Understanding Urban Infill

Print Even with all the attention urban infill has been getting lately, it's surprisingly difficult to get a clear and concise explanation of it. Here's Portland's urban infill issue painted in broad strokes:

  • We have a regional government council called Oregon Metro that protects Portland's surrounding farmland, forests and municipal boundaries with an Urban Growth Boundary.
  • This Urban Growth Boundary prevents urban sprawl into protected areas.
  • Builders can't level land and construct endless concrete commuter communities out toward the horizon.
  • Despite the Urban Growth Boundary's gentle expansion, there are more Portlanders arriving every day and they need places to live.
  • So builders are buying where they can, tearing down homes, repurposing other buildings and sub-dividing lots into multiple properties.

Thus, urban areas are being filled-in with new construction. This often causes uproar due to the loss of familiar neighborhood landmarks, its added stress on urban services and an increase in traffic congestion.

ext_img_6204_hdr_lowresIn Portland, the most recent and loudest outcries have come when builders tear down something old and familiar to hammer together a structure that some neighbors perceive as out of place.

But not all builders are mustache-twirling profiteering villains. Some take great care to design homes that share the aesthetic of the neighborhood, offering modern amenities in a style meant to preserve the community's charm. Others strive to design and build modern structures to reflect today's tastes and energy-efficient systems.

Check out this brand new home, crafted with the traditional architectural flair of a turn of the century Portland Foursquare. Or, rather than tear down a property entirely, this 1894 Queen Anne was rebuilt to maintain its Victorian charm.

exterior-NEW_IMG_3615_HDR-Edit_lowresThe bottom line is there will always be a degree of public outcry whenever something new replaces the long familiar. In an ideal world, we would be able to increase density without controversy. As it is now, with Portland's regional governance calling the shots via the Urban Growth Boundary, we've quite literally elected for urban infill over urban sprawl.

In the absence of a perfect population density solution, you're unlikely to hear the last of urban infill outcry anytime soon. Headlines aside, when it comes time to purchase a home, you can either support the traditional, embrace the new or seek out a hybrid of the two.

The Allure of Modern Homes

Print

Style travels in waves, lapping at the shore of our social consciousness only to ebb and return on the next tide. The modern architecture style is especially well-suited to Portland and its appeal never leaves the forefront here for long.

 

entry_IMG_3573_DxO_HDR_lowresYou tend to know mid-century modern homes when you see them because they look like you'd be living in an episode of Mad Men. Evolving from the aftermath of World War II industrial construction efforts, architects could now incorporate steel and plywood into their designs. But this wasn't simply an application of new materials. Mid-century modern architects truly embraced the artistic power of their profession, their signatures boldly emblazoning Portland neighborhoods to this day.

 

Modern architecture is an echo of modernist philosophy. It was a rejection of the traditional in favor of embracing the present (and the future) as it presents itself. Unnecessary flourishes and artifice were thrown out in favor of clean, unbroken planes. When you can look up at the naked functionality of a post-and-beam ceiling, you see the structure of your home for exactly what it is.

 

atrium_img_5549_hdr_lowres

This design's unfiltered acceptance of reality extends to Nature as well. Floor-to-ceiling windows invite the outside in. As children grow up in these homes, they don't have to wait to be tall enough to peer out a window, but are face-to-face with the world as soon as they can crawl. Some modern home designs even feature an atrium, truly treating Nature as a member of the household.

exterior-deck_751-sw-westwood-dr_077_lowres

Ensconced in the enviable landscapes of the Pacific Northwest, many of Portland's contemporary builders are still employing the modern style in today's homes for its aesthetic appeal. Not only do these properties love the camera lens, but their owners love living in a work of art.

 

Success Stories for May 2015

TrueView success stories abound! With buyers already hungry for the low inventory of homes, making your property stand out can whip the potential buyer pool into a profitable frenzy. While it's common to see this activity in a more modest price range, where there are more people shopping, luxury homes are also benefitting from the TrueView treatment. Leading the pack this month, we have a property above $850k that garnered multiple offers and sold over the course of its first weekend on the market.

This kind of indicator bodes well for the entire market. As you can see, every other home highlighted this month sold during its first weekend of offers for more than $30k above its list price.

Now is the perfect time to chat about your own real estate plans!

 


 

2624 NE 24th Ave - $857,000

Sold in 5 days, $8k over asking!

Beds: 4 | Baths: 3.1 | 2,921 sqft.

This handsomely remodeled 1922 Dutch Colonial is situated in the desirable Irvington neighborhood, served by Beverly Cleary and Grant schools.

