Sneak Peeks for December 2014

This month's sneak peeks are sprinkled across Lake Oswego, Tigard and West Linn. The market is still quite competitive, so getting a jump on listings before they're available to the general public is always an advantage. Take an exclusive sneak peek at these upcoming properties before they go live!

 

Tearose

SW Tearose Way, Tigard - approx. $299,500

Beautifully updated two-story in Bull Mountain Meadows, next to Progress Ridge.

Residence Bedrooms: 3 Bathrooms: 2.1 Square Feet: 1,488

 


 

Bryant

Centerwood St, Lake Oswego - approx. $425,000

Charming single-level with a generous family room in the Bryant Woods area of Lake Oswego.

Residence Bedrooms: 4 Bathrooms: 2.1 Square Feet: 2,074

 


 

Ascot

Ascot Circle, West Linn - approx. $399,000

Custom built, immaculately maintained and updated, in desirable Hidden Springs neighborhood of West Linn. Formal living room, dining room with atrium, skylight and Swarovski chandelier. Vaulted family room with large windows, wet bar and new certified wood stove. Kitchen with granite countertops, skylight, stainless steel appliances. Master suite with large walk-in closet. Large private lot, well-landscaped with covered deck and sun deck. Approximately 400 square feet of storage on back of garage.

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 2,055

Modern Downpayment Options

Don't Let Downpayment Size Stop You from Owning Your Home

Brent Lucas of Guild Mortgage, M Realty's featured partner, offers some industry insight into the modern truth about downpayments...

2015 is projecting to be another strong year for U.S. housing. Home sales are rising, home supply is dropping, and prices are increasing in many of our cities and neighborhoods.

Furthermore, mortgage interest rates are down.

30-year mortgage rates are very near 4% nationwide and have fallen to their lowest levels since early-June 2013. Many lenders are also quoting FHA and VA rates that are as competitive as conventional loans.

Lower mortgage rates yield lower monthly mortgage payments for today's home buyers. However, for many buyers, it's not the monthly payment which makes thought of homeownership difficult -- it's the prospect of putting 20% down.

The good news is that, in today's mortgage market, there are a myriad of mortgage programs requiring little or no money down.

 

Home Buyers Don't Need To Put 20% Down

Buyers in today's U.S. housing market don't need 20 percent down. Many believe they do. This "20 Percent Down" misbelief may have been true at some point in history, but certainly not since the implementation of the FHA Loan, which occurred in 1934.

The likely reason why buyers believe a twenty percent downpayment is required is because, with a conventional mortgage, putting twenty percent down removes the need for private mortgage insurance.

Private mortgage insurance is an insurance policy homeowners are required to pay in order to protect a lender in the event of default. Mortgage insurance costs vary by downpayment and the borrower's credit score.

Home buyers -- especially first-time home buyers -- will sometimes delay a purchase because they don't feel as if they have enough money saved up for downpayment. And, while this should certainly be a consideration in homeownership, it should never be the only consideration.

Home affordability is not about how much money you can put down on a home. Home affordability is about whether you can afford the monthly payments that accompany owning a home.

A larger downpayment will result in a smaller loan size and, therefore, a smaller monthly mortgage payment. However, if you've depleted your life savings to make the purchase, perhaps the big downpayment was poor planning.

Here are some options for homebuyers to consider if they are wanting to take advantage of today's home prices and historically low rates but do not have the 20% down:

 

FHA Mortgage : 3.5% Downpayment

The FHA mortgage is somewhat of a misnomer because the FHA doesn't actually make loans. Rather, the FHA is an insurer of loans.

The FHA publishes a series of standards for the loans it will insure. When a bank underwrites and funds a loan which meets these specific guidelines, the FHA agrees to insure that loan against loss.

FHA mortgage guidelines are famous for their liberal approach to credit scores and downpayments. The FHA will typically insure a home loan for borrowers with low credit scores so long as there's a reasonable explanation for the low FICO.

The FHA allows a downpayment of just 3.5 percent in all U.S. markets, with the exception of a few housing types.

(See FHA Flyer)

Furthermore, the FHA supports homeowners who have experienced recent short sales, foreclosures or bankruptcies through the agency's Back To Work Program (http://backtoworkprogram.org); and will reduce its FHA mortgage insurance premiums for first-time buyers via the Homeowner's Armed with Knowledge (HAWK) program.

