3333 SW HEATHER LN - HP

Page 1


3333SWHEATHERLN

OWNER NAME: Zell,LaurenKTrustTrust

VESTING:

MAILING ADDRESS: 3450SacramentoSt#606SanFranciscoCA94118

OWNER STATUS: Non-owneroccupied

COUNTY: Multnomah CENSUS / BLOCK: 005800/4003

TSP - RNG - SEC: 01S-01E-08 LOT / BLOCK: 28/

HOUSING TRACT: BrentwoodPark

ALT PARCEL #: R100201400

SCHOOL DISTRICT: PORTLAND

MUNICIPALITY: Portland PARCEL #: R120887

DATE:DATE: SALE PRICE:SALE PRICE: DOCUMENT #:DOCUMENT #: DOC TYPE:DOC TYPE: SQUARE FOOT $:LENDER:

TERM:

GROSS AREA: 3,489

LIVING AREA: ABOVE GRADE:

BEDROOMS: 3

BATHROOMS (F/H): 3/1

FIREPLACE: 1

YEAR BUILT: 1948

PARKING TYPE: Att

UNITS:

BASEMENT: 1,125

GARAGE AREA: 396

ROOF SHAPE:

FOUNDATION:

ROOF MATERIAL: CompositionShingle

CONSTRUCTIONS:

HEAT TYPE: Forcedairunit

COOLING TYPE:

EXTERIOR WALL: Combination

ROOMS: QUALITY:

INTERIOR WALL:

PORCH TYPE:

PATIO TYPE:

AIR COND: Y

FIXTURES:

FLOOR:

EQUIPMENT:

STORIES: 2

POOL:

CONDITION: Good

LAND USE: Single-Family,Residential,Imp

ZONING: Residential10,000

COUNTY USE: ResidentialImproved LOT ACRES: 0.14 STATE USE: LOT SQ FT: 6,000

LEN / WID:

ASSD YEAR: 2024

ASSD VALUE: $863,690

TAXABLE VAL:

TAX YEAR: 2024

LAND VALUE: $415,650

MKT VALUE: $863,690

TAX AREA: 001

IMP VALUE: $448,040

EXEMPTIONS:

PROPERTY TAX: $16,376.77

IMPROVED %: 52

DISTRICT:

ASSESSORMAP

STREET

AERIALMAP

CITY Y BOUNDARY Y MAP P

SCHOOLS

ELEMENTARYSCHOOLS

NAME: AinsworthElementarySchool CHARTER SCHOOL: No

ADDRESS: 2425SwVistaAve

CITY, STATE, ZIP: Portland,OR97201

PHONE: (503)916-6288

GRADES: Kindergarten-5thGrade

NAME: HayhurstElementarySchool

ADDRESS: 5037SwIowaSt

CITY, STATE, ZIP: Portland,OR97221

(503)916-6300

Kindergarten-8thGrade

MIDDLESCHOOLS

NAME: GrayMiddleSchool

ADDRESS: 5505Sw23RdAve

CITY, STATE, ZIP: Portland,OR97239

PHONE: (503)916-5676

GRADES: 6thGrade-8thGrade

NAME: WestSylvanMiddleSchool

ADDRESS: 8111SwWestSlopeDr

CITY, STATE, ZIP: Portland,OR97225

PHONE: (503)916-5690

GRADES: 6thGrade-8thGrade

HIGHSCHOOLS

NAME: LincolnHighSchool

ADDRESS: 1750SwSalmonSt.

DESCRIPTION: 11-City:Large

0.75mile(s)

ONE: 2-No

CHARTER SCHOOL: No

11-City:Large

1.78mile(s)

ONE: 2-No

CHARTER SCHOOL: No

DESCRIPTION: 11-City:Large

1.51mile(s)

ONE: 2-No

CHARTER SCHOOL: No

13-City:Small

2.37mile(s)

ONE: 2-No

CHARTER SCHOOL: No

SCHOOL: CITY, STATE, ZIP: Portland,OR97205

PHONE: (503)916-5200

GRADES: 9thGrade-12thGrade

NAME: IdaB.Wells-BarnettHighSchool

ADDRESS: 1151SwVermontSt

CITY, STATE, ZIP: Portland,OR97219

PHONE: (503)916-5280

GRADES: 9thGrade-12thGrade

1.50mile(s)

CHARTER SCHOOL: No

DESCRIPTION: 11-City:Large

2.06mile(s)

ONE: 2-No

Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2018-19 finishing in 2022-23 .

State Goals

Students

District Goals

The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% on-time graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.

Portland Public Schools, our goals are to provide safe, student-centered learning experiences by utilizing differentiated teaching and tools for the success of all students. We collaborate to support a primary focus on teaching and learning and the creation of dynamic, joyful learning environments. We strive to engage all students, their families and the community at large. We are fundamentally committed to social justice and to closing student achievement gaps.

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school level rates.

At

Safe & Welcoming Environment

We work hard to make our school a place where all students and families feel welcome and included. We celebrate our community’s diversity and we honor this diversity in our learning activities. We understand how important it is to keep our students feeling safe, both physically and emotionally, when they are with us.

State Goals

The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.

School Goals

Our focus is on literacy and math fluency, with the aim of refining our instructional strategies and providing all students with the skills they need to be ready to succeed in college and careers. We strive to provide a welcoming environment and equitable opportunities for students of all races, genders, and home languages. We encourage you to contact us with any questions, concerns, or information that will help us ensure success for your students.

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school

LANGUAGE ARTS

About Our School

COMMUNITY ENGAGEMENT

We appreciate our community neighbors and want them to feel welcome to join us in supporting the success of our students. Please contact us if you and your community organization are interested in providing support, and we will be happy to talk with you about options.

PARENT ENGAGEMENT

Our school offers several meetings each year where we invite families to attend. The meetings are to discover what your children are learning at school, to see examples of their good work, and to learn ways that you can help them succeed at school. We will inform you of these school events and celebrations through our newsletters and other media. Please check our website for details about these events.

EXTRACURRICULAR ACTIVITIES

Our school offers a variety of extracurricular activities. Check our website for details about specific activities.

