First-Time Buyers Are Searching for Existing Homes This Year

First-Time Buyers Are Searching for Existing Homes This Year | MyKCM

In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 2019.

The results revealed,

“Millennials are the most likely generation to be making plans to purchase a home within a year (19%), followed by Gen Z (13%) and Gen X (12%)…Prospective buyers in the youngest two generations are primarily first-time buyers:  88% of Gen Z buyers and 78% of Millennial buyers are reaching out to homeownership for the first time in their lives.”

With a high demand from first-time homebuyers and a shortage of inventory in the current market, selling your existing home this year might be your best move. Why? Because when homebuyers begin their search, they’re not all looking for new construction. Many are eager to find a little charm and character in a place to call home – possibly yours.

In fact, according to the same study, there is a significant demand for existing homes:

“In terms of the type of home these prospective home buyers are interested in, 40% are looking to buy an existing home and 19% a newly-built home. The remaining 41% would buy either a new or existing home.”

With showing activity up among buyers and more new construction coming to market, as a homeowner, you have the opportunity to sell your existing house now and move up into a new one, or downsize into a home that better fits your current and ever-changing needs.

Bottom Line

Not all buyers are looking for a newly built house. If you’re ready to take advantage of low mortgage rates and a high demand for your existing home, let’s get together to determine how we will market the charming details of your current house to potential buyers.

Dreaming of a new home in 2020? Contact us today!

Silverton: 503.874.4666
Woodburn: 503.446.5411
Keizer: 971.339.5244

Sell Your Home Faster with the Best!

Simply The Best!
Oregon Licensed Real Estate Brokers

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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Selecting Your Real Estate Broker

Selecting Your Real Estate Broker

Having a real estate broker is like having an opinion – virtually everybody has one. And like a good tenant for owners of investment properties, good real estate brokers are gold. 

How do you select a good one? Ask your friends, family, co-workers, your title company friend, your mortgage broker, and the person next to you at Denny’s. Ask the Chamber of Commerce. Look at the signs around town – who is listing the most homes? Usually there is a reason for that. Ask around on Social Media but keep a wary eye on the responses. It is a bit funny when someone asks for a local broker with a great reputation, and a respondent gives a name from a city 40 miles away. See the first line – “virtually everybody has one.” That doesn’t necessarily mean they are putting forth the best agent for you in that local area. It might mean they are recommending their daughter, their golf partner, or someone who sends them a lot of home loan candidates. 

Our best advice? Interview a few, perhaps three. Who is on time? Who understands technology? Who listens after asking you what is important to you? Who lets you get a word in edgewise, and encourages you to wax philosophical about your real estate dreams? With which one do you feel most comfortable? Who is most candid, telling you that your $300,000 home is not actually worth $400,000 like your mom said? Which real estate broker will tell you to see a lender and give it several months of following their sage advice to get your 540 credit score up by paying all your bills on time and reducing your use of credit to 30% or less of your credit line? Which one has the most impressive, user-friendly webpage and doesn’t dabble in silly stuff on Facebook? Which one has a contemporary view of the current market, and can move easily between data and pleasantries? 

Most importantly, which one does what they say they are going to do in the timeframe they said they would do it, and with the quality they promised? Are their presentation materials professional? Did they ask you how you would like to receive the information as to the estimated value of your property in today’s market? If you asked for a one-page summary did, they give you 50 pages of glitz? If you asked for all the bells and whistles with 50 pages of glitz, did they call you and give you a verbal estimate? 

“…In the world of real estate brokers, what sets the best from the rest is relatively simple – service that at least meets if not exceeds your expectations….”

Exceed Expectation!

Testimonials are a good way to help you decide which real estate broker is the best fit for you. Most agents will have several on their web page, and if you are lucky, you may know those who “testify”!

The ideal brokerage is one that has someone there for you. Our belief is that anyone walking into one of our three offices is going to find someone that fits them like a warm glove on a cold winter day. Maybe it is the millennial who lives and breathes technology. Maybe it is the Boomer who has been successful for years and is only now discovering the power of Tweets. Maybe it is the person who genuinely enjoys working with seniors who wish to downsize or the veteran who knows what it takes to help those who serve (or served) get their homeowner dreams fulfilled. 

