Ultimate Open House


Tax credit boosts April home sales

May 17, 2010

Filed under: Portland Style, Your Home Your Money — uoh @ 11:01 pm

From Portland Business Journal, by Wendy Culverwell

Portland home sales soared in April as buyers rushed to take advantage of an expiring federal tax credit, according to new data from the Regional Multiple Listing Service.

The credit was worth up to $8,000 for homes under contract by April 30. The deadline helped propel Portland metro sales to a 49.1 percent increase over the same month in 2009. Pending sales rose 60.8 percent and new listings rose 23.8 percent as sellers sought to take advantage of time-sensitive buyers.

There were 1,941 closed sales, 2,991 pending sales and 4,713 new listings in April. In a sign that first-time home buyers dominated the market, the average sale price in April decreased 3.1 percent from a year ago, to $282,100. The median sale price fell 4 percent to $240,000.

Year to date, closed sales rose 41.4 percent to 5,900, pending sales rose 46.3 percent to 8,476 pending sales and new listings rose 15.4 percent to 17,918.

At April’s pace, the current inventory of for-sale homes would last for about 7.3 months, giving buyers a slight advantage. However, because the tax credit, worth up to $8,000 for first-time buyers and $6,500 for returning buyers, is no longer available, sales will likely drop in coming months.

Looking ahead, May closings will likely be up thanks to contracts written by the April 30 federal deadline to qualify for the tax credit. However, pending sales will begin to drop to normal market levels starting this month but could be offset by a seasonal uptick in residential sales activity.


Hoyt neighborhood scores LEED platinum

May 7, 2010

Filed under: Builder's Corner, Building Science, Green, Portland Style — uoh @ 5:07 pm

From The Portland Business Journal

Pearl District developer Hoyt Properties announced Wednesday that the Hoyt Yards neighborhood received the platinum LEED for Neighborhood Development award from the U.S. Green Building Council.

It’s the highest possible rating under the Leadership in Energy and Environmental Design pilot program, launched in 2007, to designate entire green neighborhoods in addition to individual buildings.

Hoyt Yards is just the seventh development in North America to receive the platinum award, including the Olympic Village in Vancouver, B.C., and the first in Portland.

The LEED Neighborhood Development program launches formally Thursday.

Hoyt Yards was among seven Portland-area projects in the pilot program. Of the others in the pilot program, Eliot Tower received a silver award, Helensview and Ladd Tower received gold awards.

Hoyt Yards is on 34 acres of former brownfields formerly occupied by the Burlington Northern rail yards and abandoned warehouses. The neighborhood now boasts 14 mixed-use and condominium buildings, restaurants, coffee shops, boutiques, art galleries, offices, and two public parks. The third park, a 3.2-acre area currently called the Fields, is scheduled to break ground in early 2011.

The LEED neighborhood development award focuses on smart uses of transportation, energy and land use in addition to green building practices. It was co-developed by the U.S. Green Building Council, Congress for the New Urbanism, and the Natural Resources Defense Council.

In order to achieve the LEED ND Platinum rating, Hoyt and the City of Portland used innovative energy, water and transit solutions in the Hoyt Yards plan. Examples include the Portland Street Car’s service to the neighborhood and planning for a North Pearl power plant that will provide clean power and heating to neighborhood buildings.

“Our vision for Hoyt Yards all along has been to create a vibrant, urban and green neighborhood that supports sustainability and an earth-friendly lifestyle,” said Tiffany Sweitzer, Hoyt president and partner, in a press release. “Receiving the highest rating for our plan is truly the crown jewel of our completed and future efforts here in the Pearl.”


Start Your Tour at the UOH Host Sites

April 12, 2010

Filed under: Portland Style, Ulitmate Home Shoppers — uoh @ 10:25 pm


Bike to the Ultimate Open House

April 9, 2010

Filed under: Green, Portland Style — uoh @ 9:50 pm

The Home Builders Association supports green living and a healthy lifesyle. Anyone who rides their bike to visit a UOH home may enter themselves into a drawing to recieve a Timbuktu Messenger Bag, Oregon Cyclewear Merino wool jersey or a dozen cookies delivered by bike courtesy of Clean It Up Mark.


The Energy Performance Score: A New Tool for Savvy Homebuyers

April 6, 2010

Filed under: Green, Portland Style — uoh @ 4:21 am

Energy efficiency, utility costs and environmental impact are increasingly facgtors to consider when buying or building a new home, but they’re not always easy to quantify.  The Energy Performance Score (EPS) is changing all that.

