How buying a home can impact the Economy

The Economic Impact of Buying a Home | MyKCM

We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the players involved in a real estate transaction are changing to a virtual format. What isn’t changing, however, is one key thing that can drive the local economy: buying a home.

We’re all being impacted in different ways by the effects of the coronavirus. If you’re in a position to buy a home today, know that you’re a major economic force in your neighborhood. And while we all wait patiently for the current pandemic to pass, there are a lot of things you can do in the meantime to keep your home search on track.

Every year the National Association of Realtors (NAR) shares a report that notes the full economic impact of home sales. This report summarizes:

“The total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.”

Here’s the breakdown of how the average home sale boosts the economy:The Economic Impact of Buying a Home | MyKCMWhen you buy a home, you’re making an impact. You’re fulfilling your need for shelter and a place to live, and you’re also generating jobs and income for the appraiser, the loan officer, the title company, the real estate agent, and many more contributors to the process. For every person or business that you work with throughout the transaction, there’s also likely a team behind the scenes making it all happen, so the effort multiplies substantially. As noted above in the circle on the right, the impact is almost double when you purchase new construction, given the extra labor it requires to build the home.

The report also breaks down the average economic impact by state:The Economic Impact of Buying a Home | MyKCMAs a buyer, you have an essential need for a home – and you can make an essential impact with homeownership, too. That need for shelter, comfort, and a safe place to live will always be alive and well. And whenever you’re able to act on that need, whether now or later, you’ll truly be creating gains for you, your family, local business professionals, and the overall economy.

Bottom Line

Whenever you purchase a home, you’re an economic driver. Even if you’re not ready or able to make a move now, there are things you can do to keep your own process moving forward so you’re set when the time is right for you. Let’s connect to keep your home search – and your local contributions – on track.

Exercise….it’s helping me stay sane.

Copy of Copy of March 2020 Graphics ALT 2 copy 4So, as we start week three of life being turned upside down the question has been how to choose a hot spot of the week when we’re supposed to be social distancing, and only going out to get essentials.  I decided this was the perfect time to showcase some of my favorite virtual faves, as well as share businesses that are doing curb side pick up or take out.

This weeks virtual hot spot is Daily Burn.  One of my friends introduced me to them several years ago, and I’m so grateful.  During this time exercise is one of the things that is helping me to stay sane.  I have enjoyed getting out of the house to go for a walk, unfortunately our weather hasn’t been the best so walks are on hold.  Therefore I am streaming my workouts from Daily Burn.  I love that each morning at 6 AM PDT there is a brand new workout (weekends are repeats, and currently they are sharing workouts that had been pre-recorded), in addition there are so many different workout options to choose from.  They’ve got yoga, strength training, mobility, and so much more.  One of the options they have that I love is short 5 min or 10 min workouts.  So if you’re short on time you can still get a little workout in.

It is a subscription model and there are several different options for you to choose from.  I know that this may not be the best option for some of you during this time as you may be cutting back on expenses, however they do have a 60 day free trial so that would give you a time to try it.

When you need advice seek out an expert

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Everyday the news is full of information on the coronavirus which has a lot of people on edge regarding both their health and financial situations.  During times like these you want exact information about anything that is happening in the world you live in, including the correct protocol for grocery shopping.  Information brings knowledge, and that can give you a sense of relief and comfort.

If you’re thinking about buying or selling a home today, the same need for information is very real. Buying or selling a home is such a big step in your life, that your desire for clear information is even greater during this process. Given the current level of overall anxiety people might have right now, you want the advice you seek to be truly perfect. Unfortunately no one can give you “perfect” advice. Experts however can give you the best possible advice for your specific situation.

Let’s say you need an attorney, so you seek out an expert who specializes in the type of law required for your case.  You go to their office, yet they won’t immediately tell you how the case is going to end or how the judge or jury will rule. If they could, that would be perfect advice. What a good attorney can do, however, is discuss with you the most effective strategies you can take. They may recommend one or two approaches that they believe will be best for your specific case, and allow you to decide  how to proceed based off of that advice.

Once you decide, they can help you put a plan together based on the facts at hand. They’ll help you achieve the best possible resolution and make modifications in the strategy are necessary to help guarantee that outcome. That’s an example of the best advice possible.

