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Love it or List it?

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I’m sure you’ve seen Love it or List it- where a family has totally outgrown their space but one of the partners just doesn’t want to leave, so they decide to renovate. 

And if the renovations aren’t fixing the issue, then, and only then, do they move…

While reality TV is fun to watch, the reality of living in a construction zone while shopping for a new house, isn’t.

That’s why I recommend doing one or the other. Let’s break it down.

A lot of times, people get frustrated with their space. They’ve had another baby, fallen out of love with their condo, or started dreaming of retiring in a smaller space near the beach. 

Whatever the reason, it’s very important to first identify WHY you are considering a move, and then go from there. 

Here’s five things to think about…

#1 Can it be fixed easily? 

If you want an updated kitchen, swapping out fixtures, painting cabinets, and buying new appliances is a pretty easy fix. But if you want a bigger kitchen, you’re going to have to move.

#2 Can you deal with contractors?

Hiring an interior designer or general contractor to manage your project will help, but renovations require you to work with multiple companies and contractors on a daily basis. And you’ll be totally dependent on their timeline, expertise, and quality of work. If you don’t want people coming in and out of your home for weeks on end, it may be time to move into a turn key home.

#3 Can you live with the mess? 

Renovations can be dusty and dirty and shrink an already hard-to-navigate environment. Tools will be everywhere, equipment will be everywhere, and people will be everywhere. Is a renovation going to get in the way of school, work, or travel? If so, something turnkey may be more appealing.

#4 Can you tolerate a move? 

You may dread the thought of having to pack up your entire home while paying a moving company thousands of dollars to pick up your heirloom armoire and try and make it through the front door. If this sounds unbearable to you, it may be cause to stay.

#5 Do you love your location? 

If the view, zoning, corner lot, or amazing neighbors are the reason why you moved to your current house to begin with, then moving may not be the answer. In this case, it would be better to renovate the inside of the home to match the amazing benefits of the outside of the home. 

No matter whether you decide to love it or list it, it’s important to have a good Realtor to help you understand how renovations will affect your home value and help you decide if you’re better off packing up or staying put. That’s where I can help.

If you’re thinking about making a move (or know someone who is), Please reach out! No pressure, no sales tactics, just helpful advice and the guidance you need!

And finally, if you’re not thinking about making a move just yet, feel free to save this page for future reference, so you can come back to it! 

If you want to get to know either of us better you can go to our pages Jessica or Tekela

June 2021

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The latest market update is out for June of 2021. Inventory is starting to creep back up and the buying frenzy is starting to calm down. This is really good news for buyers that are still in the market. We are seeing homes get a couple of offers instead of 20 and houses selling for 100K over list price are becoming increasingly rare. If you are a seller, there is still a good market out there and plenty of buyers, it just isn’t the feeding frenzy it was back in March. If you want to get into the details, continue on below!

The first things we notice is the average sales price. We haven’t quite hit 600k as our average to live in Portland proper, but we will by next month. This is over a 20% increase from last year and a 2% increase from just last month. I know we say this a lot, but if you are on the fence about buying, get off of it. Things are going to continue to climb and gain equity, so waiting is only making it harder to buy.

The other big stat that jumps out is the amount that things are selling over the list price. Earlier I mentioned that things were starting to cool off. That is true though this number doesn’t show it. The thing to remember is that 13% average is from homes that went pending in May and closed in June. May was one of our busiest months. Things have settled back down between 8-10% over as of recently.

The other bit of good news for buyers is that listings are finally starting to climb up above the closed sales. Things are still selling quickly, but at least everyone has multiple options when they are deciding what to buy. If you are a seller, make sure you are situating yourself with the right listing agent, the right price, and the right marketing so you can stand out among the crowd.

If you want to chat about specifics whether it is buying or selling, we are happy to do so! Just call or email us and we would love to talk with you about your unique situation! You can also look for homes HERE if you are ready to get started.

Why Use a Realtor

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So now that you are ready to buy a house why on earth should you use a realtor? Well, watch the video below to find out! Or skip ahead and read about it!

I get it, realtors have a bad reputation and tons of people think we are under qualified and over-paid.  So why would you hire one when you can just do it yourself online?  Well, here are our top 5 reasons that you will want to hire us. 