Check out the TrueView site for more photos and videos.

 


 

4721 NE 25th Ave - $512,000

Sold in 3 days, $32k over asking!

Beds: 4 | Baths: 2 | 2,860 sqft.

This fantastic 1906 Old Portland home is located in a thriving community, conveniently close to bustling Alberta Street, where a wide variety of local dining and entertainment options are waiting to be explored!

Check out the TrueView site with more photos and videos.

 


 

4263 NE Simpson Ct - $340,000

Sold in 4 days, $40k over asking!

Beds: 2 | Baths: 1 | 1,436 sqft.

Situated in the Cully neighborhood of Northeast Portland, this bungalow maintains the charm of its 1926 construction.

Check out the TrueView site with more photos and videos.

 


 

6023 NE 11th Ave - $491,000

Sold in 4 days, $46k over asking!

Beds: 4 | Baths: 2 | 2,504 sqft.

Situated in desirable NE Portland, this classic craftsman is minutes away from bustling Alberta St, Killingsworth and Dekum Triangle restaurants, shops, and entertainment.

Check out the TrueView site for more photos and videos.

 


Sneak Peeks for April 2015

Nothing beats getting a jump on the competition when you're looking to buy a home. Or perhaps you'd like to gauge what you're up against if selling is in your future. Regardless of your situation, here's your chance to take an exclusive first look at these homes before they hit the market!  

SW Richenberg

SW Richenberg, Portland - approx. $599,000

Nestled in the hills of Southwest Portland, this wonderful Day Ranch features the amenities of the Hillsdale area with the convenience of downtown Portland just minutes away. Nearly a quarter of an acre, the home's expansive lot is decorated with a sweeping lawn, neat landscaping, and is outlined by tall trees and shrubs--creating a wonderfully peaceful atmosphere.

Residence Bedrooms: 5 Bathrooms: 3 Square Feet: 3,120

 


 

Washington Ct

Washington Ct, Lake Oswego - approx. $515,000

Completely remodeled ranch on expansive lot (over 1/3 acre) with 4 beds, 2 bathrooms. Great Lake Oswego location and schools. Backyard possibilities are endless!

Residence Bedrooms: 4 Bathrooms: 2 Square Feet: 1,800

 


 

118th

NW 118th Ct, Portland - under $400,000

Well maintained one level with updated kitchen and baths. Double garage and carport. Energy-efficient. Cul-de-sac location with convenient access to downtown.

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 1,855

 


 

SE 77th

SE 77th Ave, Portland - approx. $319,000

Same owner for over 50 Years - Detached oversize 2 car garage, corner lot with private back yard, well maintained. Original hardwood floors under the carpeting for the last 50+ years.

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 1,870


 

SW Cross Bill

SW Cross Bill Terrace, Beaverton - approx. $325,000

Enjoy the gorgeous courtyard entrance to this Fountain Court townhome, with open 2 story foyer entry, formal living room and dining room, fireplace in family room, eating bar in kitchen, master ensuite/walk-in closet, 2 more bedrooms/full bath up. Oversized 2 car garage with plenty of space for workshop.

Residence Bedrooms: 3 Bathrooms: 2.1 Square Feet: 1,777

 

The Right Time to Sell

RTTS-011It's one thing to hear buzz about the real estate market heating up (it's an exciting indicator for those looking to sell), but it should really prompt home owners to take a deeper look at their own property and then gauge the most strategic time for them to enter the marketplace.

Looking at the inventory trend (the number of homes on the market) over the last several years, we're seeing a steady decline in quantity. Certain aspects remain predictable, like the obvious seasonal rhythm in Portland's buying trend. And even a glance at these graphs confirms that it's a definitely seller's market. With fewer homes available, demand must be higher, right?

Yes and no. The clamor over "quality homes" is higher than ever. Well-presented properties with desirable traits can spark multiple-offer situations (bidding wars), pushing up the final selling price. But our region also possesses an educated buyer pool, savvy to artificial hype due to limited selection.

So we must gauge what makes your property special. If it's your outdoor spaces, it can actually be beneficial to hold off until everything is in full-bloom for a TrueView photo/video shoot on a sunny day. Or if it will be possible to professionally stage your home in two months, the investment can be well worth the wait. Every seller's situation is unique.

Inventory is down, absorption rate (the percentage of available homes that are being purchased) is up, but that's certainly no reason to panic into selling. Also, this data shows the trend of the greater Portland market. The most valuable data for your situation can be gathered from your neighborhood market.

Now is the perfect time to partner with your favorite agent and formulate the best plan for your home!

