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Lake Oswego Real Estate Why Your House Is Not Selling

While it is still a seller’s market in most of our Portland metro areas, there are still many houses not selling.

Regardless if a market is “hot” or not, there are some basics that come into play regardless of when you sell.  Perhaps you have heard this before, getting your house to sell is 80% price and 20% marketing.  No amount of marketing can overcome a bad price.

In addition, here are some other tenets that we as REALTORS® know to be true:

How The Real Estate Market Reacts To Your Listing Price

  • 0 Showings First 2 Weeks on the Market

This indicates a listing price is at least 3-5+% or greater than the true market value. The price should be reduced by 3-5+% no later than 2 weeks after listed, based on showings by REALTORs’® and the agent’s feedback to narrow the gap between list price and market value.

  • 2-3+ Showings a week – Offer after 8-12 showings

This indicates that the listing price is pretty close to the market value.  However, a house should generate 1-2 offers every 8-10 or so showings if your home is priced correctly.

There is a lot that comes into play to getting your home sold. Give me a call and I can discuss ways we can work together to reach your goal.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

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Lake Oswego Real Estate Portland Energy Score

New Year – New Laws (Post updated 1/23/2018)

In my Fall 2017 real estate newsletter that I send to my clients, Jung’s Journal, I wrote about the new Portland Energy Score.

While it does not as yet affect Lake Oswego, if you own a single-family home, or townhouse as your primary resident or rental in Multnomah County (City of Portland city limits) this is something you should know about and you will need to comply with the new law. Other cities in Oregon (Hillsboro) are currently considering this new law too, however, as of this time, Lake Oswego is not one of them (but most likely Lake Oswego will at some point).  In addition, there are other cities such as Berkley, CA, Boulder, CO, Austin, TX. and others throughout the USA who also have this law.

Portland Energy Score

The State of Oregon passed a mandatory law that will affect all Portland property owners,

BEGINNING ON JANUARY 1, 2018, sellers of single-family homes (and townhouses) in Portland, Oregon are required to obtain and disclose a Home Energy Report estimating the energy-related use, associated costs, and cost-effective solutions to improve the home’s efficiency.

All homes advertised for sale starting on or after January 1st, 2018 will need to have a Home Energy Score.

What Is An Energy Score?

The energy score is based on the amount of energy the home uses and is not based on personal usage. How the score is determined will depend upon how efficient your furnace is for example, are there any air pockets in your home where heat can escape, are the vapor barriers of your windows cracked or damaged?

The seller is responsible for the cost of the inspection and not the buyer of your house. The report is good for 8 years unless you decide to complete any repairs listed in the report.  You can then and should have a new report filed,  If you sell your house 2 years after you complete any of these repairs, the report must be updated.

Sellers Are On The Hook

You can’t escape not having this report completed as you will be reprimanded.  If you don’t have the report done within the first 90 days of putting your home on the market for sale, you will be fined, then fined again 180 days after that etc. Energy reports for all houses, including yours, will not be posted on the Portland maps site.

Here is what the Home Energy Score rules say:

“Listed publicly for sale” or “publicly listed” means the act of listing the covered building for sale on the real estate market whether publicly by printed advertisement, internet posting, displayed sign, or through a private database intended for use by realtors or buyers with the purpose to identify and compare real properties for purchase.

Any home which is on the market through advertisement, internet posting or displayed sign anywhere where other people of any category (public, other realtors, etc.) might see it, in 2017, does not have to have a Home Energy Score on January 1st.

Important to keep in mind, however, if a home advertised in 2017, is taken off the market for a period of time and re-advertised in 2018, this will trigger the requirement for a Home Energy Score. It must remain continuously for sale/listed to NOT be subject to the ordinance.

