RE/MAX Debuts User-Friendly Mobile Property Search App

RE/MAX Mobile Property Search AppRE/MAX recently released a very nifty little property-search tool for the smart-phone savvy. The RE/MAX home search mobile app is extremely user-friendly, so that even the not-so-tech-savvy of us can maneuver it easily.

When you open the app, you’ll see a list of options, including “See Nearby Homes,” “Search Anywhere,” “Find an Agent” and “Find an Office.”

Click on “Search Nearby Homes,” and you’ll see all the listings nearest your location, in a scrollable list. If you’d like to refine that search (by price or distance, for example), you can do so. Click on one of the mini-listings (which include a photo, the price and a brief description), and you’ll see a more complete listing. Click on the listing’s “See All Photos” tab, and you can scroll through each available photo in either portrait or landscape format.

To see the nearby listings in a mapped format (my favorite), simply click on the small “Map” icon in the upper-right-hand corner, and the available properties nearby will appear on a map as bright red pins. Click on a pin, and the MLS listing for that property appears. Pinch the screen to zoom in or out and get a broader or closer perspective.

Need directions? Scroll further down the listing, and you’ll find both a map and a mapped route to take you there from your current location. Want to save the listing? You can do that too. You can also pull up recent searches you’ve conducted to review at a later date. And if you find a listing you really like, you can email it to a friend or family member to get their feedback.

If you want to do a more general search, click on “Search Anywhere.” That brings up a list of options, including searching by MLS number, by city, state or zip code, by property type or price range, by number of bedrooms or baths. Once your list of options is revealed, you can switch to the map format if you prefer.

The RE/MAX mobile app is available for iPhones and Androids (it also works on iPads). You can download it from the iphone App Store or the Android Marketplace (aka Google Play), or you can download it at www.remax.com/mobile-apps/.

If you’d like an actual person to help you in your Central Oregon property search, don’t hesitate to contact me directly, by phone or text, at 541-480-0987.

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

Posted in For Buyers, Homeowner Tips, Real Estate News, Uncategorized | Tagged , | Leave a comment

Yo! Bend-based Frozen Yogurt Sensation ‘Cuppa Yo’ Opens in Sisters

Cuppa Yo opens in Sisters ORDowntown Sisters has waited for, it seems, forever for Cuppa Yo to open (at 281 W. Cascade). For a while there, we wondered if the wildly popular Bend-based buy-by-the-ounce frozen-yogurt bar would ever open its doors. Well, today at 2 p.m., the new shop finally served its first cup of Yo (which is crafted from Portland-based YoCream), and by 3 p.m., the place was packed. (Word spreads fast, thanks in part to the flagship Cuppa Yo’s 7,400+ Facebook fans).
Cuppa Yo opens in Sisters ORWhat’s the big draw here? Actually, there are several, and they’re all pretty much guaranteed to appeal to kids (of all ages). There’s the blinding pop-art color scheme (quite a departure for the typical Cowboy-inspired decor of Sisters). The tempting line-up of pump-it-yourself yogurt-dispensing stations (40 cents per ounce, and sampling is allowed). The rotating cast of offbeat yogurt flavors (most of which are non-fat), with clever names like “Luck O’ the Irish Mint,” “Cable Car Chocolate,” “Mango Tango Sorbet,” “Cake Batter Up!,” and “Pomegranate Raz Sorbet.” The dizzying array of toppings (everything from fresh fruit, brownies, cookies, nuts, candy bars, and cereal to various sauces and syrups and, of course, whipped cream) — which you also pile on yourself (watch out for that one!). The groovy ’70s-inspired decor. The low-key eager-to-assist staff.

Founded in 2009 by two young Bend-based sisters and their husbands, Cuppa Yo has been voted Bend’s best dessert twice. If today’s any indication, the Sisters location should be well-ensconced, long before the summer swell arrives.

Here’s a look at opening day in pictures:

Cuppa Yo opens in Sisters OR

 

Cuppa Yo opens in Sisters OR

 

Cuppa Yo opens in Sisters OR

Cuppa Yo opens in Sisters OR

Cuppa Yo opens in Sisters OR

Cuppa Yo opens in Sisters OR

Cuppa Yo opens in Sisters OR

Cuppa Yo opens in Sisters OR

Cuppa Yo opens in Sisters OR

Cuppa Yo opens in Sisters OR

 

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

Posted in About Central Oregon, About Sisters, Oregon, Photos of Central Oregon, Uncategorized | Tagged , , | Leave a comment

The Huffington Post Travels to Central Oregon

Huffington Post Guide to Central Oregon mentions Mt Bachelor

They call it a “Guide to Central Oregon,” which is a bit of a stretch — it’s way too brief for that. But the Huffington Post‘s new HuffPost Travel article by Meg Hemphill does capture the essence of what so many folks love about the High Desert: that sense of adventure, whether it be in terms of outdoor activities or fine dining (both popular pastimes in these parts).

No, there’s nothing shared here that will come as news to locals. But during her five-day Central Oregon getaway, Hemphill did at least venture to a number of area hot spots worth mention. Not only did she ski at Mt. Bachelor (both downhill and cross-country), but she also hiked, explored a few waterfalls (alas, she didn’t name any names), dined at 900 Wall and 5 Fusion in Bend, and stayed at the Oxford Hotel in Bend and at Five Pine Lodge in Sisters (she actually  got engaged there — nice touch).

Huffington Post Guide to Central Oregon also mentions Jen's GardenAs for Sisters, Hemphill raved about Jen’s Garden (no surprise) but was less impressed with the fare at Three Creeks Brewing Co. (who wouldn’t be? Jen’s is a very tough act to follow). I’m guessing, though, that Hemphill isn’t exactly a craft beer devotee; she didn’t even mention the 3 Creeks brews — which are developing a pretty devout following all their own, in a region flush with microbreweries (another CO stat that escaped mention).

Alas, Redmond and Prineville fans will be disappointed to find that their hometowns didn’t even rate a mention in the guide (there is a brief nod to Sunriver, however). Perhaps Hemphill is saving those for Part II. Sounds like she’d be happy to return.

 

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

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Tumalo, Oregon Real Estate Market Report for February 2012

Tumalo, Oregon Real Estate Market Report for February 2012It was another strong showing for the Tumalo Residential With Acreage real estate market in February. In fact, this month Tumalo reached the so-called magic number when it comes to inventory: a six-month supply, which is considered to be the sign of a balanced market (which equally favors buyers and sellers).

