New Homes in West Linn For Sale

The Craig Reger Group is selling beautiful new homes in a new neighborhood in West Linn, Oregon, Rosemont Crossings. Construction is well underway so now is the time to check out this subdivision! We always encourage Buyers looking for new construction who are hoping to personalize finishes to try to find properties at this early stage of the building process. Buyers can come check out a completed home now at 1924 Furlong Drive.

Here is just some of what these homes will boast:

Gourmet kitchens with custom cabinetry, stainless steel appliances and Chroma Quartz slab countertops

Master Suites with oversized baths and walk-in closets

Extensive custom cabinetry, tile work and hardwood floors

Many different floorplans and options to choose from

Prices begin in the low $400s

For more information and photos, text CRG to 59559 or call Andy Green today at 503-336.6093

Craig Reger Group Named Top Real Estate Team!

CRG REMAINS ON TOP

We are proud to announce that the Craig Reger Group remains the #1 Real Estate Team at Keller Williams Realty Professionals, which is now the highest producing real estate office in Portland-Metro! Thank you to everyone who contributed to our success this past year.

Also, our very own Megan Buller, was recognized as the #1 Buyer’s Agent at Keller Williams Realty Professionals. Megan works so hard for every client – last year she saved our Buyers more than $1 million! This is a well-deserved honor.

THANK YOU!

Did you know that more than 80% of our business is from referrals and repeat clients? We take much pride in this fact, so our goal is to always earn your referral! Who do you know that may need to buy, sell or invest in real estate? Call us at 503.893.2022 or email craig@craigreger.com.

Be sure to “like” us on Facebook to receive regular updates about real estate in the Portland area. www.facebook.com/CraigRegerGroup

“If we all did the things we are really capable of doing, we could literally astound ourselves.”

-Thomas Edison

Home Inspections > Careful Inspections


Many home buyers today are investing in a professional structural inspection before they finalize their purchase of a home. You should choose an inspector carefully and be prepared to learn important facts about your new home that could save you money.

When you have a ratified sales agreement, the real estate agent will set up an appointment for you to see the home with the inspector. Bring a notebook, even though you will get a written report of the inspection. Write down any questions or concerns that may occur to you as you tour the house, such as cracks in the walls, spots on the ceiling, or noises in the air conditioning system. And remember that no house is perfect. You should come away from the inspection with a fundamental understanding of what you are buying and how much the maintenance will cost.

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Year-To-Date Area Reports

Area reports.

Avg Sale Price Total Market Time
North Portland $247,300 98 days
NE Portland $267,700 109 days
SE Portland $220,600 102 days
Gresham/Troutdale $200,700 170 days
Milwaukie/Clackamas $234,900 97 days
Oregon City/Canby $250,200 147 days
Lake Oswego/West Linn $494,000 149 days
West Portland $388,500 161 days
NW Washington Co. $440,500 112 days
Beaverton/Aloha $219,800 135 days
Tigard/Wilsonville $274,700 146 days
Hillsboro/Forest Grove $208,700 136 days

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Year-to-Date

Comparing January-July 2010 with the same period in 2011, sales activity was down. Closed sales decreased by 4.3% (11,717 v. 11,209). Pending sales went down by 1.4% (12,733 v. 12,550), and new listings fell 26% (30,051 v. 22,245).

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Sale Prices

Average sale price for July 2011 declined 7.4% compared to July 2010. Median sale price also fell 7.6%. See residential highlights table below.

Month to month, comparing June 2011 to July 2011, sale price activity rose slightly. Average sale price went up from $267,100 to $275,100 (3%) while median sale price increased from $222,900 to $227,200 (1.9%).

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July Residential Highlights

Closed and pending sales were both up in July 2011 compared with July 2010. Additionally, the inventory level in July 2011 was down 3.8 months compared with the same month a year ago.

Closed sales grew 21% in July 2011 compared to July 2010. Pending sales were up 18.4%, and new listings dropped 27%.

Comparing June 2011 with July 2011, closed sales decreased from 1,958 to 1,709 (-12.7%). Pending sales decreased from 2,001 to 1,928 (-3.7%). New listings went down from 3,143 to 2,942 (-6.4%).

At the month’s rate of sales, the 11,970 active residential listings would last about 7 months.

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