The Clark Group Portland Oregon

The Clark Group

Keeping you up to date about the Portland Oregon housing market.

Not sure what to do to get your home ready to put it on the market? This will give you some basic tips to prepare so that you can hit the market with your best foot forward.

Do you have a plan in place for you and your family in case of a disaster? If you don’t it’s a good idea to make one, especially if you live in an area where fires, earthquakes, hurricanes, flooding, and other disasters are a possibility. Many homeowners create evacuation plans for their homes and practice them with their kids, but far fewer have considered one for their pets. Take these steps to add your pets to your evacuation plan.

Assign pet evacuation to an adult.

Everyone should know how to act during an evacuation, and that includes assigning one parent or adult to the pets. This allows the other parent and the children to focus on their part of the evacuation plan, so there’s no confusion during a high-stress moment when time is of the essence.

Keep evacuation maps and pet carriers readily accessible.

If you need to evacuate, you should know exactly where every important item is. If you pets require carriers, keep them in a place that you can access easily.

Practice your plan.

Include your pets in your home evacuation drills. It’ll help you see how they will respond and make changes to your plan if necessary. Getting your dog out of a window may not be as simple as you think!

Be prepared in case you get separated from your pets.

No matter how much you drill your evacuation plan, it’s possible that a dog or cat will run off while you’re focusing on keeping your family safe. A microchip or a GPS-compatible tag can help you find your pets once it’s safe to return to the area.

A “1031 exchange” is the nickname used to discuss Section 1031 of the U.S. Internal Revenue Service’s tax code. This section states that if an individual exchanges one investment property for another via a 1031 exchange, they may be able to defer capital gains (or losses) that they would otherwise have to pay at time of sale. Section 1031 applies to “property” beyond real estate, but many 1031 cases deal with buildings and land. We’ll only discuss 1031s in relation to real estate. WHY IS A 1031 EXCHANGE IMPORTANT? So why is a 1031 exchange important? It allows real estate investors to defer paying capital gains and potentially build wealth through real estate investing.
One of the best things about living in Portland Oregon, is the mind blowing hikes in and around the City. They range from incredibly challenging to blissfully soothing, and all hikes end with the peace of mind that only the great outdoors can offer.
While Portland’s restaurants definitely take advantage of the nearby abundance of farms, orchards, and vineyards, many farms actually host their own dinners. There are also a few secret dining experiences that also bring the farm to the table, or the table to the farm. What better way to “eat local” than sitting down, family style, to a long table laden with food grown only steps away from where you sit?
Are you a renter that has become tired of paying someone else’s mortgage and not building any equity? Or a homeowner who has a growing family and is in need of more space? Whatever the case, if you are in the market for a new home there is no time like the present. Let’s explore a few tips that will help you to prepare for the home buying experience.
The housing picture is likely to improve in 2018: Home prices are expected to climb, but not as fast More houses could be for sale toward the end of the year, giving home buyers a greater selection to choose from Homeowners will have more equity to borrow from Yet in other ways, 2018 might continue to be challenging, especially for home buyers. Mortgage rates are likely to rise, reducing affordability. Here are 10 housing and mortgage trends to expect in 2018.
Fed rate hike is expected next week and three more increases are expected in 2018: Reuters poll The U.S. Federal Reserve is almost certain to raise interest rates later this month, according to a Reuters poll of economists. A majority of economists now expect three more rate increases next year compared with two when surveyed just weeks ago. Most economists surveyed said tax cuts were not necessary and the passage of the bill means the forecast risks have shifted toward higher rates, and faster.
A home purchase brings together so many things under one roof: dreams, shelter, status, maybe a passport to better schools and neighborhoods. And one more thing: It gives you a forced savings account.
Should you invest extra cash or use it to pay off your mortgage? It’s a heated debate that rivals French press versus pour-over coffee and “Star Wars” or “Star Trek.” But while all three topics might get passionate believers on both sides all worked up, investing or paying off your mortgage is a choice with serious financial consequences. Here’s how to know which way to go.
The Clark Group LLC
Office 503-336-7317 Direct 503-810-3295
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