Last month, Tumalo was close to the mark, with a 7.6-month supply. The reason for the additional progress: a decrease in the total number of Active RW listings (down from 53 in January to 43 in February), combined with the high number of sales (six Closed and 11 Pending sales).

Because the bulk of those sales are on the lower end of the price spectrum (all but two are below $400,000), the median list price of Active listings increased significantly in February — up from $595,000 in January to $775,000 in February. That meant the gap between the median price for Active vs. Sold listings has widened (the median for Sold listings was $297,448).

There was one sale above $600,000 ($616,000), but most high-end sellers are still facing an uphill battle: While the number of overall Active listings is decreasing, the number of million-dollar listings has been the same (12 or 13) since October.

As a horse-property specialist, Tumalo has always been of particular interest to me because that’s where you’ll find many of the most desirable horse properties in Central Oregon. Because its boundaries are up to interpretation, please consider the following statistics a general barometer of the area’s real estate activity that includes most, but not necessarily all, of the listings in Tumalo.

Here are a few February highlights of the February Tumalo real estate market:

LISTING ACTIVITY
Active Residential With Acreage Listings in Tumalo:
  43
Contingent Residential With Acreage Sales in Tumalo:0
Pending Residential With Acreage Sales in Tumalo:  11
Residential With Acreage Closed Sales in Tumalo:  6
Average Days on Market:      220 days for Active RW listings
189 days for RW listings sold in February

Median Sales Price:               $775,000 for Active RW listings
$297,448  for RW listings sold in February

INVENTORY:
Residential with Acreage: 6-month supply (85 sales in the previous 12 months)

SALES PRICE:
Least-Expensive Residential with Acreage Active Listing: $142,900
Most-Expensive Residential with Acreage Active Listing: $4,900,000
Price Point with the Most Active Listings: $400,000-$449,999, $750,000-$799,999 & $1,000,000-$1,249,999 (each with 4 listings)
Listings at $1,000,000 or more: 13

If you’re interested in studying the market in more depth, below are several charts that capture various aspects of the February Tumalo real estate market in detail.

Tumalo, Oregon Real Estate Market Report for February 2012

Tumalo, Oregon Real Estate Market Report for February 2012

Tumalo, Oregon Real Estate Market Report for February 2012

If you’d like to get the latest update on the Tumalo real estate market,  don’t hesitate to call me directly at 541-480-0987 to find out more.

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

Posted in About Central Oregon, About Tumalo, Oregon, Market Reports, Tumalo Market Reports, Uncategorized | Tagged , , | Leave a comment

Sisters, Oregon Real Estate Market Report for February 2012

Sisters, Oregon Real Estate Market Report for January 2012In February, the Sisters residential real estate market saw little change from the previous month. Closed Sales were down slightly (from 14 in January to 11 in February); however, Pending Sales were up (from 11 in January to 16 in February).

The number of overall listings saw only a slight increase, too — up from 118 in January to 122 in February. Given the current level of buyer interest, we could actually use some more listings -– especially in the lower price points. In February, there were only six Active Single Family Residential listings under $250,000 and only nine Residential With Acreage Active listings under $300,000. However, five of the seven Closed SFR sales were below $200,000, and five of the six Pending SFR sales were below $250,000.

Like last month, much of the RW sales activity was among the mid-range listings, with three of the four closed sales between $300,000 and $750,000. And like SFR listings, there are few lower-priced Active RW options – only nine below $250,000.

One interesting shift: In February, there was actually a new listing below $100,000 –- however, it was an RW listing (the least expensive SFR listing was $112,000).

Here are a few February highlights of the Sisters real estate market:

LISTING ACTIVITY
Active Residential Listings in Sisters:
 122 (72 Single Family Residences; 50 Residential with Acreage)
Contingent Residential Sales in Sisters:  1 (0 SFR, 1 RW)
Pending Residential Sales in Sisters: 16 (6 SFR; 10 RW)
Residential Sales in Sisters: 11 (7 SFR; 4 RW)
Average Days on Market:     231 days for Active SFR listings
218 days for Active RW listings
161 days for the SFR listings sold in February
190 days for the RW listings sold in February

Median Sales Price:      $399,495 for Active SFR listings
$604,900 for Active RW listings
$185,000 for the SFR listings sold in February
$344,450 for the RW listings sold in February

INVENTORY
Single Family Residence:  10.1-month supply (86 sales in the previous 12 months)
Residential with Acreage: 8.3-month supply (72 sales in the previous 12 months)

SALES PRICE:
Least-Expensive Single Family Residence Active Listing: $112,000
Least-Expensive Residential with Acreage Active Listing: $99,900
Most-Expensive Single Family Residence Active Listing: $2,900,000
Most-Expensive Residential with Acreage Active Listing: $4,500,000
Price Point with the Most Active Listings:
SFR: $250,000-$299,999 (15 listings) & $350,000-$399,999 (9 listings)
RW:  $350,000-$499,999 (5 listings) & $650,000-$699,999  (5 listings)

If you’re interested in studying the market in more depth, below are several charts that capture various aspects of the February Sisters real estate market in detail.

Sisters, Oregon Real Estate Market Report for February 2012

Sisters, Oregon Real Estate Market Report for February 2012

Sisters, Oregon Real Estate Market Report for February 2012

If you’d like to get the latest update on the Tumalo real estate market,  don’t hesitate to call me directly at 541-480-0987 to find out more.

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

Posted in About Central Oregon, About Sisters, Oregon, Market Reports, Sisters Market Reports, Uncategorized | Tagged , , | Leave a comment

Banking on BOTC: Local Lender Expresses Renewed Commitment to Home Loans

Bank of the Cascades-Sisters BranchEarlier this week, my RE/MAX office met with Ellen Silfven & Davina Luz of Bank of the Cascades (BOTC). The duo was there to discuss BOTC’s home loan program. The timing of the meeting was no coincidence: Just a few weeks ago, new president/CEO Terry Zink made a very public
$1 billion commitment
to making loans available to business owners and individuals in the bank’s Oregon and Idaho markets over the next three years.

As Zink pointed out, a community bank should invest in its communities, and we couldn’t agree more. Here in Sisters, we’re all ears when it comes to local lending -– we strive to offer our customers as many local home-loan options as possible.

So it was encouraging to hear the information that Luz and Silfven shared. Luz, manager of the Sisters BOTC branch, and Silfven, a mortgage loan officer based in BOTC’s downtown Bend office, echoed Zink’s commitment to ramping up its ability to provide competitive loan programs. That’s welcome news for Central Oregon home buyers.