BULLYING, HARASSMENT, AND SAFETY POLICIES

Portland Public Schools has created policies to help our schools provide safe environments for every student. This includes teaching students and staff about bullying and harassment, and providing methods to report and respond to any of these incidents. We have a PPS threat assessment team to help address reports of safety concerns. We also support the district-wide implementation of Positive Behavioral Interventions and Supports (PBIS), and Restorative Justice practices through our Multi-tiered System of Supports (MTSS) department.

Safe & Welcoming Environment

We work hard to make our school a place where all students and families feel welcome and included. We celebrate our community’s diversity and we honor this diversity in our learning activities. We understand how important it is to keep our students feeling safe, both physically and emotionally, when they are with us.

State Goals

The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.

School Goals

Our focus is on literacy and math fluency, with the aim of refining our instructional strategies and providing all students with the skills they need to be ready to succeed in college and careers. We strive to provide a welcoming environment and equitable opportunities for students of all races, genders, and home languages. We encourage you to contact us with any questions, concerns, or information that will help us ensure success for your students.

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school

LANGUAGE ARTS

About Our School

COMMUNITY ENGAGEMENT

We appreciate our community neighbors and want them to feel welcome to join us in supporting the success of our students. Please contact us if you and your community organization are interested in providing support, and we will be happy to talk with you about options.

PARENT ENGAGEMENT

Our school offers several meetings each year where we invite families to attend. The meetings are to discover what your children are learning at school, to see examples of their good work, and to learn ways that you can help them succeed at school. We will inform you of these school events and celebrations through our newsletters and other media. Please check our website for details about these events.

EXTRACURRICULAR ACTIVITIES

Our school offers a variety of extracurricular activities. Check our website for details about specific activities.

BULLYING, HARASSMENT, AND SAFETY POLICIES

Portland Public Schools has created policies to help our schools provide safe environments for every student. This includes teaching students and staff about bullying and harassment, and providing methods to report and respond to any of these incidents. We have a PPS threat assessment team to help address reports of safety concerns. We also support the district-wide implementation of Positive Behavioral Interventions and Supports (PBIS), and Restorative Justice practices through our Multi-tiered System of Supports (MTSS) department.

Students

COLLEGE GOING

Students enrolling in a two or four year college within 12 months of completing high school in 2021-

Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2018-19 finishing in 2022-23

Students earning a diploma within four

includes

who were first-time ninth graders in 2019-20 graduating in 2022-23

Safe & Welcoming Environment

We work hard to make our school a place where all students and families feel welcome and included. We celebrate our community’s diversity and we honor this diversity in our learning activities. We understand how important it is to keep our students feeling safe, both physically and emotionally, when they are with us.

State Goals

Decrease from previous year 1%

School Goals

The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.

Our focus is on literacy and math fluency, with the aim of refining our instructional strategies and providing all students with the skills they need to be ready to succeed in college and careers. We strive to provide a welcoming environment and equitable opportunities for students of all races, genders, and home languages. We encourage you to contact us with any questions, concerns, or information that will help us ensure success for your students.

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school level rates.

TO GRADUATE

About Our School

PARENT & COMMUNITY ENGAGEMENT

Our school offers several meetings each year where we invite families to attend. The meetings are to discover what your children are learning at school, to see examples of their good work, and to learn ways that you can help them succeed at school. We will inform you of these school events and celebrations through our newsletters and other media. Please check our website for details about these events. We appreciate our community neighbors and want them to feel welcome to join us in supporting the success of our students.

EXTRACURRICULAR ACTIVITIES

Our school offers a variety of extracurricular activities. Check our website for details about specific activities.

CAREER & TECHNICAL EDUCATION

District-wide we have 60 state-approved CTE programs of study. Career clusters include Architecture and Construction, Health Services, Information Technology, Manufacturing, and others. As part of these programs, we facilitate career learning experiences for students such as guest speakers, field trips, job shadows, etc. Visit our CTE web page for additional information: https://www.pps.net/Domain/190

ADVANCED COURSEWORK

Most high schools in Portland Public Schools offer Advanced Placement or International Baccalaureate courses in several subject areas. In addition, students have the option to earn college credit for some classes.

CI TY Y OF F P ORTLAND D

652,503$40,1463549.54%50.46%

Portlandis thelargest cityin theU.S. stateofOregonand theseatofMultnomah County. It is a majorportin theWillamette Valleyregion of thePacific Northwest, at the confluenceof the WillametteandColumbia rivers. As of 2020, Portland had a population of 652,503, making it the 25th most populated city in the United States, the sixth-most populous on the West Coast and the second most populous in the Pacific Northwest, after Seattle. Approximately 47% of Oregon’s population resides within the Portland metro area.

SCHOOL DISTRICTS SCH

Portland David Douglas Reynolds Centennial Parkrose Riverdale

HOUSING

53.75% of homes owner occupied

46.25% of homes rented

POPULATION DENSITY

4,375.2 inhabitants per sq. mile

265,439 housing units at an average density of 1,989.4 per square mile

HISTORY

AGE DEMOGRAPHIC

21.1% under age 18

10.3% between ages 18 to 24 34.7% between ages 25 to 44 22.4% between ages 45 to 64

11.6% above age 65

CITY QUICK FACTS

Largest city in Oregon

145 square miles

50 feet elevation

25th most populous city in the US Highest Average Temperature 81.1 Lowest Average Temperature 35.2

Named after Portland, Maine, the Oregon settlement began to be populated in the 1830s near the end of the Oregon Trail. Its water access provided convenient transportation of goods, and the timber industry was a major force in the city's early economy. At the turn of the 20th century, the city had a reputation as one of the most dangerous port cities in the world, a hub for organized crime and racketeering.

