AREA REAL ESTATE NEWS & MARKETING TRENDS

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 22, 2021

Fun Thanksgiving Activities

We thought that it would be fun to share some great Thanksgiving activities to try and bring into your family this holiday season. It’s hard enough getting the whole family together as it is, but one of the hardest things is getting everyone to take part in an activity while you're together. Most often than not people are scattered in different rooms of the house either watching football or talking in another room.

Here are a couple of great activities to bring everyone together for some laughs.

Rip It Up

The rip it up game entails one piece of paper per player, and the challenge of it is to hold the paper behind your back while tearing it to pieces to shape a turkey. This is a timed event so setting the timer for around a minute puts the stress of completion higher. Before you begin the game assign a judge to declare the best-shaped turkey.

Pumpkin Artist

This is another game that will make everyone burst into laughter. Pumpkin artist consists of taking a hardback book and placing it on your head along with a piece of paper on top. You must take a crayon, and try to draw a pumpkin while the book and piece of paper are on your head. Not only is this challenging, but hilarious to watch someone trying to complete this task.

Setting Up The Christmas Tree

I know this sounds premature to set your Christmas tree up during Thanksgiving, but this year no rules seem to apply since people already have the full gamut all done before we even hit Thanksgiving. This is not only a great way to get everyone to partake in an activity, but usually, the homes that you have Thanksgiving in are also the ones that you have Christmas at. You are probably not going to have another chance to have everyone together before the end of December again.

Craft A Family Tree

Getting an outlined tree on a piece of paper with everyone’s names trickled down throughout the tree is such a cute, sentimental piece for everyone to do. Getting light-colored paint for people's thumbprints to be the leaves is a great piece to have hanging on the wall.

Dirty Turkey

Just like white elephant, dirty turkey is along the same lines. Setting a price limit will give everyone a good range to stay in or choose to do something you want to give away in your home to add a little extra laughter.

Thanksgiving is all about family, and getting together to celebrate what we should be thankful for. Not just coming together for all the food. We should remember that we don’t get to see everyone all the time and that we should appreciate the moments that we do have.

Hopefully, a couple of these games will get everyone to take part in something collective and fun.

Happy Holidays From The Sherri Smith Team!

Posted in Holiday Fun
Oct. 18, 2021

Fall Home Prep List

Fall Home Prep List

During this time of the year pumpkin spice lattes and home defects became more common. Yes fall is great with it's chilled mornings, and beanie covered heads but can be disastrous for your gutters, pipes, and heating systems if not maintained. 

Here is a couple things to keep in mind this fall when you are going around your property trying to prep it for frost bitten mornings or lawn soaked evenings. 

1. Clean your gutters 

Properly cleaned gutters can make the world of difference of properly flowing water or a damaged interior that the area starts to become rusted/ rotting. Making sure that your down spouts, and vents are clean of leaves or branches is important to your homes structural health. Moss build up can also occur if your roof, and gutters are not properly routinely maintained. Moss causes moisture build up on the roof causing a whole list of potential issues. Making sure these are checked, and cleaned can make a difference in repair bills. 

3. Inspect your roof

Inspecting your roof goes along with checking your gutters. A new roof can cost thousands of dollars so making sure the routine checks of limbs, moss, and making sure the shingles haven't been damaged is a very important task. 

4. Cover faucets from freezing temperatures 

Covering faucets before the colder months hit are also essential to the check list. Having a burst pipe or your water becoming too frozen at the faucet head to use can be a huge inconvenience if you need it in a timely manner. Undoing your hose, and wrapping your faucet will help with those frosty days. 

5.Check your furnace

Checking your furnace filter can minimize increasing your utility bills, and keep your home at a comfortable temperature. Either vacuuming or washing filters can help clean some of the debris out if you don't have to entirely replace the filter. 

6. Inspect fireplace 

Inspecting other heat sources such as a fireplace that hasn't been used in a couple of months is also important. You might just rotisserie a bat if you haven't check to see if your chimney is clear. Scheduling a chimney cleaning or having someone come out to service other heat sources in your home could avoid a chilly night when one either stops working or your chimney has unwanted visitors living in it.  

