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Portland Blog: This Week in Portland June 5 - June 12 2010

Hey, Portland.  In case you hadn't noticed, it's actually June already.  Are you feeling frustrated and cheated by all of this rain?  Because I am.  I've decided to just ignore it and go out and live June in Portland just like I normally would - outside, and living life to the fullest and enjoying every minute of it.  Besides, we Portlanders are supposed to be impervious to raindrops.  Most of us have adapted to life in the Northwest, eschewing umbrellas, and adopting simple hairstyles that work--rain or shine (which is to say, some of us have given up on "style" in place of "function").  In evolutionary terms, if Portlanders were dogs, we would be the Newfoundland, with a thick coat that sheds water like the back of a duck.  So who cares about a couple raindrops?  

Fortunately, there are plenty of fun things to do in Portland, indoors or outdoors  this week.  And today is supposed to be sunny and 73 degrees (before the rain returns tomorrow).  So get outside, and enjoy it.  This is the last chance to enjoy the Portland Rose Festival (fleet week and starlight parade), and we also have a featured Portland Business with events you won't want to miss: Singing Planet eBike Tours has bicycle tours in and around Portland and surrounding areas this weekend and all summer long.  Electric bikes mean you pedal as little or as much as you want! These electric bike tours of Portland sound like a lot of fun to me - this weekend you can enjoy the Wilsonville Festival of the Arts, or try a tour of the wine country with the Zip and Sip Tour: 

"Zip and Sip – Wine Country Tours - Oregon is vineyard country with over 200 wineries in the Willamette Valley alone. Sample award-winning Pinot Gris and Pinot Noir, among many other varieties, along glorious routes threading through verdant rural landscapes. Oregon's many hobby farms, including llama and alpaca farms, buffalo ranches, and pastures filled with more varieties of nursery stock than anywhere else in the world, provide fascinating scenery as we glide by on our whisper-quiet electric bicycles. Lush tree-covered hills, tranquil ponds, native wildflowers (wild roses, irises, violets, trilliums, etc.) and elegantly landscaped estates line the route. Elk, deer, coyotes, foxes and other species of wildlife are frequently seen. Birds such as peregrine falcons, osprey, great blue herons, meadowlarks and red-winged blackbirds are common sights.  We have created three different Zip and Sip tours in order to sample the best of three different centers of Oregon’s scenic wine country; Yamhill County, McMinnville and Newberg."

Read this blog post to learn more about all of the Portland bike tours scheduled, and call to reserve your spot!  There are still some spots open for this weekend's bike tours.  Just call Singing Planet eBike Tours at  (503) 360-6876.

Speaking of supporting our local Portland small businesses...did you catch the article in Portland Mercury about the latest "Support Local Portland" movement?  It's called Supportland, and it sounds right up our alley. Here is a blurb from the City of Portland's website:

Support Portland Businesses - Supportland

Supportland, a St. Johns start-up, has created a card designed to help both local businesses and consumers. Consumers use the Supportland card to acquire points when they shop at participating local businesses. These points can be spent on other local products and services in the Supportland network. The network is designed to benefit both consumers and business owners by incentivizing local consumption and solidifying a local customer base. Participating businesses and rewards can be found on the Supportland website and a new iPhone app. The beta launch is set for January 1, 2010, and will focus primarily on local businesses in the St. Johns neighborhood, but will soon expand into greater N Portland, NE, SE, NW, SW, and close-by surrounding areas. Interested businesses and individuals can join the network by pre-registering at Supportland’s website. To learn more, go to About Supportland or watch the Supportland Video.

If this takes off, it will be a cool way to support your local Portland businesses as well as get some nice discounts and/or freebies. 

The Portland Photo of the Week

Congrats to Art Richards for yet another great image of Portland, this one the bricks in Old Town, Man on Bike.  Great shot, and thanks for sharing!

Our weekly Portland photo winner scores a $20 gift certificate to a local Portland business.  Art will receive a gift cert to one of our favorite coffee shops of all time, The Red E Cafe. The gorgeous Red E is located in North Portland and is one of the most highly esteemed coffee shops in all of Portland.  Read our review on the Portland coffee scene. There is a reason why our Portland coffee shops and coffee roasters get written up in the New York Times, folks.

Come and upload your Portland photos to the Photo Gallery for your chance to win each week.  Check back to see if your photo is selected for a spotlight in the weekly Portland blog! 

Man on Bike by Art Richards

 

Featured Portland Events this Week

Here are the featured Portland events this week!  Thanks to everyone for adding all the great Portland events to the community events calendar.  You can add your own Portland events directly to the events calendar, here.  Just click "Add an Event" and fill in the details.

