Stephanie Fox Dozler - Spring Newsletter 2023

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Spring Newsletter MARKET UPDATE, SUNNY FUN & MORE!

Hi, Neighbor!

Spring has fnally sprung, and it’s a sight for sore eyes afer such a dreary winter. I hope this leter fnds you in good spirits as we welcome the warmer weather and longer days.

With summer just around the corner, it’s the perfect time to start planning your outdoor adventures and making the most of the season. Whether it’s exploring the Oregon coast or enjoying some of the local festivals and activities, there’s no shortage of ways to soak up the sun.

In this newsleter, you’ll fnd some great suggestions for things to do on the coast, as well as some exciting events and festivals closer to home. And, of course, we’ve included a delicious recipe that’s sure to impress your family and friends.

As we all start to emerge from our homes and begin working on home improvement and landscaping projects, I wanted to remind you that I’m here to help if you need any recommendations for vendors or contractors. I have a network of trusted professionals that I’m happy to share with you to ensure that your project is a success.

Finally, I want to thank you for your continued support of my business. As always, my goal is to provide exceptional service to all of my clients, and your referrals are greatly appreciated. Please feel free to share my name with any friends or family who may be looking to buy or sell a home.

Here’s to a happy and healthy spring season!

Warmly,

FEATURED LISTINGS

SE CARLTON

SOLD PRICE: $535,000

3 BED | 2 BATH | 1,818 SQFT

Sweet archways and unpainted millwork shone in this classic Old Portland bungalow, ideally located in the heart of Woodstock.

SE OAK

SOLD PRICE: $635,800

2 BED | 2 BATH | 1,757 SQFT

Tis Buckman beauty rocked built-ins and original charm alongside tons of updates: remodeled baths and a complete energy retroft!

N JARRETT STREET

SOLD PRICE: $750,000

4 BED | 3 BATH | 2,597 SQFT

Tis Overlook Crafsman had all the character of an historic home, with all the right fnishings. Also featured: a dreamy private backyard full of native plantings.

2 SPRING 2023
STREET
STEPHANIE FOX DOZLER BROKER stephaniefoxdozler@gmail.com (503) 999-2457

Market Stats

Mortgage Matters

Let’s talk about rates.

“When will interest rates come down?” Te number one question I have been asked over my 20 year career.

Tere is no crystal ball, but Fannie Mae is predicting that rates will be “much lower” by the end of this year. Tat’s great news, right? Well, yes and no.

Currently the demand for homes is much greater than the supply. As we all know, demand drives the price of everything - including houses. When rates come down, the demand for homes will further increase. A successful strategy many homebuyers are using is to buy NOW when they can and BEFORE rates decrease this year. Ten, they plan to refnance as soon as rates decrease to meet their fnancial goals.

To put numbers to this, a 1% rate decrease for a $400k loan would lower the payment by about $260/ month. Buying now at reasonable home prices with a strategy to refnance can be just the right combo to be successful in the housing market and take advantage of when rates come down.

3 SPRING 2023
what happened in the Portland Housing Market
month! PORTLAND METRO 6% BEAVERTON / ALOHA: $519,500 4.1% TIGARD / TUALATIN: $633,800 7.8% HILLSBORO: $538,600 2.5% MILWAUKIE / HAPPY VALLEY: $560,700 1.9% LAKE OSWEGO / WEST LINN: $1.032M 3.3% GRESHAM / SANDY: $471,600 1,707 CLOSED SALES 47 DAYS ON MARKET $530,000 MEDIAN SOLD PRICE 2,653 NEW LISTINGS 0.8% $481,800 NORTH 2.1% $556,900 NE 0.9% $500,800 SE 1.5% $668,800 WEST Cross Country Mortgage (503) 780-4924 steph@myccmortgage.com
Here’s
last

Is it time to turn of the gas?

What you need to know about making the switch to induction cooking.

WHAT’S IT ALL ABOUT?