ME TRO O AREA A BASE E MAP P

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

PORTLAND D UTILITIES S

Emergency Police/Medical/Fire

911

Poison Control (800) 222-1222 www.aapcc.org

United States Postal Service (800) 275-8777

www.usps.com

Xfinity (800) 266-2278

www.xfinity.com

Ziply Fiber (866) 699-4759

www.ziplyfiber.com

Verizon (800) 483-4100 www.verizon.com

AT&T (800) 288-2020 www.att.com

CenturyLink (866) 963-6665

www.centurylink.com

Dish Network (800) 318-0572 www.dish.com

DIRECT TV (800) 531-5000 www.directtv.com

The Oregonian (503) 221-8240 www.oregonlive.com

TRI-MET (503) 238-7433 www.trimet.org

Northwest Natural Gas (800) 422-4012 www.nwnatural.com

Portland General Electric (503) 228-6322 www.portlandgeneral.com

City of Portland Water District (503) 823-4874 www.portland.gov/water

City of Portland Sewer District (503) 823-7770 www.portland.gov

Arrow Sanitary www.arrowsanitaryservice.com

Portland School District (503) 916-2000

www.pps.k12.or.us

CHANGEOFADDRESS

USPS

Belowisthewebsiteifyouwouldliketochangeyouraddressonlineoryoucanvisityour localpostoffice,theywillprovideyouwiththechangeofaddresspacket. https://moversguide.usps.com

Benefitsyouwillreceivewhenyouchangeyouraddressonlineare:

Exclusivemoversavingscoupons

Safeandsecurewithidentityverificationbyasimple$1.00chargetoyourcreditordebit card

Emailconfirmationattheendofregistrationofyourchangeofaddress

*Musthavevalidemailaddressandcreditcardtoregisteronline.

AUTOREGISTRATIONANDDRIVERLICENSING

Belowisthewebsiteifyouwouldliketochangeyouraddressonlineoryoucanvisityour localDMVoffice.

OregonDepartmentofTransportation DMVServices 1905LanaAvenueNE Salem,OR97314-0100 www.oregondmv.com/oregon/index.htm

GeneralDMVInformationContact: 503-299-9999

VOTERSREGISTRTION

TOREGISTERTOVOTE,YOUMUSTBE:

AcitizenoftheUSA

AresidentofOregon

ALegalResidentofOregonStateatleast18yearsofageonorbeforethenextelection.

HOWTOREGISTER

ToregistertovoteonlineyouwillneedanOregondriver'slicense,permitorIDcard numberissuedbytheOregonDriverandMotorVehicleServicesDivision(DMV).

IfyoudonothaveanOregondriver'slicense,permitorIDcard,youcanstillusetheonline voterregistrationapplication.Theinformationyouenterwilldisplayonavoterregistration card(PDFdocument)thatyouwillneedtoprint,signanddelivertoyourcountyelections officetocompleteyourregistration.

REGISTRATIONDEADLINE

Anewregistrantmustsubmittheironlineregistrationby11:59:59p.m.PacificTimeonthe 21stcalendardaybeforeanelectiontobeeligibletovoteinthatelection.

CHANGEOFADDRESS

Ifyoumovetoanewcounty,youmustcompleteanewvoterregistration,otherwiseyou mustrequestatransferofyourregistration.

ClackamasCountyVoterRegistration:503-655-8510

MultnomahCountyVoterRegistration:503-988-3720

WashingtonCountyVoterRegistration:503-846-5800

MOVINGCHECKLIST

UTILITIES

Electric

NWNaturalGas WaterDistrict

SewerDistrict

GarbageProvider

Cable/Satellite Fuel(Propane)

PhoneServices

Internet

FINANCIAL

BanksandCreditUnions

CreditCardCompanies (includingdepartmentstorecreditcards)

Lenders

(Mortgage,HomeEquity,Auto,StudentLoans) InsuranceCompanies

(Health,Renters,Auto,Home,Medical,Dental,Disability,Life)

Retirement (Pensionplans,401K,SocialSecurity,VeteransAffairs)

Investments (InvestmentAgenciesandBrokers)

OnlineBillPayer Paypal

GOVERNMENT

USPostOffice

DepartmentofMotorVehicles

(Obtainyourdriver’slicenseandchangevehicleregistration)

IRS PassportOffice

VeteranAffairs UnemploymentOffice (Ifyouarecurrentlyreceivingunemploymentbenefits)

HEALTH

Physician Pharmacies

SERVICEPROVIDER

Childcare HousecleaningServices DeliveryServices LawnCareServices Veterinarian PoolService

MEMBERSHIPS

HealthClubs

MembershipClubs (AAAorsimilar) CommunityGroups (PTA,NeighborhoodAssociations,CivicClubs) Children’sExtracurricular Activities (DanceClasses,MusicLesson,SportsClubs)

SUBSCRIPTIONS

Newspapers

Magazine (USPSwillonlyforward2months)

MovieSubscriptions

BookorMusicClubs

OTHER

FriendsandFamily Employers (typicallynotifytheHRDepartment)

MOVINGCHECKLIST

8WEEKBEFOREYOUMOVE

InventorySheets:Createaninventorysheetofallyour belongingswhichneedtobemoved

ResearchMovingOptions:You’llneedtodecideifyoursisa do-it-yourselfmoveorifyou’llbeusingamovingcompany.

RequestMovingQuote:Solicitmovingquotesfromasmany movingcompaniesandmoversaspossible.Therecanbea largedifferencebetweenratesandserviceswithinmoving companies.

DiscardUnnecessaryItems:Movingisagreattimefor riddingyourselfofunnecessaryitems.Haveayardsaleor donateunnecessaryitemstocharity.

PackingMaterial:Gathermovingboxesandpacking materialforyourmove.

ContactInsuranceCompanies:You’llneedtocontactyour insuranceagenttocancel/transferyourinsurancepolicy.

1

1WEEKBEFOREYOUMOVE

1 WEEK

Your USPS Office

YourChangeofAddress:Changeyouraddresswiththe USPS,DMV,FinancialInstitutions,Utilities,Government Offices,HealthCareServiceProviders,Memberships, SubscriptionsandInsuranceProvisions.

BankAccounts:Transferorclosebankaccountsifchanging banks.Makesuretohaveamoneyorderforpayingthe movingcompany.

ServiceAutomobiles:Ifautomobilesaretobedrivenlong distance,you’llwanttohavethemservicedsoyouhavea trouble-freedrive.

CancelServices:Notifyanyremainingserviceproviders (newspapers,lawnservices,etc.)ofyourmove.

