In any kind of sales, products do not sell just because someone had a great idea, or because someone wants to make a lot of money. Products sell because someone figured out what buyers want; how to provide it, package it, and present it. Prices change frequently because someone is keeping tabs on what buyers… [Read More]
CMA – Our Responsibility & Process
Understanding what your property is worth in the current real estate market allows you to make better decisions according to your goals. In our industry, this is called a CMA, a Comparative Market Analysis; some use the word ‘Competitive’ instead. We compare all the relevant data in the competitive marketplace for guidance as to what price… [Read More]
September Market Action Report
Clients and Friends, We always expect our September numbers to be down (along with August). We always expect our October and 4th quarter numbers to go up. This Fall we seem to be following the normal pattern which we trust will be good for our end of year quarter. The September numbers are in and yes,… [Read More]
August Market Action Report – A Balanced Marketplace
Clients and Friends, The August sales in this report show the closings for transactions that were mostly initiated in June (a few in May; very few in July) at the peak of the year’s sales, and at an escalating time of the year. These numbers are not impressive (in spite of the nonsense real estate commercials you hear on… [Read More]
June Market Action Report
Clients and Friends, This report ends the second quarter. We have moved from relentless rain to relentless sun. Paralleling that, our markets have moved from deflated sales and we are getting back to normal sales. It has been an unusual marketplace this year and I characterize it as unpredictable (like the weather). What happened to… [Read More]
Climbing Home Prices and Changing Market Conditions
Clients and Friends, Prices continue to climb even while we wrestle to understand the changing market conditions. Overall, in the Portland Metro Area (including Yamhill County), average and median prices are high and climbing- each at 10.7% comparing the last 12 months with the 12 months previous to that period. Prices have been rising since… [Read More]
April & May Market Action Report: Marketplace Coming to Life
Clients and Friends, It happens at least one month every year… the workload becomes so intense that it takes me two months to find time to put out the Market Action Report. That is not necessarily bad news! It is a good problem to have (compared to the famine years) but it is still a problem…… [Read More]
Market Action Report February 2017
Clients and Friends, I have now been annotating these reports and sending them out with additional custom information for 10 years! In 2007 we charted the escalation of the marketplace and we all wondered how young people were ever going to afford their first home! For the next 7 years we bemoaned a crashing and… [Read More]
Celebrating 10 Years of Helping You Buy. Sell. Be Happy!
Ten years ago, on March 15, 2007, Bella Casa Real Estate Group was born! In ten years, including 7 years of historic famine conditions in the real estate industry, we have gone from no brand, no one, and nothing to the top producer for Oregon’s famed wine region. We are thankful to our clients for your… [Read More]
Active Listing Season Begins Now – Market Analysis
Friends and Clients, I just checked the 10 day forecast on this last day of February; another 10 days of rain forecast! Our weather this winter is the main topic of conversation- even in this hot political climate. Incessant rain, numerous snow events, and especially the ever present sub-freezing temperatures, have worn-down even the heartiest… [Read More]
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