Gorgeous Home – Stunning Dolph Park Oasis

Posted on July 13, 2018October 31, 2019 by Aryne + Dulcinea

2223 NE 32nd Ave | $1,040,000

We’ve improved the price of this masterful Dolph Park home! Light-filled formal living and dining rooms with classic features – French doors, natural wood trim, fireplace. Tastefully updated kitchen, and hardwood floors throughout. A grand family room with floor to ceiling windows and doors take you out to a lush and tranquil Rose Keane designed garden space. Upstairs you’ll find the newly remodeled master suite, 3 additional bedrooms, and a second bath. Seismically retrofitted with radon mitigation system and solar panels. Stroll to nearby parks and shops from this dreamy location.

See more information here.

The Market in Focus: The Impact of Automation and Big Data on Mortgage Underwriting

Posted on July 10, 2018October 31, 2019 by Aryne + Dulcinea

By Aaron Nawrocki, Capital M Lending

It’s hard to believe that 2008 was 10 years ago. Portland home values have risen dramatically since then and our real estate market is robust. In the mortgage industry, we are still dealing with the fallout from the bubble of the early 2000s, but the recent wave of new financial technology is showcasing the impact of automation and big data on mortgage underwriting

When default rates rose, investors (and Fannie Mae) rightly reexamined loans in their portfolios for fraud and errors. If they could document fraud or underwriting mistakes, they could force the lender to buy the mortgage loan back and avoid taking a loss themselves. Fraud, such as falsified income or asset documentation, was rare, but underwriting errors were more common. The error could be inaccurately calculated qualifying income, or something as simple as a mistyped street address on the appraisal. In difficult times, investors were looking for any reason to avoid a potential loss. This led to significant losses for lenders and structural changes in how loans were underwritten.

Changes in underwriting

If you took out a mortgage in 2010, you know the result – incredible scrutiny and conservatism. As lenders sought to eliminate errors and outright fraud, multiple levels of re-checking were introduced. Underwriters were verifying the source of $100 deposits, asking for multiple explanation letters – this often led to long loan processing times and missed closing dates. For the lenders, it led to dramatically higher costs. The extra people required to meet new regulatory requirements and avoid buybacks increased costs of production by up to 50%.

Income, assets and credit are relatively easy to quantify, and fewer of the buybacks were related to problems in that area. Appraisals involve more judgment on the part of the appraiser and are more of a gray area. Lenders have less control over the appraisal process and were naturally concerned about exposure in another downturn. Fannie Mae and other investors fear overvaluations and errors that could lead to more losses in another downturn.

Big data to the rescue

Beginning in 2010, FNMA introduced a uniform data set for appraisals, allowing them to build a super database of property sales. From here, we began to see the the impact of automation and big data on mortgage underwriting processes. Every Fannie Mae loan’s appraisal becomes a part of this data set. Their automated system, Collateral Underwriter, is an audit checker that reconciles individual appraisals to the data set and checks it for validity and potential errors. Once the appraisal has been through this filter successfully, the lender is no longer responsible for the appraisal’s accuracy. In essence, FNMA is validating the appraisal to reduce their own risk, and the lender gets relief from future liability.

Beginning in 2016, Fannie Mae introduced a system for direct verification of income and assets. Rather than getting the income and asset information from the borrower and then validating it, FNMA now offers a system of automated income and asset validation. The borrowers’ employment and asset information are input and through Fannie’s automated underwriting process, employment and assets are verified directly with the employer and bank. This is the basis of Rocket Mortgage^TMand other automated systems. Currently, the system will only work on a small percentage of mortgage applications. Not all employers subscribe to the employment database FNMA uses and not all banks offer direct verification. There’s also some consumer resistance (due to privacy issues) to allowing lenders to gather information from buyers’ employers and banks directly.

For now, most mortgages are closed with direct, personal involvement of underwriters, document drawers and quality control personnel. While limited data access has prevented a sea change in the mortgage process, most lenders utilize automated validation systems to reduce fraud, errors, cost and expense. These processes are mostly invisible to borrowers, but do contribute to a smoother, quicker loan process. Will we see a time when all data is aggregated electronically and mortgages close in two weeks? Probably not – the history of the mortgage business is one of pendular changes between efficiency and losses. We’re currently swinging from triple checking everything to making the process easier and cheaper. We won’t know if this is the right path until the next crash – but the impact of automation and big data on mortgage underwriting underscore the importance of transparency. For now, look forward to a smoother, quicker, more reliable process, but keep your paystubs handy, just in case.

Aaron Nawrocki has over 20 years of direct experience overseeing mortgage and loan processes, working to provide clients the market insight and lending expertise required to make informed decisions.

A Perfect Day, Vol. 3: Portland’s Sabin Neighborhood

Posted on July 2, 2018October 31, 2019 by Aryne + Dulcinea

Since the 1880s, the area now recognized as Portland’s Sabin neighborhood has undergone several socio-economical shifts. Beginning in the late 19^thcentury, workers immigrating from Europe and Russia settled the area in pursuit of farming and factory work. This created tight-knit communities of immigrant populations near present-day Martin Luther King Boulevard, formerly Union Avenue. Following the devastating Vanport flood, many of the 17,500 individuals left without homes sought refuge in Portland’s northeast quadrant. As one of few areas unimpacted by exclusionary redlining practices, Sabin became a haven for black families and displaced individuals. Another demographic shift occurred in the 1990s, when a new wave of homeowners began moving to the area. Today, Sabin is notable for being one of Portland’s most culturally and economically diverse areas, maintaining its heart as an inclusive and community-focused district.

MORNING

One of the major perks of Portland’s Sabin neighborhood is its many outdoor attractions, so plan your adventure for a day that’s neither too wet or too hot. In starting your tour of Sabin, you have a couple of options. To enjoy a more traditional sit-down breakfast, head over NE 14^th & NE Fremont, where you’ll find neighborhood staple, Caffe Destino. For something lighter, park near NE 15^th& NE Prescott and head to VilleVelo Bake Shop for their exceptional selection of baked goods, which pair perfectly with the artisan beverages and pour overs from Extracto Coffeehouse.

After you have effectively fueled up, it’s time to partake in one of Sabin’s famous pastimes – a self-guided walking tour of the area’s bee-friendly gardens. Participating residential gardens are scattered throughout the neighborhood, so visitors are welcome to begin their tour at any point. These gardens can be identified on the map, and a comprehensive list can be viewed on the neighborhood association’s website. Get more insight into the nearly 30 gardens by following along with the audio track, which can be streamed by calling (503) 205-0326. Enter the garden “stop number,” which can be found at the garden location or on the list, and enjoy learning more about the gardens from the owner’s perspective.

