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Tom Jenkins

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Halloween Week Report

by Tom Jenkins

Good Foggy Gorge Morning,

 

This morning really looks like fall.  There is almost frost on the pumpkin and there is a thick fog in the morning air.  The weather is now finally transitioning to mid-fifties for highs.  There is also finally moisture in the forecast as well. 

Since my last report, there have been 18 price reductions, 30 pending sales, and 21 closed sales.  Real estate has always been a function of supply and demand.  This is what has been diving our fast paced market this year; high demand and low inventory.  I have seen some crazy prices and some very aggressive offers to insure that the client gets the home they are offering on. For the last thirty years Hood River real estate has been in demand.  This year’s market activity so far has really driven home that point.   We live in paradise and there are many others that want to join us.

It will soon be time to prepare you house for winter.  In my next report, I will share a short list of things to consider in getting your home ready for the cold weather.  Have a great Halloween weekend and please look out for all of the excited trick or treaters. 

 

Enjoy the day,

Tom Jenkins 

Hood River Real Estate and Multiple Offers

by Tom Jenkins

Good Gorge Afternoon,

 

It was another hot one here yesterday.  They are calling for strong wind today, so that will hopefully cool things off a bit. 

 

It was another hot week for real estate here in The Gorge last week.  There were 33 price reductions, 27 pending sales, and 15 closed sales.  Last week I spoke about sharing some ideas that will help make your offer stand out over the others in a multiple offer situations.  The first one is having a letter of pre-approval to present at the time of your offer.  This will show the seller that you are in fact pre-approved and have taken the time to meet with the lender.  This one tip just may put your offer to the front of the line.  I have many other ideas on this subject which I will share in future new listing reports. 

 

Stay cool and enjoy the day. 

 

Tom Jenkins 

Early August Report

by Tom Jenkins

Good Gorge Morning,

 

It looks like it will be another warm one today.  This has been a unseasonably warm summer here in The Gorge.  The market seems to be almost as hot as the weather has been.

 

This past week in Gorge Real estate there were 18 price reductions, 19 pending sales, and 15 closed sales.  This activity represents a very strong week.  I am going to send you a quick look at this activity so you can be up to date on what actually is selling, not just looking at the numbers.  There have been quite a few multiple offer situations this summer as well.  Those are always exciting and you really want to be very well prepared so that your offer is considered in its best light and has the highest likelihood of being the offer that’s chosen.  In upcoming blogs and new listing reports, I will outline some things to consider if you are entering a multiple offer situation that can stack the deck in your favor. 

 

Stay cool and enjoy the day!

Tom Jenkins  

Classic Gorge Day

by Tom Jenkins

Good Gorge Morning to you,

 

This is a classic Gorge day yesterday.  You could  feel the cool marine air pushing in from the west.  It was much cooler than it has been the past week or so.  I hope you got a chance to enjoy the light and thunder show yesterday.  It doesn’t happen too often, however when it does it takes me back to my days of growing up in Nebraska. 

 

Last week was a busy one in Gorge real estate.  There were 14 price changes, 19 pending sales, and 19 closed sales.  Summer is an active time for The Gorge real estate market.  There is always a pent up demand for good Gorge homes that are well priced.  The buyers these days have access to multiple ways of becoming educated on fair market value and many ways of comparing the available inventory to what has sold in the recent past.  Sure there are some emotional buys out there and there are certain areas that command a premium price, however it is my opinion that the screaming deals for either the buyer and the seller are the exception and not the rule.  As I mentioned earlier, there is just too much information readily available to help people on both sides of the buying process to zero in on what “fair market value” really is for any given property. After all what everyone really wants is to pay and receive what is fair for the house in question. 

 

I hope you enjoyed cool weather yesterday as the heat is supposed to return today. 

 

Tom Jenkins 

Counduit can be your friend

by Tom Jenkins

Good Morning,

 

I wanted to pass along a tip that I learned the difficult way.  I built a new home 7 years ago.  Weather always presents both challenges and opportunities.  When you are looking to either landscape or pour concrete it can make or break your experience.  So when the good weather comes, many times you are putting the pedal to the metal to get the most out of the good weather and putting conduit in place can be forgotten.

Here is the tip;  whenever you are pouring concrete or grading your lot consider putting in conduit for future sprinkler lines, electrical, drain tubes for gutter runoff, and I am sure there are many other way this can be used.  It is so easy when there is no hard surface to have to work around and believe me, you will thank yourself in the future when you are irrigating, wanting outside lighting, fence less wiring for pets, etc.

Tom Jenkins

Hood River Real Estate Report 1/20/2014

by Tom Jenkins

Good Chilly Gorge Morning,

 

It is a bit chilly with lingering fog/clouds.  It is forecast to mid-forties all week.  A reminder that Hood River Rotary’s ski night is tonight.  The fun starts at 2pm and tickets are $15-$20.  It should be a good time and it supports our efforts to raise money for scholarships for our local seniors. 

