Tag Archives: time to sell?

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***

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Did you notice all the traffic lately? People are moving to Oregon…

2016-migration-patterns

According to Atlas Van lines, the moving company, people are moving into Oregon in droves! We all know we live in one of the most beautiful States in the Country! We feature Deserts, Mountains, Oceans, Beaches, Gorgeous scenery, bike and dog friendly cities and all that is “unique,”  but now the rest of the Country knows it too and Oregon is one of the very top spots to migrate to. #2 in the Nation!   See the above map Atlas Van Lines has created.

inbound Rankings:

  • Idaho (63 percent)
  • Oregon (62 percent)
  • North Carolina (61 percent)
  • Tennessee (60 percent)
  • Alaska (59 percent)
  • Washington (58 percent)
  • Michigan (57.2 percent)
  • Washington D.C. (57.1 percent)
  • Florida (56 percent)
  • New Hampshire (55.1 percent)

Just an interesting Real Estate fact I thought I’d share. If you have been thinking about making that move, buying another property or know someone who needs a really good realtor please don’t hesitate to call. I can help you make a smart investment just right for you and help solidify your financial future today! I appreciate the opportunity to be of service.!

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***

 

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$159,000 AFFORDABLE 2 BEDROOM CONDO IN REALLY NICE COMPLEX 4768 W Powell Blvd #322

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WELCOME HOME! This Condo is affordable, clean, and comes with a whole host of amenities: 2 spacious bedrooms Master suite with attached bathroom 2 total bathroom Detached 1 car garage (G12) Carport close to entrance of condo (P49) 1079 total SF … Continue reading

PORTLAND/METRO MOST CURRENT REAL ESTATE STATS & NUMBERS

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October Residential Highlights

October brought some cooling to real estate activity in the Portland metro area, but pending sales were still on the rise this was the strongest October for pending sales in the area since October 2005. Inventory in the Portland metro area decreased slightly in October to 1.8 months. Remember 6 months is considered a balanced market. Anything under 6 months is considered a sellers’ market and above 6 months is considered a buyers’ market. We are in a STRONG sellers’ market right now. We have actually been in a sellers’ market for well over 3 years.

Total market time in holding steady at 46 days (Time it takes to get an accepted offer on your home).

Sale Prices and the Future of Real Estate

Prices continue to rise. The median sale price rose a whopping 7.0% for all areas (All neighborhoods are different-for your call, email or text me).

The interest rates are still very low making it affordable to purchase even though the prices are rising. The economic forecasts I have heard say we are in in for another year of increased prices!

This is very good news people! If you are waiting to make a more or wished you would of done it before the crash NOW is the time! Call, email, or text me for information on selling or buying residential property. You’ll be glad you did!

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,

Diversity Specialist, HOWNW-Oregon First, Realtors

Direct 503.380.9634 Email-    homesforyou@frontier.com

View ALL available Houses on the market @ my Web Site-

WONDERFUL WOODBURN HOME FOR SALE!

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Welcome home to your wonderful Woodburn home! Nestled in a charming side street this home has many fabulous amenities! Wood floors under carpet (bedrooms and living room), lots of windows, 912 SF of living space, BIG, BRIGHT kitchen with appliances included (FS-Range, FS Fridge AND clothes washer & dryer too!!). Spacious 11 X 7 utility room, detached 1 car garage, room for RV parking in driveway…..just needs a little TLC to make this darling home shine!! see more photos & information at my website. RMLS#15170094

OPPORTUNITY KNOCKS!! Build your own sweat equity! NEW LISTING!!

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Bring your tool belt! This beauty just needs some TLC to shine. This is an amazing opportunity for you! This fabulous home features an enormous 3 car garage that has 220, an office and storage area-VERY RARE. This home also features covered RV parking, calming deck overlooking the spacious private back yard, extra large kitchen with lots of light. Open floor plan throughout and hardwood floor.
This beauty is in a perfect location off the main thorough fair but with easy access to public transportation. You are also located at the foot of Powell Butte-Walking trails just down the road. RMLS# 15430922
SEE ME on my website!!

BASIC LAW OF ECONOMICS IN REAL ESTATE.

supply and demand

It’s a basic law of economics: Demand goes up. Supply goes down. Prices rise.
Nationally, that’s happening right now. With normal population increases and an improving economy, demand is growing, and supply is tight in many areas.

Additionally, despite analysts’ predictions, interest rates have held at relatively low levels. Low rates keep home payments more affordable.

What might this mean for you?

• If you’re in the process of buying or selling, you’re probably in a good spot. Many sellers are seeing higher bids, and many buyers can afford to make them because of currently low rates.
• If you’re planning to stay in the home you now own, it’s likely your home value is growing. More equity and the possibility of refinancing at today’s rates create a comforting combination that’s tough to beat.

If you are looking to buy or sell real estate give me a call. I’m here to help.

Thank you Randy Drizwicki for this great article
All Western Mortgage