AFTERNOON

Along your self-guided tour, you’ll happen across some hidden gems that illustrate the tight-knit aspet of the Sabin area, such as the Sabin Community Orchard and Sabin’s charming HydroPark. If you’re the type to plan ahead, aim to reach Sabin’s HydroPark around midday. This iconic park features two prominent water towers. Operated by the Water Bureau, Portland’s HydroPark program utilized the area surrounding the infrastructure to create a community greenspace. Here, you can soak in combination of industrial and natural beauty beneath the shade of old growth trees. Additionally, the facility is home to water-based activities and the local community garden.

Near the park is Pok Pok Noi, an offshoot of national acclaimed thai restaurant, Pok Pok, the Noi location offers up delicious cuisine in an intimate environment. The selection of small plates and refreshing cocktails make the perfect midday meal. For a hands-on activity, head a few blocks south from Pok Pok Noi to reach Bird’s Eye View, a local gallery and art school, where you can partake in a wide range of creative endeavors.

EVENING

Primarily a residential area, Sabin quiets during the later hours of day. Its low-key vibe is meant to throw you off, as the neighborhood is actually home to a selection of Portland’s best-kept culinary secrets. Among these gems are established creole-inspired bistro, Acadia; contemporary, French-inspired Verdigris Restaurant; and the popular local hub, Mojos Sushi. Along this stretch of Fremont, you can also find some Old Portland dive bars. We suggest rounding out the evening at one the remaining Old Portland-style bars located along NE Fremont, which include Daddy Mojo’s Cafe and County Cork Public House.

What does your perfect day in Portland’s Sabin neighborhood entail?

Opportunity Beckons!

Posted on June 29, 2018October 31, 2019 by Aryne + Dulcinea

2134 NE 45th Ave, Portland, OR 97213 – $539,000

NEW PRICE!!! Remodel this charming cosmetic fixer and make it shine! This light filled bungalow has been home to the sellers for over 4 decades. The living & dining rooms are bright and open and the large kitchen has French doors that lead to the back deck and private yard. Four bedrooms and 1.1 baths, an expansive basement with a separate entrance, storage galore and a hidden bonus space! Excellent city wide access. Walk, bike or ride to Hollywood Theatre, Whole Foods, Fred Meyer, Grant Park, Multnomah County Library, Hollywood Farmer’s Market, cafes, & more. EASY TO SHOW!

SEE MORE HERE

Pro Tip: Is Real Estate in Portland a Buyer’s or Seller’s Market?

Posted on June 27, 2018October 31, 2019 by Aryne + Dulcinea

Portland’s real estate market has been known to escalate into red-hot periods of competition for buyers. With homes earning upwards of 15 offers during peak times, many prospective homeowners have been eager for a market slowdown. With fewer homes on the market, can we expect another sizzling stretch, or will Portland finally experience a cooling period?

UNDERSTANDING A SELLER’S MARKET

In a market where demand is larger than supply, sellers ultimately yield more power in real estate transactions. In these markets, buyers end up spending more for the homes they want, and multiple offers can drive home prices on a regional scale.

UNDERSTANDING A BUYER’S MARKET

When the coin is flipped, an over-supply of listed homes reduces the scope of competing offers, granting more control to the buyer-side of the real estate market. Sellers may have to take on restorative or staging measures to entice buyers, and buyers have the power to underbid on properties.

IS PORTLAND A BUYER’S OR SELLER’S MARKET?

In May 2018, Portland homes sold in an average of 37 days from listing to close, indicating a high degree of demand for properties in Portland. Average home prices also reflect this level of demand, as median home prices have increased 5.4% over the previous year. These metrics would suggest that the scales favor sellers; however, price growth has also slowed city-wide.

Rising mortgage rates may also be a contributing factor to a cooling market, but buyer’s don’t have the upper hand just yet. First-time home buyers are particularly sensitive to current marketplace trends, considering homes priced under $400,000 are significantly more competitive than more expensive properties.

PRO TIP: HOW TO NAVIGATE THESE MARKETS

More than any other factor, a lack of inventory seems to be the biggest influencer in determining a buyer’s or seller’s market. Oregon Live defines a balanced market as one where home inventory turnover spans approximately six-months. With only enough real estate supply to span two-months, Portland falls far below that benchmark – a dynamic that will continue to drive home prices upward in Portland.

Given the drop in the market, both sellers and prospective buyers will need to be intentional in their realty strategy. Sellers should be aware of being aggressive in marketing their homes, as pricing their homes too high many backfire in a slowed market. Buyers should monitor inventory, starting their search during periods of higher home supply to reduce the likelihood of bidding wars. This is especially prevalent in fast-growing cities such as Portland. A buyer’s or seller’s market can have major ramifications on housing transactions, so it’s important to have a thorough understanding of market trends. For more insight into the Portland realty market, contact your local real estate mavens, Aryne + Dulcinea!

Beautiful Alberta Arts!

Posted on June 22, 2018October 31, 2019 by Aryne + Dulcinea

Beautiful Alberta Arts full of exquisite architectural elements! This grand home boasts formal living and dining rooms, a large updated kitchen, full bathroom, and family room on the main. Three large bedrooms, full bathroom, breezeway and laundry upstairs. This home is flooded with light and gleaming hardwood floors throughout. Basement is partially finished with one bedroom plus a bonus room and is spacious with high ceilings and wonderful ADU potential. Large and newly landscaped backyard complete with deck and patio. A walker’s paradise with a score of 91 and a bike score of 81— get to everything with ease. Move in and enjoy!

Want to see more? Click here.

Shop Talk Vol. 3: Is Landscaping Worth the Investment?

Posted on June 20, 2018July 29, 2024 by Aryne + Dulcinea

The concept of curb appeal has exploded over the last decade, with hit renovation and real estate shows drawing more attention to a home’s exterior charm. But is ponying up the cash for professional landscaping services really worth the cost?