The FHA insures loan sizes up to $362,250 in our 3 county area. To look up the FHA loan limits for one or more areas by state or county go to (https://entp.hud.gov/idapp/html/hicostlook.cfm)

 

My Community Mortgage (MCM) : 3% Downpayment

The Conventional 97 program has just NOW become available once again from Fannie Mae. It's a 3 percent downpayment program and, for many 1st time home buyers, it's a less-expensive option as compared to an FHA loan. (details will be released on this program this week)

 

VA Loan : No Money Down / 100% Financing

The Veteran's Loan (VA) is a no-money-down program available to members of the U.S. military and surviving spouses.

Guaranteed by the U.S. Department of Veteran Affairs, VA loans are similar to FHA loans in that the agency guarantees repayment to lenders making loans which means VA mortgage guidelines.

 

VA loan qualifications are straight-forward.

In general, active duty and honorably discharged service personnel are eligible for the VA program. In addition, home buyers who have spent at least 6 years in the Reserves or National Guard are eligible, as are spouses of service members killed in the line of duty.

(See VA Flyer)

 

USDA Mortgage : No Money Down / 100% Financing

No Money Down options exist for non-military borrowers, too. The U.S. Department of Agriculture offers a 100% mortgage. The program is formally known as a Section 502 mortgage, but, more commonly, it's called a Rural Housing Loan.

The good news about the USDA Rural Housing Loan is that it's not just a "rural loan" -- it's available to buyers in suburban neighborhoods, too. The USDA's goal is to reach "low-to-moderate income homebuyers", wherever they may be.

(See USDA Flyer)

Another key benefit is that USDA mortgage rates are often lower than rates for comparable, low- or no-downpayment mortgages. Financing a home via the USDA can be the lowest cost means of homeownership.

 

National Homebuyers Fund: Downpayment Assistance

The NHF has released a program that provides a 3% or 5% forgivable grant for downpayment assistance

(See NHF Flyer)

 

Home Buyers Get Low Mortgage Rates

Not everyone will be eligible for today's low-downpayment loans or grants, which is okay. The next-lowest downpayment loan comes from Fannie Mae and Freddie Mac and it requires just five percent down.

If you'd like to know more about current mortgage rate performance, now is the perfect time to reach out to your favorite real estate agent to be connected with a financial professional like Brent.

Success Stories for December 2014

Properly presented, homes at all price points are still seeing exciting movement. These wonderful properties sold swiftly with TrueView, the perfect marketing system to present your home to the world. It is still a fantastic time to sell. Please don't hesitate to reach out if you have any questions about your own real estate plans.

 


 

10618 CROSBY RD NE - $497,500

Sold in 3 days

Beds: 4 | Baths: 3.1 | 2,669 sqft.

Nestled in serene Woodburn, north of Tukwila Golf Course, this expansive property is beautifully landscaped, made private by towering trees. The custom Tri-Level style home's facade is decorated with fantastic craftsman style touches, including natural stone and rustic wood shutters. The 22' deep x 20' wide two-car garage and 28' x 56' shop with 12-foot ceilings is perfect for cars, toys and tools. Around back, the amazing deck offers a plethora of all-year-round outdoor entertaining options, featuring a variety of luxurious amenities: a Viking pool, cooking area with a Lynx gas BBQ, a firepit, and an enormous Rumford designed fireplace, reminiscent of Timberline Lodge.

Check out the TrueView site with more photos and videos.

 


 

5251 NE 31st Ave - $420,150

Sold in 2 days, $20k over asking price! Beds: 4 | Baths: 2.1 | 1,863 sqft.

Situated in the heart of Alberta Arts District, this delightful home is just moments from New Seasons and an abundance of local eateries such as Beast, D.O.C., Cocotte, Yakuza, Cup and Saucer, The Sugar Cube, and Salt and Straw.

Check out the TrueView site with more photos and videos.

 


 

4223 SW 54th Pl - $590,000

Sold in 4 days | $10k over asking price!

Beds: 4 | Baths: 2 | 2,828 sqft.

Nestled in a quiet corner of the Bridlemile neighborhood, this stunning contemporary home is conveniently located for a quick commute to downtown Portland, major Westside employers and OHSU.

Check out the TrueView site for more photos and videos.

 


 

1727 N Rosa Parks Way - $380,000

Sold in 1 day | $5k over asking price!

