Predict Your Real Estate Market | Tool from CNN/Money
Here’s a tool from CNN/Money to predict the change in various real estate markets.
Corvallis, OR Metropolitan Statistical Area:
- Forecast change: second quarter, 2011 – second quarter, 2012 +3%
- Forecast change: second quarter, 2012 – second quarter, 2013 +9.9%
This tool tracks 384 markets. It will be interesting to see what actually happens.
Track a market near you: Home Price Data on 384 Markets
Home For Sale | 3145 NW McKinley Drive, Corvallis, Oregon 97330
Looking for a home to buy in Corvallis, Oregon? This could be the one…
Comfortable living and a tranquil setting in a beautiful NW Corvallis location. Plenty of play space on .25 ac lot. Oak flooring in most living areas; carpet in family room, tile entry and Marmoleum® in kitchen and 2 baths. Open kitchen has stainless appliances, quartz counters and artistic tile splash. 2 woodburning fireplaces. Lower level bonus room. 4 bedrooms, 3.5 baths, ±2133 square feet, .25 acre lot.
Comfortable living and a tranquil setting in a beautiful northwest Corvallis location. Plenty of sunny spots and the opportunity to enjoy the dappled sunlight as it filters through the mature trees. Spacious .25 acre lot provides an abundance of outdoor play space. Inside you’ll appreciate the recently refinished oak flooring in most of the main living spaces; newer carpet in the cozy family room; updated tile entry and newer Marmoleum in kitchen and upper level baths. The open kitchen has newer stainless appliances, quartz counters with a delightfully artistic tile splash, a large hammered copper sink and newer lighting. Woodburning fireplaces in the main level family room and the living room are great for cozy, quiet time. Picture windows capture the natural feel. The lower level bonus with nearby bath has potential for dual living, home office, or hobby space. Additionally, you’ll find a half-bath located off the main level laundry, near the kitchen and family room and a spacious 2-car garage.
This home is located close to several great Corvallis Parks, including Cloverland Park (approx. .50 mile); Timberhill City Park (approx .25 mile); Timberhill Natural Area (approx. 3 miles) includes 47 acres of natural area; Riverfront Commemorative Park in Downtown Corvallis (approx. 3mi).
This property also provides easy access to Good Samaritan Regional Medical Center (approx. 2.5 miles); Oregon State University (approx. 2.5 miles); local shopping at Timberhill Shopping Center (approx .5 mile) and of course many, many more local attractions and amenities.
World’s Most Ethical (WME) Companies | Realogy Makes the List
Very proud to see that Realogy is included as one of the World’s Most Ethical (WME) Companies.
Realogy is the parent company for Coldwell Banker. Another good reason to be affiliated. Check out the original post: List of World’s Most Ethical Companies
Home For Sale | 1665 NW 11th Street, Corvallis, OR 97330
Comfortable living, close to everything Corvallis has to offer (Walkscore 85).
Spacious and open floor plan flows from living to dining to kitchen to family. Sunny breakfast nook off kitchen is a great “hang-out” spot and ideal place to soak up the sun. Two steps down (at the same level as the entry) is the family room, large laundry and full bath. Upper level provides 4 large bedrooms with fir flooring under carpet. Master with attached bath and large walk-in closet. Landscaped yard with wide driveway (RV parking). Easy access to 9th Street shopping, neighborhood schools, downtaown and Oregon State University. 4 Bedrooms, 3 baths, ±2391 sq. ft.
Now…this…is home… Comfortable living, close to everything, with a walk-score of 85. The sheltered front door leads to a wide and open entry. Just two steps up and you’re ready to nestle into the spacious yet cozy living room and bask in the warm glow of the gas fireplace. The flowing floor plan leads from the living room to the light and bright, formal dining area and then to the large kitchen. A wonderful space for entertaining and parties. Settle into the adjacent breakfast nook with the morning paper and your coffee or juice and savor the sunlight. Entry, kitchen and breakfast room enjoy warm wood flooring. Two steps down from the kitchen and at the same level as the entry, is the family room, a hub-of-fun, your ideal game, media, hobby or TV room which features built-in sewing cabinet and bookcases. Nearby you’ll find a full bath, with jetted tub and a large laundry/mud room with a door to the backyard. Upstairs are 4 very large bedrooms with fir flooring under carpet, including the master with attached bath with wide shower, Marmoleum® flooring and large, walk-in closet. The second bath includes double vanity, tub/shower combo and Marmoleum® flooring. Outdoors you’ll enjoy extended living many seasons of the year with the covered deck that’s accessible from both the dining room and breakfast nook; it’s the ideal outdoor dining and BBQ spot. Landscaped backyard is easy care with potential for raised bed gardening, rose bed and there’s a garden shed. The wide driveway can easily accommodate an RV, boat, big-wheels, four-square or chalk-art. This home is very close to local schools and you’ll enjoy the wide open expanse that comes with nearby Garfield Park and it’s also very close to Porter Park. Easy access to 9th Street businesses including Market of Choice, Trader Joes, restaurants and retail establishments. 4 Bedrooms, 3 baths, ±2391 sq. ft.