The role of a real estate professional is just like the role of a lawyer. An agent/broker can’t give you perfect advice because it’s impossible to know exactly what’s going to happen throughout the transaction – especially in this market.

An agent/broker can, however, give you the best advice possible based on the information and situation at hand, guiding you through the process to help you make the necessary adjustments and best decisions along the way. An agent/broker will get you the best offer available. That’s exactly what you want and deserve.

Bottom Line

If you’re thinking of buying or selling, contact a local real estate professional to make sure you get the best advice possible.

Spending more time indoors, how about some new toys for the kiddos.

Hotspot 3:16I don’t know about you, but these are some interesting times that we are living in.  There’s no tp to be had, stores are out of everything, the kids are home for who knows how long, and parents are wondering how to keep their kiddos busy.

I personally have been wondering how store closures are going to affect small businesses.  I love seeing their creativity and how we are coming together as a community to help each other out.  One way that business are helping out is to provide curbside delivery.  One such business that is doing this is Piccolo Mondo Toys.  They are doing phone orders, and then curbside pick up.

Creativity is going to be the key to getting through the new times that we live in.  As a Realtor® I am having to think outside the box with how I help my clients in order to keep all of us safe.  Adaptability is what is going to get us through this.  Stay safe my friends, and go get your kiddos some new toys.

Piccolo Mondo Toys has several locations in the metro area.  To order online and get a curbside pick up in Hillsboro call 503.640.8301.

 

Blooming Plants Ahead!!!!!!

IG:FB hot spot for 3:9For several years my husband and I would drive by Blooming Junction  on our way to Cornelius or Forest Grove and would say one of these days we need to stop by here.  Two years ago we finally did just that, and we were not disappointed.

I honestly have never been to a nursery like this one.  I could wander for a few hours just looking at all of the plants looking for the perfect ones to go into our planters and yard.  The staff is very knowledgeable, and if you’re lucky you’ll get to see the resident cat who is very friendly.   With regards to the knowledge of the staff I had been on the hunt for purple fountain grass for quite some time.  We didn’t know what it was called but based off of our description the staff knew exactly what I was looking for and took us straight to it.

Their website is user friendly and provides you with a list plants that they currently have on hand.  When you check out you can browse their grocery store, and if you’re looking for a Community Supported Agriculture group to join you can sign up with them.  It’s a great way to support local agriculture and get in on some amazing fruits and veggies.

Now as I mentioned in a previous blog post I have a black thumb.  When it comes to plants and our yard that’s my husband’s domain.  However I might be able to learn to have green thumb thanks to all the classes and events that Blooming Junction offers.

As you get ready to look for your spring and summer plants be sure to take the drive to visit.  Blooming Junction is located at 35105 NW Zion Church Road in Cornelius.

Spring is in the air!

IG:FB 3:1I absolutely love this time of year.  The days are getting longer, and the flowers are starting to bloom.  I love looking out into my yard and seeing the daffodils and tulips starting to bloom.  It reminds me that it won’t be long before it’s time to head to the nursery and pick out plants for our yard, and planters.  My husband likes to say you point and I plant.

So, to celebrate this time of year I will be picking a different nursery on the westside to share with you for the month of March.  This week it’s Starkey’s Corner. Living in North Plains I love that they are just down the way off of Glencoe Road.  It comes in handy when my husband is out in the yard and decides that there is a spot that needs something.  We can just jump in the car go get something and be back home in less than an hour.

The gardeners that they have working are knowledgeable which is a good thing because we aren’t good at keeping tags.  That means we often times go in saying um we’re looking for this plant that’s purple with flowers about yeah big, or we just have a photo.  They are always able to direct us to the plant we are looking for.

When I drive by at this time of year heading home from an open house I love getting to see the color starting to appear.  From house plants to seeds to roses and more they have lots of items for you to choose from.  They are located at 31665 NW Scotch Church Road in Hillsboro be sure to stop by when looking for plants for your yard or planters this season.

We send our kiddos to day camps when schools out, and now Fido can go too.

blog copyI don’t know about you but when my sweet yellow lab Tuggie was alive he was just another member of the family.  I hated leaving him when we’d go on vacation, and thankfully we had a place I was comfortable boarding him at.  However, I sure could have used a place like this weeks hot spot during the day.  Camp Bow Wow  will be opening soon in Hillsboro and I just know your four legged family members are going to love them.