#1 – It’s Free

That’s right, as a buyer, you don’t have to pay me. If you could get 10 years of sales experience for free wouldn’t you want to use it? I only get paid when we successfully find and close on a house and the seller pays that fee so there is literally no cost to you for using me. 

#2 – Home Tours

You need a realtor to get access to most houses.  You can’t just knock on doors and expect to get a  tour, you could try, but people will think you are crazy and that is not what you want when you are trying to convince someone to let you buy their home.  Of course you can go to open houses, but not everyone hosts them, and some houses sell before they have had a chance to be open on the weekend.  Hiring me means we can go see that house anytime that suits your schedule so you can e one of the first people in the door. 

#3- Pocket Listings

Not all houses get listed on the market.  We see houses all the time that are offered as office exclusives that sell before they hit the market.  If I know what you are looking for I am going to be searching within my network to see what they have coming up.  This can give you the upper edge if we are able to get into these homes before the reset of the public sees them. Zillow can’t offer you that. 

#4- Paperwork and Contracts

I can help you understand and write a way stronger contract.  Real Estate contracts are no joke, it’s a 13 page document that outlines all the important timelines, who pays for what, who gets to keep what, and when you get to move into the house.  There are also over 30 addendums that could apply to your transaction.  We know the paperwork and how to write things so you are getting as much as you possibly can, even in a seller’s market.  

#5 – Gifts!

Lastly, you’ll get a cool present. I love giving gifts, so you’ll get something nice when you close on the house, plus a home-anniversary gift, plus a holiday gift or party, plus some random thing  at some point during the year.  We love our clients and believe in taking care of them before, during, and after the transaction.  We won’t pick up a paycheck and then disappear on you, we like you too much! 

Now you might be thinking, this all sounds great, but I don’t want to buy a house right now. Even if you aren’t quite ready, we can start narrowing down neighborhoods and keeping our eyes on good deals for you, you never know when they will come up or when you will be ready to jump in.  The more we know about you, the better we can help you!  If you want to set up a zoom call to just going over basic questions and criteria, we would love to chat, just send a message over! 

I appreciate your time today, be sure to follow us on facebook and Instagram to stay up to date with what we are doing!  You can also search for homes with the button below, or fill out the contact form and we will get in touch with you!

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November Market Update

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It’s time for the November market update and 2020 continues to surprise us with the stats. Largely due to the lack of sales we experienced in the early spring, our market is still stronger than ever. In short, homes are selling quickly, inventory is at it’s lowest in history, and prices are rising every month. Here is a snapshot of the numbers from the past month and if you want a more detailed description, read on below!

November Portland Market Update

The most important things to mention is that this month we saw the inventory drop from 1.1 months to 1 month, which is the lowest it has been in the entire history of the RMLS. This is caused by the decrease in new listings from 3,500 in October down to 2,238 in November. Historically less people list their homes with the holidays coming up, but with the number of buyers currently in the market, the lack of listings is really driving demand and with it, increasing prices.

Secondly, the average sales price has risen 12.7% since November of last year. With December being as busy as it has been I’m sure we will see an increase through the end of the year. This is great news if you are a seller. We didn’t expect to continue seeing appreciation with double digits this year, but there it is. Because of the tight inventory, we do expect 2021 to look much the same as this past year. If you aren’t quite ready to sell, you likely have a bit of time to still get in on this hot market.

The most surprising statistic is that the number of days a listing is on the market actually increased this month. Our best guess is that many sellers are seeing what homes are selling for and listing too high. When a home is priced too high, it forces price reductions and longer days on market. But as always, a well-priced home is selling in a matter of days, usually with stiff competition.

If you have questions about how this affects you as a buyer or a seller, please reach out to us! We are happy to make a personalized plan for you. You can also see what your home is worth by clicking HERE

Happy Holidays!

Hawks View Winery

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This week we headed to the beautiful suburb of Sherwood to meet with a new client and try some wine. One of our favorite things about Portland is that the city is small enough that you can get out to the suburbs in about 20-30 minutes. That allows us to enjoy some of the amazing places outside of the city. Hawks View is a perfect example of this. They have a gorgeous property in the hills with multiple decks, modern design, and, most importantly, delicious wine.

Haw's view winery

I highly recommend trying a wine flight, for $20 you get 6 different wines. If you are lucky they will be starting the flight off with a sparkling rosé, it’s a dry and crisp sparkling wine and pairs perfectly with the end of the summer. They also had a pinot gris, chardonnay, and 3 pinots on the wine flight while we were visiting. All of their wines are very true to the style and moderately priced if you want to bring some bottles home.