MLS# 650004
For more information or a personal showing, contact Dava
Is A New Home On Your Gift Registry?
Is A New Home On Your Gift Registry?
If you’re planning to get married and buy a home, but wonder where your down payment funds will come from, FHA might have a solution for you.
FHA has a Bridal Registry program that allows the money you receive as a wedding gift to be used towards your down payment. With this special program, friends and family can now give you something you really want – money for your first home! Forget Crate & Barrel and Macy’s and achieve your dream of homeownership.
Here’s how it works:
- Inform your mortgage professional of your intention to obtain all or part of your down payment from gifts to the “bridal registry” account
- Open an interest bearing account at any FDIC insured bank prior to the wedding;
- Spread the word to friends and family;
- Keep a ledger of the funds and who they are from;
- All of the gift funds can go towards the FHA required 3.5% down payment;
- There is no requirement that you be married prior to closing on your new home
- Change in plans? Withdraw the money and use as you wish
It’s that simple! The sooner you open your Gift Registry Account, the quicker the funds can accumulate.
This guest post was provided by
Holly Smith
Senior Mortgage Banker
MLO-211163
Pacific Residential Mortgage, LLC
2405 14th Ave. SE, Suite C
Albany, OR 97322
Office (541) 791-2612 ext 202
Cell (541) 740-3777
Fax (541) 791-2625
Toll Free (800) 207-7984
Driving directions to my office
Corvallis Home For Sale | 4364 NW Jon Place, Corvallis, Oregon 97330
Want a great home in Corvallis? Looking for RV Parking or an RV garage? This home is Open, airy and light.
All the space you need and then some… With a floor plan that features good separation of living spaces on a variety of levels. And, it has a MAIN LEVEL MASTER. Vaulted living room is spacious and features a gas fireplace. Enjoy family gatherings and entertain friends in the spacious kitchen that has generous amounts of counter and cabinet space and an island cook-top, casual in-kitchen dining and formal dining adjacent. There is plenty of space and a possibility for dual living. Lower level features a large family room and a gas stove and a very large 4th bedroom and a full bath. The fenced yard has extensive decks and patio areas. Plus a gazebo area that would be the perfect place to set your hot tub or convert to covered picnic area. There’s RV Parking and a bonus space off garage that provides that coveted space for working out, crafting, other hobbies or additional storage. 4 bedrooms, 3 baths, 2663± sf.
MLS# 649474
Home for Sale | 1990 Salmon Run SW, Albany, OR 97321 $245,900
NEW PRICE!
Custom quality home for Sale in the Spring Meadow Subdivision
This is the only one like it in the Spring Meadow subdivision of Albany, Oregon. Custom quality home in impeccable condition, features a hardwood entry, vaulted ceilings, main level master, beautiful stainless and cherry kitchen with island and specialty cabinet features. The living room has a gas fireplace. Master features double vanity, separate shower and soaking tub. Comfortable all year long with gas forced air heat and central air conditioning, electric powered Sunsetter awning. Landscaped with sprinklers, concrete walk-way entire perimeter of house and a fenced backyard with wide side-yard. Oversize 2-car garage. 3 bedrooms, 2.5 baths, ±2186 sq. ft.
Not another like it. This home is the only one of this floor plan in the Spring Meadow subdivision. 3 bedrooms, 2.5 baths, great room style living/dining area, breakfast nook and laundry room.
- Dramatic entry with Brazilian Cherry flooring and soaring vaulted ceilings.
- Large living area with gas fireplace features vaulted ceiling and space that flows to kitchen and dining
- Kitchen has
- center island
- cherry cabinets with specialty cabinets features like pull out drawers and lazy-Susan
- stainless steel appliances
- Main level master is large enough to accommodate large furniture pieces and features a walk-in closet
- The attached bath has:
- double vanities
- a separate shower
- garden tub
- Upstairs find:
- large additional bedrooms
- a full bath
- and an alcove at the top of the stairs that can accommodate your computer, reading nook or display cabinets
- Outside delight in the landscaped yard with:
- easy care with walk-ways that circle the whole house
- a fenced backyard
- large side yard and generous amounts of patio space.
