173 SE 44th Way Hillsboro, OR 97123

Looking for your perfect starter home? Or are you looking to downsize? I think we have a great listing to fit your lifestyle. 173 SE 44th Way in Hillsboro is an excellent house, with modern finishes and a comfortable ambiance.Front

Located in a quiet neighborhood in Hillsboro, this location gives you the comforts of living in the suburbs and convenience of being in close proximity to the major freeways. The property is near Highway 26 making trips to downtown Portland smooth and easy.  Hillsboro also is home to Intel and Nike as well as many other large corporations. The Streets of Tanasbourne are nearby if you want to go on a quick shopping excursion. The area also has with many grocery stores, Target, banks and restaurants to enjoy.

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Community features to the property include a wonderful children’s play structure perfect for little ones to run around on. It is also located in a quiet neighborhood with excellent schools close by .

Kitchen 2 This house features a one car garage and large driveway perfect for guest parking. Inside you’ll find an open concept layout that flows  very nicely. The family room features a warm fireplace perfect for entertaining or watching your favorite late night TV shows. The kitchen is a few steps away making it perfect for entertaining. Stainless steel appliances, wood countertops, and classic white cupboards make this kitchen feel pleasant and contemporary. A large dining room is found right off of the kitchen, great for weekday meals and intimate dinner parties.

Upstairs amenities include a large loft with plenty of space, 2 spacious bedrooms and a large bathroom. A vaulted master suite with on suite bathroom is an ideal retreat. The master bedroom also has a big walk in closet great for storage. Outside the house you’ll find a sizeable patio appropriate for  potted plants and small gardening.Play Structure

Thinking this home fits your lifestyle? Ready to take a private home tour? Please give us a call today at The Portland Lifestyle Team! We would be happy to help make this property yours!

If you are looking for the best of both Worlds in the Portland area, Hillsboro is the spot for you. Hillsboro is Beaverton’s next-door neighborDSC_4917. It boasts wineries, farms, and easy highway access. As Oregon’s 5th largest city, with a population of 95,327, the city is no small town. Yet, the area gives you the appeal of country living. Intel made their home in Hillsboro, and the city is close to Nike Inc. In five minutes you can drive onto Highway 26 and go right into downtown Portland for shopping and gourmet cuisine. Many wineries find their home in Hillsboro such as Abbey Creek and Oak Knoll. These attractions add to Hillsboro’s beautiful scenery. A number of Farms and Famer’s Markets also outline the area. The famous Little People Big World Farm, located in Hillsboro, has cars lined up around the corner for their annual Halloween Pumpkin Patch. Hillsboro is filled with large parks and a great school system for children. Interested in calling Hillsboro your home? Is this matching up with your Lifestyle? We have the perfect house that will knock your socks off.

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DSC_4935This Spectacular house is located in the very desirable Jackson School neighborhood in Hillsboro. Stationed in a quiet cul-de-sac, this location makes for safe play and peaceful evenings. With navy blue shutters and an adorable front porch this is a dream house for those looking for something cozy and inviting. Inside you’ll find a great floor plan that is very accessible. The kitchen has been updated with stainless steel appliances, subway tile, and slab granite counter tops. New paint throughout the house and baseboard trim gives it appealing character. Upstairs are three spacious bedrooms along with a Master Suite with an on suite bathroom. A large utility room is also upstairs along with another well sized bathroom. Outside you’ll find a large retreat. A great patio makes for excellent outdoor entertaining, and a fenced yard makes the property gives you security. This house is spacious, warm and in an ideal area.  It is a modern dwelling in an area where you can stretch out and grow.

One of the things the Portland Lifestyle Team provides with all of their listings is a unique “Lifestyle Map”. It’s important that the potential buyer of this property understands what is going on around their dream home and its thru providing this map that we are able to meet that need.DSC_4956

I’m sure your asking yourself, this sounds ideal but how much is this going to cost me? You’re in luck, this house is a steal. In a great neighborhood, on a quiet cul-de-sac, with lots of space and easy freeway access this home is priced at $279,900. For that price you are getting all the great amenities of an updated house, complete with a large backyard and in a picture perfect area. Are you ready to take a look at this house?  Want to take a private tour? Call us at 503-547-7437 we would be happy to make this house your home.

 

 

The city of Lake Oswego Oregon sits just 9 miles south of Oregon’s largest city, Portland Oregon. LO as its often referred to, covers a little more than 11 square  miles and touches 3 different Oregon Counties: Clackamas, Multnomah and Washington. In 2012 the population of this mostly quiet little suburb totaled 37,243. Hmm, really not that small. Points you might find interesting here are Oswego Lake, The Marylhurst Art Gym and Mary S. Young State Recreation Area.  Believe it or not its also the home of  the Northwest Nanny Institute, so if you have the goal of becoming a professional Nanny, well this is the place you want to be and Lake Oswego real estate is what you want to see!