TravelItems:Setasideallitemsyou’llneedwhiletraveling. Makesurethesearenotpackedonthemovingtruck..

ContactUtilityCompanies:Setutilityturnoffdate,seek refundsanddepositsandnotifythemofyournewaddress.

4 WEEK BEFO

4WEEKBEFOREYOUMOVE

Start Packin location

4

StartPacking:Beginpackingallthingsdestinedforyournew location.

Obtain You dentist and retaining an records or m

ObtainYourMedicalRecords:Contactyourdoctor,physician, dentistandothermedicalspecialistswhomaycurrentlybe retaininganyofyourfamily’smedicalrecords.Obtainthese recordsormakeplansforthemtobedeliveredtoyournew medicalfacilitiesifchanging.Securityiscriticalofpersonal records.

NoteFoodInventoryLevels:Checkyourcupboards, refrigeratorandfreezer.Useupasmuchofyourperishable foodaspossible.

SmallEngines:Servicesmallenginesforyourmoveby extractinggasandoilfromthemachines.Thiswillreduce thatchancetocatchfireduringyourmove.

ProtectJewelryandValuables:Transferyourjewelryand valuablestoasafetydepositbox;youdon’twantthemtobe lostorstolenduringyourmove.

BorrowedandRentedItems:Returnitemsthatyoumay haveborrowedorrented.Collectitemsborrowedtoothers.

*

MOVINGDAY

MOVING DA

Plan Your the house

Someone

PlanYourItinerary:Makeplanstospendtheentiredayat thehouseoratleastuntilthemoversareontheirway. Someonewillneedtobearoundtomakedecisions.Make plansforkidsandpetstobeatasittersfortheday.

ReviewtheHouse:Oncethehouseisempty,checkthe entirehouse(closets,attic,basement,etc.)toensureno itemsareleftornohomeissuesexist.

DoubleCheckWithYourMover:Ensurethemoverhasthe newpropertyaddressandallofyourmostrecentcontact information,shouldtheyhaveanyquestionsduringyour move.

VacateYourHome:Makesureutilitiesareoff,doorsand windowsarelockedandnotifyyourrealestateagentyou’ve vacatedtheproperty.

QuestionsToAsk:Whereisthegaragedooropener?Where arethekeystothehouse,mailboxandotherlockablearea? Didyouretrieveallkeysfromneighborsandfriends?

THEHOMEDEPOT

(800)466-3337 www.homedepot.com

Beaverton (503)469-4242 4401SW110thAve. Beaverton,OR97005

S.Beaverton (503)646-1525 13700NWSciencePk.Dr. Portland97229

Clackamas (503)774-6372 9300SE82ndAve. HappyValley,OR97086

Hillsboro (503)693-9090 1950SEMinterBridgeRd. Hillsboro97123

JantzenBeach (503)289-9200 1728NTomahawkIslandDr. Portland97217

OregonCity (503)723-3181 2002WashingtonSt. OregonCity,OR97045

E.Portland (503)261-8543 10120SEWashingtonSt. Portland97216

NEPortland (503)252-0188 11633NEGlenWidingDr. Portland97220

Sherwood (503)925-8447 20260SWPacificHwy. Sherwood,OR97140

Tigard (503)639-3500 14800SWSequoiaParkway Tigard97224

MOVINGRESOURCES

THEHOMEDEPOTCONTINUED

Troutdale (503)674-3944 25101SEStarkSt. Troutdale,OR97060

LOWES

(800)466-3337 www.lowes.com

Hillsboro (503)844-6200 1951SE24thAve. Hillsboro,OR97123

Milwaukie (503)794-2500 13631SEJohnsonRd. Milwaukie97222

Portland (503)737-3000 1160NHaydenMeadowsDr. Portland97217

Tigard (503)624-2644 12615SW72ndAve. Tigard,OR97223

WoodVillage (503)667-1005 1000NEWoodVillageBlvd. WoodVillage,OR97060

DONATIONFACILITIES

Goodwill (800)741-0186 locator.goodwill.org

TheSalvationArmy (800)958-7825 www.salvationarmyusa.org

ValueVillage (800)958-7825 www.valuevillage.com

MOVINGTRUCKRENTALS

Budget (800)462-8343 www.budgettruck.com

Penske (888)996-5415 www.pensketruckrental.com

Ryder (800)297-9337 www.ryder.com

U-Haul (800)468-4285 www.uhaul.com

STORAGECOMPANIES

NWSelfStorage www.nwselfstorage

PublicStorage (800)906-0879 www.publicstorage.com

Pods (888)309-8967 www.pods.com

TRANSFERSTATIONS Garbage/Recycling

MetroCenter (503)234-3000 www.oregonmetro.gov 6161NW61stAve. Portland,OR97210

MetroSouth (503)234-3000 www.oregonmetro.gov 2001WashingtonSt. OregonCity,OR97045

