Just Listed – Mid Century Gem

Mid-Century Gem

3355 Hadley St NE | Salem, Ore 97301

Offered at $240,000 | MLS #762616

3 Bedrooms | 1 Bathroom | 1176 SF | 8000 SF Lot

 

First time ever on the market, this beautifully cared for mid-century gem is located on a delightful block. Features original hardwood floors & chandeliers, w/ new luxury tile flooring in kitchen and bathroom. Large open living and dining room accented with grand picture windows and brand new custom tiled fireplace. Brand new stove, dishwasher, & new paint throughout interior. Charming covered front porch, great sun exposure in spacious yards & gardens with mature roses. Large detached garage.

Want to get pre-qualified during the times of Covid-19..?

There are a few tips  I would like to leave current Portland, Oregon residents  who are ready to buy or sell their homes, during the times of Covid-19.

 

Best 7 Questions to ask your Lender :

  1. Are you a direct lender ?

      2. Are you a correspondent lender or broker?

     *Please note, in my opinion, direct lender is usually best.

      3. Are you a local lender?

      4. Is the loan going to be fully underwritten?

      5. What are the current interest rates and can I lock in my rate?

     6. If my parter is affected by COVID-19, could I still qualify?

     7. Be honest, disclose your current working / employment situation with lender. Ask if it is better for you to pre-qualify for the loan individually?

     **The lenders are the experts who will give you the most realistic feedback regarding your ability to pre-qualify.

This video is created by Steph Noble, an amazing local lender here in Portland.

There are some mind- shift changes occurring within the current Real Estate Market during the time of Covid-19.

See link below for the full Video from Steph Noble, Local Portland Lender, Guild Mortgage.

 

 

Stability of interest rates, April 2020

The Feds interest right now is to solely  stabilize the mortgage baked securities for interest rates.

The Feds will increase and decrease their buying based off what is needed to keep the interest rates stable.

Their commitment is to keep rates stable.

The buying of mortgage backed securities is so powerful right now , it is out impacting any other economic factors.

Typically, when we have good or bad economic news, there is an impact to interest rates, the Feds buying mortgage backed securities is out-weighting any of those other economic factories regarding interest rates.

–You may have heard that the Feds are pulling back on what they are buying ?

Even with them pulling back as needed, to keep rates stable,  currently, the feds are buying back double what is being produced.

 

If you have any more questions or comments please reach out to me or Steph Noble directly!

https://www.livingroomre.com/agents/meline-khachatourian/

 

 

Gratitude Abounds!

Sometimes you just get lucky. Really lucky. This was that kind of lucky you have when you meet someone and you’re just like, “yes,” these are my people. That was what it was like when I met this amazing couple.

Making the move to Portland from New York is a big one, but these two took their time to learn the city and definitely fell in love. So it happened, like we do when we fall in love with someone or someplace, they decided to move in. No more toothbrush at your place kind of scenario… the real deal. It was time to buy a house. We had our list and it was fairly specific. I thought for sure we’d look for a month or so to get a feel for what’s out there so they could see what their options looked like. Then wildfire. They walked in to the first house and that was it, they begrudgingly looked at one more, but there was no reason to waste time – we needed to get an offer in on this house!

We worked our way through a couple of difficult issues but they were unflappable and so calm and kind, it was a dream. I look forward to the housewarming party and am excited for them to start their new adventures as homeowners in the city they fell in love with.

JUST LISTED ~ TRULY UNIQUE MIDCENTURY TREEHOUSE!

Perched on a hill above greenspace, this home is truly unlike no other.  The wall of windows fills the home with natural light and makes you feel like you are living in the trees. The vaulted open beam, wood ceilings and incredible floor to ceiling rock fireplace are focal points of it’s high end mid-century modern architecture.

Designed and built by Willard E. Schwarz in 1964 at which time the home was awarded the distinction of being a Gold Medallion Home, for innovative use of electricity. This two bedroom two bath treehouse backs up to George Himes park, is just 5 minutes from downtown in the Parkhill neighborhood exactly one mile from Hillsdale proper and Wilson High.

The flexible living space affords many possibilities. Perhaps the lower level could be converted to additional living space and used for a family member or as a rental, either long term or Airbnb.

6555 SW Parkhill Drive Portland, Ore. 97239

Open Houses Saturday & Sunday

$479,000

Flyover Video

 

Orange Ya Glad You Found This Lovely Lents Ranch!

5144 SE 85th Ave. Portland, Ore. 97266

This lovely Lents ranch has been skillfully restored and features beautiful hardwood floors, a gorgeous tiled bathroom, a charming kitchen and a light filled dining area with brand new vinyl flooring. Add the fresh paint throughout and this place sparkles!

The mini splits for warmth and air conditioning, plus the newer double pane windows and the deep attic insulation earned this charming ranch a Home Energy Score of 8!

The gigantic fenced yard has a brand new 7′ cedar fence along the south side, a delightful covered patio and is ready for your backyard farming, entertaining and/or to add that ADU you’ve been dying to build.

OFFERED AT: $314,500

2 BEDROOMS | 1 BATH | BUILT 1951

 

The Path to Enlightenment is Paved with Trees

Study nature, love nature, stay close to nature. It will never fail you. — Frank Lloyd Wright

Have you ever wondered why nature is so calming? When I feel stressed and about to reach my breaking point, I crave the tranquility of verdant wooded areas to help clear my head and leave me recharged.

Recent studies have proven that spending time in green spaces can lower our blood pressure and even alleviate anxiety and depression. This research has played a major roll in cities choosing to invest in parks and gardens that break up vast concrete jungles and create healthy areas for their inhabitants.

With all that in mind, it’s no wonder that the stunning southwest Portland home I had the pleasure of selling recently was so popular. In fact it went pending in just four days. As you step inside, among the open floor plan and stylish details, the huge windows showcase the forest that surrounds you. Thoughtfully designed sliding doors give way to an expansive deck surrounded by a peaceful thicket of trees.

Just moments to some of my favorite local spots to experience the restorative power of greenery. The Portland Japanese gardens, the Rose Garden, and the Hoyt Arboretum are all perfect places to take a breather. Step inside and immediately feel calm, centered and focused.

If you are looking for your next dream home, or need to sell your current home to make that move, I’d love to be a resource for you! Give me a call and let’s talk about how to make that dream a reality. In the meantime take a walk outside, breath in the outdoors that surrounds you, and remember that there is only now.