BOTC’s rates are currently very competitive: 4% for 30-year fixed-rate mortgage and 3.25% for a 15-year fixed-rate mortgage. With that, there are no additional points, and BOTC’s processing fee is a flat $495.

There are other pluses to the BOTC product: According to Silfven, BOTC is servicing its home loans and plans to continue to do so. Another benefit is the home-loan officers’ proximity to the loan underwriter: just down the hall. Having direct access to the underwriter can be critical in closing a loan that has a strict timeline. Also, having that ability to easily communicate with the underwriter from the get-go can save a lot of time and potential heartache by confirming or squashing a potential loan early on in the process.

But there a few gaps in the BOTC loan program. At this point, BOTC is probably not your best option if you’re looking for an FHA loan (they’re brokering them). You’re also out of luck if you’re trying to finance raw land or need a jumbo loan (although we’re told that BOTC is working on that one and it should be available in the near future).

Silfven says BOTC is also handling quite a few refinances. On that front, the bank is expected to offer the Obama Administration’s expanded HARP program  (Home Affordable Refinance Program) this month, which will enable homeowners who have negative equity in their homes to refinance.

If you’d like more information about BOTC’s loan programs, call or text me at 541-480-0987. If you’re interested in talking to a BOTC mortgage loan officer in person, you’ll need to visit the downtown Bend branch (1070 NW Bond St.). There are three officers on staff there: Lance Vansooy, manager of the mortgage loan department (541-617-3561); Julie Nash (541-617-3580); and Ellen Silfven (541-617-3560).

Bank of the Cascades, which was founded in 1977, offers full-service banking at 32 branches in Central Oregon, Southern Oregon, Portland/Salem and Boise/Treasure Valley, idaho.

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

Posted in Financing, For Buyers, Real Estate News, Uncategorized | Tagged , | Leave a comment

The Oregon Map: Online Plat Map Resource Tool

The Oregon Map: Plat Map resource for Central OregonThanks to a client of mine who recently requested a map of the cabins at Camp Sherman, I learned about a great online resource for Oregon plat maps. More often than not, I research properties in Deschutes County and am able to use their very handy web tool known as LAVA, which provides instant access to all kinds of property-related public records (including ownership history, tax records, plat maps, aerial photos, building permit history, code violations and more).

For Jefferson County, however, there is no such resource. So I was put in  contact with Rich Randall, president/county manager of Jefferson County Title Co., who promptly found what I needed and emailed the map to me (thanks again, Rich!). Then, when I called with a second request, he asked if I knew about The Oregon Map, a web-based tool that provides access to plat maps across the state. I didn’t — and I’m not sure that too many other folks know about it, either.

Funded by our state legislature in 1999, the Oregon Map (ORMAP) was created as a digital base map land-information system that’s publically accessible and continually maintained; it provides images of assessor maps and limited additional information on properties throughout Oregon.

To access the maps, you’ll need to know the tax map number of the subject property (you can also try to search by address, but that doesn’t always work.) Then, go to http://ormap.org and click on the “Cartography” tab on the the left-hand side of the main menu at the top of the home page.

Then click on “Maps Online,” which will bring up a county-by-county map. Click on the county you’re researching.  On the right, you’ll see a sidebar titled “Tax Map Search” above a list of PDF files; they’re arranged by township and range. Go down the list until you find the corresponding township and range. That may bring up additional options. (If you don’t have specifics, you can click on each PDF file individually to find your particular map).

Happy hunting!

One caveat: If it’s critical that you have the most current tax map, you’ll want to contact the county assessor’s office. The maps online may not be the most up-to-date (they are only required to be updated quarterly).

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

 

Posted in About Central Oregon, For Buyers, For Sellers, Homeowner Tips, Uncategorized | Tagged , | Leave a comment

Green-Building Basics: A Glossery of Sustainable-Design Terms

Green-building Basics: A Glossary of Common TermsThese days, more and more people are being introduced to the world of sustainable design (aka “green building”). If you, like me, are new to the industry, however, you may feel like you’ve just entered extremely foreign territory. For one thing, this fast-growing segment of the home-building industry has developed a language all its own –- riddled with unfamiliar entities, tongue-twisting acronyms and dauntingly scientific-sounding systems.

Not only that, but the sustainable-design industry doesn’t have a single best-practices ratings system — it has several. There’s LEED, CSBA, BREEAM, Earth Advantage, Energy Star.

(Here’s a blog post detailing the different green-building certification options popular in Central Oregon.)

What’s more, there are countless green-focused resources available to tackle just about every aspect of home building and home renovation –- everything from the materials used to frame your house to the plants used to surround it, the paint used to coat the inside of it, the systems used to heat and cool it, and the décor used to furnish it.

Like I said, it’s a whole new world…one that, with time, no doubt will forever change the way the home-building process is approached.

Some Oft-Heard Green-building Terms

Here’s a glossary of some of the most common terms you’ll find in the green-building world (with input from the following sources: LEED, Green Resource Council, Wikipedia, the U.S. Environmental Protection Agency and the Seattle Office of Sustainability and Environment).

Active Solar Power: A system using mechanical devices (such as pumps or fans) that converts the sun’s energy into electricity for the home.

Adaptive Reuse: The renovation of a space for a purpose different from the original.

Air Changes Per Hour (ACH): The movement of a volume of air in a given period of time (i.e., if a house has one air-change per hour, the air in the house will be replaced in a one-hour period).

Air Exchange Rate: The rate at which outside air replaces indoor air in a given space.

Biomass: Plant material (i.e., trees, grasses and crops), vegetation, or agricultural waste that can be converted to heat energy to produce electricity. (In ecology, biomass also refers to all of the living material in a given area and often refers to vegetation)..

Blackwater: Wastewater from toilets and urinals is always considered blackwater; wastewater from kitchen, showers or bathtubs may also be considered blackwater (the exact definition varies from region to region). (See also, “Graywater”).

Building Research Establishment Environmental Assessment Method (BREEAM): The first widely used green-building rating system, developed in the United Kingdom in the early 1990s.

Building Envelope: The exterior surface of a building’s construction–the walls, windows, floors, roof, and floor (aka, building shell).

Building Footprint: the outline of the total area of a lot or site that is surrounded by the exterior walls of a building or portion of a building, exclusive of courtyards. Parking lots, landscapes and other non-building facilities are not included in the building footprint.

