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Why Working with a Local Real Estate Professional Makes All the Difference | Keeping Current Matters

If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra, “location, location, location” in reference to how identical homes can increase or decrease in value due to where they’re located. Well, a new survey shows that when it comes to choosing a real estate agent, the millennial generation’s mantra is, “local, local, local.”

CentSai, a financial wellness online community, recently surveyed over 2,000 millennials (ages 18-34) and found that 75% of respondents would use a local real estate agent over an online agent, and 71% would choose a local lender.

Survey respondents cited many reasons for their choice to go local, “including personal touch & handholding, longstanding relationships, local knowledge, and amount of hassle.”

Doria Lavagnino, Cofounder & President of CentSai had this to say:

“We were surprised to learn that online providers are not yet as big a disruptor in this sector as we first thought, despite purported cost savings. We found that millennials place a high value on the personal touch and knowledge of a local agent. Buying a home for the first time is daunting, and working with a local agent—particularly an agent referred by a parent or friend—could provide peace of mind.”

The findings of the CentSai survey are consistent with the Consumer Housing Trends Studywhich found that millennials prefer a more hands-on approach to their real estate experience:

“While older generations rely on real estate agents for information and expertise, Millennials expect real estate agents to become trusted advisers and strategic partners.”

When it comes to choosing an agent, millennials and other generations share their top priority: the sense that an agent is trustworthy and responsive to their needs.

That said, technology still plays a huge role in the real estate process. According to the National Association of Realtors, 95% of home buyers look for prospective homes and neighborhoods online, and 91% also said they would use an online site or mobile app to research homes they might consider purchasing.

Bottom Line

Many wondered if this tech-savvy generation would prefer to work with an online agent or lender, but more and more studies show that when it comes to real estate, millennials want someone they can trust, someone who knows the neighborhood they want to move into, leading them through the entire experience.

Let The McLeod Group Network be your trusted real estate professionals! 971.208.5093 or mcleodgroupoffice@gmail.com. 

 

Salem-Keizser OR Home For Sale
939 Highberger Loop, Aumsville, OR 97325

Opportunity is knocking – here is your chance to live in desirable Highberger Meadows! 939 Highberger Loop offers comfort and quality to meet today’s busy lifestyle with features including 4 bedrooms, 2.5 baths, soaring high ceilings, neutral paint colors, modern fixtures and an effortlessly flowing floor plan. Chic and comfortable, the vaulted living and dining room with gas fireplace and an abundance of natural light is the perfect space to entertain in style. The well laid out kitchen is a delight with neutral counters, loads of cabinetry, recessed lighting and easy care flooring. The connecting family room sets the scene for casual everyday living with enough space for everyone​ while still being able to interact with the chef. Heading upstairs, the high ceilings continue into the soothing master with en suite bath and walk in closet. Three generously sized bedrooms and the second full bathroom provides privacy, room for all​, plush carpeting and tons of closet space. Situated on a picture perfect lot, unwind in the fenced backyard oasis with a large deck, mature landscaping, sprinkler system and a toasty fire pit. Enjoy plenty of room for all your tools, toys and hobbies in the 20x22 shop, plus an attached 2 car garage and RV parking! Every detail is in perfect order; all this home needs is you!  

The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!

We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.

#1 Reason to List Your House for Sale, NOW!

by Amy McLeod Group

#1 Reason to List Your House for Sale, NOW! | Keeping Current Matters

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes for Sale 

The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory:

Last month’s dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace homes are coming off the market.

Demand is easily outstripping supply in most of the country and it’s stymieing many prospective buyers from finding a home to purchase”.

The latest Existing Home Sales Report shows that there is currently a 4.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 4.6% lower than a year ago.

The chart below details the year-over-year inventory shortages experienced over the last 12 months:

#1 Reason to List Your House for Sale, NOW! | Keeping Current Matters

Anything less than a six-month supply is considered a “seller’s market.”

Bottom Line

Meet with McLeod Group Network, we can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing and able to buy now! 971.208.5093 or mcleodgroupoffice@gmail.com. 

 

Thursday, June 1, 2017

7:00 pm to 9:00 pm

This Scottish singer-songwriter has been making music on both sides of the Atlantic. With music always as a constant, this young musician has been able to craft songs which reflect all corners of the globe where she has called home. Free. All ages.


Venti's Basement Bar
325 Court St. NE
Salem, OR 97301
503-399-8733

EVENT FACEBOOK PAGE

 

Courtesy of Amy McLeod, The McLeod Group Network

 

More Americans Chose to Own a Home Than Rent in Q1

by Amy McLeod Group

More Americans Chose to Own a Home Than Rent in Q1 | Keeping Current Matters

According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households.

Of the 1.22 million new households that were formed in the first quarter, 854,000 were new-owner households making the jump straight to homeownership rather than renting first.

That means that the homeownership rate amongst new households was 70%!

This is huge news as the national homeownership rate is currently 63.6% and has only ever come close to this figure in the second quarter of 2004 when the homeownership rate reached an all-time high of 69.2%.

