portland metro real estate: Portland's Low Home Inventory Makes Buyer's Scramble - 04/10/13 05:20 PM
Portland's Low Home Inventory Makes Buyer's Scramble
I remember when I first got my real estate license in fall of 2004 how crazy the market was for those years following. Buyer's were camping out, taking numbers just to get in on new construction homes. Escalation clauses were flying and inspection periods shortened or waived completely..all to get into a home.

Well, thankfully we are not that crazy, BUT..we are seeing those escalation clauses come out of the woodworks as well as the multiple offer forms. Homes that are $250K and under are moving VERY quickly..especially if they are in a … (7 comments)

portland metro real estate: Why Would A Portland Metro Lead Bother To Sign Up And Type In Don't Bother? - 01/27/13 07:12 PM
 

Why Would A Portland Metro Lead Bother To Sign Up And Type Don't Bother?
There are times when I'm left scratching my head in confusion as to the motives of some people. Today I get an e-mail saying a new lead has signed up on my website. Ok..so I go in and check it out since most that sign up are people that are actually interested in receiving the new homes that come on the market in the areas they're looking.
Most....except for today's person...Mr./Ms. Don't Bother. So my question would be..."Why would you even bother to go in … (13 comments)

portland metro real estate: What Makes A Real Estate Agent Local? - 01/24/13 04:50 PM
What Makes A Real Estate Agent Local?
I had a phone call yesterday from a buyer sitting outside of what she thought was my listing in Tualatin (thank you Trulia). As we got to talking, It came out that she was already working with an agent..a family member that mostly practices in Gresham, a City about 45 minutes from Tualatin.
She voiced a concern that perhaps her agent wouldn't be able to help her as much as a "local" agent could...especially after I mentioned several homes in Tualatin that I'd already been in, the one she was sitting in front of … (49 comments)

portland metro real estate: Portland Real Estate September 2012 Market Action Report - 10/11/12 10:45 AM
Portland Real Estate September 2012 Market Action Report
We just got the latest market action report statistics for September 2012 from the RMLS (regional multiple listing service) and they are looking good! With the slight rise in inventory in September we are back to 4.6 months from August's 3.9 months.
The inventory..or absorption rate measures the estimate time that it would take for all the current listings to sell by dividing the active number of homes at the end of the month in question by the closed sales for that month. In an average market, the inventory is around 5-6 months. … (7 comments)

portland metro real estate: Riding The Carousel Of Time - 09/13/12 06:42 AM
Riding The Carousel Of Time There are certain sounds, like the sound of a plane flying overhead on a clear sunny day  that brings me right back to certain moments in my life. I can remember being about eight or so and climbing over a chain link fence when I heard that sound and can still picture my body still..taking in the moment of the sound..the sky and the scent of the air. Music is like this as well. Today I was driving and Joni Mitchell's beautiful voice sang "The Circle Game". The first time I heard this song I was … (8 comments)

portland metro real estate: My Closing Gift - 09/10/12 06:53 PM

My Closing Gift
I am truly blessed as an agent here in the Portland Metro area. I always try to choose a nice closing gift for my clients..and I can say I often draw a blank. Lately, I've been making baskets up with some similar things for each client..as well as throwing in some local things as well.
I did have fun putting together my basket (gotten at the Goodwill) filled with a bottle of balsamic vinegar and truffle olive oil from The Oilerie® in Lake Oswego (love this place), personalized "just moved" postcards that I created in two different … (19 comments)

portland metro real estate: Is Using A Lawyer To Buy Your Portland Metro Home Better Than Using A Buyer's Agent? - 08/30/12 06:49 AM
Is Using A Lawyer To Buy Your Portland Metro Home Better Than Using A Buyer's Agent?
I received a sign call yesterday on one of my Portland listings, and after asking the pre-requisite questions like "Have you started the pre-approval process?" and "Are you currently working with an agent?"  we agreed to meet at the home later that afternoon.
At first contact, I handed him the Initial Agency Disclosure Pamphlet that by law we need to give as well as the MLS client full on the home. He looked at the disclosure and said" Oh, I don't need that, I'm a … (30 comments)

portland metro real estate: What Does A Bumpable Status Mean When Buying Or Selling Your Portland Metro Home? - 08/16/12 07:54 PM

