Wednesday, November 18, 2009

The American Beauty




Built For Enteraining-This well built standout is packed with potential & lots of extra features. Details include: covered front porch, arbor, hardwood entry, formal & informal living areas, fireplace, sought after 4-bedroom/2.5 bath, oversized lot in est. neighborhood & so much more! Shop offers extra space for all of your projects or in-home office, you decide! AHS Home Warranty Included In Sale

Friday, October 23, 2009

Criminally Naive

I was raised to be a nice girl. You know the one that respected her elders, didn't talk back & all of that. Imagine the epiphany that I had at the young age of 23. I was diligently working two jobs for a year & a half to make ends meet when a business man actually lied to avoid paying my commission. It was beyond my comprehension that a man in the business community would actually lie to avoid paying my commission. As a distraught young professional, I called my father to ask why he hadn't prepared me for this life lesson. Life Lesson # 1. People, even professionals, have the capacity to lie, steal & cheat!



As I'm sure that most real estate agents will attest, the Obama First Time Home Buyer Tax Incentive has stimulated the real estate market, ggiving a much needed boost to the sluggish real estate marketplace. Inventory levels are dropping as a result of this and several other factors. Wouldn't you know that it's now coming to light that there's been an excess amount of fraud. Luke Mullins of U. S. News & World Report (10/22/09) reported the following, " Using computer programs & other means, a Treasury Department inspector general has identified more than 90,000 cases totaling more than $ 600 million in questionable first-time home buyer claims, while flagging shortcomings in the Internal Revenue Service controls." It appears that one of the more flagrant claims was made on behalf of a 4 year old. The article goes on to report that the inspector general has found at least 580 taxpayers under the age of 18 filing for the tax credit. One would have to then surmise that secondary home buyers are filing, along with others who have the capacity to dummy up documents or even be brazen enough to claim the credit without any documentation at all. Net/net, this once again catches me off guard. Who woulda thunk? Certainly, not the criminally naive!!!

As with all programs, there needs to be refinement, revision & reassessment. Does the IRS have enough manpower to monitor & review these claims? If not, why not? Let us all hope & pray that the political forces against the program will stop long enough to realize that this program has been effective, revisions are warranted & that more support is needed to monitor the claims. Let us all pray that those who practice fraud will get their just desserts, sooner vs. later. Let us stand strong as a real estate community and fight for the tools that we need to survive!

Wednesday, October 21, 2009

Utopia + An Ocean View!



Opportunities abound in the hub of southwest Seaside's desirable Ocean Vista neighborhood, where a truly unique three-unit home complex is seeking to be "yours, mine, and ours." Ideal for a multi-generational family or for an owner searching for a charming vacation rental prospect, this sunny brick trio features a private garden courtyard with loads of state-of-the-art built-ins for entertaining, breathtaking views of the ocean, and an unparalleled location, merely a few feet from the sandy shore.

Brick Bungalow:

Through the French doors of the quaint and cozy brick guest cottage is a welcoming gas fireplace which invites visitors to pull up an easy chair, enjoy the warmth of the fire, and reflect on a day spent at the ocean's shore, a mere stone's throw a way.
This charming home has been richly appointed in a rustic yet elegant Tuscan style. The walls of knotty pine tongue-and-groove are resplendent in warm red, while the wood ceiling displays one-of-a-kind ornate hand-craftsmanship. Smooth ceramic tile covers the floor throughout.

Near the fireplace is the modern kitchen with a sturdy island/breakfast counter, where guests can pull up a stool and read the newspaper while the coffee perks. The antique-finish white cabinets, some with glass windows, and intricate silver knobs and pulls enhance the Tuscan appeal with incredible attention to detail. Ceramic tile covers the countertops, lending both beauty and function. Nearby is a spacious and useful pantry closet, covered by a French door.

The comfy, informal living room is ideal for a wine party with a small gathering of friends, or simply curling up with a good book, while the adjoining dining room, complete with a second gas fireplace, invites guests for a four-course meal into its more formal atmosphere. A built-in media cabinet, complete with yet another beautiful French door, can hold all the makings of a great movie night.

Slip away to serenity in the spacious bathroom with spa-like jetted tub and glass-encased shower. Utilities are accessible and cleverly hidden behind wooden doors. After a long bath, slip into the tranquil master bedroom, drifting off to sleep to the sounds of the ocean's gentle lullaby. The roomy walk-in closet, accessed through a French door, is a fashionista's dream-come true.

Private Fenced Courtyard

The guest cottage adjoins the nearby duplex by way of a garden courtyard, which has been designed with fun and entertainment in mind. An eight-foot cedar fence and gate encircles the courtyard and promises privacy. Perfect for an outdoor party, the courtyard features a built-in bar with colorful tile countertop and a cedar roof (no rain in your margaritas!). A refrigerator beneath the bar can hold beverages and hors d'oeurves, and outdoor electrical outlets provide power for the fun, outdoor lights. Guests can warm themselves by the built-in brick fireplace while they wait for burgers cooking on the nearby barbecue grill, also built-in.