Electric Bike Tour - Wilsonville Festival of the Arts - By Singing Planet eBikes Electric Bicycle Tours

Wilsonville Festival of the Arts - 2 Hour Tour
Saturday June 5, 2010 11:00am – 1:00pm

Our tour starts at The Wilsonville Festival of Arts in the Wilsonville Visitor’s Center located in Town Center park. Some of Oregon’s best artist are featured in this annual showcase (www.wilsonvillearts.org). After browsing the art show, we’ll ride along a 10 mile loop which passes through beautiful Graham Oaks Nature Park.   To schedule or get more info, visit: http://www.singingplanetebikes.com/?p=tours

View this Portland Event: Electric Bike Tour, Wilsonville Festival of the Arts 

 

Last Chance Weekend - Portland Rose Festival Fleet Week

Rose Festival Fleet Week Location: Along Tom McCall Waterfront Park's esplanade seawall from the Steel Bridge to Waterfront Village. Admission: Admission is free -- ships are outside the Waterfront Village gates. Fleet Week: Wednesday, June 2 - Sunday, June 6. Naval vessels from the United States Navy, U.S. Coast Guard and the Canadian Maritime Forces arrive from around the world for a four-day visit to the City of Roses. Ship tours will be available daily.

The USS Charleston was the first ship to visit the Portland Rose Festival in 1907 and the navy's annual Rose Festival Fleet Week visitation has been an annual tradition for more than 80 years. Canadian Maritime Forces began visiting the Rose Festival in 1924 and continue to bring ships each year. The Battleship USS Oregon visited the Rose Festival in its final tour before decommissioning in 1925. The mast of the USS Oregon now resides in Tom McCall Waterfront Park.

View this Portland Event: Fleet Week

 

Portland Rose Festival Starlight Parade - June 5, 2010

It's that time of year again!  The Starlight Parade, the Portland Rose Festival's illuminated parade remains one of our most popular events, drawing more than 250,000 spectators to watch sparkling floats, gleaming bands and glowing marching groups wind their way through downtown.

View this Portland Event: Rose Festival Starlight Parade

 

CCA's Joyride - June 5, 2010

The Children’s Cancer Association is proud to bring the newest and most caring motorcycle ride to the region, CCA’s Joy Ride, benefitting CCA’s Caring Cabin. The ride will feature a kick off party Friday June 4th at the NW Portland Ducati dealership where riders and guests will be invited to listen to great music, bid on fantastic auction items and learn more about CCA. Saturday June 5th the ride will begin at Paradise Harley-Davidson lead by KGON’s Iris Harrison, then get your motors running as we head out to the beautiful Oregon Coast. The Joy Ride concludes at CCA’s Caring Cabin, located near Pacific City, Oregon, with special tours of this beautiful property. Learn more about this fantastic event at www.CCAJoyRide.org.

View this Portland Event: CCAs Joyride

 

Zoo Brew - June 5, 2010

Nights at the Oregon Zoo are full of excitement several nocturnal species keep the zoo hopping from sunset to sunrise but usually only the animals get to partake in the fun. On Friday, June 4, humans get to join the party at Zoo Brew, where some of the best beer in the Northwest will combine with one of the greatest bands ever to come out of Oregon: the Crazy 8s.

Tickets to Zoo Brew are $25 and include a commemorative glass and 10 tokens. The festival, sponsored by Willamette Week, runs from 5 to 10 p.m., rain or shine. Proceeds from this years event will support the Zoo To You education program, which helps engage kids in animal education through hands-on learning activities and allows them to get up close with live animals.

Participating breweries are: Alameda Brewhouse, Blue Mountain Cider, BridgePort Brewing Co., Cascade Brewing, Crater Lake Root Beer, Deschutes Brewery, Double Mountain Brewery, Fish Brewing Co., Full Sail Brewing, Hopworks Urban Brewing, Klamath Basin Brewing Co., Kona Brewing Co., Lompoc Brewing Co., Oakshire Brewing, Pale Horse Brewing Co., Redhook Ale Brewery, Seven Brides Brewing, Spire Mountain Cider, Trumer Pils, and Widmer Brothers Brewing Co.

Tickets can be purchased online at www.oregonzoo.org/ZooBrew. Only guests 21 and over will be admitted.

View this Portland Event: Zoo Brew

 

2010 North Portland Graffiti Cleanup

Life Fellowship Church is hosting their 3rd annual Graffiti/Community Clean-up in North Portland. This year Mark Wells Crime Prevention Coordinator and Pastor Edgar of LIFE Fellowship Church are partnering to cover a larger area in our community.

Everyone will meet in the church parking lot at 8:00 a.m. for registration and instruction. There will be coffee by North Star Café for everyone and lunch afterwards. If you have any questions please contact Pastor Edgar at 503-289-8636 or Mark Wells at 503-823-4098

View this Portland Event: North Portland Graffiti Cleanup

 

Portland Rose Society Annual Rose Show, June 10-11, 2010

Lloyd Center - Annual Rose Show - Date: Thursday, June 10 – Friday, June 11, 2010

Location:
Lloyd Center Ice Rink Hours:
1:00 p.m. - 9:00 p.m. (Thursday)
10:00 a.m. - 5:00 p.m. (Friday)

Admission:
$3 — Tickets are now available at Ticketmaster outlets
and at the door
(not available online
or by phone)

Each year the Lloyd Center Ice Rink is transformed into a delightful rose garden for the Annual Spring Rose Show, the largest and longest-running rose show in the nation. The exquisite beauty and fragrances of this yearly show emanate from more than 4,000 blooms. Entry is open to anyone, and all entrants are encouraged. Rose growers from across the Pacific Northwest participate, and some 6,000 spectators from across the country are expected to visit this year's Spring Rose Show. Sparkling trophies go to those entrants who grow the most beautiful roses.