They provide dog daycare, dog boarding and dog grooming for the four legged members of your family. One of the things I love is that their employees aka camp counselors are extensively trained in doggie behavior, first aide and CPR.  In addition, they’ve got indoor and outdoor play areas and they do not charge extra if Fido needs to have medication administered while at camp.  I also love the fact that dogs who are boarded overnight get to have an individual space to sleep, and they provide them with a night time treat.

I know that some pet parents worry about what their furry family members are doing at camp, and if they are having fun.  If that’s you it’s amazing that you can check on your dog thanks to their web cams and the app that they have, not to mention the fact that they require all of their campers to go through a socialization interview, be spayed/neutered and current on all vaccinations.  So you know that Fido will be safe while at camp.

Located at 2900 SE Cornelius Pass Road in Hillsboro, they’re located close to TV Hwy making it easy to drop your doggo off on your way to work.

 

I love brunch!!!!!

My Copy of February GraphicsI love getting to go to brunch.  I think it might be because when my late husband was alive we always used to go out to brunch after church so I have some good memories.  Unfortunately after my daughter and I were diagnosed with Celiac Disease brunch went by the wayside.  That is until we found Biscuits Cafe – Bethany.

Biscuits is the perfect brunch location because they are open Monday – Friday and Saturdays from 6:30 AM – 2:30 PM and Sundays from 7 AM – 2:30 PM.  They have a fantastic menu for those who do not have to eat gluten free, and for those of us that do they offer gluten free english muffins and toast, as well as gluten free french toast and gluten free waffles. This means I can get my brunch on and not feel like I’m stuck to just one or two menu items.  If breakfast isn’t your thing they do offer lunch options as well and I love that you can sub gluten free bread with their sandwiches.  Always a nice option because typically I get stuck with a gluten free hamburger bun as my bread option when I order a sandwich somewhere.

I will say that if you go on the weekends get there early because they get busy, and if you have a large crowd be prepared to wait.  We recently went for my father-in-laws birthday and wound up with quite the wait because we got there at 10 AM on a Saturday.  Biscuits was full on into the weekend breakfast crowd by then.

So, if you’re looking for a new place to eat give Biscuits a try.  Also, if you have Celiac Disease I encourage you to do your own research before heading in to make sure that you feel comfortable with eating there.  While I have not gotten sick I do know that others may be more sensitive and cross-contamination is always a risk for us when we eat at restaurants that are not 100% gluten free.

 

 

Do I really need all this stuff????

As a Realtor® I spend a lot of time in the car, and the radio or streaming music can get really boring.  I began to look at the time in the car, as time I could be productive by listening to audio books or podcasts.  Recently I have been listening to Cait Flanders book The Year of Less.  The jist of it is that she spent a year doing a shopping ban and purged over half of her belongings that she wasn’t using as well.  The more time I have spent listening to this book the more I have thought about the clutter in my own home, and the fact that I just need to get rid of some stuff.

IMG_8989While I should go on a shopping ban, I know myself well, and know that probably wouldn’t work.  I am working on thinking about purchases as a want v. need item, and have decided to do the whole declutter thing and look at the percentages of stuff I take out of my home.  Today I tackled one of the cabinets in my bathroom.    As I pulled items out of the cabinet I counted just how much stuff was in it.  Friends, there were 73 items in just this one cabinet!  No wonder I wound up with 3 things of dental floss piks, I could never find them when I needed them.  IMG_8991

As I started to put items away there were some things that I knew I was never going to use and were not able to be sent on to a new home, so I threw them away.  There were a few things that needed to be pulled out of the cabinet so they could be used, and then there was the stuff that needed to go back in. When all was said and done I got rid of 38% of the items that were in the cabinet!  I am shocked and it’s no wonder I could never find anything.  IMG_8992

Now I know that this type of purge isn’t for everyone, however what I’ve decided is that I need to realize if I had to move I don’t want to do this stuff at that time.  This means it’s important for me to continue to keep the stuff in check.  I’ll keep you posted on how things go.