They also serve a bit of food. They have a fantastic charcuterie board that has been a staple at the winery since they opened, but they also just started doing flatbreads. Cleverly named after the color of the wine it will best pair with, all the choices counted delicious.

We decided on “The Red” a flatbread with gorgonzola, figs, prosciutto, and arugula. It was delicious. The flatbread was crisp on the edges and light and fluffy in the middle. The flavors are a classic combination that all balance really well. True to the name, it did pair very well with the pinot noir we had.

The tasting room is by appointment only, but they have a very easy online system to use. You can get to it over on their website. You can also buy bottles, book events, or join the wine club while you are there. Let us know when you go and visit this winery, we would love to know what you think! You can also check out some of the other hotspots we have loved HERE.

Best Netflix Binge

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We are going to switch things up for our Hot Spot of the week! Since we are all social-distancing and self-quarantining we are going to be bringing you different things each week to help keep you entertained. This week we are focusing on Netflix shows! A good Binge-a-thon can be a great way to take your mind off of things and help you relax. Here are our favorite shows that you can currently find on Netflix listed alphabetically.

If you are able to buy gift cards or do takeout to support your local businesses, please do, we really want to see them on the other side of this!

Netflix Originals

Altered Carbon

Set in a future where consciousness is digitized and stored, a prisoner returns to life in a new body and must solve a mind-bending murder to win his freedom.

Black Mirror

An anthology series exploring a twisted, high-tech multiverse where humanity’s greatest innovations and darkest instincts collide.

Cheer

Follows the cheerleaders of Navarro College as they prepare for the biggest moment of their lives.

The Crown

Follows the political rivalries and romance of Queen Elizabeth II’s reign and the events that shaped the second half of the twentieth century.

Glow

A look at the personal and professional lives of a group of women who perform for a wrestling organization in Los Angeles during the 1980s.

Love is Blind

Singles who want to be loved for who they are, rather than what they look like, have signed up for a less conventional approach to modern dating.

Ozark

A financial adviser drags his family from Chicago to the Missouri Ozarks, where he must launder money to appease a drug boss.

Russian Doll

A cynical young woman in New York City keeps dying and returning to the party that’s being thrown in her honor on that same evening. She tries to find a way out of this strange time loop.

Stranger Things

When a young boy disappears, his mother, a police chief and his friends must confront terrifying supernatural forces in order to get him back.

Unbelievable

Based on the true story of Marie, a teenager who was charged with lying about having been raped, and the two female detectives who followed the path to the truth.

The Witcher

Geralt of Rivia, a solitary monster hunter, struggles to find his place in a world where people often prove more wicked than beasts.

You

A dangerously charming, intensely obsessive young man goes to extreme measures to insert himself into the lives of those he is transfixed by.

If you don’t want to stick to Netflix’s original series, here are some really great ones they have included in their library that originated elsewhere, they are all classics, so if you haven’t seen them yet, get started!

Breaking Bad

A high school chemistry teacher diagnosed with inoperable lung cancer turns to manufacturing and selling methamphetamine in order to secure his family’s future.

The Good Place

Four people and their otherworldly frienemy struggle in the afterlife to define what it means to be good.

Mad Men

New York’s most prestigious ad agencies at the beginning of the 1960s, focusing on one of the firm’s most mysterious but extremely talented ad executives, Donald Draper.

Outlander

An English combat nurse from 1945 is mysteriously swept back in time to 1743.

Peaky Blinders

A gangster family epic set in 1919 Birmingham, England; centered on a gang who sew razor blades in the peaks of their caps, and their fierce boss Tommy Shelby.

Schitt$ Creek

When rich video-store magnate Johnny Rose and his family suddenly find themselves broke, they are forced to leave their pampered lives to regroup in Schitt’s Creek.

Head over to NETFLIX to watch all of these shows. Did we leave your absolute favorite off of the list? Let us know in the comments so we can get it added. If there is anything else that we can offer during these difficult times, feel free to reach out!

Voysey

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This week we checked out the elegant speakeasy cocktail bar Voysey! This basement bar can be found by following the red light down the stairway at the back of Loyal Legion. If you don’t have a curious mind, you may not have even known this plush cocktail lounge existed.

