Tag Archives: oregon city

PORTLAND METRO WEEKLY MARKET ACTIVITY!!

I hope this finds you healthy staying positive and not too stir crazy in the midst of this crisis. Many of you have reached out to me to talk about how the Covid-19 pandemic is affecting the real estate market so I thought I would start sharing local market data, as well as my professional experience in the day to day real estate world with you.

Overall, the number of listings coming on the market was increasing up until about mid-March, since then new listings have slowed a bit. Real estate is still considered an “essential” business and we are still showing homes under a strict code of conduct to ensure safety and health for all parties involved. Title companies are doing remote signings and one on one appointments with social distancing guidelines in place for signings requiring notaries.

There are still buyers and sellers actively pursuing real estate. In fact, 347 homes went pending last week (3/30/20-4/6/2020) in the Portland-Metro areas:

N, NE, SE Portland-98 last week

Gresham, Troutdale, Corbett and Sandy-29 last wee

Milwaukie, Gladstone, HV, Clackamas, Damascus, and Estacada-28 last week

Oregon City, Beavercreek, Canby, Molalla, and Mulino-28 last week

LO and West Linn-12 last week

All remaining areas-151 sale pending’s last week.

As a full time real estate broker of 24 years, I have been through many market changes and have weathered many Real Estate storms, including the boom of the early 2000’s, 9-11, the great economic recession of 2008, as well as the hot & fast appreciating market of the last 5-6 years. I have the experience, extensive skills, “know how” and expansive resources to help you through this changing time.  I have no crystal ball, but what I do know is these changes are temporary and can shift a market in a way that can create a lot of opportunity.

Let’s stay in touch through this and I’ll keep you posted with what’s happening!

Always feel free to call, text or email me!

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

How to spot the next hot neighborhood

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Location, location, location
Location is one of the most important elements – if not the most important element – to consider in a home search. While it’s easy to find markets that are already buzzing, how can you spot up-and-coming neighborhoods?

Uptick in businesses
Take note when chic hotels, stylish boutiques and trendy restaurants begin to emerge in the surrounding areas. If a neighborhood is creating a higher demand for new venues, then its property values are likely to soar.

Fixer-upper potential
Neighborhoods that may be considered past their prime but offer unique architecture and structural integrity are prime real estate opportunities. Victorian, Tudor and Spanish-style older homes are popular, especially among millennials and first-time home buyers who are willing to invest in a home that requires a little extra love, attention and elbow grease.

Fast-selling properties
As homes begin to spend less and less time on the market, it’s a good sign that the neighborhood is increasing in popularity. Sometimes, it only takes a few buyers taking an interest in a neighborhood before other buyers take note and begin to see its potential for future growth.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

7 Ways to celebrate St. Patrick’s Day

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While many people think of St. Patrick’s Day as the holiday of green beer, here are seven family-friendly ways to celebrate Ireland’s patron saint.

1.     Enjoy a local parade. Get the family together to watch marching bands, bagpipes and Irish step dancers in your area.

2.     Turn your food green. Dye your pancakes green, make cupcakes with green frosting or enjoy a mint milkshake as a festive treat.

3.     Eat traditional Irish food. Corned beef and cabbage or Reuben sandwiches are popular restaurant specials, or try making shepherd’s pie or Irish boxty at home.

4.     Enjoy an Irish beverage. Ireland has more to offer than Guinness and Jameson. Warm up with a cup of Barry’s or Lyons tea and top it off with a splash of milk.

5.     Listen to Irish music. Traditional Celtic music is standard fare. Flogging Molly and Dropkick Murphys are two Irish-American punk bands if you want a change of pace.

6.     Find a green landmark. Iconic sites around the world light up green for St. Patrick’s Day, making for a festive selfie backdrop.

7.     Watch the Chicago River turn green. Since 1962, the city has dyed the river by using an environmentally friendly powder that turns bright green when it hits the water. If you want to witness the transformation, be there on the Saturday before St. Patrick’s Day.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

Spring cleaning checklist

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As the weather begins to warm up, now’s the time to let your house breathe and do some spring cleaning. Set aside a day or a weekend to tackle your entire living space so you can freshen up your home without dragging out the process. Use this list to organize your cleaning room by room.

