Some effects of the Covid-19 pandemic on Oregon real estate include inconvenient home showing protocols, elevated lender caution, higher unemployment (meaning fewer buyers), plus a reduction in the number of homes for sale. Through it all though, many homebuyers and homesellers continue to work together in closing transactions. Hear this podcast by clicking here or […]
While real estate forecasting carries with it a degree of uncertainty, as the saying goes, “To be forewarned is to be forearmed.” With this in mind, here are six key considerations homesellers can expect this year.
With rare exception, most home sellers hope to sell their property for the most money possible, a perfectly reasonable approach. Yet if you overprice your property in an attempt to maximize your return, you’re likely to sabotage your home selling efforts, have your property on the market longer and receive less at the closing table. […]
Real estate isn’t always predictable. Given changing conditions, language used to describe housing is rife with lingo from other industries that experience constantly shifting events—some catastrophic—like aviation. While housing is axiomatically ‘grounded’ compared to the aircraft industry, from time to time Oregon real estate market activity is described as akin to a ‘bumpy recovery,’ ‘hard ride,’ ‘crash,’ or ‘soft landing.’ This raises the question among those buying or selling a home of how real estate crashes are avoided and what does a ‘soft landing’ mean? Find out more in this insightful real estate podcast!
When multiple buyers express interest in a property by each writing an offer, the balance of power has shifted substantially in favor of the seller. As a result of this decided shift, buyers typically become more competitive. Why? Because fear of loss can be a powerful motivator. What can home sellers do to maximize their leverage in getting the best possible offer? Find out more in this informative real estate podcast!
Did you know weather can impact a home purchase or sale? The type of weather conditions possibly affecting your next real estate transaction is wide-ranging, perhaps even surprising. What kinds of weather events should you look out for in your next real estate transaction? Find out more…in this informative real estate podcast!
Would you like to know information that real estate agents believe you’d find helpful? Stay tuned for this brief but informative video!
Most of us are interested in avoiding hassles. Selling your house is no exception. But what about selling a home that could use some work, before you put it on the market? Concerned about the grind of preparing your property for sale? You’re not alone. Don’t fret about the work ahead! You have options. […]
Who wants to spend days, weeks or even months preparing a home to sell? For many, that task is on a par with dental visits and working on taxes. So when getting ready to place your home on the market, what’s a homeseller to do? The good news is that as a homeseller, you have options.
Most residential real estate transactions are ultimately successful, meaning they actually ‘close.’ Such a ‘happily ever after’ scenario has sellers receiving their money and buyers, their new house. However, given the many steps along the way, many real estate transactions have a few ‘bumps in the road.’ Sometimes it’s a home inspection defect. At other times it’s a lendability issue, like an appraisal. Or maybe a legal or title issue, such as an unexpected lien or easement, like a highway or railroad right of way, or perhaps a faulty legal description. Successfully helping home buyers and sellers navigate through these kinds of transaction challenges is a Realtor’s job. Many people are wondering…is the thought of a perfect real estate transaction fact…or fairy tale? Find out more, in this helpful Oregon real estate podcast episode.
‘When’s too soon to list my house?’ is a common homeseller question Realtors are asked. To be sure, there are a host of factors that influence the optimum time of year to sell. When considering the best time to sell your home, several factors stand out. One is the amount of homeseller competition based on […]
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.’
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 […]
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’s their secret? And is there something homebuyers and homesellers can learn about defusing stress using tips from real estate professionals who work daily ‘in the trenches’ while handling potentially stress-riddled transactions? Find out how professionals handle stress AND perform at a high level…in this helpful Oregon real estate podcast!
Given the many potential lifestyle differences among Oregonians, how about differences when selling a home? Oregonians have plenty of housing options. For many homebuyers, one main decision is whether to live in the country, or the city.
If you’re selling country property, it’s important to realize that not everyone is a prime prospect for your home. That’s because buyer considerations between country and city properties include trade-offs. Some of these trade-offs include commute time, convenience and affordability. It’s true that home prices in general tend to become more affordable with added distance from the economic hub of cities. Yet even given a lower house price tag, with increased countryside commute times and what some see as rural inconveniences, there also tends to be a decrease in buyer demand.
While many buyers speak longingly about having ‘a place in the country,’ the reality of change is just too overwhelming for some. So they stay in the city or suburbs. Does this mean country property sellers are doomed to the ‘double whammy’ of fewer buyers and a longer selling period? Isn’t there a buyer for every property? And what about other aspects of the sale, like getting a loan, appraisal and inspections. Are those different for country transactions, too? Find out more in this helpful edition of the Oregon Real Estate Podcast.
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 […]
It’s understandable how homesellers might 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 home for sale, you can stop waiting for your house to sell. The good news is that there are indeed options homesellers have at their disposal to ensure their home sells…usually a whole lot faster, and frequently for top dollar. So, what are these options to ‘jumpstart’ an otherwise lackluster homeselling situation…and are some better than others? Stop waiting for your home to sell and find out more, in this edition of the Oregon Real Estate Podcast!