The EPS is a home buying tool made available through Energy Trust of Oregon.  It demystifies factors like energy efficiency and utility costs by providing a simple and quantitative way to compare measurement that allows them to compare performance between homes and to estimate operation costs.

Why is knowing home energy use important?

Just like a car, a home incurs operation costs. One of the biggest costs to homeowners is energy use.  A home with a lower EPS score will use less energy to complete everyday functions like heating and cooling rooms and running appliances.  This translates to lower monthly utility bills year after year.

In addition, using less energy is better for the environment.  According to Energy Star, a home can be a greater source of pollution than the family car.  In fact, approximately 16 percent of greenhouse gas emissions in the U.S. are generated from the energy used in homes.  And because this energy often comes from burning fossil fuels at power plants, it contributes to smog, acid rain and global warming.


Legend Homes Unveils Northwest’s First Sustainable, Solar-Powered Community

March 30, 2010

Filed under: Builder's Corner, Green, Portland Style — uoh @ 9:02 pm

During the Homebuilding Association Ultimate Open House, slated for the weekends of April 10 and 11 and April 17 and 18 from 10 a.m. to 6 p.m., Saturday Legend Homes will showcase a trailblazing new model of sustainable home construction that makes energy efficiency, renewable energy and price affordability standard in all homes. Legend Homes is the first production builder in the Northwest to systematize sustainable construction, solar energy system installation and multiple other green features, including energy and water efficiency, improved indoor air quality and responsible construction processes.

The first completed EarthSmart-branded homes in the new Edgewater on the Tualatin community represent Legend Homes’ pilot program to combine the highest standards in green construction with the newest environmentally friendly energy systems to produce homes that provide distinct advantages for these times.

According to the SmartMarket Consumer Report on Green Consumers, 70 percent of potential new homebuyers at all economic levels would prefer to purchase a green home. In that light, every possible aspect of EarthSmart home construction is green and sustainable as well as affordable. By including the cost of solar system’s renewable energy in the price of the home, for instance, homeowners make financial gains on energy costs in their first month of ownership.
                                                              
EarthSmart home prices start at $296,323.
 
To reach Edgewater on the Tualatin from Portland, take Southwest Pacific Hwy (99W) south, head west on Beef Bend Road, south on 131s Street and west on Fischer Road.  Visit www.legendhomes.com for more information.


Portland Ranked Greenest U.S. City

March 16, 2010

Filed under: Green, Portland Style — uoh @ 4:54 pm

From Portland Business Journal

The Portland-Vancouver-Beaverton metro area ranked No. 1 among 43 U.S. metro areas in a report on America’s “green cities.”

The “Green Cities Index” ranks metro areas on a variety of environmental factors, including traffic congestion, transit use, water quality, carbon emissions, LEED-certified projects and number of “green” jobs.

The index was compiled by the Business Courier of Cincinnati, which is owned by American City Business Journals, the parent company of the Portland Business Journal.

The index draws on data from a variety of government and research agencies.

For the index, the paper evaluated the 40 markets in which American City Business Journals publishes newspapers, plus Los Angeles, where the company operates a business-news Web site, and Indianapolis and Cleveland.

The index looked at such variables as commuting habits of residents, travel time and fuel use, and air and water quality.

Second on the Green Cities list was the San Francisco-Oakland-Fremont, Calif., area. Honolulu ranked third. Austin, Texas, and Boston rounded out the top five.

The Portland region received high rankings for having the second most LEED-certified building projects in the country and for having minimal sprawl — Portland ranked fourth in the sprawl index behind San Francisco, Boston and Honolulu.

Portland’s poorest showing came in the ranking for commute travel time, where it came in 21st. At 19th, Austin was the only metro area in the green top five with a better travel-time ranking.

The city with the No. 1 travel time ranking was Wichita, Kan. Not surprisingly, Witchita ranked No. 43 for use of public transportation. Portland ranked eighth for public transportation use.


Costa Pacific Communities wins four national gold awards

January 29, 2010

Filed under: Builder's Corner, Portland Style, Ulitmate Home Shoppers — uoh @ 3:47 am

Costa Pacific Communities was honored by the National Association of Home Builders with four gold awards for its new community, Villebois.  Category wins include Community of the Year, Best Logo, Best Website, and Best Product Design of an Attached Home Plan.

For more information on these awards, visit www.thenationals.com. For more information on Villebois, visit www.villebois.net.