An investigation by The Washington Post revealed the complexities of pinpointing a specific percentage or dollar amount sellers can expect to yield from their investment. Some sources cited a minimum return on investment beginning at 150%, while others declare an approximate increase in home value ranging from 5% – 20%. Though the figures may be up for debate, the consensus is clear: landscaping is worth the investment, as it is likely to increase perceived home value. To ensure the greatest return on your landscaping efforts, be sure to take these factors into consideration:

Define your budget

Setting your budget will help establish the scope of your project. One of the great benefits of landscaping projects is that they can be effective with limited cost, especially if you’re willing to put in hard labor. Individuals on a limited budget should focus on the front of the house and designated yard areas, clearing unkempt areas and bringing in aspects of color by way of flowering annuals and striking perennials. More extensive project budgets can be used to hire professional landscaping services to create your ideal yard space.

Keep it tasteful

While investing in the exterior of your home will enhance marketability, strategy is key if you want to yield impressive returns. Sellers should be sure that their landscaping blueprints are in line with current trends. Similarly, owners should be aware that less is not always more in the case of landscape design. Landscaping that is viewed as too high-maintenance may actually be a turn-off to many potential buyers. Ask Aryne + Dulcinea for their assistance in selecting a landscaping professional, so you can ensure your future yard is in alignment with your home’s architectural style and modern design practices.

Think long-term

When it comes to landscaping, sustainability is a huge selling point. In addition to reducing your carbon footprint, creating an outdoor space that is self-maintained reduces the extent of labor and cost for your home’s future owners.

Investing in your home’s exterior space can be a huge draw for potential buyers, and a well-tended yard can increase the likelihood of buyers setting up a home tour. In making improvements to your outdoor space, seek to create a space that works well in your climate and adheres to current trends. To get a better sense of what buyers in the market are looking for, speak with Aryne + Dulcinea, who can provide you with the professional landscaping services to elevate your outdoor space and maximize your investment!

builder’s delight in cully

Posted on June 14, 2018October 31, 2019 by Aryne + Dulcinea

6225 NE Emerson St, Portland, OR – $175,000

Your slice of Portland awaits! New lot to front NE 62nd and measure 50′ south from northern edge of current property and 116′ east from NE 62nd. Buyer to do due diligence on remaining items, including extension of water main, and finish PLA/Lot Con prior to close. Bring your vision to this large, level NE PDX lot. 60 walk score and 83 Bike score, walk or bike to Beeswing, Pizza Jerk, and Kʰunamokwst Park.

Curb Appeal Vol. 4: Portland Neighborhood Spotlight – King

Posted on June 14, 2018October 31, 2019 by Aryne + Dulcinea

THE HISTORY:

Portland’s King Neighborhood serves as a prime example of the complicated social history that permeates Oregon. Once a designated district for redlining, professional organizations would penalize REALTORS® for selling homes to African-Americans outside of the district. Consequently, King has served as a cultural hub for Portland’s black community for many decades and still maintains a distinct population of socially-minded and multi-cultural residents.

THE MARKET:

Portland’s King Neighborhood has demonstrated steady growth in the real estate market for nearly a decade. The area features an eclectic collections of home styles, ranging from craftsman to modern varieties. The diverse home composition adds to King’s charm, which serves as a major drawer for home buyers. This area projected to experience rapid market growth in the coming years, and Portland Monthly anticipates a 5-year median price change of 51.1%. Home to over 6,500 people, 50% of King residents own their homes.

WHAT WE LOVE ABOUT KING:

This is our stopping ground! We love living and working in this neighborhood. Located along a prominent throughway, King provides direct access to several of Portland’s prominent eateries and neighboring districts. Its centrally-located nature makes it one of the best neighborhoods to commute from, earning a Walk Score of 90 and a bike score of 98. Of course, residents don’t need to commute far to have most of their needs met. Portland’s King Neighborhood has over 125 restaurants, and individuals can walk to an average of 7 restaurants, bars and coffee shops within 5 minutes.

NEARBY DESTINATIONS:

Food: Ned Ludd, Gojo Ethiopian Restaurant, Bamboo Sushi, Tin Shed
Activities: King Farmer’s Market, Alberta Street Pub, Curious Comedy
Local Business: Living Room Realty – Office of Aryne + Dulcinea (Come on in and say hi!), Frock Boutique, Country Financial, Modern Domestic, Terrell Brandon Barbershop

DEMOGRAPHICS (2010 CENSUS)

Residents: 6,149
Median Age: 32.8
Under 18 years: 18.4%
18 to 64 years: 75.9%
65 years and over: 6.7%

COMPARABLE NEIGHBORHOODS:

Buckman
Average Home: $556,000

Kerns
Average Home: $538,800

Sabin
Average Home: $752,097

For more insight into neighborhood trends within Northeast Portland, view our comprehensive real estate data set below.

ABOUT US

Portland, Oregon is a quirky, intelligent, and a design oriented city with a love of all things local. And for Aryne + Dulcinea, Portland is home! In 2012, Aryne and Dulcinea saw an opportunity to turn their passion for Portland and living well into an optimal client experience. By joining both their creative and technical talents, they have developed a unique and holistic experience that is rooted in their commitment to service. Aryne + Dulcinea are Earth Advantage Brokers and ADU Certified Specialists and with over 15 years combined experience, take pride in their knowledge of versatile work/live spaces, green building, and high performing homes. Whether you are outgrowing your home, needing to pare down, ready to own more than one property, or just wanting another view out your window — they get it!

The Market in Focus: Higher Portland Home Prices, Smaller Down Payments

Posted on June 4, 2018October 31, 2019 by Aryne + Dulcinea

By Aaron Nawrocki, Capital M Lending

Portland home prices have been climbing consistently this decade, and there’s a lot of “bubble” talk these days. If you had to name the two defining changes in the Portland mortgage market over the last eight years, they would be higher sales prices and smaller down payments. Portland has traditionally had a strong real estate market, even in downturns, but Portland down payment amounts are decreasing. Historically, sales prices and loan amounts rose in lockstep. As Portlanders moved up, they took the equity from their sale and put it down on the new purchase. Portland incomes have traditionally been lower than other places on the west coast and Portlanders needed lower monthly payments. Larger down payments kept the monthly payment affordable and limited the growth in prices.

Now that Portland is the it city on the west coast, the connection between down payment and sales price has changed. More buyers are moving here from other locations, bringing their well-paying jobs with them. They’re younger, make more money, can afford higher monthly mortgage payments, and are putting less down. Accelerating the shifting dynamic is the increasing availability of small down payments paired with large loan amount mortgage. This trend has pundits worried we may be headed for trouble. Small down payments mean banks have a smaller cushion in case of default, and a moderate price decrease would leave more homeowners under water. That makes defaults more likely, as homeowners are less likely to continue making mortgage payments when they owe more than their home is worth. In the last recession, many at-risk homeowners elected to stop making payments, and the flood of foreclosures created a downward market spiral. It’s understandable that analysts would make the connection between 2006’s peak and the recent price runup.

