Stewart Real Estate Group Podcast
97 episodes - English - Latest episode: 20 days ago -If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Stewart Real Estate Group - your professional Portland Real Estate Agents.
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Episodes
Maximize Your 2024 Home Sale with 3 Insider Tips
April 07, 2024 00:00 VideoThree expert tips for selling your home successfully in 2024 As we navigate through the ever-evolving real estate landscape of 2024, selling your house requires more than just putting up a “For Sale” sign. Here are three crucial tips to ensure your home not only attracts potential buyers but also secures a sale. 1. Prioritize repairs. Before listing your home, take the time to address any necessary repairs. This could range from basic maintenance, like cleaning gutters and re-staining dec...
3 Trends That Are Driving Real Estate Dynamics Today
March 23, 2024 00:00 VideoHere are the three main trends that are shaping the current market. It’s crucial to stay informed about the latest market trends and patterns. Here are the three significant developments I’ve observed that are currently shaping the marketplace and influencing both buyers and sellers. 1. Buyer hesitancy. One prominent trend I’ve noticed is an increasing hesitancy among buyers. This hesitancy isn’t necessarily driven by fear but rather by a sense of uncertainty regarding the market’s trajec...
A Sneak Peek into the Promising 2024 Real Estate Market
February 27, 2024 00:00 VideoFind out what’s going on in real estate in the first half of this year. Anticipating trends is crucial for both sellers and buyers. The first half of the year promises exciting opportunities for those considering entering or exiting the market. Drawing from over two decades of experience in the industry, I believe there are compelling reasons to act, particularly in the coming months. Historically, election years inject an element of uncertainty into the real estate landscape. As we appro...
5 Overlooked Tips To Sell Your Home Fast
February 13, 2024 00:00 VideoEnhance your home’s appeal and speed up your sale with these tips. Selling your home involves more than just listing it on the market. Beyond the usual advice, there are often overlooked details that can significantly impact your sale. Today, I’m sharing five less obvious but crucial tips to ensure your home doesn’t just list but sells. Feel free to watch the full message above or use these timestamps that will direct you to various points in the video: 0:00 — Introduction 0:09 —- Deep ...
Strategies for Success in the 2024 Real Estate Market
January 29, 2024 00:00 VideoLet’s go over what is on the horizon for our real estate market in 2024. Are you contemplating a significant move this year? Perhaps it’s time to step off the fence and make that change you’ve been considering. Many potential home sellers have been hesitating due to their favorable interest rates, but the tide might be turning. A growing number of homeowners are feeling the need to upsize, downsize, or relocate. The only thing holding them back is the fear of losing their excellent intere...
Is the Real Estate Market Shifting to Multiple Offers in 2024?
January 18, 2024 00:00 VideoExplore how recent interest rate changes are reshaping real estate. Today, we’re addressing a burning question in the real estate world: With the recent dip in interest rates, is the market shifting back to a multiple-offer scenario? The short answer is “kind of, but probably not.” We’ve seen a significant drop in interest rates, from nearly 8% down to the mid-sixes, which has indeed stimulated more activity in the market. There are instances of multiple offers, primarily due to high dema...
The Truth Behind Distressed Sellers in Today’s Housing Market
January 04, 2024 00:00 VideoHow rising interest rates impact distressed sellers and the market. What happens if you can’t pay your mortgage? Today I’ll discuss the potential ramifications for homeowners facing financial constraints in meeting their mortgage obligations, and also provide valuable insights into homeowners’ equity standings and strategic approaches amidst the evolving dynamics of the housing market. It’s becoming common for individuals to sell their properties within a year or two due to various reason...
What’s Going On With Interest Rates? What You Need To Know
December 06, 2023 00:00 VideoHere’s what you need to know about the latest interest rate news. In recent weeks, the fluctuating interest rates have significantly impacted the real estate market, and I want to shed light on this experience to help those unfamiliar with my day-to-day role. Around early November to October, interest rates reached 8%, and the consequences were notable. The market seemed to hit a sudden slowdown, causing a noticeable decrease in showings and overall activity. As an active agent, I could o...