Beds: 4 | Baths: 2 | 2,097 sqft.

This fantastic North Portland bungalow maintains the beauty of its 1922 construction, while boasting a variety of modern updates, including a newer roof and water heater, rebuilt chimney, finished basement and updated kitchen. The exterior claims a charming front porch, while around back the detached garage and fenced yard offer great utility and potential.

Check out the TrueView site for more photos and videos.

 

M-brellas at Bridgeport

_Bridgeport Umbrellas LO Agents_003_lowres M Realty agents have got you covered at Bridgeport Village this holiday shopping season.

Some Northwest purists will argue that umbrellas are a luxury for people from out of state, but how can you say no when they're this fashionable? Not to mention, they're free to use! Provided by your friendly M Realty agents, they'll be available to all Bridgeport guests throughout the holidays. Pop one open and shop in style!

 

_Bridgeport Umbrellas LO Agents_004_lowres

 

TrueView Spotlight: Kitchen & Dining

One of the most powerful aspects of deciding to buy a home is imagining living your life in it. That connection forms when you develop an emotional attachment to a particular space. Presented with TrueView, those elements readily offer themselves up to your imagination so it can supply your favorite details.

A kitchen is more than a list of appliances. The moment you can picture yourself preparing a meal for your guests, while you all socialize together, that's when the home becomes viable. In light of Thanksgiving, the TrueView media team put together a highlight reel of spaces you'll likely be enjoying this month.

When it comes time to sell your home, you'll want TrueView showcasing these emotional elements to your potential buyers!

Give Thanks and Live Longer

givethanksThis is the time of year when many of us feast with our loved ones and focus on thankfulness while we digest. Yes, giving thanks is a widespread annual tradition, but did you know it also has scientifically-proven positive side effects? Knowing that we're happier and actually healthier when we express gratitude, it makes sense to actively pursue this more than once a year. And there's an easy trick to doing it: building habits. It is impossible for your brain to feel anger at the same time as gratitude. So if you catch yourself in a particularly resentful or stressed state, make that your trigger to list three things you're thankful for, despite what you might be currently feeling. And nothing reinforces positivity like spreading it around. Getting into the routine of sharing three things you're grateful for every day at a collective meal or on social media will prompt others to do the same (even if it's just subconsciously).

If you're ever having trouble finding something to be grateful for, look around for the simplest things we take for granted. For one, if you're reading this, you're alive. That's a good start. Is the temperature controlled where you are? Can you flip a switch for instant light? Do you have virtually limitless access to clean drinking water? Once you take the time to appreciate the little things, you can build up to more complex expressions of gratitude. And every time you do this, you're erasing stress--so it's always beneficial. Jotting this thankfulness down in a journal before bed is proven to promote deeper sleep and even relieve chronic pain. It's good for your heart, both figuratively and literally.

For a more extreme exercise in gratitude, check out the video below to see the kind people over at Soul Pancake conducting a fun experiment about gratitude's effect on the happiness of some unsuspecting test subjects:

Hopefully this blog post prompts you add a little more gratitude into your life. Thank you so much for reading!

Sneak Peek for November 2014

NW Ashby Ct: $685k

Nestled on a quiet cul-de-sac in NW Portland's elegant Forest Heights neighborhood, this stunning traditional home stands proudly. Tidy easy-care landscaping adorns the front and side yards. The double garage, complete with a shop area, is located at the rear of the home.

In a neighborhood where broad vistas are the signature characteristic, this home stands out. Multiple decks, the family room, kitchen, den, master bedroom and one secondary bedroom all take advantage of spectacular 180 degree uninterrupted views extending west to the Coast Range.

Enjoy an easy elegance throughout the open floor plan where three comfortable bedrooms and a luxurious master suite help make this traditional home the ideal fusion of comfort and elegant details.

Residence Bedrooms: 4 Bathrooms: 3.1 Square Feet: 4,140 Year Built: 1994

Success Stories for November 2014

Properly presented, homes at all price points are still seeing exciting movement. These wonderful properties sold swiftly with TrueView, the perfect marketing system to present your home to the world. It is still a fantastic time to sell. Please don't hesitate to reach out if you have any questions about your own real estate plans.

 


 

4115 NE Sumner St - $487,500

Sold in 12 days

Beds: 3+Den | Baths: 2.1 | 2,816 sqft.