AIRPORT

PortlandInternationalAirport (877)793-4690 www.flypdx.com

AUTO&DRIVERREGISTRATION

DMV

(503)945-5000 www.odot.state.or.us/dmv/

BUSSERVICE

C-Tran (360)695-0123 www.c-tran.com

Greyhound (800)231-2222 www.greyhound.com

Tri-Met (503)238-7433 www.tri-met.org

CABLETV&INTERNET

Verizon (888)881-8161 www.verizon.com

XFINITY(Comcast) (800)934-6489 www.comcast.com

CITYCONTACT

Banks (503)324-5112 www.cityofbanks.org

Beaverton (503)526-2222 www.ci.beaverton.or.us

Canby (503)266-4021 www.ci.canby.or.us

RESOURCEGUIDE

CITYCONTACTCONTINUED

Cornelius (503)357-9112 www.ci.cornelius.or.us

Damascus (503)658-8545 www.ci.damascus.or.us

Estacada (503)630-8270 www.cityofestacada.org

Fairview (503)665-7929 www.ci.fairview.or.us

ForestGrove (503)359-3200 www.ci.forest-grove.or.us

Gaston (503)985-3340

Gladstone (503)656-5225 www.ci.gladstone.or.us

Gresham (503)661-3000 www.ci.gresham.or.us

HappyValley (503)760-3325 www.ci.happy-valley.or.us

Hillsboro (503)681-6100 www.hillsboro-oregon.gov

KingCity (503)639-4082 www.ci.king-city.or.us

LakeOswego (503)635-0270 www.ci.oswego.or.us

Milwaukie (503)786-7525 www.ci.cityofmilwaukie.org

CITYCONTACTCONTINUED Molalla (503)829-6855 www.cityofmolalla.com

NorthPlains (503)647-5555 www.northplains.org

OregonCity (503)657-0891 www.ci.orcity.or.us

Portland (503)823-4000 www.portlandonline.com

RiverGrove (503)639-6919

Sandy (503)668-5533 www.ci.sandy.or.us

Sherwood (503)625-5522 www.ci.sherwood.or.us

Tigard (503)639-4171 www.ci.tigard.or.us

Troutdale (503)665-5175 www.ci.troutdale.or.us

Tualatin (503)692-2000 www.tualatinoregon.gov

WestLinn (503)657-0331 www.westlinnoregon.gov

Wilsonville (503)682-1011 www.ci.wilsonville.or.us

WoodVillage (503)667-6211 www.ci.wood-village-or.us

COUNTYCONTACTS

Clackamas (503)655-8011 www.co.clackamas.or.us Taxation (503)655-8671

Multnomah (503)248-3511 www.co.clackamas.or.us Taxation (503)988-3326

Washington (503)846-8611 www.co.clackamas.or.us Taxation (503)846-8741

ELECTRICITY

PacificPower (888)2217070 www.pacificpower.net

PortlandGeneral (800)542-8818 www.portlandgeneral.com

HOSPITALS

AdventistMedical (503)257-2500 www.adventisthealthnw.com

DoernbecherChildren’s Hospital (503)494-8311 www.ohsu.edu

LegacyGoodSamaritan (503)413-4683 www.legacyhealth.org

LegacyEmanuel (503)413-2200 www.legacyhealth.org

RESOURCEGUIDE

HOSPITALSCONTINUED

LegacyMeridianPark (503)692-1212 www.legacyhealth.org

LegacyMt.Hood (503)674-1122 www.legacyhealth.org

KaiserPermanenteSunnyside (503)813-2000 www.kaiserpermanente.org

KaiserPermanenteWestside (503)813-2000 www.kaiserpermanente.org

OHSU (503)494-8311 www.ohsu.edu

ProvidenceMilwaukie (503)513-8300 www.providence.org

ProvidencePortland (503)215-1111 www.providence.org

ProvidenceSt.Vincent (503)216-1234 www.providence.org

ProvidenceWillametteFalls (503)656-1631 www.providence.org

Shriner’sHospital (503)241-5090 www.shrinershq.org

TualityCommunity (503)681-1111 www.tuality.org

TualityForestGrove (503)357-2173 www.tuality.org

NATURALGAS

NWNatural (800)422-4012 www.nwnatural.com

NEWSPAPERS

TheColumbian (360)694-3391 www.columbian.com

TheOregonian (503)221-8240 www.oregonlive.com

WillametteWeekly (503)243-2122 www.wweek.com

RECREATION

ConventionCenter (503)235-7575 www.oregoncc.org

ExpoCenter (503)736-5200 www.expocenter.org

Mt.HoodMeadows (503)337-2222 www.mthoodmeadows.com

OMSI (503)797-4000 www.omsi.edu

OregonZoo (503)266-1561 www.oregonzoo.com

PortlandInternational Raceway (503)823-7223 www.portlandraceway.com

PortlandArtMuseum (503)266-2811 www.pam.org

RESOURCEGUIDE

RECREATIONCONTINUED

ProvidencePark (503)553-5400 www.providenceparkpdx.com

RegalCinemas (800)FANDANGO www.regalcinemas.com

ModaCenter (503)797-9619 www.rosequarter.com

WillametteJetboat (503)231-1532 www.willamettejet.com

SHOPPING

BridgeportVillage (503)968-1704 www.bridgeport-village.com

CedarHillsCrossing (503)643-6563 www.cedarhillscrossing.com

ClackamasTownCenter (503)653-6913 www.clackamastowncenter.com

ColumbiaGorgeOutlets (503)669-8060 www.premiumoutlets.com/ columbiagorge

LloydCenter (503)282-2511 www.lloydcenter.com

Mall205 (503)255-5805

PioneerPlace (503)228-5800 www.pioneerplace.com

SHOPPINGCONTINUED

StreetsofTanasbourne (503)533-0561 www.streetsoftanasbourne.com

WashingtonSquare (503)369-8860 www.shopwashingtonsquare.com

WoodburnOutlets (888)664-SHOP www.woodburncompanystores.com

TELEPHONESERVICE

Verizon (800)483-4100 www.verizon.com

AT&T (800)288-2020 www.att.com

TRANSFERSTATIONS

MetroCenter (503)234-3000 www.oregonmetro.gov 6161NW61stAve. Portland,OR

MetroSouth (503)234-3000 www.oregonmetro.gov 2001WashingtonSt. OregonCity,OR

ClackamasCounty (503)668-8885 www.wmnorthwest.com 19600SECanyonValleyRd. Sandy,OR

VOTERREGISTRATION

Clackamas (503)655-8510

Multnomah (503)248-3720

Washington (503)846-5800

WATERBUREAU

Beaverton (503)526-2257

Clackamas (503)722-9220

Gladstone (503)656-5223

Gresham (503)618-2373

Hillsboro (503)681-6228

LakeOswego (503)635-0265

Milwaukie (503)786-7525

OregonCity (503)657-8151

Portland (503)823-7770

Tigard (503)639-1554

Tualatin (503)692-2000

WestLinn (503)656-4261

Wilsonville (503)682-1011

CYBERSECURITY

Becauseofyou…weobsessovercybersecurity!

Cyberfraudandemailhackingareontherise.Fraudstersmayaccessindividualemail accountsandmonitorthelifeofyourtransaction.Atthetimefundsareduetothe escrow,fraudstersintercepttheinformationforwiringfunds,andthefraudsterschange theinformationwithouttheknowledgeofthesenderorrecipient,resultinginthefunds beingsenttoanoutsideaccountandnevercreditedtotheintendedparty.

