Michael Galvin Jr.
REAL Broker
FEATURED LISTINGS
- 1/44 44
3 Beds 2.1 Baths 2,019 SqFt$575,000Open 11/16 11AM-1PM - 1/43 43
4 Beds 3 Baths 2,803 SqFt$775,000Open Sat 10AM-12PM - 1/42 42
4 Beds 2.1 Baths 2,551 SqFt$749,900Open Sat 11AM-1PM - 3D
3 Beds 2 Baths 2,532 SqFt$599,000Open Sat 12PM-2PM - 1/48 48
4 Beds 2.1 Baths 2,805 SqFt$825,000Open Sat 12PM-2PM - 3D
5 Beds 3.1 Baths 2,850 SqFt$859,950Open Fri 12PM-5PM
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RECENTLY SOLD
- 1/30 30
6,568 SqFt$777,000 2.9%
$799,900
- 1/27 27
3 Beds 2 Baths 1,173 SqFt$307,000 2.7%
$299,000
826 SW Cherry ST #PAR2, Willamina, OR 97396
Listed by Bella Casa Real Estate Group
Manufactured Home
- 1/48 48
3 Beds 2 Baths 1,728 SqFt$559,000 0.2%
$559,900
Michael Galvin Jr. is a seasoned Broker with REAL Broker LLC and was a dedicated firefighter with an impressive 29-year career! Hailing from the beautiful Oregon City area, he proudly identifies as a "True" Oregonian. Alongside his professional achievements, Michael cherishes his role as a loving husband and father to his amazing wife and daughter.
Michael's journey in the real estate industry commenced at a young age of 18 when he made his first home purchase. This marked the beginning of his venture into property investment and construction, as he founded his own construction company and acquired rental properties. Over the course of 30 years, Michael has been actively involved in buying, selling, and managing a diverse portfolio of rental, vacation, and investment properties. He has demonstrated expertise in complete home restorations, as well as the construction and sale of new homes.
Leveraging his unique blend of professional and personal experiences, Michael brings a progressive and fresh perspective to his clients' real estate needs. With a solid background in customer service cultivated through his firefighting career, he deeply understands the significance of providing exceptional care to his clients. Michael is always readily available to address any real estate inquiries and assist with all aspects of his clients' real estate endeavors.
Thinking of buying a new home?
Thinking of Buying a New Home? Buying a new home is a significant decision that requires careful planning and preparation. Whether you are a first-time buyer or an experienced homeowner, it is always important to approach the process with the right knowledge and guidance. In this blog post, we will discuss the essential steps you need to take to prepare yourself for purchasing a new home and explain why getting pre-approved for a mortgage is crucial. Before you start browsing listings and attending open houses, it is crucial to understand your financial situation and establish a budget. Begin by calculating your income, analyzing your monthly expenses, and determining how much you can comfortably allocate towards mortgage payments. It is important to consider not only your current financial situation but also any potential changes in the future, such as career advancements or family planning. Once you have a clear understanding of your budget, the next step is to investigate your credit score. Your credit score plays a significant role in determining the interest rate and loan options available to you. Request a copy of your credit report from major credit bureaus to review your credit history. If you identify any errors, take the necessary steps to correct them promptly. Paying off outstanding debts and maintaining a good credit score will increase your chances of getting approved for a mortgage loan. With your finances in order, it is time to seek pre-approval for a mortgage. Many homebuyers underestimate the importance of this step, but it can save you time, money, and stress in the long run. Getting pre-approved involves contacting a mortgage lender, providing documentation of your income, assets, and debts, and completing an application process. The lender will evaluate your financial information and determine the maximum amount they are willing to lend you. By obtaining pre-approval, you receive a clear understanding of your budget and can confidently search for homes within your price range. So why is getting pre-approved so important? First, it demonstrates to sellers that you are a serious buyer and have the financial means to make the purchase. In a competitive real estate market, this can give you an edge over other potential buyers. Additionally, pre-approval allows you to act quickly when you find the right home, as you already have the necessary financing in place. This can be crucial when dealing with properties that receive multiple offers. Furthermore, pre-approval provides an opportunity to identify any potential issues that may affect your mortgage eligibility. If the lender identifies any concerns during the pre-approval process, you can work on resolving them before you find your dream home. This could involve paying off outstanding debts, improving your credit score, or addressing any inconsistencies in your financial documentation. In summary, preparing to buy a new home involves several important steps. By understanding your financial situation, establishing a budget, and obtaining pre-approval for a mortgage, you can streamline the homebuying process and increase your chances of finding the perfect property. Remember to consult with a trusted real estate professional who can guide you through the process and help you make informed decisions. Happy house hunting!
