Editor's Note: Intro
Here’s the first of what I hope to be a monthly newsletter. Will be a little raw at the start, but I think that underscores the intent behind doing it at all…
On a basic level, I’d like real estate, which I think appears to many as something nebulous and/or totally pejorative, to become tangible, accessible, and even attainable. To do that, removing preconceptions—the veneer—is the core, and offering candor as the baseline is the key. The result, I hope, is something edifying and entertaining, especially as sincerity and RE may often be in direct conflict…But, my goal is to provide specificity, illumination, nuance, and enough engagement for you to not opt out (haha)…I’m going to include (something like):
Sunline Stats - Macro and Micro RE snapshots
Sunline Shorts - Something anecdotal from RE e.g., something funny, I learned, heard, etc.
Sunline Staples - Something useful from the RE e.g,. tips, tricks, hacks, etc.
Sunline Steals - Best deal I’ve seen this week in PDX and expound on it (eventually, I think the core component)
Sunline Squad - Something family-related/personal; life
Sunline Suggestion - Something outside the box, probably a recommendation, likely not related to real estate at all.
Sunline Selection - Some quote/idea to leave off with
Sunline Supplements - Further reading, (re)sources, etc.
I’m a bit of a luddite (already been working on this for months…), so the format will be bare, content potentially a little derivative in the beginning, but I’ll implement some more advanced features this platform (beehiiv) has built-in, expand the scope, and include some video(?), as I get more familiar with the interface…Anyways, I hope I deliver, and any feedback on what’s working, what’s not, anything else you’d want to see, let me know.
🗓️ Sunline Stats
Metric | Number | Monthly Change | Sauce |
|---|---|---|---|
30 Yr. Fixed | 6.28% | ||
15 Yr. Fixed | 5.81% | “ “ | |
30 Yr. FHA | 6.01% | “ “ | |
30 Yr. Jumbo | 6.3% | “ “ | |
7/6 SOFR ARM | 5.89% | “ “ | |
Fed Int Rt | 4% | ||
10 Yr. Teas Yield | 4.108% | ||
Jobs Report | 4.3% (Aug 8) | ||
CPI | 0.3% (September) | “ “ | |
PCE | +2.7% (August) | ||
GDP | 4% |
📝 Sunline Stories
I: The Sweeping, Possibly Long-Winded Take
Working in real estate has been everything all at once. A paradigm beset by paradox where the cataclysmically inane is analogous to “productivity,” and work/life balance is hamstrung by "flexibility". It’s where you often don’t work a full day, but work quite literally every single day (side note: I’ve never had a job, including teaching--was only ESL teacher in Japan of about twelve, at my school, that had a Tuesday-Saturday schedule--that I didn't work Saturdays in my entire life and weekends for me are purely hypothetical) for months to quite literally no end.
You’re on Mauai Vacation for example and clients you’ve been engaged with for two years, but never having even set foot in a house, let alone write an offer on one, find one, new construction, need to write an offer ASAP (deadline), so in the middle of the most lavish wedding of your life, friends inside, their jobs outside, your outside with yours, advising in front of some place called the The Slippery Monkey and the next morning, post Mai Tai(s), at 4:13 a.m. (time difference/stateside offer deadline 9:00 a.m.) you're rifling through some 169 pages of new construction docs, uploading via DocuSign, tediously placing the little initial/signature/date logos, page by page, copy, pasted on each page, after which you submit to your clients for signatures, finessing urgency to them to sign prior to the deadline, so you're not rushing to get it forwarded, only once all that's all done, offer submitted and reviewed, the offer is summarily rejected. No surprise. The whole time you were in the throes of the DocuSign doldrums, friends blissfully asleep, you’re in rumination nation because your client’s ceiling/highest price was healthily below where the other offers were at or going to be, which, of course, is totally understandable because that number is an egregious overpay. But you do it anyway, in part because you never know, but in full; that's the job.
The Birth of Your Child: Not a vacation, but another instance that could warrant a little disconnect or privacy, yet I spent at least a few hours rewriting listing descriptions, itemized bulleted addenda w/ hundreds of pieces personal property conveying with a house, re-tooled a listing website and re-listed a house all while my wife was in labor (may expound on this for another episode, but don't want to get that inside baseball yet...). You can say, well that's ridiculous, surely that didn't HAVE to be done then, nobody would require you to do that, but I can assure you they can, they did, and you did as asked, as it was required simply because you gave your word and word is bond...Don't overpromise and underdeliver—if there's a platitude to take away from it all, it's that, and I've learned the hard way to be impeccable with MY word—That’s the job.