This new vintage construction craftsman home rests in a lovely Northeast portland neighborhood. Ideally located with a Bike Score of 87, enjoy the multitude of local shops, restaurants, and entertainment nearby. Tidy landscaping welcomes guests up the front path, while the sizable front porch provides wonderful views of the surrounding neighborhood.

Check out the TrueView site with more photos and videos.

 


 

1744 NE 143rd Ave - $295,000

Sold in 12 days Beds: 3 | Baths: 2.1 | 2,587 sqft.

This updated and well maintained 1950s ranch style home is set back on an expansive .42 acre lot in the Wilkes neighborhood. This neighborhood was designed in accordance with the "Glendoveer Plan", which allowed for extra-large lots, meaning more quiet and more privacy for each home. The picturesque Glendoveer Golf Course is located just a block away, where one can enjoy a round of golf, game of tennis, walk/jog, or a Movie in the Park on summer nights. Conveniently close to Trimet bus and max lines, along with a variety of shopping and restaurants, the city of Portland is at your fingertips!

Check out the TrueView site with more photos and videos.

 


 

3146 SE 77th Ave - $290,000

Sold in 6 days | $6k over list price

Beds: 2 | Baths: 1 | 1,924 sqft.

This beautifully maintained home is in the wonderful neighborhood of South Tabor. Ideally located, this home boasts close proximity to a multitude of diverse shops and restaurants and is near the new Jade District which features a variety of food, crafts, and entertainment. Downtown Portland is a short drive, bus, or bike ride away.

Check out the TrueView site for more photos and videos.

 

TrueView: Time-Lapse Spotlight

exterior_IMG_1746_HDR_lowresM Realty's TrueView media team prides itself on staying current with the latest video production techniques. Time-lapse presentations are not only visual entertainment, they also express the experience of a property over several hours, ideally highlighting the transition of day into night. The figurative importance of transition to a home buyer aside, these videos allow people to connect an emotional response to the space. That connection to a home before even stepping onto the grounds is the vision of TrueView.

ext sunset1946 NE 70th St - Lincoln City069lowresDaylight photos only paint half the picture of any property. In addition to time-lapse technology, utilizing TrueView night photography can give potential buyers a behind-the-scenes glimpse of what the home has to offer. Not only does the lighting take on a magical quality, but the contrast is striking between TrueView night shots and typical real estate photography. That extra level of care and attention speaks to buyers and helps the home put its absolute best foot forward.

 


 

TrueView is only available to M Realty agents.

Learn more about it here.

 


 

Sneak Peeks for October 2014

This month's sneak peeks highlight a variety of homes across Lake Oswego and Portland and also features an expansive airport property in Vernonia. In this rapid-fire market, it helps to have a jump on listings before they're available to the general public. Take an exclusive sneak peek at these upcoming properties before they go live!

 

Lake Front

Lake Front Rd, Lake Oswego - approx. $1,399,900

Outstanding opportunity to be on the lake. Create your dream retreat or enjoy a wonderful main residence. Walk in to a view of the lake with a wall of windows in the living room. Hardwood floors, wet bar in family room. Built in storage cabinets. Spacious new garage and a boathouse with lift. Multiple decks, room for outdoor entertaining, built in hot tub and sauna.

Residence Bedrooms: 4 Bathrooms: 3.1 Square Feet: 3,385

 


 

SW Evans

SW Evans St, Portland - approx. $500k

What's not to love? Sidewalk-lined streets, period perfect 1940 details with a subtle art-deco influence, gorgeous 180 degree views... all just minutes from the city center, OHSU and Lewis & Clark. Discover South Burlingame at its best!

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 2,481

 


 

N Rosa Parks Way

N Rosa Parks Way, Portland - approx. $375k

Great Arbor Lodge with original details, 2 blocks to MAX/New Seasons. Lovely oak and fir floors, formal dining room, fireplace w/flanking built-ins. Large, open kitchen with new Marmoleum, terrific counter space and storage, remodeled main floor bath. Lower level offers 3rd bedroom, full bath, family room and office space. Could be terrific shared living. Fenced private yard and detached garage.

Residence Bedrooms: 4 Bathrooms: 2 Square Feet: 2,097

 


 

NE 76th

NE 76th Ave, Portland - approx. $299k

Modern updates and remodeling (interior and exterior) throughout this three bedroom, two bath, light-filled home. Refinished wood floors, insulated windows, new and vintage light fixtures, large master bedroom w/ private bath and skylight, A/C, laundry room, updated kitchen with tile floors, new stainless range and dishwasher.