Hopefully these couple of tips help during the colder weather this year. Enjoy your cup of coffee while sitting on the porch, and not worrying if you wrapped that faucet head. 


The Sherri Smith Team! 

Posted in Home Tips
July 27, 2021

Tips For Selling Your Home

We thought we would share some great tips that we found to help sellers organize themselves during the process of listing their homes. 

#1 Empty Storage Space 

Storage is a huge component when buyers are looking at a home. They need to know if there is enough storage area for the things that they have. When the closets or storage space in your home is filled with your items it might seem too cramped for the things that they have. We suggest taking out the belongings that you don't need daily and storing them in a storage unit momentarily or someone you know who doesn't mind a bunch of boxes in their space.  

#2 Light It Up 

Who likes dark and gloomy rooms in your home? Not a lot of people would raise a hand if that question came up. This is why we suggest arranging/ change things in your home while you are in the process of selling your home. For instance, if you have drapes, shades, or dirty windows we would suggest opening those shades or drapes up cleaning your windows to hopefully bring in some more light. Along changing the wattage on your light bulbs can make a world of difference for the brightness of the home.

Another major component that restricts light from coming through is trees and bushes. If you have overhanging limbs or bushes by the windows that cover/rub on the home. Not only would it be good to trim them away from the home to keep limbs from clogging your gutters and damaging your home in a storm but it will open the space up to allow more light in. 

#3 Conceal the Critters 

Even though we love our fur-babies not everyone is a dog or cat lover/any exotic animal you might see as a pet. To someone else that might be deterring to smell a litter box, get pet hair on them, or have cats rubbing on their legs. We know that not everyone has the luxury to pick their pets up at every beckoning call when someone wants to view your home. What we suggest is trying to keep your house upkeep during the time you have your house listed, but either schedule specific days to where you can either take your pet to a sitter or remove it from the home for a little bit.

Your dog might be the sweetest thing ever in your eyes. But, to a person that might not be the most inviting, you don't want to welcome a problem into your home by leaving your dog to judge them with either a lick or a bite. 

#4 No Massive Upgrades

Sometimes the little things go a long way. That isn't just a comment to be made for relationships but for when you are listing your home as well. The chance that a massive upgrade is going to increase your property value more might not be the case. Everyone has different styles and opinions. Something that you might see as an upgrade might not be the buyer's preference as well. It could be a deterring factor to them. 

When we say little things it's referring to touch-up paint, replacing missing handles, patching holes, sanding & repainting damaged spots, leaking faucets & clogged drains. A real eye-catching improvement that can improve the eye appeal is the front yard. Put your money to good use by power washing the front to remove dirt & cobwebs, put in new bark or gravel to your flower beds. Even putting flowers in the front makes a home look more inviting. 

#5 Being Ready To Show 

This might be the most important tip. Being ready for when buyers come takes some of the other tips into consideration as well when we are talking about this, but this is the main question. Would you leave dishes in the sink, clothes in the bathroom, your items on the counter if you have family or friends coming over? Probably not right. You would want to have everything picked up, and put away every day when you have your home listed. You just don't know when someone might want to see it. It's uncomfortable enough having strangers in your home, but to leave personal items such as underwear on the floor might be embarrassing. 

Not that we are saying to eat on paper plates & plastic forks till your house sells just not everyone would want to see what you had for breakfast or the color preference of your undergarments. 

 

Hopefully, this helps our sellers!

 

- The Sherri Smith Team 

 

Posted in Shared Articles
April 16, 2021

Just A Good Article To Share

Tips for Budgeting and Saving for a House Down Payment

Prior to buying a home, you need to assess the amount and source of your down payment funds and check in with a lender of choice to determine what kind of loan is best for you. You should work on getting your credit score as high as possible and create a reasonable budget so you can save the needed down payment funds.

There are down payment assistance programs that will help keep the size of your down payment to only 3.5 percent of the purchase price. In some cases, with lender-required education, there may be no down payment required.

Plan on buying a home that fits your savings plan of an amount equal to 3.5 percent of the price. You can always move up to a larger home later as your equity grows.

It is not uncommon for all or part of a down payment to be gifted from a family member. This option may allow you to buy a home sooner than expected because your funds are immediately available.