In the world of real estate brokers, what sets the best from the rest is relatively simple – service that at least meets if not exceeds your expectations. Candor. Someone who believes community service is a privilege and giving back to their community is simply the right thing to do. A real estate broker with knowledge of the market and what is happening in it and to it. Ethics. To us, ethics matter, and our customers deserve at least our best, every day. And a real estate broker who puts you above their commission. The good ones know that if they do these things, the money will follow but more importantly, so will the referrals and lifetime friendships. 

Contact us to get started today!

Silverton Office 503-874-4666
Woodburn Branch Office 503-446-5411
Keizer Branch Office 971-339-5244

Bledsoe Santana Team Realty LLC, Oregon Licensed Brokers

Simply The Best!
Oregon Licensed Real Estate Brokers

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Energy Saving Tips!

4 Tips to Improve Your Home and Save on Your Energy Bill

4 Tips to Improve Your Home and Save on Your Energy Bill | MyKCM

As a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive. October 2nd is Energy Efficiency Day, a perfect time to think about making some key upgrades that will improve the efficiency of your home. If you’re looking to sell your house and increase the pool of potential buyers in your market, the upgrades below are truly a must.

According with Wallet Hub,

“In the U.S., energy costs eat between 5 and 22 percent of families’ total after-tax income.”

What should you spend on utilities?

Money Management says,

“If you’re working with a budget, and trust me, you should be, your utility costs should be no more than 8-10 percent of your monthly income.”

How can you make your home more efficient?

EnergyEfficiencyDay.Org provides some handy tips that can help you improve the energy efficiency of your home. Here are a few simple ones to consider, and how to make them happen:

1. Make the Switch to LED

LEDs are a great example of how innovation and technology can make your life easier. They last at least 25 times longer and consume up to 90 percent less electricity than incandescent bulbs.

Tip: By switching five of your home’s most frequently used bulbs with ENERGY STAR® certified LEDs, it’s possible to save $75 on energy costs annually.

2. Seal Those Leaks

On average, heating and cooling account for almost half of a home’s energy consumption. In fact, all the little leaks can be equivalent to leaving open a 3-foot-by-3-foot window.

Tip: Take simple steps like caulking windows, sealing leaks around chimneys and recessed lighting, and sliding draft guards under your doors to save up to 20% on heating costs.

3. Heat and Cool Efficiently

Don’t waste money heating or cooling an empty home. Install a programmable thermostat and in colder weather schedule your home’s heat to lower when you are away or asleep and increase when you are returning home or waking-up. In warm weather, schedule the thermostat to raise the temperature when you are away or asleep, and lower it at other times.

Tip: Follow the U.S. Department of Energy recommended temperatures and be energy-efficient all year. 

4. Maintain Your HVAC System

Make sure to clean or change your furnace filters regularly. A dirty furnace filter will slow down air flow, making the system work harder to keep you warm (or cool) and costing you more money.

Tip: Consider getting a winter tune-up. Just as a tune-up for your car can improve your gas mileage, a semi-annual or yearly tune-up of your heating and cooling system can be vital to improve efficiency, saving you money and making your home more comfortable. 

Bottom Line

By making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers. Let’s get together to discuss what buyers are looking for when it comes to energy efficiency options in our area.

Need some help getting your home more energy efficient? Check out our Home Care Center to get in contact with trusted professionals!


Home Care Center

Simply The Best!

Licensed Broker in The State of Oregon


Silverton Office 503-874-4666
Woodburn Branch Office 503-446-5411
Keizer Branch Office 971-339-5244

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Fixer Upper that tiny bathroom space!

If you have a bathroom that could use a Fixer Upper face lift, check out this fabulous clip from HGTV!