JUNG’S JOURNAL

If you would like more detailed information regarding this new energy score and what you need to do to comply, I would be happy to send you my November 2017 newsletter explaining everything. Or, if you have a question, you can always call me at 503-804-9685. Or here is also an advisory document with even more information.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

The other day in my Google Reader one of the blogs I subscribe to had this as a lead-in headline: Is Your Realtor Doing Her Job?https://lakeoswegorealestateblog.wordpress.com/

The only thing I saw on the blog was a picture of the house and the price. However, that was enough to get me thinking and ask this question:

Do sellers think their job is over once they list their house with a Realtor®? Do sellers just “expect” their house will sell once it’s listed with a Realtor® without continuing the work required and necessary on their end to get their house sold?

Listing And Selling Your Home Is A Two-Way Street

Listing and selling your house is a two-way street and doesn’t stop once you place it on the market. It is a relationship that runs both ways. We are in a partnership together. I need to do my job as your Realtor® but you also need to do your job as a seller. If a house doesn’t sell, it always seems to be the Realtor’s® fault. If there are no showings or no offers, we always seem to get blamed. So what is the seller’s job and/or responsibilities in getting their house sold?

Seller Responsibilities To Get Their Home Sold

  • Did you do all the necessary repairs, prep work, and improvements recommended by your Realtor®? Did you clear out all the clutter? Is there a lawn maintenance schedule arranged?
  • Did you agree to the pricing strategy presented to you by your Realtor®? Did you start the listing at the Realtors’® recommended price? Have you been open to continuously lowering the price as the real estate market changes and when your Realtor® suggests there should be a price reduction? Have you agreed to a pre-determined price reduction schedule?
  • Are you offering a full commission?
  • Are you offering additional terms to open the availability to different buyer financing? Are you willing to pay closing costs, if and where allowed? Are you willing to sell Federal V.A., FHA? Can you offer contract terms?
  • Did you disclose to your agent whether you are underwater? Having financial difficulties? Facing foreclosure or a possible short sale? Encumbered with liens?
  • Is your house accessible and easy to show? Do you vacate the house when it is being shown? Is there a lockbox on your house? A for sale sign? Is the house in good condition when shown?
  • Is there a Home Warranty Protection Plan being offered to the new buyer? Have you made a full and honest disclosure about the condition and features of your house and property?
  • Are you willing to do repairs prior to closing should any be required?
  • Will you be able to offer a quick closing? Quick possession after closing? Did you eliminate any contingencies from your listing such as: “This listing subject to seller finding a suitable property”?
  • Are you in constant conversation or contact with your Realtor®? Do you make yourself available to receive your Realtors® phone calls, emails, text messages, letters, information? Are you likewise in communication with your Realtor® relaying any information, changes in your financial and personal circumstances or situation?

These are only a few things I thought of quickly as I was writing this post and certainly not a complete list. Your job isn’t done just because you’ve entrusted your house with a Realtor®. We’re working together to get your house sold and it requires work and full cooperation from both of us.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

Lake Oswego Real Estate Days On The Market To Sell

No doubt you have heard our local real estate market is “hot” and there are some Lake Oswego homes that are getting sold within hours or just a few days.  There are areas, neighborhoods, and subdivisions where that is definitely happening especially due to the low inventory of houses for sale. However, on average, how long does it take to sell a house in Lake Oswego?

There are currently 24 recognized neighborhood associations within the City of Lake Oswego. Each neighborhood has a different number of days on the market to sell a home.

As an example, here is the average number of days on the market for only 4 of those recognized Lake Oswego neighborhoods:

  • 2016 stats – First Addition – 83 days on the market
  • 2016 stats – Westlake – 28 days on the market
  • 2016 stats – Palisades – 56 days on the market
  • 2016 stats – Evergreen – 46 days on the market

Lake Oswego Real Estate Market

As you can see from the above, the average number of days on the market to sell varies depending on the neighborhood. The “average” market time or “days on the market” for all of the Lake Oswego/West Linn area is currently 89 days based on our latest RMLS™ Market Update for March 2017.  Which Portland metro real estate market has the shortest time to sell? NW Washington County saw 36 days on the market.

