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Portland Blog: This Week in Portland August 11, 2012

Hey, Portlanders.  Welcome to another edition of our all-local Portland blog!  This weekend in Portland we've got two popular Portland events, The Bite of Oregon, and the Albert Street Fair in NE Portland!



15th Annual Alberta Street Fair Portland


I live in NE Portland, so I am a huge fan of Alberta Street year-round.  For those who aren't familiar with this annual Street Fair, it is one of the biggest, craziest, and most  popular festivals in Portland.  You'll see everything that you love about Portland all packed into a stretch of NE Alberta Street from 10th to 30th Avenues.  From 11am to 7pm Saturdday, August 11, 2012!  250 Street vendors, three stages of entertainment, food/drink, a beer garden, bouncy house, and of course a parade.

 

http://albertamainst.org/street-fair/
Alberta Street Fair Portland Oregon

The Bite of Oregon

August 10-12, Waterfront Park, Portland Oregon.

Fromhttp://www.biteoforegon.com/ This year marks our 29th year supporting Special Olympics Oregon while celebrating Oregon’s magnificent culinary bounty! Renown as Oregon’s premier culinary festival, this three day event features an abundance of mouth watering menu items offered by some of Oregon’s culinary finest. Whether it’s sampling a multitude of small plates or enjoying a meal sized portion, the choices are varied, delicious and plentiful!



Ridefield National Wildlife Reserve by Ealr R. Thomas

Ridgefield National Wildlife Refuge by Earl R. Thomas

From http://www.fws.gov/ridgefieldrefuges/complex/

The Ridgefield National Wildlife Refuge Complex is comprised of four National Wildlife Refuges in southwestern Washington State. These Refuges share the common bond of the lower Columbia River. A once wild and dynamic Columbia River scoured the earth and spread rich soils along its edges and into its floodplain. Floodwaters spilled over these bottomlands and nourished the landscape. Left behind was a mosaic of wetlands, riparian forests, sloughs, wet meadows, and meadows, which sustained a diversity of plants, animals, and fish. In turn, humans have thrived on the River's abundance for thousands of years. Today, these habitats and wildlife resources are protected along the lower Columbia River within the boundaries of the Pierce, Franz Lake, Steigerwald Lake, and Ridgefield National Wildlife Refuges.




South Waterfront Heated Storage offers a State of the Art Self-Storage facility located in Portland, Oregon. This modern day Self-Storage Facility offers extravagant features including: A digital camera surveillance system, personalized customer access codes and individually alarmed unit doors. Also find multiple covered/heated loading areas, freight elevators and a large quantity of flatbed carts; making your moving experience a breeze! 

Just minutes from John’s Landing, Sellwood and Lake Oswego; South Waterfront Heated Storage offers you a convenient location while providing great customer service. Also find moving and packing supplies – Your one stop shopping center!

 www.SouthWaterfrontStorage.com 503.226.7777




Open 7 days a week! Stop in for a cup of coffee and a tour of this cutting edge facility – Great Move-in Specials Available!

Learn how you can receive up to 50% off your 1st 2 Months Rent!


The Portland Photo of the Week

The Portland Photo of the Week is by Earl R. Thomas, "The Flasher".

Our Portland Photo of the Week winner gets a $20 gift certificate to a local Portland business of our choosing. This week our winner is treated to Powells Books, the largest indie bookstore in the world! 


The Flasher by Earl R. Thomas on PortlandNeighborhood Photos

The Flasher -  by Earl R. Thomas



Find more photos like this on PortlandNeighborhood.com


Powell's Bookstore Picks

We love Powells!   Portland Book Review of the Day   Portland eBooks   Powell's Author Interviews

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! 

 


Amuse Yourself

Written by PortlandNeighborhood Guest Writer, Rob Creighton Garrison


I'm reading Chelsea Cain's The Night Season, her fourth novel featuring Portland Police Detective Archie Sheridan and his nemesis, the seductive and vicious serial killer Gretchen Lowell (the fifth in the series, Kill You Twice, has just been released ohmygaw!)

I love this series, not the least because Portland itself could easily be included in the cast of characters.  Cain rarely mentions a facet of the city without lingering for a bit, allowing her readers to pick it up and hold it for a time, get to know it ourselves.  She obviously loves the city, but she's never slavish in her affections and often this lovely, willfully quirky town serves as a target for her sardonic wit.

In The Night Season, one venerable institution serves as the prominent backdrop early in the story:  Oaks Amusement Park.

Do I need to tell you that it's a fave destination among the kids in our 'hood?  If you've been there yourself, I think not.  Do I need to tell you that the park is one hundred and seven years old?  Maybe, since Americans by and large are more interested in how new something is rather than how old.  But when you look around while at the park, there is undeniably a sense of longevity and permanence.  It wouldn't be out of place to spy a bowler or a bustle in the crowd (well, this is Portland, so your chances are fairly good anyway).  But think of that.  It's possible that for your great-grandparents, there has always been Oaks Amusement Park.  Even floods can't keep it down.

