Northeast Oregon Real Estate tab April 2015

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2 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

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LivingSmart: Sellingtheunsellable house... ... page 3 C entury 21 EagleCapRealty......... . . ..page4-5

..page6-9 ... page9 Valley Realty...................... page10-11 M t. Emily Realty ........ . . . . . . . . . . . page12 Biggermortgagesheadedfor foreclosure.... page13 N elson RealEstateAgency........ . . . . page14 Economist's tips 3 for springbuying....... page15 W hitehorse RealEstate......... . . . . . . page15 4 ways tokeepyourVAloan ontrack...... page15 F airway Mortgage........ . . . . . . . . . . page16 C allina pro........ . . . . . . . . . . . . . . . page16 Re/Max RealEstateTeamPatty Glaze.... page16 O regon EastRealty......... . . . . . . . . . page ll W hat recoveryP.......... . . . . . . . . . . . page ll Rancb-N-Home Realty, Inc.......... page18and19 B aker City Realty........ . . . . . . . . . . . page19 Don't settle foraveragerates . page19 John J.Howard8 AssociatesReal Estate .. page20 H igh-tech homefeaturesP......... . . . . . page21 B uyer beware......... . . . . . . . . . . . . . page23 O regon Association of Realtors......... . . page24 R e/Max Real EstateTeam.......... . . .

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Greetings!

W

elcome to thefirst issue of the Union, Baker and

Wallowa County Board of Rea ltors' new publication! O u r local boards consists of all the Realtors in Uni on, Wallowa and Baker County, as well as numerous affiliate businesses

and individuals. The Union County Board is in the process

of merging with the Wallowa County Board to form a larger

group ofdedicated Northeast Oregon Realtors. This new publication will serve to showcase various office listings and agents, as well as serve as a forum for inform ing the public

of upcoming changes and statistics related to the housing

market, privateproperty legislation, calls to action, service events, and more.

As your local Realtors, we are committed to protecting a nd preserving your priv at e

propertyrights. No group of individuals is more committed to these protections than Realtors. As a political action

group, the National Association ofRealtors is the largest trade association in America, with nearly 1 mil l ion mem bers. Recently,Realtors across the nation ralliedto protect

our rightto deduct mortgage interestfrom our taxes. Realtors flooded government lin es with calls and emails, and testifiedin front of the Ways and Means Committee. This is a major,tangible result of our efforts yet it is just a scratch

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on the surface of what we do to serve and protectour communities.

Doing business with your local Realtors is much more than hiring someone to complete your paperwork. We are experts in our community. We have taken an oath touphold a

high ethicalstandard of practice. We take ourjobs seriously.

We have closed hundreds of transactions and reviewed hundreds of home inspections.

We have worked with countless local affiliates to solve myriad problems in tr an sactions — roofrepairs, foundation issues, mold and rot, financing and tax situations. We can and will anti cipate needs and problems, and work wit h our extensive networks to provide solutions in a speedy manner.

Our marketing and negotiation skills are top notch, honed

through the years and decades of experience. We are your local resource forinformation.

If you have any questions about your local housing market, ifyou need a referral to a great contractor orelectrician, or even if your cat is stuck up a tree,give one of us a call.

You might just be surprised at how quickly we can help.

Jeff D. Clark, President, Union County

Board of Realtors

Friday, March 27, 2015 -

NORTHEAST OREGON REAL ESTATE

3

Living Smart: How to sell the unsellable house Angie's List TNS

Doyouthinkyourhouseisunsellable due to its location? Highly rated real estate agents on Angie's List explain how to sell a house, even in the most undesir-

able spot.

If the most important thing in real estate is"location, location, location,"how do you sell your house if it's in a bad one?

Whether there's a freeway running overhead or a strip mall next door, a challenging piece of real estate isn't unsellable.'There are three components to selling a house: price, location and condition," says Realtor Kelly Clevenger of Coldwell Banker, Wallace & Wallace in Knoxville, Tenn.'That's the mixture you have to balance in order to sell. If your location is a negative, then your price in comparison to the homes around it is going to have to be lower, and the home's condition has to be better."

Clevenger says he recently represented a house for sale that backed up to railroad tracks.

"Peoplewould be in thehouse and hear the train go by, and it would unnerve them,"he says.'They loved thehouse,but couldn't get over the noise."

His strategy in selling the home was twofold: Get as many prospective buyers as he could through the door during open houses, and then have them talk to the neighbors, who ofFered assurance they'd get used to the noise.'The truth of it is, there's not a perfect home or a perfect location," he says."Even if you're buying in the million-dollar range, it's still not goingtobe 100 percentperfect.It'sjustaccepting that, hey, this home is 90 percent of what I want and I'm OK with that."

Clevenger's approach with the railroad home, combined with aggressive pricing, led to a sale in 63 days.

With a diKcult location, an adjustment in pricing compared to other nearby homes that have recently sold is inevitable."Sometimes this can be a 10 to 20 percent differential, depending on the severity of the location versus alternative properties for sale," says Realtor Wendy Tanson of Re/Max Winning Edge in Chapel Hill, N.C."It's important to play up the positives of the location, such as access to highways and amenities. The property needs to be in fantastic condition and

Focusing on the positive attributes of a house can help distract potential buyers from any negatives, such as living close to an airport.

Q&oto courtesyThiukstock/TNS)

staged as well."

ARer nine years and two children, Angie's List member Elle Barwidi was ready to sell her family's home in Twinsburg, Ohio. But she knew it was going to be a challenge because the house was on a very busy street. uWith people watching so many popular housing shows, such as 'House Hunters' and'Property Virgins,' where location is stressed so highly, I knew we'd have pickier buyers," she says.

"I had to make the inside super appeal-

location, hold tight," she advises.'There's a perfect buyer for every house."

Buying in a new neighborhood?

On the flip side, homebuyers looking to build in a new development need to beaware that some lotsare goingto be less desirable than others. Whether a particular lot has electrical towers in the backyardorbumps up to a busy street, there is a temptation to invest in such a lot because it will be less expensive.

'The biggest factor is going to be how mg. long do you hope to live in this home?"

With the guidance of Realtor Will says real estate broker Lori Jo Smith of Penney of Penney Real Estatein Stow, Bellingham, Wash."If you live in it long Ohio, Barwidi committed to decluttering term, at least 10 years, the consequences the home and applying a fresh coat of that are negative are going to diminish."

But keep your expectations realistic and paint both inside and out.

"We had made severalupdatestothe purchase the lot for the level of discount interior of the house throughout our time that you think you'll assume when you living there, so Will's suggestions ofhow to sell the house.

"It's also key to not build the most declutter and make each room look large and appealing was great," she says."It expensive house on the street,"Tanson says."Given that your home will be sold certa&y helped with the overall sale."

Barwidi's efForts paid off and the at a discount relative to others, you will family received a contract from a buyer gain more of your investment if you don't after four months on the market."If you're build the premium home on the least trying to sell a house that's in a tricky premium lot."

Keeping resale value in mind is key.

'Vou have to think like a seller while you buy it," says Realtor Sally Messinger of Howard Hanna Real Estate in Pepper Pike, Ohio.'You're buying it new, so it's got a bang to it. Once the houses are built, it's a little less shiny. If you have the one house that has the highway behind it, you're going to have trouble with that. I tell people: if you buy that house, and you call me to sell it, don't be surprised when Ilistitfor less than what you've bought it for."

Of course, sometimes a house in an unfortunate location isn't any fault of the owners.

"Some properties were in the right location when they bought them, but now they're in the wrong location, whether something was built up next to it, or thingshave moved out," Messinger says.'Price cures all ills.

When the price is right, there's someone who will buy it. There may be a limited number ofbuyers, but at the right price, you can sell a house in the middle of a cemetery."

4 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

EAGLE CAP REALTY 1511 Adams Avenue, La Grande, OR 97850

541-963-0511 • 1-800-963-1206 www. Century21EagleCapRealty com

EQUAL HOUSING

OPPORTUNITY

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Polk Ave., La Grande $27,900

Lake Ave., La Grande $29,900

LOT 3N is 7192 sq ft. OWNERWILL CONSIDER

TERMS.Approx. water and sewer connection fees are $3, 175.00 plus standard tap fees.

Lot 3S is 6000 sq ft. Cometake a look. Owner will consider terms. Approx. water and sewer connection fees are $3, 380 plus standard tap fees.

MLS¹9022995

MLS¹9022997

1703 Chelsea, La Grande $32,000

0 Q Ave, La Grande $320,000

Building lot in newer subdivision, will accept II&rH Streets, curbs, sidewalks are in.4.79 Ac. Currently or stick built homes.Pavedstreets, side walks and zoned for multiple housing, possible zone change curbs. MLS¹12158663 to medium density residential or general commercial. Possible owner carr . MLS¹12223877 .9

Mountain View Dr, Cove $65,000 2acre building site. Looking for that special place to build your dream home?This could be it, drive by and have a look. Located on the outskirts of beautiful Cove, Ore on MLS¹10059777

Woodvilla Grn, Island City $75,000

Highly visible commercial lot just off Hwy. 82 in Island City. City services available for this lot soget ready to get established andstart or relocate here.

MLS¹11035263

2907 QAve.,La Grande $32,000 78174 Owl HootLn.,Weston$237,500

1422 Z Ave., LaGrande $129,900 3 bedroom has great layout! Yard fenced and private for summertime bbqs. Nice garage/shop in the back. Drip systemfor flower beds.Newerpaint, andnewervin Iwindows.MLS¹15495233

Squire Loop, Cove $47,500

Building lot in newer subdivision, will accept M/H 120 acres surrounded on 3 sides by Forest Building site with small creek and riparian area. or stick built homes. Pavedstreets, side walks and Service land. Situated in Walla Walla Hunting unit. Fantastic views of mountains and the Grande Rustic cabin with full open loft. Private, timbered Ronde Valley. Owner may carry a contract. Call curbs. MLS¹12262075 arcel with o en meadows.MLS¹13041241 Anna for details. MLS¹13103042

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70222 Warnock Rd nWallowa $299,500 This 22 acre parcel borders the Wallowa River on the north, has water rights. 3bd.2ba.1536 sq. ft. of living space. Out buildings include, barn, shop, and 30 x 160 ha barn. MLS¹13164113

224 E. Hickory St., Union $125,000 New metal roof installed, newfurnace & central air, new gas hot water tank, newelectrical panel, new Cute 2 bedroom 1bath home with many updates. toilets, new interior & exterior paint, new floor Fenced yard an d d etached garage. coverin s. MLS¹13368020

1602 MonroeAve., La Grande$69,000

70291 Hafer Ln., Cove $99,900

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Mountain View Dr., Cove $65,000

Unbelievable views.Build your dreamhomeon this 2.16 acre buildable lot near Covelocated in a new beautiful 11.25 ac. building lot. Power is already on subdivision that could continue to grow.Invest now the lot and has DEQ approval for septic system. and maybe build later when the time is right??

MLS¹13557090

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1001 Division St, Elgin $180,000

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1707 Jasper St., Cove $285,000

This 1890 built home retains all of its original B am home on this 3/4 acre lot. Completely remodeled on the inside. Home has charm with 9 and 10 foot ceilings throughout. Loc sf K o rth of the city of Union, this prop- 1888 sq. ft. of living space, with 4-bd. and1ba.New Complete elegance with 5 bedrooms and 1 1/2 erty as 'the country feel you want, but is still F/G/A furnace, vinyl windows, wiring, plumbing baths on a double sized corner lot. MLS¹14012346 walkin distance to town. IIIILS¹14018880 and roof. Twolots for sale. MLS¹14051442

65826 Hemlock Stn Elgin $171,000

a I. 65721 Grays Corner, Cove$420,000

3001 2nd Stn La Grande $123,165

Almost 34 Acres of pasture and privacy make up There are 4 bedrooms, 2 bathrooms, 2 living this former tree farm, and the 2, 000 sq/ft finished rooms, and there could betwo kitchens. It maybe shop with apartment must beseen to bebelieved. possible to use this house as asingle family home MLS¹14098010 or a du lex. MLS¹14133172

2614 2nd St., La Grande $24,650 Remodel was started on this home so there are currently no existing bedrooms or bathrooms. No staircase to the upstairs. Finish the remodel ortear it down and start over. MLS¹14138134

68633MillCreekLn,Cove$389,000

Great small acreage. 2BR/2BA, two nice outbuild- 5BR/3BA, library/den, gourmet kitchen, floor-toings. Large two car garage with roll up doors and ceiling chimney,spacious master suite, nice roomy work shop with extra storage room. Nice 24x36 basement. Extra large shop with guest quarters.

