You’re Invited to a Continuing Education Class at Inhabit

Please join us for a Fidelity National Title class on:

Thursday January 15th at 3pm.

“The Business of the Successful Real Estate Practice”

by Paul. W. Kingland, CPA

The concept of the back-end administrative components behind an individual’s real estate practice has often caused confusion for brokers of all  practice for success with valuable information from a CPA on tax rates, auto production levels.

Learn about how to position your expenses, deductions, a new office in the home rule, and much more!

Light Snacks Provided 

Please RSVP here. 

Burgers, Brews and Buying a House

This is the first event in a series of informative discussions geared towards building community and gather knowledge about current topics in Portland…while we eat burgers in our lovely back patio.

You’re invited for burgers and brews. Wednesday August 27th at 5:30pm. A free informative discussion on navigating Portland’s housing market. A sharp and informative homebuyer discussion chocked full of real world knowledge, financial insight, and confidence building information. 

You’ll learn about Portland homebuyer programs, tax credits, how to shop strategically, as well as financial insights of homeownership.

RSVP REQUIRED

Send RSVP to Emilie@inhabitre.com — 503.762.7958


TOPICS TO INCLUDE:

  • Current Portland Purchase Market insights & insider information·
  • Portland’s most valuable down payment assistance grant explained – up to 5% cash grant of purchase price for down payment & closing costs – available state wide
  • How to confidently qualify for a home loan
  • How to potentially secure $5,000 in down payment assistance
  • Portland MCC first time homebuyer tax credit
  • Financing and down payment options compared
  • How to shop smartly and shrewdly
  • First Time Homebuyer loan programs & opportunities
  • The home buying process from start to finish

Vince Kingston is a local mortgage advisor in Portland, Oregon with Eagle Home Mortgage.  Vince is a Portland Housing Center certified lending partner and one of the few area loan officers able to offer the full suite of first time homebuyer financing and tax credit opportunities including the MCC first time homebuyer tax credit, Oregon Bond loan, MAP 80 100% financing, 203K rehab financing, and more.  Vince has worked as a first time homebuyer advocate by offering first time homebuyer opportunities many local lenders are unable to offer.  You won’t find a loan officer more dedicated to meeting the needs of first time homebuyers.

Vince Kingston, Eagle Home Mortgage

Inhabit’s Opening Party a Success

What a party!

Now that we have all had a chance to recover from our Grand Opening event, we want to thank everyone for coming out and christening our new space.

If you were unable to make it, please feel free to stop by when you’re in the neighborhood, or drop us a line at info@inhabitre.com. Inhabit is currently interviewing agents and we welcome all inquiries! Inhabit is a progressive real estate brokerage located in the heart of Division Street’s burgeoning walking district. We offer beautifully designed semi-private and shared workspaces, along with a private conference room and an outdoor patio. We look forward to sharing our space with like-minded Realtors.

A special thank you to our new neighbors!

We had great support from our neighbors & Southeast business partners: Floare provided spectacular floral decorations, American Local delivered amazing bites of food, not to mention our tapped Hopworks keg and wine from Cyril’s Clay Pigeon. We’d also like to thank Pilot Wealth Management, American Local, Floare and Sunshine Tavern for donating gift certificates toward our door prizes.

Door Prize Winners!

  • Chris Dorr of Re/Max – iPad Mini!
  • Michelle Koury of Realty Trust – American Local Gift Certificate
  • Jacob Hailey of HomeStreet Bank – Imperial Tap Growler & Gift Certificate
  • Michael Palinsky of Reside Realty – Ava Gene’s Gift Certificate
  • Dan Powell of Metropoint Real Estate- 2 hours of business coaching from Pilot Wealth Management
  • Steph Noble of NW Mortgage – Sunshine Tavern Gift Certificate
  • Crystal Meza of Residential Realty NW – Terrarium workshop at Floare

Now it’s time to start planning our next party; our friends and client Opening Bash! Stay tuned for more details!