Hidden Gems: Portland Hikes

HiddenGemsTitle Nestled between coastal and Columbia River Gorge hiking treasures, it's easy to overlook the gorgeous hikes we have right here in Portland. These three gems provide an immersion in nature without a considerable investment in driving time. Explore the one closest to you or hit all three for a hiking hat-trick!

portland-lower-mcleay6 Wildwood Trail to Pittock Mansion Hike Beginning this hike under the Thurman Street Bridge, the Wildwood Trail winds its way up and through a lush green landscape, populated thickly by tall trees that echo with birdsong. Expect to meet friendly flocks of local trail runners, making the pleasant climb past the mysterious Stone House, across Cornell then onward and upward to Pittock Mansion's perch in the West Hills. This hike offers lush scenery typically found farther east in the wilds of the Columbia Gorge as well as the chance to tour a landmark rich with Portland's history. Start: Lower Macleay Park Trailhead End: Pittock Mansion Distance: 5 miles (round trip) Elevation Gain: 900 feet Cost: free (mansion tours $7-$10 depending on age)

1280px-Crystal_Springs_Rhododendron_Garden_Panorama Crystal Springs to Reed Canyon Hike Crystal Springs Rhododendron Garden serves as a mecca for local flora, fauna and waterfowl. Begin your journey in the manicured grounds, its rhododendrons in bloom from mid-March through the summer, and progress into the 28 acres of rehabilitated forest in Reed Canyon. Deer are prevalent, as well as river otters, who can be glimpsed pulling fish out of man-made Reed Lake. The canyon is also home to Reed College, its nostalgic Tudor-Gothic architecture perfectly at home in the natural setting. Leisurely return to the trailhead while ruminating on this center for academia set in the simple beauty of classic Northwestern environs. Start: Crystal Springs Trailhead End: Crystal Springs Distance: 2.4 miles Elevation Gain: 145 feet Cost: $4 - March through Labor Day from Thurs-Mon, free all other times

Tryon Creek_Lake Oswego and Tryon Creek_B01_3838_HDR_lowres Tryon Creek Hike Located just north of Lake Oswego, this verdant state park is bisected by Tryon Creek, which is fed here by a network of smaller streams. The abundance of trail options (pick up a free map from the visitor center at the trailhead) allows for creative exploration of several modest bridges spanning the waterways. Chart a trek of ideal length or simply meander through the lush expanse of protected land, losing yourself in this wooded oasis amidst civilization. Start and End: Tryon Creek State Park Trailhead Distance: roughly 2.5 miles (hikes vary) Elevation Gain: roughly 200 feet (varies) Cost: free

M Together: Oregon Food Bank

mtogether_OFB-01-01 10956401_10152856613638668_1959444345195439238_o "Why aren't you eating, Dad?"

He smiles, telling his children that he's already eaten, or that he's not hungry. In reality, he waits until his family have finished their meals, only then taking what is left over.

Stories like this are far too common, but thankfully, the Oregon Food Bank is there to help feed your fellow Oregonians (and even the residents of Clark County, Washington). Last year, they distributed over 44 million pounds of food to hunger-relief agencies.

There are numerous ways to help combat hunger: by donating food, funds and/or your time. Last month, as part of the M Together program, several M Realty agents and staff donned hair nets and volunteered, packaging over 11,000 pounds of frozen vegetables. This is but one outing for an on-going community outreach program, and M looks forward to its next visit!

10688434_10152856614258668_2441443400310670588_o_lowres

Sneak Peeks for March 2015

From Southwest to Northeast to Cannon Beach, this month's sneak peeks are a diverse bunch. Take this exclusive first look at these up and coming homes and fall in love before anyone else even gets the chance!  

NE 24th

NE 24th, Portland - approx. $849,000

Gorgeous home with desirable floorplan: 3 bedrooms and 2 full baths upstairs, including large Master Suite; spacious living and dining on main, remodeled kitchen with eating area and access to back yard, garden and patio; finished lower level with 4th bedroom, 3rd bathroom, comfortable family room and outside entry. Preview the home's TrueView website here!

Residence Bedrooms: 4 Bathrooms: 3.1 Square Feet: 2,921

 


 

SW Cooper Ln

SW Cooper Ln, Portland - approx. $435,000

Spectacular craftsman with a bright, open main level floorplan featuring high ceilings and sleek for floors. Bedrooms, including the luxurious master suite, are tucked upstairs for privacy.