Voysey Portland, that portland life

Voysey is run by veteran female bartenders and bar managers serving up their own personal cocktail recipes as well as fun twists on some of the classics. As a result, everything on the menu is very thoughtful. If you are not in the mood for cocktails the menu is simple – 5 beer choices and 5 wine choices with a little something for everyone.

Voysey speakeasy in Portland

There are lots of cozy seating areas and a strong vintage vibe. Pink and red lights add to the ‘old-world’ vibe of the space. The bartender who served us was incredibly friendly, checked in on us just often enough to keep our drinks full, and was super knowledgable about all things cocktail.

We will definitely be going back to check out more of the drinks! If you want to keep current with what they are doing, check them out on Facebook!

Have you been yet? Had you even heard about it? Let us know what you think in the comments!

Moving to Portland: The Ultimate Guide

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Are you thinking of moving to Portland? We are excited to see you! Below you will find info on all of the basics in our ultimate Portland guide! We have provided links to more information so you can dig a little deeper into what we love about this fabulous city. Enjoy!

Portland Population: 664,605 (2020)

Portland, Oregon’s largest city, nestled between the Columbia and Willamette rivers. Sitting in the shadow of Mount Hood, it is known for its parks, bridges, and bicycle paths. Portland is also well known for its eco-friendliness, its microbreweries, and its coffeehouses. If you want info on the specific Demographics of the area Click Here

Portland Weather

Portland is known for its warm and dry summers and its cool and wet winters. While we are known for our rain, we actually do not even rank within the top ten for annual inches of rainfall. We do have a high average of 164 days with rain, but it tends to be light and misty, which is where the popular adage of, “You’ll never see a local with an umbrella,” comes from. Though the winters tend to be drizzly, the summers are stunning. Portland is in a coastal temperate climate which keeps the temperatures from getting too high in the summer with an average and very pleasant temperature of 81*.

Portland Based Companies

The Portland area is a melting pot of huge industries. We are often dubbed the “Silicon Forest” because of the number of tech industries in Portland and it’s suburbs. Here are the top 30 companies based in the Portland Metro area.

  1. Intel
  2. Nike
  3. Daimler Trucks North America
  4. Precision Castparts
  5. Boeing
  6. Columbia Sportswear
  7. Northwest Pipe Company
  8. Mentor Graphics
  9. Tektronix, Inc
  10. Xerox
  1. WaferTech, LLC
  2. Consolidated Metro, Inc.
  3. Greenbrier
  4. Blount International, Inc.
  5. A-dec
  6. Warn Industries, Inc.
  7. Qorvo
  8. ESCO Corp.
  9. Schnitzer Steel
  10. Adidas America
  1. SEH America Inc.
  2. Via Systems
  3. Erickson Air-Crane
  4. Lam Research Corp.
  5. Collins Cos.
  6. Reser’s Fine Food
  7. On Semiconductor
  8. Evraz Inc. NA
  9. IBM – Linus Technology Center
  10. Pacific Foods of Oregon

Jobs in Portland

Portland has a very strong job market and there are many places that you can go to search for jobs. Most of the major employers have portals directly on their sites to apply for jobs, or you can use a local resource like www.macslist.org, www.oregonlive.com/jobs, www.oregon.jobs, or www.jobdango.com. There are five major industries that dominate the job market and those are: high tech, athletics and apparel, manufacturing, healthcare, and food service.

Average Home Prices in Portland

Portland remains the most affordable city on the West coast to live. The average home price in 2021 for the Portland Metro is $597,000. That price is up 20% from 2020. So far the year has been a whirlwind. We are seeing the lowest inventory in Portland history, multiple offers, and super fast home sales. If you want to see the latest market stats, check out the real estate section of the blog here.

Portland Average Commute Times

As the city has continued to rapidly grow year over year congestion has become more of an issue. Depending on what area you decide to live and what area you decide to work, commute times can vary from 10 minutes to over an hour.

Living in Vancouver and working in Portland will require you to cross one of the two bridges that span the river. Both get congested during peak traffic hours and an hour commute should be expected into downtown. Similarly, Highway 26 gets backed up from the Western suburbs into downtown Portland. This highway tends to move more quickly, but commute times will be around 30-45 minutes into downtown at peak hours.