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The Portland Lifestyle Team placed another home on the market today and it’s located right here is this popular city! Located at 1228 Hallinan Circle, this gorgeous remodeled home was built in 1968 and is AVR401701932 square feet in size. The home has 3 spacious Bedrooms and 2 full baths and sits on over 1/3 acre, adjacent to Freepons Park which is a fabulous location to take a peaceful evening stroll. The AVR40239Kitchen of this home has been completely remodeled with cherry cabinets, granite counters, glass tile backsplash, stainless appliances, gas cooking, hardwood floors and a very cool “farmers” sink. A second eating area sits at one end providing that comfortable, Breakfast Nook experience. Sitting next to this designer Kitchen is the bright, light filled Living Room, Dining Room combination. Expansive hardwood floors give what is really the entire main level that feel of quality. Picture yourself relaxing in this area of the home, enjoying the gas fireplace while you gaze out the picture window into the “park-like” backyard.

This home is a functional tri-level which is basically a half flight up and a half flight down from the large, hardwood Entry. The upper section is where you find those 3 spacious Bedrooms and large full bath boasting a lengthy tile counter which holds 2 separate sinks.

A half flight down from the main level is a huge 12 X 24 Family Room that is outfitted with a warm gas fireplace, laminate flooring and a sliding door taking you to a covered patio area, wired for that small hot tub that you can run down and pick up AVR40262from Costco. Additional features of this lower level is the “Spa” Bathroom with tile floor, granite counter, jetted tub with beautiful tile surround. And don’t for a moment believe you will be cold as you exit the tub because there will be warm towel awaiting you which was prepared on the heated towel rack attached to the wall. I’m telling you, you are going to love it! Right outside this magnificent spa Bathroom is a large Utility Room that gives you enough space to wash, iron and hang clothes, leaving room to spare. Image 1-16-14 at 12.17 PM

The back yard is AMAZING! You will enjoy your warm summer Bar-B-Ques on the expansive deck that overlooks this wonderful backyard. There is so much room here you won’t know what to do with yourself. Do you want a large vegetable garden? Well there is more than enough room here for it. Maybe you want to sit by your very own fire pit while you soak in a starry night, well thats here also!

One of the things the Portland Lifestyle Team provides with all of their listings is a unique “Lifestyle Map”. It’s important that the potential buyer of this property understands what is going on around their dream home and its thru providing this map that we are able to meet that need.

So now you are wondering, “how much?” Well sit down and get prepared! This fantastic property, located in sought after Lake Oswego Oregon is being offered at $425,000! Give us a call at 503-718-8900 to schedule a private showing! We would love to demonstrate our Red Carpet Service and make your next home purchase one you will never forget!

 

When the real estate market tanked beginning in 2007,  many homeowners found themselves underwater with their mortgages. The first wave was the infamous “bad loans” that were typically adjustable rate mortgages which started very low but quickly adjusted up making payments a huge burden for many homeowners. Confronted with high mortgageScreen Shot 2014-01-15 at 9.17.50 PM payments and declining home values, many people were caught in stressful situations wondering how they would continue to make their mortgage obligations. The second wave hit in 2010, the result of the downturn in the economy and resulting job losses. It can be difficult to make your house payment when you have lost your job.

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As a result of this tidal wave sized shift, many homeowners had no alternative but to look for a way to get out of their home. With foreclosure staring them in the eye, the only real option they had if they didn’t want to wreak havoc on their long term financial status, was to attempt a Short Sale of their property.

With the execution of a short sale, a restructure of mortgage debt or even foreclosure, comes something known as debt forgiveness.  Basically in a short sale, the banks is agreeing to settle for less than what is owed when a home closes escrow. From an IRS point of view, debt forgiveness of this nature is also viewed as income to the seller. After all, the bank is writing off the debt and the seller is no longer responsible, as long as the bank does not take recourse against them. The size of these shortfalls in some cases were huge. One short sale I facilitated in 2010 saw the bank forgiving over $200,000. Without the Mortgage Forgiveness Debt Relief Act, that $200,000 was taxable income which if you had lost your job, became an obligation many had no ability to pay. The original act was to last 3 years and expire in 2009. As we all certainly remember, the economic chaos continued for quit some time and as home values continued to decrease nationwide, more and more people found themselves caught in this destructive tornado. To ease the nations pain, Congress decided to extend the expiration of the Act 3 more times.