Certified Sustainable Building Advisor (CSBA): Someone who has completed a nine-month training program and exam designed to teach working professionals how to apply sustainable concepts to building design, development and construction.  The curriculum is overseen by The Sustainable Building Advisor Institute (SBAI), a non-profit organization incorporated in Washington state.

Certified Wood: Lumber from a source that has been determined, through a certification process, to have been harvested from responsibly managed forests – as defined by a particular standard. (There are numerous forest certification programs in general use, incorporating various standards; only the Forest Stewardship Council‘s standards, which include requirements that the wood be tracked through its chain-of-custody, can be used to qualify wood for a point in the LEED Rating System.

Charrette: A meeting held early in the design phase of a project, in which the design team, contractors, end users, community stakeholders and technical experts come together to develop goals, strategies and ideas for maximizing the environmental performance of the project.

Chlorofluorocarbons (CFCs): A family of inert, non-toxic and easily liquefied chemicals used in refrigeration, air-conditioning, packaging and insulation, or as solvents and aerosol propellants. CFCs are not destroyed in the lower atmosphere, so they drift into the upper atmosphere, where their chlorine components destroy ozone.

Closed-loop Control: A control system that utilizes measurement of a controlled variable for feedback. Based on the measured feedback, the control system alters its output in an attempt to force the controlled variable to reach a given setpoint. (For example, in a closed-loop geothermal heat pump, a pump circulates a heat transfer fluid through a series of buried pipes in a closed loop: the fluid never leaves the system, but rather travels back and forth in a loop between the earth connection and the heat pump.

Compact Fluorescent Lamp (CFL):  Small fluorescent light bulbs that can be used in place of incandescent light bulbs. CFLs consume significantly less electricity and last 8–10 times longer than incandescent bulbs. They combine the efficiency of fluorescent lighting with the convenience of standard incandescent bulbs. Light is produced the same way as other fluorescent lamps. Compact fluorescent bulbs have either electronic or magnetic ballasts. Like all fluorescent lamps, CFLs contain mercury, which complicates their disposal.

Composite Wood: See “Engineered Wood.”

Concentrated Solar Power CSP) aka, “Concentrating Solar Power“): Systems that use mirrors or lenses to concentrate a large area of sunlight, or solar thermal energy, onto a small area. Electrical power is produced when the concentrated light is converted to heat, which drives a heat engine connected to an electrical power generator.

Conditioned Space: The part of a building that is heated or cooled, or both, for the comfort of occupants.

Cooling Tower: A device that dissipates the heat from water-cooled systems by spraying the water through streams of rapidly moving air.

Cradle-to-Cradle: A term used to describe a material or product that is recycled into a new product at the end of its defined life. (See also “life-cycle analysis”.)

Cradle-to-Grave: A term used to describe the entire life of a material or product up to the point of disposal. Also refers to a system that handles a product from creation through disposal. (See also “life-cycle analysis”.)

Daylighting: Designing a building to take advantage of natural sunlight illumination.

Dual Flush Toilets: Toilets with two buttons that provide two flush options: one for liquid and another for solid waste. The button for liquid waste uses less water per flush.

Duct Blaster: A test that measures the air-tightness of heating and cooling ducts.

Economizer Cycle: A heating, ventilation and air-conditioning conservation feature consisting of indoor and outdoor temperature and humidity sensors, dampers, motors and motor controls for the ventilation system to reduce the air-conditioning load. Wherever the temperature and humidity of the outdoor air are more favorable than the temperature and humidity of the return air, more outdoor air is brought into the building.

EcoTimber: A company that sells sustainably harvested and reclaimed wood products from forests that are certified as well-managed (according to the rules of the Forest Stewardship Council), along with wood alternatives such as bamboo.

Efficacy: In lighting, the ratio of light output (in lumens) to input power (in watts). Higher efficacy indicates higher efficiency.

Energy Audit: A special inspection performed to determine where there are energy inefficiencies in a home. A qualified tester, who uses methods and measurements that comply with industry standards, collects detailed data and conducts an engineering analysis. A written report should include recommendations and a detailed cost and savings analysis.

Energy Recovery Ventilator: A type of ventilation system wherein the heated (or cooled) air being vented out of the home is used to heat (or cool) the supply air being pulled in from outdoors. The approach decreases the amount of energy needed to heat or cool the supply air.

Energy Star: Program administered by the Environmental Protection Agency that evaluates products based on energy efficiency. A home can also receive an Energy Star rating; to do so, it must be at least 15 more more energy-efficient than homes built to the 2004 International Residential Code and include additional energy-saving features that typically make them 20–30 percent more efficient than standard homes.

Engineered Lumber/Wood (aka “Composite Wood” or “Manufactured Board”): A range of derivative wood products manufactured by binding the strands, particles, fibers or veneers of wood, together with adhesives, to form composite materials. Engineered wood provides superior durability and strength; thinner or fewer pieces of engineered wood are required to meet the same strength requirements needed with traditional wood. The potential environmental drawbacks include impacts on indoor environmental quality due to offgassing of chemicals present in binders and glues, and air and water pollution related to production.

Environmentally Preferable Products (EPP): Products that cause significantly less environmental harm at some stage of their life cycle than alternative products that serve the same purpose, or products whose production and sales contribute significantly to the preservation of the environment.

Exfiltration: Uncontrolled outward air leakage from conditioned spaces through unintentional openings in ceilings, floors and walls to unconditioned spaces or the outdoors caused by pressure differences across these openings due to wind, inside-outside temperature differences and imbalances between supply and exhaust airflow rates.

Faucet Aerator: A device designed to save water and reduce splashing by adding air to a stream of water; usually found at the tip of a faucet.

Fluorocarbons (FCs): An organic compound in which one or more hydrogen atoms are replaced by fluorine. Once used in the United States as a propellant for domestic aerosols, they’re now found mainly in coolants and some industrial processes. FCs containing chlorine are called chlorofluorocarbons (CFCs), which are believed to be modifying the ozone layer in the stratosphere, thereby allowing more harmful solar radiation to reach the Earth’s surface

Forest Stewardship Council (FSC): A non-profit organization that encourages the responsible management of the world’s forests by setting high standards to ensure that forestry is practiced in an environmentally responsible, socially beneficial, economically viable way. Landowners and companies that sell timber or forest products seek certification as a way to verify to consumers that they have practiced forestry consistent with FSC standards. Independent certification organizations are accredited by FSC to assess forest management and determine if standards have been met. Certifiers also verify that companies claiming to sell FSC-certified products have tracked their supply back to FSC-certified sources.