 

Last week in Gorge real estate there were 6 price changes, 8 pending sales, and 5 closed sales.  Our inventory is quite low, both for quality residential listings and vacant lots.  I’ve seen national reports that homes should rise 6% over the next year.  I have a feeling it will be stronger here for our local market.  That being said; if you have been waiting till the market improves to put your home on the market, now might be a good time to have a current market review done on your home to see where it would fit into today’s market place.  Please let me know if I can help you with that.  It is something that I love doing and there is no cost to you. 

 

Enjoy the sun when it’s out, and stay warm when it’s not.

 

Have a great week,

Tom Jenkins

Real Estate in The Gorge

by Tom Jenkins

Good Afternoon,

 

It is a misty warm day here in The Gorge today.  We received almost two feet of new snow at Mt. Hood Meadows this past weekend.  The ski area really needed the snow and so do our farmers for next years supply of irrigation water. 

 

The last week in Gorge real estate was relatively quiet.  However as of last weekend things are starting to pick up.  It is not unusual to have a bit of a lag during the holidays.  I look forward to a strong year with more of a balanced market place.  The interest rates should stay in the 4.75-5.25% range.  We have also made up ground on our home values that had shrunk over the last 4-5 years.  I like it when there is a balanced market and everyone feels they are paying and receiving a fair price for their home. 

 

Enjoy the mild weather while we have it. 

 

Tom Jenkins

Hood River Real Estate thoughts

by Tom Jenkins

Good Morning,

 

We have had a beautiful two weeks of weather here in The Gorge.  Not a cloud in the sky with calm east winds has been the norm.  This should be coming to an end next week.  If you have any chores left to get ready for winter, this is the weekend to tackle them. 

 

Since my last report, things have calmed down just a bit.  I checked in with Amerititle and they said that closings have slowed.  I am noticing that we are experiencing a shortage of building lots at this time.  Even with our lower inventory, I am seeing some very good values in pre-owned homes hit the market.  They are priced right, presented well and offer many amenities for the dollar.  In many instances one could not reproduce them for anywhere close to the asking price.  When you are looking at new vs. pre-owned, it is easy to overlook how expensive the blinds, landscaping, sprinkler systems, and other amenities can be.  When the cost of a lot is somewhere between $100,000 and $115,000 if we can find one, and the cost of construction ranging between $135-$152 a square foot it becomes clearer how great a value some of these 4-10 year old homes are. 

 

If you would ever like to get together to discuss the pros and cons of building vs finding pre-owned homes, it’s one of my favorite subjects.  Please give me a call anytime you have questions about real estate or the market here in The Gorge. 

 

Enjoy the sun!

Tom  Jenkins

Getting your home ready for winter

by Tom Jenkins

Good Afternoon,

 

It is another beautiful day here in Hood River.  It is forecasted to be warm and clear the rest of the week.  With weather like this, the fall Chinook will be dipping into the White Salmon, and the Hood River to cool off, so now is one of the best runs of the year if you want the chance to chase a great fishery in a world class location. I read yesterday that they have had the most salmon recorded going through Bonneville since they have tracking their numbers!

 

Since my last report there were 31 price reductions, 19 pending sales, and 21 closed transactions.  Business is still brisk and there are still many great offerings with new listings coming on the market daily.

With the beautiful weather, it is a great time to take care of those chores that will make the winter months much easier to live with.  Here is my short list:

  • Clean the gutters
  • Put up the firewood
  • Winterize the lawn and shrubs
  • Schedule the sprinkler people to blow out the pipes this fall
  • Stock up on furnace filters
  • Replace the batteries in your smoke alarms
  • Make sure that you have a carbon monoxide detector
  • Wash the windows as you will be looking out them more during the winter
  • Check to make sure that your downspouts are diverting the water far enough away from your home.  Consider splash blocks
  • Fall is also a great time to plant shrubs and trees and both will really add value to your home
  • Touch up any bare wood or loose and failing paint before the wet weather arrives
  • Schedule the chimney sweep
  • Do any caulking etc. that needs temperatures above 50 degrees

 

I hope these ideas help.  If you need a referral for contractors to help with any of these jobs, call me anytime.

Now go have some fun will you can.

 

Best Regards,

Tom Jenkins

School is back in session.

by Tom Jenkins

Good Morning,

It is forecasted to be a beautiful late summer/early fall week here in The Gorge.  It should reach 90 degrees here for the next few days.   Speaking of hot, our market place started heating up in late March and has been cooking right along all summer.

With the starting of school, we usually see things calm down for just a bit.  I am not sensing that at all this year.  I wanted to show you what has been selling.  Please click on the view report link below and you will see what has been happening in our market.

As always, I appreciate your support and please let me know when I can help in anyway.

 

Tom Jenkins

 

Please click the link below...

View Report



Hood River Homes

Tom Jenkins, CRS, GRI
Broker OR & WA
RE/MAX River City
209 3rd St. Hood River, OR 97031
541-490-6045
www.HoodRiverHomes.com

Displaying blog entries 1-10 of 55

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