Kitchen:

·         Wipe down cabinets.

·         Clean windows.

·         Deep clean stovetop, oven and microwave.

·         Clean out fridge and pantry. Remove everything from the shelves and wipe down inside. As you return items, throw away any expired food, as well as spices that have been open longer than a year.

·         Remove everything from countertops and thoroughly scrub counters and backsplash.

·         Sweep and mop floors.

Living Room:

·         Clean out fireplace.

·         Dust ceiling fans, furniture and electronics.

·         Wash or vacuum window treatments.

·         Clean windows.

·         Freshen couches and chairs. Vacuum and use upholstery cleaner where needed. Rotate the placement of couch cushions.

·         Wipe down baseboards and crown molding.

·         Vacuum and steam clean carpets.

Bedroom:

·         Remove all bedding and sort into five piles: mattress pads, fitted sheets, flat sheets, blankets, and comforters. Wash in that order so you can make the beds as each load is completed.

·         Wash or vacuum window treatments.

·         Clean mirrors and windows.

·         Dust furniture with microfiber cloths.

·         Wipe down baseboards and crown molding.

·         Vacuum and steam clean carpets.

Bathroom:

·         Spray surfaces of tubs, showers and toilets with a heavy-duty cleaner, then allow to soak while you finish the next three items on the bathroom checklist. Return to rinse surfaces before completing the fifth item.

·         Clean mirrors, windows and sinks.

·         Wipe down walls.

·         Clean baseboards and vacuum or mop floors.

·         Wash towels and throw rugs.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

Updates in Interior Design

Image result for modern farmhouse

If your farmhouse decor is beginning to feel a bit dated, here are some ways to transform your interior design from rustic to modern.

The new “farmhouse industrial” style combines whitewashed woods, distressed finishes and modern metals, according to PotteryBarn.com. Comfortable, casual and inviting are the three words that best describe this updated look. In addition to wrought iron, galvanized metal and black accent pieces, including a pop of dark red accessories creates a cozy and family-friendly living space.

Houzz.com offers these tips for modernizing a farmhouse kitchen. Charcoal-colored grout adds dimension to white subway tiles. Quartz countertops that resemble the designs in Italian Calacatta marble give a fresh and light appearance. Try adding a matte black faucet or antique bronze pendant lights to draw attention to the industrial look.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

A Look Inside the Crystal Ball

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Here are three predictions about the housing market, according to the Home Price Expectations Survey compiled by the research firm Pulsenomics.

·         “Our most optimistic group of experts expects 31.2% cumulative home value appreciation through 2024, while our most pessimistic group expects a cumulative gain of just 7.8% over the same period,” reports Pulsenomics. The discrepancy among real estate experts is likely because this past decade has been unusual and therefore not a good predictor of what the future may hold. Is this lengthy seller’s market the new normal, or will the housing market eventually return to its historic patterns?

·         Members of Generation Z (today’s young adults under the age of 24) are expected to exceed the homeownership rate of millennials when they reach ages 35 to 44.

·         A significant number of those polled in the survey say younger millennials along with the Gen Z demographic may have an easier time qualifying for their first home purchase because housing values are predicted to even out, causing the required income-to-mortgage ratio to decline.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

Common Mistakes Buyers Make

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Here are two mistakes buyers often make when shopping for a home, according to Realtor.com®.

Not sticking to a budget
Once you’ve set a housing budget, try to avoid getting emotionally attached to a home that’s way out of your price range. Borrowing more than you can comfortably afford can lead to long-term financial problems. One rule of thumb says that your total monthly mortgage plus other debts (car payments, student loans, credit cards, etc.) should not exceed 43% of your pretax earnings.

Not comparing lenders
You can save money both in the short-term (closing costs) and long-term (interest rates) by shopping around before committing to a mortgage. You may want to begin with your own bank, but check with other banks, mortgage brokers or online lenders as well.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!