Residence Bedrooms: 4 Bathrooms: 2.1 Square Feet: 2,193

 


 

Breakers Point

Breakers Point Condo, Cannon Beach - approx. $429,000

One of three free-standing townhome-style condos at Breakers Point. Features multiple decks for outdoor entertaining, private clubhouse with guest quarters, indoor community pool, indoor tennis court and private beach access.

Residence Bedrooms: 2 Bathrooms: 2.5 Square Feet: 1,456

Breakers Point Beach

 


 

NW Angela Ln

NW Angela Ln, Hillsboro - approx. $249,900

Charming ranch home in serene Hillsboro, perfect for those seeking a single-level lifestyle.

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 1,503

 


 

SW Sagert

SW Sagert St, Tualatin - approx. $170,000

Townhouse-style condo in Tualatin Orchard Hills with two master suites upstairs. Slider from dining area out to private patio. Newer siding, interior and exterior paint, and hardwoods will make for a great investment property or owner occupied!

Residence Bedrooms: 2 Bathrooms: 2.1 Square Feet: 1,129

 

Introducing M Together

M Realty is on a mission to make the world a more beautiful place. We believe that caring individuals working together can make an impact on a variety of causes benefiting an array of community organizations. We created M Together to help our staff, agents, clients, and other friends give back to local nonprofits.

M Together helps facilitate agents contributions through monetary giving, volunteer hours, and collaborates with agents through web design, print media, and corporate sponsored events.

Check out some of the organizations already being supported by M Together:

   

 

 

 

 

Hidden Gems: Food Carts

foodcarts

While food carts as a concept are a famous fixture in Portland, this Hidden Gem spotlight focuses on getting your brain (and mouth) around your favorite flavor of indie cuisine no matter when and where your belly rumbles.

Food carts, like whales and peas and dolphins, are happiest in pods. This is advantageous because their listed hours often serve as rough sketches. If it's a sunny day, the cart may stay open later or just close early so the proprietor can play outside too.

Fickle as that may sound, it makes the food cart experience an adventure. On the off-chance you aren't able to get what you came for, that cart's podmates will gladly feed you with their offerings. The list below is conveniently divided by location and likely hours of operation to help you get some of this fantastic food in your face!

Featured Carts

Food Carts004lowresWestside Alder Food Cart Pod (SW 9th & Alder) Nong's Khao Man Gai - Mon-Fri - 10a-4p The Frying Scotsman - Mon-Fri - 11a-4p Samurai Bento - Mon-Fri - 11a-4p Grilled Cheese Grill - Sun-Thurs 11a-5p, Fri-Sat 11a-8p

 


 

quimbyQ19 Food Cart Pod (NW 19th & Quimby) Sawasdee Thai - Mon-Fri - 9a-3p The Lunch Box - Mon-Fri - 11a-3p OMG Oregon Made Grub - Mon-Fri 11a-3p

 


 

Food Carts021lowresEastside Bundy's Bagels (1421 SE 33rd) Wed-Fri 6a-3p, Sat 8a-5p, Sun 8a-3p Potato Champion (1207 SE Hawthorne) - Tues-Wed 4p-1a, Thurs-Fri 4p-3a, Sat 12p-3a, Sun 12p-1a Angry Unicorn (5205 SE Foster) Tues-Sat - 12:15p-7p Grilled Cheese Grill (1027 NE Alberta) - Sun-Mon 11:30a-3:30p, Tues-Thurs 11:30a-8p, Fri-Sat 11:30a-2:30a Los Gorditos (SE 50th & Division) - Mon-Sat 10a-9p Cartlandia Super Pod (8145 SE 82nd) - 10a-9p

Click here for a full map of Portland's food cart pods!

Inspiring Home Tours

hometour Living-Dining_5005 SW 18th Pl_055_lowresHave you ever been invited into someone's home, been given the nickel tour, spotted something fantastic and thought to yourself that you're definitely copying that when you get home? Maybe it's a clever storage idea, an accent wall, vintage fixtures in the kitchen, creative furniture placement or a back patio designed for maximum outdoor entertainment. Then the next time you host a dinner party, you can be the one who basks in the praise of your guests.

Beyond bragging rights, you might just add an inspired bit of functionality to your daily living space. Or you may be hankering to get those creative juices flowing for an upcoming remodel. Bigger still, it could be time to migrate to a new home altogether. Heck, even if you're just looking for something fun to do after brunch, taking a home tour is a solution to all these scenarios.