Buildin with 12 ft. roll u door. MLS¹14073486 Sho hasbathroom,double doors.MLS¹14094330

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69574 Lantz Ln., Cove$499,000

1211 Willow St, La Grande$175,000

Custom built home w/extras! 3BR/3.5BA. Outdoor 4BR(two without legal egress), 2BA with 2 car living area, exercise room, hardwood, tile floors. garage, irrigation well, outdoor fireplace, over a Granite counters. Gorgeous views, 5 car garage half acre? This property is priced below similar with 2 RV doors, 1 1/2 acres! MLS¹14175775 homes so act fast! MLS¹15048734

Friday, March 27, 2015 -

NORTHEAST OREGON REAL ESTATE

Anna Goodman Broker 541-963-0511 anna@ask-anna.com

Pete Price 541-786-8080 price@uci.net

Michael Sattem 541-963-1214 michael.sattemLacentury2Lcom

Jamie Weuey

541-963-1207 century21@ask-anna.com

Kent Coppinger 541-963-1203 Kentc@ucLnet

Gary Haefer 541-963-1204 Haefer49@uci.net

Cindy Arnoldus 541-910-8073 Cindy@Lagrandehomes.com

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107 Island Av, La Grande $180,000

1412 Bonneville, La Grande$360,000

Great views of the city, mountains andvalley from this 3716 sq. ft. home located on Sac. Many up This is a good investment. There is over 2000 sq. dates including the kitchen with an inlandandall of ft. to work with. MLS¹14206572 the a liances sta . MLS¹14263396 THINKINGOF OWNING YOUR OWN BUSINESS?

280 N. DeweyAveo Union $24,000 Nice size lot in Unionwaiting for your home plans.

Utilities are in the street so don't delay. Hurry before it's one. MLS¹14389210

10905 Harris St, Island City $153,900

2405Watson St.,LaGrande$37,000

1468 sq. ft. of living space with 3BR/2BA Living Building lot in newer La Grande subdivision. This room has fireplace with free standing gas insert, lot is ready to build on, and all utilities are stubbed plus a family room. New paint on the outside, to the property line. Curbs, and sidewalks are in fenced ard, covered atio, arden. MLS¹14294506 lace. MLS¹15571448

2416 Starlight Dry LaGrande$46,000

1106 E. Fulton Sto Union $216,000

Newer LaGrande subdivision. Thisflag lot is ready to build on, has a chain link fence and all utilities are stubbed to the property line. Curbs, sidewalks and drivewa are in lace. MLS¹15534397

Gorgeous custombuilt home.Openfloor plan with spectacular views! 3 bedrooms 2 bathrooms, the third bedroomdoesn't currently have awindow,the seller will install a window.MLS¹14483529

975 S. 1st St., Union $65,000

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yer s , Summerville $249,900

2B A , just over 11 acres with barn and pasture. The home could be made into a 3 bedroom, and still have two living rooms. Private home on acrea e and not too far from town.MLS¹14369623

N College St., Union $48,500

2BR/2BA (with an office or third bedroom), spacious living/family room!This property is complete with a fully fenced backyard, gazebo, pond, and a sho,allsittin onalar ecornerlot.MLS¹14516027

Build your dream home on this 3/4 acre lot.

Located just North of the city of Union, this property has the country feel you want, but is still walkin distance to town. MLS¹14522173

Longview Ln ¹1 1, Cove $60,000

2606 Starlight, La Grande $151,890

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1015 Y Ave, La Grande $92,500

E. Ash, Union $29,900

First time on the market in over 40 years. Open living room and kitchen makes for a great entertaining space. New tile floors in the kitchen, and new wirin throu hout. MLS¹14561762

Large 98ft. x 120ft. building lot in Union. Lowtraffic located on a deadend street. Large open area to the south of this lot. City sewer is stubbed to the lot, ci water in the street. MLS¹14579945

402 Scorpio, La Grande $249,000

ers 3 bedrooms and 2 bathrooms Well cared for custom, stick built home. Large, 3.49 acres with great views of the mountains and Thishome off fenced lot with established landscaping. Covered valley below. Subject to CC&R's of Mt. View with a very spacious and open living room and frontporch and back deck.On a quiet dead end Estates. Creek runs through property. Plenty of kitchen. This design is great for entertaining street. MLS¹14584470 room for our animals. MLS¹14634435 uests. MLS¹14660937

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64840 Hunter, La Grande $325,000 605 Lake Aveo La Grande $89,900

Kerns Loop, Cove $379,000

1001 Division St, Elgin $180,000

10 acre home site with a large shop on it! Shop Just steps away from the Grande Ronde river. has very nice living quarters. Amazing views from Come build a home on this property or place a all directions! Call today for a showing. manufact ured home on it. The shop has many MLS¹14664300 uses. MLS¹14683545

Beautiful views of the valley and Mt. Fanny. Atotal of 239 ac.approximately 33acres of tillable ground with 2-year round springs great for summer pasture. MLS¹14685513

1890 built home has 9-10 foot ceilings throughout.

Complete elegance with 5 bedrooms and 1 1/2 baths on a doublesized corner lot. This homealso comeswit h a brand new furnace.MLS¹14688659

2107 Walnut St, La Grande $78,000

This house offers 1 large bedroom with lots of storage. Youwill enjoy the upgraded kitchen and bath.

Located close to downtownLa Grande,EOU andthe hos ital. MLS¹14689614

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462 Wapiti Way, Union $415,000 Custom built home with fantastic views! Four bedrooms with a5th overgarage plus 3 1/2baths. 656 sq. ft. attached garage as well as a 1080 sq. ft. barn with feeders ha stora e. MLS¹15014614

258 S 5th St, Union $118,900

This home is amust see! Youwil love the spacious layout with an island in the kitchen. The master bedroom has a walk-in closet and a spacious bathroom. MLS¹15169345

Igo Lane, La Grande$155,000 Almost 10 buildable acres with unobstructed views of the Mountains and the Valley below. Off Igo Lane just minutes from town. Peaceful and quiet.

Build our dream here! MLS¹15139893

995 W. Hickory Pl., Union $109,900

a; La Grande $125,000

This 3bd. 2ba.Manufactured home is invery good 3B ea Thought has been put into every facet condition. Electric F/A heat and central air, master of t property, to include the HUGEfamily room bedroom/bath has walk-in closet. Patio, shed/ in the basement with a walk out to the back patio. sho, fenced. MLS¹15271698 MLS¹15570771

6 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

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2106 Island Ave, La Grande, Oregon 97850 • Fax: (541) 963-3106 ~tff„r.

fNIAL HONNO

OPPORIUNIIY

ffice: (541) 963-1000 • Toll Free: (866) 963-8800

1311 U Aven La Grande$75,000

1402 Cherry St, La Grande$59,900

Bungalow on a large corner lot in La Grande Ore on. MLS¹14631643

Double lot that is divideable and has great work shopareas.Has had some up dating with a new furnace, new vinyl siding, some electrical as well.

203 K ro ect! MLS¹14269690

480 S. 8th Ave., Elgin $79,000

1602 7th St., La Grande$99,900

Open Monda thru Friday 8:00 to 5:30 Weekends by a ppoint m e n t .

Each office is independently owned and operated

2706 2nd St., La Grande$100,000

Cute 2 bedroomhomeon corner lot. Spacious livProperty would make good commercial work live ing room, updated bath, convenient back porch, location. Check with City for use. Needs major fenced yard and garage/storage. Perfect for whatrepair. Large shop. MLS¹14602928 ever our needs are! MLS¹14299481

Kick off your boots and settle in to this 2 bedroom, 1 bath bungalow in North La Grande! With vinyl windows and a new roof in 2012, this home stays coz warm! MLS¹14041593 • •

IM 4 1905 OakStn La Grande $117,500

10205 S.McAlister, Island City $117,500

South side home has amazing character along Here are the shops and garage that your looking with great ceiling height, space andgas fire place. for.

Two bedroom one bath home in need ofsome The backy ard is fenced and the detached garage fixing. Call for your appointment to showthis wonhas alle access. MLS¹14029483 derfull located ro er . MLS¹15174232

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1810Y Aven La Grande $124,900

1301 4th Stn La Grande $129,000

1999 Marlette home on large lot with insulated double car garage that can beyour shop! Cement pad for RVparking, storage shed, dbl gate for alley access, arden s ot & fenced ard. MLS¹14433147

NearEOU,schools.This3 bed/2 bath home has 2 bonus rooms downstairs. Zoned for flexibility of uses, this could be whatever youwant. Hardwood floors, beautiful old wood trim! MLS¹14323681

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1608 X Ave n La Grande$129,000

Don't miss the value in this 5 bedroom 2 bath home with a large fencedbackyard! This 1980 sq. ft. home offers a remodeled kitchen open to the livin room. MLS¹15498334

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2101 0 Ave., La Grande$134,500 3BR/1BA, updated flooring, deck, vinyl windows 1705 Claire Stn La Grande $139,500 and paint! HUGE partially finished basement with potential for two additional bedrooms. Nearly Very nice large 4 bedroom 2bath homewith large l i ving and family rooms. MLS¹14357108 uarter acre lot with fenced ard. MLS¹14599021

1240 N. 2ndSt., Union $144,900

2407 H. Ave., LaGrande$145,500

3218 Union Stn La Grande $160,000

Manufactured home isawesome.Dead endstreet means little traffic, the large lot has room for the garden.

The 3 bed/2bath home has a spacious master and a warmsunn kitchen. MLS¹14411160

3BR/2BA, new siding, exterior paint, gutters, roof in 2013! Large master w/walk in closet, plenty of

New windows, remodeled kitchen, new exterior paint, new fence, newwater heater, UGsprinklers, covered patio, storage shed. Family room, play room, remodeled bathrooms,more. MLS¹15014244

storage and large dbl garage! Lg. fenced yard, deck, fruit trees & a arden s ot. MLS¹14544711

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2206 Pine Stn La Grande $160,000

2401 Century Lp, La Grande$164,900

Cute 4 bedroom, 2 bath homew/laminate and tile 3BR/2.5BA, large corner lot, quiet neighborhood. throughout! Master suite w/walk in closet. Outside Large, fenced backyard with a new storage shed, enjoy fenced parking, large patio, dog kennel and RV parking, new exterior paint and a lovely covaslabtobuild our ara e! MLS¹15178905 ered deck erfect for entertainin . MLS¹14507386

1501 Jasper Stn Cove $164,900

Have you alwayswanted that cottage with tons of windows in a small town? Maybe a really big lot?

Why not throw in a nice detached shop/garage?

This 3 bed/2bath Cove home is it! MLS¹15123513

1202 Bryan Stn Cove $177,500

3BR/2BA, with an oversized two car attached garage with an additional detached shopfor those extra projects. Back fenced yard with a great play structure. MLS¹14639584

660 Albany Stn Elgin $179,000 If you are interested in a comfortable 3 bedhome, a perfect fenced yard and a shop that will make your friends jealous, this Elgin home is for you.

