Coos Bay Real Estate News

It is possible to update your kitchen on a budget.  Remodeling a kitchen can turn out to be one of the most expensive projects in a home, as the price of new cabinets, new appliances, new plumbing, new counters, and installation can all add up to a hefty price tag.  However, more times than not, a kitchen is what sells a Coos Bay home, and considering the kitchen is one of the most lived in rooms in a home this makes sense. If you are considering selling your Coos Bay home and don’t have a lot of money to pour into it to prepare it for sale, consider some low-cost improvements that will update your kitchen without breaking the bank. 

• The kitchen sink is a great place to start.  Faucets come in a wide variety of modern forms these days.  A simple faucet replacement can make the area around your sink look new.
• Cabinet knobs and drawer pulls offer another inexpensive kitchen upgrade.  Changing the knobs and drawer pulls can give a fresh look to your cabinets.
• Examine the interior of your cabinets.  Can you replace your current shelves with glide out shelving?  Can the space inside your cabinets and cupboards be reconfigured without total replacement?
• A lot of people feel that granite is the only way to go with counter tops.  There are other options that are less expensive and equally attractive.  Consider engineered surfaces if you counters must be replaced. 

Jan Delimont, a MBA certified Coos Bay Realtor, has other ideas on how you can increase the equity of your Coos Bay home for sale without breaking the bank.  Contact Jan Delimont today at 541-290-1850 or by email to find out more about Coos Bay real estate. The more the bones of your kitchen remain the same the less expensive remodeling it will be.  Click here

The Coos Bay real estate recovery appears to be picking up speed.  Helping to accelerate the sales of homes is the extremely low cost involved.  While home values may still drop in many areas, it appears that volume may start accelerating.  The high number of foreclosed homes has pushed the prices of home very low in many parts of the country, helping to create extremely reasonable affordability. 

An interesting examination of real estate sales data uncovers the fact that cash buyers are representing a large percentage (roughly one third) of the nation’s home sales.  Today’s buyers market is a boon for real estate investors who are clearly seeing that the bottom is here, whether it has already hit or is close to being hit.  January showed that home prices on average were the lowest that they have been in close to a decade.

 It is possible to find both positive news and negative news when looking for news about real estate.  As with any information real estate changes from locale to locale, but on the whole the market is seeing signs of recovery.  Those who can afford to buy Coos Bay homes for cash and those who can acquire a mortgage are those who will not be looking back thinking if only I had bought then.

 If you don’t want to be one of the potential buyers that missed out on Coos Bay real estate, contact Jan Delimont, a Coos Bay Realtor, at 541-290-5771 or by email today.

 Click here to read a recent report on how real estate sales are around the nation from Realtor.org.

Vacation real estate appears to be what is selling. A recent article in the Wall Street Journal noted how vacation property and second home markets are starting to see activity. When real estate is suffering all over the nation what is making vacation real estate loosen up? Low mortgage rates and bargain prices. While volume is way up in certain sought-after areas, prices are down and that is bringing buyers in, buyers who don’t want to miss the opportunity to buy a vacation home.

The key is patience and an absence of emotion. The true deals are being bought by patient buyers who are submitting offers until they succeed in finding sellers who are willing to accept a low price. A lot of vacation properties are being bought by cash buyers who are in a position to offer a quick closing with no financing contingencies. As the economy improves so do the piggy banks of the wealthy, who are all too happy to buy a second home in a desirable location.

Click here to read the Wall Street Journal article, “Market for Vacation Homes Is on the Rise”.

Anyone selling a Coos Bay Oregon home gets excited with the anticipation of receiving an offer, how to approach it can be another story. When your Coos Bay Oregon Realtor, like Jan Delimont, calls you with an offer and sends it your way it is important to peruse the contract with a discriminating eye. Look over every detail and try to keep the following in mind:

 Take the emotion out. It is understandable that you are attached to your Coos Bay Oregon home, you might think it is worth every penny you are asking for it, or you might disagree with inspection items. You decided to sell your home, take your attachment away from it and sell it from a real estate perspective.

• Prioritize. What is most important to you as the seller? Closing quickly? Price? Inclusions? Financing?
• What are the buyer’s priorities? If closing quickly is key then maybe you can get closer to your asking price by offering to move up the closing date.

Listening to your Coos Bay Oregon Realtor can be extremely helpful and important during the selling process, from pricing your home to walking through a contract. Look over the details of the contract you receive, make notes, examine the contingencies and ask questions. Having experience and knowledge on your side make selling your Coos Bay home a much easier experience.  Call Jan Delimont, a Coos Bay Oregon Realtor, at 541-290-1850 or by email today!

Many people grow up assuming that they will own a home one day, and while the days of taking everything for granted may appear as days gone by, Coos Bay OR home ownership is a viable dream that has its benefits.  Recent reports show that those who own a home are often more financially stable than those who have stuck to renting.

If you have been considering Coos Bay home ownership here are some of the benefits you could expect from your endeavor:

Affordability.  Right now OR home ownership is at the highest affordability level seen in years.  The historically low interest rates, high inventories and low home values have created an ideal buyers market.