Your Area’s Market Time To Sell

Your street, your neighborhood, your subdivision might have a different market time than the overall area in which you live. One neighborhood might be selling quickly in Lake Oswego while other neighborhoods might not be for many reasons i.e. location of schools, parks, near retail, transportation, etc.

What Is Considered Comparable?

An average home for your neighborhood might be a 3 bedroom, 2.5 bath house, 2 car garage with 2000 sq. ft. and all the houses are similar to yours. Your house then would be “average” for the neighborhood. But if you have a 2 bedroom, 1 bath, and a single car garage in that same neighborhood, your house could take longer to sell and isn’t considered average for your neighborhood. Likewise, if you back up to a busy street or commercial area and none of the other houses do, then again you’re not what is considered average and the time to sell your home would be different.

Although the above is a guide to what is happening in our Lake Oswego real estate market, it isn’t a definitive time-frame for when your house will sell. To get a complete picture for when your house would sell, I can prepare a market analysis for your home to show you what’s happening where you live.

 

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

Lake Oswego Real Estate On-Line Home Valuations

As a homeowner looking to sell, I am sure you have visited such on-line home valuation sites such as Zillow, Trulia or others only to be shocked at the value of your home.

While most potential Lake Oswego home sellers are pleased when the values appear higher than they expected, many on-line valuations come in far lower.

ON-LINE VALUATIONS

Estimating a home’s market value is far from an exact science. What these sites attempt to do is provide greater transparency to homebuyers and sellers by making data derived from public records, more…public.

They publish what you paid for your home and how much you pay in taxes. Many have satellite
views so accurate they can spot your cat laying on the front porch.

Home Valuation Sites

How do they do it? Home valuation sites contract with major title companies to obtain county tax roll data. All property is registered with the county for taxing purposes. They also find ways to become members of local multiple listing services, which are either subsidiaries of real estate associations or
owned by local real estate brokers. Thus, giving them access to listing data.

In our Lake Oswego real estate market, our RMLS™ does not provide Zillow or Trulia with listing information.  We have no contract with Zillow or Trulia to provide such information.

Between tax roll data and listing data, home valuation sites apply their own secret sauce, or algorithm to come up with “zestimates” or approximate values of what homes are worth. Sometimes the results are spot on, but they can also be terribly inaccurate.

First, transaction data has to be recorded with the county, which could take weeks. But, what alters the algorithm most is those properties not currently on the market that are included in the data. The algorithms can’t possibly show whether or not a home has been updated, how well it’s maintained, or
esoteric values such as curb appeal and views.

For that reason, on-line valuations should be used only as one of many tools to estimate a home’s value. And, since our RMLS™ does not provide such information, Zillow once again does not have an accurate or complete picture of your home.

Real Estate Agents Are The Boots On The Ground

A real estate professional I know the market, your neighborhood and what is listed/pending and sold.  Our RMLS™ has information updated 24/7 that shows the lasted activity for your neighborhood so I can prepare a comparative market analysis (CMA).  Not only are the statistics almost instantly obtainable through our RMLS™, but I have either seen the comparables or I can go look at the comparables.  In addition, I can graph the trends, and see if the neighborhood is increasing and by how much.

No on-line valuation can beat my “boots on the ground” for an accurate evaluation of your home’s value.

 

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

It is getting to look a lot like Christmas, especially since all the stores in Lake Oswego have had their Christmas decorations out on their store floors in mid-October.

Selling Your Lake Oswego Home During The Holidays

The question I am always asked at this time of year from sellers is whether or not they should decorate their homes for the holidays when selling.