Going green has been a big topic of conversation lately, and there are both big and small ways to make a dent in your carbon footprint. If you’re looking at upgrading your kitchen appliances in the near future, consider trading in your gas stove for an induction range. Many professional kitchens have switched to induction cooking in the last few years which isn’t surprising given that induction ofers beter control, speedier cooking, and reduced exposure to fumes. One of the main air pollutants most commonly associated with using gas stoves is nitrogen dioxide, which is a byproduct of fuel combustion. Nitrogen dioxide exposures in homes have been associated with more severe asthma and increased use of rescue inhalers in children.

As Realtors, we are seeing more and more of our clients making the switch to induction. Tough it can be a bigger upfront investment, induction ranges and ovens have a lower operational cost overall, and are likely to retain their value looking ahead. Induction ranges are likely to be a big draw for future buyers considering your home.

Induction cooktops use electromagnetism to turn compatible cookware into its own source of heat. Te fow of an alternating current through the ‘element’ creates an electromagnetic feld that excites the molecules in cast iron and steel pots and pans placed on top of the glass stovetop. Tis electromagnetic feld creates up to 90% efciency in heat transfer, compared to about 74% with standard electric and just 40-55% with gas stoves. Because almost all of the heat is transferred to your cookware, less is emited into the kitchen than a gas cooktop, reducing the need to use the exhaust fan to keep your space cool. You can also choose to buy your electricity from renewable sources; an option not available with natural gas.

Tere are lots of ways to make progress towards a greener home; your stove is only one piece of a larger puzzle! Please get in touch if you want to talk more about going all-electric in your home; I have lots of recommendations I can make.

4 SPRING 2023

FINDERS KEEPERS

Did you know? Each June, as part of a long-running Lincoln City treasure hunt, colorful glass foats made by local artisans are regularly distributed along 7 miles of sandy beach. Originally inspired by the blown glass Japanese fshing foats in shades of green and blue that would wash up on the Oregon coast, the Finders Keepers project began in 1997. If you fnd a foat, it’s all yours! Search both above the high tide line and below the beach embankment, and are hidden throughout the day (not all at once!).

When you fnd a foat, call 541-996-1274, text FLOATS to 866-943-0443, or stop by the Lincoln City Visitor Information Center at 801 SW Hwy 101, 4th foor Monday - Friday from 8am - 5pm. You’ll receive a Certifcate of Authenticity and information about the artist who crafed your piece!

Special drop days:

June 17-18: Father’s Day: 50 floats

June 23-24: Casino Anniversary: 28 floats

June 24-25: Summer Kite: 10 floats

Local Events

MAY

UFO FEST

Every year, thousands fock to McMinnville to atend the famous UFO Festival. Tis annual celebration features a UFO parade, expert speakers, live music, a 5K run, a pet costume contest, featured speakers, a ‘landing party’ with vendor booths, and more. Founded in 1999, the UFO Festival honors the famous 1950 Trent sighting in the area.

JUNE

WHEN: May 19 - 20

WHERE: Hotel Oregon

310 N.E. Evans Street, McMinnville, OR 97128

TIGARD FESTIVAL OF BALLOONS

It’s worth geting up early to catch more than a dozen brightly colored, colossal hot-air balloons launching from Tigard in June! Balloons take of between 5:45–6:15 AM (weatherpermiting!) Afer the launch, there’s still plenty to see and do at the Festival of Balloons. Enjoy live music and carnival rides beginning at 10 AM, and a beer garden starting at 5 PM.

JULY

PORTLAND PRIDE

Portland Pride includes a two-day festival at Waterfront Park and an epic, colorful and joyous parade winding through downtown Portland—being one of the largest “small town” Pride parades west of the Mississippi! With food, drinks, live music and nonproft booths lining the Willamete River, the festival is a great place to gather, mingle and rejoice!

