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For Sale: $255,000

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Monthly Newsletter from Galand Haas

Lane County Real Estate

RMLS Most Available Data For This 2015 Reporting Period

JUNE HIGHLIGHTS

June was another great month for closed sales in Lane County. The 536 closings outpaced last month (411) by 30.4% and last June (389) by 37.8%. It was the strongest June for closings in Lane County on the RMLS™ record—the previous June record of 508 was tallied in 2004.

Pending sales (557) outpaced last June’s 428 by 30.1% and edged out last month’s 552 accepted offers by 0.9%. New listings (680) similarly outpaced last June’s 641 by 6.1% and May 2015 (672) by 1.2%.

Inventory in Lane County decreased to 2.6 months in June. Total market time decreased to 73 days in the same period.


YEAR TO DATE SUMMARY

Activity is up during the first six months of this year compared to the same period last year. Pending sales (2,695) are up 29.9%, closed sales (2,164) are up 28.0%, and new listings (3,594) are up 12.0% this year compared to the first six months of 2014.

AVERAGE AND MEDIAN SALE PRICES

Comparing 2015 to 2014 through June of each year, the average sale price rose 3.0% from $234,300 to $241,300. In the same comparison, the median sale price rose 4.3% from $210,000 to $219,000.

We Have Buyers Looking For These Homes

Ferry Street Bridge, North Gilham

3+ bedrooms, 2+bathrooms, 1500+ SF, priced up to $350,000

Eugene

Single level, newer home on small lot, priced up to $350,000

Ferry Street Bridge, North Gilham, Hayden Bridge

2+ bedrooms, 1200+ SF, priced up to $300,000

AUGUST 2015

Is Your Home Older Than Its Years?

Would you throw away $20,000? You are if you’re letting your home age faster than it should. Here’s a simple maintenance strategy to keep your home young.

An out-of-shape house is older than its years and could lose 10% of its appraised value, says Mack Strickland, an appraiser and real estate agent in Chester, Va. That’s a $15,000 to $20,000 adjustment for the average home. But good maintenance can even add value. A study out of the University of Connecticut and Syracuse University finds that regular maintenance increases the value of a home by about 1% each year.

So if you’ve been deferring maintenance, or just need a good strategy to stay on top of it, here’s the simplest way to keep your home in good health.

Focus on Your Home’s #1 Enemy

If you focus on nothing else, focus on moisture — your home’s No. 1 enemy.

Water can destroy the integrity of your foundation, roof, walls, and floors — your home’s entire structure. So a leaky gutter isn’t just annoying; it’s compromising your foundation. Keeping moisture at bay will improve your home’s effective age — or as Dr. Oz would say, “real age” — and protect its value. It’ll also help you prioritize what you need to do. Here’s how:

Follow This Easy 4-Step Routine

1. When it rains, actively pay attention. Are your gutters overflowing? Is water flowing away from your house like it should? Is water coming inside?

2. After heavy rains and storms, do a quick inspection of your roof, siding, foundation, windows, doors, ceilings, and basement to spot any damage or leaks.

3. Use daylight savings days or the spring and fall equinox to remind you to check and test water-related appliances like your washer, refrigerator, water heater, HVAC (condensation in your HVAC can cause leaks) or swamp cooler, and sump pump. It’s also a great time to do regular maintenance on them. Inspect any outdoor spigots and watering systems for leaks, too.

4. Repair any damage and address any issues and leaks ASAP.

Don’t procrastinate when you spot minor leaks or drips inside your house. Ongoing small leaks can slowly erode pipes and fixtures, and even cause mold and mildew issues you won’t notice until it’s too late.

Say you’ve got a bit of cracked caulk around the kitchen window. It may not seem like much, but behind that caulk, water could get into your sheathing, causing mold damage and rot. Before you know it, you’re looking at a $5,000 repair that could have been prevented by a $4 tube of caulk and a half hour of your time.

Once you settle into a routine, it becomes easier to handle other maintenance tasks, which will only do more to protect and enhance your home’s value. Plus, you’ll get to know your home better, which will help you spot other one-off problems, such as termites and other wood-destroying insects, that can cause costly damage.

If you want to take home maintenance to the next level...

If you’re a geek about home maintenance like we are, and you want to do more than water patrol, these ideas will help you keep your house in great shape.