How Are Higher Interest Rates Impacting Our Housing Market?
November 06, 2023 00:00 VideoHow higher mortgage interest rates are impacting our housing market. By now, you probably know that interest rates are hovering around 8%. How is this development affecting the real estate landscape? As a seasoned real estate professional, I’ve been monitoring the shifts closely. First and foremost, higher interest rates are softening the market. Contrary to the fears of a market crash, we’re experiencing more of a gentle deceleration. In practice, this means homes are lingering on the ma...
Decoding the Future: Real Estate Market Projections
October 24, 2023 00:00 VideoThis is what the experts have to say about the future of real estate. In today’s discussion, I’ll delve into the future of the housing market, exploring three significant predictions made by experts in the field. These insights shed light on what to expect in the coming years, offering valuable information for both homebuyers and sellers. So, let’s get started and uncover the key factors that will shape the housing landscape. Here are the three key predictions regarding the housing market....
Is Buying With Cash Always the Best Choice?
October 05, 2023 00:00 VideoThese are the advantages and disadvantages of being a cash buyer. Today, we’re discussing the role of cash buyers in real estate. Is cash always the ultimate advantage? Let’s break it down. Cash can be advantageous for both buyers and sellers in specific scenarios. For sellers, having a cash buyer can expedite the sale without the need to navigate appraisal timelines. Sellers are often more willing to negotiate terms with cash buyers. Additionally, cash buyers bypass the financing conting...
From Storms to Sales: Understanding Real Estate's Hurricane-Style Waves
September 13, 2023 00:00 VideoExplore the similarities between the real estate market and hurricanes. In today’s discussion, we’re taking an unexpected turn, exploring the intriguing parallels between the real estate market and hurricanes. You might wonder, “Why hurricanes?” Well, having family in hurricane-prone areas like Florida, I’ve witnessed how closely they track these storms. As I thought about it, I realized that these natural phenomena share more similarities with the real estate market than you might expect....
Unlocking the Mysteries of Probate and Estates: Vital Insights for Homeowners
August 14, 2023 00:00 VideoExplaining what you need to know now about probate and estates. Today, I’m here to talk about probate and estates. These terms greatly affect how I sell properties, so I’m here to share some information I believe you should know. If you do not have a trust set up for your assets and something happens to you, your assets will sit in probate court for four to six months until the court system decides who’s your next of kin. This process takes time and money, but it can be avoided. It’s ver...
Thinking About Downsizing? You Should Start Sooner Rather Than Later
July 20, 2023 00:00 VideoHere’s what you need to know about waiting to downsize in Portland. Are you considering downsizing? There are many advantages to a smaller living space, but I suggest you don’t wait to make a move. Recently, I held an open house in a 55+ community, and it was packed. On top of that, everyone showed genuine interest in the property; no one was just there to window shop. If you are thinking at all about downsizing, you should start the process sooner rather than later. The truth is that in...
Unlocking Success in Short-Term Rentals Through the Power of AirDNA
June 20, 2023 00:00 VideoHere’s what you need to know about a short-term rental app called AirDNA. Today, I want to delve into the topic of short-term rentals and discuss a powerful tool called AirDNA. This app is an indispensable resource for anyone interested in purchasing a property for short-term rental purposes. By utilizing AirDNA, you gain access to valuable information about existing properties in the area, including their nightly and occupancy rates. Consider Air DNA your ultimate investor’s toolbox, pr...
Understanding Tax Exemptions: How Much Do You Qualify for When Selling Your Home?
June 02, 2023 00:00 VideoWhat homeowners need to know about capital gains exemptions. Today, I’m here to talk about a very important topic: tax exemptions. I often get asked this question when people are selling their properties: “Will I have to pay capital gains tax to the government on my equity appreciation?” To find out, let’s do some simple math. If you’re single, you can make $250,000 off capital gains before paying taxes. Therefore, if you bought a house for $500,000 as a single person and its value incre...