MLS¹14302427

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211 AquariusWay,LaGrande $184,000

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2503 0 Ave., La Grande$189,800

Plenty of parking, large fenced back yard, living 3 bdrnV2 ba homewith open flr plan and private room and family room, and 2 bathrooms in this fenced back yard. Master suite f¹ east end of home. Enjoywinters bythe gas fireplace, andsum- home with other brdms at west end. Attached mers on the back deckwith a view. MLS¹14354801 double car ara e. MLS¹14656818

2412 Starlight Drn La Grande$189,900

65433 Hays Rd n Cove $194,500 Custom home w/Large level fenced back yard, deck, great garden space and trees. 3BR/2BA, Lots of potential in this one. Big spaces in the living room w/gas fireplace and eat-in kitchen. house with open living area. High producing well and septic were both new in 1995. MLS¹14689303 Double car ara e. MLS¹14386474

62946 Fruitdale, La Grande$225,000 1 acre on outskirts of Island City! Oversized shop, 3 bedroom 2bath homefeatures a living room and family room, large dining and a bonusroomfor an office s ace or 4th bedroom! MLS¹14167759

Friday, March 27, 2015 -

NORTHEAST OREGON REAL ESTATE

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Randy McKinnis Shawna McKinnis

Broker/owner, ABR, GRI B r oker/owner, ABR, GRI

(541) 786-0068 Cell randym®eoni.com

(5 4 1)786-0069 Cell shawnaieoni.com

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olly Walker Broker, GRI

(54 1 ) 963-0307

holl y w atkeri eoni.com

Haley Hines

Sharron Langdon

Principal Broker

Principal Broker, GRI, SFR

(541) 786-5285

(541) 910-4433

(541) 913-4306

haleyhinesieoni.com

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.I'»:.:I 475 N. Main Stn Union $199,900

Bob Ullan

Principal Broker, SFR, GRI

Patty Glaze

Lana Coke

Amanda May

(541) 786-0038 laze eeo '

(541) 962-54113

(541) 805-9525

Broker, Member oi Oregon/SW Washington Chapter CCiM

sharronlan dontastna!Lcom

Broker

Broker

lanaicokeegmail.com

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608 Main Stn Cove $203,000

2507 Starlight, La Grande$213,900

Rare registered Historical home! 4BR/1.5BA, tile, Updates to kitchen, bathrooms in progress. Three Beautiful custom home that is ready for a new slate, laminate, updated kitchen, bathrooms. outbuildings provide storageandwork space.Fully owner. Wide open floor plan, use for entertaining Recent appraisal of $240,000 by licensed, certi- enclosed yard and dog-run, and extra space on or just be able to see everything. Nice attached fied, inde endent a raiser. MLS¹14600205 the back half of the ro er . MLS¹15046626 ara e. Quali throu hout. MLS¹14116383

1606 Walnut Stn La Grande$220,000

10904 McAlister, Island City $239,900

Enjoy the nicely landscaped yard and large sun room/family room. There are 3 bedrooms and 2 bathrooms all on three levels to allow for spacious livin and len of stora e. MLS¹14143853

3 bdrnbf2 bathroom across from LGCountry Club.

Shop with tall door and greatwork space/attached storage. Well for yard with large green house and arden area. MLS¹14022492

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1905 Linda Ln n La Grande$247,000

708 Hillcrest Dr., La Grande$254,000

60041 ChokeCherry, Cove$255,000

64193 Marks Rd n La Grande$240,000

2010 H Ave., LaGrande $265,000

4BR home, living room opens to formal dining & eat in kitchen. Newer roof, siding & deck-plumbed for gas BBQ, fenced backyard. New master suite w/office or nurser area. MLS¹14019774

Completely remodeled kitchen with all new cabinets,counters and appliances. Updated flooring, 3 bdrm home. Large parking area,Lawn with s rinkler s stem and newhot tub. MLS¹14459130

9+ acres. 2 homes, 2 general purpose buildings, large shop, hay cover, multi-purpose sheds, double-wide MF home, 1922Sq. ft and stick built farm s le home. Views. MLS¹14293333

4.54 acres, 3BR/2BA! Widedoors in master, roll in shower. Machine shed, barn w/3 stalls, tack room, hay storage, dog run. Smaller barn w/1 stall and stora e. Lr deck, atio, arden. MLS¹14637617

On .80 acres this 4 bedroom 3 bath home off ers spacious living and plenty of shop space.There is an 1800 sq. ft. finished shop and a 576 sq. ft. detached ara e. MLS¹15252884

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1400 B AvenLa Grande $279, 000 63708 Mt. Glen,LaGrande $300,000

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1302 B. Ave., LaGrande $315,000

61765 Stonehaven, LaGrande$374,900

62143 Gaertner, La Grande$385,000

Stunning views from deck, both living rooms and Master Bedroom! Open concept spacious living with 4BR/3BA! Custom master bedroom with thru closet to the tiled en suite! MLS¹14310179

If a big house is in the plan. How about a family room on each floor. If you can see yourself living on 2 acres. If youwant a giant garage/shop, this is the one. MLS¹14349741

Over 5 acres is put to great use with a beautiful 3 bed 2 bath home, over 500 sq ft shop with an additional 3 baysfor parking, and alarge barnwith man horse amenities. MLS¹15590011

7 Pine Crest Dr., La Grande$429,000

62310Wagoner Hill, Summerville$429,000

Hardwood flrs and plenty of storage, 3 BR, plus bonus room. Family room, formal dining, living area exits to well landscaped lawn. Private with a hottub and 3 car ara e. MLS¹14034411

3.8 acre, m/I, 1 bdrm mhrental, shops, barn, storage, pasture andcovered RVparking. Home offers a family room, large kitchen and views from the over sized livin room. MLS¹14675373

62397Wagoner Hill, Summerville $388,900

66508 End Rd n Summerville $389,900 69521Pumpkin Ridge,Summerville $414,000

Pasture, gardens, orchards, spring for domestic 10 timbered acres. Imagine having a beautiful well water, water rights, machine, storage & covered built 3BR/2BA. Picture yourself roaming the propwood storage buildings. 3400+s/f daylite 5/3 home erty being interrupted only by wildlife. This propoffers has room for animals. MLS¹14482319 ert will brin that dream to reali . MLS¹13334662

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4BR/3BAlog home hashuge windows.W rapdeck 5676s/f +n custom living on 1.42 decked & landw/views. Barn with stalls & shop offer bunkhouse scaped acres. Both formal & fun theater room livupstairs with 2 bedrooms!Pond,parkingand much ing. Mtn & wildlife views near hiking. Very large more! MLS¹14638522 ourmet entertainin kitchen. MLS¹13612580

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Lodge Style 2800 s/f, 2/Level Home on 19acres, views. New garage. Log siding, circular drive.

Expansive living areas & enclosed decks.

4BR/3BA. MLS¹15597210

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67287 ShawCreek, Elgin $445,000

10303White Birch, Island City $493,905

160 acres. Log homew/nice truck bayport, poten- 4+ acres. Gourmet kitchen and dining area, 3600 tial studio/bunk house, gpoutbuildings, off thegrid, s/f has separate living areas and bonus rooms. generators, solar & propane, Pasture & merchant- Beautiful master suite, hot tub enclosure, large able timber. MLS¹13245842 ara e, sho and wood stora e. MLS¹13419171

61241 Stackland Rd n Cove $550,000

95 2nd Stn La Grande $129,900

Cute duplex with low vacancy rate. Each unit is Have you ever thought "I wish I had a huge three onebedroom /one bath.Top unithas a deck and level log home on 12 acres with a view overlooking the roof is new in the last10 years. Storage units the valley"? If so, this may be it! MLS¹14370752 for each a t., off street arkin . MLS¹1528344

703 Oak Ctn La Grande $139,000

Split level, 3 bedroom, 2 full bath home on a quiet cul de sac in South La Grande! Short Sale involved. MLS¹13499835

8 โ Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

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This property is currently used as an insurance agency office but easy to convert to other uses.

Well maintained, former restaurant. Located in a very visible traffic area in the heart of Elgin.

MLSยน14502428

1809 PennAven La Grande$139,000

La Grande, Oregon at Hwy 82 with high visibility and great perimeter access. Zoned General Commercial 16,584 Squarefeet with an employee hsing and storage building. Thecommercial pylon signs will stay under Meadow Sign ownership with maintenance easement recorded.MLSยน14696091

410 Railroad Aven Imbler $180,000

2104 Island Aven La Grande$150,000

Well known, local established pizza restaurant. If you havedreamed of being yourown boss,love customer service andwant to serve amazing food, this is it. Call for info. MLSยน12502644

Many options for this property! 4 spacious buildings (2 @ 5000 sf, 1 @ 6000 sf, 1 @ 8000 sf, w/840 sf office space). All buildings but the north building havewood floors. North building has concrete floor. Historically used for seed cleaning and storage. MLSยน14695064

Open Monda thru Friday 8:00 to 5:30 Weekends by Each office is independently owned and operated

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845 2nd Stn North Powder $275,000

Investment and business opportunity! After 30+ years, the North Powder grocery is looking for a new owner!* Including 1.25 +/- acres of land, the grocery has plenty of asphalt parking, space for truck parking and is operating 7 days a week!

MLSยน1 5415261

1907 U Aven La Grande

$575,000

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62867 Philynda Loop, Island City $375,000

Very utilitarian shop building with 6,000 sq. ft. of shop area along with 2,160 sq. ft. of finished area consisting of an office, meeting area, ada restrooms and a kitchen. See RMLS Listing ยน 14455958 for Listing of all buildings in this complex. MLSยน14457253

10901 Island Aven Island City $600,000

2,974 sq. ft. one level building on averybusy hwy.

Most of the building is trussed so walls can be removed or moved around. Dividable 3.44 ac.

MLSยน12166942

1202 AdamsAve., La Grande $425,000

10505 W.1st St, Island City $489,000

Property that is open to manypossibilities! Was a bank, jewelry store, and a brewery! Has some seating and tables left so bring your ideas and come makethis happen for you! MLSยน13199350

Newer Commercial Building with (2) twodoor bays and and 2 separate office areawith 3 offices each and a reception area. No load-bearing walls, so could be reconfigured. MLSยน12423150

62867 Philynda Loop, Island City $850,000

2712 Island Aven La Grande $1,200,000

This building is part of RMLS listing ยน 14455958 Off Hwy84 at Hwy 82 East. NNN/Tenant is and can be purchased by itself or as part of the Starbucks. 36 PARK SPACES. 800 to 1600 s/f whole complex. MLSยน14289519 vacancy is available for lease. MLSยน12584321

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62867 Philynda Loop, Island City $2,375,000

This property is a mix of 5commercial buildings, a convention center/church type building andpotentially (3) 2 acre homesites. MLSยน14455956

2712 26th Stn La Grande $1,375,176

2.44 acres and.43 acres, $11.00 p/s/f. Build to suit or owner will partition to suit. CC&R's apply.

Adjacent to Starbucks on Hwy 82 offHwy 84 in path to Super WalMart. MLSยน12455726

2106 26th St., La Grande$2,125,289 As one piece asking $17.00 p/s/f. Build to suit or owner will partition lot. Next to Starbucks on the way to Super Walmart. More land available adjacent. MLSยน12409165

READY. SET. BUILD! 50 x 100 Building 2 BUILDABLE HOME SITES IN COVE, lot in City of La Grande - the lot next to OR FOR THEPRICE OFONE. One is 8 this is also available for an nice, large lot acres and one is 10 acres, M/L. Views if you'd like!! 0 Y Ave., La Grande and quiet. Hidden Valley Ln., Cove $1 59,900. MLSยน14162384 $22,000. MLSยน15014240 LA GRANDE, OREGON BARE LAND BEAUTIFUL COVE HOME SITES. BUILDING SITE. Please call for more Gentle sloped home sites. Land for sale. information. 0 V Ave., La Grande All fenced and a well log is on file. The Caldwell Ditch Right included. 2 tax lots. $30,000. MLSยน14613306 1 site evaluation on file. A red pump NICESIZED CORNER BUILDING LOT house has undergrd power to it. 0 Haefer IN LA GRANDE! 70x100- and the lot Ln., Cove $197,200. MLSยน15323725 next door is also available! Great opportunity . 0 Y Ave., La Grande $30,000. WHY NOT? Why not be close to town, haveanamazingview and havethe new MLSยน15083118 home of your dreams, all on 78 acres of VALLEY VIEWS FROM THIS WON- some of the best ground in the area'?

