Neighborhood Clean Up 2010 – Vernon Drop Off Saturday

VERNON NEIGHBORHOOD CLEAN UP
 Saturday, May 22 from 9 am to noon

DROP OFF SITE
Redeemer Lutheran Church
NE 20th & Killingsworth 

It’s time to clean out your house, get to know your neighbors, and connect with your Neighborhood or Community Association!  Feel free to bring your household goods and recyclable materials to the Vernon Neighborhood Clean-up this weekend.

What will be accepted:

• Yard waste: $15 per load.  Metro is not accepting yard debris this year, but Wood Waste Management on NE 47th has offered to waive their fee.  NO HOUSEHOLD GARBAGE.
•  REUSE area will be available again this year, these are household goods too good to throw away – so drop off or pick up something great at the clean-up event… what better form of recycling!
• Other items that will be excepted: scrap wood, metal and tires ($2 per tire)

Please sort your loads prior to help with unloading.  They will not be accepting paint, batteries, chemicals, light bulbs, sod, dirt, lathe & plaster – these items can all be taken to METRO (FREE of charge).

If this Saturday doesn’t work for you (because you’re attending the AHC events ) – there is one more Clean Up scheduled for Woodlawn on May 29th from 9 am to 1 pm.  Drop site: 6360 NE MLK Blvd.

Have a great weekend!

~Kori

Get Out This Weekend – Two Great Programs from the AHC

Both Events Take Place Saturday May 22, 2010

 

SPECIAL EVENT!

The Fox’s Lady: Holistic Weatherization Meets Historic Preservation

9:oo am to 4:00 pm (open house style event)

Admission is FREE with a suggested donation

5915 NE Rodney

Portland, OR 97217

 

No pre-registration is required for this event.  Guided tours will be given throughout the day.  Due to space constraints, each tour is limited to a maximum of 40 people and is a first-come first-serve basis. 

This event is supported by: EcoTech LLC, Energy Trust of Oregon, Clean Energy Works Portland, Oregon State Historic Preservation Office, National Trust for Historic Preservation

Lost Oregon - 10:00 am to 11:30 am
Members: $13   General Public $18
701 SE Grand Avenue
Portland, OR 97214

Lost Oregonlooks at a selection of resources from Oregon’s now-vanished built environment.  In the past 250 years, Oregonians have built, and then lost, many remarkable structures, from Chinook longhouses to the Capital Building, from nabob’s mansions to towering wooden trestles.  Wood, our most common construction material, is cheap and adaptable; it also burns well and rots easily.  Social and economic fluctuations have also driven changes in the built environment, as railroad trestles were superseded by freeway ramps, and country churches gave way to trail courts.

Historian, Richard Engeman is the author of Wood Beams and Railroad Ties: The History of Oregon’s Built Environment (Oregon Historical Society, 2005; online at www.ohs.org) and The Oregon Companion: a Historical Gazetteer of the Useful, the Curious, and the Arcane (Timber Press, 2009).

Pre-registration is strongly suggested – visit the AHC online at www.VisitAHC.org or call the front desk at 503-231-7264.  

Have a great weekend!

~Kori   

RMLS Market Action – April 2010

Well, the stats are out for April and it looks like another great month – closed sales were up 49.1% when compared to April 2009 and pending sales were up 23.8% for the same period.  Inventory levels decreased – that’s a decreasing number we like to see – at least until we get to around 6 months of inventory, currently at 7.2 months.  While closes sales increased substantially, values were down 3.1% when compared to April of last year.

I will be interested to see what happens with May’s numbers.  The market up to April 30, 2010 was largely driven by the first time homebuyers and the tax credit which is why I believe we saw such a substaintual increase in closed and pending transactions (remember, buyers just needed to be under contract by April 30th – close by June 30th).  I think May will have a decent number of closings but down from April – ditto for June - and we will see a sharp decline in pending transactions in the coming months which by July will result in a decline in closed transactions as well.

