Buyer Demand Still Outpacing Supply of Homes

Buyer Demand Map Real Estate Salem Oregon Realty Quinn Burke Harvey

The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS(NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and…

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Five Ways to Increase the Value of Your Basement

The basement is usually an afterthought in homes, especially if it’s not already finished when you move in. The lack of natural light compared to the ground floor and above doesn’t always make for the most inviting space. However, there are plenty of ways to improve your basement that will both increase your home’s value…

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20 Tips for Preparing Your House for Sale This Spring

tips to prepare your home for sale salem oregon real estate

The spring season is here! And in the northwest, that begins the busy season for real estate. If you’re planning to sell your home, doing the little things to spruce up the house will give you an edge over the competition. You wouldn’t see a dirty car, right? Then why not clean up your home…

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8 Tips for Adding Curb Appeal and Value to Your Home

Fairview Addition Subdivision Salem Oregon New Construction Eric Olsen Communities

Homes with high curb appeal command higher prices and take less time to sell. We’re not talking about replacing vinyl siding with redwood siding; we’re talking about maintenance and beautifying tasks you’d like to live with anyway. The way your house looks from the street — attractively landscaped and well-maintained — can add thousands to…

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Do You Know How Much Equity You Have In Your Home?

How much is my own worth equity salem oregon real estate

CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news for the country, as 48.2 million of all mortgaged properties are now in a positive equity situation. Price Appreciation = Good News for Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “One million borrowers achieved positive equity over the last year,…

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3 Reasons The Housing Market Is NOT In A Bubble

are we in a housing bubble salem oregon real estate

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially propped up because mortgage lending standards…

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5 Reasons To Hire A Real Estate Professional When Buying Or Selling

Salem Oregon Real Estate Professional Agent Broker

Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner (or FSBO). The 5…

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Can Your Agent Answer These Important Questions?

Real Estate Agent with Clients Salem Oregon

Whether you are selling or buying a home, the real estate agent you hire is critical to guaranteeing your family makes the right decision. Most agents can walk you through the process and explain the industry ‘lingo,’ but you should expect much more than that. The housing crisis made everyone aware that truly understanding the real estate…

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Thinking of Selling? NOW is the Time!

Salem Real Estate Oregon Agent Harvey Realty Group

  If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. In high school we learned the concept of supply and demand: the best time to sell something is when supply of that…

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