If you are going to live in Portland proper and be able to take interior roads, commute times usually linger around 20 minutes to most other parts of the city. We are happy to discuss specific traffic patterns if you have questions about what to expect. Just fill out the contact form in the side bar!

Best Restaurants in Portland

Portland has one of the best food scenes in the country. No matter the style of food you are in the mood for, there are multiple locations absolutely excelling in that style. We have multiple ‘Best of’ lists that you can check out here.

We also love to stay on top of the 38 Essential Restaurants by Eater. They are constantly updating the list and it’s one of the best ways to make sure you know all about the best of the best in the Portland food scene. You can also keep up with the newest and trendiest restaurants with the Eater Heatmap.

Portland Nightlife

Nightlife in Portland is just as fun and diverse as the restaurant scene. From private karaoke rooms, to large clubs for dancing, to dark dive bars, Portland has it all. Downtown Portland and the Pearl District are the best places to go for high end cocktails and mingling. While Southeast Portland is the best place to explore the many dive bars. We have featured a variety of different places in our ‘Hot Spot’ series. You can check those out here.

Outdoor Activities Near Portland

There are so many wonderful outdoor activities near Portland, that we consider it the best part of living in the Pacific Northwest! There is hiking and biking at multiple large parks right inside of the city. Or, if you want to get away, you can head into the Gorge for some of the best hikes in the country.

We are also situated at the foot of Mt. Hood which offers 3 great ski resorts in the winter, and some amazing camping in the summer. You can see some of our favorite camping spots here.

Portland also sits just North of some of the best Pinot grapes in the country. It’s hard to go wrong with any winery, but if you want to know about our favorites, just reach out! Lastly, we are only about 90 minutes from the Oregon Coast, which is a fantastic place for a weekend getaway for whale watching, surfing, or some salt water taffy. Bottom line, if you like the outdoors in any capacity, you will have endless amazing places to explore!

Highest Rated Schools in Portland

There are many great schools throughout the Portland Metro area. We like to use Niche.com to search school ratings, and you can jump straight to the Portland Metro by clicking here.

Portland Neighborhoods

the pearl district in northwest portland
NW Portland
dunthorpe neighborhood in southwest Portland
SW Portland
Ladd's Addition in Southeast Portland
SE Portland
Holly wood neighborhood in NE Portland
NE Portland
St. Johns Bridge in N Portland
N Portland

Portland Architecture

Portland is known for it’s cute houses. With much of Portland being built up in the late 1800’s and early 1900’s it’s hard to not fall in love with our houses. Here are some of the most popular styles that you can find as you are searching for homes.

Portland Oregon Bungalow Craftsman
Craftsman

Craftsman’s were typically built in 1910’s-1920’s and have lots of period details. Things like a front porch, built in’s around the fireplace, and an open floor plan are typical to find. It is common to have a bedroom and bathroom on the main floor, a basement, and a finished upstairs.

Portland Four square
Foursquare

These homes were typically built between the late 1800’s and the early 1930’s. They are called foursquares because they have 4 rooms on the main floor and four rooms on the second floor with a staircase in the middle. These homes will also have period details, though usually less ornate than the craftsman homes.

Portland ranch style home
Ranch/ Mid century

The ranch style home was typically built in the 1950’s and 60’s and feature 1 level living. Some of the ranch homes in Portland will feature a full basement to help expand the square footage of the home. Typically you have an open floor plan with living spaces and bedrooms on opposite sides of the house.

Portland Tudor style Home
Tudor

Tudor homes were built from the 1920’s to the 1940’s. They are easily recognizable due to the brick or stucco exterior and steep roof lines. They are almost always 2 stories with living spaces on the main level and bedrooms on the second floor. You can frequently find fireplaces and leaded windows to add to the charm of the home.

Portland modern townhome, modern condos
Modern Attached Home

These new construction beauties have been popping up all over the city and are quickly gaining popularity. You have very tall ceilings, open floor plans, and modern amenities. They also help with the housing shortage in the city.

Homes for Sale in Portland

No matter the area, price point, or style you are looking for we can help you find it somewhere in the Portland area. You can search all of the homes currently on the market by clicking the button below. Or if you prefer to get a curated list emailed to you as new things come on the market, just fill out the form below and we will get in touch with you!

Search For Homes

We hope that you do decide to move to Portland soon! It is, after all, the best city in the West! If you have any further needs or questions, please don’t hesitate to reach out to us! We can’t wait to help you!