Inhabit’s Award Winning Interior Designer

This past weekend at the 15th Annual Northwest Design Awards Ceremony in Seattle, Kim Hagstette of Maven Interiors was awarded first place in the largest category of the night, “Small Design Firm Luminary.”  Luminary is defined as ‘a person who inspires or influences others, especially one prominent in a particular sphere’.

There’s no doubt that Kim/Maven Interiors creates inspirational spaces and the design work done at the Inhabit office is no exception. We love our space and are eager to share it with our clients and more brokers.  Congrats to Kim for your award, and thank you for all the work you’ve done to make Inhabit’s space so great.

Real Estate Industry Open

Thursday, March 13th is our Industry Opening Party! Stay tuned for the announcement of our friends, family and client party.

 Inhabit Real Estate Inhabit Real Estate’s  Industry Grand Opening Party When: Thursday, March 13, from 4:00 PM – 7:30 PM Location: 3121 SE Division St. Portland, OR 97202  [map] We’d love for you to come check our new space and open patio located in the heart of Division.   Sample bites catered by neighbor  The American Local , imbibe local beer and wine, and listen to the funky jazz beats of Portland’s  True North . We will be giving away gift certificates from our favorite Division neighbors like  Ava Genes , Imperial Taproom ,  Salt & Straw ,  St. Honore , and  SE Wine Collective . Also, you can enter our drawing to  win an iPad Mini .  Please  RSVP  using the Eventbrite button below or call us at  503.762.7958 .  Hope you can make it!  If you can’t, feel free to stop by for a cup of coffee anytime. We’d love to chat. Sincerely, Eric Hagstette, Chylese Austin and   The Inhabit Real Estate Team RSVP  on Eventbrite

As the snow and ice melt away… so do the distressed sales

New research from RMLS shows that the percentage “distressed” property sales & listings in our local and regional market continues to dwindle, making up just a small portion of our sales. “Distressed” properties, often referred to as “foreclosures” (technically named REO or bank owned) and short sales (when debt on a property exceeds market value) were certainly a factor in the market a couple years ago. However, in the Portland metropolitan area, urban planning from years past and lack of sprawl have somewhat insulated our property owners from the total devastation that other over built markets experienced as a result of the housing meltdown.

With that said, we continue to hear rumors and rumblings of “the shadow inventory” (the stock piles of foreclosed properties that the banks might be sitting on). Does this shadow exist? Who knows??? But with barely 3 months of housing inventory and the voracious appetite of the buyers shopping the market, we feel pretty good about the stability of our market. At Inhabit, we coach our clients to play by the #1 rule of real estate: LOCATION, LOCATION, LOCATION! Purchasing property in the right location should keep you liquid and “in demand” in good markets and bad.

Portland metro when comparing percentage share of the market 2012 to 2013:

  • Comparing ’12 to ’13, distressed sales as a percentage of closed sales decreased from 28.2% to 13.2%.
  • New listings rose from 32,011 to 35,524 which is a 11.0% increase.
  • Short sales comprised 6.4% of new listings and 8.0% of sold listings in 2013, down 5.7% and 4.3% from 2012 respectively as a percentage of the market.
  • Bank owned/REO properties comprised 3.3% of new listings and 5.2% of sales in 2013, decreasing from 10.4% and 15.9% respectively in 2012.

Below is a chart showing  the number of bank owned/REO and short sales in all areas of the RMLS system during 2013.

For more numbers and information, visit http://rmlscentral.com

Portland is the best, according to movoto.com

Those of us living in Portland know how great it is. Motovo.com took a compilation of it’s Big Deal Scores from 15 of their national-level top 10 cities lists published in 2013 and averaged them out to produce an overall score for each city for the entire year. Portland ended up NUMBER 1 on the list.

Movoto’s 10 Best Cities in America 2013 By Movoto Real Estate