Clients and Friends, It has been a very good year in Real Estate. I have missed several months of communications because I could not even squeeze out the time to reflect on the marketplace. The 4th quarter is our quarter when we can slow down some, evaluate the past year, make new plans for the […]
Read More →What Happens in a Transaction?
These milestones are built-in contingencies that must be satisfied for the sale to be completed. They mostly protect the buyer from losing the earnest money if the buyer terminates the sale for legitimate reasons. 1. Review of the Sellers Disclosures By law, sellers must disclose what they know about the property. Oregon is not a […]
Read More →Market Action Report – February 2018
Clients and Friends, We have a strong and healthy real estate market functioning on all cylinders this year. We are off to a very good start and expect a good year of plenty. Sellers have the advantage but buyers in our area have more and better choices than closer into Portland proper. The challenging issue, […]
Read More →Market Action Reports – January 2018
Clients, Colleagues, and Friends, 2018 is off to a very good start! The weather has been accommodating to real estate (unlike last year); the economy seems to be hitting on all cylinders (consumer confidence is high; unemployment is historically low), and the real estate numbers for the Portland metroplex are impressive. Pending sales (accepted offers) in the […]
Read More →Market Action Reports – December 2017 & Year-end Summary
Clients and Friends, The final farewell to 2017 is in (see the Market Action Reports below). Not surprising, the numbers prove what boots-on-the-ground concluded throughout the year. The real estate market softened significantly last year; I call it a leveling out from the rocket trajectory we launched in Portland in 2012. For a reality […]
Read More →Top Responsibility of Your Listing Broker
Your expectation of a listing agent is to get your property sold within your time constraints and for the most money possible in the current market. While we can’t manufacture buyers, what we can do is to increase the odds of grabbing more buyers’ eyes, achieving more showings, and hopefully receiving more and better offers. We […]
Read More →Market Action Reports – November 2017
Friends and Clients, 2017 is slipping into the history books and a New Year is upon us. Attached are the reports for November; the December close-out will be coming in about 2 weeks or so. Most would agree with me that the cold weather, and yet plentiful sun this year is much better all the […]
Read More →Market Action Reports – October 2017
Clients and Friends, The 3rd Quarter Affordability Index (last page of the Market Action report) shows that properties in the greater Portland metropolitan area are the least affordable they have been in the past 10 years. This is not surprising. Ten years ago, at this time in 2008 we were crashing for the second time. The […]
Read More →Market Action Reports – September 2017
Clients and Friends, We always expect our September numbers to be down (along with August). We always expect our October and 4th quarter numbers to go up. This Fall we seem to be following the normal pattern which we trust will be good for our end of year quarter. The September numbers are in and yes, […]
Read More →How to know when to reduce your asking price
While you’d like to get the best price for your home, consider our six reasons to reduce your home price. These six signs may be telling you it’s time to lower your price. 1. You’re drawing few lookers You get the most interest in your home right after you put it on the market because […]
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