NAR midyear forecast: Despite inventory, home sales expected to rise in 2018

NAR midyear forecast: Despite inventory, home sales expected to rise in 2018: Several speakers at the 2018 Realtors Legislative Meetings and Trade Expo stated that they are forecasting a slight increase in home sales for 2018, but that growth won't come without some obstacles. Despite a strengthening economy, wage growth and improving job market, issues like low supply and affordability may threaten the rate of increase for home sales in 2018, according to the speakers.

Fair Housing Act hits 50: Is housing segregation a thing of the past?

Fair Housing Act hits 50: Is housing segregation a thing of the past?: A recent study suggest that there are significant patterns of residential segregation in all of the nation’s large metropolitan areas, but the black population is the most highly segregated group, according to Apartment List.

How to Choose and Plant a Tree

Being a homeowner means more than just cleaning, decorating and maintaining your house. It’s also your responsibility to take care of whatever land is yours. For a lot of people, this means putting their own mark with landscaping like perennials, shrubs and trees. Unfortunately for those trees, many are planted in the wrong place and end up being cut down in their prime. It’s a great loss to the neighborhood and to your yard. Next time you plant a tree, you’ll need to be more careful about where you put it.

Tree Things to Know About Trees (Get It?)

Planting a tree is a commitment, don’t ever think otherwise. You’re placing a sapling that has the potential to spread to enormous heights, overshadowing your house, your neighbor’s cars, and maybe even getting tangled in power lines or uprooting sidewalks. This is why it’s vital that you choose the right tree and put it in the right place the first time. So let’s talk about trees!

If you choose a tree from a nursery or home improvement center, it’s a good bet that the tree will succeed in your climate. After all, they’re not going to stock trees that will die over the summer or winter (though certainly ask if you’re not entirely confident). There are other things to pay extremely close attention to, though, like:

Size. Trees get big, even the little ones. You can expect even the smallest ornamentals, known as understory trees, to grow to be 15 to 25 feet high when they’re fully mature. In the forest, these trees are found growing on the edge of groupings of taller trees. Those bigger trees can grow to be 80 to 100 feet tall and just as wide, depending on the tree’s natural shape. Ultimately, there’s a lot of difference between the space required for a dogwood than a white oak.

Water needs. Just because a tree can theoretically survive in your area doesn’t mean that it can do it alone. During establishment (the baby years), that tree will need a lot of regular waterings to keep it going, no matter the species. Obviously, you won’t need to water on days that it’s raining, but as it starts to warm up and during the heat of the summer definitely plan to be on watering duty. Keep the tag around because you’ll need to know how to care for the tree as it ages. If it needs more water than naturally occurs, you’ll want to set up a sprinkler, drip irrigation system or get fancy and redirect gray water to it to keep it alive.

Spacing. This is where the rubber meets the road. Or rather, where the tree roots get under the sidewalk and your foundation and start breaking stuff. It says right on the tag how far to place your tree from anything else. When there’s a range, like 10 to 15 feet, go as far away as you can. This is the hardest part of tree planting, honestly, because other elements in the yard have to be considered. It’s 10 feet from the house, but only seven from the mailbox and not quite 11 from the sidewalk (weird yard, I know). Best to choose your tree, then check spacing requirements and stand out in your yard with a tape measure to ensure that tree will work where you want to put it. It’ll look a little sparse the first year or two, but you’ll be glad you took the time when it’s bigger.

Tree Roots and You

Some of the most serious issues a house or cement pad can experience are caused by tree roots. Big, glorious trees are amazing to have in your yard, they provide shade and protection for wildlife, but it comes at a cost. This is why spacing matters.

Many trees will put out roots that are as far across as their canopies. A tree with a 25 foot wide canopy has the potential to send roots out 12 ½ feet from the trunk. A tree with a 60 foot canopy is often surrounded by a 30 foot root zone.

