Thursday, January 30, 2014

Difference Between a ‘White Lie’ and Lying

Hi Friends,

During my reading I came across this article that I want to share with you.

"Growing up it seemed ‘white lies’ were okay while lying was a sin. As children, we sometimes had difficulty understanding where the line was. As we matured, we realized there most definitely was a difference.

If a husband or wife asks if it is okay to invite their parents over for dinner, the spouse would probably say ‘sure’ even if it wasn’t 100% the truth. That was a ‘white lie’. If a young boy dresses up as a monster on Halloween and asks his father if he looks ‘really scary’, it was okay for his dad to say ‘YES’! That was a ‘white lie’.

In both cases, the person telling the ‘white lie’ was saying what the other person wanted to hear. In both cases, there was no harm in not telling the 100% truth. In both cases, it was a ‘white lie’. However, if we are not telling the 100% truth in order to save someone’s feelings AND IT HURTS THEM, we are lying."

To continue reading: Difference Between a ‘White Lie’ and Lying

Let me know if you have any questions!

Thursday, January 23, 2014

The Impact of Increasing Mortgage Rates on Prices

Hi Friends,

I want to share with you this article I came across in my reading. It expands the impact that mortgage rates have on prices. Please let me know if you have any questions!

"Many pundits are warning that there will be a drop in real estate values because mortgage rates are beginning to increase. The logic makes sense.  However, history shows that increasing rates have not negatively impacted home values in the past."

Thursday, January 16, 2014

The #1 Reason You Should Sell Now

Hi Friends,

All indicators are that we, here in the Mid-Willamette Valley, are in a “Stable” market. For the long haul, this is great news. The market is, pretty much what it is.  Waiting for the wild West days of 2005 – 2006 might not be the best strategy. Some of you are waiting for the “good old days!”
So because of that, what’s happening in the market is that we have buyers – but we don’t have enough sellers.

Check out the article below to see the “why” of what’s happening.  And, always, if you have questions about your particular situation, don’t hesitate to call me.

"The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases" 

To continue reading: The #1 Reason You Should Sell Now

Let me know if you have any questions!

Thursday, January 9, 2014

14 Things to Consider Before Buying a Home

Hi Friends,

I wanted to share with you this article I came across during my reading today. It has many tips you may find useful.

"Wait! That house may seem like everything you’ve ever wanted, but before you make an offer, take some time to consider a few things beyond the size, style and price.

"When buying a home, it’s easy to let emotions get in the way of reality, or get sudden amnesia about factors that may make a difference.

"Sometimes we want something so badly, we’re not willing to ask all the questions we should,” says Leslie Levine, author of "Will This Place Ever Feel Like Home?"

For instance, she says, you may see a basketball hoop over the garage and assume the neighborhood is great for kids. But a closer inspection may show that it’s rusted and hasn’t seen a ball in a decade, and that other yards in the neighborhood have no jungle gyms or tire swings out back."

To continue reading: 14 Things to Consider Before Buying a Home

Let me know if you have any questions!

Thursday, January 2, 2014

Commentary: What's in Store for Housing in 2014

The McLeod Group is excited to begin 2014.
It’s always my goal for my clients to be the best informed about the real estate market and how it’s performing.
The following two articles give a comprehensive overview of real estate and what you can expect in the upcoming year.
As always, if you have any questions, please don’t hesitate to call me.

"For those of you looking for cautionary notes going into 2014, I offer two items: jobs and loans. Despite recent gains, which some of us believe are more of a mirage than an oasis, the economy still isn’t creating enough good-paying full-time jobs to drive a full recovery in the housing market. This is particularly true among the millennials, who continue to live at home with mom and dad at near record levels."

To Continue Part 1 : 
Commentary: What's in Store for Housing in 2014, Part 1

To View Part 2: Commentary: What's in Store for Housing in 2014, Part 2