Common wisdom suggests Oregon home sales should decline during the holidays. At first glance, this makes sense, given Oregon’s less favorable weather, less daylight and a general aversion to adding yet one more task to an already overloaded holiday schedule. However, there’s a compelling case that the time surrounding Thanksgiving, Christmas and New Year’s is among […]
Is it possible to sell your house…from the big house? In today’s program, we go behind the walls of freedom to see what it’s like to work with multiple convicted homesellers. We’ll also learn some life lessons from each convicted homeseller. Find out more…in this interesting feature article and podcast episode!
In Oregon, what some might call a lifestyle, others may consider a mindset or demographic. Each of these terms is an attempt to describe characteristics of those who live here and to put a ‘face’ to them. But why does this matter? It matters because a better understanding of Oregonians provides a sense of what […]
What can buyers do to lower the volume, lessen their own anxiety and reduce the frenzy without getting caught up in the process, all while making sure they don’t miss out on the house of their dreams? Plus, what can sellers do to maximize their leverage in getting the best possible offer? And for both buyers and sellers, are there specific tips you can use to ensure you’re ‘in it to win it’ for your next home purchase or sale? Find out more in this helpful article and podcast, ‘How Multiple Buyers Change Everything.’
Gaining Advantage When buying or selling a home, any advantage could be helpful to make your decisions easier and more profitable. Few are more experienced and better positioned to provide homebuyers and homesellers with a meaningful advantage than an expert Realtor. That’s because seasoned real estate agents hold access to a literal wealth of information, which […]
When paint time arrives, did you know some homesellers risk leaving ‘money on the table’ later by not taking advantage of ‘market-friendly’ house paint colors to more effectively attract homebuyers?
Did you know the profession of real estate agent consistently ranks as one of the most stressful occupations? Yet, some Realtors seemingly deal with stress as if their work is a breeze. Ever wonder what their secret is? Burnout What is it that causes some real estate agents to ‘burn out?’ And as a homebuyer […]
Welcome to Oregon Perhaps you recently experienced a job change, or maybe you’re simply seeking something different and have decided to make a move. If your final stop is Oregon, you’re not alone, since it’s a common destination. But Why Oregon? You might have heard about Oregon’s livability (having three of the top 50 places […]
Especially during a ‘hot’ real estate market, it’s understandable how some homesellers may wonder “Why isn’t our house selling?” Some homesellers wait longingly, certain that if the sale of their property is ‘meant to be,’ a buyer will appear. But now, given a plethora of ways to gauge the popularity and market-friendliness of any listed […]
On many Realtor property listings, there are one or more sections reserved for ‘private remarks.’ This private information is usually intended for real estate agents. What are these ‘private’ remarks and do they include information potentially helpful to buyers? And why are these remarks private? Find out in this edition of the Oregon Real Estate Podcast.
A fellow Realtor and I had been asked by our seller client to assist with the removal of squatters on her property and also make homeselling suggestions prior to her placing the home on the market. As a result, we were told to meet police at the property to assist with access, so the house could be vacated. Little did we know that we would not just assist with access, but were also about to become deputized as temporary police officers!
Trust is an important factor when buying or selling real estate. Thankfully, trusting your Realtor is not typically super risky. That’s because consumer surveys consistently reflect a high level of satisfaction with Realtor performance. One study by Forbes magazine revealed 96% satisfaction for the real estate industry. So if many real estate agents were dishonest, we could expect that figure to be much lower.
This doesn’t mean blindly signing off on every suggestion one receives from their Realtor. But obsessively hand wringing over transaction minutiae is one sure way to make the process less enjoyable. A recommended approach is for Oregon homebuyers and homesellers to carefully read all documents, ask plenty of questions and work with a recommended professional with a solid track record.
To adults and kids alike, superheroes seem to have time-tested appeal. Some think it’s because they look different. Indeed, some superheroes dress uniquely. Others believe superheroes represent the ‘good guy’ and these days, we can always use more good guys and gals. Yet others suggest that superheroes are in the rescue business and we all […]
There are many good reasons why Oregon homesellers hire a Realtor, including the handful of sellers who first try the ‘for sale by owner’ or ‘FSBO’ route. Here are ten of the most common reasons why Oregon homesellers hire a Realtor to get the job done right. Click here to hear the audio podcast version […]
Realtors must follow many rules and according to consumer satisfaction surveys, real estate agents do an overall good job. Realtors are trained to abide by applicable state and national real estate laws, follow accepted business practices and the Realtor Code of Ethics, which is considered a higher standard of duty. Yet as in other professions, sometimes […]
Simultaneous/Consecutive Home Transactions: Selling one home and buying another are frequently linked activities. Click here or on the ‘play’ button below for the audio version of this presentation about how to minimize the bother and maximize your effectiveness when simultaneously home buying and home selling. https://certifiedrealty.com/wp-content/uploads/2016/10/Dancing-The-Two-Transaction-Tango.mp3 We’ll also examine options to help decide if simultaneous or […]
Regardless of the kind of market you find yourself in when buying your next home, there are key tactics buyers can use to make the process both more successful and considerably less stressful. What are these key homebuying tactics and how can you use them to navigate to a successful purchase? Find out here in […]
Homeselling Strategies Sellers can employ certain key strategies to more successfully sell their home. What are these strategies and as an Oregon homeseller, what is it that you might need to know? As an Oregon homebuyer, it can be helpful to learn strategic insights on the homeselling process from an ‘insider’s’ view. Click here or […]
One frequent Oregon real estate question is ‘What’s an acre worth?’ When you think about it, this question is not so different than ‘What’s a car worth?’ since in each situation there are variables. With a car, the mileage and condition are very important to arrive at an accurate value. Land, too has unique variables. What are these variables and as an Oregon property buyer or seller, what is it that you may need to know? Find out here!
