Welcome To The Alba Group's Blog

On a weekly basis we bring up to date current information about the real estate market in Medford, Eagle Point, Pheonix and the surrounding areas of Jackson County and Josephine County Oregon.!

Tag Archives: medford

Oct 31 2013

Mistakes Home Owners Often Make With Their House


When it comes to remodeling or taking care of a house, some homeowners make some unrealistic choices. Do not go overboard on the remodeling of your house.  It is so easy to get caught up in the emotional attachment or the designing that you can throw the budget out the window. Be realistic about pet odor.  Animals can be wonderful and bring us great joy.  But along with that they bring odors and hair.  Big or small they all smell and they likely shed as well.  You should have your carpets and furniture cleaned at least every six months and open the windows frequently to help get rid of any pet odors. Do not remove walls unless you verify they are not load bearing.  It can be disastrous if you do not get the help of a professional contractor. Curb appeal separates one neighborhood from another.  Unkempt yards can reduce property values.  Do not be “that” neighbor who does not mow their lawn or trim the shrubs.   Related articles Remove Those Pet Odors With These Quick Tips

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Oct 31 2013

Halloween Is your house haunted by bad smells and strange noises?


Happy Halloween Everyone! Be sure to stay safe and check your candy! If there is a for sale sign in front of your home or if you are thinking of putting one there then here are a few tips to make sure you are not scaring away your potential buyers. I am talking about home maintenance.  Not just the usual home maintenance but some particular important things to consider when selling your home. First open your refrigerator.  Sometimes there is food in the refrigerator that needs to be discarded.  Yes, serious buyer will open your refrigerator and if it smells bad, they will quickly close the door and find another home to tour.  Be sure to remove any thing that could be a science experiment. Squeaky door or hard to open doors is another simple fix.  Just add a little WD-40 or even cooking oil does the trick. If you are thinking of selling your home and would like a professional to help you, call or email us.   Related articles Is Your House a Haunted House? | Halloween Maintenance Halloween around the House Happy Halloween! Haunted House For Sale…

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Jul 29 2013

First Time Buyers Purchase Short Sale


A Short Sale For First Time Home Buyers When first time home buyers purchase a short sale it can be very challenging.  There is nothing I enjoy more than  helping a client find a home.  Buying a home for the first time can be scary and challenging.  Making a final decision is not easy.  Recently we had an opportunity to help these buyers find their first home in Medford Oregon. Our first home buying experience was a wild ride; luckily we had the right help to get us through this new experience and made it as memorable and fun as we were hoping for.  We ended up putting an offer in on a short sale house shortly after we began looking at homes in the Medford area. Vic started by showing us houses that were in our price range with the features that we were looking for without pressure to jump on any one. Of course once we found the one we wanted it became a little nerve racking making that big decision to buy it. We decided on a two bedroom, one bath house that was built in the 1950’s. It was our perfect starter house. Overall the process was as smooth as we could have hoped for with a short sale and with Vic on our side we ended up coming in under budget and closing earlier than we expected.  Now we are loving everyday in our new home and are very excited to begin adding our own little touches. If you are looking for a home or know someone who is searching for a home in the Medford Oregon tell them about the Alba Group or better yet give us a call and we promise we will follow up and treat your referrals like royalty. Related articles Do you know What exactly is a short sale in real estate? Need to know how to Handle a Short Sale of your home? Want to Buy after Short Sale or Foreclosure?  

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Jun 08 2013

Monday June 10th Beer Week in Medford


Monday June 10th Beer Week in Medford Be sure to check out the Beer Week in Medford festivities on Saturday and on Sunday. If you are on Twitter be sure to follow @Walkabout Brewing Tap Room. If not just come  and celebrate  Beer Week in Medford by the Walkalypse Collaboration Release and Ladder Ball Tournament which starts at 3 pm Monday June 10. Come by and grab a can at Beerworks starting at 3 pm until 7 pm If you come out later to celebrate  Beer Week in Medford you have several options. Mad River Brewing at Jackson Creek Pizza has a wrestling costume contest and some great beer specials. The celebration starts at 5 pm until 8 pm. Centennial Golf Club has BBQ chicken and rib dinner and appetizers cooked with SOB beer on the patio. Along with live music by Jon Galfano, a putting contest and a pitching contest. Discount beer and samples starts at 5 pm until 8 pm. If you don’t get off work until 5:00 pm then come by the Schoolhaus Brewhaus on the way home. From 5:30 pm until 8:30 pm you can taste beers and eat smoked bratwursts on the deck. Like to gamble and drink beer? The Trophy Club is hosting a Texas Hold ‘Em Tournament starting at 6 pm. There are special pricing on beer each day of the Medford Beer Week at Portal Brewing Tap Room starting at 6 pm. RSVP only at Elements. Enjoy a four course dinner by Chef Braden Hitt along with Caldera beers. $45 per head. Email info@elementsmedford.com for more information. Related articles Medford Beer Week 2013 Sunday Events Medford Oregon Beer Week 2013 June Events

