesn’t suit your needs. Tip: Start compiling your wish list by thinking about what you like and dislike about your current home.

3. Do your homework. Not long ago, consumers had very little access to information about recent home sales prices, market trends, homes on the market, neighborhood statistics and the home-buying process. Today, all this information and more is available on the Web. Go surfing. Get educated. Become empowered.

4. Get pre-approved for a mortgage. Your top-dollar home price is a function of your household income, your creditworthiness, interest rates, the type of loan you select and how much ready cash you have for the down payment and closing costs, among other factors. Rather than guessing or estimating how much you can afford to spend, ask a lender or mortgage broker to give you a full assessment and a letter stating how much you’re qualified to borrow. The true amount may be much more or much less than you think.

5. Use a checklist. Touring multiple homes is a confusing experience for most people. Rather than relying on memory, make notes about the homes you visit. Turn your priorities into a personalized home-shopping checklist and use it track the features of each home.

6. Wear comfortable clothing and sturdy shoes. House-hunting can be tiring, especially if you’re relocating to a distant community and want to see a dozen homes in one day. There’s no sense in torturing your feet unnecessarily.

7. Be prepared to make an offer. House-hunting can also be frustrating, especially if you know in your heart you’re not really emotionally or financially ready to buy a home. If you’re not ready, don’t put yourself through the exercise. If you are ready, go through a blank purchase contract ahead of time so you’ll know what decisions you’ll face when you make an offer.

8. Relax. Granted, buying a home is a major life-altering event. But it’s not worth making yourself insanely crazy or super-duper stressed. Save time at the end of your house-hunting expedition to unwind, calm your thoughts and emotions and keep the whole experience in perspective.

For more real estate information visit: http://mportlandrealestate.com

Finest Places to Live in the USA

Finest Coмpanies to Ιive on in tһe country

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Bellevue, WA
Populace: 124, 000
Unemployment: 5. 8%
Pluses: Natural splendor, outstanding types, range
Minuses: Very expensive properties, rainfall

When forested cіtyscapes haрpen to be tһe tool, this really iѕ thө types of position. Bellevue’s stream-lined in town bristles havіng brand nөw skyscrapers thаt will appear tο are positioned gгeater than Lake Wa — аnd іf the actual cloυds a memЬer, off-road viewѕ loom… Check οut our website in kansaѕ city lasik Bellevuө WA was рlaced #4 for top venues tο cаll home it гeally is.

Planning stirring for үou to Bellevue?

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Technology Inches Into Real Estate

How do you know when a mobile platform has entered the mainstream? When J. Lennox Scott says that making an app for it is a “no brainer.”
That’s the take on Android from the Pacific Northwest real estate scion, whose company this week released its first app for Google’s mobile platform.

The John L. Scott real estate app, available in the Android Market, uses a map-based interface for listings in Washington, Oregon and Idaho.

Meanwhile, wireless analytics startup RootMetrics today released its Cell Phone Coverage Map for Android, with capabilities similar to its existing iPhone app.

As I told RootMetrics CEO Paul Griff recently on the GeekWire Podcast, I wish somebody would combine these two concepts — mashing up a real estate app with wireless coverage data, allowing people to take mobile reception into account when deciding where to live.

PDX Market Update

Demand is there and inventory is very very low which is causing a frenzy around new well priced real estate listings in Portland, Oregon. While this can be a little frustrating for buyers it creates an environment that drives appreciation. I feel very positive that this year we will see appreciation and an increase in unit sales to a level significantly above the previous three years in Inner SE and NE Portland.

The market continues to be very tight with a limited number of good houses available in most neighborhoods. This presents a great opportunity to homeowners who are considering selling and can take advantage of the high # of buyers out there and relatively low # of homes to compete with. If you or anybody you know are considering selling and think you see a good match on the list below please contact us today.

Inner SE

1. Abernathy or Llewellyn elementary districts only, $400-500k, open to different home styles, back yard a must, 3 bed 2 bath min. with garage.

2. First time buyer, wants to be inside of 50th, 2 bed 1 bath OK but would prefer 3/1, fenced back yard or ability to fence in back yard important, $250-350k

3. Anywhere close in SE, as long as it’s not Laurelhurst! buyers like older homes with original features and charm, but well updated kitchens and baths are ok. They would love to buy between 40th-45th, between Hawthorne and Division to stay in the same neighborhood. 3 Bedrooms, 1.1-2 Baths, a little yard, basement or garage. $350-$450k

Inner NE

1. Relocation, just moved to PDX, open to different neighborhoods, 3 bed. 2 bath min., likes Bungalows and Craftsman, up to $450k.

2. Bungalow within the Grant High School District. Fixer is ok, charm and original details are a must. Garage, basement and a yard are also a plus. $250-$350k.

3. Rose City, $350k and under, Fixers OK, must have 3 bedrooms on the same level whether up or down (want to be near children).

NW

1. In-fill home, updated historic home or fixer in a great location, great school district with access to restaurants, shops etc., Duplex with large owners unit desired, 2800+ sq. ft. 4 bed, 3 bath minimum $650-850k

SW Portland

1. Duplex or Triplex, ideally in Corbett-Lair (Johns Landing) or Hillsdale, up to $500k, preferably has larger owners unit, historic details throughout a plus.