DERFUL1.71 ACRES.DEQApproval in Why not'? 0 Mt. Glen Rd., La Grande 2001 for sand filter with curtain drain. $265,000. MLSยน14470952 Beautiful spot to build your home! 0 IF PRIVACY ANDBEAUTYAREWHAT Hidden Valley, Cove $35,900. YOU ARE LOOKINGFOR,THIS ISTHE MLSยน14412759 PLACE. Teeming with wildlife, this timLOCATION, SPACE, AND VIEWS! bered parcel has Clark Creek as its Including two parcels that combined are north boundary. Clark Creek Rd., Elgin over a half acre, this is a bargain. Build $300,000. MLSยน14598070 your dream home on the South side of MT. GLENN ROAD, AMOST POPUtown and wake up to a view of Mt. Emily. LAR LOCATION. Beautiful 61 acre, m/I 0 12th, L a G r ande $69,900. building site at the base of Mt. Emily.

MLSยน15582014 Backs up to MERA recreational area, MANY POSSIBILITIES WITHTHIS 1.19 trails, hiking, views and solitude. Zoned ACRES! Youcan subdivide and develop, 10 acre minimum, dividable, subject to or build your home with lots of space for Union Co. approvals. 0 Mt. Glenn Rd., La a shop. Property is grandfathered in to Grande $489,000. MLSยน13410522 have livestock. There is adjacent land RESIDENTIALLOT SUBJECTTO PARthat is available if more is needed. 1215 TITION, La Grande, Oregon. 21,280 s/f.

Hall St., L a G r ande $95,000. L Ave., L a G r ande $55,000.

MLSยน14678115 MLSยน14615812

Friday, March 27, 2015 -

NORTHEAST OREGON REAL ESTATE

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Real Estate News

report: • 27 states and the District of Columbia are within 10% of the prices they peaked at in 2005.That means home values for many owners are nearing values we haven't seen since before the housing market collapse.

Mar 3, 2015

By: Chrystal Ca¹uthers W e probably sound like a broken record at this point, but: Home prices are up! They rose 5.7% from January 2014 to January 2015, according to a new study.

According to the CoreLogic Home Price Index, which has tracked how tens of thousands ofhomes have sold and resold over the past 30 years, New York

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(+5.6%), Wyoming (+8.3%),Texas (+8.3%), and Colorado (+9.1%) all set new highs in

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the index. The HPI covers 7,267 ZIP codes

(60% of total U.S. population) and 1,282 counties (85% of total U.S. population) in all 50 states and Washington, DC, and includes all sales types, including distressed (i.e., foreclosures and short sales).

Surprisingly, those distressed sales actually contributed to the price uptickthey'dbeen dragging home values down since 2008.

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• The five states with the highest appreci-

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ation were Colorado (+9.1%), Michigan (+9%), (+8.3%),Wyoming (+8.3%), and Nevada (+7.6%). =

SALE ~ As homeowners continue to enjoy their low interest rates, and opt to stay put rather than list their homes for

sale, inventory levels will remain tight, thus driving up prices.

Here are the highlights from the

• Only Maryland (-0.3%) and Connecticut

(-1.9%) saw price declines.

Home prices are expected to continue this upward trend and increase 5.3% from January 2015 to January 2016, according to the CoreLogic HPI Forecast. Likewise, Jonathan Smoke, chief economist at real-

torcom®, has been projecting 2015 to continue the housing market recovery.

p en o n a y thru Friday 8:00 to 5:30 Weekends by

ea s t ate 2106 IslandAve, La Grande, Oregon 97850 •Fax: (541) 96Q $ $0 6

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319 SW20th,Pendleton5225,000 12,500 s/f, m/I commercial land. Location off HWY 84 f¹ Emigrant, high traffic, visible @Safeway, Walgreens, andSuper Wal- Mart. Presently a rental and land rental space.Teardown house and build or add to our land bank. MLS¹13592801

125 SW8th St, Pendleton 5295,000

Commercial Building 10,540 s/f, nVI. Set on 36,142 s/f, m/I ground across the street from conference center at "World Famous Pendleton RoundUp"location. 1 level with on site parking. Presently a bar, wood working shop w/additional rental s acesavailable.MLS¹13693643

2337 SW Court Pl n Pendleton 5695,000

Medical Office in excellent high quality condition with room to expand if needed. WalMart Super Center location, 4 patient rooms, reception area, nurses station, 2 public bathrooms, 1 staff room, work room, Drs offices, tile floors and stoarge.The business, equipment and furnishings are not included.

MLS¹14367411

66782 Willow Creek Rdn Heppner $749,999 Willow Creek HomePlace on 162 acres. Attractive large home has hosted family gatherings, weddings & generally a retreat destination. 32acres of primary water rights for hay.Gatewayto recreation/lakes/hiking/biking/fishing & hunting. MLS¹14580936

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757 SW28th St., Pendleton 5149,900 Large corner lot in a desirable neighborhood.With a back gate that opens up to SherwoodParkand a large, fenced back yard with a storage building andcovered patio. Extensive remodeling and smart updates. Newcarpeting, new paint throughout, new trim, remodeled bathroom, and refinished hardwood floors.

MLS¹15449675

83834 Airport Ln, Joseph $3,980,000

72306 Nash Ln., Pendleton I489,000

Horse Property. Beautiful Custom Home on 20 ares, nVI. Extremely well cared for homewith over 3500 s/f. Horse barn, largeshop,garageareaandRV parking.EasyaccessoffHwy 84. Alfalfa and pasture w/water rights and fenced. Panoramic views of the Blue Mountains.MLS¹14559243

790 Diagonal Blvd, Hermiston $89,900 Multi Unit or tear down and build new units. Large level lot with goodaccess to downtown Hermiston.2 bdrms on one side one on the other. Large yard.Twotax lots. MLS¹146916611

Historic HayesFamily Ranch is one ofWallowaCounty's oldest & most revered farms including productive irrigated hay fields.

Remarkable setting on theWallowa River & set f¹ the Wallowa Mtns, minutes to Joseph, Wallowa Lake & Joseph Airport.

Stunning 147 acre +-home place.MLS¹13056875

'l o — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

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Nice Hillcrest doublewide with 3 bedrooms and 2 bath. This 1440+/- sq. foot home has a covered carport with storage shed, vinyl windows and siding, and new comp roof in past year. All

appliances stay. Ready for you to move in.Sp rent is 250 and includes sewer,water and garbage. MLS¹14304591

3BR/2BA Brookfield model home, two living areas, vaulted ceiling, dining area, especially nice window coverings, breakfast nook, bright kitchen, new deep stainless sinks, new flooring.

New: roof, heat pump furnace, exterior paint on all buildings and porches. New metal shed.

MLS¹14491984

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1607 Adele Terrace, Elgin $89,900 Three bedroom homehas new roof, vinyl siding and windows, new floors, bath updated, gas heating stove, kitchen stove, ceiling fan in dining room. MLS¹15560864

1800 Cedar St., Elgin $126,000 Very nicely kept1991 double wide on 75x248 lot in Elgin..3bdrm/2bth,spacious kitchen,vaulted ceilings,woodstove,EFA furnce,new vinyl windows and carpeting..room for shop,garden or RV parkin . MLS¹13647397

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341 N. 7th Aven Elgin $65,000 1981 Liberty manufactured home with garage/ shop. Newer laminate flooring & newer kitchen 1380 Alder St., Elgin $79,000 365 N. 7th Ave., Elgin $89,700 cabinets, most windows are updated vinyl windows, 4BR/2BA, lots of built in storage. The Master bedroom upstairs & two smaller rooms Well cared for 2000 Marlette with 1404+/on the main floor.

New kitchen, 1 bath, natural square feet, 3 bedrooms, 2 baths and an island garage has a nice shop/working area, storage room, plus room to park a v ehicle. gas cook stove and new gas furnace heat. kitchen plus 400+/- square foot storage building.

MLS¹13106731

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590 Division St., Elgin $155,000

1106 2nd Stn La Grande $126,900

72406Yarrington Rd., Elgin 1998 Liberty double-wide manufactured home would be perfect as a starter home or for a busy $150,000 college student. Low maintenance, fenced yard Country one bedroom bungalow on approx. 12 with a d e tached single-car garage! beautiful acres northeast of Elgin on Yarrington Road. MLS¹15036990 MLS¹14276450

Well kept 3 bedroom (with 2 additional rooms in basement), 1 bath home. Has an oversized garage/shop with RV doors for all of your toys!

Large corner lot, hot tub, fully fenced, well for irrigation. Hardwood floors, lots of storage, newer vin I windows. MLS¹15278672

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:li "i 500 Albany Stn Elgin $166,850

I Iml II 71867 Palmer Junction Rd, Elgin

$171,000 Special turn of the century 1889 4BR/2BA is move in ready with 2516 sq. ft. m/I. Gas fireplace Ten acres m/I just a few minutes from Elgin, Oregon.

Set up with a 1972 manufactured insert, 2 bay windows, high ceilings, new floors, beautiful kitchen, all appliances, dining room, home, with stick built addition that includes a large master bedroom & bath with walk in closet. partial basement. Outbuildings include a small Landscaped, fenced yard with deck, garage. horse barn, shop bldg., & garden shed.

MLS¹13332444 MLS¹14259588

281 W. Fir Stn Union $179,950

Log Chalet on generous corner lot with extra deep, detached shop/garage and additional parking pad. Cozy warm ambiance with pine plank ceiling and freestanding gas stove.

Oversized master suite upstairs has private bathroom. Downstairs are 3 additional rooms and full bathroom. MLS¹15236562

2409 0 Ave., La Grande $192,500 Exceptional 3BR/2BA home has open floor plan, vaulted ceilings, central air conditioning, oak cabinets, fresh paint, Jacuzzi bathtub, tankless hotwater heater, walk-in closet in master, vinyl windows, large fenced backyard, deck, automatic sprinklers, attached garage.

MLS¹14176206

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41016th St., La Grande $199,000

3bdrm/3.5 bath two story home on South LG. New kitchen remodel, added daylight room, 2 car garage, and close to all downtown activities.

Landscaped with nice decks up and down.

MLS¹13445364

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1006 21 st St., La Grande $209,900

Recent remodel-fabulous kitchen and granite counter tops, brand new appliances, fireplace in living room with granite mantel, and a family room large enough for the big screen and a pool table! New paint, vinyl windows, plus large attached two car garage, RV parking.

70379 Valley View Rd., Elgin $213,900

3BR/2BA with 3+ beautiful acres. 2-car+ garage and horse barn with tack room. Garden shed for all of your yard equipment and ug sprinklers.

Fully fenced with creek running alongside the property. This is a perfect property for horses and other animals. New Septic System.

MLS¹14197901

1901Linda Ln.,La Grande $226,900 1708 2nd St.,LaGrande $269,900

Very nice 3 bedroom 2 bath home in one of La Grande's prestigious housing areas. Remodeled kitchen, sunken living room, fireplace, and 2 car attached garage on corner lot. Just a choice home. A must see. Owner has now put in all NEW carpeting t h roughout h ome.

