Archives For Real Estate

Susie and Duffy the Real Estate Dog

Susie and Duffy the Real Estate Dog

Susie is a Real Estate Broker with Windermere Stellar and has called PDX home for over 35 years. She resides in Colonial Heights, a fantastic close-in SE neighborhood. She has a deep appreciation for the many styles of homes and micro-cultures that exist on both the East and West side of the city and is a wealth of information on life in PDX.  Susie and her team are truly Portland experts who work all over the city.

She will be sharing some of her great knowledge about Portland, OR neighborhoods with us — keep an eye out or subscribe to our blog so you don’t miss out!

To see more of Duffy on Instagram, search for duffytherealestatedog or if you are looking for a great Realtor, connect with Susie here.

Sometimes it seems as if you need to be a psychic to make money in the real estate market. And while that would certainly help, knowing when to put your home up for sale is more about understanding your local market than it is about magic. So with that in mind, here are four things to consider as you decide when to sell your home.

  1. Research Your Local Market: The media gives us the impression that housing is tied directly to the health of the American economy. While this is true in a broad sense (home sales tend to be good in strong economic times and bad in poor economic times), local factors also have a strong influence on sales. So even during recession, there can be pockets of hot sales activity. The key local indicator is housing inventory, which is a measure of supply and demand. For a market to be considered healthy, the inventory should stand at 4-6 months. That means it would take between 4 and 6 months to sell every house on the market. Anything less than 4-6 months is a sellers market, with a low home supply and competition between buyers. Anything more than 6 months is a buyers market, allowing consumers to be pickier with their purchases. The best way to understand you local housing inventory is by consulting local Realtors. They’ll have their finger on the pulse of your local market.
  1. Check Interest Rates: Interest rate are the biggest determining factor on the affordability of home loans. An increase of just a few points can translate into hundreds of extra dollars in payments per month. If interest rates are low or are dropping, that may spur more consumers to enter the Real Estate market and begin to swing housing inventory in the sellers favor. You can check current interest rates here.
  1. Consult Your Calendar: Data shows that homes sell faster if they’re put on the market between mid-March and mid-April. This is tied to the school calendar, as parents want to shop for home in spring and make a move once the school year ends.

  1. Run the Numbers: When you’re deciding to sell, it’s also important to understand your investment position in your current home. Check your payoff amount and compare it to the price qualified Realtors have set for your home. Once you have that balance, subtract excise taxes, realtor fees, and moving costs. What’s left will be your profit. And don’t forget, in competitive housing markets buyers won’t pay top dollar for homes in need of upgrades or major repairs. Those costs will come out of your asking price one way or another. A good realtor will help you understand what’s required to be competitive. Taken together, these numbers will help you determine what you stand to gain or lose through a sale.

While these tips are good indicators, there really is no perfect answer for when every person should enter the Real Estate market. Housing needs are so personal that even in a perfect market, a potential seller might decide to wait. In the end, it all comes down to what your family needs and the lifestyle you desire. When you understand those factors, and act accordingly, you’ll make much better decisions.

David joins us after a diverse leadership career with companies ranging from small startups to major enterprises. He succeeds Founder and former CEO, Kevin McCloskey. He has big plans for Househappy and has brought in some exciting new partnerships.

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Houshappy CEO, David Maoungian

When considering whether or not a startup will succeed Manougian says he “looks for brand potential, a unique customer experience, a business reason for the company to exist and most of all, the talent level of the people. In the case of Househappy it met and surpassed all these areas, especially the people.”

The primary area Manougian sees as a potential industry disruptor for Househappy is the opportunity to reach the next generation of homebuyers seeking a different experience than what exists today in how they search for, buy and maintain their homes. Househappy is passionate about providing these buyers and homeowners with a more visual and personalized search along with the tools to help them manage the most important purchase most people will make in their lifetime – their home.

To learn more about David and changes at Househappy, Malia Spencer, Reporter at the Portland Business Journal, was kind enough to write about us. Click here to check it out.

After a short hiatus, we are back and better than ever. Our site has a fresh new look and we have a lot going on here at Househappy. Hopefully you have had a chance to check out some of our sweet new features:

  • Property Alerts (real-time notifications on listings that become available in this hot market)
  • Search by neighborhood or school district
  • Walkability scores and school ratings
  • An RMLS direct feed for the most up-to-date listings in Oregon and Southwest Washington
  • A carefully curated selection of the best local real estate agents, links to reputable mortgage providers, and a Marketplace with home service providers.

Sign-up for My Househappy (upper right corner) and start taking advantage of all the new features we have to offer.

Check back soon — we have some great content and announcements coming!

Whether you’re searching for a home for yourself or a client, Househappy has everything you need to find the perfect property for you.

Home sales in Househappy’s hometown of Portland have remained steady over the past few years, even as they lagged elsewhere. Northeast Portland is a particularly hot market, and droves of people are moving from other parts of town (and even other parts of the country) just to live there.

This English-style house on Househappy is a prime example of what people love about living in NE Portland. The house itself has gorgeous period details but has been updated with modern conveniences, and is located on a charming street near the Beaumont neighborhood’s trendy shops and restaurants, as well as great schools. To learn more about this house, check out its listing on Househappy.

Source: Househappy

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It’s that time of year. You’re probably starting to think a vacation somewhere warm sounds pretty good right about now. Well, we hear you. That’s why we want to share these incredibly beautiful photographs, to send you on a virtual vacation to the magical mists of Kauai, where photographer Jess Bianchi documented the construction of The Kauai Cottage, an off-the-grid Hawaiian hideaway.

Built and designed by San Francisco artist and surfer Jay Nelson, the philosophy behind the project was to encourage residents of the cabin to “live simply and small and only use what you need,” according to Jess. “In a time of excess when everyone seems to be building bigger and higher, we wanted to experiment with a simpler kind of living.” And at only 200 square feet, it is certainly less living space than most people are used to. But the detail and care that went into crafting the reclaimed redwood structure is evident in every inch, and the natural beauty surrounding the structure is truly inspiring. Plus there’s no TV to distract or take you out of the moment, and you can pick fruit right off the front porch! Isn’t that pretty much the definition of paradise?

If this sounds like a place you need to visit for real, and not just look at on the internet, we have good news: the owners are currently discussing the possibility of opening the cottage to the public in the near future, and have plans to add solar panels, a garden, and possibly build another structure on the property. Until then, take a look at the photos below and drift away on an imagination vacation. Aloha!

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Source: Jess Bianchi