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The McLeod Group Network - KW Capital City Blog

Friday, December 14, 2018   /   by Amy McLeod

Exploring Salem Oregon: Theatre 33: A Christmas Carol - a 1940’s Radio Show

Four actors bring dozens of Dicken’s characters to life in this fun adaptation of A Christmas Carol. Witness a 1940’s radio show with live Foley sound effects where the performers find hope and redemption throughout the play.
Adults - $17
Children - $12
M. Lee Pelton Playhouse at Willamette University
900 State St.
Salem, OR 97302
971-599-1029
Event Website
Courtesy of Amy McLeod, The McLeod Group Network
Photo Credit: travelsalem.com

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Monday, December 10, 2018   /   by Amy McLeod

Here’s What Mortgage ‘Rate Lock’ Looks Like, in One Chart

In 2017, MarketWatch documented many of the reasons there aren’t enough homes to buy. One of the most striking forces in the housing market right now is “rate lock,” the idea that homeowners with ultra-low mortgage rates can’t bear to give up those loans and, in buying a new home, get stuck with a mortgage with a much higher rate.
Real estate data provider Black Knight shared data that illustrated the phenomenon. Among all homes listed for sale at that time, those with a mortgage that had a “5-handle,” a rate between 5.00 and 5.99%, were far more likely to be listed for sale than those with a 3-handle.

?MarketWatch recently asked Black Knight for an update. The chart above shows the picture a year and a half later.
In its October Mortgage Monitor, Black Knight notes that homes purchased with the lowest interest rates in history, are also likely to have been bargains, since that was a particularly iffy moment just after the ...

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Friday, December 07, 2018   /   by Amy McLeod

Exploring Salem Oregon: Breakfast with Santa at the Carousel

Saturday, December 8, 2018 - 8:00 AM to 9:30 AM
Come and visit Santa at Salem’s Riverfront Carousel!  Enjoy a catered breakfast, receive a special gift, ride the carousel, and take photos!  Reservations are required. $20 per person.
Salem’s Riverfront Carousel
101 Front St. NE
Salem, OR 97301
Call 503-540-0374 for reservations.
Event Website
Courtesy of Amy McLeod, The McLeod Group Network

Photo Credit: travelsalem.com

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Monday, December 03, 2018   /   by Amy McLeod

4 Reasons to Buy A Home This Winter!

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 Insight report revealed that home prices have appreciated by 5.6% 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 4.8%. 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 in 2019.
An increase in rates will impact YOUR monthly mortgage payment. A yea ...

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  amy mcleod, mcleod group network, homebuyers, buying a house, first time home buyers, move up buyers, buying your dream home

Friday, November 30, 2018   /   by Amy McLeod

Exploring Salem Oregon: Christmas in the Garden

November 23, 2018 - December 31, 2018 (closed 12/24 & 12/25)
Twinkling lights, artisan vendors, ice skating, photos with Santa, traditional German food, carolers, and more!  Pricing and activities vary by night.
Oregon Garden Resort
895 W Main St.
Silverton, OR 97381
For more information call: 503-874-2539
Event Website
Courtesy of Amy McLeod, The McLeod Group Network
Photo Credit: oregongarden.org

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