Decorating the walls in your home should be fun, but when it comes to hanging larger pieces of art or décor, it’s easy to feel a bit intimidated. Of course, hanging a small clock can be as simple as sticking a nail in the wall. But what should you do about that wall mirror you just purchased? Or the hanging plant that’s starting to become…well, a sitting plant? We want to help you make all your wall decorating dreams come true. This information lists the tools you’ll need to place heavier items while walking you through simple steps for actually hanging the pieces — and how to plug up the nail holes when you move them. Happy decorating!
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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of June 2021. Click on the image below to see the full seven page detailed report.
We listened to a Real Estate webinar recently – Brian Buffini’s Bold Predictions Mid-Year Update – which we found very interesting and thought we’d share some tidbits with you. Also on the webinar was the National Association of Realtors chief economist, Dr. Lawrence Yun.
One of the most asked questions we get from clients is regarding a potential Real Estate Bubble – “Is the market going to crash like it did in 2007-2008?” The consensus from both Brian Buffini and Dr. Yun was no, there isn’t a Real Estate crash coming for several reasons which are listed below (keep in mind these are national stats).
Both Brian Buffini and Dr. Yun believe that housing inventory will increase in the next 6 months or so, due to an increase in new home construction, people that have put off a move because of the COVID pandemic and now decide to sell and a small percentage of owners will need to sell because the foreclosure moratorium will expire. Please give us a call if you'd like to discuss how this affects your real estate goals. Looking to refresh your space? With interior design trends always changing, it can be overwhelming to pick the look and feel you want in your home – without it going out of style.
The information we're sharing with you this month will help give your place new life with timeless interior design trends. These trends are easy to incorporate and can totally transform any room in your house. You’ll find tips on how to expertly use lighting, decorative accents, greenery and more, plus, a method for rearranging furniture that takes the guesswork — and unnecessary heavy lifting — out of it. You’ll love seeing how these small changes can impact your home in a big way. Did you know that agents also use these tips when staging a home for sale? Give us a call if you want to talk over any of them, or if you want to know which of these design tricks help homes sell the quickest. Whether you’re selling or staying put, we’ll get your home picture perfect! We decided to compare May 2019 to May 2021 to get a closer comparison against a more “typical” year rather than comparing the data to 2020, that is skewed due to the issues surrounding the COVID pandemic. So, keep in mind that there is a two-year gap between these numbers. MAY 2019 COMPARED TO May 2021
NEW LISTINGS are down 19%, with 4,902 vs 3,971 new homes on the market. PENDING SALES are up 12.9%, with 3,292 vs 3,717 homes going under contract during the month. (Sellers who have accepted offers but have not closed yet). CLOSED SALES are up 7.1%, with 2,969 vs 3,183 home closing escrow during the month. AVERAGE SALES PRICE: 2019 vs 2021 $471,200 vs $582,200, or a 23.5% increase MEDIAN SALES PRICE: 2019 vs 2021 $420,000 vs $515,000, or a 22.6% increase MONTHS OF INVENTORY At the end of May 2021, we have another RECORD low inventory at 0.7 months. This means that if we don’t put any more homes on the market to sell, it would take us just 3 weeks to sell everything in Portland. By comparison May of 2019 inventory was 2.1. We are in a lack of supply driven market. We have much more demand than houses for sale, plus very low interest rates. It is not uncommon to have multiple offers on homes for sale, so homes are often going for more than asking price. It is a great time to be selling. It is a little tougher to buy, but we have great strategies that have been successful in helping buyers get into homes they want. If there is anything that we can do for you, please give us a shout! We are here to help however we can. If you are looking to make a move, or you know someone who is, we would love the referral. We hope everyone continues has a better 2021. Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of May 2021. Click on the image below to see the full seven page detailed report.
Whether you’re starting a family or celebrating your first grandchild, it’s important to plan ahead. While you may not be thinking about it just yet, wouldn’t you want to know that those loved ones would be taken care of if you weren’t around? That’s where building an estate plan can help. This infographic explains a few reasons why setting up a will or estate plan now is so beneficial, even if you’re just starting your family journey. You’ll also learn what to double check in your will to make sure your wishes are carried out exactly how you want. Preparing for the future now will grant you more peace of mind down the line!
It’s almost impossible to predict when a crisis may occur. From major storms to a global pandemic, the world has experienced a handful of unexpected events in the past few years.
When weathering a storm — figuratively or literally — it’s important to be prepared. That’s why we're sharing information to help you in times when the unexpected happens. You’ll find tips on how to keep you and your family safe during an emergency weather event like a hurricane, tornado or fire. There are also a few pointers for protecting pets during these events. Emergency preparedness may not be most fun thing to talk about, but it’s still important to make sure you and your family are ready for anything. It is my hope that these tips bring you comfort and peace-of-mind by helping you expect the unexpected! Finding out that your credit card was compromised is like finding out that someone broke into your house — your privacy was violated, and you just can’t understand how that could have happened. What’s even more frustrating is the impact this incident could have on your credit score if not handled right away. To help you prevent bad actors from gaining access to your credit or debit accounts, we wanted to share some helpful tips on credit card security. Learn how accounts get compromised and ways to protect your personal information, so you can always remain one step ahead of credit thieves.
Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of April 2021. Click on the image below to see the full seven page detailed report.
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