5 Easy Ideas for Small Kitchens


The Zen of Zada

Guest Blogger: Casey Makovich

Small kitchens present unique challenges for homeowners, but having a small kitchen doesn’t mean you have to resort to takeout every night. Here are 5 easy ideas for small kitchens that will help make your space look and feel larger.

rbh-k-storage

Add storage wherever possible.

Space-permitting, bring in any storage pieces that will fit in your small kitchen. A kitchen hutch, set of drawers, rolling island or hanging pot rack are all great ways to squeeze in extra kitchen storage.  If you have free wall space, consider adding open shelving or wall organizers for storing smaller kitchen utensils. If your cabinets don’t reach all the way up to the ceiling, make use of above cabinet space with baskets and bins.

If you don’t have room to bring extra storage in,

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Notice of a Proposed Zoning Change


Eliot Neighborhood

Eliot Zone Map Eliot Zone Map 2014

If you are a property owner, you probably received this notice in the past month. Normally, a notice like this is cause for alarm, but not in this case. Two major changes are proposed in Eliot as part of the Comp Plan; changing R2 (one residence per 2000 sq ft) zones to R2.5 (one residence per 2500 sq ft) and changing all C (commercial) and E (employment) zones to “Mixed Use.”

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Historic Homes Headed for Demolition


Eliot Neighborhood

By Sarabeth Long –

623Thompson 623 NE Thompson

There are two 125-year-old houses in Eliot that are going to be demolished if the neighborhood doesn’t rally to save them. The best option would be to purchase them from the developer who owns them, Guy Bryant of GPB Construction, or failing that, to convince him not to tear them down to build his ultramodern 40-foot-tall rowhouses that, needless to say, don’t fit in to the neighborhood. The houses were built at the time the City of Albina was its own city.

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Portland Area Home Prices: A Soft Landing?


Willamette Valley Homes & Real Estate

After a marked rise in home prices, a recent study called the Case-Shiller Home Price Index suggests home prices for our region are decelerating. Prices are still rising, but at a considerably lower rate than before.  

Portland Home Prices, Portland Oregon, Portland Oregon HomesSoft Landings Are Best When You Stay Above Water

Unlike dips in the past where homeowners were pulled ‘underwater’ and frequently owed more than their property was worth, a potential ‘soft landing’ could actually be good news.

Portland Home Price Index, Portland Case-Shiller, Home Price Index PortlandPortland Case-Shiller Home Price Index Chart

That’s because moderate home price deceleration helps make more sustainable our market gains that began well after the 2007 Great Recession. To be clear, in many areas both locally and nationally, home prices continue to rise. But now it appears Portland’s market trajectory has generally lowered to a more reduced ascent.

Portland Real Estate, Portland Oregon Economy, Portland Oregon Home PricesThis RMLS price chart confirms new figures from the Case-Shiller Home Price Index

The above Regional Multiple Listing Service…

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Rapidly Diminishing REO Foreclosure Sales


BEN LeBRUN

by Lawrence Yun, PhD., Chief Economist and Senior Vice President, NAR

  • The number of foreclosed home sales has been rapidly falling and could essentially vanish by next year.  Those who specialize in foreclosure sales should therefore look towards other line of business.
  • In August, foreclosed sales comprised only 6 percent of all home sales transactions, down from double-digit figures last year and from near 30 percent few years further back.
  • In addition to fewer distressed properties on the market currently, there is very little in the pipeline.  The number of foreclosure starts is essentially back-to-normal with only 0.4 percent of mortgages undergoing that process.  Moreover, mortgages originated in the past four years are one of the best performing with very little defaults.
  • We should nonetheless be mindful that the overall count of seriously delinquent mortgages and those homes in some stage of foreclosure process are still above historical normal…

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Speak Now or…


Eliot Neighborhood

Map App Comprehensive Plan Map App

The second Draft Comprehensive (Comp) Plan is out for review. As noted in previous columns, the State requires Portland to prepare a 20-year plan to accommodate expected future growth. The current Comp Plan was adopted in 1993 and is showing its age. The Draft Plan is expected to be adopted by City Council next summer. City planners are accepting comments on the plan through the end of October and a discussion of the Plan will be part of the General Membership meeting October 13th. This will be your best chance to comment before the final plan. Two public hearings are scheduled in October (the 14th and 28th), and comments can be submitted anytime using the “Map App” and other links on the Comp Plan web site.

