Tag Archives: #www.rachelshelelr.com

Home-buying affordability rule

The 36 percent rule is a guideline for consumers to help determine how much money they can comfortably spend on monthly debt payments, according to NerdWallet.com. The rule is based on dividing monthly mortgage payments (principal, interest, taxes, and insurance) and other monthly debt (vehicles, credit cards and student loans) by gross monthly income.

For example, an annual household income of $89,000 divided by 12 months equals a gross monthly income of $7,417. The 36 percent rule means the maximum monthly spending on all household debt should be about $2,670.

While lenders use the 36 percent rule in evaluating mortgage applications, they also consider other factors such as the amount of cash available for the down payment and closing costs, the borrowers’ credit scores and the amount of unsecured debt.

When buying a home, rely on an experienced real estate professional who will ensure that you are making the best purchase for your current need and household budget.home-167734__340

To get started on your journey to home ownership please call, email, or text anytime.

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, 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 ALL available properties 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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WELCOME HOME! Open, bright & open floor plan your gonna LOVE!

Asking $339,999~ 15933 SE Mill Street Portland, OR 97233~ RMLS#18312822

WELCOME HOME! This home is a beauty! Light, bright and move in ready. Tastefully & fully remodeled about 6 years ago. The open floor plan, enormous kitchen,  spacious master w/walk in closet & bath, plus the jumbo family room are sure to please. Three full bedrooms, 3 full bathrooms, with a Family room so huge there is a possibility to make a 4th bedroom in it. Spacious over-sized 2 car garage, central air,  low maintenance vinyl siding, newer windows (about 2011), two cozy fireplaces, fenced back yard, fire-pit area ready for your enjoyment plus so very much more. Just too many amenities to list-see more info on this home on my website.

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!

 

 

To the suburbs and beyond …

portlandoregonmap-rev

While some people prefer to avoid the hustle and bustle of urban living, sometimes suburbs are not rural enough for their lifestyles. They want to live in the “exurbs,” which are farther outside the city than the suburbs.

Some home buyers are seeking several acres of usable land for extensive gardening with room for chickens, goats or horses. The exurbs are often preferred by people who work from home or want a second home or vacation property.

The larger lots in the exurbs allow for more privacy and less crime. However, few exurbs provide sidewalks or jogging trails. And there’s not a Starbucks on every corner. For more information on options for a Suburban move call, email, or test me to start the conversation.

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!

Last months real estate highlights

August Residential Highlights

The Portland metro area saw more mixed activity in August, but new listings were up compared with August 2017.

At 4,214 new listings outpaced August 2017 (4,048) by 4.1%, despite cooling 2.3% from the 4,312 new listings offered last month in July 2018.

Closed sales (2,967) increased 8.4% from last month in July 2018 (2,736) but ended 2.2% under the 3,034 closings recorded last year in August 2017.

Pending sales, at 2,760, were 10.2% cooler than August 2017 (3,072) and 10.1% cooler than July 2018 (3,071).

Inventory decreased slightly to 2.3 months in August. Total market time increased to 40 days in the same period.

There were 6,929 active residential listings on the market in the Portland metro region this August.

Average and Median Sale Prices

Comparing 2018 to 2017 through August of each year, the average sale price rose 5.9% from $429,000 to $454,500. In the same comparison, the median sale price rose 5.6% from $379,900 to $401,000.

Year to Date Summary

Activity so far in 2018 is mixed compared to 2017. New listings (30,721) are up 2.9%. Closed sales (20,572) are down 2.0% and pending sales (21,836) are down 2.1%

for your information. If you’d like to talk more about the current real estate market please call, email, or text anytime.

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, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.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!

PRESTIGIOUS LACAMAS SHORES HOME FOR SALE, CAMAS, WA

Entertainers Delight! Immerse your lifestyle in this exquisite masterpiece located in the prestigious Lacamas shores. Luxury living for a fraction of the price. The custom stamped concrete ushers you to  this unique and rare stately, custom home.  Situated on a cul-de-sac with exquisite  Lake, territorial views and a picture perfect views of Mt. Hood from about every back window and deck location. This one owner home has been kept in excellent, pristine condition and includes many upgraded features. The stunning, light filled gourmet kitchen is sure to delight featuring built in stainless appliances, cooking island, custom tile floors,  pantry, eating bar, and breathtaking views out every window. The French doors in the expansive great room lead out to an over-sized deck with a built in hot tub, and covered deck area. This is truly an entertainer’s delight for year round enjoyment! Master retreat encompasses the entire second floor showcasing a cozy fireplace, expansive bathroom  with Jet tub, shower, double sinks, two spacious closest (one is enormous walk in), skylights, plus 11 X 5 bonus room with skylights!  Soothing air conditioning make the warm summer comfortable, and the three cozy fireplaces are waiting to take the chill off on the winter months-all while enjoying the truly magnificent panoramic views. Jumbo unfinished area used as storage, or anything you choose. The low annual HOA dues cover the Lacamas shores private doc, park, and common areas. AMAZING! Move in ready, sparkling clean and so much more.  For more information and virtual tours please see my website, call, email, or text anytime.

IT’S A GOOD LIFE!!

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

Direct 503.380.9634

Email-    homesforyou@frontier.com

View this and ALL available close in WA and OR properties 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!

 

 

 

GORGEOUS HILLSBORO TOWNHOME $314,999

GORGEOUS Hillsboro Townhome for sale! 3443 SE Brookwood Ave. Hilsboro, OR 97123

Asking #314,999, RMLS # 18034893

Your in for a treat! Really nice 4 bedroom, 2 1/2 bathroom, 2 car garage.  This home features high ceiling on each floor, open & bright floor plan, central air conditioning, big kitchen with island, pantry, tile counters, and all kitchen appliances included (replacement fridge in garage for you). Good sized dining are with slider to nice deck- ready for your summer BBQ’s!  The master suite is spacious and has high ceilings, a large walk in closet and sparkling clean bathroom. The comfortable & open living room has a cozy fireplace and darling balcony.

Take a look at this beauty! It’s in brand new condition and ready for YOU to call it  home! For more information or to see more photos or virtual tour please go to my website.

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-    homesforyou@frontier.com

View ALL available Houses on the market on my website

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon and Washington