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Monday Morning Coffee

Monday, May 9, 2011
by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"Infinite patience produces immediate results."
- Unknown


TIRED OF WAITING?

Have you ever wanted something special to happen in your life or desired to attract a person or outcome into your life? Maybe you laid specific plans that should have produced the desired results. Maybe you prayed that the results would occur. Perhaps you focused on the desired outcome with great intensity over an extended period of time.

What was your response when nothing happened, when there occurred not the slightest apparent movement towards your desired objective? If you became impatient, chances are good that you were too attached to the outcome. Perhaps, while you were waiting, you were also skeptical or allowed friends and associates to dampen your belief that the desired outcome would occur

Today's quotation at first glance appears to be at odds with itself. After all, there's a great chasm between "infinite" and "immediate." Yet, when you exercise infinite patience, the desired results often appear immediately, or so it seems. Patience means not being so attached to the outcome that you sit waiting minute-by-minute for the results. When you take action to achieve or strongly believe in your objective, it cannot NOT occur.

When you are detached from the outcome, you do not sit idly by waiting for the result. You continue doing other things, moving towards other outcomes. As you do, the results you sought earlier come to you of their own accord and at the appropriate time. You cannot rush them, and they often come disguised as other outcomes.

The next time you desire a specific objective, keep it to yourself. Avoid putting it out on the line for all to see and criticize. Exercise infinite patience, and know that what you desire is already on its way to you. Then, recognize its arrival with gratitude!

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Foreclosures and Shortsales in Today's Market

Thursday, May 5, 2011
by Liz Warren

Tracking distressed sales on the mountain in the area from Government Camp to Brightwood shows that short sales and foreclosures make up 40-50% of our area sales over the past several months on average. Nationally, these numbers match. Here is a chart showing the short sales and foreclosure movement.

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Having Appraisal Issues?

Thursday, May 5, 2011
by Liz Warren

Recent area transactions for Welches, Government Camp, Rhododendron and Brightwood bring challenges if using a bank to obtain a mortgage. One of the many pieces of the puzzle is the appraised value of the property. Lenders send out the appraiser to determine the value of the property they plan on lending on.

Today's appraisals are conservative in nature as all banks are trying to reduce risk in lending after the recent bubble fiasco.

Did you know that 35% of appraisals run into issues? Here is some information breaking down the numbers from NAR.

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Morning Coffee

Tuesday, May 3, 2011
by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"I am looking for a lot of men who have an infinite capacity to not know what can't be done."
~ Henry Ford


EVER BEEN CRITICIZED?

If you've ever had a dream - you've also had critics. It seems they show up right on cue every time that special new dream begins to form. Critics come in the form of family members, employers, friends, and associates.

Interestingly, the only opinion worth listening to is your own. The opinions of others simply reflect their own limitations - and have nothing to do with the achievement of your dreams. Just imagine how shallow the world would be today if the following individuals had listened to their critics:

Arnold Schwarzenegger's family said, "How long will you go on training all day in a gymnasium and living in a dream world?"

Mary Kay Ash's attorney advised two weeks before her first store opening, "Liquidate the business right now and recoup whatever cash you can. If you don't, you'll end up penniless."

His teachers to Ray Charles: "You can't play the piano, and God knows you can't sing. You'd better learn how to weave chairs so you can support yourself."

What Diana Ross heard her teacher say when auditioning for a high school play: "You have a nice voice, but it's nothing special."

Have a dream? Live it, pursue it, and achieve it - with a passion!

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Portland Pricing Chart vs. Other Cities

Tuesday, April 26, 2011
by Liz Warren

Here is the latest chart from Case Shiller showing the 20 city composite comparative over time just released in March 2011. These numbers indicate we are almost on the edge of a double dip. Surprisingly, pirces are off 58% from the peak in Las Vegas and only 6.8% in Dallas. Portland is down 26.4% from the peak of pricing.

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Morning Coffee

Monday, April 25, 2011
by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"If you have built castles in the air, your work need not be lost; that is where they should be.
Now put the foundations under them."
- Henry David Thoreau


BUILD YOUR OWN!