All lessons for life in the paradigm of course, and we all have our own. Could call this section 'Real Estate Lessons for Life' or 4 Lyfe. Maybe I will. But, yet..at the root of it all, it fits my skillset that I sort of cultivated from years of bartending, teaching English/ESL and Yoga, that’s molded my personality, some of which I feel like I'm watching outside my own body as there's this weird assembly line of things rolling out of my mouth, despite myself; a haplessly curated trait. And I like the job. I like the competition. I like it when there are multiple offers, mine gets picked over six others with a lesser price, or my client gets first look at a new listing, offer written at the showing and taken off the market before anyone else sees it because the price will drive up if they do, or bidding the price up on a listing for my clients when they're trying to move on to the next stage of life and every little bit extra they get makes that vision come more alive. It's a little dopamine hit. I've been able to find things off-market, something most agents don't even try to do, and when one of my other outside-the-box ideas works, it's satisfying. I like the hustle, I like being told I'm doing a good job--divorced only child thing probably, I don’t know. I like that my output for working harder and smarter is directly correlated to my success; no matter what the macro-micro-economic conditions are, I’m still here nine years later when 95% are gone after three. AND…, I like my people. I get to be around my people, engage with them, see them, take them out, and take care of them. I like to think I have a cult following--not big enough to be mainstream (yet), haha. Anyways, you didn't ask for my opinion, but if you did, this is basically what I'd tell you.
And I have something very relatable for the next story, next month…
💎 Sunline Staples
Clackamas County
Let’s kick off staples with another broad-sweeper of a statement that may not be that big of a secret, but still useful.
You want to save money, remodel your house, build on your property, remove a few trees, have more space, and less riff-raff? Clackamas County is where it’s at.
Property Taxes - Less city overlays, levies, bonds, special assessments, means significantly less (generally) property taxes. I see something like $1.25 per $100 of assessed property value in Multnomah, whereas something more like $.75 per $100 in Clack. At minimum, for most houses you’re saving $2k/year in property taxes and the more the house costs, the more you save…
Fewer Regulatory Hurdles for Remodeling/Building - Permitting is less bureaucratic and much faster. ADU regulations, home additions, and improvements have far less red tape outside PDX.
Tax Dollars go towards infrastructure/services and aren’t (as) squandered or pocketed by corruption and inefficiency…
Some of the Best Schools in OR are Clackamas County—see Oregon City, Milwaukie, Happy Valley, West Linn, etc., and many people seek to get out of PPS.
Lower-density zoning on subdivisions equates simply to more space, less infill, and development, i.e., insulation.
Prices - In the most general way, you get way more bang for your buck, whether you want interior or exterior space, new construction, a shop; all these options exist and much better prices w/ the added benefits of all the aforementioned per.ks.
Obviously, Portland is Portland, and many want to stay in the city, but if there’s a way to get some value on the house itself, save money on updates and property taxes, while leveling up on schools and infrastructure, Clackamas County has that potential.
Bonus: Look for Unincorporated Areas - Clackamas County and Washington County offer some similar traits, and there are also some unincorporated areas like Terra Linda, Oak Hills, Sylvan, Milwaukie, and even parts of Lake Oswego that don’t have the same city property tax overlay, and taxes are also comparatively cheaper. So, even if you want to stay in/close to Portland, but want the benefit of lower taxes, that’s where to look.
🏀 Sunline Steals 1/1
The $200 SF Rule - 2820 SW Nevada Ct
As noted below, I have a client who will base many of our project searches on this rule as a way to find value. Good for remodels, great for resale, and long-term personal residence investment. With this listing, there are actually two other “rules” I’ll probably find and expound on again.
Look for Two Potential Kitchens - This house has a full kitchen up and a full kitchen down. This same client looks for this as well and is usually just happy if there’s plumbing nearby to tap into, but this is a full kitchen with all infrastructure in place already. For resale, really good for multi-gen, ADU, dual-living, etc.
Separate the Wheat from the Chaff (Poorly Marketed) - This is one of MY rules, haha. When I see cell phone pics, the storefront picture is just half the house and ¾ tree, and the next three pics are pictures of the street, a mailbox, and a bush, I smell blood in the water. The regular buyer will see this and just pass right on by because it looks so stupid, which is great for any of us, because less competition and a better chance for a
dealSunline Steal.
🏆 Sunline Squad