The Importance of Pricing Your Home Correctly
April 12, 2023 00:00 VideoNot pricing your home correctly will end up costing you a lot more money. One of the most important factors when selling your home is pricing it correctly from the beginning. If you price it too high, your home could sit on the market for an extended period, leading to frustration and potentially costing you more money in the end. A home that sits on the market for too long can also become stigmatized, leading potential buyers to wonder if there’s something wrong with the property. Pricin...
Essential Items Home Sellers NEED To Disclose
March 16, 2023 00:00 VideoListing a few of the most important things to disclose before you sell. As a home seller, you have a ton on your plate, which makes it easy to forget about a very important part of the home-selling process: disclosures. In disclosures, a seller provides written information about known things that could impact the property’s value. Then, the buyer has five days to review what you’ve disclosed and decide if they want to continue with the sale. While there are many different things a seller m...
When You Should Consider Downsizing
March 03, 2023 00:00 VideoConsider these things before deciding to downsize your home. The American Dream: a large house, a white picket fence, and a big yard. This may sound ideal, but what happens when this dream becomes a burden, and the upkeep and constant maintenance of the house weigh you down? That’s when you know it’s time to consider downsizing. When you downsize, you don’t have to sacrifice comfort. A smaller living area can still be cozy and inviting. We’ve helped many people downsize to smaller homes,...
The Pros and Cons of Turning Your Home Into a Rental
February 14, 2023 00:00 VideoShould you sell your primary residence or turn it into a rental property? Should you rent or sell your home? Whenever I’m asked this question, I always try to understand the client’s motivation for wanting to rent rather than sell the property. If you have a long-term plan in mind and understand that being a landlord is not easy and won’t make you massive profits, then renting it out might be a good idea. This might be the case if you plan to return to the home in the future or if you’re ...
What You Need To Know About the Trader Joe’s Effect
February 02, 2023 00:00 VideoHow homes near Trader Joe’s are getting a massive boost in value. Did you know that living near a Trader Joe’s store adds value to your home? They call this the Trader Joe’s effect, and I can concur. I just got off the phone with a homebuyer who’s moving here from out of state, and one of their main requirements was to be near a Trader Joe’s. I share this affection because a Trader Joe’s just opened one mile from my house recently, and to say that I was super giddy about it for months an...
Get Ready for the Market With These 5 Tips
January 06, 2023 00:00 VideoIs your home ready for market? These five tips can help you make sure. If you’re looking to make the biggest bang for your buck while getting your home ready for market, these five tips are for you! Paint. This is what I tell people to do the most. Paint is a quick and easy way to refresh a room. Many people paint their walls over the years but they forget about their ceilings. Griminess can build up on ceilings over time, so repaint there as well. Flooring. If your carpet is soiled...
Inventory Has Increased—But Not by Much
November 30, 2022 00:00 VideoThe latest trends in the Portland housing market you need to know. What’s happening to the Portland real estate market? I’ve sifted through the boring numbers, and in this short update, I’ll share some of the trends that are emerging right now. First, let’s start with the good news. We still don’t have that much inventory. We may have climbed up to 2.4 - 2.6 months of inventory on average, but we’re still not in a buyer’s market. Houses are taking longer to sell, and the average price red...
How Do Interest Rates Affect Our Market?
November 09, 2022 00:00 VideoInterest rates will have a huge impact on our housing market. In case you don’t know, the Federal Reserve raised interest rates for the fourth time this year. This is huge news because for every 1% interest rate increase, home values decrease by 10%. Why is that? The best way I can explain it is with an example. Let’s say you wanted to buy a $1 million home in 2021 with a 3.5% interest rate. Your monthly mortgage payment would be around $5,000. Now that interest rates are around 7.5%, yo...