10 Tips To Sell Your Lake Oswego Home During The Holidays

The holiday season from November through January is often considered by some to be the worst time to put a home on the market. While the thought of selling your Lake Oswego home during the winter months may dampen your holiday spirit, the season does have its advantages: holiday buyers tend to be more serious and competition is less fierce with fewer homes being actively marketed, especially with our low inventory here in our Lake Oswego real estate market, as well as the Portland-metro real estate markets.
During my many years as a Lake Oswego Real Estate Broker, December and January were some of my best and most active months selling homes.
First, decide if you really want to sell. Once you’ve committed to the challenge, don your holiday attire and follow these tips (some are from HGTV Front Door).
  1. Deck the halls, but don’t go overboard. Homes often look their best during the holidays, but sellers should be careful not to overdo it on the decor. Adornments that are too large or too many can crowd your home and distract buyers. Also, avoid offending buyers by opting for general fall and winter decorations rather than items with religious themes.
  2. Hire me as your Real Estate Broker.
    That means I will work hard for you and won’t disappear during Thanksgiving, Christmas or New Year’s and will go above and beyond to get your home sold. This will ease your stress and give you more time to enjoy the season.
  3. Seek out motivated buyers.
    Anyone house hunting during the holidays must have a good reason for doing so. When you work with me as your Real Estate Broker, I will target buyers on a deadline, including people relocating for jobs in our area, investors on tax deadlines, college students and staff, etc.
  4. Price it to sell.
    Pricing your home correctly at the “get go” is one of the most important decisions you can make.  I will prepare stats and comps similar to your home, to help you achieve your goal in the shortest amount of time, at the highest price.
  5. Make curb appeal a top priority.
    Our trees are now without their leaves, and maintaining the exterior of your home becomes even more important. Bare trees equal a more exposed home, so touch up the paint, clean the gutters and spruce up the yard. Keep buyers’ safety in mind as well by making sure stairs and walkways are free of moss, snow, ice and leaves. Condition and curb appeal matter no matter how “hot” our Lake Oswego real estate market is.
  6. Take top-notch real estate photos.
    When the weather outside is frightful, home buyers are likely to start their house hunt from the comfort of their homes by browsing listings on the Internet. My marketing plan consists of having professional photographs, virtual tour and a video taken.  A first impression by offering lots of flattering, high-quality photos of your Lake Oswego home is an important step in getting your home SOLD. If possible, have a summer or spring photo of your home and/or garden available so buyers can see how it looks year-round.
  7. Creating a video tour for the Web.
    You’ll get less foot traffic during the holidays thanks to inclement weather and vacation plans. As indicated above, I hire a professional to take a video tour and posting it on the Web may attract house hunters who don’t have time to physically see your home or would rather not drive in ice or snow.
  8. Give house hunters a place to escape from the cold.
    Make your home feel cozy and inviting during showings by cranking up the heat, playing soft classical music and offering homemade holiday treats. When you encourage buyers to spend more time in your home, you also give them more time to admire its best features.
  9. Lots of Available Financing.
    Interest rates are still low and there are many forms of financing.  Cost estimates to purchase your home will be displayed so buyers can see what types of loans are available and how they can afford your home. As a buyer, Pre-approval is an absolute must before deciding to purchase.
  10. Relax — the new year is just around the corner.
    The holidays are stressful enough with gifts to buy, dinners to prepare and relatives to entertain. Take a moment to remind yourself that if you don’t sell in 2016, there’s always next year, which, luckily, is not that far away. During the Winter months, here in our Lake Oswego real estate market, many companies transfer their employees to new jobs.  Those buyers are motivated and will be out looking to purchase no matter the weather or holiday.

Copyright © Betty Jung

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

Curb_Appeal

Lake Oswego Real Estate Condition Still Matters

Picture From Better Homes and Gardens

Fortunately for sellers, houses are selling quickly in Lake Oswego and in our Portland metro areas.  We are still in a sellers’ real estate market. And, in many cases, Lake Oswego homes are selling at list price, or higher, with multiple offers.