Listen to the audio podcast of this presentation by clicking here or on the ‘play button’ above. When making the biggest financial decision of their lives, many homebuyers and homesellers understandably ask their Realtor to provide a professional opinion on a range of topics. Some common questions include if adding a bathroom will boost resale value, […]
While most Oregon homebuyers use traditional loan providers like banks, mortgage brokers or credit unions, there are solid reasons (and a very helpful alternative) for purchasing a home without them. Buyers avoid traditional lenders for a variety of factors and when they do, one mechanism they frequently turn to is known in our area as […]
Click here or on the ‘play’ button below to hear the audio podcast version of this presentation. Selling an Oregon home can sometimes seem overwhelming and complicated. Yet there is a logical framework to the entire process. Once grasped, this makes the task far less daunting. Easy As 1-2-3 There is usually a very logical progression to […]
Overview: Dealing with stigmatized properties can be unforgettable for both real estate agents and their clients. Also known as ‘tainted’ real estate among other monikers, the issue of stigmatized property is important for Oregon home buyers and home sellers. ‘…that long black cloud is comin’ down, I feel like I’m knockin’ on heaven’s door…’ Bob […]
As with any occupation, there are ‘insider tips’ in real estate. Exactly what are these little-discussed pointers and how can they benefit non-Realtors? In this edition of the Oregon Real Estate Podcast, we’ll briefly note why this little-known information can be so important, then we’ll get to these 5 little known ‘insider tips.’ Hear the podcast […]
While we’re not quite at Passenger Pigeon or Dodo Bird levels yet, among the more scarce items in Oregon right now are available homes for sale. Scarcity By The NumbersNew figures for greater Portland and Salem show no sign of Oregon’s white hot real estate market slowing down, at least yet. The inventory, or housing supply […]
Now that Spring Break, Winter weather and ‘tax time’ are largely behind us, the forecast for Oregon real estate is sunny, indeed. Here are five key reasons for an optimistic 2016 Oregon real estate forecast, which are explained further below: 1. Interest Rates Remain Very Low2. Housing Inventory Is Very Low 3. Better Weather4. The ‘School […]
Fresh figures were just released on Oregon’s real estate market by the Regional Multiple Listing Service, or RMLS. To put the results in a nautical vernacular, we remain ‘steady as she goes.’ Portland MetroLet’s begin with greater Portland, where our backlog of home supply is unchanged at 1.8 months. This means our housing supply remains […]
New figures from the Regional Multiple Listing Service suggest our current hot real estate market recently transitioned from white to red. No, that’s not wine we’re talking about. Instead, we’ve gone from white hot to red hot, because home supply just increased from a shockingly low 1.2 months to a slightly less alarming 1.8 months. […]
There are many possible words to describe people, places, things and events. A recent shift in Oregon real estate brings to mind the word ‘breathtaking.’ And while that’s a term normally reserved for the Grand Canyon or certain Hollywood starlets, it also conjures the notion of astonishment, breaking fresh ground, entering a new phase, being […]
The sale of Oregon farms, ranches and similar rural properties usually has many ‘working parts.’ Yet there are seven basic steps to selling your Oregon farm. Since you won’t want to leave any money on the table, it’s best to do this right the first time. Here are those seven key steps to selling your Oregon farm, […]
While real estate can seem complicated, there is a logical progression helpful to selling an Oregon home and it’s truly as simple as 1-2-3. The process between buyers and sellers is routinely described as a kind of dance, so let the waltzing begin. Fundamentals There are plenty of related tasks associated with any real estate […]
Recently released housing figures confirm a continued “seller’s market” throughout the greater Portland metro area, which includes Multnomah, Clackamas, Clark, Washington and Yamhill counties. Multiple Market Factors Our sustained strong market is characterized by (1). Low inventory, (2). Short market times and (3). Rising prices. We currently have less than a two month supply of […]
This just-listed SW Portland home features nearly 2,600 square feet of living space on more than 1/3 acre, with a convenient downtown commute. Additional features include spacious rooms, a covered patio, plenty of storage space, a peaceful low traffic neighborhood, plus a detached double garage. Click here or on the below image to view the […]
Predictions well into the future are difficult to make with accuracy. Consider your local weather forecast. Even given advanced technology like satellite imagery, plus wind, barometric and temperature data, weather forecasters can get it wrong…and that’s for predictions merely a week or two away! Predicting Real Estate TrendsNow imagine the difficulty in predicting real estate […]
A very telling article was recently released in a national real estate journal. In just two images, it explains why the vast majority of homesellers work with a Realtor.