MLS¹14629934

1509Walnut Stn La Grande

Beautiful 1912 colonial home, very large living $279,900 room, formal dining. 4th floor room with storage 16x20 shop bldg., private back yard with 14x40 redwood deck. Built-in cabinetry, hardwood may be another bedroom. Newcarpet, updated kitchen, rear deck, fruit trees, built-ins, wine flooring, spacious living room with fireplace, cellar, oversized 1 car garage with workbench dining room, remodeled kitchen, large bedand storage cabinet. Full basement. rooms, basement with family room and storage, two cargarage. MLS¹13396065 MLS¹14580553

Friday, March 27, 2015 — g g

NORTHEAST OREGON REAL ESTATE

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69566 Haefer Ln., Cove $309,000

Totally r emodeled f armhouse w i th 3bdrm/1.5bth, new master bedroom, landscaped, pond, garden, water rights, large old barn, machine shed, very Ig. shop, other outbuildings, all on 2 ac. MLS¹14286729

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53100 Hwy. 203, Union $359,000

If you can stand elk, deer, cougar, bear, turkey, grouse and probably a wolf. This is it. Two LOP tags for deer and 2 LOPtags for cow elk on this 160 acres with nice 1320' cabin, outhouse, generator, kitchen, 8 man sleep loft and private bedroom, plus living room. MLS¹14436238

2508 0 Ave., La Grande $390,000

Wrap-around porch, home office, oak kitchen with pantry 8 stainless steel appliances, master bedroom suite, basement family room 8 exercise room, plus walk-in safe! Remote operated blinds, intercom system, built-in vac, privacy fence, patio, hot tub, ug sprinkling, 3 car garage. MLS¹10063120

71787 Hwy. 82, Elgin $750,000

173.10 acres m/I, spring fed pond, evergreen trees, fruit trees, farm ground, large shop.

Located just north of Elgin. Very nice custom home,approx.3600 sq.feet;maple hardwood 8 tile flooring, granite counter tops, stainless steel appliances, wrap around deck, 8 more!

MLS¹13232560

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2142 Colorado Ave., Baker City $134,900

Home is 3 bedroom 1.5 bath, small basement, steel roof, vinyl siding, 2 bay carport, large 2 car garage, large 3 bay RV parking, old barn and other sheds, alley access, all on the outer edge of Baker. MLS¹14255635

44179 Lone Pine, Baker City $339,900

Four bedrooms, 2.5 baths, with solar - propane - wood...this is a survival home on approx. 5 acres, absolutely gorgeous inside...REALLY you have to see it...ahh the tranquility of it. On approximately 5 acres with orchard, chicken house. MLS¹14275130

721 Ruby St., Haines $84,900 Beautiful Golden West 2002 doublewide, very well kept. Move in ready with 3bdrms/2bths, fenced yard and nice covered back porch looking onto the Elkhorns. Perfect retirement home.

Close to the Haines steakhouse. All appliances stay. Come et it. MLS¹14463065

129 2nd St., North Powder $18,950

Nice flat lot with services in good central location between La Grande, Union, Baker City, and Anthony Lakes..two storage sheds,ready 1212 V Ave., La Grande $29,950 for MF or stick built home..Will need a condi- Very nice level lot with utilities at the street. tional use permit to b uild from city. Come and build your home or put your MLS¹13573960 Manufactured home on it. MLS¹15364218

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1008 Frontier Ct., La Grande $36,000

500 N 16th Ave., Elgin $34,000

Large LOT Only, house is unlivable, buyer to remove. All utilities, power, water & sewer and natural gas are in and ready for new home or manufactured house to be setup. Corner lot size will be 85' x 90'. MLS15237956

Affordable, 69' x 84' buildable lot on Frontier Court with natural gas, electricity, phone, cable, water 8 sewer to property, tap fees are paid. Paved road, very convenient location in La Grande. City set backs are 16' front, 15' back, 5' sides. Ready for that new home!

MLS¹9049112

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0 Rose Ridge Rd, Cove $39,900

Lot1 in Rose Ridge Subdivision. Beautiful one acre lot in Cove with valley and mountain views, ready for your dream home! The City of Cove is ready to issue building permits and all utilities available. DEQ Approved for Conventional Sand Filter System. Water available at the street. MLS¹14571683

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1010 Frontier Ct, La Grande $48,000

Affordable building lot with concrete foundation, gas, elec., phone & cable, 8 water/sewer on property, tap fees paid. Lot is 68' x 84'(m/I), city set backs are 16' front, 15' back; newer subdivision in La Grande, paved road, & very convenient location to shopping, senior center, etc. An ADA accessible floor plan is available 8 hasbeen approved by the City.MLS¹9049087

0 Earnest, Elgin $55,000 Beautiful 2.22 acre parcel waiting for your dream home, shop or barn with plenty of room to spare. The site has power, gas nearby and the site has been DEQapproved for a standard septic system. Owner financing terms are available. MLS¹1 438001 7 W ZIIVZ

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901 12th St., La Grande $130,000

Spectacular view lot on the southside of La Grande! One of the best view lots in La Beautiful 2.26 acre parcel waiting for your Grande, approx 2.88 acres m/I with city utilities dream home, shop or barn with plenty of room available. Views of the Blue Mountains, to spare. The site has power, gas nearby and Wallowa Mountains, as well as the Grande the site has been DEQapproved for a standard Ronde Valley. A new home built here would septic system. Owner financing terms are have privacy and the convenience of living in available. MLS¹14174803 town. MLS¹1 4541104

0 Earnest, Elgin $60,000

300 Jefferson, La Grande $118,000

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Recently remodeled income producing property. Includes a laundry mat with newer appli0 High Valley Rd., Cove $199,000 ances (8 washers 8 8 dryers), a one bedroom )This 19ac+ piece is just what you have been apartment upstairs, and 6 storage units.

118 Main St., Union $99,000 looking for. It is dividable, or make it your own Residential apartment has range, refrigerator, Building is gutted and ready fro any new busismall farm. Water and power are at the road. dishwasher, wall air conditioner, and carport. ness. It has ben removed from the Historical Very close to Cove and priced to make money Three 8x12 buildings provide 6 storage units. register so anything can be done with it. or build your own castle. MLS¹14589886 MLS¹14322348 Motivated, please brin all offers. MLS¹7804772

'l2 โ Friday, March 27, 2015

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NORTHEAST OREGON REAL ESTATE

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1755 Baltimore, Elgin $148,500

Bill McDonald

Candy Bowman

Gary Tate

Principal Broker

Principal Broker 541786-3164 homesecamlybowman,com

Principal Broker

Broker

503-351-4962

541-910-9083 waytopoya/tysยนgmaiLcom

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Ron Smith

2106 3rd, LaGrande$89,000 4BR/2BA 1408 sq ft home on .49 acres. Heated Nice 2 bed 1bath home on 50 x 135 foot lot. one car garage with two doors. Covered back Convenient location to downtown and the Library. porch. RV parking w/electricity and grey water Ally access from the back.MLSยน14137466 septic. Somefixturescustom made.MLSยน14172818

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10106 4th StmIsland City $164,900 New carpet, floor coverings, new counter tops, fresh paint. RV Parking, Storage buildings, sprinkler system. Large kitchen, center island. Master bathhas new walkinshower.MLSยน15000629

1503 N, LaGrande $67,000 1BR w/large bonus loft and a bonus room in the basement. Small yard sothere is not a lot of mowing etc... This homewill go fast. Newer metal roof and some remodeling done inside. MLSยน15149298

1608 21st, LaGrande$169,000

10104 Leonard, IslandCity $64,000

Built in 1963 3 Bed 1 Bath with attached garage.

Fenced for animals. Sits on over 1 acre zoned commercial. Plenty of roomfor a commercial business..MLSยน14140758

Buildable lot 84x124. Subdivision with restrictions.

Near golf course. Ground is level. Utilities available. Single family stick built only. Ownerwill carry contract.MLSยน14074031

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190 E,North Powder$250,000

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66547 Hwy203,LaGrande $389,000

Two story building with new roof, all functions on MFH on 38.5 acres. Large 1728 sq. ft. finished lower 7000 square feet. Upper 5000 square feet insulated heated shop.Twocar insulated garage, could be developed into apartments. 4 bdrm, 2 horse barn, 6 stalls, insulated tack room.Barn with bedrm and 1 bdrm, one office, tavern and restau- room for 50 ton of hay.Fenced, cross-fenced, hay field. Covered deck, fenced yard. MLSยน13469584 rant, 2 RV spots. MLSยน13393632

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69704WapitiLane,Cove$319,000 1.72 acres. Has it all including 3 bedrooms 2 1/2 baths. Tri-level w/finished daylight basement over 2500 sq ft plus 702 sq ft garage. Oak floors,vinyl windows 2 kitchen ovens. Also has vaulted ceilings, decks and hot tub. Heated with 2 fireplaces and oil furnace. Has 220 outlet.MLSยน150124110

80908 StacklandRd,Cove$299,900 1.14 acres. Gorgeous cook's kitchen with new tile counters. Sun room.Abundant storage throughout home.Wood stove,2 over-sized garage and room for an RV/toy. MLSยน14684939

65396 Crescent, Imbler $379,900

Hardwood floors, coved ceilings, granite surround gas fireplace, cooks dream kitchen,room for 2, breakfast bar, with stainless steel appliances.

Master bedroom features Jacuzzi tub, walk in closet. Outside, sprinkler system.MLSยน15300388

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jilllill illllllillllllll! I!i 504 Donald,Wallowa$169,900

Spacious step down living roomwith efficient gas stove. New sliding glass. Galley kitchen re-model, lots of counter space and storage. dinning area has room for large table. Jacuzzi Tub.Upper level features 2BR /1/2 bath.MLSยน14006344

Second, North Powder$18,500

465 F,North Powder$74,995

Home w/extra storage area added to the back.

Great buildable parcel. Near schools and down Near school. Updated wiring, plumbing. Seller will town. Seller will carry a contract. Could be sold carry with acceptable terms. Sale is subject to Lot with the home located on 200 A Street. line adjustment to be paid for by buyer, approximatecostbetween$2800--$3,000.MLSยน15370097 MLSยน15062374

600 Center, North Powder$135,000

2910 N E Riverside, Pendleton $369,900

0 Robert, Haines$16,900

With acceptable offer Seller maycarry contract for Manufactured Home Park with 16 spaces. Each not more than 5 years. Efficient kitchen with island space rents for $275/mo. Tenants pay Electric. breakfast bar.Twoovens. Dining area, large living Owner will stay on as manager if needed. room, and 5 bedrooms. Metal Barn and storage.

Manufactured homesallowed, Water and Sewerto property. All you need toadd is your home. Haines is small town just 12 miles from Baker City.

MLSยน14420676

MLSยน14035314

MLSยน14595660

2715 11th Street, Baker City $69,000

21 16Resort, BakerCity $220,000

1876 Restored. Kitchen has granite counters and Updated windows, roof and kitchen. Laundry area Oak cabinets. Laundry area with abundant storand basement storage. Outbuildings are in good age. Fixtures reflect the period time of the home. condition. Large barn style building and 2 smaller Over sized garage that can house 2 autos with room left over.MLSยน14547325 sheds. Fruit trees. MLSยน14395355

308 Division, LaGrande$123,900

3004Walnut,LaGrande$123,900

Needhel p owning yourown home,think Duplex, Looking for an affordable home.Think duplex. Live Live in one side rent out the other to help pay the in one side and rent the other to help make the mortgage. This Duplex is move in ready, newroof mortgage. Duplex isverygood condition and ready fresh paint. Investors this until has minimal vacan- rent. This unit has a low vacancy rate. Don't miss cy rate and is ready to go. MLSยน14417475 this one!MLSยน14538734 o o

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602 Donald,Wallowa$165,000

One level homewith breezewayfrom Shopto Back door. 1,228 sq ft shop garage with roll up door.

Carport is enclosed on 3 sides and extra storage in the breezeway. Galley kitchen, dining area.

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1302 8th, LaGrande$279,950

4 units. Main unit is 2200 sq. ft. with a basement4BR/2BA. 2 one BRs that rent for $490/mo. 1 studio that rents for $355/mo.Main unit rents for $850. mo. Rented by the person who manages all the units and does handymanwork. MLSยน14474811

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69728 Squire Loop,Cove$279,000 4BR/2BAcustom home builtin2005.Fenced back yard, back patio with pergola and second story deck with a hot tub.Woodstove andforced air heat for the winter, A/C for the summer, and plenty of parking. Openfloor plan, an eat in kitchen, andbar style seating.MLSยน14143556

62641 LowerCoveRd, Cove $185,000

Mini-farm, beautiful views,great location only 3.54 miles to school in Cove (grades K-12).ln NE Oregon close to Eagle CapWilderness Area and other recreational opportunities.MLSยน13143739

10909 Kristen, Island City $67,500

Full Service Subdivision; Lot 37-79.03 X100. City Water-sewer-storm water drains-water meterunderground natural gas-phone-cable sidewalks & mail boxes. CCR's R1 stick built homes only.

