Many homeowners who want to sell their homes believe they should wait, even if they are ready, to sell their house until the ‘spring market’. While home sales do follow certain trends, this chart is from last year’s RMLS Market Action shows the larger picture.
Credit: RMLS Market Action December 2012
If you look at closed sales for each month of the year for the last 5 years (for the current Market Action, shoot me an email) you can see, last year, when the market was still ‘turning around’, even in January and February, well over 1,000 homes sold each month in January and February. December is also overlooked as a good sale month, some people really want to be in their new home before year end, for tax reasons.
So, if you are thinking about selling, don’t buy the myth that homes don’t sell in the wintertime!
My new listing in Gresham is a peach! The sellers have put in new carpet (with hardwoods under) and painted, but have been doing updates constantly the last few years. Since 2009 it has had a new roof, new skylight in the family room, new insulation blown in, new vinyl windows (including this cute garden window in the kitchen), new doors inside and the kitchen appliance are newer too! Call me for a showing 503-314-2384!
Wouldn’t this be a nice view? And you won’t be doing so many dishes, my client says the dishwasher is the best she’s ever had!
My Montavilla listing is a great house and my seller and I decided to highlight the entry with some plants, here is a before look, below. I am always saying, you never get a second chance to make a first impression!
There was nothing wrong with the entry before, but it just didn’t POP!
There is a saying in Real Estate, the best way to attract business is to go on vacation! I believe it! I have a new listing in Montavilla, another one going live on Thursday and our housesitter/dogsitter is getting here Friday morning so my husband and I can take a trip to Kauai! Now my phone is ringing off the hook! I have already lined up 2 appointments for Labor Day weekend when I will be back and passed a buyer off to another broker in my office to work with since I will be gone and the market is so hot she wants to see things right now! One of the blessings and curses of my job is, you can do it almost anywhere and 24 hours a day if you are not careful. With the market finally moving in a positive direction, it’s a good thing the people who love me make sure I keep a balance!
Going Live this Thursday, I will holding Open Houses on
Saturday from noon to 3pm and Sunday from 1 to 4pm.
I am very excited about this house, it has had a makeover and looks great!
This house will ‘go live’ Thursday August 8!
New Listing – Goes Live on Thursday, August 8
- Back yard has raised beds, fire pit, patio and much more!
Falling in love…with a house
True story: I wanted to buy a house once because of the interior paint. The house was in a dodgy neighborhood, on a street with zero parking, the rooms were too small for our furniture and the upstairs ‘bedroom’ had ceilings my husband would have been constantly bumping his head on. “But it’s so CUTE!” I kept repeating. Then we went back to our list of ‘wants and needs and dealbreakers’ . All the things we had agreed were important for us. I realized it would never work. When we found the right house (on a quiet street with lots of parking, a living/dining room that we can seat 20 people at for Thanksgiving and 10 foot ceilings on the main floor) then guess what? We PAINTED almost every wall in the house! We also took up all the wall to wall carpet on the main floor and finished the fir floors. Looks like a different house than the listing pictures and I would not trade it for anything.
What is the point of this story? There are things in houses, just like people, that you have to accept you cannot change. It’s part of the package. That would include factors like the location. Not just the neighborhood but maybe you prefer a particular county for tax reasons. Does traffic bother you? A busy street is rarely going to get LESS busy, or maybe it’s close to a freeway on- or off-ramp that will result in more cars than you like. HOA or condo fees. If you feel they are too high, don’t expect that to change once you buy. If you want a certain size lot, better make sure your agent is aware of that. Don’t go in hoping you can get a neighbor to sell you all or part of their land down the road.
The good news? There are so many things you CAN control or change. Something I hear about a lot is counter tops. You like granite and they have laminate. Guess what? If you install it, you get to pick the color! Cabinets, flooring, same thing! Wall coverings – learn to look beyond ugly wallpaper. Or, visualize that cute border you always wanted on the beige wall you see in front of you. J
You might see an otherwise awful house with a ‘dream bath’ you can duplicate in your dream HOUSE. Something that scares a lot of buyers away is oil heat. Conversions happen all the time. Need more parking? Build a garage or carport if you have a driveway. Need more space? Add a room. I’m not saying these things come without a cost, of course you are going to have to pay to get what you want, but the option is THERE for you. Do your homework! If you know that, for instance, an egress window added to a basement room to make it a legal (and safe) bedroom is roughly $3,000 for a simple one, then you can make an informed decision whether that house just became what you were looking for.
So, keep in mind when you make your ‘wants, needs and dealbreakers’ list, which of those things are within your power to change or add and which are ‘part of the package’.
My friend/client Kristin just posted a very positive review of my services on Zillow. I advertise there for clients and also use their listing promotions when I list houses for sale. I always tell my clients, a ‘Zestimate’ only tells part of the story and Zillow is the first to admit their estimates can be off by pretty big margin, but everyone KNOWS Zillow and MOST people have looked on there, just to get a feel for the market, even when they go on to use a full service broker like myself.
Read the review and if this is the kind of service you are looking for in a real estate broker, give me a call!
As we approached the holiday week, showings held and went slightly up in Oregon. Expect a drop next week due to the holiday. If it does not drop, that means people are continuing to look, a strong sign for demand.
Looking for something to do on a hot summer night? Why not grab a beach chair or blanket, and come to a movie in the park? Portland Parks & Rec puts on a series of movies, family friendly of course, at parks all over the city, all summer long. Check it out at their webpage.
The Supra report is out for the week ending June 23rd. This shows the number of lockboxes opened in Oregon for that week, indicating whether showings of active listings are up or down.