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Green bonds: Diversifying funding options for commercial real estate


Quick Look financial services blog

Payments for Distribution in GuisePosted by Saurabh Mahajan, Assistant Manager, Real Estate, Deloitte Center for Financial Services, Deloitte Services LP, on September 10, 2014

Sustainability has progressively become a key business issue for commercial real estate (CRE) players, one that impacts short-term profitability and long-term value, and requires CRE companies to consciously invest in implementing green features. Gradually, CRE companies are appropriating more funds to meet their sustainability targets, with most companies currently funding their sustainability investments through traditional sources, such as banks and life companies.

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That Fixer Upper Needs a FHA 203K-Loan Now!!


Stoop Style DC

Think about a 203K Loan for that Fixer Upper

I get a real creativity buzz from seeing homes that need a “facelift” if you will. Fortunately, the Washington, DC area is filled with homes that need some form of updating whether big or small. For some properties, you may have to compete with developers who have cash to close the deal in a third of the time it would take for a conventional loan to close. For other properties that may need some renovations but the asking price does not yield a high enough profit for developers, the FHA 203K loan program may be the best option for you.

FHA’s 203K-loan program is designed to finance both the acquisition cost and renovation expenses conveniently in one loan. This loan product gives you the opportunity to make that fixer-upper your dream home!

Here are some general facts about 203K loans:

  • FHA…

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Interest Penalty On FHA Loans Eliminated


Real Estate Finance Insights

Recently, the Federal Housing Administration announced that they are halting the policy of allowing lenders to collect interest to the end of the month when the homeowner’s FHA mortgage is paid off. Beginning in January of 2015, lenders will be able to collect interest until the day the loan is paid off.

However, it should be noted that for the millions of homeowners who currently have home loans insured through FHA, there is no change in policy. The new policy will affect only those who obtain new FHA loans in January of 2015.

What Does This Mean For Present Homeowners?

It is important to time refinances and sales of houses to allow time to get the payoff to the present lender before the end of the month. Otherwise, the homeowner could owe a full month of extra interest.

The worst time to close on a real estate transaction is the last…

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Children’s Locker Storage


The Zen of Zada

childrens lockers living ho.me

It is amazing all the items you need to get the children off and ready for school each day. Do they have their coats, hats, shoes, backpacks, and books?  Do they have some sports event or practice later in the day that requires a uniform or sporting equipment?  The constant worry of does my child have everything they need for the day is consistent if the family is not organized. A way to get organized is by creating locker storage for your children.

When creating this storage area is it important to remember what your child needs in order to seamlessly get off to school everyday.  Some key areas to consider are:

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Beware of The Following Signs and Hire Dryer Vent Cleaners at The Earliest!


aliciadavis101

Major hazards and accidents have happened in the houses of several home owners due to the faulty vents and cloth dryers! In the year 2010, an appliance which caught fire due to unclean vents was responsible for destroying more than 15, 500 houses!

Dryer Vent cleaners in Orland Park

Thus, for cleaning the accumulated lint and debris, you must call for professional dry vent cleaners. Whether you are residing in Orland Park or any there place, you are sure to find professionals that will be able to clean your ducts in the right way. Here are the signs you should beware of and call them at the earliest:

Time consumption in drying:

When the ducts of your dryers are clogged, the time consumed in drying clothes doubles the time taken up normally. Moreover, you will also see that at the end of the cycle, the clothes will not be dry. Usually, the dryer vent emits…

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