Portland Metro/Tigard Real Estate News

In this forum we will offer discussions on a wide variety of subjects, but focus on Portland Metro and real estate. Hopefully our insights and experiences will inform, educate, challenge and entertain our readers week after week.

Wednesday, July 4, 2007

The New Retirement Centers

The Forest Grove Senior Center is a typical type senior center where older adults spend time socializing, quilting or volunteering at tasks such as washing breakfast dishes for the Lions Club. An hour away, in east Vancouver, The Firstenburg Community Center has sewing but down the hall, toddlers romp in the day-care area, mothers bob in a water aerobics class, and teens on summer break scale Sadri's Summit, a rock climbing wall. The two centers could not be more different, or representative, of past and present attitudes about leisure time of those 55 and older. Across the Portland metropolitan area, senior centers are revamping in preparation for the aging baby boomers and their redefinition of retirement.

A major trend in this revamping is the idea of multigenerational centers. In 2006, Vancouver opened a giant $21.1 million multigenerational center that offers recreation and social opportunities for all ages. In Oregon, the Tualatin Hills Park & Recreation District and Lake Oswego both want to build similar centers if voters approve funding. The movement parallels concerns of Washington County and city leaders, keenly aware of their aging constituency. The county's Department of Health and Human Services projects the number of residents age 65 and older will more than double, from 42,985, or 8 percent of the population, in 2005 to 101,302, or 14 percent of the population, in 2025.

Some senior centers don't seem to think the varying age groups will tolerate being forced to mingle. Others see the current activities of the baby boomers, which at times are the same as the "youngsters", and are looking to be ready for them. Baby boomers in particular tend to fight the notion of getting older, but depending on budget and community involvement, it can be difficult to get support for these new multigenerational centers. Forest Grove is dragged down by a lack of senior interest and few public dollars while Tualatin Hills' tax-supported Elsie Stuhr Center in Beaverton bursts with so many people and activities that the district long ago acknowledged the need for another center. This new center could be a multigenerational center because of the cost efficiency and social benefits.

Traditional senior centers still carry a certain bridge playing, quilt making, rocking-chair stigma. Some seniors are still very much interested in that type of an environment but as things move forward the new seniors are going to demand more choices and it could only be to everyone's benefit to be ready for that. For now there are going to be those who don't see Pilates as a senior citizen activity. For smaller, struggling centers, such thinking threatens existence and sidelines any thoughts of erecting an expensive multigenerational center. It's hard to argue the need for a new site when the current ones are getting no use. The struggling facilities really need to update the current locations first and it's programs. Once they start getting used the funding will be there, people will see it's need.

Boomers don't necessarily want to hang with teenagers, but many may not want to take a bridge class, either. Conversely teenagers might not necessarily jump at the chance to hang around retirees, on the other hand, you can't deny the convenience for families to have all their activities located in one building. Vancouver's Firstenburg center shows how it works. The sprawling 80,000-square-foot, two-story building provides breathing room to every age group. Every new idea draws resistance at first but eventually you can't deny the social, economical and convenience benefits.

http://www.oregonlive.com/swweeklytts/oregonian/index.ssf?/base/metro_southwest_news/1182903952203240.xml&coll=7

Tigard Real Estate

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Friday, June 29, 2007

Silverton Photographer Gets The Assignment Of A Lifetime

Gretchen Dow Mashkuri is photographer from Silverton, Oregon who doesn't have a business card or a website. So how did this mother of four end up taking the first pictures of Sam Alexis Woods? Tiger Woods and his wife, Elin, didn’t want some high-profile celebrity photographer to take the first professional pictures of their new baby. Gretchen's brother's sister-in-law was the interior decorator for Tiger Woods and recommended her for the job. They picked Gretchen because she is an unknown and a mother who lives on a farm.

