Homes are available in Lake Oswego, West Linn subdivisions

by: SUBMITTED PHOTO  - Renaissance Homes offers homes like the four bedroom, four bath home pictured here at Rosemont Pointe in West Linn.Things are different than they were last year — and that’s a good thing.

“The housing market is on the rise,” said Renaissance Homes President Randy Sebastian. “We have seen a 100 percent increase in sales this year at Renaissance over last year. And that also means that we’ve had a 100 percent increase in housing production.”

Sebastian noted from 1992 to 2011, housing has risen, including the downturn, every year an average of 7 percent.

“That’s huge. It’s still the best investment,” he said. “Yes, it’s been tough the last couple of years, but your best investment is a home.”

Renaissance Homes is investing all over the Portland metro area, with dozens of homes under construction from Multnomah Village to Mount Tabor. The homebuilding company has expanded its offerings from luxury subdivisions in cities such as Lake Oswego, West Linn and Sherwood, to also include infill built within its Vintage Collection of home styles.

“People love old Portland and great craftsmanship,” Sebastian said, noting that his company has identified 37 infill neighborhoods where it wants to build and where its buyers want to be — including Sellwood, Eastmoreland, Clinton-Division, Hawthorne, Belmont, Alberta Arts and Irvington.

“We look at Portland like it’s one big neighborhood and we have 37 neighborhoods in Portland where we’ve identified where we want to be and where our buyers want to be,” he said.

And it’s been working.

“We’re the No. 1 builder in the city ... and we are the No. 1 builder of LEED-certified homes in the state of Oregon for detached homes,” Sebastian said, referencing the Leadership in Energy & Environmental Design certification system.

Heading into 2013, Renaissance Homes is poised to launch new subdivisions in Sherwood and Wilsonville. Homes are also available in the Lake Oswego and West Linn subdivisions.

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