The Inspection Process Made Simple
October 20, 2022 00:00 VideoThe home inspection process can be summed up in these simple steps. What is a home inspection, and what are the home inspectors looking for? This process can make sellers very nervous. I get asked all the time to help alleviate sellers’ concerns during this process. Today, I’ll share the information I give to them with you, and hopefully, this will clarify the process a little. All contracts allow for a home inspection. It’s very rare for a buyer not to do a home inspection. In the prio...
Get an Accurate Home Value Estimate
October 10, 2022 00:00 VideoThe importance of an accurate home value estimate from an agent. Have you recently asked yourself, “How much can I sell my house for?” If you’re hoping to sell your home, knowing your property’s value is essential so you can price it right and pique buyers’ interest. Or maybe you’re simply curious as to what your home is worth right now and whether your investment has grown in value. Either way, there are several steps you should take and information you can gather to get the most accurate...
Sellers: Why Your Home Is Snubbed by Buyers
September 26, 2022 00:00 VideoEight possible reasons why your home isn’t selling in today’s market. Now that the market has shifted, buyers have more negotiation power. They’ve become much pickier with their selection of homes, and if yours isn’t up to par with their demands, you risk not getting top dollar, or worse still, not selling at all. However, what could be the possible reasons why a house is snubbed by buyers? You can listen to my full explanation in the video above or skip to each topic using the timestamp...
People Will Always Have To Move
August 12, 2022 00:00 VideoA few reasons why people are still moving despite our changing market. Why are people still relocating? With interest rates increasing, prices fluctuating, and the market shifting, you’d imagine that people would put their plans on hold. However, whether you’re purchasing your first or 50th home, buying is a major life decision. You shouldn’t put your plans on hold just because of what’s happening in the market. We have gotten five new buyer clients in the past week, so what’s fueling th...
How To Price Your Home in a Shifting Market
July 06, 2022 00:00 VideoThe market is changing, so you need to price your home differently. We all know that the market is shifting, but that brings up a great question: How do you price a home in this market? You need to get educated on this because pricing your house correctly has never been more important. Over the last couple of years, the market has been climbing at a fever pitch. You could price a home at the top of its range and still be okay. However, that has changed. As we’re seeing more price reducti...
Is it Still a Sellers' Market?
June 10, 2022 00:00 VideoDo buyer's have more buying power today than the did months ago? You’ve probably heard of the last few months that we’re in a sellers’ market and guess what…we’re still in a sellers’ market. You’ve likely heard stories all across the country about extreme seller offers like multiple offers, offers way over list price, and offers waiving contingencies that used to be perfectly normal. But, now that interest rates have risen three are some differences between this sellers’ market and one m...
Not a Bubble or a Crash, Just a New Market
May 27, 2022 00:00 VideoWell, it’s official. The housing market is cooling. It isn’t what it was 60 days, 30 days, or even 2 and a half weeks ago. What’s this due to? Interest rates. We’re seeing fewer bidding wars and sellers are cutting back on their listing prices. In fact, we saw a 28% increase in price reductions just in the last two weeks here in Portland. With interest rates rising, the monthly mortgage payment is too much for some buyers, pushing them away from buying. At the beginning of this year, th...
How Will Higher Rates Affect the Market?
April 29, 2022 00:00 VideoDespite rising rates, we’re not seeing the market slow down. Will rising mortgage rates cool off a hot housing market? In the past few weeks, we saw the Federal Reserve aggressively increase interest rates by over 1%. The rate at which they went up was faster than we expected, especially in Q1. The federal government is raising rates to help curb inflation. However, there isn’t any evidence, so far, to show that it’s making anything change or slow down. Because low inventory has kept our ...
March 2022 Portland Real Estate Market Update
April 01, 2022 00:00 VideoWhat happened this month in real estate? Let’s take a look… Interest rates jumped the highest they have in 3 years to 4.5-5%, which could bring this housing market frenzy to a close. This was the largest jump within a week in over a decade! One year ago today, interest rates were at 2.65% and now they’re at around 4.8%, that’s double from a year ago. The question here is will 5% be a common percentage for us. If that’s so, someone who put down a 20% downpayment on a $585,000 home will s...