The rate of price increase is similar – the early 2000s and recent years have seen strong price growth, which raises concerns of a correction. However, while the price increase is similar, there are two factors which make a bubble less likely.

Rents have risen along with sales prices. That makes elective defaults less attractive. In 2009, a homeowner might abandon their home and its $2,000 per month payment and rent a similar home for $1,500. Today’s housing market is different – rents and monthly mortgage payments are similar. Therefore, homeowners typically can’t reduce their housing expense by opting to rent.
Mortgage qualification is dramatically different. The biggest change is the absolute requirement to verify the buyer has the means to repay the mortgage note. In 2006, buyers could easily get a mortgage to buy a new home without having to document they could afford the payment. There was no validation by the bank, allowing many buyers to make speculative purchases. As soon as the market turned even slightly, many of these buyers could not make their monthly payments and allowed their homes to go into foreclosure. While a price decline will increase defaults in today’s housing market, ensuring the monthly payment is truly affordable will mitigate this effect.

There’s an old saying that whatever goes up, must come down. That’s as true today as ever. The rapid rise in Portland home prices definitely feels evocative of the early 2000s and brings up the specter of a bubble. Prices will eventually decrease, of course, but unfortunately no one knows when. The good news is that the structural and mortgage changes in the real estate market will likely dampen the severity of the market’s ebbs and flows. With the strong inflow of well-qualified buyers in the Portland market, it appears that Portland home prices are set for a period of stable growth.

A Perfect Day Vol. 2: Portland’s Historic Woodlawn District

Posted on May 29, 2018October 31, 2019 by Aryne + Dulcinea

Portland’s Historic Woodlawn District long served as one of northeast’s best kept secrets. Its tucked away nature left it overlooked by newcomers and tourists for decades, but the area is finally gaining prominence. Established in the 1860s, the Woodlawn neighborhood is the oldest to be settled in the former city of Albina, which later consolidated into Portland. In 1888, the addition of a railroad stimulated the district’s economy, transforming the rural farm community into a commercial destination. Its historic charm prevails today, with several noteworthy institutions every Portlander should explore. For a perfect day in Portland’s Historic Woodlawn District, check out these attractions.

MORNING
Your first stop of the day will be at the central Woodlawn Coffee & Pastry. A community staple since 2010, this establishment serves up mouthwatering pastries. In addition, they have a heartier selection of breakfast and lunch items, which include traditional breakfast foods, sandwiches, and cocktails. You’ll enjoy your preferred fuel in a beautifully lit space, surrounded by locals.

From here, you’ll want to head east on Dekum to reach Woodlawn Park. In line with the laidback pacing of Woodlawn, don’t hurry to get there. Instead, take some time to examine the local street art and appreciate the impressive greenery. Depending on time of year, the park can take on many forms. Warm summer months bring an onslaught of activity, with people enjoying the parks’ sport fields, amphitheater, and water play area. During the fall, Woodlawn Park embodies a different of magic, as fog from the Columbia weaves through old growth trees.

AFTERNOON
When was the last time you felt truly luxurious? The team of The Portland Girl are pros at accomplishing exactly that. After a relaxing stroll through Woodlawn Park, stop in for a facial, sugaring session, or light treatment. Utilizing all eco-friendly materials, this top-rated skin care establishment will leave you glowing.

Leaving The Portland Girl, head southwest on Oneonta Street to get back to the Dekum triangle, which provides an ample selection of lunch options. If you’re feeling up to a brew, stop in at The Oregon Public House. Operating as a Public Benefit Nonprofit, this pub donates its proceeds to Portland-area non-profits. For an alternative option to pub fare, head east half of a mile to reach Tamale Boy where the ambiance is always warm and the Mexican street food is legendary. On your way back to the Dekum Triangle, stop off at Celandine Vintage to scan through a curated selection of vintage clothing and homewares.

EVENING
Woodlawn is coming into its own, but remains a quieter neighborhood in terms late-night activities. Local haunts include Breakside Brewing and Good Neighbor Pizzeria, which both hit the spot in terms of late-night dining. Directly across the street, Firehouse offers a different ambiance, serving wood-fired European cuisine in the historic former firehouse. However, if you’re still full from Tamale Boy, Green Army Tavern is your best move. Craft cocktails and a menu that features ample small plate options make this neighborhood newcomer a great place to wind down.

Before you call it a day, be sure to check the event pages for the charity-focused Village Ballroom as well as Woodlawn Park, which hosts popular events such as Trek in the Parkand outdoor movies.

Where are your favorite places in Portland’s Historic Woodlawn District?

Shop Talk Vol. 2: The Value of Home Staging

Posted on May 21, 2018October 31, 2019 by Aryne + Dulcinea

The world of real estate can be highly nuanced. For example, we frequently field questions from sellers regarding the distinction between a decorated home and a staged home. Your home may be immaculate, but even if your home décor is worthy of a spread in Dwell magazine, it might not be optimal for the real estate market. Homes take on the personality of their owners, who adapt their properties to fit their lifestyle. While personal touches can create a feeling of warmth, research shows that these factors can make it more challenging for potential buyers to visualize their lives in the space, which ultimately decreases the property’s market value. Home staging specialists work to optimize the property for resale, allowing sellers a faster and more profitable transaction.

REPORTED BENEFITS OF HOME STAGING

According to a 2017 study conducted by National Association of REALTORS®, the benefits of home staging have been perceived by a vast margin of real estate professionals. The noted impacts of professional home staging include:

More Effective Showings: 77% of buyers reported it was easier to visualize a property as a future home after it was staged.
Time on Market: 62% of respondents claimed home staging reduced time on market.
Perceived Valued of Home: 47% respondent reported an increase of 1-10% in the dollar value of the home. None of the respondents noted any decrease in value following home staging.

WHAT HOME STAGING ENTAILS

In order to achieve an aesthetic that is enticing to buyers, Aryne + Dulcinea will give you the tools you need to prepare for home staging specialists. They will walk you through how to declutter and clean the home, perform minor repairs and touch ups, freshen up with paint so home staging specialists can come in with on-trend décor and ensure optimal furniture placement. Staging has been found to be most effective when performed in living room, kitchen, master bedroom, and the dining room. Your home staging specialists will develop an impactful staging strategy based on the size and layout of your home.

