Farmers Market Produce Stand

Spring 2019 Newsletter: Rural Voices for Conservation Coalition

We are grateful for the arrival of Spring, which highlights so many of the beautiful landscapes our city and state feature. And yet another reason we are so grateful for our clients is the introduction we have to many fabulous organizations and non-profits they hold dear, and work so hard for. We became introduced to the RVCC, an organization that serves to protect and enhance our environment and believe that you might be interested too!


RURAL VOICES FOR CONSERVATION COALITION

What RVCC Does:
RVCC’s approach is to strengthen and empower the voices of rural leaders on issues such as collaborative all-lands stewardship, renewable energy, climate change, and local workforce development. By bringing rural leaders together to share their work, they serve as a vital peer learning and capacity building network that accelerates the practice of land stewardship and aligned economic development.

They have worked together to successfully make a difference on many of the issues that affect rural communities, public and private land management, and the continuation of a natural resource-based economy in the West. They have leaders in supporting policy and legislation including stewardship contracting, the Collaborative Forest Landscape Restoration Program, and the Community Wood Energy Program, among others. advocating for the inclusion of comprehensive community interests.

Advancing Policy:
We keep rural communities at the heart of the policy process by understanding how natural resource policy works on the ground, and ensuring that these policies lead to ecologically responsible and economically equitable outcomes.

Fostering Learning:
We create a network of local practitioners across the West, fostering and disseminating innovations in land stewardship planning and implementation.

Sharing Your Story:
We raise the visibility of collaborative, community-based natural resource management across the West. By sharing these stories, we promote commitment to, and investment in, collaborative approaches.

To learn more about the RVCC, you can visit their website or reach out to:

Karen Hardigg
karen@wallowaresources.org


MARKET UPDATE
from Kathy MacNaughton

There are currently two markets emerging in the Portland metro area: one is vibrant with more demand than supply and the other is a slower market where there is more supply than demand. This evolving demarcation between sales of homes in these two markets is categorized by close-in homes priced below $700k as well as suburban properties below $600k versus homes priced above these price ranges in their respective area. By close-in homes, I refer to homes that are about a 15 minute commute or less during non-rush hour times which includes Lake Oswego and Dunthorpe. The higher you go above these prices, the more the market slows.

This situation creates an advantage for move-up buyers i.e. those who are selling a home under $600k and want to move up to over $700k. It is also a really good opportunity for buyers to make contingent offers, provided that the home they currently own will be well-priced given its location, condition, size and amenities.

Inventory overall is still pretty low. Inventory is climbing but it’s important to keep in mind that we’ve gone from an under 2 month absorption rate to 3-4 months. Absorption rate is the number of months it would take to sell the currently listed homes in the market. Once you have about 3.5 months of inventory, you have a fairly even buyer/seller market.


ATTENTION: REAL ESATE INVESTORS!
State of Oregon Rent Control Bill

Its official, with the passing of Senate Bill 608, the State of Oregon is the first in the nation to impose a statewide rent control bill. What does that mean for you as an investor or potential buyer? First, while the knee jerk reaction for some investors is to list to sell their properties due to the new restrictions, we are still seeing clients and investors who are interested in purchasing second homes, or multi-unit properties. Interest rates are still very low and there are more multi-unit properties on the market now than anytime in the past 5 years. It is important to make yourself aware of the new legislation that has already passed, as well as get involved in the conversations for new legislation the City of Portland and State of Oregon are developing. Below are a few helpful links to help you understand some of the new restrictions. If you have any specific questions regarding a property or tenant you currently have, we suggest you speak to a local Real Estate attorney which we are always happy to recommend.

https://www.osbar.org/public/legalinfo/tenant.html

https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB608/Introduced

https://www.statesmanjournal.com/story/news/2019/02/28/what-tenants-landlords-need-know-oregons-rent-control-law/3010007002/


FARMERS MARKETS IN PORTLAND

Spring time means that Farmers Markets are popping up all over Portland. Here are few that you should stop by this season!

PSU Farmers Market
HOURS AND LOCATION
South Park Blocks between SW College & Montgomery on the campus of Portland State University
Open year-round on Saturdays
8:30 am to 2:00 pm (April-Oct)
9:00 am to 2:00 pm (Nov-Mar)

Shemanski Park Market
HOURS AND LOCATION
SW Park & SW Salmon
Seasonal Market
Open Wednesdays, May 1 – October 30, 2019
10 am to 2 pm

Kenton Farmers Market
HOURS AND LOCATION
N McClellan & N Denver
Seasonal Market
Open Wednesdays, June 5 – September 25, 2019
3 to 7 pm

King Farmers Market
HOURS AND LOCATION
NE 7th & NE Wygant in Northeast Portland
Seasonal Market
Open Sundays, May 5 – November 24, 2019
10 am to 2 pm

Lents International Farmers Market
HOURS AND LOCATION
SE 92nd and Reedway between Foster and Harold in Southeast Portland
Seasonal Market
Open Sundays, June 2 – November 24, 2019
9 am to 2 pm

For a full list of Portland area farmers markets and information visit http://www.portlandfarmersmarket.org


NEIGHBORHOOD NEWS

If you are interested in market trends and statistics, you may enjoy signing up for Neighborhood News. This is a useful tool to monitor current market activity and trends in your area of interest. Once you subscribe, you will be emailed a monthly report with statistics for the zip code you selected including active listings, sold listings, pending listings, time on market, and price trends.

To sign up, please click here and follow the instructions to subscribe.

Rest assured that you will not receive any spam emails from this subscription. You will receive your initial welcome email and subsequent monthly report.


SOME OF OUR RECENT SALES

5860 SW 18TH DRIVE 
PORTLAND, OR 97239
3 beds | 2.5 baths
2,404 sq. ft.

 

 

5550 SW DOGWOOD LANE
PORTLAND, OR 97225
5 beds | 3.5 baths
5,011 sq. ft.

 

 

SOME OF OUR CURRENT LISTINGS

211 SW FLORIDA STREET
PORTLAND, OR 97219
4 beds | 2.5 baths
3,388 sq. ft.

 

 

6103 NW CORNELL ROAD
PORTLAND, OR 97210
4 beds | 3.5 baths
5,236 sq. ft.

 

 


We’d be so glad to talk to you or your friends about our Concierge Real Estate Services and how we can make a difference with any of your upcoming real estate needs.