WHEN: June 23 - 25

WHERE: Cook Park 8680 SW Durham Rd. Tigard, OR 97224

WHEN: July 15 & 16

WHERE: Tom McCall Waterfront Park 98 SW Naito Pkwy, Portland, OR 97204

5 SPRING 2023 SPRING ACTIVITY

Fresh Strawberry Cake

An easy way to make use of all your early summer pickings

Contributed by Cee Webster

Ingredients

1 ½ C ALL-PURPOSE FLOUR

1 ½ TSP BAKING POWDER

6 TBSP SALTED BUTTER, sofened

½ C BROWN SUGAR, packed

½ C GRANULATED WHITE SUGAR

1 LARGE EGG

2 TSP VANILLA EXTRACT

½ C WHOLE MILK

1 QUART FRESH STRAWBERRIES, halved the long way

2 TBSP WHITE SUGAR, for sprinkling on top

Instructions

1. If your berries are not the super sweet May/June berries from Oregon (like the Hood variety) then pre-sugar them before baking. Add about 1/4 cup sugar to cut berries and let it soak in for about 30 mins. If using Oregon berries, you can skip this step.

2. Preheat the oven to 350°F, no fan, and generously grease the botom and sides of a 9-inch springform pan or a pie dish with buter.

3. In a medium bowl, whisk together the dry ingredients (four, baking powder, and salt). Set aside.

4. In a mixer or by hand, beat the buter and sugars until pale and fufy, about 3 minutes.

5. Add the egg and vanilla and beat until well-combined.

6. Gradually add four mixture, alternating with the milk, and mix until smooth. Bater will be thick.

7. Transfer bater to the pan and smooth with a spatula, or knock the sides of the pan to level the bater. Pat strawberries dry and arrange them on top, cut side down so that they cover the bater.

8. Sprinkle about 2 more tablespoons of sugar over the top of the cake. Tis gives it a crispy top.

9. Bake for 10 min at 350ºF, then reduce the heat to 325°F and bake until cake is lightly golden brown and a tester comes out clean, about an hour. Let cake cool in the pan on a rack. Enjoy!

6 SPRING 2023

GOING ON IN THE NEIGHBORHOOD

Advocacy Update

HERETOGETHER OREGON

Te housing afordability and homelessness crisis in the Portland Metro region impacts all of us and requires collective action.

HereTogether engages more than 250 organizations, businesses, and leaders from every corner of our community to solve homelessness.

Tis is done by spotlighting best practices, identifying roadblocks, and advocating for results to build a Portland region where everyone has a safe place to call home.

Most recently, HereTogether has been advocating for housing solutions in Clackamas County, including the proposed transitional housing community,Project Turnkey, which faced a great deal of opposition from local neighbors. Despite this, they continue their eforts to educate the community on the beneft (and necessity!) of programs like this, and the housing-frst model.

Neighbors Realty has partnered with HereTogether since 2020, supporting the coalition through donation matches and in-kind donations of marketing, photography, and promotional materials. If you’d like to learn more and help support the cause, visit their webiste at www.heretogetheroregon.org, or follow them on Instagram, @heretogetheror.

Speed-o Cappuccino

SE Stark St, Portland, OR 97214

Te Queer Cofee Cart featuring vegan cofee and bar food, Speed-o Cappuccino is the brainchild of former-dancer Dahlia Hanson and partner Joseph Miller. Afer spending nearly 10 years in the local sex work and restaurant industry, they got to work on bringing together local talent and plant-friendly snacks.

When they lost everything in 2019 to a house fre, Joseph and Dahlia were supported in countless ways by their community. Tey credit being able to get back on their feet to the generosity of both friends and strangers. Each month they select a diferent local non-proft or mutual aid fund to support!

Hours: Weds-Sat from 11 am - 8pm & Sun 12pm - 5pm

7 SPRING 2023
WHAT’S
SMALL BUSINESS SPOTLIGHT 1015 “himbos, thembos and firts” staf this queer cofee cart! photo by Christine Dong

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