Fresh Air Ventilation: The mechanical ventilation component of an HVAC system that draws in fresh air rather than recirculating and filtering air within a home.

Geothermal Heat Pump (aka “Ground Source Heat Pump“): A heat pump that uses the constant temperature of the earth to provide cooling and heating for a home. A loop of piping is buried in the ground and fluid circulates through the loop. During the summer, the fluid uses the cooler temperature of the ground to provide indoor cooling. During colder months, the pump uses the below-ground temperature, which is significantly warmer than the outside air, to warm a home. Also referred to as a “closed-loop” system.

Graywater: Untreated household wastewater that hasn’t come into contact with toilet waste, such as water from bathtubs, showers, bathroom wash basins, clothes-washers and laundry tubs (but not wastewater from kitchen sinks or dishwashers). Some states and local authorities allow kitchen sink wastewater to be included in graywater. See also “Blackwater.”

Graywater Reuse: A strategy for reducing wastewater outputs from a building by diverting the graywater into productive uses such as subsurface irrigation or on-site treatment and use for non-potable functions such as toilet flushing. (Graywater reuse is restricted in many jurisdictions.)

Green Building (aka “Sustainable Building“or “High-performance Building“): The practice of creating structures and using processes that are environmentally responsible and resource-efficient throughout a building’s life-cycle — including siting, design, construction, operation, maintenance, renovation and deconstruction. Green buildings are designed to reduce the overall impact of the built environment on human health and the natural environment by efficiently using energy, water and other resources; by protecting occupant health and improving employee productivity; and by reducing waste, pollution and environmental degradation.

Green-e: A program established by the Center for Resource Solutions to promote green electricity products and provide consumers with a rigorous and nationally recognized method to identify those products.

Greenfield: An undeveloped plot of land.

Greenguard Environmental Institute (GEI): A non-profit organization dedicated to protecting human health and improving quality of life by enhancing indoor air quality and reducing people’s exposure to chemicals and other pollutants.

Greenguard-Certified: Products and materials vetted by the Greenguard Environmental Institute that meet stringent chemical emissions standards and provide a resource for choosing healthier products and materials for indoor environments, based on established criteria from key public health agencies. Greenguard certification is broadly recognized and accepted by sustainable building programs and building codes worldwide.

Green Label: A certification program by the Carpet and Rug Institute for carpet and adhesives meeting specified criteria for release of volatile compounds.

Greenwashing: Falsely promoting or exaggerating the greenness of a product or service.

Green Rater: Someone who verifies that a home is designed and built to the rigorous requirements of the LEED for Homes Rating System through onsite verification. Green Raters must be involved with the project from the design phase (before a preliminary rating where the rating system requirements are reviewed) and throughout the construction process.

Green Resource Council: Established in 2008 by the Real Estate Buyer’s Agent Council (a subsidiary of the National Association of Realtors), it was founded to make the knowledge of green real estate practices available to everyone. The council also provides sustainable education to real estate agents and offers the National Association of Realtors Green Designation, an 18-hour accredited course focused on green building practices.

Halogen Light Bulb: A type of incandescent light bulb that lasts longer and is more efficient than a standard incandescent light bulb. The light bulb uses a halogen gas, usually iodine or bromine, that causes the evaporating tungsten to be redeposited on the filament, thus prolonging its life. Halogen lamps produce a brighter, whiter light than standard incandescent.

Heat Exchanger: A two-way air conditioner that heats and cools by exchanging heat with the ground through a buried loop.

Heat Recovery Ventilator (aka “Heat Recovery Unit“): A ventilation system with balanced exhaust and supply fans that transmits heat from exhaust air to incoming fresh air.

HERS Index: A scoring system established by the Residential Energy Services Network to measure a home’s energy efficiency. The lower a home’s HERS Index, the more energy efficient it is in comparison to the HERS Reference Home (which is based on the 2006 International Energy Conservation Code). A home built to the specifications of the HERS Reference Home scores a HERS Index of 100, while a net-zero energy home (one that produces as much energy as it uses) scores a HERS Index of 0. (HERS stands for “Home Energy Rating System”).

High Efficiency: Technologies and processes that require less energy, water or other inputs to operate. A goal in sustainable building is to achieve high efficiency in resource use when compared to conventional practice.

High Efficiency Furnace: A furnace that has an Annual Fuel Utilization Efficiency (AFUE) of 85 percent (oil) and 90 percent (gas) or higher. In general, the higher the AFUE, the more efficient the furnace. The Energy Guide label on the equipment can be consulted to determine whether a furnace is efficient.

HVAC (Heating, Ventilation, and Air Conditioning): General term for the heating, ventilation and air conditioning system in a building. System efficiency and design affect the overall energy performance of a home and its indoor environmental quality.

Indoor air quality (IAQ): The quality and attributes of indoor air affecting the health and comfort of building occupants. IAQ encompasses available fresh air, contaminant levels, acoustics and noise levels, lighting quality and other factors.

Insulated Concrete Forms (ICF): Rigid plastic foam forms that hold concrete in place during curing and remain in place afterwards to serve as thermal insulation for concrete walls. The foam sections are lightweight and result in energy-efficient, durable construction.

Insulation – Blown: Fiberglass, cellulose, or wool insulation that is blown in. It’s often easier and less expensive to install than batts of fiberglass insulation.

Insulation – Blown-in Blanket System (BIBS) (aka “Blown-in Batt“): An insulation system that blows dry white fiberglass insulation into walls, floors, attics and cathedral ceilings held in place with a fabric containment screen. The system offers a more uniform R-Value throughout the cavity and controls air infiltration better than standard batt installations.

Insulation – Foam in Place: A product that acts as an air barrier and provides insulation and air sealing in one step. Most foam insulation products have a higher R-value per inch than fiberglass batt insulation. Using foam insulation increases energy efficiency because smaller heating and cooling equipment is required.

Integrated Design: A holistic process to building or interior design that considers the many disparate parts of a building project, and examines the interaction between design, construction and operations to optimize the energy and environmental performance of the project. The goal of integrated design is developments that have the potential to heal damages environments and become net producers of energy, healthy food, clean water and air, and healthy human and biological communities. It is an essential concept in sustainable building.

LEED (aka Leadership in Energy and Environmental Design): Developed by the U.S. Green Building Council in 2000, LEED provides building owners and operators with a framework for identifying and implementing practical and measurable green building design, construction, operations and maintenance solutions.  LEED certification provides independent third-party verification that a building, home or community was designed and built using strategies aimed at achieving high performance in key areas of human and environmental health: sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality. The LEED rating system the an internationally recognized mark of excellence in green building.

