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Thoughts for the Portland area real estate market. We are local experts for Portland as well as the adjoining cities of Aloha, Beaverton, Canby, Durham, Gladstone, Gresham, Happy Valley, Hillsboro, Lake Oswego, Milwaukie, Newberg, Oregon City, Sherwood, Tigard, Tualatin, West Linn, and Wilsonville.

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Latest Market Action for Portland, Oregon, metro area - October, 2008
Looking for the lastest market information for the Portland, Oregon, metro area real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

Posted Friday, November 14, 2008 10:57 AM by Phil Anderson | 0 Comments

Latest Market Action for Portland, Oregon, metro area - August, 2008
Looking for the lastest market information for the Portland, Oregon, metro area real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

Posted Monday, September 15, 2008 12:10 PM by Phil Anderson | 0 Comments

2 Story For Sale in Westhampton - 4 bedrooms / 3 baths

Front
Immaculate Craftsman style home

• 2,943 sq. ft., 3 bath, 4 bdrm 2 story - MLS® $549,000

 -  Brazilian cherry floors, HUGE great room, gourmet kitchen w/ stainless steel appliances, 2 fireplaces. Large master bedroom suite w/ Jacuzzi, Butler's Pantry w/ wine cooler, paneled formal dining room and first floor office. 2 large decks, large backyard and professional landscaping!!! Near Gabriel Park and Multnomah Village. A MUST SEE!!!

Property information

Posted Friday, September 12, 2008 1:53 PM by Phil Anderson | 0 Comments

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Latest Market Action for Portland, Oregon, metro area - July, 2008
Looking for the lastest market information for the Portland, Oregon, metro area real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

Posted Thursday, August 14, 2008 12:45 PM by Phil Anderson | 0 Comments

Latest Market Action for Portland, Oregon, metro area - May, 2008

Looking for the lastest market information for the Portland, Oregon, metro area real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

Posted Friday, June 13, 2008 7:03 AM by Phil Anderson | 0 Comments

Latest Market Action for Portland, Oregon, metro area - 2nd Quarter 2008

Looking for the lastest market information for the Portland, Oregon, metro area real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

Posted Friday, May 16, 2008 6:26 AM by Phil Anderson | 0 Comments

Latest Market Action for Portland, Oregon, metro area - 1st Quarter 2008

Looking for the lastest market information for the Portland, Oregon, metro area real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

 

Posted Monday, April 14, 2008 5:48 PM by Phil Anderson | 0 Comments

Latest Market Action for Portland, Oregon, metro area - 4th Quarter 2007

Looking for the lastest market information for the Portland, Oregon, metro area's real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

Posted Friday, February 15, 2008 5:40 PM by Phil Anderson | 0 Comments

Latest Market Action for Portland, Oregon, metro area - 3rd Quarter 2007

Are you looking for the lastest market information for the Portland, Oregon, metro area's real estate?    

Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com

Posted Tuesday, October 16, 2007 1:36 PM by Phil Anderson | 0 Comments

Latest Market Action for Portland, Oregon, metro area

Are you looking for the lastest market information for the Portland, Oregon, metro area's real estate?   Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com


 

Posted Friday, September 14, 2007 3:37 PM by Phil Anderson | 0 Comments

Latest Real Estate Market Data for Portland, Oregon

Are you looking for the lastest market information for the Portland, Oregon, metro area's real estate?   Click here!

Phillip Anderson
Owner/Broker
New Portland Home
(503) 789-8701 Direct

www.NewPortlandHome.com


 

Posted Wednesday, September 05, 2007 1:05 PM by Phil Anderson | 0 Comments

The Truth Will Set You Free
When I got out of college and took my first “real white-collar” job, there were times when I was petrified.  And what scared me the most was having to tell a client bad news.

I, like my colleagues then, and many now, hemmed and hawed, going to elaborate lengths to verbally set up the situation so that when I eventually dropped the bad-news-bomb in a client’s lap they would not go ballistic on me!

At the company where I worked, there was this old, road-weary salesman, Jim.  He was subtle and kind of a loner.  A man of few words.  One day I asked if I could buy him a Coke as I had a question. 

I unloaded on him about an upcoming meeting I had off-site where I got to tell a customer that through no fault of my own, things were not going as planned and shipments would not be occurring as required.

I went through my whole presentation with Jim. I had really worked on this speech, and  frankly, I was very proud of it.  It had 10 main points and some follow up questions, etc.;  took about 5 minutes for me to cover all the bases.  But I knew I was still going to get an chewing at the meeting….

Jim nodded approvingly as I spoke and once I finished, Jim said, “One question, kid....  Why all that blabbering on and on?”

I asked him what he would say in my place.