How Is Our Market Doing?
March 04, 2022 00:00 VideoYour March market update on inflation, jobs, real estate, and more. In today’s housing market update, let’s talk about jobs, inflation, the stock market, and, of course, real estate in general. First, we need to address The Great Resignation. People everywhere are leaving their jobs. Surprisingly, we added 467,000 jobs in January. The good news is that we’re adding jobs at a steady pace, but the bad news is that the job increase is another reason behind rising interest rates. We are at ...
Why You Should Stage Your Home
February 04, 2022 00:00 VideoI run down seven reasons why you should stage your home before you sell. Should you stage your home? Every real estate agent will tell you yes, but they might not tell you why. Today I want to run through seven benefits of staging your home: 1. Functional obsolescence. This is a fancy real estate term, but it just means that you can show how flaws in your floor plan aren’t really flaws. If you have a challenging floor plan that takes away from your home, staging can help buyers envision ...
How Our Portland Market Is Starting 2022
January 21, 2022 00:00 VideoHere’s how our Portland real estate market is positioned as we begin 2022. 2021 was a unique time for real estate in the U.S., and our Portland Metro market was no different. Today I’m sharing some stats that show where our market is positioned as 2022 begins. In December, we hit a new record low for inventory at 0.6 months’ worth (our absorption rate), which means if no other houses came on the market, we would sell out of them within 18 to 20 days, in theory. We were hovering around th...
Happy Holidays!
December 10, 2021 00:00 VideoFrom our team to your family, we want to wish you a happy holiday season. Happy holidays to you! The holiday season has officially arrived. We hope you enjoy this wonderful time of year and make some fantastic memories. We wanted to take a moment to thank you for your continued support. We love helping people make their real estate dreams come true, so thank you for working with us and supporting our business. This may be a busy time of year, but we are always here to help you and answe...
What to Consider When Hiring a Listing Agent
December 02, 2021 00:00 VideoHere are the five things to consider when hiring a listing agent. I’ve been selling real estate for more than 20 years, so I know what I’m doing. Today I’m sharing five things you need to consider when hiring a listing agent: 1. Get an agent with a digital marketing strategy. Many people are under the impression that the current market is just taking care of itself. In some cases that’s true, but the broker you hire makes a difference in how much exposure you get. Exposure is the key beca...
4 Tips for Selling Your Home In The Winter
November 05, 2021 00:00 VideoHere are four tips to help you get ready to sell this winter. Are you thinking about selling your house this winter? I’m a 20-year vet in the real estate industry, and I’ve seen tons of homeowners go through this process. Selling in the winter doesn’t have to be difficult. Here are four tips for those who plan on selling during the winter season: Get mentally prepared. Think about when you want to sell. Do you want to sell during the holidays? Maybe that means you won’t decorate as much...
Do Haunted Houses Sell For Less? 👻
October 11, 2021 00:00 VideoHere’s how hauntings and negative stigmas affect home values. As we head deeper into October, I thought it would be fitting to discuss a spooky real estate topic: Does a haunted reputation affect a home’s value? The short answer is absolutely! Think about it, would you want to live in a house you know someone was murdered in? Unnatural passings create stigmas around homes, and the severity of the stigma depends on how gruesome the details are. For example, if someone passed away peaceful...
Our Portland September 2021 Market Update
September 17, 2021 00:00 VideoHere’s how our Portland market is doing amid the new wave of COVID-19. Today I’m sharing our Portland real estate market update for September 2021. We are back in the throes of the coronavirus, so how does that affect the market? I’ve been listening to and reading up on many relevant economic topics because the delta variant is throwing everything for a loop again. To tell the truth, we don’t know where things are headed because of this, but I can share what I do know. Feel free to watch...
