Real Estate Information Archive

Blog

Displaying blog entries 51-60 of 363

Where Will I Go If I Sell My House?

by Liz Warren

          

Cooling Center Open in Welches

by Liz Warren

Direct from the Clackamas County website:

 

The locations below will open as cooling centers when temperatures reach above 90° unless noted. Estacada Community Watch will activate once temps are over 98°.

We’ve identified multiple cooling centers throughout the county for members of the public. These centers are open when temperatures are dangerously warm. Read tips for staying cool and other heat-related impacts.

Residents who do not have access to cool places are encouraged to visit a center to avoid the heat and relax.

Due to COVID-19, please be advised that wearing a face covering is required at all cooling centers.

Please call 2-1-1 or visit their website for more info. 
For general information call 503-655-8224.

Need transportation? Check out the links below to find public transportation to a cooling center near you.

Welches Cooling Center During Heat Wave

Plan Accordingly Mt. Hood Paving Will Delay Your Travel

by Liz Warren
ODOT logo  

U.S. 26 Paving: Weber Rd. to East Cherryville Dr.

Expect delays with two-lane closures on U.S. 26 with both directions of traffic sharing one side of highway

For the next several weeks, there will be two-lane closures for paving work on U.S. 26 between Weber Road and East Cherryville Drive from Tuesday mornings to Friday mornings.

During this work, both directions of U.S. 26 traffic will travel on the same side of the median.

 

U.S. 26 paving project limits from Weber Road to East Cherryville Drive

 

Expect delays while traffic is crossed over the median

From midnight Tuesday mornings to Friday mornings for the next several weeks, crews will close two lanes of U.S. 26 for paving. During these lane closures, traffic will share one side of the highway, meaning both eastbound and westbound traffic will travel on the same side of the cable median.

During this time travelers can expect regular delays. Flaggers will be stationed at each of the intersections within the project area and will stop traffic to allow people to turn in or out of these intersections when necessary.


About the project

This section of U.S. 26 is part of a widely used corridor and a significant route for freight, recreation and nearby communities. The pavement in the project area is in need of resurfacing and other upgrades to maintain smooth, safe travel through the area before further deterioration requires full reconstruction.

This project will repave 2.1 miles of U.S. 26 in both directions between Weber Road and East Cherryville Drive and replace approximately 10,000 feet of guardrail, upgrade 8,000 feet of median cable barrier and replace signs, striping and rumble strips in the area to maintain safe travel.

Typical traffic impacts

Traffic impacts throughout the project will include single lane, double lane and shoulder closures on U.S. 26 both day and night. Travelers should expect up to 20 minute delays at times. There will generally be no lane closures during daytime hours from Friday morning to Sunday afternoon to accommodate weekend traffic. People biking, walking or rolling on U.S. 26 will use a signed detour on Cherryville Drive and Baty Lane through the project area.

Project schedule

Work began on this project in June and we expect to complete the work by the end of 2021.

Happy Independence Day!

by Liz Warren

                      Happy Independence Day!

Happy Independence Day! | MyKCM
 

Wishing you a happy and safe Independence Day.

In Today’s Market, On Mt. Hood Listing Prices Are Like an Auction’s Reserve Price

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price | MyKCM
 

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price they could offer and still get the home. As a result, the listing price was generally the ceiling of the negotiation. The actual sales price would almost always be somewhat lower than what was listed. It was unthinkable to pay more than what the seller was asking.

Today is different.

The record-low supply of homes for sale coupled with very strong buyer demand is leading to a rise in bidding wars on many homes. Because of this, homes today often sell for more than the list price. In some cases, they sell for a lot more.

According to Lawrence YunChief Economist at the National Association of Realtors (NAR):

“For every listing there are 5.1 offers. Half of the homes are being sold above list price.”

You may need to change the way you look at the asking price of a home.

In this market, you likely can’t shop for a home with the former approach of negotiating to a lower price. In today's Mt. Hood market nearly every new listing has five or more offers within days. It's happening everywhere with an average of 5.1 offers on any new listing.

Due to the low supply of houses for sale, many homes are now being offered in an auction-like atmosphere in which the highest bidder wins the home. In an actual auction, the seller of an item agrees to take the highest bid, and many sellers set a reserve price on the item they’re selling. A reserve price is the minimum amount a seller will accept as the winning bid.

When navigating a competitive housing market, think of the list price of the house as the reserve price at an auction. It’s the minimum the seller will accept in many cases. Today, the asking price is often becoming the floor of the negotiation rather than the ceiling. Therefore, if you really love a home, know that it may ultimately sell for more than the sellers are asking. So, as you’re navigating the home buying process, make sure you know your budget, know what you can afford, and work with a trusted advisor who can help you make all the right moves as you buy a home.

Bottom Line

Someone who’s more familiar with the housing market of the past than that of today may think it’s foolish to offer more for a home than the listing price. However, frequent and competitive bidding wars are creating an auction-like atmosphere in many real estate transactions right now. Let’s connect today so you have a trusted real estate professional on your side to provide the best advice on how to make a competitive offer on a home.

Homes Are Selling Fast!

by Liz Warren

Homes Across the Country Are Selling Fast 

Homes Across the Country Are Selling Fast [INFOGRAPHIC] | MyKCM
 

Some Highlights

  • In today’s whirlwind real estate market, houses are selling at astonishing speed – from sea to shining sea.
  • Four years ago, the average house spent 39 days on the market. Two years ago, homes were on the market for about 24 days. Today, that number has dropped to just 17 short days.
  • If you’re looking to sell your house quickly and on the best possible terms, today’s market can’t be beat. Let’s connect to discuss how to secure a speedy, top-dollar sale for your house.

The Great Climb Fundraiser

Support us by sponsoring, donating, or participating in the journey.  Join our Mt. Hood getaway raffle!

Learn more: The Great Climb event on Facebook

Or email: [email protected]

Donate via GoFundMe: https://gofund.me/a6fd5cd3

upport us by sponsoring, donating, or participating in the journey. Join our Mt. Hood getaway raffle!

Learn more: 

 

Real Estate is Mt. Hood's Best Investment!

by Liz Warren

Americans Choose Real Estate as the Best Investment 

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC] | MyKCM
 

Some Highlights

  • For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans.
  • Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history.
  • Let’s connect if you’re ready to make real estate your best investment this year.

Good News for Sellers on Mt. Hood

by Liz Warren

Buyer Competition Is Good News

for Sellers on Mt. Hood

Buyer Competition Is Good News for Sellers [INFOGRAPHIC] | MyKCM
 

Some Highlights

  • With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast.
  • According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four offers from buyers and they’re selling in less than three weeks.
  • If you’re ready to make a move, let’s connect today so you can sell your house while the market is in your favor.

Lots Of Homeowner Equity!

by Liz Warren

Displaying blog entries 51-60 of 363

Syndication

Categories

Archives