“Mr. Customer.  The widgets are late getting out of the factory and they won’t be shipped for another 3 months.  We are sorry for the delay.  It was unforeseeable and we will work very hard to get the shipments as soon as possible.  You are MY priority.”

“Phil, people can take the worst news you can imagine if presented to them in an open and honest manner.   Be straightforward.  They will then trust you.”

I often wonder where Jim is now…    He truly gave me a million dollars worth of insight for the cost of soda-pop.


 

Phil


Phillip Anderson

Owner/Broker

New Portland Home            

(503) 789-8701 Direct

www.NewPortlandHome.com

 

Posted Friday, August 24, 2007 3:58 PM by Phil Anderson | 0 Comments

Unexpectedly GOOD news!!!!

In case you've not seen it, today the media is reporting something positive for a change!  Citing the US Commerce Department as their info source, several large news agencies are declaring that new home sales rose last month by 2.8%, which would equate to a pace of selling 870,000* homes per year.  This is a huge change in the direction in which the real estate market has been flowing for the past 2 months. 

(* Real estate analysts were expecting new home sales to drop to approximately 820,000 sales per year.) 

This GREAT NEWS!!!!   Hooray for the market!!!!  Hooray for the consumer!!!! 

Phil

Phillip Anderson

Owner/Broker

New Portland Home            

(503) 789-8701 Direct

www.NewPortlandHome.com

 

Posted Friday, August 24, 2007 12:16 PM by Phil Anderson | 0 Comments

THE YEAR 1907 - The PANIC of 1907! 100 Years Ago!

My mother sent me this email….  I know, I know, and you've probably seen it too…But she’s a very wonderful and sweet woman and is totally hypnotized by the internet and especially these types of spammy/urban mythy emails.   And she’s strong willed!

FYI: Mom’s 73 and won her country club’s Women’s Golf Championship for the fifth time this year (and it’s a GOLF and TENNIS CLUB!!!  Members are all ages and they play for blood!  It’s totally like watching that movie, “300” about the Spartans!).  For those that don’t play golf, (you are wise, as it is an addiction!) this means NEVER bet folding money against my Mom on a golf course.  I wouldn’t!  I just give her the money in the parking lot and she doesn't tell anyone.  After all, she is a southern lady…

Anyway, if you can manage to wade through the (frankly, interesting) facts of the year 1907, I’ve added some information toward the end that I discovered when trying to validate the facts in the original email (I did not end up validating any of it, so you are on your own there!).

Son, 

This will boggle your mind, I know it did mine!  The year was 1907;  One hundred years ago...  What a difference a century makes!   (Your grandmother was born in 1904, for relativity’s sake.)

Mom

                                                                                                                                

In 1907....

*The average life expectancy was 47 years.

*Only 14 percent of the homes had a bathtub.

*Only 8 percent of the homes had a telephone.
*There were only 8,000 cars and only 144 miles of paved roads.  The maximum speed limit in most cities was 10 mph.

*The tallest structure in the world was the Eiffel Tower!
*The average wage in 1907 was 22 cents per hour.
*The average worker made between $200 and $400 per year.
*A competent accountant could expect to earn $2000 per year; a dentist $2,500 per year; a veterinarian between $1,500 and $4,000 per year, and a mechanical engineer about $5,000 per year.
*More than 95 percent of all births took place at HOME .
*Ninety percent of all doctors had NO COLLEGE EDUCATION! Instead, they attended so-called medical schools, many of which were condemned in the press AND by the government as "substandard."

*Sugar cost four cents a pound; Eggs were fourteen cents a dozen; Coffee was fifteen cents a pound.
*Most women only washed their hair once a month, and used Borax or egg yolks for shampoo.
*Canada passed a law that prohibited poor people from entering into their country for any reason.

*Five leading causes of death were:
*Pneumonia and influenza
*Tuberculosis
*Diarrhea
*Heart disease
*Stroke

*The American flag had 45 stars.

*The population of Las Vegas, Nevada, was only 30!!!!

*Crossword puzzles, canned beer, and iced tea hadn't been invented yet.

*There was no Mother's Day or Father's Day.

*Two out of every 10 adults couldn't read or write. Only 6 percent of all Americans had graduated from high school.

*Marijuana, heroin, and morphine were all available over the counter at the local corner drugstores. Back then pharmacists said, "Heroin clears the complexion, gives buoyancy to the mind, regulates the stomach and bowels, and is, in fact, a perfect guardian of health." 

*Eighteen percent of households had at least one full-time servant or domestic help.
*
There were about 230 reported murders in the ENTIRE USA!

OK, thank you for reading the above material.  Some I knew.  Some I didn’t.  And I was sad that there was no direct real estate info in there, so I began searching.