Portland metro area Real Estate trends
The housing market in the Portland metro area of Oregon has been experiencing some interesting trends lately. From rising prices to increased demand, it's a dynamic market that both buyers and sellers should keep an eye on. In terms of prices, the Portland real estate market has been steadily climbing over the past few years. According to recent data, the median home price in the area is now hovering around $450,000. This represents a significant increase from just a few years ago when the median price was closer to $350,000. This upward trend can be attributed to several factors, including a growing population and limited housing supply. Another trend to note is the overall market activity. Despite the ongoing pandemic, the Portland metro area real estate market remains robust. Buyers are showing a strong interest in purchasing homes, leading to a surge in demand. This, coupled with low inventory levels, has created a competitive market where multiple offers and bidding wars are becoming more common. It's important for buyers to be prepared and have financing in place to be competitive in this fast-paced market. Real estate news in the Portland metro area has also been dominated by discussions of housing affordability. As home prices continue to rise, the issue of affordability becomes a growing concern for many residents. The lack of affordable housing options has prompted city officials to explore potential solutions, such as increasing the availability of subsidized housing and implementing rent control measures. Furthermore, the demand for homes in suburban areas surrounding Portland has been surging. With more people working remotely and looking for larger living spaces, neighborhoods outside the city limits have become increasingly popular. This trend is not only driving up prices in these suburban areas but also leading to increased development and new construction projects. Overall, the real estate market in the Portland metro area of Oregon is experiencing significant growth and activity. Rising home prices, increased demand, and housing affordability concerns are shaping the current landscape. Whether you are buying or selling, it's crucial to stay informed about these trends to make informed decisions in this competitive market.
Why empty nesters are not selling.
As the real estate market continues to thrive, one group of homeowners seems to be staying put: empty nesters. These individuals, who have seen their children grow up and leave the family home, are opting to stay in their current properties rather than downsizing. In this blog, we will explore the reasons why empty nesters are not selling their homes and discuss the various factors that contribute to their decision.One of the primary reasons empty nesters are reluctant to downsize is the emotional attachment they have to their family home. It is the place where they raised their children, created countless memories, and built a lifetime of experiences. The thought of leaving this cherished space can be daunting for many empty nesters, as it signifies the end of an era and a significant change in their lives.Another crucial factor that prevents empty nesters from selling is the financial aspect. While downsizing may seem like a logical step to reduce expenses and free up additional funds, it is not always financially feasible. The current real estate market is experiencing high demand, driving up prices and making it challenging for empty nesters to find affordable options in suitable locations. Additionally, the costs associated with selling, such as commissions, moving expenses, and potential renovations in a new property, can further deter empty nesters from taking the plunge.Moreover, empty nesters face the dilemma of where to move next. Many find themselves at a crossroads, unsure of which neighborhood or community would suit their evolving lifestyle. They may have grown accustomed to their current location, with its close proximity to friends, family, amenities, and familiar surroundings. Deciding on a new neighborhood can be overwhelming, as it entails extensive research and visits to potential areas to ensure it meets their needs and preferences.While empty nesters may be hesitant to leave their family homes, it is essential to consider alternative options that cater to their changing lifestyle. Remodeling and renovating their current property to better suit their needs can be a viable solution. By repurposing unused bedrooms into hobbies or workspaces, creating an open floor plan, or making accessibility modifications, empty nesters can transform their homes into comfortable spaces for their new chapter in life.In conclusion, empty nesters are often reluctant to sell their homes due to emotional attachment, financial constraints, and the difficulty of finding a suitable neighborhood or community. However, exploring alternative options like remodeling can offer a practical solution for those seeking a change while preserving the memories and familiarity of their family home. Ultimately, the decision to sell or stay lies in the hands of empty nesters, and it is crucial to support and understand their individual choices.
