Tag Archives: real estate blog

Positive trends for first-time home buyers

first time homebuyers

First-time buyers have had limited opportunities to purchase affordable housing over the past few years, but the inventory of resale properties has slowly been rising in recent months on a year-over-year basis, reports the National Association of Realtors® (NAR). Continued growth in the job market along with rising salaries will also help first-time buyers qualify for affordable home mortgages.

“Rising interest rates coupled with increasing home prices are keeping first-time buyers out of the market, but consistent job gains could allow more Americans to enter the market with a steady and measurable rise in inventory,” says NAR’s chief economist.

The median age of first-time buyers was 32 years old for the third straight year. Not surprisingly, the majority of these buyers were married couples (54 percent), followed by single females (18 percent). The median income was $75,000 and the median purchase price of the home was $203,700.

For the steps to purchasing or more information on buying your first home please call, email, or text me.

Five Star award Winner 2011-2019 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, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email- rachel@rachelsheller.com

View an accurate list of 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!

 

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How to re-energize after the holidays

Image result for re-energize

How to re-energize after the holidays

When the rush of the holidays comes to an end, fatigue can settle in as you try to adjust to your normal routine again. Here are a few small steps you can take to regain your energy and avoid feeling overwhelmed.

Organize your desk.
It may seem like a small, menial task, but starting your week with a clean desk can do wonders for your productivity. Instead of feeling underwater in a sea of paperwork, having a clear workspace can reduce stress and encourage creativity.

Plan something.
Schedule a vacation, plan a party, or start a new project at work or at home. Having an event or a new challenge to look forward to helps you stay motivated and avoid the post-holiday slump.

Take care of yourself.
The holidays can take their toll on your mind and body, and the added stress often goes unaddressed. Take some time to exercise or do yoga, meditate, take a bath, or go to bed earlier than usual to help yourself reset.

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!

12 Home improvement goals to make this year

Image result for goals in the new year

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!

Should you sell a home during the holidays?

Image result for christmas house

Traditionally, most sellers shy away from listing their homes in November or December. Some buyers, however, need to make a quick purchase before the end of the year due to a job transfer, estate settlement or other tax reasons. With very little competition in the marketplace, properties listed during the holiday season tend to sell more quickly and for a higher price.

If you’re worried about moving during the holidays, keep in mind that buyers often need to close by December 31, but they don’t necessarily need to take possession until January. That way both you and your buyers can enjoy one last holiday season in the old house before making the move.

Of course, the most pressing question is whether you should decorate your home for the holidays. Real estate professionals agree that homes show better with tasteful, festive decorations. Buyers can typically feel the warmth of the season and comfortably picture themselves living there. Be sensitive to different religions and use generic decorations that reflect a fall or winter theme.

Keep in mind the importance of curb appeal, and be sure there’s an attractive wreath on the front door to welcome buyers into their new home. Call me to learn more about selling during the Holidays and it’s benefits.

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-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

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

Yummy Fall recipe for you

Novemebr recipie 2018

Enjoy!

Whether you’re buying or selling, I’m always ready to get cooking. With my preparation and attention to detail, I’ll get you the results you need.

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-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

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

 

A low home appraisal can stall mortgage approval

What happens when a buyer and seller agree on a price, but then the lender’s appraisal comes back lower than the agreed-upon amount? Until the financing is approved, the deal can fall through. This is why you see the words “Contract Pending” on the agent’s yard sign.

Approximately 10 percent of real estate agents report on a monthly basis that a low home appraisal negatively impacted a sale, according to the National Association of Realtors®.

Here are some ways that sellers and buyers can protect themselves from a low appraisal.

Sellers

  • Before you list your property, pay to have an appraisal done. In a seller’s market where some buyers are making offers significantly above the listing price, sellers need to understand how critical the appraisal is to closing the deal.
  • Do your homework and use a qualified appraiser who has a membership designation such as SRA or MAI from the Appraisal Institute.
  • Be sure the appraiser is comparing your home to the latest data about homes just sold or under contract in your area. Also, highlight any improvements to your home or landscaping that may positively affect the selling price.

Buyers

  • Ask your lender to choose one name among 2 or 3 qualified appraisers that you recommend.
  • Meet with the appraiser when the inspection is being done, and ask questions about the process.
  • If you receive a low appraisal, follow up and ask questions. The appraiser or supervisor may have overlooked the newest information.

I anticipate this happening more in the future. For information on pricing your home, or buy strategically to do all possible to prevent appraisal woes, please call, email, or text me to talk more about it.

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-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

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

 

5 Tips to add attractive value to your home

add value to your home

Here are five home improvements that can enhance your own enjoyment, as well as increase your property’s value at resale time, according to HouseLogic.com.

  1. Crown molding. Upgrading to crown molding can make a room feel bigger, taller and more elegant. Wood moldings are available in a variety of styles that can be stained, painted or left natural. Some moldings feature indirect LED soft lighting.
  2. Ceiling fans. Replacing old, unattractive ceiling fans can enhance the entire look of a room. Choose a quality fan with the Energy Star label to get the best cooling results and least amount of noise. A “hugger” ceiling fan that’s flush-mounted is ideal for rooms with a low ceiling height.
  3. A mature tree can add between $1,000-$10,000 to the appraised value of a property. Trees growing along the street in front of a house can increase its resale value by an average of more than $8,500, according to numerous studies of appraisal reports.
  4. Deck or patio. If your property doesn’t have an outdoor living space such as a deck or patio, it’s a sound investment to make. Rebuilding a deck or expanding a patio can also offer a good return.
  5. Landscape lighting. A well-lit exterior can highlight the most attractive features of your property as well as help to deter would-be burglars. In addition, many homeowners insurance policies offer lower rates for motion-sensor lighting systems.

For more information on adding value to your home please call,e mail, or text me to talk more about it.

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-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

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