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 1,392

 


 

Airport Way

Airport Way, Vernonia - approx. $950k

Fantastic airport home on considerable acreage with great industrial possibilities! Over 72 acres of residential and industrial land that can be divided. Includes a fish pond stocked with bass, rainbow trout and pan fish.

Residence Bedrooms: 3 Bathrooms: 2.1 Square Feet: 2,498

 

Hidden Gems: Rice NW House and Museum

rockriceRice Northwest Museum of Rocks and Minerals

Hidden Gems! Yes, literally.

Rock Museum004lowresNot only is this a spectacular piece of real estate on the National Register of Historic Places, but it houses one of the most esteemed rock and mineral museums in the world. And these aren't just dusty old stones! Rubies and diamonds? Check. Fossilized shark teeth? Sure, they've got those and a baby dinosaur! There's a custom UV lighting system that charges up their Rainbow Gallery, full of phosphorescent and fluorescent rocks that actually glow in the dark. The world's largest opal-filled thunderegg lives there, as well as an extensive collection of meteorites, in case out-of-this-world is more your style.

There are more than 20,000 specimens/reasons to explore this amazing museum!
Rice Northwest Museum of Rocks and Minerals 26385 NW Groveland Drive Hillsboro, OR 97124
Hours: Wednesday through Friday - 1pm to 5pm Saturday and Sunday - 10am to 5pm

 

  The House Itself Rock Museum021lowres Originally built in 1952 for $185,000 (the nearly 11,000 square foot dwelling is valued somewhat higher these days), Richard and Helen Rice intended the residence to be both a home for them and their growing collections. Richard Rice earned his bread as a logging contractor so he logged and milled all the wood himself.

In addition to the curly maple and myrtlewood, the exterior features Arizona flagstone. Myrtlewood trim and doors decorate the interior, as well as three sandstone fireplaces and hand-painted tile countertops from Mexico. Graceful notes of practical luxury can be found among the built-in cabinetry, ironing boards and dumbwaiters.

Rock Museum003lowres When Richard and Helen passed away in 1997, ownership of their home was bestowed upon the non-profit museum. Every year, thousands of visitors experience the beauty and wonder of the collections housed there, allowing their legacy to live on.

 

Success Stories for October 2014

Properly presented, homes at all price points are seeing exciting movement. Each of these wonderful properties sold swiftly and for more than their original listing price. TrueView is the perfect marketing system to present your home to the world. It is still a fantastic time to sell. Please don't hesitate to reach out if you have any questions about your own real estate plans.

 


 

2535 NE 49th Ave - $480,000

$15k over list price

Beds: 2 | Baths: 2 | 2,862 sqft.

This beautiful 1912 home has been wonderfully cared for and remodeled with modern amenities. A variety of exterior updates include new paint and new gutters on the back of the home. Mature trees welcome visitors to the front porch, where art deco style railings, a sizable front door with a door knob knocker and custom-made ceramic door numbers created by a local artist are featured.

Check out the TrueView site with more photos and videos.

 


 

2846 NE 11th Ave - $748,950

Sold in 3 days | $10k over list price

Beds: 3 | Baths: 3 | 2,520 sqft.

Situated in the distinctive Irvington neighborhood, this stunning English Tudor home is beautifully remodeled while maintaining the charm of its 1925 construction. Ideally located, enjoy the multitude of dining and entertainment that Northeast Portland has to offer.

Check out the TrueView site for more photos and videos.

 


 

3603 SE 66th Ave - $236,000

Sold in 2 days | $21k over list price

Beds: 3 | Baths: 1 | 960 sqft.

This charming Ranch style home is perched in the sought after Foster/Powell neighborhood of Southeast Portland. Ideally located, enjoy close proximity to a multitude of shops and restaurants, including Portland's signature food carts. Downtown Portland is a short drive away via Powell Blvd.

Check out the TrueView site with more photos and videos.

 


 

5530 SW Cameron Rd - $430,900

Sold in 2 days

Beds: 3 | Baths: 2.1 | 2,056 sqft.

This custom contemporary "Dwell" style home rests on a private, tranquil lot. Ideally located, enjoy close proximity to Gabriel Park, Multnomah Village shops and dining, and downtown Portland and Beaverton. Meander up the steps to the front patio, outlined by beautiful greenery and shaded by proud trees.