To help save money to buy a home, have your bank set up an automated transfer of at least 10 percent from every paycheck to a separate account that is reserved for your down payment funds. Have your budgeting plan include reducing some of your more luxurious indulgences. Eat out less often, shop for more affordable getaways and evaluate how much you are spending on items you could really live without.

If you can find a way to increase your income, even if only temporarily, your down payment fund will grow even more quickly. You may have a hobby that could be a marketable commodity, or freelancing your skills could supplement your income.

Reach out to learn how you can put yourself in the best possible position to purchase a home.

Posted in Shared Articles
March 31, 2021

Activities To Do During Covid

Covid has played a huge part on peoples activity levels decreasing. I mean the main topic that gets brought up is the covid pounds. We thought it would be fun to pick a couple activities to occupy your time with during this weird time & give you great spots in Oregon to go to. 

Walking, Running, and Hiking 

1.Tamolitch Blue Pool via McKenzie River Trail. This short portion of the McKenzie River National Recreation Trail...

2.Cape Horn Loop Trail. This is a nice hike along the north shore of the Columbia River with great views. This loop...

3.Latourell Falls Loop Trail. As of September 2020, reservations are required to hike here.

Fishing Spots 

1.Fall River. A few miles south of Sunriver, the Fall River flows gin-clear through lodge pole and ponderosa pine forests.

2.East and Paulina Lakes. Paulina Lake in Central Oregon is a fisherman’s paradise. ...

3.Crooked River. The Crooked runs through a dramatic canyon south of Prineville, about 25 miles east of Bend.

Kayaking & Boating 

1.Willamette River. The Willamette River near Portland, Oregon, is a major tributary of the Columbia River and cuts through many large cities in Oregon, including Portland.

2.Rogue River. Join Arrowhead Adventures on a guided kayaking trip through the Rogue River near Grants Pass, Oregon.

Skiing & Snowboarding 

1. Mt. Hood Meadows

2. Timberline Lodge

3. Mt. Hood Skibowl

4. Mt. Bachelor Ski Resort 

Virtual Workouts 

1.YOGA. If you have a place in your house where you can fit a yoga mat.

2.MOBILITY. The benefits of mobility work include reduced risk of injury.

3.PILATES AND BARRE. Of course, most people don’t have a Pilates reformer in their home.

4.RUNNING. “Running is the ultimate virtual workout,”

These are a great couple of fun things to do if you feel like you don’t have anything to do.

Posted in Covid Activities
Jan. 19, 2021

Moving Tips

Do you struggle organizing & planning for your move?  Here are some tips that can help. 

 

1. Take Photos Of Your Belongings Before Packing Them

This is an important tip when you are planning on moving into a new home. Knowing where your items were placed such as your decorations for your room & not wondering where that painting was hanging before. Putting your pictures folders on your phone for specific rooms can help organize that as well. Also if you hire movers, and they break something in the process you have proof of the item before hand in tacked. 

2. Color-Code Your Moving Boxes & Household Items

You could use different colored tape or mark the box with a specific color to categorize your items. Making it easier to distinguish which boxes are which. Going through box after box when you are moving can be a huge hassle, and can waste quite a bit of time when you are trying to find something. Color coordinating all the boxes can eliminate that issue. It would also help if you had a storage unit that you were storing items at and having to go back later on. 

3.Using Foam Pouches For Plates, Bowls, Glassware

The challenge of not breaking fragile items can be a head ace, and a half. A simple way to store those items instead of trying to find old shirt or blankets to wrap them in try a foam pouch that you can slip them into. They come in a 8 pack, and make for those hard to move items a breeze when moving. You can check the foam pouches out at this link here.

 

4.Getting Rid Of Everything 

Going through all your possessions & filtering out items that you could live without would be a good way to cut back on clutter & things that you just don't need. The moto should be if you haven't worn/ grabbed/ or really looked at it in the last six months you don't need it obviously that doesn't include possessions that you cherish. But starting a life in a new house should be in with the new & out with the old. Donate or sell the things that you don't need, and unclutter you life. 

5.Start Packing Early 

Begin packing as soon as you know it might be a possibility of you buyer or selling. This will help ease the stress when you actually have to move. It's like getting anything done early can help you do it at your own pace rather than rushing the process. It's also suppose to be a good experience rather then one you are arguing with family to pack a certain pace to meet a deadline. 

