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Exploring Salem Oregon: Terra Gardens Fall Event 2018

by Amy McLeod Group

Taste test to find the perfect apple tree for your garden, explore the beauty of local art and handcrafted items, play games in the kid's corner, and enjoy the music. There is something for everybody at the Fall Event!

Free admission!

Terra Gardens Nursery & Bark
270 Cordon Rd. NE
Salem, OR 97317

503-581-0441

Event Website

Courtesy of Amy McLeod, The McLeod Group Network

Photo Credit: travelsalem.com

What is a tankless water heater? Also called “demand-type” or “instantaneous water heaters,” these devices deliver warm water only when you want it. Conventional water heaters, on the other hand, perpetually heat water whether you need it or not.

Traditional hot water tanks use electricity or gas to heat and store hot water until that magic moment you decide to take a shower or wash your dishes. As faucets dispense hot water, cold water refills the tank, and the heating process begins again.

If you use hot water faster than your tank can warm the water, you'll find yourself feeling the side effects, in the form of a cold shower.

Tankless devices, on the other hand, heat water on the way to your faucet; as the name implies, there is no the storage tank. When you turn on the hot water tap, cold water flows into your tankless unit, which uses a much more intense electric current (or blast of gas) to quickly heat water on the way out your tap. Theoretically, the supply of hot water is unlimited.

Tankless water heaters, which can be as small as a suitcase, can produce hot water at the rate of 2 to 5 gallons per minute. If only one person is taking a shower, which requires a flow rate of about 1 to 2 GPM, then you’ll have a lovely, long-lasting hot spray.

But suppose you are taking a shower while someone is washing dishes (3 to 7 GPM), or your washer is cleaning a load of clothes (1.5 to 3 GPM). Add up all those GPM figures, and a regular heater falls short of the hot water demand.

The solution is to either stagger hot water usage, install more than one hot water tank, or install a tankless water heater.

How much do tankless water heaters cost—and how much will they save you?

The U.S. Department of Energy says that if you use 41 gallons or less of hot water each day, tankless water heaters can be 24% to 34% more energy-efficient than conventional hot water storage tanks. If you use 86 gallons a day, the efficiency drops to 8% to 14%. The energy ratings institution Energy Star estimates a typical family can save $100 or more a year with a tankless water heater.

But here’s the rub: Tankless water heaters cost up to three times more than conventional heaters to buy and install. A whole-house tankless water heater costs $800 to $3,000, and installation—including upgrading electrical and gas pipe systems— can add $1,000 to $3,000 to those costs. As a result, it might take decades to recoup the cost of your energy-saving appliance.

On top of that, tankless water heaters can be expensive to maintain.

“I’m not a big fan,” says Tom Bigley, a Pittsburgh plumber for 36 years and director of plumbing services for the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry. “They are maintenance-intense and expensive to repair. With parts and a basic service call, you’re at $300 to $400. Is the money you're saving on energy bills worth that?”

Bottom line: As is the case with most energy-saving appliances, you should carefully weigh the costs of a tankless water heater against the long-term savings to determine whether one's right for you. If your current setup gives you enough hot water, you're probably fine as is; but if you're cringing every morning at the prospect of a cold shower, a tankless water heater could be worth its weight in gold.

Contact McLeod Group Network at 971.208.5093 or [email protected] for all your Real Estate needs.

By: Lisa Kaplan Gordon, Realtor.com

Exploring Salem Oregon: River Fusion 22 - Raft Trip

by Amy McLeod Group

Saturday, September 22, 2018 - 10:00 AM

1.5 hour raft trip with eNRG Kayaking. Contains class I-II rapids. The price is $45, this includes shuttle drive from Camp Taloali to Mehama, all equipment, and guides in each raft (of up to 6 people). Call to book.

Camp Taloali
15934 N Santiam Hwy SE
Stayton, OR 97383
503-772-1122

eNRG Kayaking

Courtesy of Amy McLeod, The McLeod Group Network

Photo Credit: travelsalem.com

3061 Greenbrook Ct NE: Move-In Ready 3 Bedroom in Oak Park!

by Amy McLeod Group

Salem-Keizer OR Real Estate For Sale
3061 Greenbrook Ct NE, Salem, OR  97305

If you are looking for a move-in ready home on a quiet cul-de-sac lot, then we’ve got the property for you!  This 3 bedroom, 1.5 bath Oak Park home has 1,182 square feet of living space.  New Berber carpeting and a corner brick fireplace create a soothing atmosphere for comfortable everyday enjoyment in the sun filled living room. The updated kitchen with white cabinetry and newer counters provides plenty of space for meal prep and storage. A breakfast bar opens into the spacious dining area with a sliding door to the patio. Entertaining inside and out will be a breeze! Three generously sized bedrooms including the master with private bath and abundant closet space. A large covered patio provides wonderful outdoor living with mature trees surrounding for privacy. Store all your tools in the detached shed, plus an attached 2 car garage. There is so much to appreciate inside and out- this sweet retreat is a must see!

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.

If You Are Thinking of Selling? You Must Act NOW!

by Amy McLeod 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. We were still in high school when we learned about the concept of supply and demand, so we understand that the best time to sell something is when the supply of that item is low and demand for that item is high. That defines today’s real estate market.

Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented:

Contract signings inched backward once again last month, as declines in the South and West weighed down on overall activity.”

Yun goes on to say:

The reason sales are falling off last year’s pace is that multiple years of inadequate supply in markets with strong job growth have finally driven up home prices to a point where an increasing number of prospective buyers are unable to afford it.”

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction, including the inspection, appraisal and financing contingencies.

Bottom Line

As a potential seller, you are in the driver's seat right now. It might be time to hit the gas. Contact McLeod Group Network at 971.208.5093 or [email protected] to find out how much your home is worth! 

By: KCM Crew

Salem-Keizer OR Real Estate For Sale
1431 Leslie Wind Lane SE, Salem, OR  97302

Olsen Design and Development has done it again - another to-be-built beautifully crafted custom two story is just waiting for you to call it home! Enjoy the community garden, pocket parks, and soon an amphitheater – all part of the desirable lifestyle here at Fairview Addition! You will appreciate the classic styling from the full front porch right thru to the oversized balcony with Northern views. Inside you will enjoy an open floor plan, gleaming wood floors, a gourmet kitchen, plus 3 spacious bedrooms and 2.5 baths. A cozy gas fireplace with custom mantle highlights the living room. A well-organized kitchen provides a Bosch appliance package, an island and an oversized pantry for all your storage needs. Retreat to your private master suite on the main level, a den and a large guest quarter upstairs. Plenty of parking and storage in the attached 2 car garage. There is just so much to love at 1431 Leslie Wind Lane!

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.

4043 Cheshire Lane SE: To-Be-Built Beauty in Desirable Fairview Addition!

by Amy McLeod Group

Salem-Keizer OR Real Estate For Sale
4043 Cheshire Lane SE, Salem, OR  97302

SWEET says it all about this to-be-built charmer at Fairview Addition, by Olsen Design & Development! This 3 bedroom, 2.5 bath new construction home encompasses over 1800 square feet of flowing, open living spaces. Be welcomed at your front porch into the warmth of the living room accented by a mantled gas fireplace and custom bookshelves. Stay part of the conversation from the open kitchen outfitted with Bosch appliances. Take in some sun from your reading nook off the dining area. A main floor master with en suite and walk-in closet is privately tucked away allowing you to kick back and relax! Upstairs you will find two nicely sized bedrooms with a private bath providing plenty of space for all your needs. Classic styling with access to Community Garden & more! Be the first to enjoy all that 4043 Cheshire Lane has to offer!

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.

Exploring Salem Oregon: Mount Angel Oktoberfest

by Amy McLeod Group

Bringing together people celebrating the harvest and family fun for 53 years. Enjoy German style music, dancing, food and beer.

Downtown Mt. Angel
5 N Garfield St.
Mt. Angel, OR 97362

855-899-6338

www.oktoberfest.org

Courtesy of Amy McLeod, The McLeod Group Network

Photo Credit: travelsalem.com

3277 Jay Ct NW: Chatnicka Heights Home Loaded with Updates!

by Amy McLeod Group

Salem-Keizer OR Real Estate For Sale
3277 Jay Ct NW, Salem, OR  97304

Beautifully cared for and maintained, 3277 Jay Ct in classic W Salem is loaded with upgrades and tasteful amenities…fresh paint inside and out, new flooring and luxury vinyl, an updated kitchen, chair rail molding, recessed lighting, modern fixtures, plus 3 bedrooms and 2.5 bathrooms sprawled over 1800+ sqft. A two story foyer welcomes you in and sets the scene for an impressive home tour. A spacious living room filled with natural light provides plenty of room for guests and comfortable every day living. The stylish and functional kitchen will likely be a favorite gathering place. A breakfast bar provides seating for casual dining while the glistening granite counters and abundance of white cabinetry enhance the aesthetic of this space. Sliding doors off the eat in area let you easily entertain inside and out. Relax in the cozy den for reading, watching tv or use as a home office. Escape to the calming allure of the master suite with its vaulted ceilings, plush carpeting, walk in closet, dual vanities, shower and a soothing sauna. Two secondary bedrooms offer plentiful closet space and share a lovely full bathroom. Spending time outdoors will be a pleasure in this backyard oasis with a Trex deck just waiting for you to set up your barbeque grill! Beautiful gardens, rock walls and a small pond create a serene space, plus there is room to garden. An attached 2 car garage provides plenty of vehicle and equipment storage. Every detail in this Chatnicka Heights home is in perfect order – all it 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.

4 Reasons Why Fall Is A Great Time to Buy A Home!

by Amy McLeod Group

Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.1% over the next year.

Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have already increased by half of a percentage point, to around 4.5% in 2018. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by half a percentage point to around 5.1% by this time next year.

An increase in rates will impact your monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You Are Paying a Mortgage

There are some renters who have not yet purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to build equity in your home which you can then tap into later in life. As a renter, you guarantee your landlord is the person building that equity.

Are you ready to put your housing cost to work for you?

4. It’s Time to Move on with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

Contact the professionals on the McLeod Group Network to start the search for your new home! 971.208.5093 or [email protected]

By: KCM Crew

Displaying blog entries 1-10 of 12

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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.