If you need assistance, please call 971-208-5093

The McLeod Group Network - KW Capital City Blog

Monday, February 26, 2018   /   by Amy McLeod

4328 Wheat Ave NE: Jan Ree Meadows Home with Hard To Find Open Floor Plan!

Salem Keizer OR Real Estate For Sale4328 Wheat Ave NE, Salem, OR  97305




Perfectly situated on a quiet cul-de-sac in Jan Ree Meadows sits this move in ready 4 bedroom, 2 bath home just waiting for you to arrive! This hard to find open floor plan is loaded with tasteful amenities….soaring high ceilings, easy care wood laminate and tile flooring, neutral colors, modern fixtures, recessed lighting, plus plenty of off street parking and an attached 2 car garage. Vaulted ceilings and a gas fireplace highlight the combined living and dining room where entertaining guests and family function will be a delight. Abundant cabinet and counter space, a breakfast bar, a pantry, and new stainless steel range and microwave create a kitchen any chef will appreciate! A large picture window, double closets and a private bath make this master suite a soothing oasis. High ceilings continue into the three secondary bedrooms with plush carpeting and cooling ceiling fans. The fenced backy ...

Read More


  amy mcleod, mcleod group network, salem keizer or real estate for sale, salem or home for sale, 4328 wheat ave ne, jan ree meadows

Monday, February 26, 2018   /   by Amy McLeod

Latest NAR Data Shows Now Is a Great Time to Sell!

We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house.
Let’s look at the data covered in the latest REALTORS® Confidence Index and Existing Home Sales Report.
REALTORS® CONFIDENCE INDEX
Every month, NAR surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions.” This month, the index showed (again) that homebuying demand continued to outpace the supply of homes available in January.
The map below illustrates buyer demand broken down by state (the darker your state, the stronger demand there is).


In addition to revealing high demand, the index also shows that compared to conditions in the same mo ...

Read More


  amy mcleod, mcleod group network, homeowners, home sellers, home values, selling a house, home prices

Thursday, February 22, 2018   /   by Amy McLeod

2874 Monterey Court SE: Lovingly Cared For Sunset Meadows Home!

Salem-Keizer OR Real Estate For Sale2874 Monterey Court SE, Salem, OR  97306



Lovingly cared for 4 bedroom, 2.5 bath home in desirable Sunset Meadows! This spacious flowing floor plan offers impressive formal rooms combined with comfortable everyday spaces highlighted by high ceilings, easy care wood laminate flooring, recessed lighting, modern fixtures, cooling ceiling fans, central air, plus an attached 2 car garage for all your storage needs. An atmosphere for entertaining guests awaits in the formal living and dining rooms with a toasty gas fireplace and large windows letting the natural light in. The spacious eat-in kitchen features a center island with gas cooktop, an abundance of cabinet and counter space, a pantry and breakfast nook opening to the family room. Double doors open to the main floor office or den. Upstairs you will find 4 generously sized bedrooms including the master suite with vaulted ceilings, plush carpeting, a walk-in closet, dual vanity and a tub t ...

Read More


  amy mcleod, mcleod group network, salem keizer or real estate for sale, salem or home for sale, 2874 monterey court se, sunset meadows

Thursday, February 22, 2018   /   by Amy McLeod

Mortgage Rates on FIRE! Home Prices Up in Smoke?

Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year.
What impact will rising rates have on house values?
Many quickly jump to the conclusion that an increase in mortgage rates will have a detrimental impact on real estate prices as fewer buyers will be able to qualify for a loan. This seems logical; if there is less demand for housing then prices will drop.
However, in a good economy, rising mortgage rates increase demand as many prospective purchasers immediately jump off the fence to guarantee they get the lower rate.
Let’s look at home prices the last four times mortgage rates increased dramatically.


In each case, home prices APPRECIATED and did not depreciate. No one is projecting as dramatic an increase in rates as the examples above. Most are projecting an increase of approximately 1% by the end of the year.
The last time mortgage rates in ...

Read More


  amy mcleod, mcleod group network, homebuyers, homeowners, home sellers, home values, housing market updates, mortgage interest rates, home prices

Monday, February 19, 2018   /   by Amy McLeod

Escalation Clauses: A Little-Known Bidding-War Strategy for Salem, OR

For home buyers locked in a heated bidding war, there is one weapon that may help ensure victory: an escalation clause.
It’s an addendum to a real-estate contract, typically when the offer is made, in which a prospective buyer says, “I will pay X dollars for this house, but if another buyer submits a verifiable bid that’s higher, I will raise my offer in increments of Y dollars to a maximum price of Z.”
These clauses are particularly useful in a competitive real-estate market where homes typically get multiple bids. If a bidding war erupts on a home, the escalation clause will automatically raise the buyer’s offer on the house by the predetermined increment, up to the maximum amount the buyer authorizes. It eliminates the back and forth of offer and counteroffer and helps the buyer avoid paying too much for a house by getting caught up in the frenzy of a bidding war. But they can be risky for buyers who use them.
“A buye ...

Read More


  amy mcleod, mcleod group network, homebuyers, first time home buyers, buying a house, down payment, mortgages, escalation clauses

The McLeod Group Network - KW Capital City
Amy McLeod
1900 Hines St SE, Suite 220
Salem, OR 97302
971-208-5093
Lighthouse Home Loans.png

Lighthouse Mortgage
Phil Gerstner
110 Wallace Rd. NW
Salem, OR 97304
503-871-4968
NMLS# 291931

Homeside Logo.jpg

Traci Benjamin
Homeside Mortgage
Sales Manager, AVP
tbenjamin@gohomeside.com
NMLS 11736
Direct: 503-843-8072
Cell: 503-932-5511

image001 (2).png

Aaron Memmott
Finance of America
Mortgage Advisor
amemmott@financeofamerica.com
NMLS# 1048117
Direct: (503) 718-9876
Cell: (503) 551-1115
Fax: (855) 639-2956

Caliber Home Loans logo.jpg

Elizabeth Smith
Caliber Home Loans
elizabeth.smith@caliberhomeloans.com
NMLS# 228191
Cell: 503-910-0415
eFAX: 844-538-4687

© 2019 Willamette Valley Multiple Listing Service. All rights reserved. The data relating to real estate for sale comes in part from the Willamette Valley Multiple Listing Service. Information contained on this site is deemed reliable but not guaranteed.