Besides considering the above ground elements, you need to know where your gas, water and sewer lines run. Deep rooted trees can get into sewer lines, causing the line to fail or wrap around utility lines, slowly shifting them out of place. But deep roots aren’t the only issue, shallow rooted trees create a nightmare when you’re mowing, since you have to somehow deal with them as you go along. Landscaping is a good option here, but also keep in mind that a good stiff breeze may cause that shallow rooted tree to uproot.

Choosing trees is tricky, but that’s why you ask a lot of questions before you leave with your new baby. The very best trees for your home are trees that are native to the area (so they can handle the climate without extra care), grow relatively quickly to let you can start reaping the benefits of a nice tree in your yard sooner and fit in the space properly, keeping all those roots away from anything they can break.

Planting Your Tree the Easy Way

If you’re not sure that you’re ready to do all the legwork it takes to pick a tree, you could call a professional landscaper or arborist for their opinion and services. They will be able to tell you exactly where your tree should go and even plant it for you. It just happens that there are a few of these knowledgeable people in the HomeKeepr community, waiting for you to connect with them!

Portland economist: Wage growth up, but housing costs too

Portland economist: Wage growth up, but housing costs too: 'We're entering a period of slow job growth and slower population growth,' Director Tom Potiowski told KOIN 6 News.

Top Tools for Homeowners

Buying a house is a little like taking up a new hobby. There are lots of things you don’t know yet that you’ll learn as you go along, you’re also gonna need some specialized equipment to get very far. Whether you hope to become a top level home remodeler or simply want to put some new slats on your privacy fence, it takes the right tools to do the job.

The Right Tool for the Job

First, it’s important to note that you need the tool you need on any given job. Trying to improvise can result in connections that don’t connect quite fully, excessive and unnecessary damage to your home or damage to fasteners that will make them hard to back out later. Always use the right tool. If you don’t know which tool is the right tool, ask someone at the hardware or home improvement store — they’re usually pretty friendly and ready to help.

Without further ado, here are our picks for the top tools all homeowners need:

7. Stud finder. When you need to hang something heavy, you really should hang it on a stud. Although people with really good hearing can use the tap test on sheetrock, it’s always better to be certain that you’re hitting a stud, rather than tapping and hoping.

6. Hammers. Yes, it’s a broad category, but you really need one of each of these:

* 10 oz. hammer. This tiny hammer, otherwise known as the “tack hammer” is handy beyond imagination. Not only is it great for projects that require finesse (you can’t take a big whack at anything with this baby hammer), it’s also dainty enough to use to pull delicate trim work or tiles off the wall.
* Rubber mallet. It gets the award for best rubbery-headed hammer for its ability to pound things without leaving a dent. If you decide to put down certain kinds of laminate floors, for example, this guy is a must-have.
* Standard claw hammer. Everybody needs a standard hammer. They’re general purpose tools that can put nails in and take nails out. Claw hammers also double as pry bars in a lot of situations.

5. Pliers. Another combo group. It wouldn’t be fair to break the family up, after all. Plus, these pliers all do different jobs. Check them out:

* Locking pliers. These adjustable pliers also have a clamping feature, making them a multi-purpose wonder. You can clamp, you can hold, you can adjust! If you buy only one pair of pliers, choose a mid-sized pair of locking pliers. They’ll do everything regular pliers can do, plus some things groove joint pliers can.
* Groove joint pliers. This iconic plumbing tool is good for other stuff, too. The grooves allow you to expand the plier opening across a wider range of sizes than your locking pliers, but you have to hold them closed yourself. They are incredibly handy at 3 am when the plumbing’s sprung a leak.
* Needle nose pliers. In a totally different class, needle nose pliers are helpful when you’re trying to wire anything or fish out tiny things when you drop them in weird spaces. Primarily, though, wiring things in your home. Always turn the power off before wiring anything, even a new smart thermostat.

4. Utility knife. If you don’t have one of these, it’s high time you got one. Or six. Skip the disposables and go for the heavy metal options, you will not regret it. A good utility knife is perfect for cutting through boxes, carpet and vinyl flooring.