The birth of Sam Alexis Woods was announced on the golfer’s Web site June 18. In keeping with the couple’s desire for privacy, the announcement omitted many details, such as the baby’s height and weight. A contract she signed prohibits her from discussing many details of the job. “I was terrified when I walked through their door,” Mashkuri said. “They were very welcoming and warm and made me feel at ease. Just by looking at them, you can tell how proud they are to be parents.”

http://www.oregonnews.com/article/20070628/REGIONALNEWS/70628012

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Thursday, June 28, 2007

Photos in Real Estate

Too many realtors have not yet realized the power of their photos. Perhaps they don't know how many people start with the internet, or even solely use the internet in their home search but it just isn't enough to have a description up. You could be taking those who are relocating completely out of the running four your place. 99% of home-seekers using the internet found photos to be the most informative part of the website. Believe it or not, the quality of your photos matters a great deal.

You cannot "run out" and grab some pics really quick. It is vital that things like light and staging are taken into consideration and this takes time. Spend sometime pretending you are looking for a home. Check out the various websites and take note of the compelling photos. First you will notice which listings you will even bother to look at, most people ignore the homes with 0-1 photos. In this case more is almost always better, the more information you can give a potential buyer the more likely they are to create an emotional connection and go see the home. Next pay attention to the pictures you linger on and write down what compels you, try to incorporate these characteristics into your own photos.

This same can be applied to staging. Go through some real estate and interior decorating magazines. A lot of these pictures are shoot early morning or in the evening to take advantage of the natural light. Which rooms can you picture getting cozy in and what do you notice about them? Is there a lot of clutter? How is the furniture positioned? Are the selling points being highlighted? Eventually you might want to consider getting to know your camera a little better, perhaps even take a class.

Do keep in mind though that your can go overboard on the quality. There are some agents who spend a lot on professional photographers but keep getting complaints that the photos were better than seeing the house in person. Another potential issue is file size, there is a fine line there where you picture can be too big and detailed and it could take a very long time for a seeker to pull up. If it takes too long they will give up and move on.

http://photographyforrealestate.net/

Tigard Real Estate

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Tuesday, June 26, 2007

A Longer Murray Boulevard

Construction has already started on lengthening Murray Boulevard by a mile. Progress Ridge, a development south of Scholls Ferry Road and east of the new extention, has 1,100 people who will be given a much needed outlet. This will also benefit those who live in Beaverton and Tigard, Murray will now stretch all the way to Walnut Street where it crosses Barrows Road and now Scholls Ferry and Barrows will be connected. The project is expected to eventually have 4,000 to 6,000 cars a day.

The $3.25 million dollar street will come from the Oregon Department of Transportation, Washington County but mostly transportation funds. Also the project developer, Polygon Northwest, will be creating a local improvement district that should provide about $400,000 toward the increased cost of the bridge.

The Oregonian Southwest Weekly Thursday, June 21, 2007 page B10

Tigard Real Estate

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Monday, June 25, 2007

Market Strains Relocation Efforts

The real estate market has become a buyers market and for those who don't get to choose when they move, it makes for really bad timing. It's not just bad timing for the employee but also for the employer who is asking for the move. Not only is it causing delays in getting that employee where they need them but it is also costing them money. No one is going to want to sell their house at a loss by choosing to do it in this market, so either the company is going to pay the employee the difference or the raise will have to make it worth their while.

Although now some companies are putting restrictions on the home sales like preventing the worker from selling their place for more than a set percentage above appraised value. Other restrictions include requiring an approved real estate agent or not proceeding with the buyout until the home has been on the market 120 days. Some are even offering the buyers and brokers cash incentives because that could be cheaper than buying out the homeowner.

The down side of all this could be the huge reluctance of employees to relocate to where they are needed.

http://www.realtor.org/RMODaily.nsf/pages/News2007061802?OpenDocument

Tigard Real Estate

PLEASE CHECK OUT OUR NEW PODCAST ON THE HOMEPAGE OF OUR WEBSITE www.TonyandLibby.com

Friday, June 22, 2007

True Cost of Homeownership

 © Images.com/Corbis

Homeownership is more than just a mortgage payment. In fact, it is more than just closing costs and down payments. Those preparing to buy their first home might want to take some possible extras into consideration when planning out their budget.


