MOST CURRENT REAL ESTATE STATS AND WHAT THEY MEAN!

The Real Estate Market Right now-The Portland metro area real estate market had an influx of listing on the market with a whopping 3,604 new listings that hit the market last month. Even with that surge of listings, we are sitting at a low 1.3 months of inventory on the market right now. Currently, it is a sellers market, with prices on the rise. Normally, you would think the scales would be tipped strong towards the sellers, and they are , except the interest rates are still very low, which helps to balance out the disparity. THAT, makes this the best time in history to jump in the real estate market! Prices are rising, but the low interest rates counteract the rise to some extent.

Total Market Time- The time it takes on average, to sell a home is sitting right at 58 days. Some areas its less time, and others its more. It also depends on how you price your home. You can still overprice your home in a sellers market and it will sit on the market. You don’t want that!

Average and Median Sale Prices- Comparing the average price of homes sold in the twelve months ending March 31st of this year ($404,300) with the average price of homes in the twelve months ending March 2016 ($361,100) shows an increase of 12.0%. In the same comparison, the median has increased 12.2% from $315,000 to $353,500. THIS IS A WHOPPER!! Where else can you make those returns? Real Estate once again proves to be one of the very best investments you can make.

For more information on buying and selling in todays market, please call, email, or text me. I welcome and appreciate the opportunity to help you succeed in the real estate market! I hope to hear from you.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

Direct 503.380.9634, Email-  homesforyou@frontier.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

Lets get cooking!

Whether you’re buying or selling, I’m always ready to get cooking.

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

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

Direct 503.380.9634, Email- homesforyou@frontier.com

View ALL available homes at my website!

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

SNEAK PEEK! NEW ONMARKET2/22/17 $299,999 HOME 3(possible 4 bedrooms)

New on the marker 2-22-17! More photos to follow. RMLS#17285799

A wonderful 1 level home situated in one of Gresham’s finest neighborhoods featuring 3 bedrooms, 2 full bathrooms, den/office/possible 4th bedroom, 2 car garage, bright kitchen with enormous pantry, gas appliance, living room, dining room, BIG family room with solar tube, ceiling fan and leads to fabulous covered patio. Fully fenced and private. Tool shed plus an AWESOME play house for kids (or you could make it a chicken coop too!). More great features include soothing central air  conditioning, wood fireplace (such cozy,  bone warming heat), garden boxes in “ZEN” front yard and move in ready to boot!

Call for more information! It’s on the open market in two days and its sure to sell fast!

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors, Direct 503.380.9634, Email-  homesforyou@frontier.com

View ALL available Houses on the market on my website.

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

 

 

LATEST MARKET REPORT NUMBERS & STATS 11-11-2016!

October brought seasonal and expected cooling to the Portland-Metro real estate market. We are still currently in the midst of  a solid Seller’s market. The real estate market is still very robust and active despite the slowing of the market. We are currently sitting at 2 months of inventory on the market. That means it would take 2 months to sell all of the real estate on the market. This is expected to rise a bit in the coming months.

The average and median sales prices continue to rise in the Portland-Metro area. comparing 2016 to 2016 through October 2016, the average sales price rose 11.5% from $353,400 to $393,900. In the same comparison the median sales price rose a whopping 13.1%, from $305,000 to $345,000. These are big numbers people!

The average market time has increased by a modest 6 days. Making the average market time 41 days. The interest rates are still  very low and that counter acts the rising prices, making purchasing a home affordable and smart investment. In most cases the mortgage payment is less than rent would be.

If you have been sitting on the fence about selling, this is a good time to make that move! 2017 is estimated to be another good year in real estate , but just not as high appreciation. Slow, steady growth is what to expect. If you would like to talk about all of your options for selling your home, buying a new one or purchasing an investment property please don’t hesitate to call, email, or text.

 

Five Star award recipient 2011, 2012, 2013, 2014, 2015, 2016 & 2017 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors- Direct 503.380.9634

Licensed in Oregon

Email-    homesforyou@frontier.com

View ALL available Houses on the market @ my website

 

NEW GRESHAM LISTING! $379,999 RMLS# 16091675

Welcome Home! Are you looking for affordable luxury in a highly sought after school district? Look no further! This home has it all! 4 spacious bedrooms, 3 full bathrooms, fenced RV parking, 3 car over sized garage (one with a heated hair salon station in it!) and wonderful territorial and Mt. Hood views.  Open concept floor plan, central vacuum, intercom system, central air conditioning, surround sound,  TWO cozy fireplaces, French doors, hardwood floors, tile floors and counters, laundry room plumed for gas dryer,  all rooms wired for Cat 5 internet service and wonderful ‘Jack & Jill’ bathroom for the upper 2nd & 3rd bedrooms.