Maya looking out the hotel window at Pike Place Market
4/9/25
I turned 40 and we took our first mini road trip as a foursome, up to Seattle. My mom grew up in West Seattle, and as a kid, I’d go over there basically every summer—it still holds a huge place in my heart and is a major source of nostalgia. Possibly the sweetest gift I’ve ever received was from my mom and aunt (her identical twin) who made me a scrapbook, basically of my whole life, growing up—I think they worked on it for some matter of months and somehow filled it with pics I’d never even seen. Attached are a few pictures from the trip, but also pics from the scrapbook…

Lil Devil in ‘86’

Zora w/ Puget Sound Backgrounds

Basketballs and Bowl Cuts
🧠 Sunline Suggestion
The Jaguar Hunter - Lucius Shepard

I started reading this last month, and it’s some of the best sci-fi I’ve ever read. If you like hallucinogenic, ex-patriotic, travely, jungly, guerrilly, supernatural, mysticism, magical realism, tragedy, jaguar as spirit animal/succubus-themed sci-fi, this is it. Shepard was also just a straight interesting dude, in a rock band, and, as it turns out, lived and died in Portland.
Footnote: Also, highly recommended the “Outlaw Bookseller” YouTube channel. It’s a British bloke who owns his own Sci-Fi bookstore and has been reading/critiquing sci-fi since the 70s and personally knew some of the greats. Has the best insight and recommendations for the genre I’ve ever heard. Almost all my recent recs have come from him.
🪬Sunline Selection
Ray Bradbury
“I’ll give you a program to follow every night, very simple program. For the next thousand nights, before you go to bed every night, read one short story. That’ll take you ten minutes, 15 minutes. Okay, then read one poem a night from the vast history of poetry. Stay away from most modern poems. It’s crap. It’s not poetry! It’s not poetry. Now if you want to kid yourself and write lines that look like poems, go ahead and do it, but you’ll go nowhere. Read the great poets, go back and read Shakespeare, read Alexander Pope, read Robert Frost. But one poem a night, one short story a night, one essay a night, for the next 1,000 nights. From various fields: archaeology, zoology, biology, all the great philosophers of time, comparing them. Read the essays of Aldous Huxley, read Lauren Eisley, great anthropologist. . . I want you to read essays in every field. On politics, analyzing literature, pick your own. But that means that every night then, before you go to bed, you’re stuffing your head with one poem, one short story, one essay—at the end of a thousand nights, Jesus God, you’ll be full of stuff, won’t you?”
When I was just out of college, I attempted this and made it, idk, call it eighty-eight days. I always thought it was a great idea, if you want to be well-rounded, creative, insightful, inspiring, interested/interesting, if you did one thing, this would be it, save actually experiencing life. But, anyways, thought it would be a fun idea to share for yourself, your kids, creatives, whoever. And I hope one of you tries it!
Sunline Supplements
Mortgage News Daily - https://www.mortgagenewsdaily.com/
Federal Reserve - https://www.federalreserve.gov/economy-at-a-glance-policy-rate.htm
U.S. 10 Year Treasury - https://www.cnbc.com/quotes/US10Y
U.S. Bureau of Labor Statistics - https://www.bls.gov/home.htm
Bureau of Economic Analysis - https://www.bea.gov/
Till next time,