A recent Wall Street Journal article pointed to the uptick in first-time homebuyers coming to market as a reason for the jump:

“The return of first-time buyers is accelerating. In all they have accounted for 42% of buyers this year, up from 38% in 2015 and 31% at the lowest point during the recent housing cycle in 2011, according to Fannie Mae, which defines first-time buyers as anyone who hasn’t owned a home in the past three years.”

Ralph McLaughlin, Trulia’s Chief Economist, had this to say about what a bump in new homeowner households could mean for the housing market:

“Strong renter household formation is one of the reasons why the homeownership rate has continued to drop since the onset of the housing crisis, so any sign this trend is reversing is something to take note of. We look forward to future releases of these data to determine whether this is a statistical blip or a trend.”

Bottom Line

As more and more potential first-time buyers realize their ability to buy a home without having to rent first, not only will the homeownership rate benefit, but so will the overall economy.

Contact The McLeod Group Network for all your home-buying needs! 971.208.5093 or mcleodgroupoffice@gmail.com.

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Keizer Oregon Real Estate For Sale: 6271 11th Ave NE Keizer OR 97303

by Amy McLeod Group

Keizer Oregon Real Estate For Sale:

6271 11th Ave NE Keizer OR 97303

 

Light and bright Mid-Century home brings the outside in! Situated on a manicured lot in desirable Wilark Park Annex this stunning home has fresh paint, new carpet, refinished hardwood floors, new vinyl flooring and trendy light fixtures. Picture windows face the beautiful landscaping blurring the lines between inside and out, making the formal living dining combination with stacked stone fireplace a real show stopper! A beautifully updated kitchen is a feast for the eyes with granite counters and newer appliances that will make cooking a joy. Adjoining the kitchen is a spacious family room with a toasty fireplace and sliders to the backyard patio, this is sure to be a thriving gathering place. Delight in the blissful atmosphere of the large master suite offering an abundance of closet space, sitting area and a private bath. Two additional bedrooms, a full bath and tons of built in storage plus ample closet space is sure to please. Step outside to the covered patio and sun soaked deck overlooking mature trees and a fenced private yard, this is a place one could happily linger all day! Parking space abounds with a 2-car garage and double parking pad, with additional alley access and outdoor shed! A refreshing way of life focused around comfort and beauty, this is a Keizer Oregon home to cherish for a lifetime while reveling in an exclusive setting.  It is sure to exceed all your expectations!  Make your appointment today!

The McLeod Group Network has distinguished themselves as a leader in the Salem-Keizer Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!

We bring a keen eye for the details of buying or selling a Salem-Keizer Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem-Keizer Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.  

RED Day Keller Williams Capital City

by Amy McLeod Group

On Thursday, May 11, more than 150,000 Keller Williams associates closed their offices to “give where they live” on RED Day. RED Day, which stands for Renew, Energize and Donate, is a global day of service, where every market center selects a charity of their choice and dedicates the entire day to serving its recipients.

We joined forces with the Center for Hope and Safety. 

The Center for Hope and Safety offers a safe refuge and support to victims and survivors of domestic violence, sexual assault, stalking and human trafficking.  Their programs and services inform survivors of their options and support them in their choices. Learn more

 

5 Reasons to Hire a Real Estate Professional When Buying or Selling! | Keeping Current Matters

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 reasons you NEED a real estate professional in your corner haven’t changed, but have rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperworknecessary to make your dream a reality.

2. Ok, so you found your dream house, now what?

There are over 180 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to make sure that you achieve your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 different people who you will need to be knowledgeable of, and answer to, during the process.

4. What is the home you’re buying/selling really worth?

It is important for your home to be priced correctly from the start to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to the National Association of REALTORS, “the typical FSBO home sold for $185,000 compared to $245,000 among agent-assisted home sales.”

Get the most out of your transaction by hiring a professional.

5. Do you know what’s really going on in the market?

There is so much information out there on the news and the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively, and correctly, price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?

Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

You wouldn’t replace the engine in your car without a trusted mechanic. Why would you make one of the most important financial decisions of your life without hiring a real estate professional?

Contact The McLeod Group Network help you with all your real estate needs! 971.208.5093 or mcleodgroupoffice@gmail.com. 

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Friday, May 26, 2017 at 6:00 PM

Live music in the Fieldhouse - Reckless Rockhounds - $5. “Accept what life offers you and try to drink from every cup. All wines should be tasted; some should only be sipped, but with others, drink the whole bottle.” - Paulo Coelho

Redgate Vineyard Fieldhouse
8175 Buena Vista Rd.
Independence, OR 97351
503-428-7115

Event Website

Courtesy of Amy McLeod, The McLeod Group Network

Salem-Keizer Home Sales - April 2017

by Amy McLeod Group

If you are thinking about buying or selling a home in Salem-Kaiser visit our website for a free market analysis and up to the minute home searches. 

Courtesy of Amy McLeod, The McLeod Group Network

Displaying blog entries 1-10 of 21

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Contact Information

Photo of The McLeod Group Network Real Estate
The McLeod Group Network
Keller Williams Capital City
1900 Hines St SE #220
Salem OR 97302
971-208-5093
Fax: 971-599-5229

**Disclaimer: Amy McLeod, and her team, do not initiate, process, or service mortgages.  And provide this information only as a service.  You should confirm information here with your Licensed Mortgage Lender.