What To Avoid When Buying a New Home
Sunday, October 25, 2020
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Mt. Hood Has Cold Weather Coming In
Tuesday, October 20, 2020
Bidding Wars in the Mt. Hood Real Estate Market
Friday, October 16, 2020
How to Prepare for a Bidding War on Mt. Hood
![How to Prepare for a Bidding War [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2020/10/15140756/20201016-MEM-1046x2827.png)
Some Highlights
- With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers.
- From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home.
- Let’s connect today to be sure you have the guidance you need as the competition for homes heats up this season.
Updated Info on Mt. Hood Short Term Vacation Rentals
Thursday, October 15, 2020
Yesterday the Board of County Commissioners approved a schedule for public hearings and meetings on proposed code changes to allow for and regulate short-term/vacation rentals. The public will have a chance to comment either in writing or at any of the hearings, all of which will be held on Zoom.
· Public meetings on establishing a registration program and regulations in the County Code for short-term rentals:
- 10 a.m., Thursday, Nov. 5: Board of Commissioners business meeting -- first reading; public comments welcome
- 10 a.m., Thursday, Nov. 19: Board of Commissioners business meeting -- second reading; public comments welcome
· Public hearings on permitting short-term rentals in unincorporated Clackamas County by amending the county’s Zoning & Development Ordinance (ZDO)
- 6:30 p.m., Monday, Nov. 23: Planning Commission meeting and public hearing; public testimony welcome
- 9:30 a.m., Wednesday, Dec. 9: Board of Commissioners Land Use Hearing; public testimony welcome
· 10 a.m., Thursday, Dec. 17: Board scheduled to take action on the proposed ZDO amendments at its regular business meeting
People who have comments but are not able to attend a hearing are welcome to submit their comments by email or US Mail, before the hearing, to Principal Planner Martha Fritzie at [email protected] or Planning & Zoning, Development Services Building, 150 Beavercreek Road, Oregon City, OR 97045.
You can see the Oct. 13 Board policy session here and read the staff report here.
The draft regulations and details of upcoming public hearings are available at www.clackamas.us/planning/str. Information on how to connect to meetings and hearings on Zoom will be posted one week before each event.
We’ll keep you posted about any additional or changed information on this process. Thank you.
Ellen Rogalin, Community Relations Specialist
Clackamas County Public & Government Affairs
Transportation & Development | Business & Community Services
503-742-4274 | 150 Beavercreek Road, Oregon City, OR 97045
Office hours: 9 am – 6 pm, Monday-Friday
Proposed Regulations for Short Term/vacation Rentals in Unincorporated Clackamas County
Saturday, October 10, 2020
Here is the latest update on vacation rental study by Clackamas County:
Good afternoon,
After months of delay because of the COVID-19 pandemic and the wildfires, the Clackamas County Board of Commissioners has scheduled a policy session on short-term rental regulations for 3 p.m., Tuesday, Oct. 13, to review the major points of the draft regulations and set public hearings. The tentative plan is to hold public hearings and have the Board take action before the end of 2020, with any new regulations going into effect on July 1, 2021.
More details are in the staff report for the meeting. You can connect to the Zoom meeting to observe and see the staff report athttps://www.clackamas.us/meetings/bcc/presentation/2020-10-13-1.
As you may remember, the draft regulations were first created in 2019 at the request of the Board of Commissioners, in response to the increasing number of residents who use their homes for short-term or vacation rentals. The regulations include provisions for short-term rental owners to register with the county and pay a fee, and for enforcement of the regulations to be carried out by either the Sheriff’s Office or Code Enforcement, depending on the issue.
Clackamas County defines a short-term rental, or vacation rental, as a dwelling unit, or portion of a dwelling unit, that is rented to any person or entity for lodging or residential purposes, for a period of up to 30 consecutive nights.
Key components of the proposed regulations include rules regarding maximum occupancy, off-street parking, garbage pick-up, quiet hours, and fire and safety requirements. All short-term rentals would be subject to the same regulations, except that short-term rental properties inside the Portland metropolitan urban growth boundary would be required to be the owner’s primary residence or located on the same tract as the owner's primary residence. (The owner would not be required to be there when the short-term rental was occupied.) Details are available online at www.clackamas.us/planning/str.
For more information, contact Principal Planner Martha Fritzie at [email protected] or 503-742-4529.
You received this email because you have expressed an interest in regulations for short-term rentals in unincorporated Clackamas County. If you no longer wish to receive these emails, please let me know. Thank you.
Ellen Rogalin, Community Relations Specialist
Clackamas County Public & Government Affairs
Transportation & Development | Business & Community Services
503-742-4274 | 150 Beavercreek Road, Oregon City, OR 97045
Office hours: 9 am – 6 pm, Monday-Friday
Pricing Your Home
Tuesday, October 6, 2020
Why Pricing Your House Right Is Essential
In today’s real estate market, setting the right price for your house is one of the most valuable things you can do.
According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase 4.7% in 2020 and 4.1% in 2021. This means experts anticipate home values will continue climbing into next year. Today, low inventory is largely keeping prices from depreciating. Danielle Hale, Chief Economist at realtor.com, notes:
“Looking at the sheer number of buyers, low mortgage rates, and limited sellers, the strength of home prices–which are now growing at the highest pace since January 2018–makes sense.”
When it comes to pricing your home, the goal is to increase visibility and drive more buyers your way. Instead of trying to win the negotiation with one buyer, you should price your house so that demand is maximized and more buyers want to take a look.
How to Price Your Home
As a seller, you might be thinking about pricing your house on the high end while so many of today’s buyers are searching harder than ever just to find a home to purchase. You’re thinking, higher price, greater profit, right? But here’s the thing – a high price tag does not mean you’re going to cash in big on the sale. It’s actually more likely to deter buyers and have them looking at the houses your neighbors are selling instead.
Even today, when the advantage tips toward sellers because there are so few houses for sale, your house is more likely to sit on the market longer or require a price drop that can send buyers running in the other direction if it isn’t priced just right.
A Trusted Real Estate Professional Will Help
It’s important to make sure your house is priced correctly by working in partnership with a trusted real estate professional. When you price it competitively, you won’t be negotiating with one buyer over the price. Instead, you’ll have multiple buyers competing for the home, and that’s what ultimately increases the final sale price.
The key is making sure your house is priced to sell immediately. That way, it will be seen by the most buyers. More than one of them may be interested, and your house will be more likely to sell at a competitive price.
Bottom Line
If you're thinking about listing your house this fall, let’s discuss how to price it right so you can maximize your exposure and your return.
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