These thoughtfully curated experiences book up quickly, so select your favorites, buy your tickets (where applicable) and mark your calendar!

living space 1 french door detail_1811 NW Couch St #511_021_lowresArchitectural Heritage Center's Old House Revival Tour - Sat, April 11th - 10am to 4pm

Modern Home Tour (presented by Gray Magazine) - Sat, April 25th - 11am to 5pm

The Ultimate New Home Showcase - Sat & Sun, April 25th & 26th and May 2nd and 3rd - 11am to 5pm

Restore Oregon's Mid-Century Modern Tour - Sat, May 9th - 10am to 4pm

Irvington Home Tour - Sun, May 17th

Sneak Peeks for Feb 2015

This month's fantastic sneak peeks are located throughout Portland, Lake Oswego, McMinnville, Estacada and West Linn. The market is heating up and still as competitive as ever, 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!

 

Lake Front

Lake Front Rd, Lake Oswego - approx. $2,295,000

This classy contemporary estate on Lake Oswego boasts all the charm and luxury one would expect from premier listing on a private lake. Exquisite details abound in the spacious home, rivaling the pristine views of its back patio overlooking the lake.

Residence Bedrooms: 4 Bathrooms: 4 Square Feet: 4,245

 


 

Wild Rose Drive

Wild Rose Dr, West Linn - approx. $624,900

Wonderful home in fabulous location of Rosemont Summit. So close to everything: Tanner Creek Park, schools, shopping.... Open kitchen/family room space, hardwood floors, wainscoting. There is so much to offer from the home, neighborhood, schools, community... the list goes on.

Residence Bedrooms: 4 plus bonus room Bathrooms: 2.1 Square Feet: 3,366

 


 

SW Market St

SW Market St, Portland - approx. $995,000

Immaculate 1895 Victorian home nestled in the heart of the historical Goose Hollow neighborhood. Lovingly renovated from top to bottom to feature the latest modern amenities as well as to showcase the incomparable style and architectural detail of Portland's yesteryear.

Residence Bedrooms: 2 Bathrooms: 2.5 Square Feet: 2,800

 


 

SW Pineridge St

SW Pineridge St, Portland - approx. $559,900

Located in Raleigh Hills on a quarter acre lot, this contemporary home has been beautifully updated and maintained. Surrounded by lush trees and breathtaking views of nature, the yard is a wonderfully private retreat--perfect for relaxing and entertaining.

Residence Bedrooms: 4 Bathrooms: 3 Square Feet: 2,358

 


 

SE Sunview Ln

SE Sunview Ln, Estacada - approx. $839,000

Sunsets and satisfaction! Perfect one level custom-built executive home with sunset views of Portland on two level acres. Hangar with RV parking and hookups, shop with four entry roll-up doors. Car collectors? Boats? Toys? It's got the room and a paved 3600 foot airstrip!

Residence Bedrooms: 3 Bathrooms: 2.1 Square Feet: 3,467

 


 

Arthur

Arthur St, McMinnville - approx. $350k-$380k

Secluded paradise near downtown McMinnville. Spacious home with 100% nature views from nearly every room.

Residence Bedrooms: 4 Bathrooms: 3.1 Square Feet: 2,850

 


 

Arthur

Ladd's Addition, SE Portland - approx. $660,000

Sunny, spacious bungalow with vintage built-ins, hardwoods, and gorgeous south-facing kitchen. Garage with studio potential. Ideal location near New Seasons, cafes, and Abernathy and Cleveland schools.

Residence Bedrooms: 4 Bathrooms: 2 Square Feet: 2,782

Hidden Gems: Artisan Foods of Portland

artisanfoodThere's an extra layer of pride when a local business achieves renown that extends beyond the shores of Portland. Not only are these artisans crafting their products here at home, but they'll invite you inside to see how they do it and taste their wares firsthand.

   Bob's Red Mill

Employing time-honored techniques to quartz-grind their whole grains into an array of wholesome products, Bob's Red Mill employees are as dedicated to quality as to each other. On Bob's 81st birthday, he gave the company to his employees because "it was just the right thing to do." Learn more about this remarkable organization on the factory tour at their world headquarters.

Their Whole Grain Store and Restaurant is open six days a week (closed Sundays) and serves hearty breakfasts, lunches and dinners.

   Ancient Heritage Dairy

Portland's first urban creamery! Family founded, after the passing of Kathy, beloved wife, mother and cheese maker, father and son continue the business in her honor. They're opening soon on the corner of SE 7th and Main Street in Portland. Their award-winning cheeses can currently be purchased in their online store.

   Blue Star Donuts

Made from scratch throughout the day for maximum freshness, their donuts are always glazed to order. Blue Star prides itself on the highest in culinary standards and uses local, seasonal ingredients. There are no artificial flavors or preservatives and they have vegan options!