  • Annual insurance premium. Hopefully you had renters insurance before, but a house can be very different and more than likely the size of your house will be more than your apartment. Definitely shop around, it can save you a lot of money!

  • Property taxes. Property taxes are based on the value of your home, this is a major one in Oregon. There are tax breaks involved for homeowners but property taxes are still another bill you are not in the habit of paying.

  • Utilities. It's possible that you are going from an apartment to a house or condo of the same size, for instance my friends just bought the apartment they were already living in. But chances are you are upgrading in size and you want to take that into account when figuring out what your new utility cost will be. Perhaps even the heating and cooling sources are different, or maybe you didn't have them at all before.

  • Appliances. A lot of times appliances are included, but you might want to inquire during your home purchase, sometimes you show up to your new place to find out you have to spend $800.00 on a washer and dryer, maybe even a refrigerator.

  • Furniture. Going on that same assumption that you are going up in size, you are going to need furniture. While we are now living in the age of Ikea it is still an expense most people do not budget ahead of time. Even if your place is the same size you might feel the need for furniture that "matches" your new place.

  • Repair and maintenance.Before any repairs that needed to be done were a matter of calling the landlord. Not only do you have to take care of these things yourself but you have to pay for them yourself too. If you also happen to not be one of these do-it-yourselfers the costs start skyrocketing because you have to pay someone to do it. Things you never think of like the driveway need maintenance too. You will go into shock when you have to pay for your first repair. It can be hundreds just to have someone clean the gutters. All these projects you are going to save on by using your own elbow grease are going to require tools as well, and those can add up fast.

  • Yard care. You might be smart enough to buy a condo but if not you will be paying a lot in time and money for your yard. If you are used to living in an apartment with no yard, this can be the biggest expense shocker. At the minimum you will be investing in a lawnmower. Depending how you want it to look or what you'll be using it for you could also be looking at trimmers, chainsaws, blowers, pressure washers and lawn funiture. Or you could look into landscapers but what you are gaining in free time you are definitely paying in paper money.

  • Pest control. Another expense people don't discuss very often is pest control. Often they don't think to have it checked out or just don't want to pay for it but it's one of those situations where a little money spent up front can save you tons later on.

  • Remodeling. A lot of times people watch HGTV and see how "easy" it is to take a place with good potential and make it exactly what you want. Sure it's easy if you have help and bottomless pockets. Simply changing paint colors can get costly, even if you do it yourself, but how good do you want it to look? Settled for carpet when you really wanted hardwood? Don't assume you can change anything you want once the house is yours, look into the costs ahead of time. Putting hardwood into one room is in the thousands.

After you've bought your home it would be really wise to budget unexpected, or even expected costs. Set aside an amount each month that will go toward that remodel or the water main burst that you didn't see coming. You'll be so glad you did.
http://realestate.msn.com/buying/Article_kip.aspx?cp-documentid=4980274>1=10130
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New Bull Mountain Parks!

$670,000 has been authorized to buy the Clute property on Bull Mountain from the water capital improvement project. The Water Board was using it to provide access to the reservoir but found themselves with a 1.36 acre excess.

Preparing the site will cost about $30,000 which will leave the land to be appraised at $700,000. The proceeds from the sale are to be put in the water capital improvement project fund.

Also, two lots in the Ash Creek Estates subdivision will be purchased for $345,000, which will be used for a pocket or neighborhood park. There was concern about the steepness of the lots but it has been determined that it is still doable.

Oregonians love any project that will help keep Oregon green so setting aside these local parks now will benefit Tigard in the future as the population grows and infill ensues.

Tigard Real Estate

http://www.tigardtimes.com/news/story.php?story_id=118184350706918200

PLEASE CHECK OUT OUR NEW PODCAST ON THE HOMEPAGE OF OUR WEBSITE www.TonyandLibby.com