What Does A Bumpable Status Mean When Buying Or Selling Your Portland Metro Home?
If you've been searching for a home in the Portland Metro Area, you might have noticed that some homes are showing up as "bumpable" status. What does this mean for both the buyer and seller?
If you're buying a home in the Portland Metro Area, bumpable status means that the sellers have accepted a contingent offer. Most likely it's contingent on the buyer's closing on their current home as they need those funds from the sale to purchase their new home.
If this is a … (16 comments)

portland metro real estate: I Just Closed On My First ActiveRain Sale With Clients That Found Me Through A Localism Post! - 04/23/12 05:08 PM
I Just Closed On My First ActiveRain Sale With Clients That Found Me Through A Localism Post!
I gotta say, It's a fantastic feeling when you get that call from people that found you through your blog because of a post you wrote. Every week (or so), I write a very localized market report and info about one of my favorite neighborhoods in Tualatin. I lived there for several years, so know it very well and love sharing my experiences and thoughts about the Fox Hill Neighborhood backed up by market statistics.
Anyway..when showing homes here, my client said she … (45 comments)

portland metro real estate: What is Earnest Money for when Buying a Home in Portland? - 10/01/11 09:07 PM
What is Earnest Money for when Buying a Home in Portland?

Once you found the home you want to make an offer on a home here in the Portland Metro area, You and your REALTOR® (me)will then write up and offer to purchase using the Sales Agreement..or often times referred to as the Earnest Money Agreement. Besides the sales price and down payment, you'll also need to offer earnest money.
 
What is Earnest Money?
In a nutshell, earnest money is an amount that you will agree to forfeit to the seller should you decide to back out of the … (12 comments)

portland metro real estate: Not happy with your Facebook business page title..change it now. - 06/25/11 11:13 AM

 
Not happy with your Facebook business page title..change it now.
I don't know about you, but when I created my Facebook business page, I didn't have any clue about key words, SEO, and all that fun stuff. I just put in my name and company and voila..done! Well once I learned that I should really have put in the City, or made it more localized, it was too late and you weren't able to change it.
I was just playing around in my settings and sure enough, I was able to change the Title of my business page to … (22 comments)

portland metro real estate: What is a Flag Lot and are there any Pros and Cons to buying or selling a home on one? - 06/08/11 02:11 PM
 What is a Flag Lot and are there any Pros and Cons to buying or selling a home on one?
One of the common questions I get is what is a flag lot? Here in the Portland Metro and surrounding suburbs, we have what is called the Urban Growth Boundary.  Builders are limited to build neighborhoods and homes within this boundary to prevent urban sprawl, so they built homes in every nook and cranny that they could to get as many homes in the allowable space. Many of these "infill" homes are on flag lots that are tucked away off the main street.
(14 comments)

portland metro real estate: Daydreams of a real estate agent - 04/13/11 10:53 PM
Daydreams of a real estate agent
You ever think about what you would do if you weren't a real estate agent? Well, of course the last couple years have been harder then most, and there is always that daydream of just taking off and doing something else for a living.
So it got me thinkin..Cindy? what would you do if you couldn't help people buy and sell their homes? If you have met me, you know I'm fairly laid back (shhh...my kids & MIL may say differently when I give them those "eye's"), and I love the beach, the water, … (25 comments)

portland metro real estate: Tualatin Oregon Real Estate Market Trend Report for March 2011, posted April 2011 - 04/12/11 12:31 PM
 