3. Level. Everybody’s seen those pictures on your wall, but they’re afraid to say anything about how badly leveled they are. Is it because you didn’t own a level when you hung them? The level on your phone is all fine and good for an estimate, but things like cases change how well they can work. An old fashioned level will never steer you wrong. Ideally, you’ll want a set, including one that’s about six inches long, another that’s two foot long and a third that’s four feet long if you intend to do any construction work in your home.

2. Tape measure. Look, I know you know exactly how long your shoe is and that you never vary in your strides, but for the sake of appearances, pick up a good tape measure. The wider models with 25 feet of tape are really flexible choices. Guess what? You can also use a tape to level if you didn’t pick up a level. Just choose either the ceiling or floor to level with, then measure from either point to the place where your shelf or picture is going to go. Make a mark, then go to the other side and repeat, making sure your tape isn’t slacking. Set as many points as you need between the two ends, being sure to mark at the same height each time.

1. Screwdrivers. You’re not going to get very far in your homeownership without interacting with a screw. That’s why you need screwdrivers. But instead of keeping track of a pile of screwdrivers, choose a really good model with magnetic bits. The longer the bit shaft, the better for the really tough jobs. You can also get kits that contain sockets, as well as hex and torx bits. This will be your favorite screwdriver — and your only screwdriver. Ratcheting screwdrivers can be more trouble than they’re worth, but well-made models do significantly cut down on wrist strain.

If you have a little extra cash rattling around, you should seriously consider a battery powered tool set that contains, at minimum, a drill and small circular saw. These two tools can get almost any job done, though you may have to buy different bits or blades. Eighteen volt models are much better at being tools than the lower voltage units, many are designed for professional work, they’re that tough.

No Interest in a Tool Shopping Spree?

If you’re really not the handy type or simply want to live a much simpler existence, forget the tool buying mania and instead connect to the home pro in the HomeKeepr community that can help you best. They’re already recommended by your Realtor, saving you the worry that your leaky faucet might just get a bit leakier.

Single Women Outbuy Men in Homeownership

DAILY REAL ESTATE NEWS | FRIDAY, MAY 11, 2018

Single women are purchasing homes and condos at more than double the rate of single males. The trend is expected to keep growing, too.

Last year, single women comprised 18 percent of all home purchases, while single men accounted for 7 percent, according to the National Association of REALTORS®. Single women are the second largest segment of home purchasers, behind married couples. Single women purchasers include never-married individuals, widows, and divorcees.  

Homebuilders are taking notice and are increasingly designing homes and subdivisions to appeal to women’s preferences. For example, in a development in North Carolina with McKee Homes, up to 50 percent of the homes purchased are by single women in their 30s, 40s, or older.

Read more: 6 Must-Haves for Women in Home Shopping

Single women tend to view homeownership more as an investment, Jessica Lautz, NAR’s director of demographic and behavioral insights, told The Washington Post. Single women tend to pay more on their home purchase than single men—$185,000 compared to $175,000. 

Rising rents may be the motivator that’s pushing more single women to homeownership. Twenty-three percent of single women cited rising rents as a “trigger” motivator behind their home purchase, according to a survey conducted by the Builders Digital Experience, a research and publishing firm. That is a greater percentage than the 16 percent average of all recent buyers surveyed. 

Source: “Single Women Account for More Real Estate Purchases Than Single Men,” The Washington Post (May 9, 2018)

What It’s Like to be Evicted

What It’s Like to be Evicted

Cannon Beach adopts new flood maps

Cannon Beach adopts new flood maps: CANNON BEACH — The City Council voted unanimously Tuesday to adopt new flood plain maps in Cannon Beach provided by the Federal Emergency Management Agency. The new hazard maps have been long-awaited by many downtown business owners. The maps are used by insurers to price flood insurance and

What It’s Like to be Evicted

What It’s Like to be Evicted