Like elsewhere, homes throughout the Willamette Valley feature a variety of bedroom options. Can you guess the number of bedrooms most popular in our area? In the graph below, the answer to the most popular number of bedrooms isn’t even close. Three bedroom homes are by far the most popular in our region. Another related […]
With the arrival of Spring’s beautiful weather, many Oregonians have heard someone say: “Now is an excellent time to consider placing your home on the market for sale.” However, you may wonder Why exactly is it considered such a good time to sell your Oregon property? Is it simply due to sunny skies? So if […]
Greater Portland home prices recently experienced a break in their upward trend, according to the latest report from the S&P Case-Shiller home price index. This mirrors the national real estate picture. Standard & Poor’s/Case-Shiller home price index released Tuesday shows home prices across the 20 metros surveyed dipped 0.1 percent in January, but remained 13.2 […]
A recent Realtor article suggests home sellers are now working to get a jump on the competition by placing their properties on the market ahead of Spring: The Spring selling rush may already be under way, as some home owners are already throwing their properties on the market to take advantage of rebounding home prices […]
In an interesting twist that challenges logic, Portland metro home prices are up 2.8% over the past month, while our housing inventory simultaneously jumped by nearly a month’s supply. Usually home prices soften or drop when supply increases. This counter-intuitive phenomenon highlights the ongoing demand for greater Portland area homes. It also confirms the recovery […]
Think you’re busy? The life of a professional real estate agent is, too. A recent list of vital Realtor tasks itemizes the 144 jobs top real estate agents perform when assisting sellers. These duties are wide ranging and this particular list is limited to jobs completed by Realtors for seller clients. The great thing is […]
Whether you’re with family, friends, or are alone, remembering the reason for the season can be a source of great comfort and joy. Merry Christmas!
A new report from the Regional Multiple Listing Service (RMLS) shows Portland area home prices up nicely for the year and now at 2008 levels. A significant reason for this market strength is continued low inventory of available homes for sale. Read this free new report on Portland area real estate here. Make sure to […]
New reports on Oregon home values are now available. For the greater Willamette Valley, they show a pronounced dip in Salem area prices, with a lighter decline around greater Portland. First, here’s a price graph for metro Salem: And here’s the greater Portland price graph: Inventory Explains Price Shifts Housing inventory helps to explain price […]
Fun upcoming events and surprising local housing facts are all found in the latest free edition of the Oregon Real Estate Update. Real estate information also includes average prices and market times for towns and neighborhoods throughout much of Oregon. Home Prices The average Portland area home price is now $309,200, up 14.1% from last […]
Greater Portland area home prices continued their rise as found in Case Shiller’s home price report. Portland metro home prices rose 1.6% in the last month tabulated. That was slightly down from the prior month increase of 1.9%. Over the past year, Case Shiller reports a 12.2% annual increase in Portland area home prices.
New figures suggest Portland and Salem home prices continue to rise. With unemployment still not that good, driving this phenomenon in Portland is a low 2.8 month housing supply. And while greater Salem has more than twice that housing backlog at 6.2 months of supply, Salem is still seeing a healthy 11.3% average home price […]
Recent Oregon real estate news has focused on Portland’s rising metro home prices and anemic residential inventories. So what’s the story on Salem? A Tale of Two Coffees The difference between Portland and Salem’s housing markets might best be compared to two different kinds of coffee. If the Portland area’s housing market rebound is seen […]
The latest report on greater Portland metro housing shows there is just 2.5 months of home inventory. One glance at prior figures reveals a 2.5 supply of homes is amazing small. Click here to view the entire report, including statistics on what homes are selling for in your neighborhood or city.
Here’s all you really need to know from the latest real estate report on our Portland metro housing market: ‘Portland’s real estate activity remains solid. February’s closed sales were strong—at 1,376, closed sales represented the best February since 2008.’ If you’d like to know more, keep reading and view the newest Portland real estate report […]
New figures are now available on the Portland metro real estate market. As of January of this year, the average price of Portland area homes sold has increased 5.4% to $277,000. View the complete new Portland area housing report here and check out the latest average market price on page #2.
Reversing nearly half a decade of falling home values, prices around Portland, Oregon increased 6.7% over the past year. Portland handily beat the 5.5% average increase of the twenty US cities surveyed by Standard and Poor’s in their Case-Shiller Home Price Index. Values in all but one city, New York, increased. National home prices are […]