Mitchell Ramsey Realty Group

09/18/2024

south beaverton beauty 😍 you don't want to miss it! offered at $585,000 this 3br 2bth 1619sqft is on a large corner lot in the sought after hiteon neighborhood. updates abound making this home of high value compared to others currently on the market in the area. open house on saturday 9/21 from 12- 2pm and sunday 9/22 from 12-2pm 🏡

09/08/2023

Beautifully updated West Linn home nestled in the hill surrounded by nature. New luxury vinyl plank flooring throughout the entire home! With a versatile floor plan, this home presents an opportunity to tailor your living and dining experience to your needs. One main living area boasts floor-to-ceiling windows, filling the space with natural light, complemented by vaulted ceilings, and a charming gas fireplace. The kitchen has been thoughtfully remodeled, featuring a quartz island, tile backsplash, new appliances, updated countertops, and new modern lighting. Want flexible dining space? Whether you opt for the formal indoor dining area, the inviting outdoor deck, or the casual breakfast nook, the choices are yours to savor. The primary bathroom has undergone a complete renovation, with new countertops, shower tile surround, flooring, sinks, and lighting. Entertain guests on the expansive updated deck or on the secondary terrace by the fire pit lounge area, surrounded by nature. On nearly a quarter acre, this spacious and private lot is amongst a canopy of trees that backs up to Hidden Springs green space. Close to Mary S. Young Park, where you can enjoy miles of hiking and biking trails, picnicking, fishing, and more. With access to the prestigious West Linn school district, the neighborhood provides top-tier education. No HOA. Come quick!

08/29/2023

Gen Z: The Next Generation Is Making Moves in the Housing Market

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to owning their own homes.

If you’re a member of this generation, and you’re interested in pursuing your own dream of homeownership, here’s some information you may find helpful on why and where your peers are buying.

The Reasons Gen Z Want To Become Homeowners

A recent survey by Rocket Mortgage identifies some of the top motivators driving Gen Z buyers to purchase a home: “Of those surveyed, 34% said that starting or growing their family was their main motivation to buy a home. . . . Along with growing a...

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence.

08/26/2023

3702 Mohawk Way
West Linn, OR 97068
Beautifully updated West Linn home on the hill surrounded by nature. Versatile floor plan, renovated baths and kitchen, and hardwood style flooring throughout. Private lot backs to green space. Top-tier education. This home has it all!
3bed - 3.5bath - 2,223 sqft.
Open House Saturday and Sunday 12-3pm.

08/26/2023

Sunday 8/27 from 12-3pm.
3 bedrooms, 3.5 bathrooms, 2223 sqft, 10,000+ sqft lot
Beautifully updated West Linn home nestled in the hill surrounded by nature. With a versatile floor plan, this home presents an opportunity to tailor your living and dining experience to your needs. One main living area boasts floor-to-ceiling windows, filling the space with natural light, complemented by vaulted ceilings, and a charming gas fireplace. The kitchen has been thoughtfully remodeled, featuring a quartz island, tile backsplash, new appliances, updated countertops, and new modern lighting. Want flexible dining space? Whether you opt for the formal indoor dining area, the inviting outdoor deck, or the casual breakfast nook, the choices are yours to savor. New luxury vinyl plank flooring throughout the entire home! The primary bathroom has undergone a complete renovation, with new vanities, shower tile surround, flooring, sinks, and lighting. Entertain guests on the expansive updated deck or on the secondary terrace by the fire pit lounge area, surrounded by nature. On nearly a quarter acre, this spacious and private lot is amongst a canopy of trees that backs up to Hidden Springs green space. Close to Mary S. Young Park, where you can enjoy miles of hiking and biking trails, picnicking, fishing, and more. With access to the prestigious West Linn school district, the neighborhood provides top-tier education. This home has it all!

https://pages.kw.com/lauren-mitchell/748536/cjg1ndqu6te2fasjpj2g.html

08/24/2023

More Jobs and Better Pay Leads to More Buyer Demand

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house.

More Jobs Are Being Created

Instead of facing the job losses typical of any recession, the economy has been growing and adding jobs. According to the Bureau of Labor Statistics (BLS), 187,000 jobs were created in July, which is up from the 185,000 created in June. That means more people are finding work. In fact, so many jobs are being added that the unemployment rate is far lower than the long-term average of 5.7%.

A low unemployment rate means that most people who want to work are finding jobs. When people have jobs, they have steady incomes – and that can help set them up...

There’s been talk about a recession for quite a while now.

08/22/2023

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause for concern.

Why ARMs Have Gained Popularity More Recently

Last year is when mortgage rates climbed dramatically. With higher borrowing costs, some homeowners decided to take out this type of loan because traditional borrowing costs were high, and an ARM gave them a lower rate.

Why Today’s ARMs Aren’t Like the Ones in 2008

To put things into perspective, let’s remember these aren’t like the ARMs that became popular leading up to 2008. Back then, when a buyer got an ARM, banks and lenders didn’t require proof of their employment, assets, income, etc...

08/10/2023

The Value of an Agent When Buying Your New Construction Home

Buying a new construction home can be an exciting experience. But navigating the complexities of buying a home that’s under construction can also be a bit overwhelming. This is where a skilled real estate agent can make all the difference.

Here’s how your agent is an invaluable resource in your search to find and buy your new home.

Agents Know the Local Area and Market

Your agent is well-versed in the emerging communities and upcoming developments that could influence your decision. Your agent can help you find a community that perfectly aligns with your preferences, lifestyle, and future needs.

Knowledge of Construction Quality and Builder Reputation

An agent also has the expertise to evaluate the construction quality and reputation of different builders. This information can help you avoid any potential risks and help you confidently select a...

Buying a new construction home can be an exciting experience.

08/08/2023

There's Only Half the Inventory of a Normal Housing Market Today

Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.

You may have heard inventory is low right now, but you may not fully realize just how low or why that’s a perk when you go to sell your house.

While the housing inventory did grow slightly week-over-week, overall supply is still low. Compared to the same week last year, supply is down roughly 10% – and it was already considered low at that time. But, if you look further back, you’ll see inventory is down even more significantly.

To gauge just how far off from normal today’s inventory is, let’s compare right now to 2019 (the last normal year in the market). When you compare the same week this year with the matching week in 2019, supply is about 50% lower. That means there are half the homes...

Wondering if it still makes sense to sell your house right now?

08/03/2023

How Inflation Affects Mortgage Rates

When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know.

The Fed is trying hard to reduce inflation. And even though there’s been 12 straight months where inflation has cooled, the most recent data shows it’s still higher than the Fed’s target of 2%.

While you may have been hoping the Fed would stop their hikes since they’re making progress on their goal of bringing down inflation, they don’t want to stop too soon, and risk inflation climbing back up as a result. Because of this, the Fed decided to increase the Federal Funds Rate again last week.

Greg McBride, Senior VP, and Chief Financial Analyst at Bankrate, explains how high inflation and a strong economy play into the Fed’s recent decision:...

When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed).

08/01/2023

Sellers: Don’t Let These Two Things Hold You Back

Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.

Challenge #1: The Reluctance to Take on a Higher Mortgage Rate

The Advice: Waiting May Not Pay Off

While experts project mortgage rates will gradually fall this year as inflation cools, that doesn’t necessarily mean you should wait to sell. Mortgage rates are notoriously hard to predict. And, right now home prices are back on the rise. If you move now, you’ll at least beat rising home prices when you buy your next home. And, if experts are right and rates fall, you can always refinance later if that happens.

Challenge #2: The Fear of Not Finding Som...

Many homeowners thinking about selling have two key things holding them back.