And what I found was gruesome.  Have you heard of “The PANIC of 1907”?   I had not.  Probably due to those rotten public schools, or my purposeful disregard to reading the material assigned therein.

Anyway, “The Panic of 1907” began with a run on the banks (I’m paraphrasing here…I’m NO expert!).  Just like in “It’s a Wonderful Life!”   And there is a wonderful history of the year at the link below.

Where it does tie into our real estate market?  I believe, it shows the somewhat obvious, but here are “the facts, Jack”; That markets are indeed cyclical.  This “Panic” deeply affected the foundations of banks, trust companies, the stock market, and real estate. 

And, it was not the first such panic, (others occurred in 1873, 1884, 1890, and 1893), but was, generally speaking, the last of such significance (hopefully).  This panic led to the creation of the Federal Reserve Bank, which later led to the creation of the FDIC, insuring deposits made at qualifying institutions.

So, does this ring a bell with you regarding the current state of many of our lending institutions?  It does with me!  Maybe we'll be better for it, once we get through it!

We just need stamina and perseverance?  I'm sure my grandmother's mother would say so, were she able.

Anyway, I hope you’ve hung in here this long.  And if not, I totally understand.  It’s a LOT of dry verbiage!  But if you did, please let me know and I’ll pass it along to Mom.  I’m sure she’ll appreciate it, if she’s not too busy petitioning the Olympic Committee for the Beijing games, asking “WHY THE @#$%&!  IS GOLF NOT INCLUDED IN THE SCHEDULE!” 

Yes, her passport is current and she’s ready to kick some rears in China!

Here’s the link:  http://eh.net/encyclopedia/article/moen.panic.1907

Phil

Phillip Anderson

Owner/Broker

New Portland Home            

(503) 789-8701 Direct

www.NewPortlandHome.com

 

Posted Thursday, August 23, 2007 2:32 PM by Phil Anderson | 0 Comments

Your day in Court(house)!

Have you ever had the occasion to visit the courthouse in the county where you?   By "courthouse", I mean the county building which houses your "County Clerk's Office".  (The name varies by state; sometimes called the Recorder's Office, of Hall of Records, etc.)   And there is SO much information there!

Anyone who has done any title work in Texas knows that it is next to impossible to find all the info you need without the help of a title company.  During the 1980s, at the height of the oil-boom for that period, title companies in many parts of Texas were charging $100 AN HOUR for the privilege of using their records.  They rented out chairs in their vaults, and you just waited until one of the 6-10 chairs were vacant.

Interesting:  The families of Texans who gave their lives at the Alamo, where granted large ranches, and those deeds are recorded.  This was all back when Texas was a republic, prior to statehood.   Some legal (land) descriptions for ranches in the 1800s were described as this: "Beginning at the large oak tree near the south branch of Smith Creek, light a cigarette and ride due east until the cigarette is extinguished.   Then ride due south, to the buggy axle which is buried at the base of the rock outcropping near a large pecan tree..."

If you've never set foot in the Clerk's Office, the next time you have an hour and the inclination, do it.  Visit them and ask for the basic "Grand Tour" which will take all of 3 minutes. 

One thing that I've found extremely interesting is looking at the very oldest of their records.  Sales that were made in the 1700s or 1800s.  The calligraphy of the day is impressive (obviously, everything was done by hand.)  In Louisiana, the standard way back then was to charge $1.00 per hundred words if you wanted a copy of a recorded document.  That was because to get a copy of the deed to your property in 1910, a clerk literally had to write it out for you. 

I found a Clerk's office in eastern Louisiana that still was charging that rate in the 1980s, even though they had a copy machine.  And, as you can imagine, deeds have just become longer and longer.  They would charge $20-$30 to make you a Xerox copy of a 10 page document!  And you could pay it, or write out a copy yourself.  What options!

I lived in Boston for a few years and it was pretty neat to look at deeds for property that were parts of our history.  Bunker Hill.  Beacon Hill.  The houses that our founding fathers occupied.   The Warren Tavern in Charlestown.  Harvard.

But, I enjoy reading older deeds for farms and ranches, best.   The sale could include "All crops, as laid, 4 dairy cows, 11 horses, and one cattle dog (breed unknown)".

And in the southern states, references to the sales of human beings were not disguised.  Field hands were listed right along with the other inventory.  A sad, but real part of history.

Anyway, enough of the ramble.  If you've not, you might want to give it a try!

Phil

 

Phillip Anderson

Owner

New Portland Home

A real estate services company

(503) 789-8701 Direct

     

  www.NewPortlandHome.com
Search the Portland Metro MLS!

Posted Tuesday, August 14, 2007 1:55 PM by Phil Anderson | 0 Comments

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