Toprotectandreduceyourrisk,WFGhasimplementedthefollowingproceduresfor outgoingandincomingwires:

OutgoingWirefromWFGtosellerorborrowerforproceeds Intheescrowpaperworkprovidedyouwillbeaskedtoprovidewritteninstructions onhowyouwantfundsdueyousenttoyouatthecloseofescrow.Ifyouchooseto havethefundssentviawiretransfer,WFGwillcontactyoubyphonetoconfirmthe wireinformationprovided.

IncomingWiresfromthebuyerand/orlendertoWFGbankaccount

ForfundsthataretobewiredtoWFGforyourtransaction,wewillsendspecificwire instructionstotheremittingpersonviaanencryptedemail.Werecommendyou reachouttoyourWFGcontacttoconfirmthewireinstructionspriortoremittance.

Welookforwardtoprocessingyourescrowtransactionforyou.Weknowthatthiscan beastressfultimeandweareheretoassistyouinanywaywecantomakethisagood experience.

http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/

OWNERSTITLEINSURANCE

Whyit'simportant

Financiallyspeaking,thedecisiontobuyahomeisoneofthebiggestdecisionsaperson willlikelyevermake.

Owner’stitleinsuranceinsuresthat,whenthepurchaseisclosed,thebuyeristheownerof andhasmarketabletitletotheproperty,hasaccesstothehome,andtherearenoliens, claims,orrestrictionsonthebuyer’sproperty,otherthanthemortgagethebuyeragreesto pay.

Ifthepreliminarytitlesearchuncoverspotentialproblems,abuyercanrequirethatthose problemsbesatisfactorilydealtwithbeforeclosingonthehome.

Inaddition,owner’stitleinsuranceprotectsbuyersagainstamyriadofrisksthatnoteven themostcarefultitlesearchcanuncover,includingthingssuchforgeddocuments, undisclosedormissingheirsofapreviousowner,fraud,willdisputes,andunrecorded claimsofmanytypes.

Withoutowner’stitleinsurance,thelegalcoststoresolvesuchtitleclaimscouldeasilybein thetensofthousandsofdollarsandwouldhavetobepaidoutofpocketbythebuyer-not tomentionthestressthatsuchsituationswouldcausetothebuyer.

Owner’stitleinsuranceisoneofthemostaffordableinsurancepoliciesapersoncanever buy.Unlikeotherformsofinsurance,thereisonlyaone-timefeeatclosingforthepolicy, whichfinanciallyprotectsthebuyer’sinvestmentforaslongasthebuyerorthebuyer’s heirsownthehome.

So,ifsomeonetellsthebuyerthatowner’stitleinsuranceis“optional”,thatcertainlydoes notmeanthatthebuyershouldnotgetit.Virtuallyeverylenderrequireslender’stitle insurance,butthatinsurancedoesnotprotectthebuyer.

Inordertosafeguardthebuyer’sinvestmentintheproperty,whichispossiblythemost importantinvestmentthebuyerwillevermake,owner’stitleinsuranceisabsolutelycritical.

WHATISESCROW?

UnderstandingtheEscrowProcess

Anescrowisanarrangementinwhichaneutralthirdparty(theescrowagent)assembles andprocessesmanyofthecomponentsofarealestatetransaction,recordsthetransaction, andultimately,disbursesanddistributesfundsaccordingtothebuyers’,sellers’and lenders’instructions.YourtransactionistypicallyclosedbyanEscrowOfficer.People buyingandsellingrealestateusuallyopenanescrowfortheirprotectionandconvenience. Boththebuyerandsellerrelyontheescrowagenttocarryouttheirwritteninstructions relatingtothetransactionandtoadvisethemifanyoftheirinstructionsarenotmutually consistentorcannotbecarriedout.Iftheinstructionsfromallpartiestoanescroware clearlydrafted,theescrowofficercanproceedonbehalfofthebuyerandsellerwithout furtherconsultation.Thissavesmuchtimeandfacilitatestheclosingofthetransaction.

TYPICALROLESINTHECLOSINGPROCESS

TheSeller/Agent

DeliversafullyexecutedPurchaseSale Agreementtotheescrowagent. Executesthepaperworknecessarytoclosethe transaction.

TheBuyer/Agent

Depositscollectedfundsrequiredtoclose(in withtheescrowagent.

Approvesthecommitmentfortitleinsurance,or otheritemsascalledforbythePurchaseSale Agreement.

Executesthepaperworkandloandocuments necessarytoclosethetransaction.

TheLender

Depositsloandocumentstobeexecutedbythe buyer Depositstheloanproceeds. Directstheescrowagentoftheconditions underwhichtheloanfundsmaybeused

TheEscrowAgent

ClearsTitle

Obtainstitleinsurance Obtainspayoffsandreleasedocumentsfor underlyingloansontheproperty Receivesfundsfromthebuyerand/orlender. Preparesvestingdocumentaffidavitonseller’s behalf.

Proratesinsurance,taxes,rents,etc.

Preparesafinalstatement(oftenreferredtoas the“HUDStatement”or”SettlementStatement”) foreachparty,indicatingamountspaidin conjunctionwiththeclosingofyourtransaction. Forwardsdeedtothecountyforrecording. Oncetheproperdocumentshavebeen recorded,theescrowagentwilldistributefunds totheproperparties.

InSummary

Escrowistheprocessthatassemblesandprocesses manyofthecomponentsofarealestatetransaction. Thesaleisofficiallyclosedwhenthenewdeedis recordedandfundsareavailabletotheseller,thus transferringownershipfromthesellertothebuyer. Theescrowagentisaneutralthirdpartyactingon behalfofthebuyerandseller.

WHATISTITLE?

AboutTitleInsurance

Titleisabundleofrightsinrealproperty. Protectingpurchasersandlendersagainstloss isaccomplishedbytheissuanceofatitle insurancepolicy.Usually,duringapurchase transaction,thelenderrequestsapolicy (commonlyreferredtoastheLender’sPolicy) whilethebuyersreceivetheirownpolicy (commonlyreferredtoasanOwner'sPolicy).

