You may have seen in the news on Friday that the National Association of Realtors has agreed to a settlement regarding a class action lawsuit brought by home sellers. As with all class action lawsuit settlements, it is subject to court approval, which is expected in the next couple of months. Check out our message below to hear what this means for our service to you. We want to be ABSOLUTELY CRYSTAL CLEAR that this in no way changes how we serve our clients. The McDowell Team will continue to provide the exceptional service, knowledge, experience, and advice you’ve come to expect from us and that you deserve. If you have any questions, please feel free to reach out to either Rick or Jimmy and we'll do our best to answer those questions for you.
0 Comments
This month, we're providing insights into the typical expenses associated with five common home renovation projects. While these figures offer a general idea, keep in mind that the actual costs can fluctuate based on factors such as the project's scope and your location.
If you're looking to have a project done and need some help, check out our Business Directory for valuable resources. Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of February 2024. Click HERE to see the full detailed report.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
Now that the winter is here and we’re all inside more of the time than usual, you may be feeling that your home is a bit cramped. If so, you’re not alone. One in four people say they’ve outgrown their home.
This month we're sharing some information on why and how people decide to renovate their homes. It could be an easy fix, like reconfiguring existing rooms or a much bigger project, such as building an accessory dwelling unit (ADU) or adding a second story. We’ve also included typical costs for these projects as well as the ROI. (Of course, costs will vary based on scope of project and location.) We hope you find this information useful, and if you need a professional to help you with any home renovations, feel free to reach out and we’ll connect you to one in my trusted network. In fact, we have listed our two preferred general contractors below. If you need additional referrals, please check out our Business Directory, or reach out to us directly! Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of January 2024. Click HERE to see the full detailed report.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
This month we're sharing how significant milestones in people’s lives, as well as declining mortgage rates, help to create a pent-up housing demand. We're also sharing some of the benefits of living near loved ones.
Every year millions of Americans make the decision to move. The number one reason? The yearning to be closer to family. This desire is often driven by life's significant milestones such as growing families, weddings, new jobs and retirements.
If living closer to family isn’t possible right now, there are ways that you can strengthen those bonds. This month we are sharing some of those ideas as well as an interesting stat to ponder — living near loved ones may help you live 50% longer. If this flyer gets you thinking that maybe it is the right time to consider a move, please feel free to reach out to us and we can chat about possible options. We're always here to answer any questions you or your family may have related to real estate. Interest rates have always fluctuated, but on average have hovered in the 5-10% range for the past three decades. And industry experts believe rates will potentially fall to the low 6 percent range by the end of 2024. I hope this helps bring some perspective if you’re contemplating buying or selling your home. Oh, by the way®... if you know of someone who would appreciate the level of service we provide, please call us with their name and contact information.
With the new year under way, this is a great time for a quick update on our local real estate market. A lot of people talk about what is going on in real estate on the national stage, but it really is best to know and understand what is happening in your own backyard. Check out Rick’s video update below to hear how things are going in the Portland Metro area. If there is anything that we can do, please don’t hesitate to give us a call. We’re never too busy to help you or your friends and family! And thank you for trusting The McDowell Team as your preferred real estate team!
Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of December 2023. Click HERE to see the full detailed report.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
|
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. Categories
All
Archives
March 2024
|