Joanna Gaines and Fixer Upper have certainly shown us that they can pretty up just about anything! Here is a great video tool to help us turn our tiny bathrooms into spa like zen space.

Weather you are looking to list your home or just wanting a fresh update, bathrooms can be a key space to transform that really makes an impact on the overall impression your home makes.

We can do a free walk through of your home to give you pointers on getting show ready and prepare a home value report to aid you in pricing your home! Contact us today to set one up or click the link below to start now!

Free Home Value Report

 

Licensed Broker in The State of Oregon
Silverton Office 503-874-4666
Woodburn Branch Office 503-446-5411
Keizer Branch Office 971-339-5244

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Homer Davenport Parade!

It’s almost parade time and BST is getting ready to march ahead! We want to be a part of the fun so look for us on Saturday morning August 4th at 10:00am! We will be throwing goodies, honoring veterans and supporting Active Heroes. We can’t wait to see all those happy faces! See ya at the parade! We love you Silverton!

If you are not yet a part of this fabulous town but would like to know more click the link below to get in touch with one of our agents! We would love to help you become a part of our community!

BST Agents!


 

Licensed Broker in The State of Oregon

Silverton Office 503-874-4666

Woodburn Branch Office 503-446-5411

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Add a little “Spring” to your menu!

Spring Menu Planning

Menu planning can get stale sometimes. Here is a little help from The Food Network to give your Spring meal planning a little kick! Nothing says spring like fresh new ideas on the table! Enjoy!


Food Network-Spring!


If you are dreaming of a new kitchen to cook up new recipes, let Bledsoe Santana Team Realty help you make that dream a reality. At BST Realty we can help you navigate this market and find the perfect home! Call today or click on the link below to begin your home search!

Find a Home

Licensed Brokers in The State of Oregon

Silverton Office (503) 874-4666

Woodburn Branch Office (503) 446-5411

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For Sale Woodburn Oregon Estates – Senior Real Estate Specialist

 

Lisa Santana, Principal Broker/Owner

Senior Real Estate Specialist

(503 930-7793

Lisa@bledsoesantana.com

REALTORS® WITH THE SRES® CAN HELP YOU SELL YOUR HOME

 

Current Homes for Sale Woodburn Estates

 

 

Schedule An Appointment

There’s almost always an emotional element associated with selling a long-time home. SRES® designees are real estate agents that specialize in senior needs and can ease the transition first by talking about your reasons for selling and then exploring all the options either modifying and staying in your current home or finding a different property to be sure you find the very best housing solution.

SRES® designees use their expertise and industry knowledge to provide an honest assessment of your property and make suggestions for improving it for saleability. They may recommend hiring staging professionals who can make modifications that will best showcase your house and make it appeal to the broadest audience possible.

A Seniors Real Estate Specialist® Will Help With Pricing and Marketing Strategies

SRES® designees can also provide insight on current market conditions, determine how your property stacks up against the competition and develop a pricing and marketing strategy to sell your home quickly and for the highest possible price.

Moving Is Easier With a Seniors Real Estate Specialist®

SRES® designees can help assemble an appropriate team to ease the transition to a new property. Movers, landscapers and stagers can handle the heavy lifting. Attorneys, 1031 exchange specialists and mortgage brokers can manage the heavy paperwork.

A Seniors Real Estate Specialist® Will Help You Transition to a New City

SRES® designees can also help you find your new home locally or refer you to designees elsewhere to find property in a new city or near children.

If you’re a looking to sell your home, contact me, your local SRES® designee. I will work hard for you!   – Lisa

 

 

Woodburn Branch 1310  Meridian Dr Unit B2, Woodburn, OR 97071 (503)446-5411

Silverton Main Office: 206 Oak St, Silverton, OR 97381 (503) 874-4666

Oregon Licensed Principal Broker

 

 

 

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The Back Doors of Silverton

Silverton, like any small town, has it’s own DNA. It is as unique as the people who call it home and full of all the color and life that they bring to it. I know I am biased by my own love for this city, but I do believe in the magic of this place.