That doesn’t mean, however, if you are selling your Lake Oswego home you shouldn’t be paying attention to the condition of your home prior to putting your house on the market for sale and complete the necessary repairs and improvements.

Appraisers are now looking not only at the condition of your home, but look to see if you completed and filed for the necessary permits, does the sq. ft. match what the tax assessor has on record, what areas of your house were unfinished originally and is now heated living space?

Condition Matters

Condition always matter. There have been some houses I’ve shown that have been neglected and have had repair issues, yet they have sold.  Did they sell for the highest and best price?  I don’t know, but I do know my buyers didn’t make offers on several houses because of the condition, and/or lack of attention by the sellers.

Granted our real estate market might seem like 2006 when all you had to do was put a sign in the yard and your house sold, but I have been surprised at the lack of repairs/updates sellers are neglecting during this real estate cycle.

Paying Attention To The Details

  • In one case, we walked up to the home and there was moss and pine needles on the roof, gutters were full of debris, weeds in the lawn and moss on the drive-way and steps.  I know it is Summer, and now is the best time to take care of these repairs if you want to command a high price. These issues should be taken care of before you put your house on the market.
  • When showing houses, I have a tendency to look up – at the roof, the ceiling, etc.  Another house had water stains on the ceiling and wall. Of course, we don’t want you to “hide” any problems, but apparently this repair had been made but the residue of the damage was still evident. Again, this causes buyers to hesitate and question what if anything else is wrong with the house and if there is still damage.
  • Clutter – my word, lots of clutter out there.  Your collections, unfinished projects, don’t help sell your Lake Oswego home.  
  • And, your home needs to be clean.  It should shine and be better than the competition if you want to get a good price. 

Sellers Don’t Get Lazy

I am hoping sellers don’t get lazy in this hot Lake Oswego real estate market and they will do the work necessary to get their home  sold at a good price. Sometimes it doesn’t take that much effort or money and you will actually net more than you would have, had you not taken care of those necessary repairs.

You can check out my Pinterest boards for ideas on remodeling, cleaning, curb appeal, decorating etc.

Hot real estate market or not, condition still matters to buyers.

 

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2016. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Lake Oswego Real Estate Preparing For A Hot Summer

Although we had the wettest Winter with record rainfall this past year, we are now experiencing warmer than usual, and record-setting temperatures.  We have been seeing 20 degrees or higher than we normally see just this past week and we have a long way to go before we hit the heat and high Summer temperatures.

Many of us gardeners have been jumping up and down for joy waiting for a dry spell so that we could get our hands dirty and work in our yards. And for some of us, we are always dreaming of a maintenance-free yard.

During the past several Summers, when we hit high temperatures, I never watered my plants, as I try to conserve.  My feeling has been that with such wet Winters, my plants would sustain themselves.  Although I have lost a few plants, I long to plant more natives in my yard to support wildlife habitat, conserve water and reduce the need for pesticides and fertilizers.

Native Plants For The Willamette Valley

Songbirds, bumble bees, butterflies and other beneficial bugs attracted to native plants are not just fun to see.  They fight garden pests, pollinate food crops and improve the soil.  In addition, planting native plants thrive without added water or those fertilizers and pesticides so many of use don’t like to use, or don’t use.

Where To Find Native Plants?Native_Plants

Do you want to know which plants are native to our region?  There is an excellent handbook than can be downloaded at oregonmetro.gov/native plants for residents of the Portland metro area or you call 503-234-3000 to obtain a copy. There are many other suppliers of this handbook that can be found at the above website where you can also obtain a copy.

Another great place to obtain information is from the Clackamas County Master Gardeners if you have questions, which is where I obtained my Native Plants handbook while attending a recent home improvement show.

If you are planning an extended trip, or if you are thinking of selling your home this Summer, it is also important that plants don’t die or dry out. Those could start a fire if planted too close to your home, plus you always want to assure your home has that “curb appeal” while it is for sale.

