June 12, 2020

June 2020 Portland Metro Real Estate Statics by RMLS™

The RMLS™ has released their latest monthly Metro Portland residential real estate statistical reports for June 2020.  You can view the reports here:

RMLS™ Market Action

Let’s continue without fear and as always trust in God’s steadfast and unwavering providence.

If you, or someone you know, need help to stay in their home during this crisis, please let us help. As always, please feel welcome to contact me directly, for any reason, at your convenience.

Your friends at Fairstone Properties,

~ Protecting Your Equity™ ~

©Victoria Kohein, P.C.

Posted in Market Updates
June 4, 2020

Is Now a Good Time to Buy or Sell Real Estate?

Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.1

Fortunately, as restrictions have eased, we’ve seen an uptick in market activity. And economists at Realtor.com expect a rebound in July, August, and September, as fears about the pandemic subside, and buyers return to the market with pent-up demand from a lost spring season.2

But given safety concerns and the current economic climate, is it prudent to jump back into the real estate market?

Before you decide, it’s important to consider where the housing market is headed, how it could impact your timeline and ability to buy a home, and your own individual needs and circumstances.

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May 16, 2020

May 2020 Housing Report

RMLS™ has released their latest monthly real estate report for the Metro Portland Area providing market statistics as of end of April 2020 and indicating that while new listings, pending sales, and closed sales have decreased in numbers, the average and median sale prices both increased.

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Posted in Market Updates
May 4, 2020

Visit Museums from your Home

Take a look at these museum tours: http://artsandculture.google.com/.  Please do let me know what you think.

If you or someone you know is thinking about buying and/or selling real estate, we're open and business as usual (with all the courtesies and protections required for your comfort and safety).

As always, please feel welcome to contact me directly, for any reason, at your convenience.

May 4, 2020

20 Ways to Save Money and Stretch Your Household Budget

These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add up to significant savings each month.

Here are 20 things you can start doing today to lower your bills, secure better deals, and begin working toward your financial goals.

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Posted in Finance
April 14, 2020

April 2020 Housing Report

Real estate is an essential service and although we do work a bit differently in this environment, Fairstone Properties remains reliably and dependably available for all your real estate needs.

The obvious question is whether this is a good time to buy and/or sell.  Buyers and sellers in this market are more serious than ever and likely have high confidence concerning their financial statuses.  There are people in every market who need to buy, sell, or both either now or in the near future.  Buying and selling real estate remains a legal activity and we do expect the market to recover, as it has each time we’ve suffered a trend downward in the past.

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Posted in Market Updates
April 12, 2020

Happy Easter

April 2, 2020

#StayHome: How to Create Functional Spaces in Your Home During the Coronavirus Outbreak

Since the outbreak of the novel coronavirus (COVID-19), many of us are spending a lot more time at home. We’re all being called upon to avoid public spaces and practice social distancing to help slow the spread of this infectious disease. While it can be understandably challenging, there are ways you can modify your home and your lifestyle to make the best of this difficult situation.

Here are a few tips for creating comfortable and functional spaces within your home for work, school, and fitness. We also share some of our favorite ways to stay connected as a community, because we’re all in this together … and no one should face these trying times alone.

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Posted in Market Updates
March 4, 2020

Top 5 Home Design Trends for a New Decade

Whether you’re planning a simple refresh or a full-scale renovation, it’s important to stay up-to-date on the latest trends in home design. Sellers who make tasteful updates can generate increased buyer interest and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor renovation costs into their overall budget.

Even if you have no immediate plans to buy or sell, we advise our clients to be thoughtful about the colors, materials, and finishes they select when planning a remodel, or even redecorating. Choosing over-personalized or unpopular options could hurt a home’s value when it does come time to list your property. And selecting out-of-style or overly-trendy elements could cause your home to feel dated quickly.

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Posted in Real Estate News
Feb. 12, 2020

February 2020 Housing Report

RMLS™ "The Source for Real Estate Statistics," has released their latest monthly real estate report for the Metro Portland Area providing market statistics as of end of February 2020.

Their reports confirms that while inventory remains low, average market time has increased to 74 days. However, interest rates remain at an all-time low and real estate continues to be among the best long-term investments.

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Posted in Market Updates