|
It goes without saying that deep down, every homeowner aspires to have the most beautiful property on the block! Your home is your little piece of the neighborhood, so of course you want it to turn some heads. Now is the perfect time to make your home stand out! Take advantage of the warm late-summer weather and spruce up your home’s exterior to make it shine. The information I’m sending this month offers simple ways to make your front yard pop. You’ll also get step-by-step instructions on how to create the most beautiful garden in town and what plants will thrive during the fall. All of these small changes will do wonders for your curb appeal and even improve your home’s value should you decide to sell this year or next. It may be August but there’s no need to curb your enthusiasm when it comes to boosting curb appeal! Beautifying your home will benefit you and your neighbors year-round. If you start to think about selling, give us a call — we're happy to walk you through the process in a way that’s safe and healthy!
0 Comments
We hope you all are healthy and managing well with the current restrictions. We have more good news regarding the real estate market as it continues to respond to the changing guidelines related to COVID-19. Check out our video below to see what's going on! These statistics are for the Portland, Oregon Metro Area excluding Yamhill and Columbia Counties & Mount Hood Area.
Closed Sales June 2019: 2,756 May 2020: 1,963 June 2020: 2,709 - Down 1.7% from June 2019, but up 38% from last month! Pending Sales 6/16 – 6/30/20: 1,506 6/16 – 6/30/19: 1,327 7/01 – 7/15/20: 1,624 7/01 – 7/15/19: 1,204 Period Total 2020: 3,130 vs Period Total 2019: 2,531 Shows an Increase of 23.7% in 2020 vs 2019 Jan – June 2019 Jan – June 2020 Average Sale Price $456,700 $468,500 Increase of 2.6% Median Sale Price $407,000 $423,000 Increase of 3.9% Sentrilock Lockbox Activity has been very strong. Normally about 25,000 per week this time of year, has been at roughly 23,000 per week the last few weeks which is considerably higher than the 10 – 11,000 at the beginning of the pandemic. The fundamental reasons for people to buy or sell hasn’t changed, and rates are still very low.
The market is very strong, which seem counter intuitive! If there is anything that we can do for you, please don’t hesitate to call! If we can ask a favor, if you know anyone thinking about buying or selling, but they’re not sure about the timing, give us a call. We’ll take great care of them, go through the process with them, and see what’s best for them. Until next time, thank you and stay well! When peer-to-peer payment (P2P) apps and mobile wallets make it so easy to spend cash in a flash, it’s good to have a roadmap you can follow to stay on top of your expenses. This information provides some strategies to help you account for cashless means of spending in your budget. Get tips on how to spend responsibly when it comes to P2P apps and other contactless methods of payment. Plus, check out a few great budgeting apps to keep you on track along the way. So whenever you tap your phone or card to pay, you’ll know exactly how that fits into your budget — even if it didn’t actually feel like spending!  Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of June 2020. Click on the image below to see the full seven page detailed report.
As we come through the impact of COVID-19, contactless forms of payment have become more common over the past several months and, going forward, will be important in everyday life. Contactless payment tech is easy to use and healthier than exchanging cash, making it an attractive option for consumers looking for safety and convenience at the grocery store, takeout counter or in some cases, the gas pump. As this technology continues to catch on in your community, and across the world, we wanted to send you a quick guide to how it all works. The information we are sending this month explains the various forms of contactless payment and where you can use it, plus some security tips for paying with your phone. You’ll learn more about popular peer-to-peer payment apps that allow you to pay someone back without handing off cash. Our society isn’t going totally cashless anytime soon, but contactless payment is proving to be a secure, cleaner option at the checkout counter. Hope this helps you out next time you’re on a grocery run!
We hope you all are safe and happy and are able to get back to a more normal life. We have good news regarding the real estate market as it continues to response to changing guidelines related to COVID-19. Check out our video and notes below so see what's going on! These statistics are for the Portland, Oregon Metro Area excluding Yamhill and Columbia Counties & Mount Hood Area.
PENDING SALES 5/15 – 5/31/19 5/15 – 5/31/20 1570 1592 Increase of 1.4% 6/01 – 6/15/19 6/01 – 6/15/20 1310 1684 Increase of 28.5% !! The Real Estate Market is certainly starting to pick up. You’re going to hear that Closed Sales are significantly down in the month of May, and that’s true (they are down 34% from May 2019). BUT that is because the homes closing in May are from those that went Pending in late March and April when the COVID restrictions went into place and caused many buyers and sellers to hold back on their plans. Days on the Market is down to 38 Days on average. Jan – May 2019 Jan – May 2020 Average Sale Price $452,700 $465,600 Increase of 2.8% Median Sale Price $402,400 $419,000 Increase of 4.1% Many times, we are dealing with multiple offers because of the low inventory of homes for sale. If you, or someone you know, are thinking about making a move, maybe you’ll be working from home more often and need office space, or you want the kids in a new school district, give us a call. We are happy to help and never too busy for your referrals! Did you know that sleep is a huge part of any self-care routine? It’s an easy thing to overlook, especially if stress has you tossing and turning or spending late nights on Netflix. To truly reset and refocus after a difficult time, you need to physically refresh with some quality shuteye. Below is some information to help you understand how sleep works and some tips on how to adjust your routine for better night’s rest. You’ll start feeling more refreshed and re-centered in no time!  Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of May 2020. Click on the image below to see the full seven page detailed report.
The events of the past few months have been unparalleled. Now more than ever, it is important to stay on your A-game and keep your spirits lifted. Be sure to spend some time taking care of yourself! As you continue to navigate your personal situation, we want to share some tips for focusing on your own well-being. The information we're sending this month includes ways to reset your goals and to reboot your routine so that you feel recharged and ready to support your family, friends and community. You’ll also learn a few helpful ways to practice self-care, so that your emotional wellness remains in great shape. While we can’t control what happens to us, we can control how we view those situations. We hope this information helps you and your family stay strong, hopeful and encouraged as you move through your daily lives. If we can help in anyway, please do not hesitate to call!
We are releasing updates a little more regularly due to the real estate market changing so quickly in response to changing guidelines related to COVID-19. Check out our video and notes below so see what's going on! All Portland Metro Area
April 15 – 30, 2020 May 1 – 14, 2020 May 1 – 14, 2019 New Listings 1487 1349 1457 Pending Sales 1111 1212 1281 Pending of Listings since May 1st 467 412 Sold 955 687 Sentrilock Activity (Showings) – Average this time of Year is 25,000 Bottom week was Week Ending 4/5/20 at 10,493 Week Ending 5/3/20 16,540 11.5% increase over the previous week 5/10/20 17,132 3.6% increase over the previous week 5/17/20 18,566 8.4% increase over the previous week The one thing I’ve learned in almost 32 years in real estate is that houses are sold every day, in both good and bad markets! The “Big Why” doesn’t change:
Now is a really good time to put your home on the market, particularly if you want to move before the new school year! Stay Well and Stay Healthy! |
Portland Metro NewsCome here to get updates on local real estate market information, community events, and helpful tips for homeownership in the Portland, OR region. Archives
August 2020
Categories
All
|
RSS Feed