Why buying a home now make good sense.
Why Buying a Home Now Makes Good Sense In today's crazy rental market, where prices are skyrocketing and availability is scarce, potential home buyers may find themselves at a crossroads. Is it the right time to take the leap into homeownership? The answer is a resounding yes! There are several factors that make buying a home now a sensible choice for both buyers and sellers, as well as the lifestyle benefits it brings. First and foremost, the stability of interest rates is a significant advantage for those considering purchasing a home. While prices continue to rise, interest rates have remained relatively low, making homeownership more affordable and manageable. By locking in a low-interest rate, buyers can save thousands of dollars over the life of their mortgage, providing them with long-term financial security. With interest rates projected to gradually increase in the future, now is the ideal time to take advantage of this favorable situation. Furthermore, the current real estate market is characterized by low inventory and increasing prices. This may seem like a disadvantage for buyers at first glance, but it actually presents a unique opportunity. By purchasing a home now, buyers can avoid the risk of being priced out of the market in the future. As prices continue to rise, waiting to buy a home may result in limited options and higher costs down the road. By acting now, buyers can secure a property at a more affordable price and benefit from the potential appreciation of their investment. For sellers, the current market conditions offer an excellent opportunity to maximize their profits. With inventory being low and demand continuing to rise, sellers have the upper hand. This means that homes are selling quickly and often at or above the asking price. Sellers can take advantage of this seller's market by setting an appropriate listing price and strategically marketing their property to attract potential buyers. By capitalizing on the current demand, sellers can achieve a quick and profitable sale. Apart from the financial benefits, buying a home offers numerous lifestyle advantages. Owning a home provides stability and security, allowing individuals to establish roots in a community and create a sense of belonging. Moreover, homeownership offers the freedom to customize and personalize living spaces according to individual tastes and preferences. From painting walls to renovating kitchens, homeowners have the freedom to create a living space that truly reflects their unique style and personality. Additionally, owning a home provides a sense of pride and accomplishment. It allows individuals to build equity and wealth over time, which can serve as a valuable asset for the future. Renting, on the other hand, often means paying someone else's mortgage and not having the opportunity to build equity. By investing in a home now, buyers can position themselves for long-term financial success and security. In conclusion, the current real estate market presents a prime opportunity for buyers, sellers, and those seeking a better lifestyle. With stable interest rates, low inventory, and increasing prices, buying a home now makes good sense. Buyers can take advantage of affordable prices and secure a property before prices escalate further. Sellers can capitalize on the high demand and achieve profitable sales. And, on top of the financial benefits, homeownership provides stability, personalization, and the opportunity to build equity. Don't miss out on this advantageous real estate market – now is the time to make your move and embrace the benefits of homeownership.
The Benefits of Buying a Home: Making Your Dreams a Reality
Hey there, fellow locals! Are you currently renting a home or apartment? If so, have you ever wondered about the advantages of buying your own place? As a real estate agent who has helped numerous individuals find their dream homes, I'd like to shed some light on why buying a home can be a better long-term option compared to renting. So, let's dive in and explore the wonderful world of homeownership! Build Equity and Invest in Your Future When you rent, your monthly payments go toward someone else's investment. However, by buying a home, you're investing in your own future. As you make mortgage payments, you gradually build equity in your property, which essentially means you're paying off your own asset. Over time, this investment can grow, providing financial security and stability. Stability and Freedom to Personalize Renting often means living with restrictions imposed by landlords. The joy of owning your own home lies in the freedom to personalize it according to your taste and needs. Want to paint the walls a vibrant color or install that dream kitchen? As a homeowner, you have the power to make those decisions without seeking permission. Your home becomes a reflection of your personality and a sanctuary you can truly call your own. Long-term Cost Savings While it's true that buying a home involves upfront costs like a down payment and closing costs, owning a property can save you money in the long run. Rent tends to increase over time, but with a fixed-rate mortgage, your monthly payments remain stable for the duration of your loan term. Plus, as property values appreciate, your investment may gain value, potentially providing a return when you decide to sell. Tax Benefits and Financial Advantages When tax season rolls around, homeowners enjoy certain advantages. Mortgage interest and property tax payments are often tax-deductible, which