For maximum relaxing, invite guests for a soak in the courtyard's bubbling hot tub, which is included in the sale. If a quiet evening is more your style, the courtyard also has plenty of room for a cozy bistro table and chairs, where you can enjoy a glass of your favorite wine under the evening stars.

Duplex

Opposite the guest cottage, across the courtyard, is a large, matching duplex home, which is also of brick construction and features many charming, sea-side elements, such as porthole windows. The left half of the duplex has many stately features, including hardwood floors, pine walls, and a tiled gas fireplace. The kitchen has vintage appeal with handcrafted cabinets and many charming nooks and storage options. Two bedrooms share a bath with walk-in shower and built-in storage galore.

The right half of the duplex, which is handicap-accessible, has a most spectacular feature; a breathtaking view of the ocean from a large window in the kitchen. This unit is designed to be open and airy; the kitchen, living room, and dining area are all open and accessible, giving plenty of space for company. The bathroom conveniently features a walk-in shower with a sink in a separate, adjoining space.

With this spacious duplex, the options are endless; it could be a lucrative vacation rental, a cozy, loving space for a multigenerational family, or with a few remodeled elements, could easily become one large house!
The exterior of this three-home complex has been immaculately landscaped and maintained and puts the finishing touches on a true Seaside gem.

Property Information: http://www.postlets.com/repb/2370414

Virtual Tour: http://www.obeo.com/Public/Viewer/Default.aspx?ID=542380


Marianne Pittard
RE/MAX River & Sea
Cell: 503-440-0577
Office: 503-738-9552
Website: http://www.mariannepittard.com/

Friday, October 9, 2009

Customer Service or Lack Thereof!

I pride myself on providing superior customer service to my real estate clients or rather "concierge" level customer service.  I figured out early in the game that if I provided superior customer service the rest would follow.  I'd earn clients for life & have the referral business that would be the envy of others.  A rather simple solution wouldn't you say.  That being said, I feel that I'm paid handsomly for what I do & in return my clients are in my opinion, entitled to a higher level of customer service.  By definition, that would include things such as professional photographs, professional signage, full color property flyers, extensive property representation on the web & so much more!

Suffice it to say, I'm deeply troubled by a handful of agents that qualify for the title of "Single Bagger"  The analogy is one that refers to the grocery clerk that takes a single bag, then places the eggs on the bottom of a single bag & the milk on the top. As you can visualize, the bag splits open before you reach the car, spilling the already broken eggs all over you & the parking lot. Conversely, I strive to be a Double or even Triple bagger.  This type of service will in time be recognized as a point of differentiation & will prevail in the long run.  Single Bagger real estate agents are the ones that give us a bad rap & place us in the respect level of a used car salesman.  You can imagine my distress when I identified that the following bank owned property was actually listed by an out of area agent.  One would simply have to pose the question, what's wrong with this picture?



As you can see, there's no indication that the property is even on the market!  No sign, no flyer box, no nothing!  It isn't even in our local inventory of properties as the out of area broker doesn't subscribe to our multiple listing service. Therefore, local agents aren't even aware that it's a viable option for their buyer clients. Imagine what the bank would say if they were to receive this photo!??!!  Does the seller deserve more?  You bet the seller deserves more!!!  Perhaps the listing agent needs to subscribe to the following, (a quote that I have hanging promeniently in my office)

Quality

"Quality is never by chance; it is always the result of good intention, sincere effort, intelligent direction and careful execution; it represents the wise choice of many alternatives." 

(source unknown)

Tuesday, October 6, 2009

Moving To Seaside, OR.

Growing up on the North Oregon Coast was a most wonderful experience.  I've always said that we had the best of everything with, the ocean out the front door, the mountains out the back door & the fact that Nordstrom's was only an hour & half away!  Never in a million years would I have predicted that I would return home after a fulfilling sales career with Corporate Nabisco.  Circumstances prevailed & I've been back about 13 years.  Today, I claim to be living the good life (according to the standards of HGTV)!  I'm living where I want to live & doing what I love to do. The sun is shining brightly on the North Oregon Coast as we enjoy yet another "Indian summer" day.  Life is Good!

I recently stumbled across a wonderful relocation guide produced by our well respected Seaside Chamber of Commerce.  This invaluable tool addresses some of the most often asked questions by my real estate clients.

Following, please find a excerpt that can be located at: http://www.seasidechamber.com/moving.htm

Population:

Seaside's permanent residential population is around: 6,300.  During the summer months this can swell considerably with visitors from all over the world.  Approximately 22% of the population is over the age of 65, and the median age 39.

Climate:

Seaside enjoys a cool, moderate climate.  Summer days are long and often end with a dramatic sunset.  Temperartures range from 50 to 80 in the summer with cooling breezes.  Indian Summer in the fall provides a pleasant balmy close to summer.  Winter brings misty rainfall interspersed with sunny days and occasional storms.  Temperatures run from 30-50 on average.  The air is fresh & clean with Northwest winds in the summer and Southwest winds in the winter. 

Make It A Great Day!

Marianne Pittard
RE/MAX River & Sea
Cell: 503-440-0577
Office: 503-738-9552
http://www.mariannepittard.com/

Thursday, October 1, 2009

Inventory Levels Are Dropping...