MLSยน11202908

Friday, March 27, 2015 â&#x20AC;&#x201D; g

NORTHEAST OREGON REAL ESTATE

3

Bigger mortgages likelier to go into foreclosure Real Estate News Mar 5, 2015

By: Adam Bonislawski 'Mo' money, mo'problems," proclaimed the late Brooklyn rapper Notorious B.I.G. He wasn't talking about the current U.S. foreclosure market, but he could have been.

According to numbers from real estate analytics firm CoreLogic, in December 2014 the country's foreclosurerate fellto 1.4% ,the lowest level since March 2008. But while the overall market is well on the way to recovery, elevated foreclosureratespersistatthe high end. In December, the rate for mortgagesof$750,000 ormore was

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2.5%.

This disconnect has characterized the 2008 crash and its aftermath, says Sam Khater, CoreLogic's deputy chief economist.

High-end housing had traditionally seen fewer foreclosures than the market at large, but, he notes, the last decade's recession turned that convention on its head.

The CoreLogic data shows that in January 2006, the foreclosurerateform ortgages of$750,000 or more was 0.1%, compared with an overall rate of 0.5%. By March 2008, though, these numbers had crossed over, with the high-end rate up to 1.5%, versus 1.4% for the overall rate.

Ultimately, the foreclosure

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While the overall market is well on the way to recovery, elevated foreclosure rates persist at the high end.

Also contributing to the elevated rates at the high end, Mr. Khater notes, is the fact that several states with significant stocks ratefor $750,000-plusm ortgages ofluxury housing have some of the highest foreclosure rates in the topped out in May 2012 at 6.8%, country. The three states with the almost double the peak of 3.6% that the overall market reached in highestDecember 2014 foreclosure October 2011. And while both rates rates are New Jersey (5.2%), New declined for the last 2'/2 years, the York (4.0%) and Florida (3.7%) â&#x20AC;&#x201D;all upper end of the market continues spots with large concentrations of to seehigher foreclosure levels. high-end homes.

What accounts for this role One reason recovery in reversal, which runs contrary to these states has lagged behind, the broader U.S. trend of accelerat- Mr. Khater says, is that they are ing gains at the top of the income judicial foreclosure states. In bracket? One key factor, Mr. Khater such states, foreclosures must be says, is that the 2008 housing crash handled through the court system, was accompaniedby a stock-marwhich can lead to longer processing ket crash that disproportionately times. afFected wealthier homeowners.

Associated Press

Rich Man, Poor Man The foreclosure rate for $750,000-plus mortgages eclipsed the national average in March 2008, and has remained higher ever since.

Outstandlng mortgages ln the

7%

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Note: Aloan amount of$750,000 or more would typically indicate the home purchase price was at least $1 million, given the down payrnent requirements for jumbo loans.

Source: CoreLogic THE WALL STREET JOURNAL.

'l4 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

eII

Real htate

'Your team worked so fast! When possible problems cropped up, the "Team"

"Everyone was very thoughtful, kind and also helpful during the entire process.

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had solutions worked out almost before we knew aboutit. The deal closedright on time which doesn't happen on a deal like this. Good Job!" Thank you!!"

"I think everything went great! At the very end I truly could not have had better representation! I could not be happier!" Corey Vanderwiele

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verywell." Don 8 Kati Simmons

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— 7he Grove Team"Call us,the HOME SHOPPING EXPERTS, today for your Real Estate Itee(ls.'"

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Friday, March 27, 2015 — g

NORTHEAST OREGON REAL ESTATE

5

An economist's 3tips for spring homebuying inase ers'market Real Estate News Mar 5, 2015

faster rate than existing-home prices in recent years, that's partly because low demand from first-time buyers encourHo~ g j ~ In many parts of the aged builders to feature bigger and more expensive homes. In some parts of the country (OK, not Boston), thebusy spring home-buying country, we are seeing builders open up ed by the specific more affordable communities. season is already underwaymortgage options March typically ushers in a For example, in markets like the available to you. A significant increase in home searches on- 10-basis-point difFerence on a mortgage greater Gncinnati; Chicago; Washington, line. This year, even more people than last ratehas a 1.2% impact on your monthly DC; and Raleigh, NC, areas, substantial year are jumping into the search process payment, so what seems like a minor portions of new homes for sale are within difference from one rate to another can re- budget for households earning the median as a result of improving financial circumstances, like a new job, or life events, like ally add up. Plus, if you can't afford a 20% income for the area.

Having a new home built for you is a new baby. down payment, you'll also face mortgage That said, many users of this website insurance premiums that get added to the one way to solve the problem of not being able to find a home on the market that fits report that it's still diScult to find a home monthly payment.

Due to recent changes by housing that fits their needs and budget. That your needs. That's exactly what I did 20 agencies, you now have more options for means this process may take longer than yearsago when Ibought my firsthome. low-down-paymentprograms and even 3. Consider an expert local Realtor you expect. So, like the Fed keeps telling lower mortgage insurance premiums than The single best piece of advice I can us, be patient. And be prepared. were available just a few months ago. give anyone looking to buy a home is simBut that also means you need to think 1. Consideryour alternatives ple: Find an expert local Realtor® to help throughwhat isbestforyou and your Mortgage rates are low for now, but you through the home-buying journey. All circumstances. Our Mortgage 101 crash three of those words are important. the+ be moving up, and likely remain When I say"expert," I mean a profesvolatile, in the months ahead. In any case, course is an excellent way to quickly learn the basics about mortgages. sional with substantial experience and the average interest rate you see in the news is not necessarily the rate that will 2. Consider new construction apply to you.

Ifyou are shopping in an area The specific rate you get is a product where new homes are being built, of several factors, including the lender, don't assume a brand-new home isout the loan type, when you applied, the of your price range. While new-home home and its location, the nature of the purchase, and, of course, your credit hisprices have indeed increased at a By: Jonathan Smoke

tory and financial circumstances.

What you can afFord to buy is significantly afFect-

insight. This is critical to helping you find the right neighborhood and home, negotiating the best deal for you, and completing the process as smoothly as possible.

"Local" means someone who knows your real estate market, neighborhood, and streets intimately.

And finally,"Realtor" should not be taken for granted as just another name fora realestate agent.A Realtorisa real estate professional who is a member of the NationalAssociation of Realtors® and subscribes to its strict code of ethics. That standard of professionalism is important.

Congratulations on making it to this point! You may have weathered an economic storm, but now you're able to considerbuying a home. Buying a home is a journey, but if you follow these tips, you'll be well on your way.

As chief economist of realtor.com®, Jonathan Smoke leads its efforts to develop and translate real estate data and trends into accurate and relevant consumer and industry insights on housing.

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4ways tokeepyourVAloan ontrack Pre-approval is a big step in the home-buying process. It shows real estate agents and sellers you're a serious candidate and gives you a clear sense of your purchasing power.

But VAloan pre-approval isn't a guarantee. A lot can change between receiving your pre-approval letter and closing on a home. Big changes in credit or employment can be red flags to lenders.

Work hard to avoid these four pitfalls to help keep your VA loan on track.

1. Slipping up on credit You always want to do your best to stay on top of your credit, but making payments on time is more important than ever. Lenders will likely check your credit again before closing. You should also avoid opening new credit lines,

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which could hurt your score and even jeopardize your pre-approval.

2. Making mqjor purchases Hold off on buying that new living room set until your loan closing is in your rear view. In addition to the potential credit hit, taking on new debt during the loan process can seriously affect your debt-to-income ratio and other financial guidelines. Steer clear of major purchases until after closing.

670 N 15th, Elgin $104,900

70413 Follett Rd., Elgin $45,000

70668 Hwy82, Elgin $248,500

Well kept duplex on corner lot, older single wide in back. Both sides of the duplex just remodeled, new floors, paint, very clean. New chain link fence, stora e sheds. MLS¹14329669

3.25 acres m/I. Owner has record that the property is buildable, previously had a home on it but was removed Septic was installed in 1986 but not guaranteed. MLS¹13110636

Nice log home on 7.32 acres m/I, bunkhouse. Large metal shop with concrete floor, metal horse barn and hay barn.

Great horse property, corrals and good pasture. MLS¹1 51 55805

7547 Mitchek Ln, Elgin $191,000

Country Home on 44+- acres, 4 B/R, 3 Bath, detached garage, 2 large metal shops and horse barn and beautiful setting. Second kitchen/living quarters downstairs with separate exit. Nice pond andlotsofhorse asture.MLS¹14673143

3. Undergoing big career changes Losing your job or changing careers can put your ability to make mortgage payments into question. Lenders will verify your employment situation just before your loan closing. Needless to say, surprisesaren'tgood.Changing jobs won't automatically kill your loan Continuedon page 17

Shaw Creek runs thru the 10.69 acre.

Manufactured home on foundation, full length covered deck. Two nice metal building, large hay barn, good pasture, 10 minutes from town. MLS¹15075934

70602ValleyView Rd.,Egin$289,000

72469 GoodRd., Elgin $399,000 Nicely remodeled farmhouse. New roof, wiring, improvements. 3 Ig ponds, over 70 acres, Lg metal hay/horse barn with stalls, metal equipment shop and several other outbuildings. MLS¹14621274

'i 6 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

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By Tresa Erickson If you've ever sold a home, you're probably familiar with the concept of home staging. Home staging is the art of preparing a home so that it will sell fast and for the right price. This may entail anything from rearranging furnitureand eliminating clutter to assisting with repairs and making recommendations to boost the home's curb

and bring in rental furniture, requiring you to pay the costs of renting a storage unit and furniture.

After you've been given an estimate, make some calculations. As a rule, the higher the asking price of your home, the more you can afford

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appeal. While some

Loan Originator

sellers may choose to stage their homes themselves, others will hire a professional home stager.

If you opt to go this route, make sure you choose the right pro for you.

Hiring a professional home stager is no different than hiring an interior designer. You should

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WJ II,I VI„„,I,I.'

NMLS ID 506474

1203 Adams Ave La Grande, OR97850 Mobile 541-805-8659 teric@fairwaymc.com www.terichamplin.com

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begin by asking for referrals. Check with &iends and relatives and with your real estate agent. Larger realestate companies may have worked with professional home services and may be able to provide you with a list of names.

Once youhave several names in hand, start checking them out. Find out from the Better Business Bureau if any complaints have been lodged against them. Make an appointment and ask to see photos of their work.

Find out how quickly the homes they staged sold and ask for a list of referrals, so you can talk to others who have used their services. Bnally, get an estimate. Some professional home stagers charge by the hour, while others charge a flat fee. The higher the estimate, the more involved the staging may be. While many professional stagers will just work with what you have, some will clear out everyttung

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for being Union County's ¹1 Producing Broker in 2014! to spendforthe services ofa professional home stager. If you're asking lessthan $200,000 foryour home, you may want to go with a lower estimate, whereas if you're asking for a higherprice,you may want to go with a higher estimate. Keep in mind the time factor as well. If your home has been sitting on the market over a year, you may want to go with the more expensive professional stager who has a reputation for producing immediate sales.

Choosing the right professional home stager takes some work, but it's worth it. Not only will it help you sell your home fast, but it could boost the askingpriceofyourhome and give you more money to spend on your new home.

gf/g

Real Estate Team 2106 Island Ave, La Grande

Fax: (541) 963-3106

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Patty Glaze

(541) 786-0038 Open Monday thru Friday 8:00 to 5:30 Weekends by appointment.

Each office is independently owned and operated

Patty Glaze Broker, Member of Oregon/ SW Washington Chapter CCIM

Friday, March 27, 2015 — 'l7

NORTHEAST OREGON REAL ESTATE

What recovery? Nearly 11% of U.S. homeowners are still underwater Ifyou read watch thenews,you've heard about the recovering housing market — prices are up, inventory is low, mortgage interest rates are below 4%, and more people have jobs. Hooray, housing is no longerdragging theeconomy down the drain. Yet, more than 10% ofhomeowners are still underwater.