Large master suite  has panoramic territorial & “peek a boo” seasonal views of Mt. Hood, vaulted ceilings, BIG walk in closet, double sinks, Jacuzzi tub, and skylights. Bright & sunny kitchen features gas cook top, SS appliances, tile counters & floors, eating bar, pantry and views.

ENORMOUS, gated 50 X 12 RV parking, garage and tool shed wired for 220,  36 X 10 freshly stained deck is plumed for gas hook up and has retractable “sun setter” awning, cement pad in backyard wired for 220 (ready for your hot tub), soothing water feature, dog run area all in your fenced back yard. Prepare to fall in love!!

RMLS#16091675~ Offered at $379,999~4744 SE 1st terrace Gresham, OR 97080

 Five Star award recipient 2011, 2012, 2013, 2014, 2015 & 2016 honoring the top 7% of real estate professionals in Oregon.  

IT’S A GOOD LIFE!! 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES

MASTERS CIRCLE, Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors, Direct 503.380.9634, Email-    homesforyou@frontier.com

View this and ALL available Houses on the market on my website.  

Licensed in the State of Oregon 

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

    My business is primarily based around referrals
from my clients.  If you or someone you know is
thinking about buying or selling real estate,
please feel free to pass along my information
or just let me know!

 

What’s going on in the world of real estate?

The annual “cool down” after the hot summer selling season has started. There is typically a “cool down” right after an election also. If you’ve been waiting for the right time to make that move or sell the house-The time is now! Interest rates are still super low and we are still seeing record numbers in appreciation. Call, email, or text me today for information tailored to you and your unique situation. I can help!

Five Star award recipient 2011, 2012, 2013, 2014, 2015 & 2016 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors, Direct 503.380.9634

Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website

Licensed in Oregon

VINTAGE 3034 SF DAMASCUS HOME ON 1.27 GORGEOUS ACRES, ONLY $420,000

This gallery contains 7 photos.

This gorgeous, 3034 SF solid-built Daylight ranch home sits pretty on 1.27 acre lot right on the border of Happy Valley. This wonderfully vintage house has most of its original charm and character. Owned by one family since built. The shagadelic home … Continue reading →

GOOD NEWS FOR SELLERS!!

Home Sellers Making Gains

Good news, homeowners! After nearly a decade of depressed home values and underwater equity, your fortunes continue their long-awaited turnaround. This spring, RealtyTrac’s U.S. Home Sales report showed that home sellers sold their houses for, on average, $30,500 more than their original purchase price. That amounts to a 17 percent average gain in price, the highest average gain since December 2007 and the onset of the recession.

“Home sellers in many markets are now seeing average price gains close to or above what home sellers experienced during the last housing boom,” said RealtyTrac’s Daren Blomquist. “That should encourage more homeowners to take advantage of the prime seller’s market and list their homes for sale this year.”

Among the 125 metropolitan statistical areas analyzed, the top 10 cities where sellers realized the biggest average gains (and the percentage of increase) were:

1. San Francisco (72%)
2. San Jose, CA (60%)
3. Boulder, CO (53%)
4. Prescott, AZ (51%)
5. Los Angeles (48%)
6. Denver (42%)
7. Portland (40%)
8. Austin, TX (40%)
9. Seattle (38%)
10. Baltimore (38%)

CLIENT TESTIMONIAL- THANK YOU SCOTT & MEG!

Thank you Scott & Meg for this absolutely wonderful testimonial. You are such wonderful people. I’m honored to be your realtor…..For life!

“As first time buyers, our experience with Rachel was amazing. She really took care of us from beginning to end, and her attentiveness and thoroughness helped us feel secure throughout the process. She’s a rockstar advocate to have on your side of the table. Her tenaciousness secured our house for us over five competing offers and her career’s worth of connections and willingness to make all the arrangements helped the inspection process move quickly and smoothly. We are so glad that we were referred to Rachel, and will be forever thankful for everything she did to help us get into our first home. –Megan & Scott Cutler”

 

NEW LISTING IN NW PORTLAND ON .35 ACRE LOT

AMAZING LOCATION! You are in for a treat! One owner home for almost 50 years! Kept in immaculate condition! This beautiful home sits on .35 acre lot with 4 bedrooms. 2 1/2 bathrooms, oversized 2 car garage,  mature landscaping, stunning water feature, calming walking paths and patio area perfect for a fire pit, garden area (or grass it if you like), open floor plan with absolutely ENORMOUS master with sitting area, walk in closet, jetted tub, walk in shower, double sinks& skylights. Just a few of the features of this fabulous home are: central vacuuming system, soothing central air conditioning, sprinkler system, fenced yard, large tool shed, 12 X 8 shop area, skylights, built in surround system and entertainment center (perfect for movie night!), and 35 X 12 covered and gated RV parking. Bonny Slope, Cedar Park and Sunset Schools. RMLS# 16190113, asking $479,000 For more information go to my website

Five Star award recipient 2011, 2012, 2013, 2014, 2015 & 2016 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market @ my Web Site