Tualatin Oregon Real Estate Market Trend Report for March 2011, posted April 2011
(Cindy's Blog about Portland Real Estate & Stuff)
Here is the latest 12 month Market Trend Report for Tualatin, Oregon. We are always one month behind so these are the statistics for March, 2011. It looks like the inventory stayed the same at 7.9 months. What this means is that it would take 7.9 months to sell all the current active homes on the market. According to the market trend statistics, the list price compared to sold price is around 22/33% depending on whether it's average or median.
An average … (0 comments)

portland metro real estate: Why I might not refer you again - 04/11/11 10:01 AM
Why I might not refer you again.
Ever use someones services that you loved and referred them out to others? Sure right..we do this all the time with contractors, suppliers, business associates, and of course other agents. But there are times when I am hesitant to refer you again and it comes down to just a few things.
1. You didn't acknowledge my referral: Simple..so simple to do, but why didn't you do it? Did you assume that It was a given? I know that whenever I am referred, even though the person didn't use me, I always acknowledge that person … (16 comments)

portland metro real estate: Tualatin Oregon Real Estate Market Trend Report for January 2011, posted on 2/11/11 - 04/08/11 09:17 PM
(Cindy's Blog about Portland Real Estate & Stuff)
Here is the latest 12 month Market Trend Report for Tualatin, Oregon. We are always one month behind so these are the statistics for January, 2011. It looks like the inventory inched up slightly from 7.8 months to 8.1 months. What this means is that it would take 8.1 months to sell all the current active homes on the market.
An average inventory would be around 5-6 months, so anything above that would be a buyer's market, and anything below that would generally be a sellers market. Inventory in months is calculated by dividing the active listings … (9 comments)

portland metro real estate: When a golf ball can roll off the front porch at the speed of light....would this be a fixer? - 04/08/11 03:57 PM
When a golf ball can roll off the front porch at the speed of light....would this be a fixer?
I was showing property the other day and we got to one listing that according to the listing sheet and pictures had killer views of the City of Portland so although I knew there might be some issues by the history, I put it on my list to show as it was in the neighborhood my client was looking in.
Anyhoo, Here we are walking up the steps to the house ( at least 50 from the street..Oh, Angie if you're reading … (24 comments)

portland metro real estate: New Carbon Monoxide law in Oregon goes into affect April 1st 2011 - 03/15/11 12:11 PM
New carbon monoxide law in Oregon goes into affect April 1st 2011
Here are the changes as of April 1st, 2011:
1. Landlords must provide properly functioning carbon monoxide alarms for all rental dwelling units with, or within a structure containing a carbon monoxide source
2. Home sellers of one-and two family dwellings, manufactured dwellings, or multifamily housing units containing a carbon monoxide source must have one or more properly functioning carbon monoxide alarms before conveying fee title or transferring possession of a dwelling 
3. Carbon monoxide alarms are required in new construction or a structure that undergoes reconstruction, alteration or repair … (8 comments)

portland metro real estate: Need a reason to start using video?...you just never know where they will show up! - 03/11/11 06:48 PM
Need a reason to start using video?..you just never know where they will show up!
Ever since the ActiveRain video challenge, I've been working on making some local videos, as well as taking some for my blog while traveling. I just recently googled my cwestfall60 Youtube channel and there were a few things that caught my eye that I never noticed before.
I noticed lots of sites that have my cwestfall60 attached to it..many foreign. There was also a travel site, world news network, alternative healing site (thinking the calming beaches maybe), as well as several local sites that linked to … (16 comments)

portland metro real estate: How much is my home worth today? Take a video tour of the Property Investment Profile - 03/10/11 12:32 AM
How much is my home worth today? Take a video tour of the Property Investment Profile.
It's that time of year when many are getting ready to put their homes on the market in the Portland Metro area..and buyers are starting to come out more and more. If you have no idea on the current value of your home, I have a great tool to give you this information right into your e-mail box.
Created by Prudential NW Properties, this valuable program gives you a comparable market analysis each month showing you detailed information of the active, pending and sold homes directly … (6 comments)

 
Cindy Westfall, ABR,GRI Your Tualatin & Portland Metro Real Estate (Premiere Property Group,LLC Portland Metro & Suburbs Oregon) Rainmaker large

Cindy Westfall

ABR,GRI Your Tualatin & Portland Metro Real Estate

Tualatin, OR

More about me…

Premiere Property Group,LLC Portland Metro & Suburbs Oregon

Address: Attn. Cindy Westfall 5000 Meadows Rd.,, Ste 150, Lake Oswego OR 97035, Portland Metro, Tualatin,Lake Oswego, West Linn, Sellwood,closer in SE Portland, Wilsonville,Oregon City, Sherwood areas

Office: (503) 670-9000

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