To beexact,5.4 m illion,or 10.8% of all mortgaged properties, had negative equity in the fourth quarter of 2014, according to a new report from CoreLogic, a California-based data provider. Negative equity means homeowners owe more than their home is worth.

What causes negative equity?

Some homeowners borrowed against their home's value during the housing market's heyday,taking outahome equity line of credit in addition to their mortgage. When values collapsed, they were leR owing more than the current market value of their home.

Other homeowners saw their home's value plummet below the level of their existing mortgage. They were in the hardest-hit markets such as Nevada, Florida, and Illinois. These owners saw home values slashed to pennies on the dollar in some cases.

But being underwater doesn't automatically mean homeowners are struggling and at risk of foreclosure. As Jonathan Smoke, chief economist at realtor.com® points out, every new car buyer

VA LOAN Continued frompage 15 chances, but it might delay the process.

Let your loan officer know immediately if changes to your employment are possible during the loan process.

4. Packing up important documents As you pack your life up in boxesin preparation for the big move, be sure to keep crucial documentation organized and readily available. Expect your loan team to constantly review and revise your file to make sure it is always up to date and accurate. It's not uncommon for your loan officer to ask for more information along the way in anticipation of and during the underwriting process.

equity disqualifies these homeowners &om refinancing into lower-rate mort-

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gages.

No one likes making payments for an asset that is losing value. But homeownership is a long-term commitment.

The housing crisis was a blip in a 30-year mortgagecontract.

Still, some states have been slower to recover than others and these five states account for 31.7% of negative equity, according to CoreLogic. Nevada with 24.2% ofhomeowners with negative equity; fol-

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lowed by Florida (23.2%), Arizona (18.7%), Illinois (16.2%), and Rhode Island (15.8%).

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''We expect the situation to improve over the course of 2015," said Anand Nallathambi, president and CEO of CoreLogic. He said he expects prices to rise 5% this year and liR about 1 million homeowners out of negative equity.

But the news is not all bad. About 1.2 million homeowners regained equity lastyear,according to CoreLogic.In fact, the number of underwater homeowners dropped 18.9% year over year.

M,ortGaQc is underwater the moment he or she drives off the lot. ''You don't struggle just because you m ay owe more than your home is estimated to be currently worth," he said.'You struggle if you lose your job or face sudden health care bills. If being underwater is itself a problem, then new car owners would routinely struggle with making car payments."

Underwriters may also require additional information to geta better look at your financial situation. Keeping a folder of all essential paperwork can saveyou from digging through 10 boxes during your next chat with your loan officer.

The last thing you want is a surprisechange that may throw a wrench into your journey to homeownership. So in the end, ask your loan team if there's anything you're unsure about.

This article was written by Chris Birk, director of education at Veterans United Home Loans and author of 'The Book on VA Loans: An Essential, Guide to Maximizing Your Home Loan Benefits."

While we don't know if these homeownersarehaving a hard time making their payments, we do know that negative

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'l8 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

(541) 963-5450 FAX (541) 963-6551

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1526 Jefferson Avenue, La Grande, Oregon We specialize in trades and exchanges. We also provide property management.

www.ranchnhcme.ccm email: mh@/anohnhome.oom

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COIII8IIIERCIAL LAND ZONED INDUSTRIAL. 9+ ACRES WITH A VIEW.Sewer, water &

John Collins Principal Broker

Carolyn Rovier Broker

541-963-9268 (eve) 541-962-5771cell rnhoranchnhome.com

541-786-0822cell

rnhoranchnhome.com Carolynoranchnhome.com

IMBLER ACREAGE

ROSE RIDSE2 SUBDIVISION P tIml

Phil Burffng GRI, Principal Broker

5+ acres with 60 ton truck scale and several buildings. Sell will consider exchange oflandor other personal property. $1,100,000.

power available. $139,000.

2 ACREsite with foundation. Super location. Close to town and school.

New subdivision. New road. Buy the lot ¹t now for $t05,000.00. Call for details on proposed homeand blueprints. Price includes DEQapproval, completed foundation, blueprints, well and fencing. Seller has installed continuous fencingaround the property.

John Collins 541-962-5771Call for details

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VALLEYVIEW INTHEIIIIT GLENAREA. 3 bedroom, 2 bath. Vaulted ceilings with exposed beams, wonderful view ofthevalley andMt Emily. Over 100sqft of decks, beautiful rock fireplace.$495,000

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10 ACRES IIII/L PRESSURE IRRIGATED.

Pasture, great garden, fruit trees, 1554 sf home, large living room, family room and kitchen. Large utility and mud room. Several older farm buildings for storage, pond and creek.$285,000

WALLOWA LAKE HOIIIIE-Westsideof the lake. 3200 sf home with fantastic views of the

SIIIIALL ACREAGE IN COVE AREA.2 build-

lake andmountains. 4 bedrooms, 3baths, large kitchen and living room. Great for entertaining. 3 BEDROOM, 2 BATH WITH COVERED BACK DECK.Includes a garage. $154,900 II I 0 I t l e 1.0 1 ,10D,DDD

COMMERCIAL PROPERTY.12 + ACRES at

Baker City. $900,000.

ablelots being sold as one.Road has been built already. Build on one and keep the other one for future investment. $127,500

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431 ACRES OFFOOTHILLS JUST OUT OF UNION.Beautiful ranch home on 431 acres, 2400 sf shop with full bath and bunk house, 2400 sf hay barn. Wonderful kitchen, 3 BD 2

bath, 1896 sf plus 600 sf garage.Lots of water on rangeland. Goodwell and concrete septic. $585,000

HISTORIC HOIIIIE BUILT IN 1886 ON 1.6 ACRESwithin 2 miles of La Grande. 5 BR, 2 bath remodeled homewith country kitchen and

large living room.Oversized garage-shopcombination. Lots of fruit trees and great garden spot. New concrete septic and lots of flowers and trees surrounding the home. Possible owner terms with large down.$239,000

GREAT LOCATION FORYOUR NEWHOIIIIE!

GREAT BUSINESS OPPORTUNITY!!

HERE IS THE CUSTOIIII HOIIIIE YOU HAVE Formerly a towing company soalready set up with security fence, private road, 2-bay garage WAITED FOR!Many updates including electrical and plumbing, 3BR/2BA, solid no-squeak with lift and built-in air compressor, office,

floors throughout.Trees, private patio, shopand Property offers views of mountains and the a out building both on slabs. RV parking. Also Grande Rondevalley. Utilities are available with has a well to irrigate the property. Owner cursewer located at front of property. $39,500 rently remodeling. $170,500

attached living quarters with two beds one bath, secure office, storage barn, shop and metal cabanas. Ideal location to start your own business!

INCLUDES THREE LOTS.$240,000.

• m • m Da

NICE DOUBLEWIDE HOIIIIE,3BR2BA, updat- DRASTICALLY REDUCED!!A great invested bathrooms with walk-in tub/shower, water ment for developers planning tobuild asubdivi- 30 ACRES OF ColllfflIIERCIAL PROPERTY, filtration system and hot water on demand in sion in the urban development area of La ZONED AND READY TO DEVELOP.Across

kitchen, garage, covered/enclosed porchanda covered wood storage area. UGsprinkler system, fruit and shade trees, fenced, has electric gate. $153,000

Grande. Property offers 8.16 acres with power and water available. City Planning Department has a proposed Master Plan for development that has beenapproved. $275,000

from Wal-Mart Superstore. Largest tract of contiguous commercial property in Union County. Call John Collins, Broker, for details, 541-962-5571

THIS BEAUTIFULHOIIIIE HASOVER4000 SF OF SPACIOUS ROOM!It offers an enclosed BOISE CASCADESTICK BUILT HOIIIIE. Built front porch, 5 BR, 2 baths, kitchen appliances, in 1976. With large addition for rec room or lots of storage, fireplace, woodstove, close to family room. 4 BR, 2 Bath. 116 x 180' lot with

downtown & zoned commercial. It is nicely 864 sf garage or shop. Gas furnace. landscaped, & has awell that is currently used $159,900.00 John Collins 541-962-5771.

Call for details. to irrigate. Don't let this one get away!

Friday, March 27, 2015 — g

NORTHEAST OREGON REAL ESTATE

Whenitcomestomort a e rates,don'tsetteforavera e If you're shopping for a home, you'veprobably noticed how dynamic mortgage rates are — changing daily, often following moves in the financial markets. A change of just one decimal point might not seem like a big deal, but it could end up costing you — or saving you — hundreds of dollars per year.

Mortgage rates are complex and vary bylender,location,and product.

Think of them like gas prices. You see them posted at gas stations everywhere, and if you pay close attention you start to notice that the prices vary by location, brand, and product.

But unlike filling up at the pump, the actual rate you get also depends on your fi nancialprofi le and thespecifi c property and terms of purchase.

Now that spring home search and buying activity are heating up, mortgage rates are heading higher. But it's not going to be a straight upward journey — rates are likely to move around quite a bit this year.

The financial markets are reacting to monetary easing (what central banks do to stimulate economic activity) in Europe and Asia, while the U.S. prepares for expected rate increases by the Federal Reserve. However, no one knows exactly what the Fed will do.

This uncertainty will probably not only drive rates up but also back them down occasionally. That means it will really pay for you to keep track of what rates are doing before you lock in an interest rate on your mortgage.

Changes in rates are often described in basis points — 100 basis points equal 1percentage point. So last week, the average rate for a 30-year fixed mortgage was 3.75%. This week, it's 3.86%. That's an increase of 0.11 percentage points, or 11 basis points.

Why does that matter? A 10-basispoint increase on a mortgage rate adds 1.2% to the monthly payment. The changeinthe pastweek would amount

FAX (541) 963-6551

1526 Jefferson Avenue, La Grande, Oregon

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Real Estate News Mar 16, 2015

By: Jonathan Smoke

{541} 963-5450

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www.ranchnhome.com email: rnh@ranchnhome.com

op poll T U IIITY

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to an almost$300difFerence in the courseofa yearfora traditional mort gage ona median-priced home.

Don't assume you are getting the best rate, even if a rate you were quoted matches what was reported in the news — those are averages across the U.S. We often see difFerences of 20 basis points or more across various lenders, and some areas of the country have rates much lower than theU.S. average.

For example, this week borrowers in California saw rate ofFers that were close to 10 basis points lower than the U.S. average; however, in the District of Columbia, rate ofFers were 10 basis points higher than the U.S. average.

Rates can vary by state because of the perceived risks and returns that lenders expect &om the mortgages in those markets. Better rates in California mean that lenders are bullish on the state and want to see more loans there, but the higher rate in D.C. reflects less of an appetite. The rate difFerences acrossstatesalsoreflectthe relative diSculty lenders face when borrowers default.

Keep track of rates in your area by reviewing our current mortgage rates and loans.

Also, ifyou want tobrush up on yourunderstanding ofmo rtgages,payments, interest rates, taxes, and more, explore our Mortgage 101 educational series, runnmg now.

Putting in the efFort to understand and track rates that fit your situation will help you end up with the lowest possible monthly payment, saving you hundreds of dollars per year.

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NORTHEAST OREGON REAL ESTATE

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our "Eastern Qregon Real Estate Connection" ' II.j 2713 Birch St, La Grande$148,000

3BR/1BA 2-story on cul-de-sac with updated kitchen and bath, large master, huge backyard, new detached one car garage and lots of off street arkin ! New wirin throu hout. MLS¹14051068

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* Custom Property Search * Rental Opportunities

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* Real Estate News for Buyers ¹Ik. Sellers

62923 Starr Lnn La Grande$499,900

New hardwoods, custom oak cabinetry in kitchen, GFA andon demand hotwater.Lg insulated shop.

