Tag Archives: rachel’s Blog

What’s happening right now in our real estate market! Have you felt it?

MONTHS OF INVENTORY 8-16-17

Have you felt it? Real Estate is slowing down a bit. Its been almost a year since we have had 2 months of inventory on the market. This is not a bad thing. Actually, its a necessary market correction. We always have a cool down of the market in September after schools starts, but this year we started a little earlier, but on top of that we have correction on the heels of the annual change in the market. You’ve probably noticed many “price reduced” signs on properties for sale. We are still in a strong sellers market, but in order to get top price for your home staging and pre-listing preparations are the key(call me!~ I’m a “stager” at no additional cost to you-it’s part of my services). If you are purchasing a property this is the time you have been waiting for. There are more properties on the market to choose from.

Below are some current stats hot off the press!

  1. The Portland metro real estate activity  for pending sales, at 3,040, fell 7.9%  short of the 3,302 offers accepted last year in July 2016 and 6.6% short of the 3,254 offers accepted last month in June 2017.
  2. New listings (4,202) showed a 3.9% decrease compared to July 2016 (4,372) and a 11.3% decrease compared to June 2017 (4,739). Total market time decreased
    by five days in July, ending at 33 days. In the same period, inventory crawled up to 2.1 months.
  3. Average and Median Sale Prices Prices continue to rise in the Portland metro area. Comparing 2017 to 2016 through July, the average sale price rose 9.3% from
    $391,600 to $428,000. In the same comparison, the median sale price rose 11.2% from $340,000 to $378,000

On top of these great stats (yes, they are great numbers! We are one of the very strongest markets in the Nation, despite out slight cool down), the interest rates are still very low, making it affordable to get a loan and buy relatively inexpensively.

That’s the latest and greatest in our fabulous real estate market! If you want to jump in, CALL ME! I can help! Lets talk about all your options! You might be suprised at how many you have.

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, Licensed in the State of Oregon,

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

***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!

TESTIMONIAL FOR RACHEL SHELLER 7-2017

Thank you Brian & Helen for the glowing testimonial! I sincerely appreciate the kind words. I am truly grateful for the opportunity to work for such funny, traveled, open minded clients.

“I would like to thank Rachel Sheller for listing and selling our house in Pleasant Valley. They always say give your business to a busy person who gets things done in record time. The inspection report listed some items that needed attention before the sale went through. We needed help from several contractors and I live in Florida. No problem within days Rachel had rounded up the contractors and the work was done on time and the sale safely closed. I called Rachel the diplomat because she knew how to speak to the contractor and the purchaser’s agent in a way that kept everyone happy.

Thank you, Brian & Helen Stewart”

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***

SELLER SAYS SELL! REMODELED NE BUNGALOW $348,999

2017-06-06 13.36.07

8835 NE Wygant St. Portland, OR

LOCATION, LOCATION, LOCATION! You don’t want to miss this opportunity! This beautiful Bungalow style home is in one of the “hottest” areas in Portland! It is completely, and tastefully remodeled throughout the entire house. This gorgeous home has three spacious bedrooms, a big, sparkling clean bathroom, spacious living room with a cozy wood fireplace and a classic custom mantle, a generous dining room with wainscoting, charm and character throughout, thoughtfully remodeled kitchen with custom tile work, “shaker” style cabinets, all stainless steel kitchen appliances included with all the “bells & whistles!” Extra storage, enormous RV parking that could be used as RV parking, build a garage, or maybe build a ADU (check with the county for ADU regulations) ? Highly sought after .15 acres corner lot, and so much more! Move in ready for you! Welcome Home! RMLS#17245677 ASKING $348,999

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

See this home and ALL available homes at my website!

Licensed in the State of Oregon

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

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Some helpful data if you’re contemplating selling! It’s YOUR time!

graph

Are millennials slackers or geniuses?

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Millennials often get a bad rap for being unemployed, living with their parents, and putting off getting married or having kids, but, according to an article from Business Insider, there’s more to 18- to 30-year-olds than meets the eye!

  1. Millennials do most of their shopping in physical stores.  Sure, they are tech savvy and frequently shop online. But millennials haven’t completely abandoned stores and shopping malls. They like to touch and feel products before they buy them, and still appreciate the experience of shopping in a store. In fact, millennials still complete 54% of shopping in physical stores, according to the report.
  2. Millennials save more money than the national average. “Contrary to popular rhetoric regarding a highly challenged consumer who may be burdened with debt and living ‘paycheck to paycheck,’ our survey of millennials suggests the majority of the demographic (74% of total responses) saves money every month compared to 26% who do not,” the report says.
  3. Millennials are planning to buy homes. They are delaying home-buying and marriage and kids, but they are planning to get to those life milestones eventually. When asked what they are saving for, millennials said (1) a house, (2) a car, and (3) retirement.
  4. Millennials aren’t just relying on Uber and Lyft to get around. They are actually buying cars. Like with homeownership, many millennials have delayed purchasing cars. But car buying among this demographic is rapidly rising and will continue to grow, according to the report. About 64% of millennials plan to buy a car in the next two years, and most of those who don’t plan to buy a car already own one, according to the data. Only 5% of respondents said car-sharing services like Uber and Lyft serve as a replacement for owning a car.

 

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

See ALL available homes at my website!

Licensed in the State of Oregon

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

Think long term for your benefit!

retirement

5 Steps Toward Early Retirement

Retiring early is all about financial habits and willpower. If you are willing to make the necessary changes, early retirement can be achieved no matter where you are in your career now.

  1. Start today

There’s no better time to start than now. Simple as that.

  1. Pay off debt

It’s hard to start saving when you have thousands of dollars of debt looming overhead. Buckle down and make significant payments on debt to buy yourself the freedom to start investing in your retirement.

  1. Create a plan

Stick to a plan that you can contribute to monthly and track your progress. Decide how much you want to have saved up by the time you retire, then decide at what age you would like to retire. Now calculate how much you need to save each month in order to meet this goal. (You may need to consult a financial planner.)

  1. Spend wisely

Really think about your needs and limit spending on expensive items that only bring temporary satisfaction, such as a new car, boat or RV.

  1. Think long-term

Living on less will help you down the line, so learn to downsize. Every little bit helps. Bring your lunch to work, ride your bike more often or trade your expensive annual vacation for a stay-cation.

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

See ALL available homes at my website!

Licensed in the State of Oregon

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

Here is something tasty for you to try!

food

 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

See ALL available houses at my website!!

Licensed in the State of Oregon

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