Oct. 14, 2018

October 2018 Housing Report

Fairstone October 2018 Housing ReportRMLS™, “The Source for Real Estate Statistics,” has released their latest monthly residential real estate statistical report for the Metro Portland Area providing marketing statistics as of the end of September 2018 and indicate we may be moving towards a more balanced market -- inventory has risen to 3.1 months and total average market time to 45 days.          

Below are key indicators of the real estate trends through the month of September 2018. 

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Posted in Market Updates
Sept. 19, 2018

September 2018 Housing Report

RMLS™, “The Source for Real Estate Statistics,” has released their latest monthly residential real estate statistical report for the Metro Portland Area providing marketing statistics as of the end of August 2018 and indicate that we saw more mixed activity - new listings are up 2.9%, pending sales are down 2.1%, and closed sales are down 2.0% - compared to 2017.        

Below are key indicators of the real estate trends through the month of August 2018. 

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Posted in Market Updates
Sept. 9, 2018

Are You Covered? A Homeowner’s Insurance Guide

No one likes to think about disasters. Severe weather, fire, theft—or even a seemingly small issue like a broken pipe—can wreak havoc on your home and result in thousands of dollars in damages. Fortunately, a good homeowners’ insurance policy can offer you peace of mind that you and your family will be financially protected if disaster strikes.

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Posted in Real Estate News
Aug. 17, 2018

August 2018 Housing Report

Fairstone August 2018 Housing ReportRMLS™, “The Source for Real Estate Statistics,” has released their latest monthly residential real estate statistical report for the Metro Portland Area providing marketing statistics as of the end of July 2018.  Although we're still experiencing a strong Seller's market, inventory has increased to 2.4 months.    

Below are key indicators of the real estate trends through the month of July 2018. 

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Posted in Market Updates
Aug. 14, 2018

Renters for a Weekend or a While: What’s the Best Use of Your Investment Property?

The residential rental market is now the fastest-growing segment of the housing market. In the United States, the demand for single-family rentals, defined as either detached homes or townhouses, has risen 30 percent in the past three years.1 And in Canada, rental units now account for nearly one-third of the country’s homes, with particular demand for multi-family units, including apartments and condominiums.2

At the same time, the short-term, or vacation, rental market is also booming. The popularity of online marketplaces like Airbnb, HomeAway, and VRBO has helped the short-term rental market become one of the fastest-growing segments in the travel industry.3

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Posted in Buying
July 6, 2018

How to Avoid the Top 8 Home Inspection Mistakes

It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying.

When you hire a home inspector, you get a professional, in-depth examination of the property’s structures and systems. It’s a worthwhile investment that can save you money in the long run, either by warning you away from a bad purchase or by providing a list of deficiencies you can use to negotiate with the sellers.

The inspector’s report will also list minor repairs that, if made, will help to maintain your home over the long term. Additionally, a good inspector can often predict the standard life expectancy of your roof, HVAC, and other big-ticket items so you can start planning for their eventual replacement.

However, many buyers make mistakes during the inspection process that cost them time and money and lead to unnecessary stress. Avoid these eight common buyer blunders to minimize your risk, protect your investment, and give yourself peace of mind and confidence in your new home purchase.

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Posted in Buying
June 5, 2018

Real Estate Relocation Guide: 7 Steps to a Seamless Move

Whatever your reasons are for relocating to a new area, the process can feel overwhelming.

Whether you’re moving across town or across the country, you’ll be changing more than your address. Besides a new house, you may also be searching for new jobs, schools, doctors, restaurants, stores, service providers and more.

Of course you’ll need to pack, make moving arrangements, and possibly sell your old home. With so much to do, you may be wondering: Where do I start?

In this guide, we outline seven steps to help you get prepared, get organized, and get settled in your new community. Our hope is to alleviate the hassle of relocating—so you can focus on the exciting adventure ahead!

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Posted in Buying
May 9, 2018

10 Staging Secrets from the Pros for a Quick Home Sale at Top Dollar

According to the National Association of Realtors, staging a home prior to listing it can result in a faster and more profitable sale.1 In fact, the Real Estate Staging Association estimates that professionally staged properties spend 73 percent less time on the market, receive more foot traffic, and typically sell for more money.2

10 Show Ready Tips

Following are 10 tips you can use to get your home “show ready” prior to hitting the market. These easy and cost-effective ideas will help your house look its best—and help buyers visualize themselves living there. Even if you’re not currently in the market to sell, you can use these tactics to breathe new life into your existing home decor.

To get a plan customized for your particular property, give us a call to schedule a free consultation. We’d be happy to share our insider knowledge of the buyer preferences in your neighborhood … so you’ll know where to focus your time, money and energy to maximize your results.

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Posted in Selling
April 18, 2018

April 2018 Housing Report

RMLS™, “The Source for Real Estate Statistics,” has released their latest monthly residential real estate statistical report for the Metro Portland Area providing marketing statistics as of the end of March 2018.  Although we're still experiencing a strong Seller's market, report indicates "this was the best March for new listings in the area since 2010."  

Below are key indicators of the real estate trends through the month of March 2018. 

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Posted in Market Updates
April 9, 2018

Home Care Calendar

A Seasonal Guide to Maintaining Your Home

From summer vacations to winter holidays, it seems each season offers the perfect reason to postpone our to-do list. However, neglecting your home’s maintenance could put yours and your family’s personal safety, along with one of your largest financial investments, at risk.

In a short time, small problems can lead to extensive and expensive repairs. And even if you avoid a catastrophe, those minor issues can still have a big impact. Properties that are not well maintained can lose ten percent, or more, of their appraised value.1

The good news is that by dedicating a few hours each season to properly maintaining your home, you can ensure a safe living environment … and actually increase the value of your home by one percent annually!1 We just need to know where and how to spend our time.

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Posted in Real Estate News