Selling a home usually involves a considerable amount of planning. And like many activities, with homeselling there is a beginning, middle and an end. So somewhere approaching the mid-way point in the homeselling process and well before the end, you’ll receive at least one offer. But what happens then? Questions 67 And 68 There are […]
A common homeseller question is ‘How much will it cost to sell my home?’ As with the sale of anything, there are a few factors to consider. In real estate, these factors can include a Realtor commission, plus items like title insurance, escrow and recording fees. There are other costs, too, like the ‘hassle factor’ and moving expenses. Thinking about selling your home? Find out what you need to know in this informative podcast.
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 […]
To adults and kids alike, superheroes seem to have a 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.’ Yet others suggest that superheroes are in the rescue business and we all have an area in our lives where we could use help. Whatever the reason, it’s undeniable that superheroes hold a unique place in our imagination.
While not superhuman, some real estate agents stand far apart from others. And when hundreds of thousands of dollars are literally on the line during your next home sale or purchase, chances are you’ll feel better throughout the entire process when working with a truly ‘super’ Realtor. But is it possible to easily locate a terrific real estate agent that’s not only experienced, but also dedicated, plus recognized for excellence among his or her peers? Find out in this edition of the Oregon Real Estate Podcast.
Compared to the life of famed superspy James Bond, buying or selling Oregon real estate is dull and monotonous, right? Au contraire. You might be surprised to see how such a comparison actually sizes up. Click here or on the play button above to hear the audio podcast of this article. Not So Mundane, After […]
Sometimes absorbing the sea of Oregon real estate information is more like drinking from a fire hydrant. Yet, out of all the seemingly helpful real estate data bandied about, there is one especially helpful number, which when understood, can provide near-magical clarity to both homebuyers and homesellers.
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 […]
While there are cases to be made for homeselling in each of the four seasons, Winter is one of the most powerful times sellers can place their home on the market and for ten very good reasons. Hear the audio podcast version of this helpful real estate presentation by clicking here or ‘play’ below. Price […]
While there is a case to be made for homeselling in each of the four seasons, Winter can be one of the most powerful times to sell your house…and for ten very good reasons. Find out more in this helpful program, ’10 Reasons Why Winter Homeselling is Hot.’
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 […]
Homeselling Strategies-Sellers can employ certain key strategies to more successfully complete the homeselling process. 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 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 […]
Selling an Oregon home can seem overwhelming and complicated, yet there is a logical series of steps to the process. Once grasped, a basic understanding of three vital home-selling factors can make a successful home sale much less daunting. Join veteran Oregon Realtor Roy Widing in this episode of the Oregon Real Estate Podcast, as he shows how selling your Oregon home can be as easy as ‘1-2-3.’
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 […]
Two common real estate terms are ‘seller’s market’ and ‘buyer’s market.’ What exactly do these terms mean and how do they apply to our current Oregon real estate climate? First, let’s define a ‘normal’ real estate market. Terms like equilibrium and stasis describe real estate climates favoring neither buyers or sellers. For example, let’s imagine a […]
For many, the sale of a home is somewhat of a mystery. What exactly is it that Realtors do to sell properties, sometimes in the dark of night? The ‘Secret’The answer is that Realtors do a lot of things, though some of them are not so well known. Today we’ll examine one of these ‘secrets’ […]
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 […]
A Rising Tide Raises All BoatsReal estate activity in parts of the Willamette Valley may not be an economic tsunami, like greater Portland. However, since ‘a rising tide raises all boats,’ the effect of the Portland metro’s buoyant market continues to help ensure all Oregon real estate remains afloat. The reason? For one, the sheer […]
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, […]
New figures for real estate throughout our region confirm a sustained strong Oregon real estate market.
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 […]
So while greater Salem’s market improvement hasn’t been ‘flashy,’ it is chugging along. This translates into a lower inventory of homes, generally higher prices and shorter market times.
Oregon homebuyers avoid traditional lenders for many reasons and one mechanism they frequently turn to is known as seller financing.
1.9…1.8…1.7… Curious about those numbers? The ‘What’Those are greater Portland’s dwindling home supply figures over the past three months. Our area would now ‘run out of homes’ in a miniscule 1.7 months. Homesellers may describe this phenomenon as the ‘countdown to ecstasy.’ That’s because a shortage of homes boosts demand for what they’re selling. As […]
Fresh figures on our real estate market were recently released by the Regional Multiple Listing Service, RMLS. Thanks in part to our continued low inventory of homes for sale, our housing market remains strong, with price increases the rule, not the exception. At our current rate of home sales, our market would now run out […]
In this world nothing can be said to be certain, except death and taxes – Benjamin Franklin Benjamin Franklin sure seems correct about the two items noted in his well-known quote above. However, something else in this world is just about as certain and it involves a ‘secret weapon’ for homeselling success. But while this sure-fire ‘secret […]