Check out the TrueView site with more photos and videos.

 

Pumpkin Carving Stencils

When the time comes to carve jack-o'-lanterns this year, feel free to spruce up your pumpkins with these custom stencils! If a traditional spooky face isn't your style, there are also local landmarks so you can show your Portland pride. Just print out your favorite stencil(s), tape it to your pumpkin and use a pin to poke the outline of your design into your future jack-o'-lantern! Happy Halloween! Faces Print

Print

Print

Print

Cat

The Convention Center Convention Center

The Brooklyn House BrooklynHouse

The St. John's Bridge St Johns

The Aerial Tram Tram

House Hunting with Your Kids

Y41stou are buying a house, and you have kids. The big question is do you bring them along for house hunting? If you do, how can you do it and maintain your sanity? Age is key on deciding to bring them. Newborns are easy, they will usually stay asleep in the car seat or carrier, and can easily be calmed down with a bottle or nursing. Teens and tweens are easy too, they'll want to come along to help make the decision about where they will be living and to make sure their needs will be met. Ages 6 months to 10 are tougher. Access your child's temperament. If they are ok with changes, lots of in and out of the car, boundaries and rules in houses, then they are probably ok to come along. If not, get a sitter until you are narrowed down to one or two houses. If they are coming along, here are some tips for keeping them busy, happy, and actually letting you see the house! Babies and Toddlers:

1. Use a carrier, not a stroller, to get through a house quickly

2. Have a hands off policy, even if that means parents' hands are off too.

3. Have a different toy to play with at each house.

Preschool Kids41st stairway

4. Play Eye-Spy

5. Have coloring books and colored pencils. They are easier to color with on the floor and less likely to make permanent marks on walls. Somebody should watch all the time!

6. Play House Bingo

Elementary School Kids

7. Scavenger Hunt

8. Have them give the tour- they can go through the house quickly and then come lead everyone else through. Most kids love this.

9. Picking rooms and talking about what would go where.

10. Headphones and music for quieter kids that may want to sit in the living room or on the stairs. Music is also great for kids that may be having a hard time with the move.

Tips for Everybody, including Adults

11. Snacks! Lots of snacks!

12. See 3 houses at a time, maximum.

13. Take turns in the yard playing with the kids, use your agent for this too.

14. Finish by playing at a park.

Finally, moving is a big deal for most kids, even if they aren't going to remember it in the long haul. It's an emotional experience for people of all ages, and no matter how long you've lived in your current home.

Here's how to help them deal with it.80th backyard

1. Talk honestly about why you are moving.

2. Say goodbye to the old house with a letter or pictures. It can be to the new owners, to the great neighbors, or to the house itself.

3. Take photos of your kids in their rooms and around the house before you start packing or staging the home to sell. You'll all want to remember their first room  or the terrible purple shade they talked you into painting it.

Our Heritage Trees

Visitors to the Northwest will often marvel at how green it is here. Magnificent trees will stretch their great boughs skyward, seemingly oblivious that they've taken root in a densely populated urban area. There's a reason we're so fortunate to have such amazing Portland trees: we protect them.

Nearly 300 "Heritage Trees" stand tall throughout Portland. Anyone can nominate a tree for this special status. Once granted, it becomes unlawful (without prior written consent) to remove, destroy, cut, prune, break or injure any designated Heritage Tree. Even trees on private property can be nominated with permission from the landowner and this consent binds all successors and heirs.

  Burrell Elm SW Main St and SW Jefferson St American elm (Ulmus americana) Height 78 ft Spread 105 ft Circumference 12.17 ft


Dutch Elm 1225 SW 6th Ave Dutch elm (Ulmus x hollandica) Height 105 ft Spread 90 ft Circumference 13.5 ft


Tulip Tree 1403 NE Weidler St Tulip tree (Liriodendron tulipifera) Height 72 ft Spread 65 ft Circumference 15.5 ft


White Oak NW 23rd & NW Overton Oregon white oak (Quercus garryana) Height 80 ft Spread 86 ft Circumference 15.4 ft


Wych Elm 222 SE 17th Ave Wych elm (Ulmus glabra) Height 100 ft Spread 60 ft Circumference 14.9 ft

  No matter where you are in the city, one of these proud trees likely lives nearby. Want to find an epic Heritage Tree? There's a free iPhone app for that. You can learn more about it here.