Just thought that I'd provide you with a status update on our current market conditions. The number of active listings are falling! Today, a total of: 43 active residential (including both homes and condos) listings expired. That's great news for current sellers as there's far less competition. At the present time, there are currently a total of: 563 active residential listings (only residential). This is a significant decline vs. this time last year when there was roughly 750 residential homes for sale.

Inventory will continue to decline over the next several months. I strategically align my property listings to expire at year end. My goal is to give the listings a rest over the winter and re-list in the spring when there's a resurgence of buyer interest. Just thought that you'd like to know.......

Marianne Pittard
RE/MAX River & Sea
Cell: 503-440-0577
Office: 503-738-9552
e-mail: Marianne@MarianePittard.com
web: http://www.mariannepittard.com/

Friday, September 25, 2009

Luxury Home Sales Trends

According to The Institute for Luxury Home Marketing formulas, the following trends have emerged:

Clatsop, OR. MLS: The average price for a residential luxury home in Clatsop County was: $ 490,000 for the time frame of: 9/25/08 through 9/25/09.  This figure is calculated by review of all closed sale for that time frame & represents the top 10% of sale for the market. Anything sold at: $ 500,000 and above would be considered an "upper tier" listing.  This number has adjusted significantly from the previous sales cycle of: 9/25/07 through 9/25/08 that reflected a average luxury home sales price of: $ 659,950. 

Evidence shows that the economy has had a huge impact on upper tier sales in this resort destination community where purchase of secondary homes drives the marketplace conditions. 

Marianne Pittard
RE/MAX River & Sea
Certified Luxury Home Marketing Specialist

Dare To Soar Award!

Regional Vice President of RE/MAX Pacific Northwest Region, Kevin Northrup recently announced top sales rankings for two RE/MAX brokers from Clatsop County.  Marianne Pittard and Bree Phillips, both of RE/MAX River and Sea, placed in the top ten in Oregon for sales volume in June of this year.  Pittard earned the number five spot, and Phillips placed ninth out of 1,300 RE/MAX sales associates in Oregon for that month.  "There are certainly many ways to measure success in our profession, but it all comes down to how many sales you close and families that you help," said Northrup.  "Although the current economy has greatly impacted the real estate industry, both Marianne & Bree are finding ways to be successful in any market.  They continue to demonstrate standards of professional excellence and integrity while building the RE/MAX brand."  RE/MAX River & Sea offices are located in both Astoria & Gearhart.

-article published in the October 2009 edition of the Coast River Business Journal

Monday, September 21, 2009

Real Estate Sales Activity For: Warrenton, OR. 97146

Amazingly enough, the first time home buyer is driving our market sales for the second year in a row.  On average, approximately 3/4 of all real estate sales are concentrated in the # 200k - $ 300,000 price brackets.  The sales are being driven by the first time home buyer tax incentives, the abundant amount of choices & the historically low price points.  I recently compiled sales data for the Warrenton, Oregon market place, where prices remain reasonable & new construction option are in abundance.  Following, please find a graph that outlines the sales year to date for fiscal 2009.



Lawrence Yun, NAR (National Association of Realtors) chief economist, said the housing market momentum has clearly turned for the better.  " The recovery is broad-based across many parts of the country.  Housing affordability  has been at record highs this year with the added stimulus of the first-time buyer tax credit," he said. 

Friday, September 11, 2009

Gearhart! Where The Mountains Reach The Sea & Your Vacation Lasts Forever!

Forbes magazine recently published an article on America's Most Stressful Cities, which was written by Sara Lynch.  Sara utlilized information from several federal agencies to compile her list of cities that have been impacted by everything from poor air quality to unemployment rates & free-falling home values.  While some might dispute her ranking of cities, I suggest a solution to those residing in the Seattle-Tacoma-Bellevue, WA area which happened to rank # 11 and those who call Portland, Vancouver, Beaverton, OR-WA home and ranked # 14. 

Invest in a beach getaway on the beautiful North Oregon coast where living is more than just a day at the beach!  Our wonderful locale will provide you with much needed stress relief.  Our real estate values have adjusted, and inventory levels remain high, making this the perfect time to purchase a little slice of heaven.  What say you on a stress reduction plan that will benefit the whole family!

Check out my personal real estate website at: http://www.mariannepittard.com/ additional information.  for

Gearhart Beach Floats & More!

More than just a day at the beach.....I'm excited to spread the word on a very exciting event that will be happening in Gearhart on October 10th., 2009.  Geahart will be holding a treasure hunt for glass floats & more!  Well recognized local glass artist, John Cook will be creating the beautiful colored treasures, which will include hand blown glass floats & starfish.  A treasure map of the hunt site will be available at 8:00 am at the Gearhart Grocery store. Hunters will located the secret symbol on the beach & redeem it for glass treasures at: John Cook Studios. 

For additional information & to register stop by the Gearhart Grocery store at: 599 Pacific Way (503) 738-7312 or visit John Cook Studios at: 3427 Hwy. 101-N. (503) 738-512.  Updated information will be available at: http://www.johncookstudios.com/

Enjoy this Indian Summer weather!

Marianne