Legend Homes wins two national silver awards

January 26, 2010

Legend Homes was honored by the National Association of Home Builders with two silver Sales and Marketing Awards for the company’s television and radio advertisements, both designed to promote Legend’s new EarthSmart homes.

The television and radio ads feature L.E.S. (Legend EarthSmart), a talking home that explains Legend’s new goal of creating smaller, affordable homes employing state-of-the-art building practices coupled with the company’s strong focus on energy and resource conservation. The ads were created in conjunction with Art4orm.

To watch the award-winning commercials, go to:  http://www.youtube.com/watch?v=Vu_yWKFdc_8


Oregon company sending stoves to help in Haiti

January 24, 2010

Filed under: Green, Portland Style — uoh @ 2:45 am

From apnews.com

Ben West was scheduled to fly into Haiti’s second-largest city on Jan. 15, to launch a project designed to address a critical problem in a country stripped of as much as 99 percent of its forests.

Haiti needed stoves. Haiti needed stoves because an estimated 800,000 of its residents cook either on an open fire or with an unimproved stove that resembles a baby’s crib with no mattress in it “horribly inefficient,” said West, general manager of the fledgling company StoveTec, a for-profit spinoff of the Cottage Grove nonprofit Aprovecho Research Center.

His trip to Haiti was intended to kick off an effort to put hundreds of thousands of cheap, durable, clean-burning, highly efficient stoves into the hands of as many people as possible for as low a cost as possible.

Then came a 7.0-magnitude earthquake, and “the whole game has changed,” West said.

Now it’s an urgent, emergency Band-Aid project, at least for the short-term, which is why StoveTec has shipped 1,344 cartons filled with flower pot-sized “rocket stoves” that stand a mere 12 inches high but can combust wood and biomass fuels at a scorching 850 degrees Celsius. They’re portable, up to 50 percent more efficient than an open flame and they emit up to 70 percent fewer greenhouse gases into the atmosphere.

And they’re an essential component of what people fleeing Port-au-Prince need right now. As many as 25,000 people are scattering out of the city each day and setting up tents in fields on the outskirts, or on the way to Cap Haitien. They have beans and rice distributed by aid workers, West said, but they need to boil water to make it safe, and they need a way to cook that food.

What they need are stoves.

The stoves are being shipped to Miami, where they’ll be loaded onto a container bound for Haiti. Once in the country, representatives from the nonprofit groups Trees, Water and People and the Appropriate Infrastructure Development Group will receive the stoves and distribute them to needy citizens, free of charge.

West’s company produces and sells the “rocket stoves” for prices starting at $8 to some of the 3 billion people who cook over an open fire or use unimproved stoves on six continents. He already had put together a partnership between StoveTec and nonprofits based in Haiti, with the aim of 5,000 stoves sold each month.

The company’s cost to manufacture the 12-inch high biomass stoves is about $20, but by funneling money it earns from carbon credit programs into the effort, and selling the stoves to consumers in the United States for about $40, StoveTec can subsidize the venture, getting stoves into the world’s poorest nations for half the production cost. StoveTec can reach 80 percent of the market for these stoves by selling them for $10 apiece, West said.

Selling them, instead of giving them away, makes the effort financially sustainable, but it also fosters entrepreneurial opportunities for distributors and retailers in the target countries and ensures a “buy-in” from customers, West said. People are more likely to use and care for something they had to purchase.

The stoves quickly pay for themselves. The improved fuel efficiency means people save money on expensive charcoal and wood. And tests based on the few dozen units that StoveTec has in Haiti now show even more impressive results than average. Much of what people use for fuel there now is charcoal StoveTec’s stoves can burn wood, charcoal or other biomass such as corn cobs and dung and the stoves in use there now are cutting down on the amount of charcoal needed for cooking by as much as 70 percent, West said.

The plan was to find nonprofits in Haiti that would be exempt from the 35 percent duty on imported goods that could raise the retail cost of the stoves from $10 to $18 apiece, to jump through the necessary hoops to qualify the effort for carbon credits, and to figure out how best to market the stoves to the people.

West’s aim now is to get several hundred thousand stoves into Haiti “quickly,” he said, at a rate of about 5,000 per month.

“People are going into the Dominican Republic, harvesting firewood from there to create charcoal and shipping it illegally across the border to Haiti because they can get over 10 times the price they can in the Dominican Republic for the same fuel,” said Sebastian Africano, stoves program consultant with Trees, Water and People, a Fort Collins, Colo.-based nonprofit that is distributing StoveTec’s devices in Haiti and elsewhere. “Fuel is very expensive there.”

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