"Follow the yellow brick road," sang Dorothy and her unusual entourage in The Wizard of Oz, as they marched toward the Emerald City. The road was clear and their direction set. What they didn't know was that the good witch and the joyful munchkins had sent them down a road leading to a wanna-be fake wizard behind a curtain.

Have you ever had friends or family direct you to take a "yellow brick road" of their imagining? If you blindly followed their advice, you may have ended up in your own Emerald City of disappointment. The truth is that you have the power to create and follow a yellow brick road of your own, one that leads to the realization of your dreams.

The hard part is that YOU must also lay the paving stones of that road. You must first decide on a destination, and then be certain that each brick faces in that direction. Along the way, you may be distracted by winged monkeys or a wicked witch of your own making. If you succumb to those distractions, you may look back to find that your paving stones are uneven and lead in the wrong direction.

Only by having your destination clearly in mind will you arrive unscathed by life's many dead-ends and hairpin twists and turns. You must also be committed to the work involved - choosing only the right bricks, having the patience and perseverance to lay them straight, and the strength to avoid life's temptations as you work.

In the words of Thoreau - "If you have built castles in the air . . . "

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Morning Coffee

Monday, April 18, 2011
by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"The tragedy of life is not so much what men suffer, but rather what they miss."
~ Thomas Carlyle


TAKE A SIESTA!

When setting goals and planning our future, we sometimes fail to look far enough ahead. Consider the following story:

An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

The Mexican replied, "Only a little while." The American then asked, "Why didn't you stay out longer and catch more fish?" The Mexican said, "With this I have more than enough to support my family's needs." The American then asked, "But what do you do with the rest of your time?"

The fisherman said, "I sleep late, fish a little, play with my children, take siesta with my wife, then stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full and busy life."

The banker scoffed, "I'm a Harvard MBA and could help you. You should spend more time fishing; and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat you could buy several boats. Eventually you would have a fleet of fishing boats. You would eventually open your own cannery and control the product, processing and distribution. You could leave this small coastal fishing village and move to Mexico City, then Los Angeles, and eventually New York where you will run your ever-expanding enterprise."

The fisherman asked, "But, how long will this all take?" To which the American replied, "15 to 20 years." "But what then?" asked the fisherman. The banker laughed and said, "That's the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich. You would make millions."

"Millions? And then what?" The American said, "Then you would retire. Move to a small coastal village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos." (!!!)

So . . . what are you working for? The IPO or the good life? Stop working toward "someday," and appreciate your success on this day. Take time to enjoy the siesta!

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Mt. Hood Bite Second Event

Monday, April 18, 2011
by Liz Warren

Last years Bite which was put on by the Mt. Hood Chamber of Commerce was a huge fund raiser and success! This year the event will be heald at the Resort at the Mountain in the Mallards. Save the date, May 14th! Here are details with more to come. BITE DETAILS HERE  5-9PM.

The Bite

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Mt. Hood Real Estate Sales for March 2011

Saturday, April 16, 2011
by Liz Warren

March fell short of the prior two months in total sales on the mountain. Five sales were closed this past month and all were distressed. Two of the sales were FHA financed, two cash and one conventional mortgage.

Mt. Hood March Sales for 2011

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Mt. Hood Market Action for March 2011

Saturday, April 16, 2011
by Liz Warren

The RMLS has just released the "market action" for our mountain area for Government Camp, Welches, Brightwood and Rhododendron listings and sales. This chart compares sales, listings and compares last year from this year at the same benchmark time.

Mt. Hood March Action for 2011

Two numbers jump out at me in the stats. One is the increased marketing time for a sale and secondly the pending sale numbers down nearly 50%. We have historically low interest rates, excellent affordability levels yet buyers are not coming in to swoop up the deals. Some of the biggest names in real estate are saying this is the best time to buy property that we will see in our lifetimes. I'm speaking of Donald Trump, Barbara Corcoran, and John Paulson (who predicted the housing bubble).

Buyers should be jumping in and taking advantage of this time before interest rates creap up. Predictions are that they will hit 5.4-5.7% by the fourth quarter!

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Displaying blog entries 1271-1280 of 1911

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