can help reduce your overall tax burden. Additionally, the equity you build in your home can be leveraged for other financial needs, such as securing a loan for education, starting a business, or making home improvements. Sense of Community and Belonging Buying a home is not just about the physical structure; it's about embracing a community and establishing roots. Owning a home often leads to a deeper sense of belonging, as you become part of a neighborhood and engage with local events and activities. It's an opportunity to build lasting relationships with your neighbors, contributing to a strong and vibrant community. Future Generational Benefits Buying a home can have far-reaching benefits for future generations. By building equity and owning a property, you provide a solid foundation for your family's future. You can pass on a valuable asset that can provide financial security, serve as an inheritance, or be sold to fund other life goals. Now, before jumping into homeownership, it's essential to assess your financial situation, consider your long-term plans, and ensure you're ready for the responsibilities that come with owning a home. Consulting with a trusted real estate agent and a financial advisor can provide valuable guidance along the way. So, dear renters, as you weigh your options, keep in mind that buying a home offers more than just a place to live. It brings financial stability, personal freedom, and a strong sense of pride and belonging. If you're ready to take the leap into homeownership, start exploring the local real estate market and make your dreams a reality. Remember, you deserve a place to call your own!
The Top 5 Factors to Consider When Buying Your Dream Home.
Introduction: Buying a home is one of the most significant investments and life decisions a person can make. Whether you're a first-time homebuyer or an experienced real estate investor, it's crucial to carefully evaluate several factors before finalizing your purchase. In this article, we will explore the top five considerations to keep in mind when buying your dream home. By taking these factors into account, you can make an informed decision that will bring you joy and satisfaction for years to come. Location, Location, Location: One of the most critical aspects of buying a home is its location. The neighborhood and proximity to essential amenities play a vital role in determining your quality of life. Consider factors such as accessibility to schools, healthcare facilities, shopping centers, and transportation options. Additionally, assess the overall desirability and future growth potential of the area. Researching local crime rates and community development plans can help you gauge the long-term value of your investment. Size and Layout: The size and layout of a home should align with your current and future needs. Consider the number of bedrooms, bathrooms, and living spaces required to accommodate your family and lifestyle. Think about your preferences regarding open floor plans, storage space, and outdoor areas. While it's essential to find a home that fits your needs, be mindful of striking a balance between size and affordability. Buying a home that is too large for your requirements may result in unnecessary financial strain. Condition and Maintenance: Assessing the condition of a property is crucial to avoid potential surprises and unforeseen expenses down the line. Engage the services of a qualified home inspector to thoroughly evaluate the structure, electrical systems, plumbing, and other crucial components. This step ensures that you have a comprehensive understanding of any existing issues and can negotiate repairs or price adjustments as needed. Additionally, consider the long-term maintenance requirements of the property. Older homes may require more upkeep and renovation compared to newer constructions. Affordability and Financing: Determining your budget and securing appropriate financing options is a vital step in the home buying process. Assess your financial situation, including income, savings, and credit score, to gauge your borrowing capacity. Shop around for different mortgage lenders to find the most favorable interest rates and loan terms. Remember to factor in additional expenses such as property taxes, insurance, and maintenance costs when calculating your affordability. Being financially prepared ensures a smooth and stress-free home buying experience. Future Resale Value: While it may seem counterintuitive to consider selling your dream home before you even buy it, considering its future resale value is a wise decision. Market trends and property appreciation potential should influence your decision-making process. Factors such as proximity to employment hubs, school districts, and popular amenities can impact the home's marketability in the future. Although you may plan to stay in the home for many years, it's always prudent to keep an eye on its potential value in case unforeseen circumstances necessitate a sale. Conclusion: Buying a dream home is an exciting and rewarding journey. By considering the factors mentioned above—location, size and layout, condition and maintenance, affordability and financing, and future resale value—you can make an informed decision that aligns with your needs and goals. Remember to take your time, conduct thorough research, and consult with real estate professionals who can guide you through the process. With careful consideration, you'll be well on your way to finding the perfect home that brings you joy and comfort for years to come.