Give yourself an incentive to do maintenance. Maintenance is your springboard to sexier projects like a kitchen remodel or basement makeover. So plan a room-per-year redo. This way you’re maintaining, fixing, and improving. For example:

In your basement:

  • Check for dark stains that could signal plumbing leaks. If you find any leaks, fix them.
  • Check your ductwork for leaks that are wasting energy.
  • Clean the lint out of the dryer vent. The machine will last longer, and you’ll help prevent fires.
  • Caulk and seal basement windows to stop air leaks.
  • Once your space is moisture sealed, you can start converting it into a family room or other livable space.
  • Add a basement ceiling.
  • Brighten it up with paint.

In your kitchen:

  • Clean out all the cabinets, then wipe them down. It’s a great way to purge and get organized.
  • ake a good look under your kitchen sink. Remove all the wastebaskets and cleaning supplies to help you spot any leaks, and fix them..
  • Pull out the fridge to give that yucky alcove a thorough cleaning. Check the drip pan for moisture that can spawn mold growth.
  • Update cabinet hardware and adjust hinges if necessary.
  • Re-caulk the seam between your backsplash and wall to keep moisture out. To give your whole kitchen a low-cost facelift, how about a new backsplash.
  • Re-paint the walls using paint with a tough, semi-gloss sheen that stands up to repeated cleanings and resists moisture.

Keep a maintenance fund. Some sources say you should save 1% to 3% of your initial house price annually to pay for maintenance. On a $200,000 house, that’s $2,000 to $6,000 a year. Yeesh, that’s a big nut.

Alternatively, make it a goal to save enough money to do a major replacement project, so the bill won’t catch you off guard. Probably the biggest single replacement project you’ll have is your roof or siding.

You can build up this fund over several years by paying yourself a monthly assessment — whatever you can manage. Keep it in a separate account to avoid the temptation to tap it for hockey tickets or other impulse buys.

If you need to replace the roof before you have a fund, an equity loan is an option. But consider very carefully.

If you’re practicing maintenance in the way we’ve outlined here, you won’t need $2,000 per year to manage your home’s natural aging process. Some routine tasks, such as cleaning rain gutters and changing furnace filters, could cost you $300 or less per year.

Your house takes care of you — not just for shelter but as a financial asset. Return the favor and keep it hale and hearty by caring for it with regular maintenance.

Read more at houselogic.com | Is Your Home Older Than Its Years?


10 Ice Cream Social Tips

Entertaining expert, Meg Allan Cole, gives tips on how to make your ice cream party even more fun with these kid-friendly ideas. (02:19)

View more on HGTV's video channel | 10 Ice Cream Social Tips

 

Light Tacos

Total Time: 1 hr 18 min
Makes: 6-8 servings
Level: Easy

Ingredients

  • 1 orange, unpeeled and thinly sliced, divided
  • 1/2 onion, peeled and thinly sliced, divided
  • 4 cloves garlic, halved and smashed, divided
  • 2 1/4 pound flank steak
  • Salt and freshly ground black pepper
  • 1 cup light-colored beer, preferably lager

Salsa:

  • 1/3 cup low-sodium soy sauce
  • 1 large lime, juiced
  • 1/2 serrano chile, seeded and minced
  • 1 green onion, thinly sliced
  • 2 teaspoons chopped fresh cilantro
  • 1 head butter lettuce, leaves separated
  • 1 avocado, peeled, pitted, and thinly sliced
Directions

1. For the steak: Scatter half the orange slices, half the onion slices, and half the garlic pieces on the bottom of a glass dish large enough to hold the flank steak. Sprinkle the flank steak all over with salt and pepper and place in the prepared baking dish. Scatter the remaining oranges, onions, and garlic over the flank steak and pour the beer over. Cover with plastic wrap and let stand for 1 hour at room temperature or overnight in the fridge.

2. Place a grill pan over medium-high heat or preheat a gas or charcoal grill.

3. Remove the meat from the marinade. Discard the marinade. Grill the steak to desired doneness, about 4 minutes per side for medium-rare. Let the steak rest for 10 minutes. Transfer the grilled flank steak to a cutting board and cut crosswise into strips.

4. For the salsa: In a small bowl mix together the salsa ingredients.

5. To assemble: Using the butter lettuce leaves, make tacos using slices of flank steak and avocados. Drizzle with the salsa.

Read more at foodnetwork.com | Light Tacos

Compiled from Google, 2015

 

Quote of the Month

An inspiring quote about #gratitude from www.values.com #dailyquote #passiton

"Gratitude unlocks the fullness of life. It turns what we have into enough, and more. It turns denial into acceptance, chaos to order, confusion to clarity. It can turn a meal into a feast, a house into a home, a stranger into a friend. Gratitude makes sense of our past, brings peace for today and creates a vision for tomorrow."

- Melody Beattie   Author, Journalist

Read more at www.values.com

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