All that being said, if rates remain low and confidence in the market continues to rise, I think we will see an uptick in the average sales price.  Remember, with an average, there are highs and lows.  With the market being dominated by the first time buyer for the past six months we have seen values soften simply due to their price range (and the limitation on income per the tax credit which limited the first time buyer to a home less than $300,000 on average).

I think the next few months will be very interesting.  As I said, rates are still at record lows but they cannot remain there forever and consumer confidence is on the rise.  When we see confidence return to all markets (retail, stock, housing, etc) we will also see an increase in interest rates.  It’s simple cost vs. demand economics. 

We saw an increase in new building projects in April (5.8% increase – the highest since October 2008) - shoot, my neighborhood (Vernon/Alberta Arts) alone has half a dozen to a dozen new homes going up within a 5 block radius.  On the flip side, new building permits fell sharply in April signaling builders are a little hesitant; however, a survey done by the National Association of Home Builders said its housing index, which ranks industry confidence, rose three points in May, the highest ranking since August 2007.

We are starting to see a shift in the market.  Unlike the early-to-mid 2000’s, where we saw home values increase rapidly, I think the recovery will be slow but fairly steady, creating a much more stable market and overall economy.  I’m looking forward to the next few months because I believe there is great opportunity in the real estate market in Portland but I do believe we are seeing the market turn the corner – at least in some areas of town.  I’ve spoke about this website before, but here is a link where you can look up property values by zip code (within Portland).  The same zip I used before – 97213 (close-in NE neighborhood) – shows values inching their way back up to 2006 levels.  It’s not rapid but it’s happening and will continue to show improvement over the next several months.

~Kori

Tips on choosing paint colors

This article came across my desk today and I thought I’d share because I’ve been in the predicament myself.  We have been “planning” to paint our house for YEARS… literally, years.  Both interior and exterior.  In the three years that we’ve been in our house – we have gotten the bathroom painted.  Last year, we decided we couldn’t wait any longer for the exterior but by the time we picked our colors it was September and needless to said, we got the house primed just prior to the winter rains coming.  We’ve lived with a pok-a-dotted house all winter and I can’t wait to finally paint! 

For those of you who are also planning those “easy” cosmentic projects around the house (I say “easy” because it’s not that easy and the hardest part is picking the color) here’s a few tips to get you started.

PAINT IT – from the Washington Post, May 6, 2010, by: Jura Koncius
Architect Adam McGraw and wife Eliza McGraw, a writer who sometimes reports on design, are fearless when it comes to choosing paint colors. Here is their philosophy on paints and some practical advice on selecting colors yourself.

• Find colors from your past that inspire you. The McGraws drew from their childhood rooms and every other place they’ve lived in for the paint colors for their bungalow in the Palisades. Your muse could be a favorite restaurant or a friend’s living room. Go to open houses in your neighborhood to help narrow your selections.
• Choose trim color carefully. There are hundreds of shades of white. The McGraws go-to trim paint is Atrium White by Benjamin Moore, a clean, crisp pick.
• Never believe you can settle on a color just from a paint chip. Buy a quart or small pot and paint broad swaths of color, inspecting them in sunlight and lamplight. The McGraws test paints in three places in a room before they commit: opposite windows, next to windows and going down both sides of a corner.
• Try a strong color in your kitchen. It’s a good place to make a color statement because the wall space you need to paint is usually very small due to cabinets and appliances. A bold color with white trim frames everything.
• Get over your fear of fan decks. If you find Benjamin Moore’s Color Preview fan of 1,621 colors overwhelming, go with a brand that has culled selections to a more manageable palette: Farrow & Ball, Restoration Hardware or Stark Paint. Or just stick with Benjamin Moore Historical Colors, 174 timeless shades inspired by 18th- and 19th-century interiors and architecture.

This article really promotes Benjamin Moore paints; however, here in Portland, we have a great alternative resource that is both frugal and environmentally friendly – check out METRO recycled paints.  Little tip: ask to see their “book” of expanded color choices just make sure that when you do decide on a color – get all the paint you need and a little extra because the next batch most likely will not match exactly.

Happy Painting!

~Kori