Life Cycle Analysis (LCA; aka “Life Cycle Assessment”): The assessment of a product’s full environmental costs, from raw material to final disposal, in terms of consumption of resources, energy and waste.  Life cycle analysis is also used as a tool for evaluating the relative performance of building materials, technologies, and systems.

LED (Light-Emitting Diode) Lamp: A technology that produces light by causing electrons to flow through the lamp and release energy in the form of light.

Light Pollution: Excessive illumination of night-skies by artificial light.

Living Building Challenge: A philosophy, advocacy tool and certification program, launched and operated by the Cascadia Region Green Building Council, that promotes the most advanced measurement of sustainability in the built environment possible today. It can be applied to development at all scales, including buildings, infrastructure, landscapes and neighborhoods.  To be “Living,” the building(s) must achieve each of the Challenge’s imperatives: It must generate all its own energy onsite using renewable sources; capture and treat all its own water; be constructed of nontoxic, sustainably sourced materials; use only previously developed sites; and be beautiful and inspiring to its inhabitants. The goal is true sustainability.

Load Controller: An outdoor computer installed next to an electric breaker panel and connected to 220v appliances (such as air-conditioning units, clothes dryers, water heaters and electric spa heaters). It measures the usage of power in a home and controls peak demand energy usage by defaulting to a pre-set level. As demand increases, the load controller shuts off lower-priority appliances to maintain a user pre-set demand level.

Low E: Materials considered low-e (short for “Low Thermal Emissivity”) radiate, or emit, low levels of radiant thermal energy (heat). Examples include window glass manufactured with metal-oxide coatings, housewrap materials, reflective insulations and other forms of radiant barriers.

Low NOx Certified Boiler: A natural-gas burner with improved energy efficiency and lower emissions of nitrous oxides.

Low Toxic: Generic term for products with lower levels of hazard than conventional products. Specific criteria need to be applied to this term to make it meaningful in the selection of sustainable-building materials.

Low VOC: Building materials and finishes that exhibit low levels of “offgassing,” the process by which VOCs (Volatile Organic Compounds) are released from the material, affecting health and comfort indoors and producing smog outdoors. Low (or zero) VOC is an attribute to look for in an environmentally preferable building material or finishes.

MDF (Medium Density Fiberboard): A composite wood fiberboard, used for cabinetry and other interior applications. MDF containing urea formaldehyde can contribute to poor indoor air quality.

MERV Rating: A standardized rating system used to measure a home air filter’s ability to trap small particles and allergens (ranging in size from 3.0 microns to 10.0 microns). Most filters are labeled with a MERV (Minimum Efficiency Reporting Value) rating number, on a scale from 1-20 (residential filters commonly have MERV ratings of 1-11). The higher the MERV rating, the more efficient the filter, and the more particles it can filter.

Mixed Mode Ventilation: A ventilation strategy that combines natural ventilation with mechanical ventilation, allowing the building to be ventilated either mechanically or naturally, and at times both mechanically and naturally simultaneously

Naturescaping: A landscaping method that uses native plants to conserve and create natural habitats that provides nurturing environments for wildlife.

Natural Ventilation: Ventilation design that uses existing air currents on a site and natural convection to move and distribute air through a structure or space. Strategies include placement and operability of windows and doors, thermal chimneys, landscape berms to direct airflow on a site, and operable skylights.

Net Metering: A metering and billing arrangement that allows on-site generators to send excess electricity flows to the regional power grid. These electricity flows offset a portion of the electricity flows drawn from the grid.

Net-Zero Home (aka “Net-Zero Energy Home” or “Zero Energy Home”: A home that that produces as much or more energy than the occupants consume. Net Zero homes can be independent from the energy grid supply, or energy can be harvested on-site (usually through a combination of energy-producing technologies like solar and wind) while reducing the overall use of energy with extremely efficient heating, cooling and electrical technologies.

Night Flushing: The process of removing hot air from a building during the cool evening hours, to cool elements with thermal mass within the building and flush stale air.

Nonrenewable Resource: A resource that cannot be replaced in the environment (e.g., fossil fuels) because it forms at a rate far slower than its consumption.

No VOC Paints, Sealants and Varnish: Products that don’t off-gas volatile organic compounds (VOCs). Using products with very little if any VOCs provides for better air quality.

Off-gassing: The release of volatile chemicals from a product or assembly, which can affect indoor air quality and occupant health and comfort. Offgassing can be reduced by specifying materials that are low- or no-VOC and by avoiding certain chemicals (e.g., urea formaldehyde) entirely. Controlling indoor moisture, and specifying pre-finished materials, can also reduce offgas potential.

Off-the-grid: Not connected to a public utility facility.

Organic Compound: Any of the vast array of substances typically characterized as principally carbon and hydrogen, but that may also contain oxygen, nitrogen and a variety of other elements as structural building blocks.

Passive Solar: A type of design that takes maximum advantage of the sun’s energy to help warm the home in winter and helps to redirect or block that energy to reduce cooling needs in the summer.

Photovoltaics (PV): The field of technology and research related to the application of solar cells for energy by converting solar energy (sunlight, including ultraviolet radiation) directly into electricity using semiconductors that exhibit the photovoltaic effect. Installations may be ground-mounted or built into the roof or walls of a building.

PV Cell (aka “Photovoltaic Cell” or “Solar Cell”): An electrical device that converts the energy of light directly into electricity by the photovoltaic effect.

Photovoltaic Effect: The creation of voltage or electric current in a material upon exposure to light.

Radiant Heated Floors: A way to heat spaces using radiant energy that is emitted from a heat source. There are three types of radiant floor heat: radiant air floors (air is the heat-carrying medium); electric radiant floors; and hot water (hydronic) radiant floors.

Rain Garden: A shallow, constructed depression that is planted with deep-rooted native plants and grasses. It’s designed to receive runoff from hard surfaces, such as a roof, a sidewalk or a driveway. Rain gardens slow the rush of water from these hard surfaces and hold the water for a short period of time, allowing the water to naturally filter into the ground and be absorbed.

Rapidly Renewable: A term describing a natural material grown and harvested on a relatively short-rotation cycle (defined by the LEED rating system to be ten years or less).

