August 26th, 2011
Well, we hate to toot our own horn, but we felt like the Belle of the Ball at the NW Natural Street of Dreams awards dinner. Oregon home builder, Arbor Custom Homes won the following awards for our state-of-the-art, high-efficiency and Earth Advantage certified home, Chateau Marseille. Not only did we build a highly functional home, Arbor also gracefully executed our Street of Dreams entry with style and people took notice. The following are the awards we won:
Professionals Choice Awards
- Best Interior Design
- Best Landscaping
- Best Kitchen
Realtors Choice Awards
- Best Interior Design
- Best Master Suite
- Best Kitchen
- Best Home Furnishings
Thanks to all who helped create such a beautiful, sustainable and livable home!
July 26th, 2011
Arbor at Villebois currently has 4 new homes under construction and will be starting 7 townhomes soon! We have a fantastic Vermont American plan on Lot 262 that will be move in ready in September. As of July 20th, the cabinets are in, all of the doors and millwork are installed and painted and the granite and hard surfaces are installed! Lot 243 is a Vermont English plan, is framed and the heating, plumbing and electrical are nearly complete. Lot 264 the Brittany English is our largest plan under construction at 3915 square feet, 5 bedroom 3 1/2 baths, and the foundation has just been poured! Stop by our sales office at Arbor at Villebois, Wednesday through Sunday to learn more about these fantastic Arbor Custom Homes!
July 20th, 2011
Imagine a historic 4,721 square foot European Village full of old world charm and a hidden getaway retreat room that is only accessible through a set of fake cabinets. Well imagine no further and take a tour of Arbor Custom Home’s Chateau Marseille.
Chateau Marsille’s unique exterior design is inspired from an old country french town right down to keeping with the authentic stucco exterior of traditional french chateau.
So as you visit this year’s Street of Dreams marvel at the diverse exteriors and make sure to double check all the doors for any old world romantic getaway rooms.
Show runs from August 6th – 28th!
Address: SW Bull Mountain Rd & SW 144th Ave, Beaverton-Hillsboro, OR 97224
Visit the Street of Dreams blog for the entire building process.
Watch the Video
July 12th, 2011
If you’re planning to buy a house right now, the next few months may be the best time to buy. Waiting for both housing prices and interest rates to fall may not be a good strategy for potential homebuyers since analysts don’t expect any significant declines in these two most important home-buying factors. Here’s nine real estate trends that suggest you should get into the housing market sooner than later. (To learn more, check out 5 Sunny Real Estate Markets To Watch In 2011)
TUTORIAL: How to Buy Your First Home
- Lowest Housing Prices in Years
Nobody knows when the housing market will hit bottom, but prices are at their lowest in several years and may soon start inching back up again. So buying now or in the near future may be the right time. An abundance of bargain-priced housing is now available because of foreclosures and falling prices.
- Interest Rates at a 50-Year Low
Interest rates are near a 50-year low, according to housing analysts. By the second week of May, 2011, 30-year fixed mortgage rates had fallen to their lowest rates of the year at 4.63%. Although mortgage rates vary from day to day, the 30-year rate at this level is an attractive inducement to first-time buyers, or buyers who want to either move up to larger residences, or others, including many empty-nesters wanting to sell and move to smaller houses or condos.
- Interest Rates Expected to Go Up
As the economic recovery gains momentum, interest rates are expected to increase, making mortgages more expensive. Even a half-percent increase in mortgage interest can add a hundred dollars or more to your monthly payments, depending on the amount of your loan. (To learn more about interest rates, read Forces Behind Interest Rates.)
- Adjustable Rate Mortgages at Record Lows
Adjustable Rate Mortgages (ARMs) are also lower now, although there are risks that interest rates may increase over the life of the mortgage and the balloon payment due at the end of the mortgage life, usually three or five years, could be substantial. Nevertheless, for new buyers who are sure they’ll have enough income to meet payment obligations, an ARM may be the best way to buy a house. Keep in mind that payments may increase on a monthly basis. For a full explanation of advantages and risks in an ARM, visit the federalreserve.gov.
- Low Down Payment Mortgages Available
Low-down-payment financing through Federal Housing Administration-insured mortgages is available as an additional inducement to buy a house now. Down payment minimum requirements also fluctuate and may increase as the market heats up, so potential buyers with less cash to consummate a deal may be well-advised to buy now.
- Easy to Qualify, Easy to Borrow
Lending standards have become less rigid recently, so qualifying for a mortgage may be easier. Experts advise that a potential buyer become pre-approved for a loan by a lending institution – meaning that a lender guarantees to make the loan contingent on an appraisal of the property. But the good news in seeking pre-approval is that lenders are now willing to let a potential buyer take on more debt than the previous formula allowed – a percentage of monthly income. (For more on getting a cost effective mortgage, see Score A Cheap Mortgage.)
- Lenders Offer No-Fee Mortgages
Many banks and other lending institutions are waiving mortgage loan generation and other fees and points (each point represents 1% of the loan amount), thereby reducing the cost of buying.
- Home Builders Eager to Sell, Offer Incentives
Home builders, competing with the resale market, are offering incentives to potential buyers to reduce their inventory of unsold new homes. Incentives may include cash for furniture or free refrigerators, washers and dryers. In Seattle, for example, builders have offered opportunities to win iPads or Smart phones, and $3,000 buyer bonuses. Specific demographic groups, including military personnel, police, firefighters and health-care workers, have been targeted by builders for special offers. But virtually anyone who can qualify for a mortgage is likely to get a good deal from a homebuilder who is eager to sell.
- Motivated Home Owners Desperate to Sell
Desperate sellers of existing homes have also been offering attractive inducements to potential home buyers, including warranties on appliances, air conditioners and furnaces. Some sellers are even offering cash or have included furnishings, refrigerators, washers and dryers as a bonus to potential buyers. With so many existing homes in foreclosure or underwater – bargain prices are abound in this depressed market. (For help on buying a house, read Top Tips For First-Time Home Buyers.)The Bottom Line With a convergence of the factors above, all of which are favorable to the prospective home buyer, there may not be a better time to buy than right now. It’s a buyer’s market, but like everything else in life, the bargain deals won’t last. (To help determine if it is the right time to buy, read Are You Ready To Buy A House?)
June 27th, 2011
Arbor Homes’ community Trillium Woods receives a great review by the Lake Oswego Review. BY NICHOLE DECOSTA said real estate broker and community manager Taya Mower with Arbor Homes. Read the full article HERE.
Arbor Homes’ Trillium Woods brings housing at lower prices for Lake Oswego
The West Linn Tidings, June 3, 2011
“It’s easy to share a neighborhood everyone seems interested in.”
Arbor Homes’ community Trillium Woods receives a great review by the Lake Oswego Review.
BY NICHOLE DECOSTA
said real estate broker and community manager Taya Mower with Arbor Homes.
Read the full article HERE.