Real Estate Information Archive


Displaying blog entries 1-10 of 18

Exploring Roseburg Oregon: NYE 2018 Rock-N-Bowl

by Mary Gilbert

Sunday December 31, 9pm - 1am

TenDown Bowling & Entertainment presents their Annual New Year's Eve Celebration! This year's NYE bash marks the 10th anniversary of TenDown's Grand Opening!! Help them celebrate a decade of FUN and bring in the new year with All-You-Can-Bowl, Midnight Balloon Drop, Dancing, Appetizer Buffet, Champagne (or sparkling cider for the kiddos!) Midnight toast, FREE limo service to and from the party & More!

Get your own lane for $100 per lane, includes 6 tickets plus 6 FREE games of bowling to use at another time! *if you don't want to buy a whole lane pay just $20/person for a Community Lane, or if you don't want to bowl pay just $7 each.

 ALL AGES! There is Limited Space so reserve your lane NOW! (Full payment required for reservation)

2400 NE Diamond Lake Blvd, Roseburg, Oregon  97470

Learn more! 

Courtesy of Mary Gilbert, Roseburg Properties Group

There’s More to a Bubble Than Rising Home Prices

by Mary Gilbert
There's More to a Bubble Than Rising Home Prices | MyKCM

What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened.

“A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset’s fundamental value, but the real key for detecting a bubble is speculation…Speculation tends to chase appreciating assets, and then speculation begets more speculation, until finally, for some reason that will become obvious to all in hindsight, the ‘bubble’ bursts.

I have taken to calling the housing market a ‘bubble’.”

– Bill McBride of Calculated Risk calling the bubble back in April 2005

Where do we stand today regarding speculation?

There are two measurements that are used to determine the speculation in a housing market:

  1. The number of homes purchased by an investor and
  2. The number of homes being flipped (resold within a twelve-month period)

As compared to 2005, investor purchases are down dramatically (from 23% to 13%) and so is flipping (from 8.2% to 5.7%). McBride explains:

“There is currently some flipping activity, but this is more the normal type of flipping (buy, improve and then sell). Back in 2005, people were just buying homes and letting them sit vacant – and then selling without significant improvements. Classic speculation.”

What are the experts saying about speculation in today’s market?

DSNews recently ran an article which asked two economists to compare the speculation in today’s market to that in 2005-2007. Here is what they said:

Dr. Eddie SeilerChief Housing Economist at Summit Consulting:

“The speculative ‘flipping mania’ of 2006 is absent from most metro areas.”

Tian LiuChief Economist of Genworth Mortgage Insurance:

“The nature of housing demand is different as well, with more potential homeowners and far fewer speculators in the housing market compared to the 2005-2007 period.”

And what does McBride, who called the last housing bubble, think about today’s real estate market?

Sixty days ago, he explained:

“In 2005, people were just buying homes and letting them sit vacant – and then selling without significant improvements. Classic speculation. And even more dangerous during the bubble was the excessive use of leverage (all those poor-quality loans). Currently lending standards are decent, and loan quality is excellent…

I wouldn’t call house prices a bubble – and I don’t expect house prices to decline nationally like during the bust.”

Bottom Line

Speculation is a major element of the housing bubble formula. Right now, there are not elevated percentages of investors and house flippers. Therefore, there is not an elevated rate of speculation.

Let's discuss your home buying or home selling options! 541.371.5500 or [email protected] 

By: KCM Crew

Merry Christmas and Happy New Year!

by Mary Gilbert

Courtesy of Mary Gilbert, Roseburg Properties Group

Exploring Roseburg Oregon: Scenic Drive to the Oregon Coast

by Mary Gilbert

Looking for something relaxing to do during the holidays?  Take a scenic drive to the Oregon Coast and enjoy all the beauty that Oregon offers.  Get an early start and explore the Land of Umpqua.  Start north of Roseburg at the Winchester Dam and Fish Ladder on the North Umpqua River.  Catch an underwater look at Salmon and Steelhead through glass windows set below the water’s surface. 

Then venture west on Hwy #138 from Sutherlin, toward Elkton.  Be sure to stop and see the Rochester Covered Bridge and the historical marker of Fort Umpqua.  In Elkton, visit award-winning wineries and explore the botanical garden.