View this Portland Event: Annual Portland Rose Show

 

Portland Blog, Forum Chatter & More

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Moving to Portland

 

Want to add your own two cents to the Portland blog?  Please do!  But please remember to keep it real and community focused. Read our terms of use and don't spam the planet with self promoting material or weird stuff as it will just get deleted.  We have a zero spammer policy to keep the site valuable and hassle free for our members.  Thanks!

 

Madison South Neighborhood Report

By Ross Seligman

Madison South is located in Northeast Portland. It is bordered by the Roseway, Sumner, Parkrose, Hazelwood, Montavilla, and Rose City Park neighborhoods.  For more info, click here.


In my monthly Portland real estate report, I always talk about how each individual neighborhood is a micro-market. If you are looking to buy or sell in a particular neighborhood, the most crucial information that you need to know is what is going on in that neighborhood. In this situation, the overall Portland market report is less important and the national real estate report is just about useless. This posting is a real estate report for the Madison South neighborhood of all homes in all price ranges. Feel free to request particular neighborhoods in which you are interested in buying or selling and I am be happy to do a report, just contact me on this forum or at http://www.propertiesofportland.com.

If you are looking for homes in Madison South, visit this link where you can search for homes by particular neighborhood: Click Here

The first thing you will notice about individual neighborhoods as compared to the overall Portland reports are that the numbers can be wildly different month to month. Basically, the bigger the pool of data you are working with, the smoother the stats become. As we focus on smaller areas, many different things can happen month to month.

On to the report:

Here is the overall chart of inventory, sold, and pending for the Madison South neighborhood from 2/09 to 4/10:



In Madison South, closed sales have dipped slightly over last month while pending sales have risen. Closed sales are at the same level they were last year at this time while pending sales are way up.  In April 2010, there were 20 closed sales, 36 pending sales, and 156 on the market.


More stats for you from your friendly neighborhood real estate statistics nerd:

One year change from April 2009 to April 2010:

Inventory (how many homes on the market for sale): Up .06%
Homes sold: Same as last year.
Homes pending sale: Up 38.5%

Chart for average price per square footage:




In the past 15 months, the average price per square footage in the Madison South neighborhood has been between $104 and $128/sq. ft. In April 2010, the average price per square foot in the Madison South neighborhood was $108. 

One year
change from
April 2009 to April 2010:

Change in Price Per Square Foot:
April 2009: 107
April 2010: 108
Percentage Change: Up 1.6%

Days on Market, Sold/List Price:


This chart is showing us two things. First, how many days on the market that a home is spending, on average, before being sold. In April 2010, the average time on market for a home in the Madison South neighborhood was 94 days. 


The second thing that this chart is showing you is what percentage of the listing price the owners actually are getting when the house is sold. This is a great indication of the pressure on prices.  In April 2010, sellers in Madison South received, on average, 94% of their listing price.

More stats for you:

Change from April 2009 to April 2010:

Time on Market: Down 1.1%
Sold/List price% difference: Up 4.6%

Average price for sale vs. average price of sold:




This chart shows us what the average listing was and what the average sale was. In April 2010, the average price of a house on the market in Madison South was $225,000. The average sale was $206,000.

More stats over one year:

Average active price: Down 1.7%
Average sold price:  No change.

Months of Inventory:




Months of inventory gives a time line of how long it would take for all of the current listings to sell. Anything above 4 months is considered a buyers market. This figure is a good indicator of supply and demand.  April 2010 in the Madison South neighborhood was a buyer's market with 7.8 months of inventory.

By the way, This does NOT mean that it will take 7.8 months for your home to sell. That figure was,
on average in April, 94 days.  Inventory is a figure that means that, if not another home were to come on the market in Madison South from this point forward, in 7.8 months there would not be another home to sell.  They would all be sold.

Visit my website where you can contact me and search all Portland Metro Area listings from the RMLS: http://www.propertiesofportland.com


Click here to read the rest of this report

Best Real Estate Deals in Portland

Every week, Ross shares with us a selection of the best real estate deals in Portland.  Speaking of the Madison South neighborhood, check out this affordable charmer!  Check out the full list of best deals.

5. 2915 NE 92ND AVE Portland, OR 97220 - Madison South - $199,900

See the listing here: http://www.propertiesofportland.com/10043986

 

Did you know there are nearly 100 unique Portland neighborhoods?  Read and learn all about these interesting urban communities.

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That's it for now

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