Recirculating Hot Water Heater: A system that uses a thermostat or timer to automatically turn on the pump whenever the water temperature drops below a set-point, or when the timer reaches a setting. Hot-water recirculation systems can be activated by the push of a button or by a thermostat, timer or motion sensor. Such systems ensure that hot water is always available without any waiting time.

Reclamation: The restoration of materials found in the waste stream to a beneficial use that may be other than the original use.

Renewable Energy Certificate (REC): A certificate representing proof that a given unit of electricity was generated from a renewable energy source such as solar or wind. These certificates are able to be sold, traded or bartered as environmental commodities, where an electricity consumer can buy the renewable energy attributes of electricity to support renewable energy, even if they’re consuming generic grid-supplied electricity that may be supplied by nonrenewable sources.

Renewable Energy Source: Materials and natural resources that can be replaced, such as wind, solar, or hydroelectric power.

Retrofit: The replacement, upgrade or improvement of a piece of equipment or structure in an existing building or facility.

R-value: A measure of insulation’s ability to resist heat traveling through it. The higher the R-value, the greater its insulating properties.

Structured Insulated Panels (SIP): Panels made from a thick layer of foam sandwiched between two layers of Oriented Strand Board (OSB), plywood or fiber-cement. SIPS are often used in panelized construction. An alternative to the foam core, they’re available with a core of agriculture fibers (such as wheat straw) that provides similar thermal and structural performance. The result is an engineered panel that provides structural framing, insulation and exterior sheathing in a solid, one-piece component.

SEER Rating: A rating system (short for “Seasonal Energy Efficiency Ratio”) used to measure the efficiency of central air-conditioners and air-source heat pumps. The higher the rating, the more energy efficient the unit; air-conditioners that are SEER-rated at 14 or higher meet Energy Star criteria.

Solar Assisted Hot Water: A solar hot water array on the roof that supplements, but does not exclusively supply, the hot water to the home. Water warmed by solar energy is pumped into the hot water heater, where less energy is required to get it hot or less cold water needs to be warmed to fill the tank.

Solatube: A patented product created in Australia and marketed as a “tubular daylighting system” (as opposed to a skylight), the Solatube is designed to capture daylight via a dome installed on a roof that is channeled down a reflective tube and distributed it into a dark interior space.

Solar Cell: A solid-state electrical device that converts the energy of light directly into electricity by the photovoltaic effect.

Solar Collector: Any device used to capture or concentrate the sun’s energy. The leaves on a tree can be considered a solar collector, as can a window, solar panel, or dark-surfaced thermal mass.

Solar Panel: A packaged, connected assembly of photovoltaic cells; it can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications.

Solar Power: The conversion of sunlight into electricity, either directly, using photovoltaics, or indirectly, using concentrated solar power (CSP).

Solar Rough-In: A method of installing plumbing and/or electrical systems that would allow a later addition of a solar photovoltaic or a solar hot-water system.

Spray Foam Insulation: Insulation that is sprayed into place and then expands to fill cavities. It acts as both an insulator and a sealant and is an alternative to the standard insulation bats. The two types of spray foam are open-cell (isocyanurate) and closed cell (polyurethane). Closed cell foams typically have a higher R-value than open-cell foam.

Staggered-stud Construction: A way of building interior walls that uses wood studs that aren’t in a straight line, but in two rows that are staggered. One row of studs supports the lath on one side of the wall, and the second row supports the lath on the other; a fiberglass blanket may be woven between the staggered studs to improve the insulation of the wall.

Straw-Bale Construction: An alternative building method using bales of straw for wall systems. Straw left over from crops (such as wheat, oats, barley, rye, rice and flax) after all the food has been extracted, is gathered, baled, compressed and tied together in bales, which are placed over a stem wall to protect the straw from the ground soil; the straw bales are stuccoed and plastered over for finishing. This building method is most appropriate for regions with relatively little precipitation.

Sustainable Design (aka “Environmental Design,” “Environmentally Sustainable Design” or “Environmentally Conscious Design”): The philosophy of designing physical objects, the built environment and services to comply with the principles of economic, social and ecological sustainability.

Sustainability: Practices that would ensure the continued viability of a product or practice well into the future.

Tankless Water Heater: A system that delivers hot water at a preset temperature when needed but without requiring the storage of water. The approach reduces or eliminates energy standby losses. Tankless water heaters can be used for supplementary heat, such as a booster to a solar hot water system, or to meet all hot water needs. Tankless water heaters have an electric, gas or propane heating device that is activated by the flow of water.

Thermal Bridging: Unwanted heat loss or gain due to conduction through a material. An example of thermal bridging is heat loss that occurs with structural steel framing that is insufficiently insulated between conditioned and unconditioned space.

Thermal Mass (aka “Heat Capacity”): The capacity of a material to store heat. When outside temperatures fluctuate throughout the day, a large thermal mass within the insulated portion of the house can serve to level out the daily temperature fluctuations since the thermal mass will absorb heat when the surroundings are hotter than the mass, and give heat back when the surroundings are cooler. When combined with passive solar design, thermal mass can play an important role in major reductions to energy use in active heating and cooling systems.

Tyvek: A protective fabric made of polyethylene developed by DuPont. Large sheets of Tyvek are frequently used as “house wrap,” to provide a water barrier between the outer cladding of a structure and the frame and/or insulation, allowing water vapor to pass while restricting air infiltration.

U-Value: A measure of the amount of heat that flows in or out of a substance under constant conditions when there is a one degree difference between the air within and outside a building. U-values are used in determining the performance of a glazing system or window assembly.

Volatile Organic Compound (VOC): An organic compound that vaporizes and become a gas at room temperature with harmful effects on air quality. Common sources that may emit VOCs into indoor air include paint, pesticides, carpet and adhesives. In sufficient quantities, VOCs can cause eye, nose and throat irritations, headaches, dizziness, visual disorders, memory impairment; some are known to cause cancer in animals; some are suspected of causing, or are known to cause, cancer in humans.

Water-Source Heat Pump (aka “Groundsource Heat Pump”): A heat pump that uses a well or heat exchanger to transfer heat from water to the inside of a building. Most such units use ground water.

Weatherization: The process of reducing the leaks of heat from or into a building. It may involve caulking, weatherstripping, adding insulation and other similar improvements to the building shell.

Wind Power: A system that converts air movement into mechanical or electrical energy. Driven by the wind, turbine blades turn a generator or power a mechanical pump.

Xeriscaping: A landscaping method that makes routine irrigation unnecessary; it’s used in arid areas and incorporates native plants that can tolerate infrequent watering. It uses drought-adaptable and low-water plants as well as soil amendments such as compost and mulches to reduce evaporation.

