home buying: Months of Inventory - Portland Metro Markets - 01/28/16 08:38 AM
November's Months of Inventory for the Portland Metro Markets
 
From November to December, the Portland Metro markets, including Washington, Multnomah and Yamhill County, saw an increase in months of inventory (MOI) in all price categories. The increased MOI reflects the decline in inventory. While December saw a slower real estate market with higher MOI, January has seen more Buyer activity while inventory has remained comparatively low.
 
The coming months promise a lower MOI with Buyer activity building. Even as inventory grows throughout the spring and summer, MOI is expected to stay low despite increased Federal Interest Rates as 2016 is forecasted to see … (0 comments)

home buying: Have You Met The Kelly Group Yet? - 01/12/16 08:18 AM
The Kelly Group is one of the top real estate teams in Oregon and in all of the United States! In 2015, we sold 335 homes worth $110 million. Our listings sell for an average of over 98% of the list price. They also have a median days on market of only 28. We are a team in the true sense of the word with different team members specializing in different aspects of real estate. Unlike most agents who are forced to do everything, from administrative work to lead generation, your listing agent's only priority is to get your home sold. … (2 comments)

home buying: West Salem Real Estate Report - 01/12/16 07:58 AM

The West Salem real estate market, all of zip code 97304, was historically strong in 2015. All data points show a strong gain from 2014 to 2015. There were 543 resale homes sold in 2015. That is an increase of 37% over 2014. The average price of sold homes also rose significantly in 2015. The average sale price in 2015 was $239,210, compared to $219,763 in 2014. That is an increase of 8.8%. The last strong indicator in determining the strength of the     market is the Total Days on Market. This helps show how long a home was for sale before … (0 comments)

home buying: Three Ways to Ease Your Fears About Making a Move in 2017 - 01/12/16 07:44 AM
With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they’re concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell—whether to upgrade or find a new neighborhood—there are a few ways to combat the low inventory.
 
 1. Look to buy first
In most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying. Even if you don't see … (1 comments)

home buying: Buyers, Are You Really Ready to Move? - 11/30/15 08:01 AM
 
It is hard to know when you are really ready to move forward with house hunting, making an offer and packing up the moving van. So many things often have to come into alignment, from starting a new job, waiting for the school year to end or waiting for your current listing that is active on the market to get a solid offer.
 
However, it is never too early to begin your search for your ideal home or property. By staying up-to-date with current listings and market fluctuations, you will have a better idea of what you can afford in the … (1 comments)

 
Kelly Hagglund, SW Portland Real Estate Expert (The Kelly Group Real Estate)

Kelly Hagglund

SW Portland Real Estate Expert

Newberg, OR

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The Kelly Group Real Estate

Address: 215 N Blaine St, Newberg, OR, 97132

Office: (503) 730-9999

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