Driving west along the main Umpqua River, you will want to stop at the Dean Creek Elk Viewing Area just before Reedsport.  Learn about coastal history at the Umpqua Discover Center in Reedsport and then head to Winchester Bay to see the Oregon Dunes National Recreation Area, Umpqua River Lighthouse and museum.

Once you’re heading back to Roseburg, you can spend the afternoon visiting some more wineries.  Just follow the wine tour signs to experience the picturesque views!

Courtesy of Mary Gilbert, Roseburg Properties Group

Roseburg OR Real Estate For Sale
1024 Southridge Way, Roseburg, OR  97470

Nestled among the trees sits this upscale craftsman home in the gorgeous Winchester Ridge subdivision! An effortlessly flowing floor plan features high ceilings, oversized windows, a gourmet kitchen, gleaming hardwood floors, recessed lighting, 4 spacious bedrooms, 2.5 baths, plus energy efficient electric tankless water heater and mini split heat pump system for heat and a/c. Illuminated with natural light, the open great room and kitchen is perfect for family and entertaining! A gas fireplace and built in bookcase create the focal point in the great room, while the kitchen provides you with an island eating bar, stainless steel appliances, quartz counters and a pantry! A lovely dining area with access to the rear patio makes indoor/outdoor enjoyment a breeze. Escape to your soothing main floor master suite where you will find French doors, a huge walk in closet, double sink vanity and a tiled walk in shower. Easily work for home in the main floor office. Plush carpeting and abundant closet space highlight the three generously sized secondary bedrooms upstairs. A large laundry room with sink and cabinetry helps keep you organized.  Appreciate the peace and quiet while relaxing on the private patio overlooking your 2.15 acres with mature trees and outstanding views! An attached 3 car garage and room to park your RV. Be the first to call 1024 Southridge Way home! 

Mary Gilbert, Licensed Realtor in Oregon has distinguished herself as a leader in the Roseburg OR real estate market. Mary assists buyers looking for Roseburg OR real estate for sale and aggressively markets Roseburg OR homes for sale. 

Mary, Licensed Realtor in Oregon brings with her a keen eye for the details of buying or selling a Roseburg OR home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future –Mary Gilbert of Keller Williams Realty Umpqua Valley will help make the most of your Roseburg OR real estate experience. Give her a call today, 541-371-5500, and discover the difference she can make during your family's move.

Top 5 Benefits of Hiring a Real Estate Agent

by Mary Gilbert

The National Association of Realtors (NAR) recently released their 2017 Profile of Home Buyers and Sellers in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to buyers’ experiences with their real estate agents.

If you are looking to buy in 2018, here are the top 5 benefits of using a real estate agent when buying your dream home as cited by recent buyers:

1. Helped the buyer understand the process – 60%

If you are new to the home buying process, an experienced real estate professional can explain exactly what to expect during the entire transaction so you aren’t caught off guard.

2. Pointed out unnoticed features/faults with the property – 56%

Whether it’s pointing out possible uses for an extra bedroom/office, or using their trained eye to see potentially disastrous hazards that may be hiding out of site, your agent is there to protect your interests and make sure your home buying experience is a good one.

3. Negotiated better sales contract terms – 47%

When it comes to negotiating the complex terms of your contract and coming to an agreement with the seller, it never hurts to have someone who has been there before on your side. If earlier in your search you found a couple of less than desirable features on the home you are going to purchase, your agent can make sure that contingencies are in place for you to pay the best price. Their analysis of comparable properties in the area will also help to make sure that your dream home is priced properly for the market.

4. Provided a better list of service providers – 46%

Real estate agents are titans of networking. Many have a list of preferred providers who they have worked with in the past and who they trust to work as a part of your team to make your dream come true. This can include mortgage professionals (listed as the #8 reason to use an agent at 22%), home inspectors, plumbers, contractors, painters, landscapers, home stagers, and so many more!

5. Improved the buyer’s knowledge of search areas – 44%

Local real estate professionals are often members of community organizations and are usually well versed in their area’s history. Their ties to the community make them a great resource whether you plan to relocate to a new area or across town.