Inshort,thepolicystatesthatifthestatusof thetitletoaparcelofrealpropertyisother thanasrepresented,andiftheinsured(either theownerorlender)suffersalossasaresultof atitledefect,theinsurerwillreimbursethe insuredforthatlossandanyrelatedlegal expenses,uptothefaceamountofthepolicy, subjecttoexceptionsandexclusionscontained inthepolicy.

Typicallytherearetwopoliciesissued.The Mortgagee’sPolicyinsuresthelenderfor theamountoftheloan.TheOwner’sPolicy insuresthepurchaserofthepurchaseprice.

Howistitleinsurancedifferentfromothertypes ofinsurance?

Whilethefunctionofmostotherformsof insuranceisriskassumptionthroughthe poolingofrisksforlossesarisingoutof unforeseenfutureevents(suchassicknessor accidents),theprimarypurposeoftitle insuranceistoeliminaterisksandprevent lossescausedbydefectsintitlearisingoutof eventsthathavehappenedinthepast.To achievethisgoal,titleinsurersperforman extensivesearchandexaminationofthepublic recordstodeterminewhetherthereareany adverseclaims(titledefects)attachedtothe subjectproperty.Saiddefects/claimsareeither eliminatedpriortotheissuanceofatitlepolicy

ortheirexistenceisexceptedfromcoverage. Yourpolicyisissuedaftertheclosingofyour newhome,foraone-timenominalfee,andis goodforaslongasyouowntheproperty.

What’sinvolvedinatitlesearch?Atitlesearchis actuallymadeupofthreeseparatesearches:

ChainofTitle–Historyoftheownershipofthe subjectproperty

TaxSearch–Thetaxsearchrevealsthestatusof thetaxesandassessments

JudgmentandNameSearch–Searchesfor judgmentandliensagainsttheowners’and purchasers’names

Oncethethreesearcheshavebeencompleted,the fileisreviewedbyanexaminerwhodetermines:

WhetherornottheChainofTitleshowsthatthe partysellingthepropertyhastherighttodoso. Thestatusoftaxesforthesubjectproperty.The TaxSearchwillalsoindicatetheexistenceofany specialassessmentsagainstthelandand whetherornottheseassessmentsarecurrentor pastdue.

Whetherthereareanyunsatisfiedjudgmentson theJudgmentandNameSearchagainstthe previousowners,sellers,orandpurchasers.

Rightsestablishedbyjudgmentdecrees, unpaidfederalincometaxesandmechanicliensall maybepriorclaimsontheproperty,aheadofthe buyer’sorlender’srights.Thetitlesearchwillonly uncoverdefectsintitlethatareofpublicrecord,thus allowingthetitlecompanytoworkwiththesellerto clearuptheseissuesandprovidethenewbuyer withtitleinsurance.

InSummary

Afterthesearcheshavebeenexamined, thetitlecompanywillissueacommitment, statingtheconditionsunderwhichitwillinsure title.Thebuyer,sellerandthemortgagelender willproceedwiththeclosingofthetransaction afterclearingupanydefectsinthetitlethat havebeenuncoveredbythesearchand examination. .

WHOPAYSWHATINOREGON

SELLERPAYS

TYPICALCOSTS

Thefollowingcostsgenerallyaffectalltransactions:

EscrowFee-one-halfofthefee,basedontitlecompany’s feeschedule

RecordingFees-basedoncountyfeeschedule TitlePremium-basedonfixedstatewidefeeschedule RealEstateCommission-basedonagreementwith Broker

TaxProrate-toapportiontaxesbetweenpartiesasof dateofclosing

GeneralCosts-aslistedforeachspecifictransaction,as requestedbyprincipals

Releasefeesforloanpayoff(s)

LANDSALECONTRACTTRANSACTION

AttorneyFee-optional,andissometimessharedwith purchaser

CollectionEscrowSetupFee-optional,andisoften sharedwithpurchaser

ASSIGNMENTOFCONTRACTFORASSUMPTIONOFLOAN TRANSACTION

Anydelinquentpaymentstobringcontractorloan current

Prorateshareofcurrentmonth’sinterestbasedon currentrate

CONVENTIONAL,FHA,VALOANTRANSACTIONS

Anyclosingcost(notexpensesofpropertyorloan interest)negotiatedonbehalfofthepurchaser,subject tolender’sapproval

FHA,VALoans-checkwithlenderforanyapplicable sellercosts

BUYERPAYS

TYPICALCOSTS

Thefollowingcostsgenerallyaffectalltransactions: EscrowFee-one-halfofthefee,basedontitlecompany’s feeschedule

RecordingFees-basedoncountyfeeschedule FireInsurancePremium-mandatorywhenanylenderis involved,includingtheseller’slender

TaxProrate-toapportiontaxesbetweenpartiesasof dateofclosing

GeneralCosts-aslistedforeachspecifictransaction,as requestedbytheprincipals

LANDSALECONTRACTTRANSACTION

AttorneyFee-optional,andissometimessharedwith seller

CollectionEscrowSetupFee-optional,andissometimes sharedwithseller RecordingFee-forcontractormemorandumthereof

ASSIGNMENTOFCONTRACTFORASSUMPTIONOFLOAN TRANSACTION

AssumptionorAssignment Nextmonthlypaymentdue,ifrequiredbylender RecordingFee-forAssumption/Assignmentof Agreement,ifrequiredbylender

CONVENTIONAL,FHA,VALOANTRANSACTIONS

Lenderstitleinsurancepolicy&endorsements,as requiredbylender

LoanFee-asrequiredbylender CreditReportFee-asrequiredbylender AppraisalFee-asrequiredbylender

MortgageInsurancePremium-basedonfeeschedule andendorsementsoflender

PrepaidInterest-ifrequiredbylender VALoansonly-fundingfee,ifrequiredbylender FHA,VA,andsomeConventionalLoans-reservesforreal propertytaxes,fireinsuranceandmortgageinsurance

DISCLAIMER:Thisflyerisnotintendedtobeanall-inclusivelistoffeesandchargesoneverytransaction,butratheraguidetothemajorcostsofbuyingorselling realproperty.WFGwouldbehappytoreviewandexplainyourclosingcostpriortofinalizingthetransactions.