Community.  Owning a home helps create roots in a community.  Neighborhood involvement, dedication to local education, and community spirit all seem more prevalent for those who own homes and are dedicated to making their neighborhood a better place to live.

Tax break.  While there is talk about putting an end to the mortgage interest deduction, for the time being the tax law is still in effect.  The ability to write off mortgage interest paid is an added bonus of home ownership that you will especially appreciate come April 15th.

Ownership.  While you may start off by financing your home, if you stay in it long enough it will eventually be yours.  Having your monthly payments go toward owning a home, rather that making your landlord richer, is a great accomplishment.

Equity.  Owning a home is typically like owning a giant piggy bank.  Homes typically appreciate each year, making your home more valuable the longer you stay in it.

Home ownership is still seen as a beneficial move and when it comes to southern Coos Bay real estate there couldn’t be a better time to be a buyer.  For those who have steady income, money set aside for a down payment, and the desire to stay in an area for the next two to five years, it might just be time to jump off the fence and let Jan Delimont, a Coos Bay Oregon Realtor, find the perfect starter Coos Bay home that meets your needs today.  Contact Jan Delimont at 541-290-1850 or by email for answers to your questions.

There are many things to think about when selling your Coos Bay home during the holiday season. It is hard to believe that the holiday season is upon us. The day after Thanksgiving marks shopping, with waves of holiday shopping specials, sales and more. The day after Thanksgiving also marks a time when many people begin the search for the perfect Christmas tree. When decorating your home and preparing it for the holidays there are a few tips to remember that will keep it safe and help avoid any holiday pitfalls.

When using lighting for holiday decorating remember that strings of lights are designated indoor or outdoor and should be used as indicated. In addition no more than three strands of lights should be used per extension cord. Try to keep your cords organized and out of sight from people, as with any time of year the neater your home appears for a showing the better.

Another thing to consider regarding holiday lighting is turning them on and off. Realtors or anyone else who may be showing your home should be instructed to turn lights off when they leave.

Choose the freshest tree you can find, the drier the tree the more flammable the tree. Christmas tree lights are the cause of countless house fires, don’t let yours be one of them.

The holidays are a busy time of year, filled with cooking. Make sure your appliances are turned off when you are finished baking or cooking.

Lastly, the holidays are a time when theft is at its peak. Do not announce your vacation on your answering machine or by a note on your door. Make sure your Realtor doesn’t let anyone know that your home is empty. If people think you are home or coming home soon they will be less likely to target your house.

The holidays are an enjoyable time, take care of your home and help make the time as stress-free as possible!

Contact Jan Delimont today, 541-290-1850, for more information about Coos Bay real estate and access to the Coos Bay MLS.

News of recovery, historically low mortgage rates and the overall feeling that the bottom is here or near, have many people wondering if now might be the ideal time to buy a first home, trade up to a bigger home, or simply invest in more Coos Bay real estate. Let’s face it, affordability is here when it comes to Oregon real estate. For those who have a steady source of income and have the cash or the ability to acquire a mortgage, there couldn’t be a better time to buy a home.

What are the benefits of investing in Coos Bay real estate? First of all when investing in anything the best return is made when the original purchase it at, or near, its lowest value. Buying a home in today’s conditions allows for more equity to be built over the long term because of the affordability levels currently available.

Home ownership has proven historically to be a good investment more often than not. The people who have lost out during the recent housing bust were, for the most part, people who purchased real estate at the height of the market and people who bought more than they could afford.  To find out if buying Coos Bay real estate right now is a good idea for you, contact Coos Bay OR Realtor, Jan Delimont, at  (541) 290-1850 or by email.  Jan Delimont can help you sell or search for Coos Bay real estate.

Click here to read a recent article from Realty Times in the value of home ownership.

When selling Coos Bay real estate the question of whether a vacant home is good for selling is a viable question, the answer, however, is not so easy. Many real estate professionals believe that a furnished home sells better than an empty home. Then of course there are those that disagree.

A furnished home can show a potential buyer how a home looks when lived in. The trick in this scenario is, of course, that the furnishings should be in good taste, simple and laid out in a way that makes good usage of the home’s space. In addition, the Coos Bay home should be void of personal belongings like photos that can make the home hard to envision someone else living in.

A recent article from Zillow.com on how sellers can increase their property values states that “Vacancy increases sale-ability.” In the case of a vacant home a potential buyer can picture his own items in the home, seeing it for exactly what it is. In the case of an empty home, the way to make the best impression is to have it in great condition because every flaw is visible, from chipped paint to dirty carpet. Take the time to have a vacant home in impeccable condition.

Clearly opinions differ on whether a Coos Bay OR home is more sellable empty than filled. When considering selling your home get together with a Coos Bay Realtor, such as Jan Delimont, and find out what her opinion may be. Jan Delimont has a solid track record and a lot of experience should have a good idea on what sells best in your area.  Contact her at 541-290-1850 or by email to set up an appointment today.