Horse barn, tack. 30-40 ton grass hay. Mature fruit trees. Pond & water rights. MLS¹14600023

44399 Sunshine, Baker City $450,000 42261 DanceHall, Richland $385,000 Custom Log Home on 40 acres. 3BR/1BA, 2696 square feet on 3 levels with covered trek decking on 3 1/2 sides. Large shop w/ guest room and bath, lar e ara e, s rin fed ond. MLS¹15179270

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2692 sq.ft. Master Bdrm with Bonus Space. Nice landscaping, water rights with good irrigation & over 1000 sq.ft. garage. Barn, Shop w/bathroom, 29 acres. MLS¹14523295

* and More

3085 Ash Street, Baker City $234,500

RV Parking area with sewer cleanout. Large covered back deck. Features include Gas log fireplace. Custom cabinets w/ Corian counters & eatin bar. MLS¹14008592

35827 Sawmill, Richland $255,000

3+ acres, over 2000 sq.ft. shop, hay cover, fruit trees, irrigation. Views, Trex decking, huge family room, instant hot water, 12 inch walls and floor heat in lower livin area. MLS¹13639411

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aren' ese -ec ome eauressan ar now.

When"Back to the Future Part II" came out in 1989, we all thought we'd be getting amund on hoverboards and flying cars and wearing sneakers with automatic laces by 2015. In'The Jetsons," Rosie the Robot took care of all the housework, and meals appeared at the push of a button. Yes, those were fictional projections. But even though our cars don't fly, the 21st century has brought about some pretty cool innovations. So why don't we have more of them in our homes?

Here's our editors'wish list for the high-tech home upgrades that we really want — like, yesterday.

"A few years ago, I spent a week eatingmy way through Seoul, South Korea, and staying with a &iend whose apartment had — wonder of wonders!under-fl oorheating.Apparently, this was standard throughout Seoul, and I'vedreamed about it ever since. But seriously, how hard would it be to just build all cold-climate apartments this way, with motion/pressure sensors to activate the heat room by room?

And where's my goldarn jetpack?"

$ 1%5) llanna-barbera Produetl4na,

inc.

—MattGross,editorial director "I'mnota germaphobe by any means, but the self-sterilizing door handle seems like an idea whose time has come. I have a young son, and with all that's going around these days — Measles!

Whooping cough! Influenza!

Ebola! — it would be great to have these at home. And at school. And the office. And ... everywhere."-

tream. But I'm honest and lazy. I know I'd never follow through on replacing the carbonation thingy.

Grohe, take me away!" Mrik

Gunther,senioreditor

"Laundryisthebaneofmy existence.

Especiallyasa renter, the whole laborious process has CicelyWedgeeorth, senioreditor me kvetching every time. And then — THEN — to finally finish "Can I just second what and find things missing?! That's Cicely said? I am agermaphobe. just insult upon injury. That's why Besides that, a tap that dispenses this orbital washing machine is sparkling water should be standard for the kitchen sink. Put the thebestthing since sliced bread.

Or since washing machines. This bubbles in for me —don't I need game changer would guaranto know how it works. I know, I know — I could just buy a SodaS- tee no sock ever goes orphaned

again." —RachelStuts, senioreditor "I'm obsessed with bathing rituals and have sought them out wherever I've traveled — near and far. At home, I love soaking in a warm bath, butthewaternever stays hot enough for long enough for my liking. In my dream house of the future present, I would love a bathtub with a heated surface."

—OieLian Yeh, copyeditor

"It's 2015 and I live in a new-construction apartment, yet I have USB adapters scattered everywhere. Between charging

my phone, laptop, iPod, mobile

charger, and any other device that finds its way home, my electrical outlets are maxed out. Wouldn't it be nice ifbuilders started integrating USB ports into electrical

are so much lower. 2l Wholehouse water filtration systems for healthy, tasty drinking water. We finally installed one a few months ago, and said goodbye to our outlet s?" — ChrystalCaruthers,senior Brita water pitchers. 3l High-tech air-purification systems. Both my editor husbandand kids sutferfm m bad 'There are three things allergies, and we live in a part of Silicon Valley that used to be all that should come standard with all homes: 1l LED light fixtures &uit orchards. The pollen levels for energy efficiency. We spent are crazy throughout the year. a mini-fortune installing them An air-purification system would throughout our new home last mean we could breathe &ee year, but they will last a while indoors, and maybe even adopt a cat!" Mim Moy, managingeditor and I don't yell at my kids for forgetting to turn otf the lights as much, since the energy costs

22 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

24,000 copies distributed in The Observer, The Observer Plus, /

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The Baker City

6~

Herald and The Buyers Bonus, and 5,000 rack distributed

copies at high traffic locations throughout the area.

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Publishes the last Friday of each Month.

March 27 • Apr il 24 • Ma y 29 • Ju n e 26 • Ju ly 81 • Au gu st 28 • September 25 October 80 • No vember 27 • December 81 (due to the Christmas holiday)

541-523-3673

541-963-3161

Friday, March 27, 2015 -

NORTHEAST OREGON REAL ESTATE

u er e w are : a wa s e es

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In spring, flowers aren't the only things blooming in front yards across America. As buyers flood the market after a winter ofhibernation, neighborhood lawns will begin to sprout the familiar "for sale" signs.

But just because spring is the most popular time to buy a home doesn't mean it's the right time. If you're deciding whethertogo home shopping next month or wait until the initial frenzy passes, consider these pros and cons for each season.

The on-season The on-season is underway. Our chief economist, Jonathan Smoke, shared 2014 trend data about homes on the market and expects much of the same in 2015.

"Inventory started to increase in February, was substantial in April, peaked in June, tailed ofFin Auymt, and fell to [itsj lowest in December over the last year," Smoke said."It's a bell curve."

Peak inventory periods will vary depending on location, primarily due to weather and family considerations.

Smoke says metros such as Phoenixand Miami havelesspronounced peaks and valleys, thanks to their year-round warm weather. Also, fewer buyers in these areas have kids, which allows them to buy without factoring in the school calendar.

Other parts of the country rebounding from a brutal winter where home sales slowed to a crawl could see a bigger peak as wallets thaw out.

If you're shopping during the high season, here's what to watch for: Pro: It's simple — there's more inventory.'This can be very good, especially if you're looking for specific features or want to live in a particular neighborhood," said Dave Fry, co-owner of the Fry Group in Wisconsin, Minnesota. You're more likely to find a dream home for sale when more homes are on the market.

Con: Of course, there's more competition.'The potential for bidding wars can be greater duringthe busy spring and summer seasons, too, so you may not be able to get the bargain you were hoping for," Fry said. Sharon Voss, president of

Theol-season

The number ofhomes on the market experiences a general slowdown in the winter and craters in December. You might be able to unearth a bargain, but you'll have to compromise.

Pro:Less competition. With fewer people looking for houses, potential buyers aretreatedwith tenderlovingcare.Itm aybe easier tolandabetterdealifyou don'thaveto elbow other buyers out of the way.

Con:It's a hassle. Bad weather makes it difFicult to get around."In Massachusetts, hardly anyone was out shopping for a home in February because it was too hard to get into driveways, down walkways, and the Orlando Regional Realtor®Associaup stairs," said StaceyAlcorn, co-owner of tion, also told us you'll also be vying for Massachusetts-based LAER Realty Partners. attention from busy agents, lenders, and Plus holiday season obligations can slow home inspectors as the market heats up. down your search.

Con:Obscured view. If you're in a snowy Pro: If a home isn't blanketed in snow, it's easier to spot potential problems. area, you won't know what the yard really Issues with the roof, air conditioning, and looks like until the snow melts."Every yard was covered in several feet of snow, soeven if pool are simpler to see during the sunny season, Voss said. you did get a chance to look at the properly, you don't know what your yard looks like," Con: Firm asking prices.'You may Alcorn said. not beabletonegotiate,assomeone else Con:Homes are harder to inspect. Snow may swoop in and offer more," Fry said. on the ground makes an inspector's job more Sellers may reject any lowball ofFers or difFicult.

Mike Mishkin, founder and CEO of any offer that comes with specific continLove Where You Live Realty, said,'The cold gencies or requests. weather and snow can hide aspects of the Pro: If you've got kids, it's easier to home that wouldn't be as easy to miss if the move the family."Summertime moves inspection were conducted in warm weather." are less likely to conflict with the school Pro:It's a nice time to make an investcalendar,"Voss said. ment. If you're looking for a home for invest-

ment potential rather than a place to live forever, theofF-season isasmarttim etobuy.

According to Smoke, investors are more likely to snap up foreclosures and REOs during the off-season.

Pro:It's prime time to negotiate."Offseasonsellersaretypicallymoremotivated, thus more willing to make a deal," Fry said.

Sincetherearefewerbuyers,sellersm aybe more inclined to entertain lower ofFers or pay forneeded repairs.Lendersmayalsobewilling to negotiate closing costs to win business from a smaller buyer pool.

Pro:You might find a steal. Sometimes a house is on the market during the ofF-season because of an urgent event — for example, a death in the family or a sudden job change, Smoke says. If you're in an area that's dealing with massive employee layofls, or where companies have left town, there will likely be a glut ofhomes on the market priced to sell.

Con:You might find a straggler."Some of the homes that are on the market during theslow seasons areavailableonlybecause, in essence,they'vealready been rejected by the market earlier," Fry said. Ask your agent why a home hasn't sold if it's been on the market for a while.

Ultimately, the best time to buy a house is when it's the right time for you. If you're out tosnaga starterhome, don'tagonize,because you may be able to find a sweet house during theofF-season.Ifyou'relookingfortheperfect fit for you and your family, you'll have to shop during the on-season, when you'll have more choices.

24 — Friday, March 27, 2015

NORTHEAST OREGON REAL ESTATE

OREGON ASSOCI AT I0N OF REALTORS'

3eana N. Beck

Subscriber Relations Repremntative RMLS™ Association Executive GIVicer, Columbia Basin and Union County

Board of Realtors®

RMLS™ -Eastern Gregon GIVice i055 S. Hwy 395, Suite 232 PG Box 75i Hermiston, GR 97838 '

54i-567-5 i86-4IYioe 5 4i-282-3889M I I

REALTORS® defeated the following legislative threats this past year that target your business and homeowners: • Stopped Unfair Double TaxesWith the passage of Measure 79, Oregon REALTORS® stopped local and state efforts to impose real estate transfer taxes on homeowners, now and in the future, without voter approval. A 1.78% tax at the point of sale1 would have cost buyers and sellers approximately $3,524 at median sales price'.

TotalHomeowner Savings: $3,524

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• Protected the Full Value of The Home Mortgage Interest DeductionREALTORS successfully protected the Mortgage lnterest Deduction (MID) at the state and national level from political attempts to limit this critical tax deduction for homeowners. This helped save homeowners (claiming both the mortgage interest and property tax deductions) approximately $3,000 in state and federal taxes'.

TotalHomeowner Savings: $3,000

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• Stopped Energy Performance ScoresIn the 2013 Legislative Session, the Oregon Association of REALTORS defeated ef for t s to require mandatory "Energy Perfo r mance Scores" at the point of sale on a l l real estate transactions. This new res t r iction would have added a new financial b u rden on sellers by requiring a $500 ene r gy audit before placing their house on the market.

TotalHomeowner Savings: $500' OREGO ASSOCIATION .

OF REALTORS'

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Stopped Unfair Transfer Taxes

$3,524

Protected the Mortgage Interest Deduction

$3,000

Stopped Mandatory Energy Audits

$500

TOTAL Savings

$7,024

The REALTOR® Party is a powerful alliance of REALTORS® and REALTOR® Associations working to protect and promote homeownership and property investment. The REALTOR® Party

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speaks with one voice to advance candidates and public policies that build strong communities and promote a vibrant business environment.

Now more than ever, it is critical for REALTORS®across America to come together and speak with one voice about the stability a

sound and dynamic real estate market brings to our communities. From city hall to the state house to the U.S. Capitol, our elected officials are making decisions that have a huge impact on the bottom line of REALTORS® and their customers. Through the support of REALTORS®, the REALTOR® Party represents your interests.

R EAL T O R P

REALTOR

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