WHAT HOME STAGING COSTS

The cost of home staging services varies significantly based on the scope of the project and whether you live in your home or if it is vacant. Ask Aryne + Dulcinea to coordinate a staging consultation before you list your home for an optimal listing experience.

Curb Appeal Vol. 3: Portland Neighborhood Spotlight – Laurelhurst

Posted on May 16, 2018October 31, 2019 by Aryne + Dulcinea

THE HISTORY:

Portland’s Laurelhurst neighborhood was founded in 1909, but its legacy began in 1850, with Congress’ passage of the Donation Land Claim. This statute provided powerful incentive to migrate to the region, entitling eligible parties to up 640 acres of land. The legislation was one of the most substantial public land sale policies in American history, with over 7,400 patents issued. Modern day Laurelhurst was comprised of two of these plots, which were later purchased by politician and businessman, William S. Ladd. Following his death, the Laurelhurst Company bought the property, with the exception of the 31 acres which would become Laurelhurst Park.

THE MARKET:

Today, Laurelhurst retains its historic charm, serving as a staple in Portland’s residential composition. The area features an eclectic collection of architectural styles and meticulous gardens reminiscent of its namesake, Seattle’s Laurelhurst neighborhood. Over 4,600 Portlanders reside in the area. With 82% of these residents owning their homes, Laurelhurst maintains one the highest percentages of home ownership city-wide. Portland Monthly projects homes in this area will average $654,275 and last only 26 days on the market.

WHAT WE LOVE ABOUT LAURELHURST:

Its central location, expansive properties and deep-rooted sense of community make the Laurelhurst neighborhood one of Portland’s most desirable markets. Each home boasts its own sense of style, featuring vintage Tudors, stately mansions, and historic bungalows. The undulating streets are lined with heritage trees, creating a residential space as an intimate as it is impressive. Earning a Walk Score of 79, Laurelhurst provides easy access to 134 restaurants, bars and cafes.

NEARBY DESTINATIONS:

Dinner: Pambiche, Laurelhurst Market, Restaurant Row,
Events: Portland Greek Festival, Annual Laurelhurst Yard Sale
Activities: Laurelhurst Theater, Laurelthirst Pub,Hollywood Vintage Costume Shop,Music Millennium
Parks: Laurelhurst Park

DEMOGRAPHICS (2010 CENSUS)

Residents: 4,633
Median Age: 43
Under 18 years: 24%
18 to 64 years: 64.4%
65 years and over: 11.6%

COMPARABLE NEIGHBORHOODS:

Irvington, Average Home: $$632,224
Roseway, Average Home: $435,826
North Tabor, Average Home: $489,450
Sabin, Average Home: $601,490

Albert Arts Delight!

Posted on May 11, 2018October 31, 2019 by Aryne + Dulcinea

Just listed! 4903 NE 32nd Place, Portland, OR 97211

This classic, light-filled 4-bed, 1-bath home is complete with traditional wood built-ins and trim, hard wood floors, butler’s pantry, and formal living and dining rooms. Basement has great ADU potential with lots of space and high ceilings. Step out into a lush backyard and garden with alley access. Walk to cafes, yoga, music venues, Wilshire Park, New Seasons, or soak at McMenamins Kennedy School. With a walk score of 83 and a bike score of 89, the city is all yours!

4 bed | 1 bath | 3052 sq. ft. | $539,000
MLS# 18548299| Taxes: $3210 Lot Size: .09 Acres

See more here…

The Market in Focus: Lower Interest Rates Coming for Low-Risk Borrowers?

Posted on May 7, 2018October 31, 2019 by Aryne + Dulcinea

By Aaron Nawrocki, Capital M Lending

For many years, all eligible borrowers received the same interest rate. In essence, there was one base interest rate, and if your mortgage was approved, that’s the rate you got. While it may not have been perfectly equitable, it certainly made it easy for lenders to quote interest rates and for buyers to understand. However, the development of big-data and risk assessment platforms, lower interest rates may be attainable for low-risk borrowers.

In 2008, Fannie Mae (FNMA) and Freddie Mac (FHLMC) added interest rate adjustments for different loan characteristics. After the government-sponsored enterprises (GSE) went into receivership, they examined their portfolio and its performance, adding extra charges to their base rate for factors such as:

– Lower credit scores
– Using a concurrent second mortgage (combo loans)
– Type of refinance transaction (cash out refinances)
– Down payment percentages

The idea was that the above factors affected risk – e.g. lower credit score loans would default more frequently. Consequently, borrowers with fewer risk factors are more likely to get lower interest rates than their counterparts. Raising the cost for higher risk loans would better connect a mortgage’s risk to its cost. It’s analogous to car insurance – if a driver has a few tickets, the cost of insurance is naturally higher as the insurance company is more likely to suffer a loss.

The adjustments to rate put in place in 2008 (and adjusted thereafter) are constant across all lenders for conforming loans, as they’re established by FNMA/FHLMC. Here’s where it gets interesting. Fannie and Freddie back tested their tweaks in 2014 to see if the interest rate adjustments accurately reflected the loss ratios based on loan characteristics. What they found is that they overestimated the loss ratio for high credit score borrowers and underestimated the loss ratio for low credit score borrowers. In other words, “risky” borrowers were getting a better deal than “premium” borrowers. To think of it in health insurance terms, the healthy were paying for the sick.

Markets have a way of evolving in response to information and big data is a buzzword we see all over these days. As mortgage banks (and FNMA/FHLMC) build deeper databases and connect loan characteristics to loss rates, expect to see more complex pricing. There will likely be a greater range of interest rates offered, with larger discounts for higher credit scores and larger down payments. Banks and buyers will adapt to these changes and they’ll become part of the marketplace. For buyers, it means that keeping credit scores as high as possible will be more important in securing lower interest rates. Credit scores will be examined in an upcoming column and I’m always available to answer and financing questions you may have. To learn more about current real estate trends, or to speak with a real estate specialist about buying or selling a property, contact Aryne + Dulcinea. Their expertise in today’s market will ensure you have an optimal experience during your next real estate venture.

CONCORDIA CRUSH!

Posted on May 4, 2018October 31, 2019 by Aryne + Dulcinea

JUST LISTED! Step inside this light-filled 3 bed, 2 bath home complete with hardwood floors, an eat-in nook in kitchen, full finished basement with bed and bath, 2-car detached garage with alley access, and private covered patio for entertaining. Just steps from cafes, parks, Concordia University and more! With a 77 walk score and 85 bike score, enjoy neighborhood and city wide access. Find out why we are crushing hard on this Concordia bungalow!

