Tag Archives: portland home for sale

A Balanced Market Is Predicted In 2019

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Economists who focus on the housing market are anticipating a more balanced market this year, reports RISMedia . Home prices are just starting to level off, and softening a bit in our area following the frenzied seller’s market of the past few years. Unfortunately, mortgage interest rates are beginning to climb, which will affect the housing affordability factor for many would-be buyers.

First-time buyers will continue to dominate the real estate market, accounting for an estimated 45 percent of all new mortgages in the coming year, says the National Association of Realtors®. Many millennial’s have savings for their down payment in the bank and are eager to purchase their first home, but the shortage of resale properties continues to limit their buying options.

Wherever the balanced market leads us, home buyers primarily want to know how much their monthly mortgage payment will be and if they can afford it. If you’re planning to buy a home this year, what matters most is focusing on your local market and your housing needs. Typically, the majority of home buyers decide to act because of the timing in their lives, not necessarily the timing in the marketplace. I’m encouraging all of my clients who are thinking about selling, buying, or both. The market in the Portland-Metro area is already starting to see some “softening” and change in prices and market time. Call, email, or text me for more information about your home and neighborhood and how to get started.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon.

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

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

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Buying a home is a good investment!

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Despite this, demand for homes reminds high. This is because people feel more secure in their financial situation due to a stronger economy and job market. While homes may be more expensive, potential home buyers are making more money as well. Take Fannie Mae’s most recent Home Purchase Sentiment Index as an example. The survey found a rising number of respondents who said it was a good time to buy a home, despite increasing numbers who also say they believe mortgage rates and prices will continue to rise.

Doug Duncan, Fannie Mae’s senior vice president and chief economist, says the economy explains it. “Downside risk to housing is limited by broader economic strength, which helped boost perceptions of current home buying conditions,” Duncan said. “For consumers who say now is a good time to buy, the share citing overall economic conditions as a reason rose to a survey high.”

 

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon.

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

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!

12 Home improvement goals to make this year

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12 Home improvement goals to make this year

Try to tackle one task each month to keep your home in great shape.

January: Change your HVAC filter.
Try to change your filter every 4-6 weeks to help your HVAC system run efficiently.

February: Wash the inside of your windows.
Use glass cleaner or distilled white vinegar on the glass. Dampen a microfiber cloth with warm water and dish soap to clean windowsills.

March: Change the batteries in your smoke detectors.
Do this at least once each year and test smoke detectors monthly.

April: Inspect your indoor plumbing.
Check for dripping faucets, leaks under sinks and water spots on the ceiling. Hire a plumber if you find any issues.

May: Paint a room.
Use canvas drop cloths to protect your floors and inexpensive paper or plastic ones to cover furniture.

June: Examine your home’s exterior.
Look for cracks in the driveway, holes in the siding, and tree branches or roots that are too close to your home. Call a professional for anything that needs attention.

July: Wash the outside of your house.
Power washers can damage your siding, so use a siding cleaning kit attached to a regular garden hose instead.

August: Treat for pests.
Hire an exterminator to treat for termites, spiders and other pests. Consider setting up a monthly or quarterly contract.

September: Clean the gutters.
Clear out leaves and debris. Have a professional inspect the gutters and downspouts for damage.

October: Inspect the chimney.
Hire a chimney sweep to clean and inspect your chimney, even if you don’t use the fireplace often.

November: Get organized.
Clean out kitchen cabinets and organize overflowing closets to prepare for the holidays.

December: Deep clean the floors.
Shampoo carpets and give wood floors a good cleaning. Check for exposed nails or boards that need to be repaired.

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

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!