- Create your own shade with the electric awning patio cover
- Extra wide side yard is ideal for extra patio space, possible hot tub area, container gardening small RV
- Comfortable all year long with gas forced air heat and central air conditioning
- Oversize 2-car garage
- Corner lot provides additional privacy to this beautiful yard
- Great location near LBCC and major corridors makes your work, play and shopping commute a breeze
MLS# 649394
For more information or a personal tour contact Dava
Related Links:
Search for Albany Homes
City of Albany Web Site
Albany Oregon Chamber of Commerce
Albany, Oregon School District
NEW PRICE!! HOME FOR SALE– 4015 NW Elmwood Drive, Corvallis, Oregon $450,000
HOME FOR SALE– 4015 NW Elmwood Drive, Corvallis, Oregon
Contemporary styling is beautiful, warm and inviting. They say the kitchen is the heart of the home and this gourmet kitchen proves it with space for all. Tons of storage, specialty cabinets and plenty of counter-tops. Designed for fun, formal and informal living areas provide the spaces you need. Upper level suite with second full kitchen is perfect for long term guests or any large gathering. Sumptuous master suite provides a quiet respite. Outdoors find extensive decking, sport court and private yard space. 5 bedrooms, 4 baths, approximately 5,144 sq. ft.
Located in a desirable Northwest Corvallis neighborhood on a quiet cul-de-sac, this beautiful home is close to local parks and schools, Oregon State University Campus, CH2M Hill, shopping, medical facilities, and has easy access to downtown Corvallis. Take advantage of local hike and bike paths and close access to Bald Hill Natural Area. Large windows and skylights throughout this home maximizes use of natural light and views. Established landscaping and multiple outdoor areas allow you to enjoy what’s in your own backyard, literally.
Relax or entertain in the formal living room with large windows, mirrors and skylights that maximize natural light and wooded views. Access to the dining area, lower level, mid level and upper levels of the home. Formal dining rooms is an entertainer’s delight with an open floor plan to both the kitchen, formal living room and large back deck. Pass through counter-top to kitchen allows for passage of food and conversation. Custom built buffet with two inset chaffing dishes is great for large dinner parties and gatherings. Glass fronted cabinets are mirrored and lit for display of all your fancy glassware. Lower cabinet storage is great storage for dishes, linens, serving pieces and more.
Chef’s ultimate dream kitchenhas ample room for multiple chefs and many hands and features black appliances including a side-by-side refrigerator, microwave, double wall ovens, dishwasher, trash compactor and in-island cooktop. Kitchen also has abundant storage for all your kitchen gadgets and food, including step-in pantry, counter-top appliance hideaway and dual storage closets. Custom cabinets have several bells and whistles including pull-outs, divided utensil drawer, spice rack pull-out, wine storage, cookie sheet and cutting board storage, and extra deep divided drawer. Prep area with smal sink and marble pastry board is a great space for cooking projects. Built-in workstation and eat-in dining area makes the kitchen a true hub of activity within the home.
Enjoy the ultimate getaway in your own home. Just a few steps up from the main level find peace and tranquility in the master suite with vaulted ceilings, large windows with wooded views and a private deck. Master suite also features two walk-in closets with built-in dressers and tie rack for all your clothes storage needs. From the attached spa style master bath you can enjoy tree top views from the large jetted soaking tub. Bath also features built-in magazine rack, large make-up counter with huge mirror and separate shower room with vanity and storage. An additional two bedrooms and full are located just down the hall from the master. Hallway features art niche, linen closets and laundry chute.
On the lower level you’ll find a spacious and fun area where you can bring family and friends together. Enjoy game nights, TV and movie viewing, or casual hanging out in the lower level family and game room. Wet bar provides an area for snacks and beverages, woodstove with fossil embedded stone surround keeps the room cozy and warm, and private patio and lawn area is a great space when the games move outdoors. Lower level also features a bedroom, full bath, and large laundry room with lots of storage, folding laundry table and built-in ironing board.
You can get the party started in the upper level great-room style family room. Features a second full kitchen with refrigerator, dishwasher, freestanding range, garbage disposal and counter-top blender, as well as upper glass fronted, mirrored and lit cabinets, ideal for display storage. Great-room style family room also features a large, private patio, vaulted ceilings, and a huge expanse of windows and skylights to maximize the natural light. Upper level also has afull bath, bonus room, multiple storage closets, and a secondary suite with two closets and private patio with wooded views.