There's even a handy Portland Heritage Guidebook you can check out online or right-click and save for later viewing.

And for good measure, here's an interactive map:

Get out there and explore Portland's glorious Heritage Trees!

Sneak Peeks for Sept 2014

This month's sneak peeks highlight a variety of homes across Portland, Wilsonville and Hillsboro, including an owner-occupied duplex that will be a fantastic investment property. In this rapid-fire market, it helps to have a jump on listings before they're available to the general public. Take an exclusive sneak peek at these upcoming properties before they go live!

 

Cedar

SW 54th Pl, Portland - approx. $579,950

Multi-level contemporary with vaulted ceilings and on a private, quiet lot. New hardwood floors, updated baths, unique custom kitchen, easy indoor-outdoor entertaining. Exterior features deck, patio and water feature.

Residence Bedrooms: 4 Bathrooms: 2 Square Feet: 2,828

 


 

Summerton

SW Summerton Ave, Wilsonville - approx. $549k

Incredible quality, along with upgrades of $100k are showcased in this Renaissance Custom home with master on the main. A must-see!

Residence Bedrooms: 3 plus office and bonus room Bathrooms: 2.1 Square Feet: 2,534

 


 

Wrenwood

NE Wrenwood Ln, Hillsboro - approx. $420k

Beautiful traditional home on big lot in exclusive Brookwood Estates. Bright great room that connects to well laid-out kitchen. Amazing outdoor area with large deck and expansive yard, perfect for entertaining.

Residence Bedrooms: 4 Bathrooms: 2.1 Square Feet: 2,716

 


 

Cedar

SE Cedar St, Hillsboro - approx. $249,900

Updated single level ranch with fenced yard and oversized 2-car garage. Detached 33x20 shop perfect for home mechanic, woodworking, or large craft area.

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 1,360

 


 

Terwilliger

SW Terwilliger Blvd, Portland - approx. $439k

Outstanding owner-occupied duplex, just minutes from downtown Portland.

Residence One Bedrooms: 2 Bathrooms: 1.1 Square Feet: 1,480

Residence Two Bedrooms: 1 plus loft Bathrooms: 2.1 Square Feet: 1,480

 

Mortgage Rates Explained

Brent Lucas of Guild Mortgage, M Realty's featured partner, offers some industry insight into what drives Mortgage Rates.

"Should I Lock or Float?"

Locking in a good home loan rate weighs heavily on the minds of most homebuyers, and rightly so. Each fraction of a percent could represent huge savings over the life of a loan. Homebuyers are always eager for mortgage rate predictions, even if they know they're seeking certainty in an arena of constant change.

So... why is it SO hard to nail down home loan rates?

The reality is that many factors influence home loan rates, and these factors are as significant as they are unpredictable. However, an experienced mortgage loan officer can assist you in identifying consistency and repetition in market shifts by watching what happens with the "Big 6" economic indicators (reflected below) and the daily performance of Mortgage Backed Securities (MBS).

mortgage rates

If you'd like to know more about current mortgage rate performance, now is the perfect time to reach out to your favorite real estate agent to be connected with a financial professional like Brent.

Success Stories for Sept 2014

Properly presented, homes at all price points are seeing swift movement. Each of these wonderful homes sold less than a week after becoming available on the market. TrueView is the perfect marketing system to present your home to the world. Now is a fantastic time to sell. Please don't hesitate to reach out if you have any questions about your own real estate plans.  


 

1914 SE 59th Ave - $510,000

Sold in 5 days | $10k over list price

Beds: 4 | Baths: 2 | 3,078 sqft.

Situated in Southeast Portland, minutes from a multitude of shops and restaurants, this charming Cape Cod maintains the beauty of its 1926 construction. Tidy landscaping and verdant shrubbery welcome guests up the front path, while around back the easily customizable yard and patio are perfect for entertaining.

Check out the TrueView site with more photos and videos.

 


 

5922 SE Francis St - $274,900

Sold in 4 days | $10k over list price

Beds: 3 | Baths: 1 | 1,640 sqft.

The beautiful home is situated in the Foster/Powell neighborhood, in close proximity to a variety of local restaurants and shops. The home's charming exterior welcomes visitors, while around back the spacious yard is perfect for outdoor entertaining or relaxing.

Check out the TrueView site for more photos and videos.