Why Homebot Is Such a Fantastic Tool for Homeowners
August 31, 2021 00:00 VideoHomebot is the latest and greatest tool for today’s homeowners. I’m excited to share a free resource that’s going to help you track the value of your home, the homes around you, and much more. It’s called Homebot, and I’ve tested it myself quite a bit. It won’t replace the instincts of a local broker with boots on the ground, but it is a fantastic tool that will empower you as a homeowner and help you reach your goals. Cited below for your convenience are timestamps that will direct you t...
Resale Over New Construction in 2021
August 19, 2021 00:00 VideoHere’s why buyers are purchasing resale over new construction. Today’s homebuyer is choosing resale homes over new construction. That was not the case in 2020 when 60% of buyers wanted to buy new construction. What happened in the last year that turned the tide? In 2020, a lot of people ran to buy new construction because they were afraid of buying a resale home in the midst of a pandemic. There’s always a population of buyers that want new construction. Last year, with the lumber prices ...
Is the Housing Market Showing Signs of Slowing Down?
July 30, 2021 00:00 VideoHere are my top three reasons why the market might be slowing down. In today’s hot market, there seems to be one question on everyone’s mind: When will home prices drop? Right now, one of the biggest search questions on Google is, “When is the housing market going to crash?” While we probably aren’t heading for a crash, I think a lot of people can tell the market is shifting a little. Today, I’ll go over in detail my top three reasons why the market may be cooling. You can watch my full...
People Are Moving out of Portland, Part 2
July 07, 2021 00:00 VideoHere are the four states people move to the most when leaving Portland. Today’s blog is part two in my two-part series about people moving to and from Portland and Oregon. Let’s begin by talking about the four feeder states, as we call them. These are the most common states people are moving to when they leave Oregon: 1. Arizona. The largest migration is to Arizona, but we’ve always had many people moving from Portland to Arizona whether it’s for retirement, family, or work (plenty of bu...
The Mass Exodus from Portland
June 25, 2021 00:00 VideoWhy so many people are moving out of Portland. We’ve had quite a year! The events that occurred over the last twelve months have led to what we’re calling a “mass migration,” and not just from Portland—many areas are experiencing exoduses and influxes. California and New York in particular are dealing with people leaving en masse. I combed through the homes sold data over the last six months as well as for 2020, and it was pretty alarming to see the number of people moving out of the are...
Navigating the Market as a Seller-Turned-Buyer
March 17, 2021 00:00 VideoHere are the realities of selling then buying in today’s red-hot market. Many folks are asking themselves, “How can I sell my current house and purchase my next one in this crazy real estate market of ours?” These days, we can no longer write contingent offers. About a year ago, the market was still loose enough that we could get away with submitting contingent offers, or at least writing offers while in escrow. Here in early 2021, forget about it—don’t even consider writing an offer tha...
5 Home Features That Defined 2020
February 22, 2021 00:00 VideoHere are the top five most popular home features among 2020 buyers. The unique challenges of 2020 transformed home-buying trends, and space became king. However, simply saying that buyers sought out larger homes doesn’t quite capture the core of this shift. For the first time in a very long time, people began pushing themselves to find creative and practical ways to optimize every space in their homes—a mindset that will likely persist in 2021. Here are the top five home features that b...
Wishing You Happy Holidays!
December 15, 2020 00:00 VideoHappy holidays to you! The holiday season has officially arrived. We hope you enjoy this wonderful time of year and make some fantastic memories. We wanted to take a moment to thank you for your continued support. We love helping people make their real estate dreams come true, so thank you for working with us and supporting our business. This may be a busy time of year, but we are always here to help you and answer any questions you may have. Give us a call or reply to this email and we’...
What Are You Grateful for This Year?
November 19, 2020 00:00 VideoThe 2020 holiday season has officially begun and it’s unlike any other. Despite all that’s going on, my team and I believe it’s important to take a minute and think about our gratitude’s, even if they seem small this year. I encourage you to think of what you’re grateful for and read this Declaration of Gratitude. We have met some truly wonderful people, and we’re proud to have helped so many reach their real estate goals over the years. We wouldn’t be where we are today without all of ...