The Team breaks down the real numbers and talks about the best way to spend your money. Andrew debunks one of the most prevalent misnomers in the real estate business. And Audra will tell you her secret to a great Turkey Dinner! (secret: skip the turkey!) The Team wants to shout out and give special thanks to Helvetia Farm Market and Marion Acres and Laurelhurst Market this Thanksgiving!
Audra writes:
Giving thanks...this is something I have been striving to do not just this month, but every month this year. When we remember and remind ourselves to be better, be kind, and be thankful every day, we move forward. This month is ripe with turning points, with expectations and possibilities. And we continue to move forward, with thanks. Because we have to keep moving forward.
November is a gorgeous time of year. The colors are robust, the air is crisp and the month ends with a feast. Not being with family is an unfortunate sidebar, and one that the kids are bummed about; however, we trust the experts and know that this is just the way it is for now. Family and home come from what we make it, not the location. So Zoom dinners across distances is what we do right now and we will find the silver linings in every holiday.
We give thanks for each other, all of our clients, our family, our friends and the incredible team we are honored to have at RWG. Also, to our furry/scaly/fluffy families.
We give thanks for community: for standing up for each other; for helping those that need a hand; and for those that need kindness.
We give thanks for our first responders, and those helping to guide us and solve some big issues.
We hope you all enjoy November and are able to get outside and enjoy our gorgeous state. If you have a favorite place we'd love to hear from you! Follow us on Instagram and Facebook (Portland is Home Facebook and Instagram and Realty Works Group Facebook and Instagram) and comment! We always love to hear from all of you!
We are also expanding our design services! From a new kitchen or bath to a new look for your living room we'd love to help. We will be talking more about this in the next few months, and some gorgeous lines we are carrying...so reach out if you're interested!
Like grains of sand through the hourglass, these are the days of our lives. Of late the world does seem somewhat like a soap opera. Somebody please tell me I’m wrong. On one hand we wait results of this endless election season. On the other hand, I struggle to choose the correct flannel among a sea of flannel my closet offers me. Which flannel goes well with stew, crisp fall air and day light savings time ending? Often, I allow Fortuna to spin her wheel, close my eyes and see which cozy soft plaid button down top my hand finds. Having concluded that tangent and with no further ado here is our market report. Again, we find our pandemic-y trends continuing relatively unabated.
Short story: Fall buyer activity has followed trends we typically see this time of year. In October we usually see buyer activity increase. This year is no different in that regard. Where we find a departure from years’ past is with inventory. Just like in spring and summer 2020, we are not seeing sellers coming out as we would expect this time of year. I blame the Covid. In summary…once again demand is high and supply is low. One metric that raises an eyebrow is average sales price. October 2020 versus 2019 we see average sales price up 15.2% - astounding. For our seller, the world is your oyster. For our buyers we fight the fight and work hard to make our offers competitive. Price is not always the deciding factor. Terms and conditions often get offers accepted.
Please contact us anytime for a more detailed report. Also please let us know if you would like to take advantage of our HomeBot program. It is an AVM (like Zillow’s Zestimate program) on steroids. Our program will send you monthly reports for your home value. It is still not as accurate as our customer market analysis but it is more powerful than other consumer programs.
Stay well and be healthy.
503.975.1829 / andrew@portlandishome.com