Want to know more about this listing? See more here.

Pro Tip: How to Sell Your Home in Time for Peak Market Prices

Posted on April 30, 2018October 31, 2019 by Aryne + Dulcinea

The Portland real estate market is kicking into full gear as hopeful buyers continue to drive demand. With the busy season continuing through the spring and summer months, there is still enough time for prospective sellers to market their homes in time for the sector’s top-performing weeks. If you’re hoping to make a move this summer, these tips will help you secure more profits from your investment.

Call in the Experts

Before diving in on repair and remodeling projects, contact Aryne + Dulcinea to guide you through the process.

– They have experience in both buying and selling.

– They are tech savvy and up-to-date on the latest MLS systems and listing websites.

– Aryne + Dulcinea have connections to trustworthy inspectors and contractors.

Aryne + Dulcinea will be your negotiators, advocates and gurus, with the experience and soft skills to best serve you.

To Remodel, or Not to Remodel?

Many sellers debate the pros and cons of remodeling prior to selling their home. While putting in elbow grease will increase the value of your property, smaller projects are generally a more secure investment, as they typically require less cash and yield higher returns. Before tearing down walls and remodeling your living spaces, take on these weekend DIY projects to increase your homes desirability.

Curb Appeal: Creating a welcoming exterior should be at the top of your to-do list. The outside of your home is prominently displayed across real estate sites and will be doing a lot of the heavy-lifting when it comes to getting buyers to view the property. First impressions are critical, so clear out your yard and add in some landscaping to warm things up. To get even more out of your home’s façade, consider modernizing your front door and any visible garage doors.

Paint & Flooring: Another key influencer in buyer perception is the appearance of your floors and walls. Keep in mind that potential buyers want to visualize their future in your space. Freshly painted walls and clean floors play a critical role in this process, as scuffs and stains distract from their internal narrative. In our 15 years of combined experience, we’ve never come across a property which couldn’t benefit from a fresh coat of paint and restored flooring!

Kitchen Updates: It’s been said that in selling your home, you’re actually selling your kitchen. Many prospective buyers prioritize a home’s kitchen in their decision to put in an offer, making it one of the most important areas of your home to focus on. Of course, no hopeful seller should go above their means to perform a large-scale remodel project in the hopes of a big payout. Instead, a few minor tweaks such as painted cabinets with modern hardware, new lighting fixtures, laminate floors, or selected appliance upgrades can create a ‘WOW’ effect without busting your budget. In fact, adding even one high-end appliance has shown to improve overall perception of the kitchen, as it also raises the perceived value of the remaining appliances.

With a few weekend DIY projects and the consultation of Aryne + Dulcinea, you can have your house on the market just in time for peak-season prices. To learn more about selling homes contact us today!

LENTS LOVE AFFAIR!

Posted on April 27, 2018October 31, 2019 by Aryne + Dulcinea

This charming and light-filled 2 bedroom, 1 bath home located one block from Glenwood Park boasts a fully remodeled kitchen and bathroom, refinished hardwood floors, HES of 9, a detached garage, courtyard, and extra garden space. Situated on a corner lot and zoned r2.5. Walk to the heart of Lents, or bike to Lents Park (bike score of 89!) There is nothing to do but love it!

Want to know more about this listing? Click here.

HOME SWEET HOME IN CULLY!

Posted on April 27, 2018October 31, 2019 by Aryne + Dulcinea

This light-filled 3 bed, 1 bath home has it all! Hardwood floors, fresh paint inside and out, large kitchen with island and bonus studio space for a home gym or art space. Plenty of raised beds to grow your garden. A fenced back yard holds shed for storage or work space. Love dogs?? This street connects to Sacajawea dog park. Stroll to the deli, park and more. This is the one!

Want to see more about this listing? Click here.

Kathy Bayless – April Last Thursday Artist

Posted on April 25, 2018October 31, 2019 by Aryne + Dulcinea

Kathy Bayless – A Passion for Flowers

Opening Reception: April 26th, 6:00 – 8:00 PM

Living Room Realty

1401 NE Alberta St

Portland, OR 97211

Close observation of the natural world is a constant source of inspiration to me. I photograph flowers that interest me and choose my favorite images to paint. Using the photos as a reference, I paint with the intent to reflect the gesture and details of the individual flowers. My utmost desire, however, is to capture the sublime beauty inherent in the flowers.

Show April 26th – July 23rd

A Perfect Day in Portland’s Montavilla Neighborhood

Posted on April 23, 2018October 31, 2019 by Aryne + Dulcinea

Portland’s Montavilla neighborhood first developed in the late 19^th century, when the addition of a streetcar route established the area as a stomping ground for Portland-bound travelers. Mount Tabor Village has since been dubbed Montavilla, becoming a hot spot for residents and tourist alike. Easy walkability and old-town authenticity make the neighborhood a great destination, with renowned parks and plentiful charm-filled local establishments to while away the time. Here are our suggestions for a perfectly balanced day in Montavilla.

MORNING

Like a true Portlander, you’ll want to start this day off with coffee. If you’re in the central hub of the Montavilla neighborhood, you’ll likely be only a few minutes from Hungry Heart PDX. Here, you’ll find Stumptown coffee blends and a comprehensive selection of baked goods geared toward an adult palette. While you’re here, grab a coffee and some macrons to fuel up – there’s a busy day ahead of you.

From Hungry Heart PDX, it’s a brisk 13-minute walk to nearby Mount Tabor, a big park with an even bigger reputation as one of only four, city-based volcanoes in the U.S. Its sweeping views span across the eastside to reveal Downtown Portland, providing the perfect backdrop to enjoy fresh coffee and baked goods.

AFTERNOON

Exploring Mount Tabor’s 636-feet of steep elevation is no easy feat. Fortunately, your reward is close by as Montavilla is home to some of Portland’s favorite brunch destinations. For traditional southern-inspired cuisine, The Country Cat is your go-to. Their rich menu and sizable portions are likely to hit the spot following a stroll through Tabor; however, there are equally delicious options for individuals craving lighter fare. Located only a five-minute walk from Tabor’s NE exit, Coquine serves seasonal, regionally-inspired menus in the style of New American cuisine. The location also delivers on ambiance, providing the perfect backdrop to a leisurely day on the town.