Interconnected outdoor areas include main living cedar deck, private master suite cedar deck, sport court, and game room patio and lawn area.
MLS#623846
Search for more homes for sale in Corvallis here.
HOME FOR SALE – 1175 SW West Hills Place, Corvallis, Oregon $350,000
New Price!
HOME FOR SALE – 1175 NW West Hills Place, Corvallis, Oregon
From the covered front porch to the immaculate interior, this home has many features that make living here a joy! Wood flooring through entry, dining, hallway and kitchen and beautiful finishes include crown moulding, granite counters with glass tile splash in open floorplan kitchen, plus extra space in all-season room. Master is located on the main level with separate tub, shower, and marble counters. Breathe easy, gas forced air with whole house HEPA and UV system. Cul-de-sac location, landscaped yard adjacent to green space with wide sideyard and concrete pad. 4 bedroms, 2.5 baths, approx. 2452 sq. ft.
Located on a quiet cul-de-sac backed by green space in southwest Corvallis, this beautifully immaculate home is convenient to shopping, Oregon State University, Corvallis Country Club, downtown Corvallis and Philomath. Enjoy outdoor recreation opportunities at nearby Bald Hill Natural Area, Starker Arts Park, Sunset Park, Irish Bend Covered Bridge path and several bike paths.
Quaint curb appeal welcomes you home with a lush landscaped yard and wonderful covered porch. Family room is open to kitchen with a great-room style floor plan, ceiling fan, gas fireplace with stone tile surround and sliding door that provides access to sun room. Kitchen is neutral and bright with granite counter-tops and glass tile backsplash, beautiful hardwood floors, white appliances, island with breakfast bar, and large pantry. Dining room is accessible through the kitchen and has beautiful hardwood floors and crown molding.
Main level master suite is spacious and bright with walk-in closet and attached master bath with dual sink vanity with marble counter-tops, large soaking tub and separate walk-in shower. Secondary bedrooms are light and neutral, generously sized, and located on upper level. Upper level main bath has large vanity and shower/tub combo.
Sun Room is located off the family room through sliding doors and is ideal as a rec room, gym, craft area, or a place to read and relax. Finished with heating/cooling, and laminate flooring with access to backyard. Side yard has concrete pad and gravel, great for RV parking, or large toy storage. Home has gas forced air/AC with whole house HEPA filter and UV system. This is an upgrade that’s a huge benefit to those that are dust and allergen sensitive, making living in the Willamette Valley much easier! Laundry and powder bath are located on main level.
Seller is providing a 1 year home warranty.
Search for more homes for sale in Corvallis here.
Investment Property Exchange Pit-Falls
Don’t make these mistakes: Common errors that create problems with 1031 exchanges.
Most real estate investors know that one of the very best tools for delaying capital gains taxes is to utilize a tax provision called a 1031 exchange. The 1031 comes from the section of IRS Tax code that is applicable and the “exchange” part comes from the pr
ocess by which the investor trades-up into the next property without incurring immediate tax consequences (in other words the income and capital gains tax consequences are deferred to a later date).
The rules are stringent and must followed exactly for the exchange to work. Best intentions are not acceptable to the IRS and your state tax board.
I recently learned that 1o31 Exchanges are identified by the California Francise Tax Board as one of the top audit topics and the four top issues (as provided by IPX1031) are:
“1. Failure to make a proper identification or comply with other technical requirements of Section 1031;
2. That the relinquished and/or replacement property are not held for a qualifying purpose (held for investment or productive use in a trade or business). For example, the property is used for personal purposes or it is held primarily for sale;
3. The taxpayer who sells the relinquished property is different from the taxpayer who acquires the replacement property; and
4. The taxpayer receives non qualifying property in the exchange (boot), but fails to report it on their tax return.”
I understand that only relates to audits conducted by the State of California, but the issues that are found in California will not be that much different than those found in Oregon. Taxing authorities are looking for areas to make up for lost revenue. You don’t want it to be the mistakes you make in your real estate purchase or sale.
It also emphasizes the importance of having a 1031 exchange facilitated by a Qualified Intermediary that knows and complies with the requirements contained in the 1031 statute and regulations.
If you are interested in finding out more about investing in real estate, 10310 Exchanges, buying or selling real estate in Corvallis, Philomath, Albany or Lebanon, I’d be happy to help! Contact Dava
related links:
History of 1031 “Starker” Exchange (did you know it originated in Oregon?)
IPX1031 (user friendly, detailed information about exchanging property)
Equal Housing Opportunity. Each Office Is Independently Owned and Operated.