Memorial Day

Every Memorial Day my family and I always do something that helps us remember the men and women that risk their lives for our freedom. This year we went to the Vietnam Memorial in Washington Park. What a great experience. Every year on Memorial Day they read the Oregon men that died in the Vietnam war. As the names were being read, you can see many Vietnam vets wiping tears from their eyes. My wife asked one of the vets if he knew anyone that died. He said no, but the guy next to him lost his brother.

It is a sobering reminder how much is risked then and now for our freedom. I am very thankful we live in such a great country.

A Nice Note About Our Lender

Hi Adam,

Just wanted to extend a very heartfelt thank you for all that you did to make this happen. We know that if it hadn't been for your efforts we wouldn't have made it. I am sorry for the stress it caused you...it was certainly dropped in your lap like a bomb shell and you just hit the ground running. I have never been through such a stressful month! If we ever have an opportunity to recommend your expertise, we certainly will!

Regards,

Concha and Merritt

 

***Adam Ansteth with Wells Fargo can be reached at 503-720-4000

Arbor Pass Is Hard At Work






We currently have 4 buildings under construction, 8 homes are sold so far. 2 more buildings will start by June. We will soon be sold out, come by and see if we have your dream home.

Arbor Custom Homes In The News

It is nice to see some great news from the media. Here is a link to a news segment that Arbor Custom Homes was featured in. Check out this link:  Housing Construction Inches Up

Good News In The Housing Market

April Residential Highlights



Comparing April 2012 with


April 2011 shows improvement


in both pending and closed sales,


which were also up compared to


the previous month. There were


2,365 accepted offers, 18.0% more


than the 2,005 reported in April


2011 and 4.1% more than the


2,272 in the previous month. In


fact, with the exception of March


and April of 2010 which were


impacted by deadlines for the


First-Time Homebuyer Tax Credit,


the number of pending sales is


higher than any month since


August 2007. The 1,822 closed


sales represent a 13.1% increase


over the same month last year,


when 1,611 were recorded, and


7.6% more than the 1,694 sales in


March.


New listings this April (3,038)


were down slightly compared to


April last year (3,099), but rose


5.3% compared to March (2,886).


The unsold inventory is the lowest


it has been since June 2007. It


would take only 4.7 months to


sell the 8,523 active listings at the


April rate of sales.


Year-to-Date


Compar ing the f irst four


months of 2012 with the same


period in 2011 shows closed sales


increased 13.1% from 5,513 to


6,236. Pending sales were up by


17.5% increasing from 6,806 to


8,000. New listings were down


9.7% at 12,378 versus 11,182. Total


time on market decreased 18.3%


from 161 to 132.


When comparing homes prices


year-to-date this year and last,


there is less than 1% difference


in both median sales price and


average

© Copyright RMLS™ 2012. All Rights Reserved

Mother's Day 2012

Every Mother's Day I work. So it has become tradition that my wife, daughter and mother in law go out for a date on Mother's Day. My mother in law took a very nice picture of my wife and daughter during their date today. Happy Mother's Day to the best mother on the planet!

And The Sold Signs Keep Coming

It would be an understatement that the market is changing. We have sold quite a few homes here in the past week. We still have homes that will be ready in June, but won't last forever. Come in and see what's left.

Why Portland Is So Amazing