 

Related Posts:
1. 
Green-Building Basics: Understanding the Various Certifications
2. Rare Gem on the Market: LEED Platinum Home in NorthWest Crossing
 

Are you searching for a sustainably designed home in Central Oregon? If you’d like help navigating this up-and-coming specialty market, email me for more information or contact me directly at 541-480-0987.

About the Author:
Lisa Broadwater, GRI, CDPE is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

 

Posted in For Buyers, Green Building, Home & Design, Uncategorized | Tagged , | 2 Comments

One Listing, Two Results: A Home Staging Do and Don’t — in the Same House

Home-Staging How to: Learning from a  Sisters Listing At our last Sisters broker tour (which was, coincidentally, scheduled for Valentine’s Day), I was reminded of the importance of staging. We viewed seven new listings that ranged in price from $149,990 to $725,000, and of those seven, one clearly stood out. It wasn’t the most expensive one or the one that was the best bargain. It was the one that looked, far and away, the most inviting.

Surprising enough, the occupant was a tenant. You sure wouldn’t have guessed it, though — this space felt like home. Even before you set foot inside, you knew you were in for something special. The warmly appointed front porch set the tone for things to come.

Home-Staging How to: Learning from a  Sisters Listing

Inside, each room held a number of visual vignettes that all worked together to create a very specific sense of place. The overall ambience was rustic and casual but not overly masculine (in fact, there were a number of welcome feminite touches). Comfortable and cozy but not dated. Definitely cowboy-influenced but not kitschy.

The rooms were all extremely welcoming; each distinct space within the overall surroundings encouraged exploration. There were even a few nods to Valentine’s Day. I couldn’t wait to see what surprise each room held. That’s exactly the reaction a seller wants potential buyers to experience, but too often is not the result achieved.

Home staging how-to: Learning from a Sisters ListingOftentimes, when I tour “staged” homes, that’s exactly how the home feels: very staged. Sterile, like a showroom. Pristine. A bit forced and a tad too done. There’s definitely a formula that most stagers follow when they fill the key rooms that are typically tackled (kitchen, dining room, living room, master bedroom, master bath).

Granted, while the ambiance may seem a bit contrived in these spaces, they are still infinitely more inviting than a vacant home. Nothing says “uninviting” like a home stripped of its insides.

Here’s a closer look at what made this listing so memorable:

Home staging how-to: Learning from a Sisters Listing

Home staging how-to: Learning from a Sisters Listing

Home staging how-to: Learning from a Sisters Listing

Home staging how-to: Learning from a Sisters Listing

Home staging how-to: Learning from a Sisters Listing

 

Meanwhile, Back at the Internet
On the flip side, while this house showed impressively well in person, the same could not be said for its presence online. A few days after the tour, I checked out the MLS listing and was shocked to discover that photos of the home still included a houseful of Christmas decorations. Photo after photo featured rooms adorned with holiday fare. Folks, it’s almost March. Those photos filled with snowflakes and Santa Claus should be long-gone. Especially in this case, where the current state of the home is a real selling point.

Regardless, there’s no excuse for outdated holiday-themed photos remaining on MLS long after a holiday has passed — especially one as iconic as Christmas. All that does is announce to the scores of potential buyers who are trolling online — weeding through their options and writing off the ones that don’t pass their initial visual test — that your home has been on the market for months. It also distracts them from the job at hand: admiring your home, not checking out your clever Christmas decor.

Considering that about 90 percent of today’s real estate buyers begin their search online, you’ve just made a very bad impression on the majority of the folks who might have bought your house but instead have moved on to the next option on their property-search list. And that’s a real shame.

The lesson here for sellers: Review your listing online periodically, so that you can experience the same first impression that most potential buyers will have. If the photos that your agent has posted are outdated, get them replaced with current ones.

About the Author
Lisa Broadwater, GRI, CDPE, is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

Posted in For Sellers, Home & Design, Homeowner Tips, Uncategorized | Tagged , , | Leave a comment

Tumalo, Oregon Real Estate Market Report for January 2012

Tumalo Oregon real estate market report for January 2012The Tumalo Residential With Acreage real estate market started the new year off strong: Both Pending and Closed sales were double that of December’s. And although the number of Active listings increased slightly (up from 48 in December to 53 in January), and the overall supply increased slightly, Tumalo now has almost half the inventory that it carried in January 2009 (when there were 99 listings) and a very respectable supply of just 7.6 months (compared to 37 months in January 2009).

As for what price points were active in January, all four listings that sold closed at less than $200,000. Of the eight Pending sales, three are listed for under $250,000; four are between $250,000 and $350,000 and one is listed at $959,900. 

As a horse-property specialist, Tumalo has always been of particular interest to me because that’s where you’ll find many of the most desirable horse properties in Central Oregon. Because its boundaries are up to interpretation, please consider the following statistics a general barometer of the area’s real estate activity that includes most, but not necessarily all, of the listings in Tumalo.

Here are a few January highlights of the Tumalo real estate market:

LISTING ACTIVITY
Active Residential With Acreage Listings in Tumalo:
  53
Contingent Residential With Acreage Sales in Tumalo:2
Pending Residential With Acreage Sales in Tumalo:  8
Residential With Acreage Closed Sales in Tumalo:  4
Average Days on Market:     212 days for Active RW listings
124 days for RW listings sold in January

Median Sales Price      $595,000 for Active RW listings
$175,000 for RW listings sold in January

INVENTORY
Residential with Acreage: 7.6-month supply (84 sales in the previous 12 months)

SALES PRICE
Least-Expensive Residential with Acreage Active Listing: $99,900
Most-Expensive Residential with Acreage Active Listing: $4,900,000
Price Point with the Most Active Listings: $250,000-$299,999 (with 5 listings) & $750,000-$799,999 (with 5 listings)
Listings at $1,000,000 or more: 13

If you’re interested in studying the market in more depth, below are several charts that capture various aspects of the January Tumalo real estate market in detail.

Tumalo Oregon real estate market report for January 2012

Tumalo Oregon real estate market report for January 2012

Tumalo Oregon real estate market report for January 2012

If you’d like to get the latest update on the Tumalo real estate market,  don’t hesitate to call me directly at 541-480-0987 to find out more.

About the Author:
Lisa Broadwater, GRI, CDPE is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Bend and Redmond.

Posted in About Tumalo, Oregon, Tumalo Market Reports, Uncategorized | Tagged , | Leave a comment