Check out their locations in Southeast, Southwest and North Portland.

   Moonstruck Chocolate

Founded in Portland in 1993 on the principle that truly superior chocolates must be hand-crafted, Moonstruck still practices the same concept today. Their chocolates are designed to be not just a passing flavor but a memorable experience.

They have chocolate cafes on Alder, NW 23rd, in Pioneer Place and Beaverton. Check out the outlet store located in their factory to see how it's all made!

Up Your Credit Score

creditscore credit score

Brent Lucas of Guild Mortgage, M Realty's featured partner, prepared this helpful guide to boosting your credit score.

We all know that having a good credit score is important to our financial well-being and can open doors, such as allowing us to borrow money at favorable rates for homes, cars or college tuition for our children.

Understanding, though, doesn't always lead to following the best practices and many of us make basic mistakes with our credit that can hurt our scores, according to a recent survey by the National Foundation for Credit Counseling (NFCC).

Fortunately, you can repair and improve your credit score if it has been damaged and the Guild Mortgage home gurus have found expert advice to help. It starts with knowing what you are up against, advises the NFCC. All U.S. consumers are entitled to a free copy of their credit report every year from each of the three credit reporting agencies, and these reports can be obtained at AnnualCreditReport.com. Look at your report and find out if there are any issues that you need to correct, such as late or missed payments.

If you do spot any errors on your credit report, dispute them with the credit reporting agencies, says Forbes.com. The three agencies are Equifax, Experian, and TransUnion, and all three offer online options for disputing erroneous entries on your credit report.

Negotiating with your creditors can also prove beneficial. For example, contact a credit card company and offer to pay your balance in full if they will report your debt as "paid as agreed," or remove the late payment information from your credit file. Forbes.com advises getting this agreement in writing before you make the payment.

credit scoreAnother important step you can take is to set up automatic payment reminders for your bills, says myfico.com. That's because payment history is one of the major factors used by the credit agencies in computing your credit score. You can take it a step further and be worry free about missing due dates by setting up automatic payments for your credit card bills, which will be deducted each month from your bank account.

Paying down your debt is also extremely important. Although this can be difficult to do, it is more manageable if you take it on a step-by-step basis. First, stop using your credit cards. Then, come up with a plan to pay the most on cards that charge the highest interest rate. Over time, you will see a marked reduction in your debt, which will make you feel proud of your progress while boosting your credit score.

If you are having trouble getting approved for credit because of your credit history, consider a co-signer for a loan or credit card. You will have to find someone willing to be equally responsible for any late or missed payments, which would damage their credit score as well. But if you use this opportunity responsibly, you can rebuild your credit score while also learning and establishing good credit habits. The biggest step, according to the experts: not borrowing more than you can afford to pay back, and making your payments on time.

Credit limits are also something to manage intelligently. Those who max out their credit cards can hurt their credit score. Keep your credit card balance at or below 35 percent of your credit limit, advises USAToday.com. Consumers with the best credit scores tend to use about 7 percent of their available credit, but 10 to 20 percent is within a safe range, says the website.

Finally, maintaining a diverse mix of different types of credit can boost your score. This could include a mortgage, home equity line of credit, auto loan or credit card. And of course, make the payments on time so you build a positive history!

By following these tips, even if your credit has taken a hit in the past, you can get back on the road to good financial health and use credit effectively.

If you'd like more information about preparing your credit score for home ownership, 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 Feb 2015

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.

 


 

1260 Swift Shore Cir - $425,000

Sold in 3 days, multiple offers! Beds: 4 | Baths: 3 | 2,538 sqft.

Listed with a previous agent last year throughout the peak buying season without success, an M Realty agent took over last month and sold it in three days for full price with multiple offers. Trusting their agent on the value of staging their home, the sellers maximized the property for TrueView and achieved wonderful results!

Check out the TrueView site with more photos and videos.

 


 

18951 Indian Springs Cir - $465,000

Sold in 3 days, $15k over asking Beds: 5 | Baths: 3 | 2,865 sqft.

Nestled in a Lake Oswego neighborhood, this 1969 traditional style home is situated on a sizable .23 acre lot. The facade is welcoming, decorated with picturesque trees and rhododendron bushes. Around back, the spacious fenced yard features a lush green lawn, two patio areas and tidy landscaping.

Check out the TrueView site with more photos and videos.

 


 

18650 Tualata Ave - $735,000

Sold for $35k over asking! Beds: 4 | Baths: 4 | 3,196 sqft.