Bottom Line

If your plans for 2018 include purchasing your dream home, let the experts at Roseburg Properties Group help you make the most powerful and confident decision for you and your family. 541.371.5500 or [email protected] 

By: KCM Crew

4 Reasons to Buy a Home This Winter!

by Mary Gilbert
4 Reasons to Buy a Home This Winter! | MyKCM

Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase 

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, you are Paying a Mortgage

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

4. It’s Time to Move on with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

Contact us today at 541.371.5500 or [email protected] 

By: KCM Crew

Exploring Roseburg Oregon: Timber Town Toyland Parade

by Mary Gilbert

December 16, 2017 - 7:00 PM to 9:00 PM

Every year, Sutherlin puts together an electric light parade full of uniquely decorated vehicles just in time for the holiday.  Come see what this year’s parade theme is and all the creative floats that make up this festive event! 

For more information call (542) 459-3280

Downtown Sutherlin

Courtesy of Mary Gilbert, Roseburg Properties Group

Before You Make an Offer, Here Are 4 Tips for Success!

by Mary Gilbert
Before You Make an Offer, Here Are 4 Tips for Success! | MyKCM

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

Freddie Mac covered “4 Tips for Making an Offer” in their Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:

1. Understand How Much You Can Afford

“While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.”

This ‘tip’ or ‘step’ should really take place before you start your home search process.

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).

2. Act Fast

“Even though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.” 

The inventory of homes listed for sale has remained well below the 6-month supply that is needed for a ‘normal’ market. Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream homes.

Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.

3. Make a Solid Offer

Freddie Mac offers this advice to help make your offer the strongest it can be:

“Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.”

Talk with your agent to find out if there are any ways that you can make your offer stand out in this competitive market!

4. Be Prepared to Negotiate

“It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.

Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.”

If your offer is approved, Freddie Mac urges you to “always get an independent home inspection, so you know the true condition of the home.” If the inspector uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller, or cancel the contract.

Bottom Line 

Whether buying your first home or your fifth, having a local real estate professional who is an expert in their market on your side is your best bet to make sure the process goes smoothly. Let’s talk about how we can make your dreams of homeownership a reality! Contact us today at 541.371.5500 or [email protected] 

By: KCM Crew

Roseburg OR Real Estate For Sale
1622 NW Keasey Street, Roseburg, OR  97471

Perfectly situated on a large 0.33 acre lot covered with mature trees and manicured landscaping sits this classic craftsman style home in the heart of Hucrest!  Loaded with charm and character, 1622 NW Keasey St features 4 bedrooms, 2.5 bathrooms, durable tile floors, high ceilings, wainscoting, crown moldings, built ins, neutral colors and a decorative front deck inviting guests in! Your first stop on this impressive home tour is the formal living room with a fireplace. Flowing into the formal dining room where hosting the finest dinner parties is sure to be a delight! Vaulted ceilings and access to the front deck and yard highlight the huge family room. The lovely kitchen is set up perfectly for indoor/outdoor enjoyment with access to the private rear deck and backyard. There is plenty of storage in the walk in pantry, plus abundant cabinetry and counterspace, a tile backsplash and a charming breakfast nook. The main level master is a soothing oasis with plush carpeting and a private bath. The split bedroom plan, with another main level bedroom and two more upstairs, offers privacy and room to grow. A detached garage/shop in the fenced backyard is perfect for all your hobbies, tools and toys. Don't miss the opportunity to retreat from the hustle and bustle of everyday life, simply by coming home!

Mary Gilbert, Licensed Realtor in Oregon has distinguished herself as a leader in the Roseburg OR real estate market. Mary assists buyers looking for Roseburg OR real estate for sale and aggressively markets Roseburg OR homes for sale. 

Mary, Licensed Realtor in Oregon brings with her a keen eye for the details of buying or selling a Roseburg OR home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future –Mary Gilbert of Keller Williams Realty Umpqua Valley will help make the most of your Roseburg OR real estate experience. Give her a call today, 541-371-5500, and discover the difference she can make during your family's move.

Displaying blog entries 1-10 of 18

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Contact Information

Photo of Mary Gilbert Real Estate
Mary Gilbert
Keller Williams Realty Umpqua Valley
2365 NW Kline Street, Suite 201
Roseburg OR 97471
Fax: 541-371-5501

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