 


 

3847 SW 58th Dr - Sold Price: $535,000

Sold in 3 days | $21k over list price

Beds: 3 | Baths: 2.1 | 2,187 sqft.

Situated in Southwest Portland, this wonderfully remodeled contemporary home is ideally located, with the amenities of Bridlemile and Hillsdale just moments away. A vibrant front door draws the eye to the home, as lush landscaping surrounds the front yard. The front patio creates a relaxing place to enjoy the surrounding neighborhood, while the backyard has a sizable deck and neat lawn that are easy for outdoor entertaining.

Check out the TrueView site with more photos and videos.

 


 

1635 NE Fremont St - List Price $439,900

Sold in 6 days

Beds: 4 | Baths: 1 | 2,584 sqft.

This beautiful bungalow maintains the charms of its 1920 construction while featuring the updated amenities of modern living. Outside, the thriving landscaping adds an air of privacy to the grounds, perfect for gardening, entertaining guests or relaxing by the koi pond.

Check out the TrueView site with more photos and videos.

 

Hidden Gems: Fun Fountains

Portland is home to some architecturally amazing fountains that beg to be explored during the sunny months and are great for ambiance during cooler seasons. Whether you're looking to liven up a lunch hour or add destinations to your next weekend city adventure, these hidden gems will not disappoint!

Be sure to check out the fountain compilation video M's TrueView team made for you!

 


 

Ira Keller Fountain - SW 3rd & Market Located just across the street from Keller Auditorium, this tiered fountain is a climbable work of art. Wade at the bottom or relax above under the trees with a book whilst being serenaded by the cascading water.

 


 

Lovejoy Fountain - SW 3rd & Harrison Accessible from the SW 3rd & Harrison light rail stop, a short jaunt southward down a pedestrian trail will soon reveal Lovejoy Fountain Park. The fountain's wide stepping stone path allows for up-close appreciation of both the water feature and pool.

 


 

Jamison Square Fountain - NW 11th & Johnson Just down the street from Lovejoy Bakers in Northwest, Jamison Square Fountain is the perfect place to cool your heels (depending which level you choose, you can cool more than that) while enjoying some lunch on a warm summer day.

 

Sneak Peeks for August 2014

This month's sneak peeks highlight a diverse variety of homes: a pair of charming Portland bungalows, a log home (with an additional dwelling) on a private lake, a custom two-story with a stunning ocean view and a tri-level with an award-winning outdoor living space. In this rapid-fire market, it helps to have a jump on listings before they're available to the general public. Take an exclusive sneak peek at these upcoming properties before they go live!

 

Lombard

NE 49th Ave, Portland - approx. $465k

Grant Park bungalow with finished basement. Two bedrooms plus a living room, dining room and nook on main. Third bedroom, bonus room, and full bath downstairs. New hardwood floors and paint throughout! One car garage plus carport.

Residence Bedrooms: 2 (plus one non-conforming in basement) Bathrooms: 2 Square Feet: 2,038 living area / 2,862 gross (finished basement)

 


 

11th

NE 87th Ave off Glisan St, Portland - approx. $210k

A cute bungalow in NE Portland with original hardwood floors.

Residence Bedrooms: 2 Bathrooms: 1 Square Feet: 1,200

 


 

sneak peek

NE Logan Rd, Lincoln City - approx. $549,900

Beautiful home with exquisite views of the beach and ocean (breathtaking sunsets) in an exclusive, quiet and established part of town.

Residence Bedrooms: 3 Bathrooms: 4 Square Feet: 2,431

 


 

sneak peek

Farmer Creek Rd, Cloverdale - approx. $699,900

A lush 5.25 acres that include a gorgeous log cabin as well as an additional home, by a pristine two acre private lake that comes well equipped for recreation.

Residence Bedrooms: 6 (between both homes) Bathrooms: 5 (between both homes) Square Feet: 3,600 + 2,600 Lot Size: 5.25 acres

 


 

sneak peek

Crosby Road, Woodburn - approx. $499k

Award winning outdoor living area backing to greenspace! Covered pool and hot tub, fireplace, firepit, separate HVAC system for outside deck! Movie theater with wet bar. 28x59 shop with 11' doors and service lift. Ten minutes to outlets, 15 minutes to Wilsonville.

Residence Bedrooms: 3 Bathrooms: 3 Square Feet: 2,669