Nestled at the back of an acre of serene Lake Oswego land, this gorgeous custom home is surrounded by thriving trees. In addition to the main living space, the property features a kitchenette and a pair of bedrooms above the garage.

Check out the TrueView site for more photos and videos.

 


 

13023 SW Tearose Way - $301,000

Sold in 1 day, $1k over asking! Beds: 3 | Baths: 2.1 | 1,488 sqft.

This home combines the best of quality, lifestyle and is turnkey for you! Enjoy the kitchen with new quartz countertops, cabinetry, stainless steel appliances, an eating bar, nook, updated baths, newer carpet, new siding, exterior paint and a spacious fenced backyard.

Check out the TrueView site for more photos and videos.

 


Sneak Peeks for January 2015

This month's fantastic sneak peeks are located in Northeast and Southwest Portland. 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!

 

NE 20th

NE 20th Ave, Portland - approx. $899,000

Gorgeous Irvington remodel combining classic and contemporary elements; large gourmet kitchen with high-end fixtures and finishes including Viking range and Bosch hood, travertine floors, slab limestone counters, glass tile backsplash, and a recipe planning desk; open main level floor plan with 4th bedroom and 3rd bathroom, dining room opening to garden, light-filled sitting room, spacious living room with wood burning fireplace and handsome built-ins; Master bath and upper hall bath with heated floors, Pratt & Larson tiles; Master suite with large walk-in closet; 4 bedrooms (3 upstairs), 3 baths (2 upstairs); lower level family room; central sound; security system; oversize landscaped yard with patio, water feature and raised beds. Five blocks to Whole Foods, Library, Starbucks and more!

Residence Bedrooms: 4 Bathrooms: 3 Square Feet: 3,097

 


 

SW Troy

SW Troy St, Portland - approx. $520,000

Drama, sophistication, location, this 1950's South Burlingame home has it all. Remodeled with an open plan, exquisite detail, custom high-end kitchen and bathrooms, hardwood and cork floors, newer windows, roof, furnace, AC and solar panels. Great, spacious yard and less than 10 minutes from city center.

Residence Bedrooms: 4 Bathrooms: 3 Square Feet: 2,822

 


 

SW 80th

SW 80th Ave, Portland - approx. $259,000

Tremendous value! Move-in ready Garden Home remodeled Ranch. One-level living!. Newer kitchen cabinets and granite tile. French doors from dining area to patio and large fenced yard. Vaulted LR with wood-burning fireplace. Master suite with full bath. Central air, 2-car garage and RV parking. Convenient, close-in location!

Residence Bedrooms: 3 Bathrooms: 2 Square Feet: 1,058

Owning vs Renting

Does Your New Year's Resolution Include Owning Your Home?

Brent Lucas of Guild Mortgage, M Realty's featured partner, details the benefits of owning your home versus renting.

Nearly a third of households are still renting. If you're one of them, you could be paying a hefty price.

Estimates for 2015 are soaring. Zillow predicts that growth in rents will outpace home values in 2015 due to skyrocketing rental demand. The combination of young adults renting longer and families continuing to rent after losing their home to foreclosure has increased the rental market demand... and with higher demand comes higher rental prices. In fact, renting may be COSTING you a bundle.

Let's look at an example...

If you are paying rent at $1,500 per month and your landlord increases your payment by a modest 5% each year, you would wind up paying just about $100,000 over a 5-year period! Worse yet, after forking over $100,000, you still would have nothing to show for it.

And speaking of having nothing to show for it, how about any improvements you might make to a rental property? It's not uncommon for renters to freshen up the paint, install new light fixtures or plant some nice flowers outside. But guess what... all your efforts, labor and the benefit of that improvement belong to the landlord, not to you.

With convenient down payment options still available for qualified buyers, affordable home prices and low interest rates, the very same money could have been used toward home ownership.

Even using a standard 30-year fixed program, a mortgage of $300,000 could be obtained with a total monthly mortgage payment-including property taxes and insurance-of around $2,200. Assuming a 25% tax bracket, this would be equivalent to the average amount spent on rent during the same period after your tax benefit.

And the benefits of home ownership are quite considerable. Because the mortgage is being paid down each month, equity is being built. After five years, the $300,000 mortgage could be reduced to $279,000, adding $21,000 to your net worth!

But if laying out the initial increase in monthly payment and having to wait for your tax benefit to show up next April is a tough nut to crack, the IRS wants to help. Instead of waiting to file for the tax benefits derived from your new home purchase, you can simply adjust the amount of your withholding. This allows you to have less tax withheld from each paycheck so you can handle the new mortgage payment more comfortably throughout the year. In essence, you are taking your tax refund as you go instead of letting Uncle Sam hold it all year, interest free.