 

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate Copyright 2008-2016. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws

 

 

Lake Oswego Real Estate For Sale By Owner Sellers

Lake Oswego For-Sale-by-Owner (FSBO) Sellers

Are you thinking of selling your home without the aid of a REALTOR® this Spring?  Here are some of the latest stats regarding how many FSBO sales are successfully selling their own homes.

National Association of REALTORS® Profile Of Home Buyers And Sellers 2015

Only eight percent (down from nine percent) of recent home sales were FSBO sales. This is the lowest share recorded since this report started in 1981.

The median age for FSBO sellers is 54 years. Seventy-seven percent of FSBO sales were by married couples that have a median income of $104,100.

FSBOs typically sold for less than the selling price of agent assisted homes; FSBO homes sold at a median of $210,000 (up from $208,700 the year prior), yet lower than the median of all homes at $245,000.

All FSBO homes typically sold in less than two weeks—often because homes are sold to someone the
seller knows.

A Market Evaluation For Your Lake Oswego Home

You might be surprised at the market value of your home in our current real estate climate.  It would be smart to use the service of a REALTOR® to assist you.  Typically, more money is made, even after paying a commission, when you have a REALTOR® sell your home for you.  In addition, unless you are up-to-date about which forms are required, know how to price your home, the real estate laws in your State, and all the marketing an agent does to get your home sold, working with a real estate agent would be a wise investment.

 

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate Copyright 2008-2016. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws

Lake Oswego Real Estate 5 Inspection Problems Sellers Should Avoid

Are you looking to sell your Lake Oswego home this Spring?  In order to have a smooth transaction, here are 5 inspection issues you might want to avoid.

5 Inspection Problems Sellers Can Avoid

The home inspection is perhaps the rockiest phase of a home purchase because the issues that arise could scare buyers off. But there are typical problems that sellers can be proactive about repairing in order to save the deal. Realtor.com® recently highlighted five of these problems and what sellers can do about them:

INSPECTION PROBLEMS TO AVOID

1. Damp basement: Seepage into the basement could lead to flooding. Small cracks or a foundation wall could cause groundwater to enter in. A basement waterproofing contractor can provide a quote on how to quickly repair any minor problems.

2. Faulty wiring: Home inspector Reggie Marston told realtor.com® that he will often find “under-grounded fixtures, spliced wires not terminated in a proper electric box, receptacles wired backward, and improper breakers in the electric service panel.” An electrician can help sort out and resolve any potential electrical issues.

3. Leaky roofs: A leaky roof can eventually cause mold to form. Even small leaks can become more troublesome if they’re not repaired.

4. Amateur workmanship: DIY jobs by the home owner can cause lots of problems, too. “With plumbing, the owners will install the toilet but don’t tighten it securely to the floor,” says Marston. “I’ll find a toilet’s so loose that I counsel my client it should have a seat belt installed so nobody falls off!” For home owners who have tackled DIY projects, they may want to hire a professional to double-check their work prior to putting the home on the market.

5. Poor maintenance: Home owners who didn’t do proper upkeep of the home may find that several issues surface during a home inspection. “All components in a residence require some type of maintenance,” Marston told realtor.com®. “Water heaters as well as heating and air-conditioning systems should be serviced yearly. Caulk tubs and showers to prevent water leakage. Frequently remove and clean stove exhaust fan filters.”

Source: “How to Conquer the Huge Problems Found During Home Inspections,” realtor.com® (March 8, 2016)

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate Copyright 2008-2016. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws

Contact Betty Jung

Betty Jung, Broker
REALTOR®
CRS, GRI, ABR, SRES, CNHSS

MORE Realty, Inc.
14945 SW Sequoia Parkway, #150
Portland, OR. 97224

503-804-9685 Cell

or email:betty@bettyjung.com

"Selling Real Estate Since 1978. There Is No Substitute For Experience!"

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