Continuing on your exploration of Portland’s Montavilla neighborhood, there are numerous activities to enjoy next. Open Sundays from 10-2, Montavilla Farmers Market is a great way to learn about the area’s agricultural offerings, sample beer and wine from local makers, and engage with neighborhood organizations. Additionally, groups may enjoy spending time at Montavilla Community Center & Pool, gaming at Creature VR or slamming baseballs at Batting A Thousand. Finally, we recommend a visit to Escapism Portland, an hour-long live action room escape game. The facility features a narrative which suits groups of up to 6, and requires participants to schedule ahead of time. Aim for an early evening slot, which will put you right near to your next destination.

EVENING

Leaving Escapsim Portland, you’ll be only a minute walk from Blank Slate. Cozy décor and a carefully curated record collection elevate this intimate space. The menu here is a practice in restraint and feels unified its focus, boasting artfully compiled cocktails and small dishes.

LATE NIGHT

You could easily spend the rest of your night enjoying cold beverages and retro tunes while sitting at the bar at Blank Slate, but there is still time to fit in one more Portland staple: a second-run movie theater. The historic Academy Theater is central to the Montavilla neighborhood both in location and spirit. Featuring $4 tickets, beer, and locally-focused food menu which includes pizza and sushi, The Academy is the perfect place to end your perfect day in Montavilla.

Shop Talk: The Surprising Home Maintenance Project That Saves Portland Homeowners Thousands

Posted on April 16, 2018October 31, 2019 by Aryne + Dulcinea

Few cities embrace spring with the eagerness that Portland does. After months of looming grey skies and damp socks, can you blame us? When dormant maple trees begin to awaken and electric pink camellias line neighborhood sidewalks, shrugging off the memory of winter rains is the natural response for many. However, Portland homeowners shouldn’t be as quick to leave the winter season behind. That is, not until they’ve properly addressed the seasonal impacts to their home and ensured proper maintenance of their gutter systems.

Dramatic winter rainstorms and rich arboreal diversity are signatures of the Pacific Northwest, but these same characteristics are a menace to gutter systems. Over the course of the fall and winter seasons, it is common for this foliage to create blockages in your gutter, impairing its ability to properly direct water away from your home. Left unaddressed, improper drainage can result in extensive water damage to your foundation and roof. Proper gutter maintenance helps prevent damage to your home’s structure and landscaping, which can result in savings exceeding $10,000. Before spring fever takes over, be sure to follow these simple steps to tend to the gutters in your home.

Survey the area. Before you begin this project, make sure to take a close look at your property for any potential hazards which may put your safety at risk. Issues such as electric lines, imposing trees, or uneven terrain could be cause for concern. In this case, consult a professional before proceeding.

Gather your materials. For this home maintenance DIY, you’ll only need the following:
1. Hand shovel or plastic scoop. Select a small hand tool that will help you scoop any debris out of the gutter.
2. Opt for rubber if you can, this might get messy.
3. Plastic tarp. Speaking of messy, considering throwing a plastic tarp over your yard so you can easily remove any waste afterward.
4. Reliable ladder. Be sure your ladder is secure, and—if possible—use one with standoff stabilizers to protect your gutters from ladder damage.
5. Use a garden hose to flush away any remaining debris. Additionally, your hose will help you spot any leaks or blockages.

Get started. Once you’ve collected the necessary tools, you simply need to repeat the following steps until all areas of your gutter have been examined, cleared and tested.
1. Using your scoop and gloved hands, remove any leaves and gunk from your gutter.
2. Using your hose, run water through the gutters to examine for leaks and blockages. To check drainage in your spouts, turn the water flow on your hose to high and direct it down into your spout. If the water comes through more slowly, there is a blockage. Using your hose, work it into the spout through the bottom opening, flushing the spout until all debris is removed.
3. Check the gutter system’s stability, ensuring it is securely attached to your house.

Responsible Portland homeowners should anticipate cleaning their gutters at least twice a year, performing consistent spot checks on their drainage system to catch blockages before they become hazardous. Gutter maintenance is one of the most impactful ways to preserve the health and value of your home, so be sure to add it to this year’s spring cleaning checklist!

Curb Appeal Vol. 2: Portland’s Neighborhood Spotlight – Concordia

Posted on April 15, 2018October 31, 2019 by Aryne + Dulcinea

THE MARKET:

Situated north of Alameda and Beaumont-Wilshire in the Portland’s fast-developing Northeast quadrant, the cozy Concordia neighborhood earned it’s name from nearby Concordia University. With over 100,000 residents, first-time homebuyers and established homeowners are drawn to the district for its diversity and access to local amenities. In their recent real estate issue, Portland Monthly projected homes located in the Concordia neighborhood area will average $518,304. Lasting an average of 25 days after listing, Concordia outperforms the city average of 31 days on the market.

WHAT WE LOVE ABOUT CONCORDIA:

The Concordia neighborhood grew to prominence in the 19^th century, when many newcomers found refuge in the area following the 1948 Vanport flood, which displaced hordes of ship workers local to North Portland. Following the flood, Portland completed an extensive revitalizing project to improve the area’s retail and transit infrastructure, aiming to make the area more hospitable for its expanding population. Since that time, Concordia has earned recognition for being a hub for local artists. From the ashes of mid-century displacement, Concordia has blossomed into one of the liveliest districts in Northeast Portland. Earning a Walk Score of 76, residents in this area can walk to an average of seven eateries and bars within five minutes.

TOP DESTINATIONS:

Dinner: Wilder

Brunch: Mae

Coffee & Tea: The Cottage Pantry

Nightlife: Dame

Parks: Fernhill Park

DEMOGRAPHICS (2010 CENSUS)

Residents: 9,550

Average Age: 35.4

Under 18 years: 16.2%

18 to 64 years: 75.7%

65 years and over: 8.1%

COMPARABLE NEIGHBORHOODS:

Creston-Kenilworth

Average Home: $439,806

Roseway

Average Home: $435,826

North Tabor

Average Home: $489,450

Mt. Scott-Arleta

Average Home: $ 373,944

Finding Sanctuary

Posted on April 10, 2018October 31, 2019 by Aryne + Dulcinea

There is a beauty in arriving at your home. No matter how big, or small, or new or old…it’s home. Finding a way to create a space to revive the spirit and reconnect with yourself is crucial in our ever changing lives. Some of us live fast, some slow, but to be able to make time for contemplation can really make a difference in your day. Our new listing in West Linn has such a great sense of sanctuary. Places to tuck away, places for others to be close to you, places to breath as you look out at distant vistas, places to gather, to laugh (yes, there is a movie theatre)…and places to grow your garden. Go see 1610 Killarney Drive today.