I find magic in what goes on behind the businesses that make up our fair city.  I have often walked through town enjoying the simple bustle of business going on in each building I passed, but it wasn’t until recently that I became aware of what goes on behind these buildings. We have our own cultures in each alley and back door that butts up against another back door.  You may see each other only when taking out trash or recycling boxes but your shared spaces become your neighborhood. In our little back alley you may find a line cook, a florist, a barista, or real estate broker. This made me want to look closer.

What I have found is,  these are people who care. They care about the details, the small things that make a big difference. They want to remember how you take your coffee and who your brother is. They tend to sweep more than their share of sidewalk, and shovel the snow off for their neighbor. They want to water the flowers for the business next door and ask about your daughter who is sick. They want to know you and respect that we are all doing essentially the same thing: providing local services to people where they live.

Am I looking through rose colored glasses? Maybe, but if you listen and watch a little closer I think you will see it too. The beauty is in the care taken in the mundane tasks. It shows a respect for not just our town but the people who live, work, and play here. I am proud to be a part of this culture and feel a responsibility to uphold this standard of service and care.

So next time you stroll by, come on in and say “hi”. We are as happy to sit and drink coffee with you and talk about the price of gas as we are to do business with you. I guess what I am saying is, Silverton’s  back doors look a lot like their front doors.

For more information on how you can become a part of the Silverton community contact me

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Naomi Funk, Broker

Cell: 503-509-9369

Office: 503-874-4666

Oregon licensed Broker

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Living Green

Living Green

It is St. Patrick’s Day, and I believe St. Patty himself would surely approve of the Great North West. We have enough evergreens and rolling green hills to provide all your eyes can take in. The air is fresh and clean because it’s green!

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These days there are a lot of ways to wear your green, so why not wear it a little prouder this St. Patrick’s Day and do something to make your life and environment better? It doesn’t take much to take care of our home and make a difference.

Here are 50 Cost-Efficient ways to make your home more eco-friendly from The Huffington Post

Preparing your home for sale? Get our free Home Inspection publication and find out what the “Must Inspect” areas of your house are then give us a call and see how we can help you get it get is sold. We are “Simply the BEST!”

Office: 503-874-4666

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“Real” Estate Tips

“Real” Estate Tips With Dixon!

We were pleased to be the top selling office in Silverton for January 2017, according to the Willamette Valley Multiple Listing Service statistics, and the number 5 top-selling office for Area 90, which consists of Marion County sales excluding Salem. BST Realty is proud of the fact that we have only been in business here since June of 2015, and our chief competitors have been here for years.

We pride ourselves on great service (everyone says that but we deliver it), in-depth knowledge of the market-past, present, and educated guesses about the future, and ethics. Ethics matter to us. It is what we practice and preach. Our word is our bond, so to speak. We believe in respecting and delivering what we are required to do by law-fulfill our fiduciary responsibility to our customers, whether they are buyers, sellers, or future prospects. We will deliver timely and honest communication, talk to you candidly and honestly, ensure that our record-keeping is up to speed with the most current forms, and that we use “best practices” in all that we do.

What I like about our office is we have, simply put, wonderful people who enjoy people, love real estate, and are here to serve the community in their professional and private lives. They are service-oriented, great communicators, and they are not high sales pressure people who want to trap you in a small room with hot lights until you sign on the dotted line. We want to work with you today, or next year. It doesn’t matter-the time schedule is yours. When it is right for you to list or sell any property-bare land, multi-family, farm, timber, commercial, and residential, we are there if and when you need us. We will never pressure you, and we will never “buy the listing”, a less-than ethical technique where you will be told your $300,000 property will sell for $399,000 in order to list with that agent. Fortunately, our community is served by good and ethical agents who will tell you what your property is worth based on hard data, market trends, supply and demand, and their own command of the areas they serve.

Thank you for helping us have our best year ever in 2016. We have added some first class agents and they are ready to run, for you. When YOU are ready.

Dixon Bledsoe, Licensed Principal  Broker in the State of Oregon

Office-503-874-4666

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