So here is the rub. The last extension was to January 1st 2014. As of this moment, the Debt Forgiveness Act has not been extended for a 4th time, so debt forgiveness from the point of view of the IRS, is no longer. What does that mean to a homeowner closing the sale of their home tomorrow where the bank may be agreeing to accept $50,000 less than what is owed? What it matter of fact means is when they file their 2014 retun next year, they will then have a $50,000 gain to account for in their income taxes. Many of todays sellers may not understand that and find themselves in a difficult predicament when they get to that moment.

Will the Act get extended for a 4th time? Today that is an unknown. The topic is being discussed in Washington but the energy is not what it once was. That may be because we are now seeing home values go up in many areas of the country.  Home appreciation in Portland Oregon as an example has been 12.7% over the past 12 months, according to S&P/Case Shiller. If you are in this situation today, hopefully your Realtor is encouraging you to check with your Accountant to see what impacts you should expect.

 

 

Oregon is becoming a hotspot for those looking to settle down and was the number 1 destination for people moving between states last year. According to a CNN Money article “More than 61% of all interstate moves made in Oregon were for people coming to live in the state.” Oregon even surpassed Washington D.C. to take the top spot. The major reason for the shift isn’t necessarily about jobs or weather but about the Portland Lifestyle. Oregon and Portland in particular, offer a laid back, environmentally friendly, active way of life. Our state offers great scenery, affordable public transportation, an emphasis on living green as well as delicious restaurants and a vibrant nightlife. Portland is becoming the city for millennials wanting to be a part of the “Portlandia” vibe (yes, it’s also where young people go to retire!) and baby boomers looking to slow down.  A booming wine industry, tons of recreational activities and beautiful scenic areas add to the appeal of Portland and the Portland Lifestyle. The lower cost of Portland real estate and living in Portland vs. Los Angles or San Francisco is also an advantage to living in the area. “The median price for a single-family home in Portland, for example, is $265,000 according to RMLS. In San Francisco, it’s $881,000 and in Los Angeles, $481,000 according to Zillow” CNN Money.

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What does this mean for the housing industry? Well first, it is attracting more potential buyers to the Portland area. This means it is a great market for sellers because of a multitude of buyers combined with a lower supply. While this does mean there is more competition for buyers this also tells us now is the right time to buy. With more people settling down here now, the numbers are only going to increase as time goes on. Whether you are looking to list your home or are a first time buyer who wants to become a home owner, please give us a call or shoot us an email here at the Portland Lifestyle Team. If you are out of state and wanting to look for a home in Portland, we would be happy to give you more information on housing in the area. We are happy to assist you finding YOUR Portland Lifestyle!

IMG_2685Portland Oregon has a population of more than 600,000 people with total households exceeding 250,000. Its a city with a homeownership rate exceeding 64% which brings us to approximately number 42 of the top 75 cities in the Untied States. And its an active real estate market also. So far in 2013, the greater Portland area has transacted more than 1830 residential homes and condominium units which is about 16% higher than we saw in 2011. Things are getting better, but that isn’t really what this blog post is about.

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Yes, Portland is a beautiful and livable city and ranks high as a sought after place to live. However we have our issues as well, just as any city does. For instance, our unemployment rate is currently running around 6.5%, about .5% below the national average. After all, the TV show Portlandia which runs on the Independent Film Channel calls Portland the city where young people come to retire. What goes hand in hand with higher unemployment levels, under employment, the high cost of food, utilities, gas, rent and other contributing factors is hunger. People on fixed incomes have to make choices and in typical situations having a roof over your head and gas in the car can many times come before putting food on the table. IMG_2691Thus the need for emergency food that the Oregon Food Bank distributes annually with over 1 million food boxes throughout Oregon and Southwest Washington. These boxes feed over 270,000 people, of which 92,000 are children. What is further staggering is that food box distribution has grown by 41% since the beginning of the great recession of 2008!

The Portland Lifestyle Team went into the Christmas season this year looking for a way to give back to our community. Realtors in Portland Oregon have largely been know for giving back. Giving back can come in many forms and while it is easy at times to simply write a check, sometimes giving back with your time can be even more valuable and rewarding. Today the whole team took their afternoon, away from what is really a pretty busy real estate market, and we refocused our time and attention to packing food boxes at the Oregon Food Bank facility in Beaverton Oregon. In the Food Banks own words, volunteers are critical to the OFB’s mission to eliminate hunger and its root causes. IMG_2703The time spent was amazing and fulfilling. The 3 hour shift went by as if it were minutes and collectively as a larger team, we packaged over 16,000 pounds of food which accounted for almost 14,000 meals for hungry families. Not a bad job for 3 hours! And, not that we need to be competitive, but these numbers were about 40% higher than the morning shift today!

So as we navigate the remainder of this holiday season, remember that while many of us are pushing our way thru the mall, looking for that perfect present that Uncle Frank really doesn’t need, that there are hungry people out there. In the words of the immortal Forrest Gump, “Thats all I have to say about that”.