Kids and amusement parks.  My ears.

Myself, I don't have the inner ear for a lot of these rides, and some of the names suggest that I not even look directly at them while they're in operation.  The Screaming Eagle?  I have a white-fingered grip on my bike's brakes going down a hill, so no, thank you.  The Eruption?  You wanna see an eruption, put me on that thing.

It's difficult not to get caught up in the excitement though, watching kids queue up to have their equilibriums and stomachs tested, seeing how closely terror and delight are linked for a child.

Of course there's food, the kind that make your physician weep in frustration, so what more temptation do you need?  For the health and/or wallet conscious, there are picnic facilities as well so you can enjoy a lunch you built yourself, with a river view.  That's my kind of ride right there.

Like skating?  The park has a rink.  Like to watch some skating of the more contusive variety?  Come to The Hangar for some Rose City Rollers warfare on wheels.

This place is great for both the outer and the inner child.  Dang it.  It's a nice day out.  Work sucks.  I wanna go NOW.






Featured Portland Events this Week

Each week, we feature a handful of member-added events to the blog.  You can always add your own Portland events directly to the Portland events calendar.  Visit http://community.portlandneighborhood.com/events 



Clear Skies and Cloudy Days: Artwork and Explorations by Susie Ghahremani

August 10, 2012 at 6pm to September 2, 2012 at 6pm – Land Susie Ghahremani, the award-winning illustrator renowned for her Boygirlparty® line of artwork and products, will be exhibiting at the Land Gallery in Portland, Oregon from August 10-September 2, 201 Organized by Land | Type: art, show

Beaumont Elementary School Reunion and Field Day

August 11, 2012 from 10:30am to 3pm – Beaumont Middle School If you attended Beaumont Elementary School in the late 60s and 70s, before it became a middle school, you're invited to attend a Beaumont reunion on Saturday, August 11, 10:30am-12pm at Beaumont Midd Organized by Ellyn Terry and Alicia Hasson | Type: reunion

Beaumont Reunion and Field Day

August 11, 2012 from 10:30am to 3pm – Beaumont Middle School Beaumont Elementary School Reunion and Community Field Day!  A reunion brunch will be held 10:30am-12pm for alumni who attended Beaumont when it was still an elementary school.  A traditional Beaumon Organized by Ellyn Terry | Type: reunion

15th Annual Alberta Street Fair

August 11, 2012 from 11am to 7pm – "NE Alberta St" One of the best summer festivals in Portland, the 15th Annual Alberta Street Fair. http://albertamainst.org/street-fair/ In addition to local vendors, musicians, artisans and local businesses, Albert Organized by Alberta Street Fair | Type: alberta street fair

Saturday Imbibing Tour

August 11, 2012 from 12pm to 4pm – Portland Breweries: Coalition, Hopworks, Breakside & Lompoc Side Bar Our Saturday Imbibing tour is a good mix of learning about beer and the brewing process and having a great time. The tour visits four different Portland breweries, but we only get one, very detailed Organized by Brewvana - Portland Brewery Tour | Type: brewery tour

Jim Henson: Muppets, Music & Magic - Sesame Street at 40

August 11, 2012 at 3:30pm to August 12, 2012 at 7pm – The Hollywood Theatre Sesame Street at 40 - 8/11 + 8/12 - This best-of compilation features dozens of classic moments in the forty-year history of the show, including excerpts from the first episode, celebrity guests (Lil Organized by The Hollywood Theatre | Type: family, film

Jim Henson & Friends: Inside the Sesame Street Vault

August 11, 2012 at 7:30pm to August 14, 2012 at 11pm – The Hollywood Theatre Inside the Sesame Street Vault - 8/11 +  8/14 - This super entertaining program highlights the contributions of Jim Henson and his early SESAME STREET collaborators Frank Oz, Jerry Nelson, Fran Brill Organized by The Hollywood Theatre | Type: family, film

Jim Henson: Commericals and Experiments

August 11, 2012 from 7:30pm to 9:30pm – The Hollywood Theatre This program is a collection of experimental shorts, crazy commercials, and other rarities from the Henson vault. Highlights include: a legendary commercial and industrial film for Wilson’s Meat that Organized by The Hollywood Theatre | Type: family, film

Red Raven Follies present "The Fool's Journey"

August 11, 2012 from 8pm to 10pm – the Vagabond's Theatre Vaudeville act offers Tarot-themed evening of fun and frolic at the Vagabond's Theatre NE Alberta & 19th, vaudeville performers the Red Raven Follies will present “The Fool’s Journey Roadshow” Organized by Rose City Vaudeville | Type: vaudeville, variety, show


August Portland Real Estate Report

August 2012 Portland Oregon Real Estate Market Report: What's Happening?

