home selling: 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 selling: Welcome to the 2016 Real Estate Market! - 01/28/16 08:32 AM

In Oregon, the inventory of homes active on the market has remained low through December and January. For Sellers listing their properties at $399,999 or lower, it means lots of showing activity! However, many home Sellers are forestalling listing their property just yet due to limited inventory to choose from for relocating. However, for Sellers looking to sell quickly or who have already identified a property to purchase, it will remain a Seller’s market until inventory increases in the following months heading into spring.
While residential listings remain low, Buyers looking to build still have extensive inventory to choose from in the … (0 comments)

home selling: 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 selling: Ten Questions a Seller Should Ask an Agent Before Listing - 01/12/16 08:04 AM

1. Why should I list my property with YOU?
2. What do you think my property will sell for and Why?
3. What are the “Pros” and “Cons” of my property?
4. What changes/improvements should I make to my house?
5. What are your specific negotiation strategies?
6. How many properties have you listed in the last 12 months?
7. Specifically, how will you market my home?
8. Do you have a Team or are you a Solo Agent? Your team consists of…
9. How many showings should I expect to average per week?
10. Other than yourself, who would you recommend I list my home with and why?
 
Any good … (1 comments)

home selling: 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 selling: The Best Tips and Tools for Cleaning Some Common Household Items - 01/12/16 04:34 AM
Sometimes you just can’t find the right tool for the job, even with all the usual cleaning tools at your disposal. Here are some tips for those items and places that are always a pain to keep squeaky clean.
The microwave The solution for a clean microwave is in your refrigerator (or maybe in the produce section of the grocery store). Microwave a cup of water and a few lemon slices, and then use a sponge to clean the microwave with the warm water.
Grease stains This one works on clothes as well as surfaces. Rub white chalk on the grease stain, let … (3 comments)

home selling: How to Stage a Living Space - 01/12/16 04:14 AM
Can’t seem to create a living room that feels quite right? Looking for some styling tips that will bring your living room up a notch? Here are five ideas that can dramatically improve your living room.
 1. Move the furniture away from the walls: The tendency is to place your furniture against the walls, but giving it a little room to breathe will make the seating area seem cozier while also making the room seem more spacious.
 2. Mix old and new pieces: Using the same furniture set to furnish an entire room can make it seem a bit sterile. Try mixing and … (1 comments)

home selling: 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)

home selling: The Best of MLS: A Checklist to Get the Best Quality Home Photos - 11/05/15 09:05 AM

    19700 NW Adcock Rd, Yamhill                 351 NW Alder St, Dundee                    6000 SE Sartore Rd, Amity
 
In the process of pulling comparable properties for clients, my office staff often stumbles upon some real gems. By gems, I mean spectacular photos that showcase a property or home at its best. Open curtains with natural light flooding in! Level photos that showcase each room at its best angle, showing every desirable feature! They are the photos that make sellers happy and entice buyers to visit a property. And then, there are the other photos, what we all refer to as the worst of … (0 comments)

home selling: Knowing When to Do a Price Reduction - 11/03/15 08:15 AM
As a home seller, you want to net the highest possible price for your property. However, as the real estate market is constantly fluctuating, it may mean that the ideal listing price changes. Occasionally, by reducing the listing price, sellers can ensure that their property is comparably priced against similar homes to be in front of the largest pool of poten-tial buyers. This helps ensure consistent showings and can encourage multiple offers to bring a higher sale price than would be otherwise gained without a price reduction.
 
So, how do home sellers know when it is time to consider reducing the price? … (2 comments)

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

Kelly Hagglund

SW Portland Real Estate Expert

Newberg, OR

More about me…

The Kelly Group Real Estate

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

Office: (503) 730-9999

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