 

These are five tips to help with one of the biggest decisions you will make in life. Where do I want to live? Is this going to be our forever home? Home is where you make it! Lets make it the best & find the ways to make life a little easier. 

Posted in Moving Tips
Dec. 30, 2020

Popular Home Styles Of 2020

Each year there always seems to be new popular styles that tend to stick around awhile. These three styles were popular during 2020. 

  • All white or all grey decor - This style of home plays into the clean, and fresh look. Homes with this look tended to have all white kitchen decor from white kitchen cabinets to white counter tops. Some have said this style in particular is too sterile looking. It can make your home look fresh & clean. This has been a popular style but it has been said by designers that this look will begin to fade.
  • Farm Style - The farm style homes has been a strong trend in 2020. Here are some common elements reclaimed wood, barnboard details, big comfortable furniture, wrought iron accents, wide plank floors, vintage accessories. This style is all about comfort, and simple decorative pieces. What I have notice is that there is quite a bit of black, and white accent pieces. This style of home is inviting, and might stick around for awhile. 
  • Bold Accent Walls- Accent walls is a fun, creative way to spice up a look in a home. This is going against the grain with typical one color paint walls. Accent walls can really make a look pop when you first walk in. Here are some common accent wall ideas. 1. Large Black Entertainment wall 2. chevron styled textured wall 3. Board and Batten Design 4. Lemon Tree stencil 5. White washed walls. The list goes on. This is a bold look to have in a home, and can really make the decor tie in. 

All three of these looks are great ways to style a home. Each person has their own person style that they like, and that is what defines the individuality of people. A home brings people together, and having a well decorated home that makes people want to be there is important. There is so many ways to decorate so finding your style, and what is going to make you feel comfortable should be the number one goal.

Posted in Home Styles
Dec. 29, 2020

Food For Thought On Investment Properties

Food For Thought On Investment Properties!

 

  • Are you cut out to be a landlord? - One of the more serious questions when thinking about investment properties. Are you cut out to manage properties. Do you know how to use the contents in a tool box for fixing drywall, unclogging a toilet, their dog ate a hole through the door. What can go wrong will! Being prepared to deal with such things is important. 
  • Secure a down payment - Investment properties tend to require a larger down payment rather than primary residential purchases. Typical down percentages are around 20%. Taking that into accountability when looking for investment properties. 
  • Finding the right location- Picking the right location is everything! You want to focus in on areas that are booming, and in high demand for rentals. Cities that the populations are growing, and new business are beginning to pop up are going to be ideal areas to look for. 
  • Beware of high interest rates - Paying attention to high interest rates when applying for a loan is essential due to it potentially eating up too much of your profits. Investment interest rates can be higher than a traditional mortgage loans interest rate. 
  • Factoring in costs - When having investment properties you have unexpected costs such as a roof leak, plumbing leak, etc. Things that you didn't plan on happening, and can catch you by surprise. Setting aside 20%- 30% of your rental income for things that can be a big finical hit if you don't prepare. Yes buying that new car, new motorcycle, or even splurging on new clothes sounds great but it can add up quickly, and not help you plan accordingly to situations like these. Be mindful of setting away a emergency fund. 
  • Are Fixer Uppers a good idea? - This is a good idea if you yourself is handy, and capable of doing repairs. Major fixer upper properties can really eat away at your pockets, and become more of a financial pit than you were anticipating. Hiring contractors to do the work for you can also add up quickly so planning ahead of time on what budget you are working with, and making sure that the invest property is worth the time/ money when all said and done is important. 
  • Operating Expenses - Typical Operating expenses are between 35%-80% of your gross income. So with that being said calculating out what it is going to cost to own the rental, and then figuring out what you need to charge monthly to make a profit should be the first thought. 
  • Knowing your legal obligation - Being a rental owner knowing the landlord tenant laws is not only important for you but your renters as well. There is quite a bit of legality that goes into investment properties so understanding your tenant's right along with your obligations to them should be the first conversation. That way everyone is on the same page, and aware of the contract. 

I hope this helps to keep in perspective the risk but reward in investment properties. Is this right for you? 

July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates