Author Archives: Alisia Leyva

Community Spotlight – Lakeview

Known as the “Tallest Town in Oregon” because of its elevation, Lakeview sits along the Goose Lake Valley at the foot of the Warner Mountains. Lakeview is also referred to as Oregon’s Outback – making it the perfect spot to explore Oregon’s high desert.

From farmers markets, to scenic points and landmarks in the Fremont-Winema National Forest or the Oregon Outback Scenic Byway, or camping by Goose Lake, you’re bound to find the small-town charm and its adventures along the outskirts.

A 16-minute drive from the Warner Canyon Ski Area, you’ll find our AmeriTitle Lakeview office! Our Lakeview team is eager and ready to help you close on your real estate transactions.

The Lakeview branch cares about the local community and volunteers their time to help make it a richer place. They often help with the Lake County Round Up, a rodeo that has taken place in the town since 1920!

When the Lakeview office thinks about their community, they think of the reward they have with helping their customers achieve a huge milestone with becoming a homeowner. Escrow Manager, Kristen Wells, explains, “What we love most about our job is that we are part of a memory of people buying their first home or their first business. We love that we get to be an important part of that.”

Our Lakeview branch is proud to serve the title and escrow needs of Lake County. If you’re planning to buy or sell property in Lakeview, please ask your real estate professional to close with AmeriTitle. Give a shout out on Lakeview’s Facebook Branch Page!

AmeriTitle Lakeview
405 N 1st St, 97630
541.947.3019
lakeview@amerititle.com

Businesses on the Hunt for Warehouse Space

Covid has changed a variety of ways on how we live our lives – and shopping is one of them. Real estate is seeing businesses trying to search for bigger commercial spaces to house the products they need for growing e-commerce demands at record pace.

JLL, a commercial real estate services firm, released a new report showcasing big businesses – Walmart, Target, Big Lots, TJX, and Costco – aggressively competing for more warehouse space. The main reason? Amazon has been locking down and buying up warehouses across the country; other businesses are trying to catch up.

What does this surge in commercial spaces mean for prices? According to CBRE data, commercial spaces surged nearly 10% in the first five months of 2021 compared to the year prior.

A great example of warehouse prices spiking is in the town of Columbus, Ohio. Columbus is predicted to jump 61% in 2021 compared to 2020 – because nearly half of the nation’s population is within a one-day drive.

Craig Meyer, President of JLL Industrial for the Americas, explains, “We’ve been on a long-term journey of shifting consumer behavior from buying in stores online. That’s the existential driver for demand in the U.S.”

Real estate experts are turning their eyes to the commerce industry – and we’ll have to wait and see how 2021 shapes up.

Stop by AmeriTitle’s Blog for more real estate news.

Corporate Step Challenge

AmeriTitle participates in a company-wide step challenge to get us all up and moving – and this year’s challenge has started!

2021’s theme this year is Steppin’ for the Gold, which is in support of the Summer Olympics held in Tokyo. Click here to read up on this year’s Summer Olympics!

The purpose of the program is to encourage employees to adopt healthy activities and incorporate these activities into their daily lives. The program also encourages teamwork, camaraderie, a sense of community, and celebration of teams and individual goals.

The program consists of two separate competitions – Branch/Operation and Individual. The dates of the 2021 challenge is from July 1st through August 31st. Each participant will need a step-counting device or app – for example, a Fitbit, smartphone, smartwatch, step counter, etc.

There will be 1st and 2nd place branch winners. The 1st place branch winner gets bragging rights and will receive the Annual Step Challenge Traveling Trophy to display proudly. The plaque will be engraved with the winning branch, program year, and average steps that gave them their win. The 2nd place branch winner will also have bragging rights and will receive the Annual Step Challenge Traveling Plaque to display proudly.

The winning teams (1st and 2nd place) will also have a meaningful celebration provided by their local management team.

The Individual competition of the Annual Steps Program Challenge will have three activity levels an employee may participate in:
New category levels in 2021 –
Category 1: 20,000 steps/day
Category 2: 10,000 steps/day
Category 3: 5,000 steps/day

Individual competitors have the chance of winning the pool money that was required to pay as a fee to enter!

Let’s give a round of applause for all of those who are participating! We encourage a healthy lifestyle for our employees – and of course, a little fun and lighthearted competition!

Energy Saving & Home Value Soaring

If you’ve always been on the fence about “going green” for your home – the statistics prove it: the upgrade is worth it in the long run.

According to Porch.com, homes with solar panels list 56% above the average home price. Just how much more, you ask? Well, solar paneled homes cost an average of $680,000 – about 48% more than the average home in the area.

Obviously, the states that are better friends with the sun turn a higher profit than those who don’t. The study found that the top 25 cities with the priciest homes with solar are in California.

Homebuyers are searching for homes that are environmentally friendly, while also helping them save on energy bills in the long-run. And if it boosts your home value, why not?

Looking for more real estate news, stop by AmeriTitle’s Blog.

Real Estate & the Price Wave

If you’re shopping in the real estate market right now, then you understand the extreme prices the nation is currently seeing.

The Federal Housing Finance Agency (FHFA)’s recent study found that housing prices across the country rose 16% from April 2020 to April 2021.

Their study – purchase data from Fannie Mae and Freddie Mac – shows pretty big percentage jumps across the states.

  • Mountain division – Colorado, New Mexico, Idaho, Wyoming, Utah, Nevada, Arizona, Wyoming = rose 21% year over year.
  • Pacific division – Washington, Oregon, and California = rose 18% year over year.
  • East Coast division – Maine, Vermont, New Hampshire, Massachusetts = rose 18% year over year.

Dr. Lynn Fisher, FHFA’s Deputy Director of the division of research and statistics, explains, “This unprecedented price growth persists due to strong demand, bolstered by still-low mortgage rates, and too few homes for sale.”

With mortgages rates rising a little above 3% for the first time since April last week, market experts are keeping tabs on what’s to come.

For more real estate news, stop by AmeriTitle’s Blog!