Visit www.irs.gov and use the IRS withholding calculator. This very handy tool can quickly show you the impact that a change in withholding will do to your net paycheck. Remember to balance this with the expected refund and it is always a good idea to check with your tax advisor.

Don't fall victim to the national headline hype. Remember, buying a home is a big step, but it is almost always one in the right direction.

If you'd like to learn more about how home ownership might be the right fit for your current situation, now is the perfect time to reach out to your favorite real estate agent to be connected with a financial professional like Brent.

Donation Guide

Getting a fresh start in the New Year can mean finding a new home for some of the items that clutter our lives. Also, donation receipts are always a plus while preparing your taxes. Make your living rooms, kitchens, closets and garages more accessible and do a good deed in the process!

  Community Warehouse Accepts: furniture, kitchenware, basic household items, durable medical equipment Drop-off Sites: NE Portland and Tualatin

  William Temple House Accepts: furniture, clothing, shoes, antiques, books, small appliances, clean bedding and linens, area rugs, holiday items Drop-off Site: NW Portland (Tues, Wed, Thurs from 10am-3pm)

  Portland Rescue Mission Accepts: clothing, blankets, backpacks Drop-off Sites: West Burnside and NE Portland

Success Stories for January 2015

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.

 


 

3624 SE 64th Ave - $234,000

Sold in 4 days, $14k over list price! Beds: 3 | Baths: 1 | 1,054 sqft.

Ideally located minutes away from SE Foster Rd and SE Powell Blvd in Portland, this home boasts 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.

 


 

623 NE 79th Ave - $420,000

Sold in 16 days Beds: 4 | Baths: 3 | 2,312 sqft.

Located in a quiet neighborhood within convenient proximity to local dining like Flying Pie Pizzeria, Bipartisan Cafe and the Observatory, this cottage stands surrounded by several parks and is but a short commute from the distinct Hollywood district. Highways 84 and 205 are also within easy reach.

Check out the TrueView site with more photos and videos.

 


 

9335 N Edison St - $348,600

Sold in 7 days Beds: 4 | Baths: 2.1 | 1,712 sqft.

This home is situated in the Cathedral Park neighborhood, bordered by the St. Johns, Linnton and University Park neighborhoods. Features of the neighborhood include close proximity to the University of Portland campus, a great view of the Willamette River and easy access to one of the most unique parks in the city-Cathedral Park. The St. Johns Bridge links Cathedral Park to Linnton and the northwest Portland industrial area.

Check out the TrueView site for more photos and videos.

 


New Year's Eve Festivities

Grown-Up Parties

$99 - Downtown's most famous NYE party: http://pdxpipeline.com/2014/12/03/win-tickets-portland-new-years-eve-champagne-ball-toast-hilton-2015/

$100 Reserved 3rd Floor / $125 - $150 VIP & 4th Floor / $50 After 10pm - NYE Governor's Ball: http://pdxpipeline.com/2014/12/02/portland-2015-new-years-eve-governors-ball-w-patrick-lamb-soul-vaccination-champagne-toast/

$16 ADV / $18 Doors - Shake it at The Goodfoot: http://pdxpipeline.com/monthly-event-list/portland-2014-2015-new-years-eve-bash-featuring-scott-pemberton-trio-goodfoot-classic-rock-jazz-psychedelia/

 


 

Family-Friendly Options

$20/Skater - Skate in the New Year Together at Oaks Park Roller Rink: Prize wheel, party favors at midnight, goes until 1am. http://www.oakspark.com/roller-skating.html

$10/Adult $7/Kids - Zoo Lights: Bundle up and join in the magic of the winter festival at the Oregon Zoo! Gates open from 5pm to 8pm. http://www.oregonzoo.org/visit/zoolights

 


 

Kick-off the New Year with Fitness

$40 - First Run 2015! World Trade Center Plaza. Begins at the stroke of midnight. 10k Run or a 5k Run/Walk. http://aasportsltd.com/events/race/first-run-walk/

 


 

Get Home Safe

TriMet: All service is FREE after 8pm. The MAX is on extra-late night service and will be running in about 35min intervals until approximately 3am. http://trimet.org/schedule/holidays.htm

Johnny Cab: As an alternative to traditional cab service (where you have to go pick up your car in the morning), Johnny Cab is a Portland-based alternative. They come to where you are and take you home safely in your own car so it's there when you wake up. And it's less expensive than two-way cab fare. It's reservation-only so book sooner than later! http://johnnycab.net