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The Benefits of City Life

by Rob Levy

The U.S. Census Bureau estimates that the population of Portland and its surrounding metro area suburbs in July 2012 was 2,289,800, a 1.3 percent increase from 2011 and nearly a 3 percent rise from the census in 2010.

This upwardly mobile trend found its way into several larger Oregon counties, with Clackamas, Deschutes, Multnomah, Wasco and Washington counties all recording a population jump of 1 percent or more over the past year. With the lone exception of Deschutes County, all of these counties are in or very near the Portland metro area.

These are particularly telling statistics in and of themselves; however, they take on even more significance when we leave the bright lights and varied amenities of the big city and venture out to the hinterlands to the eastern and southern areas of Oregon.

Curry, Lake, Grant, Wallowa and Harney counties all posted a population decrease of more than 1 percent over the past year - the state's largest population losers, so to speak. More people left those counties - either by passing away or moving away - than those born or moving into the counties.

Curry County is located in the extreme southwestern corner of the state, with its southern border separating Oregon from California. Wallowa County sits exactly opposite of Curry County - in the extreme northeastern corner of the state, with its eastern border separating Oregon from Idaho, and sharing its northern border with southern Washington.

When we broaden our horizons to include the entire state of Oregon as a whole, we are informed by the census bureau that as of July 1, 2012, there were 3,899,353 permanent residents (officially) of the entire state.

Risa Proehl, a research associate at the Population Research Center at Portland State University, told the Oregonian in March that the drop in population in the state's outlying counties was due primarily to young adults vacating these rural areas where job opportunities are relatively scarce.

So, taking all of its counties and the Portland metro area into consideration, Oregon has enjoyed a population increase each year since 2010. There was a 0.8 percent rise last year, which was a 1.8 percent leap from 2010.

Home Selling Preparation Tips

by Rob Levy

There are three main areas where you should focus the majority of your time and energy when preparing your home for sale: its interior, its exterior and your budget - the amount of money you should spend, based on your anticipated selling price.

Inside the Interior

Perception is reality. This old axiom is especially true in the realm of buying and selling real estate. People who come to check out your home and consider making it their own will base much of their decision on how the home looks to the naked eye. Potential buyers are more at ease when purchasing a home that appears well-maintained, because if these areas are well-cared for, it stands to reason that the areas they are unable to see are in the same or better condition.

Here are some simple tips to make your home as aesthetically pleasing as possible:

  • Clean each and every room from floor to ceiling, clearing away all clutter.
  • Remove as many items as possible from countertops, closets and the attic.
  • Check the basement and attic for leaks, dampness and cracks, repairing as necessary.
  • Check for damage to windowpanes, walls, wallpaper, plaster, paint moldings, tiles and woodwork, and repair where needed.
  • Inspect plumbing, heating and cooling systems, repairing dripping faucets and showerheads along the way.

Exterior

The positive or negative perception people have of your home's exterior, which generally includes things like landscaping, patios and gardens, along with the actual exterior "skin" of the house, is often referred to as its ‘curb appeal’. It's what makes the all-important first impression on potential buyers, so follow these helpful hints to exterior excellence:

  • Mow, water and edge your yard on a regular basis.
  • The same thing goes for your hedges, flowerbeds and trees.
  • Inspect your home's exterior for obvious flaws in the paint, siding, foundation, doors and windows.
  • Align and clear gutters.
  • Repair and replace loose or damaged roof shingles, siding and caulking.
  • Store RVs or old vehicles somewhere out of your home's ‘curb appeal’ zone.

Budget

Last, but certainly not least, is deciding how much to spend on polishing up your home for its time in the spotlight. It's an unfortunate that it's nearly impossible to predict whether the money spent will increase the value and subsequent selling price of your home, or decrease your profit margin at closing time because you didn't get the value you expected out of the expenditure.

The prudent thing to do here is talk to your real estate agent. They can help you determine how to make your home as irresistible as possible for as little out-of-pocket costs as possible. Market conditions are currently changing monthly, and they will know just how to get the biggest ‘bang for your buck’.

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