Pete

Selling a house? 8 steps for making a big first impression

By Pete / July 18, 2018

Getting a home on the market the right way and making a show-stopping first impression is critical to selling fast and for more money BYNICOLE SOLARI Have you ever noticed how much selling a home resembles special event production? To get a home on the market and create “a grand entry” requires the same level… Read More

S. Oregon Real Estate Forum, July 11, 2018

By Pete / July 10, 2018

Hope you had a terrific Fourth of July Holiday.  Real Estate sales didn’t take a vacation. In fact take a look at the June Stats from the Southern Oregon MLS.comparing June 2017 and June 2018. Basically, in Jackson County pending sales were up 5% from a year ago while new listings fell 9%. With feweer… Read More

S. Oregon Real Estate Forum, June 20, 2018

By Pete / June 20, 2018

  LEARN HOW TO IDENTIFY, CONTAIN AND REMOVE MOLD Mold loves water and when the two mix the results can be expensive to remedy.  Karl Hamasu and Ron Gabbart of  Service Master of Medford, shared with us the various types of mold that exist in our region.  Where mold usually appears and what.  And best of… Read More

Vacation and Investment Home Sales: A Breakdown

By Pete / June 19, 2018

I am sure many of you have thought about purchasing a vacation home or even to make an investment into a rental property.  You’re not alone.  But what is the difference between the two and when is one better than the other? Enjoy the story below written by  NAR economist Amanda Riggs. “The share of… Read More

S. Oregon Real Estate Forum, June 13, 2018

By Pete / June 13, 2018

Alternative Housing in Southern Oregon On The Real Estate Show We talk a lot about alternative housing options for large numbers of people in S. Oregon.  However, those options are limited. Yet, after listening to Brandon Thoms, from Rogue Habitat and Matt Vorderstrasse from Rogue Retreat, there are people addressing this issue today.  They join… Read More

This is what the average American’s dream home looks like.

By Pete / June 12, 2018

New Builds, Spacious Rooms and plenty of privacy are the top must-haves for aspiring homeowners.  This article from Inman News, hits the nail on the head and see how it compares to our Southern Oregon Market.  Submitted by Marian Mcphearson. According to a survey conducted by Digital Third Coast, 75 percent of Americans believe homeownership… Read More

Mortgage Rates Hit Seven Year High

By Pete / June 5, 2018

(GLOBE NEWSWIRE) — Freddie Mac today released the results of its Primary Mortgage Market Survey, showing that after plateauing in recent weeks, mortgage rates reversed course and reached a new high last seen seven years ago. Sam Khater, Freddie Mac’s chief economist, says the 30-year fixed mortgage rate edged up to 4.61 percent, which matches the… Read More

S. Oregon Real Estate Forum for June 6, 2018

By Pete / June 5, 2018

Hello Friends…… FAIR HOUSING TURNS 50, Still Relevant Today! We take so many things for granted in real estate today.  Discrimination in housing in the USA was transformed by the Fair Housing Act which made it illegal to deny housing to anyone based on race, religion, family status or age. This lead to the American… Read More

S. Oregon Real Estate Forum, May 30, 2018

By Pete / May 30, 2018

FAIR HOUSING TURNS 50 The Fair Housing Act in the United States intended to protect the buyer or renter of a dwelling from seller or landlord discrimination. Its primary prohibition makes it unlawful to refuse to sell, rent to, or negotiate with any person because of that person’s inclusion in a protected class. Is Fair Housing Act still… Read More

Tips to Feel Comfortable at Closing

By Pete / May 29, 2018

You’re in the process of buying a home, and your closing day is approaching. Congratulations! The tips below can help you close your home smoothly, helping you move in as soon as possible. Your Closing Disclosure, which runs through all the details of your loan, will be provided by your Mortgage Lender at least three… Read More

Negotiating Home Fixtures: Who Gets What?

By Pete / May 24, 2018

You may not think this is a big deal until you end up in a deal and then it can become a big issues. What are Fixtures and who gets what is a real estate transaction.  Remember anything is negotiable. DAILY REAL ESTATE NEWS | TUESDAY, MAY 15, 2018 Before buyers make an offer, they’ll… Read More

S. Oregon Real Estate Forum for May 23, 2018

By Pete / May 22, 2018

                                    MEMORIAL DAY WEEKEND TRIBUTE Memorial Day Weekend reminds us about those who served our country and honors their memory. This Monday, May 28, at 11 am, at Eagle Point National Cemetery, my real estate partner and friend… Read More

First Time Homebuyers Stifled by Low Supply & Affordability

By Pete / May 21, 2018

This piece comes from the NAR and points out the issues surrounding First Time Homebuyers.  Remember a First Time Homebuyer is some who has not owned a home in the previous three years.  You may have owned in the past and that’s OK. NAR…….. “Despite solid interest in buying a home – sparked by steady… Read More

The Market is Talking!

By Pete / May 16, 2018

This is the latest Market Information for Southern Oregon Real Estate Highlights, in particular…..New Listings are up 27%; while pending sales are up 10%. In particular note months supply of inventory is up 27%.  There is more competition for sales, more listings, less pendings but a lot of keybox activity.  That means buyers are out… Read More

S. Oregon Real Estate Forum, May 15, 2018

By Pete / May 14, 2018

by Pete Belcastro, Principal Broker, John L Scott Southern Oregon When is a Building Permit Needed? Kimberly London, is an expert on building permits thru the City of Medford’s Building Department.  If you watch last week’s show she explains when and for what purposes you would need to obtain a building permit from the city… Read More

Single Women Outbuy Men in Homeownership

By Pete / May 14, 2018

from National Association of Realtors…….May 12 Single women are purchasing homes and condos at more than double the rate of single males. The trend is expected to keep growing, too. Last year, single women comprised 18 percent of all home purchases, while single men accounted for 7 percent, according to the National Association of REALTORS®.… Read More

Building Safety Goes Back a Long Way in Medford

By Pete / May 10, 2018

Building permits have been around a long time.  In Medford the first permits were issued in 1913.  In Jackson County, 1975.  Kimberly London, City of Medford Building Department, is a history buff of sorts about building permit and what they tell us about the development of Medford.  She is the guest on this week’s Real… Read More

S. Oregon Real Estate Forum, May 8, 2018

By Pete / May 7, 2018

by Pete Belcastro…. Problems with Permitting How do you know when you need a permit to build or remodel a property?  What do I do if I have an unpermitted part of my residence? These are common questions that consumers need to know, especially if you find yourself in a position to ask the questions. … Read More