TITLEVESTING Commonwaystoholdtitletorealproperty

ASANINDIVIDUAL

Anindividualmayholdtitleinhisorhernameonly,regardlessofwhetherornotmarried–e.g.“JaneSmith,an individual”.Thatindividualthenownsallrightstotheproperty,whichcanbesoldortransferredtoothersviawill ortrust.Whileadivorceispending,however,ifthepropertywasacquiredduringthemarriageitwilllikelybe treatedaspartofthemaritalestateandthusbesubjecttocourtauthority.

ASTENANTSBYTHEENTIRETY

Aconveyancetoahusbandandwifecreatesatenancybytheentirety–e.g.“JohnSmithandJaneSmith, husbandandwife,astenantsbytheentirety”.Thiscreatesasurvivorshipestate,whichmeansthatifonespouse dies,his/herinterestwillautomaticallygotothesurvivingspouse.Ahusbandandwifemayalsotaketitleas tenantsincommon(discussedbelow)iftheintentiontoholdtitleinthatmannerisexpresslystated.

ASTENANTSINCOMMON

Unlessaconveyanceexpresslyprovidesthatthepartiesintendtocreateasurvivorshipestate(discussedbelow), aconveyancetotwoormorepersonswhoarenotmarriedcreatesatenancyincommoninwhicheachhas (unlessotherwisestated)anequalundividedinterestintheproperty–e.g.“JohnSmithandRobertJones,as tenantsincommon,eachastoanundivided50%interest”.Eachtenantincommonthenownsanundivided interestintheentireproperty,whichcanbesoldortransferredtoothersviawillortrust.

ASASURVIVORSHIPESTATE

Twoormorepersonswhoarenotmarriedmayalsoholdtitleastenantsincommonwitharightofsurvivorship, aslongasthesurvivorshipdeclarationisexpresslycontainedinthedeed–e.g.“JohnSmithandRobertJones, notastenantsincommon,butwiththerightofsurvivorship”.Thiscreatesasurvivorshipestate,whichmeans thatifonepartydies,his/herinterestwillautomaticallygotothesurvivorandcannotbesoldduringthelifetime ofortransferredviawillortrustbythepartywhodiesfirst.

ASREGISTEREDDOMESTICPARTNERS

Registereddomesticpartnersmaytaketitleas(i)tenantsincommon–e.g.“JaneSmithandMaryJones, registereddomesticpartners,astenantsincommon,eachastoanundivided50%interest”,or(ii)ina survivorshipestatesimilartothatofatenancybytheentirety–e.g.“JaneSmithandMaryJones,asregistered domesticpartnerswithrightofsurvivorship”.

ASASAMESEXMARRIEDCOUPLE

Samesexmarriedcouplesmaytaketitleas(i)tenantsincommon–e.g.“JohnSmithandRobertSmith,a marriedcouple,astenantsincommon,eachastoanundivided50%interest”,or(ii)inasurvivorshipestate similartothatofatenancybytheentirety–e.g.JohnSmithandRobertSmith,amarriedcouplewithrightof survivorship,or(iii)astenantsbytheentirety–e.g.“JohnSmithandRobertSmith,amarriedcouple,astenants bytheentirety”.

ASANENTITY

Aregisteredentity,suchasacorporation,limitedliabilitycompanyorpartnership,mayholdtitle.Titleshouldbe heldexactlyasthenameisregisteredwiththeOregonSecretaryofState–e.g.“Smith&Jones,LLC,anOregon limitedliabilitycompany”.

DISCLAIMER–Theforegoingcontainsinformationalexamplesonlyandisnottobeconstruedaslegaladvice.Giventhecomplexitiesinvolvedinacquiringandholding legaltitletorealproperty,WFGstronglyrecommendsthatyouseeklegaladvicefromanattorneypriortodoingso.

ADMINISTRATIVE

12909 SW 68th Pkwy. Ste. 350 Portland, OR 97223 503-431-8500

CLACKAMAS

9200 SE Sunnybrook Blvd. Ste. 350 Clackamas, OR 97015 503-353-9975

LAKE OSWEGO

5885 Meadows Rd. Ste. 130 Lake Oswego, OR 97035 503-624-4900

LLOYD/COMMERCIAL

NW PORTLAND 25 NW 23rd Pl. Ste. 1 Portland, OR 97210 503-219-9088

BETHANY 1500 NW Bethany Blvd. Ste. Beaverton, OR 97006 503-850-3990

2001 SE Columbia River Dr Ste. 100 Vancouver, WA 98661 360-314-0300

SALMON CREEK

2105 NE 129th St. Ste. 107 Vancouver, WA 98686 360-314-1818

VANCOUVER MALL

Ste. 2 0 Vancouver, WA 98662 360-891-5454

EAST VANCOUVER 2004 SE 192nd Ave. Ste. 100 Vancouver, WA 98683 360-356-9990 1 2 3 5 6 7 8 9 4 10

700 NE Multnomah St. Ste. 190 Portland, OR 97232 503-230-8488

This week the median list price for Portland, OR 97201 is $1,495,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 33.

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Real-Time Market Profile

Median List Price$1,495,000

Median Price of New Listings $1,495,000 Per Square Foot$352 Average Days on Market 162

Days on Market

Slight Seller's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Market Segments

Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

$1,165,0003,0820.25 -

MedianListPrice

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Segments

In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.

PricePerSquareFoot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. 7-Day

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

MarketActionSegments

Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.

MedianDaysonMarket(DOM)

The properties have been on the market for an average of 156 days. Half of the listings have come newly on the market in the past 110 or so days. Watch the 90-day DOM trend for signals of a changing market.

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

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CONSUMER EXPERIENCE TIMELINE

TRANSACTION CLOSED

GATHER UP

SIGNING SCHEDULED

CLOSE TO SIGNING

TITLE CLEARED

UPDATER INVITATION

TITLE REPORT DELIVERED

TRANSACTION STARTED

MIDPOINT FEEDBACK

EARNEST MONEY

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