Here is a chart of all homes for sale, pending for sale, and sold in Portland, Oregon for the last 15 months:

In July 2012, inventory has risen slightly with 2006 homes on the market.   In July 2012, 654 homes sold and 832 are pending for sale. 

Yearly change from July 11 to July 12:

Inventory is Down 27.1%

Closed Sales are Up .3%.

Pending sales are Up 45.5%.

Chart for average price per square footage:

In the past 15 months, the average price per square foot in Portland, Oregon has been between $128 and $146. In July 2012, the average price per square foot in Portland was $144.

Yearly change from July 11 to July 12:  Up 6.2%

 

Days on market and 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 all of Multnomah County, in all price ranges, a home is taking, on average, 53 days to sell. The other thing that this chart shows is what percentage of listing price the home, on average, is selling at. This is a great indicator of pressure on prices. In July 2012, sellers were getting, on average, 96% of their original asking price.

Yearly change from July 11 to July 12:

Average time it takes to sell a home has decreased 25.4%.

The percentage of original listing price that was paid has increased 3.2%.

 

Average price for sale vs. average price of sold:

In July 2012, the average price of a home that sold was $301,000.  The average price of a home that was listed was $384,000.  This does not mean that a home that was listed for $384,000 sold for $301,000.  The listed homes didn't necessarily sell.  For the sold/list price percentage, look at the 'Days on Market' graph.  In July 2012, this figure was 96%.

Yearly change from July 11 to July 12:
The average price of a home listed has increased 5.2%.
The average price of a home sold has increased 9.1%.
 
Months of inventory:

Months of inventory gives a timeline of how long it would take for all of the current listings to sell. Anything above 4 months is considered a buyers market. In July 2012, this figure was 3.6 months based on closed sales. Portland is currently, on average, a balanced market. This does NOT mean that it will take, on average, 3.6 months for your home to sell. That number was, on average in all price ranges, 53 days.   It means that, if not a single listing were to come on the market in Portland from this moment, it would take 3.6 months for all available homes to sell before there would be none left.
 
Yearly change from July 11 to July 12:
The months of inventory figure has decreased 27.3%.
About the report:

 

This is a comparison of the past 15 months (including a percentage change analysis for the last 12 months) for all of Portland and are taken directly from the RMLS. What follows is my own analysis of these statistics. For our purposes, I thought it best to analyze Portland as a whole. Each neighborhood, however, is a little micro-universe and has its own market. Changing the parameters of the zip codes, price variables, or time periods can lead to very different results. This analysis is of all homes sold in all price ranges in Portland, Oregon. If you have any questions about specific zip codes, or any questions about the market in general, please reply to this forum with those questions or feel free to contact me at: http://www.propertiesofportland.com. Since Portland is a neighborhood city, you can now search by "Irvington, Alberta, etc.". You can check it out by clicking here.


This information doesn't matter if you have a particular neighborhood in mind since Portland neighborhoods are their own micro-markets. If you have one in mind to buy or are selling your home, please request a report for that neighborhood and I am happy to post it on this blog or send it to you.  The complete Portland report is useful for an overall snapshot of the Portland market.  Hey everyone, I want to know what you think of these reports. Too many stats? Just right? Something missing? Let me know so I can make these more useful for you. What are your thoughts about real estate right now? What do you think of the information in this report? Post to this blog so we can discuss. Visit our website where you can contact us and search all Portland Metro Area homes for sale from the RMLS in Portland, OR, including school and neighborhood reports: http://www.propertiesofportland.com


Best Deals in Portland this Week

Each week Ross and Leah share five great Portland real estate deals from their listings.

The Best Deals in Portland This Week: August 6th - August 13th

1. 2124 SE 29TH AVE Portland, OR 97214 - Richmond - $1,500,000

Click the image to see the listing

 

2. 3220 SW UPPER CASCADE DR Portland, OR 97205 - Arlington Heights - $850,000

Click the image to see the listing

 

3. 2432 NE HALSEY ST. Portland, OR 97232 - Sullivan's Gulch - $547,000

Click the image to see the listing

 

 4. 416 NW 13TH AVE #603 Portland, OR 97209 - Pearl District - $449,750

Click the image to see the listing

 

5. 1455 N Killingsworth ST #405 Portland, OR 97217 - Overlook - $181,900

Click the image to see the listing

 

Visit our website where you can contact us and search all Portland metro area homes for sale and real estate from the RMLS, including neighborhood and school information:  www.propertiesofportland.com


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

 


 

That's it for now

We hope you enjoy reading our weekly Portland blog.  Want to see more or less of something?  Let us know!  Once again, thanks for being here and making this Portland website such an asset to the community!  If you love this site as much as we do, tell your friends!  Have a great weekend!

PS -- Want to read back issues of this blog?  Here ya go!

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