Dream Big in West Linn

Posted on April 6, 2018October 31, 2019 by Aryne + Dulcinea

Great New Price – $559,900
1610 Killarney, West Linn, OR

Remember all things you wanted in your dream house? Open floor plan, natural light, views of the mountains, a master suite, a true home office, a music room, a movie theatre? You’ll find it all here! This exquisite West Linn home has all the space, comfort, privacy and special features of your biggest dream house dreams! The 5 bedroom, 3.1 bath home boasts an in-house movie theatre, 2nd living room, bonus bedroom suite, large open concept kitchen, dining, and living room, home office with a sunny balcony, plus ample storage on every floor of the house and in the attached 2 car garage. Perched atop a quarter acre, you’ll enjoy bird’s eye views, a backyard oasis and a beautifully landscaped hillside, plus you’ll be a stone’s throw away from North Willamette Park. DREAM BIG with this unique beauty!

See more here!

Curb Appeal Vol. 1: Portland Neighborhood Spotlight – Vernon

Posted on March 29, 2018October 31, 2019 by Aryne + Dulcinea

THE MARKET:

With two new listings and 24 total properties on the market, Vernon is Northeast Portland’s hottest neighborhood. This aligns with recent real estate trends, as the market continues to heat up during the transition into spring. The average prices for Vernon homes have increased over the past week, from $679,726 to $714,738.

WHAT WE LOVE ABOUT VERNON:

Incredible access to some of Portland’s best establishments makes Vernon a perfect neighborhood for the active urbanite. It’s the 13th most walkable neighborhood in Portland, and with a Walk Score of 88, the average Vernon resident can walk to 15 restaurants, bars and coffee shops within five minutes.

TOP DESTINATIONS:

Dinner: Hat Yai

Brunch: Petite Provence

Coffee & Tea: Tea Bar

Nightlife: Solae’s Lounge

Parks: Alberta Park

DEMOGRAPHICS

Residents: 2,630

Average Age: 32.6

Under 18 years: 15.7%

18 to 64 years: 78.4%

65 years and over: 6.2%

COMPARABLE NEIGHBORHOODS:

Sabin

Average Home: $753,561

King

Average Home: $830,571

Alameda

Average Home: $791,014

Irvington

Average Home: $829,000

Laurelhurst

Average Home: $ 666,445

ACTIVE LISTINGS HISTORY:

February 2017: 18
March 2017: 19
April 2017: 16
May 2017: 24
June 2017: 27
July 2017: 27
August 2017: 26
September 2017: 40
October 2017: 39
November 2017: 32
December 2017: 20
January 2018: 21
February 2018: 23
March 8, 2018 – March 15, 2018: 23
March 15, 2018 – March 21, 2018: 27
March 21, 2018 – March 29, 2018: 24

Sunnyside Sweetheart!

Posted on March 23, 2018October 31, 2019 by Aryne + Dulcinea

GREAT NEW PRICE – $615,000
4334 SE Morrison St

Sunnyside at it’s finest! Classic and urban, this light-filled inner SE PDX 4-square boasts open formal living and dining rooms, a spacious kitchen, a sunroom and bonus space, 3 bedrooms, 2 full bathrooms, and a large basement. Fenced and landscaped backyard with grand deck creates the perfect outdoor oasis. Walk to Laurelhurst Park, Belmont Street and more! Off-street parking a plus. Absolute biker’s paradise with a 100 bike score and 83 walk score, the best of the city is at your doorstep!

See more here!

The Market in Focus: Interest Rates & the Portland Housing Market

Posted on March 6, 2018October 31, 2019 by Aryne + Dulcinea

By Aaron Nawrocki, Capital M Lending

It’s been an exciting 2018 so far in the stock and bond markets. The broad indices are down over 10% from their peaks. Treasury Bond and mortgage rates are at a four-year high. It may be a good time not to look at your 401k statements, but what about the effect on home prices and the Portland housing market?

Higher interest rates make homes more costly, even if prices don’t rise. The higher cost of borrowing generally slows price increases. If we looked back over the last 20 years, we’d see a general correlation between rates rising and prices stalling. Mortgage interest rates are up about .5% over the last month, and for the average Portland homebuyer that means an increase in monthly payment of about $150. That’s enough to slow appreciation down somewhat and that’s exactly what the Fed hopes to accomplish with their rate increases.

Is it the second coming of 2009? Not likely. Interestingly enough, a moderate increase in borrowing cost can slow price increases, but rarely does it dramatically slow the market. Buying a home is a serious decision and typically the largest single financial transaction a family will make. Most buyers make the decision to buy a home based on their financial prospects and choose the price based on the monthly payment. So, interest rates don’t necessarily keep folks from buying, but they do affect the price they are willing to pay. We have a growing economy with a shrinking middle class (that’s a discussion for another day) and many Americans feel confident about their jobs and prospects. That confidence is what make buyers feel comfortable about buying homes (and is much more important than interest rates in the buying decision.) We learned this during the recession. Lower interest rates and lower mortgage payments don’t bring buyers in from the sidelines if they are worried about their jobs.

As the Fed works to smooth out and proactively dampen the economic cycle, watch for a brief slowdown while buyers and sellers receive and react to rates. Once the new normal for interest rates is accepted by the Portland housing market, it’s likely we’ll see buyers continue to enter the market. Portland is a desirable destination and still affordable for many potential homebuyers. We’ll see if the rate changes are a correction or a sign of things to come. For now we expect robust sales and a healthy market balanced between buyers and sellers.

By Aaron Nawrocki, Capital M Lending

Changes in underwriting

Big data to the rescue

Define your budget

Keep it tasteful

Think long-term

Just listed! 4903 NE 32nd Place, Portland, OR 97211

Call in the Experts

To Remodel, or Not to Remodel?

Kathy Bayless – A Passion for Flowers

Opening Reception: April 26th, 6:00 – 8:00 PM

Great New Price – $559,900 1610 Killarney, West Linn, OR

THE MARKET:

WHAT WE LOVE ABOUT VERNON:

TOP DESTINATIONS:

DEMOGRAPHICS

COMPARABLE NEIGHBORHOODS:

ACTIVE LISTINGS HISTORY:

GREAT NEW PRICE – $615,000 4334 SE Morrison St

Great New Price – $559,900
1610 Killarney, West Linn, OR

GREAT NEW PRICE – $615,000
4334 SE Morrison St