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Jun 06 2013

Medford Oregon Beer Week 2013 June Events


Medford Oregon Beer Week 2013 June Events

Get Ready for Medford Beer Week 2013 Medford Oregon knows how to celebrate Medford Beer Week 2013!  Next week is Medford Beer Week 2013 in Medford Oregon. The entire city celebrates beer and the making of beer all week long!  Many of the local establishments, both restaurants and bars know and acknowledge the importance of quality beer and are committed to serving it. Medford Beer Week 2013 has something for every beer lover every night of the week.  If you are not able to make it on June 8 when the party starts, no worries because we are celebrating all week long. The Medford Beer Week 2013 starts on Saturday June 8, 2013 at Hanley Farm at 12 noon until 8 pm.  You can buy tickets here Tickets for the Medford Beer Week 2013 are also available at: Grains, Beans & Things, 820 Crater Lake Ave, suite 113 Medford, Oregon Pico’s Worldwide, 160 E California St.  Jacksonville, Oregon The Twisted Cork, 210 SW 6th St. Grants Pass, Oregon Boulton & Son, Butchers, 165 E. Main St. Ashland, Oregon The Kegs and Eggs Kick-Off Party starts at 10 am – 2 pm. $1 off all tap beers. If you golf or enjoy watching you will enjoy the Joe’s Sports Bar and Grill Golf Tournament at the Stoneridge Golf Club. The Tap Take Over at Beerworks begins at 5 pm until 10 pm. The Trophy Club has Lagunitas Brewery Pint Night from 7 pm until 9 pm, with special pricing on Lagunita pints. Come join the fun at 9 pm Karaoke. Come join in on the fun. Remember to drink responsibly and have a designated driver.         Related articles Medford Oregon Beer Week 2013 June Events Medford Beer Week 2013 Sunday Events Monday June 10th Beer Week in Medford Medford Oregon Homeowners Insurance Happy Home Buyers of Medford Oregon Sellers Ask “Why isn’t my home being shown?”

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May 18 2013

Sellers Ask “Why isn’t my home being shown?”


Why Isn’t My Home Being Shown? Medford Oregon home sellers ask “Why isn’t my home being shown?” when the home is either a) priced too high, b) needs to be de-cluttered and staged properly c) location is inconvenient or not the best or d) the home is in poor condition.  Most people who have had any experience  selling a home in Medford Oregon, already know the answer to the question. The problem may be just finding a Realtor willing to be honest with you and is not afraid to hurt your feelings. Be Honest It is not that anyone wants to hurt your feelings. It is just important to work with a realtor who is willing to be honest with you and tell you the truth, not necessarily what you want to hear.  Home sellers also have to be honest with themselves.  If you home is listed, sit down with your real estate agent an audit these conditions or review what is on the market yourself. Home Photos Market Your Property Beyond those four conditions you may also look at a few others.  For instance, lets take a look at the pictures of your property being used to market your home.  The pictures should be of high quality that exhibits your home in the best light.  Dark or blurry photos are unacceptable. Wrong Property Information Many times when I search for homes for buyers the square footage, bedroom numbers or bathroom information is not entered into the multiple listing service correctly.  Be sure to review the information listed on line about your property.  I know everyone makes a mistake every now and then. Poor Description of Your Home There is a limited number of characters which your real estate agent can use to describe your property in the Medford multiple listing service.  Using this space in the most efficient way could make the difference whether your home is shown.  Make sure THE most important features of your home are not left out of the description. Not Enough Visuals It is just natural if there are 20 homes on the market in Medford Oregon that meet a particular home buyers needs and 15 of them have 20 pictures and video tours and 5 only have one picture than they will most likely choose to see the 15 properties which they know more about instead of the five they have only seen the front outside of. Can Not Be Shown   Make sure your house key works and your home is available to be shown to potential home buyers.  I have had plenty of times where home buyers have come out of town and either the wrong house key or there is no house key in the lock box.  We move on to another property and sometimes we never make it back to that property because the home buyers found another home to buy.  This may have been the case even if we were able to get into the property but do not let this happen to you.  It is a simple solution.  Have your agent check on the listing and the  house key regularly. Solution to Your Home Sale Instead of asking “Why isn’t my home being shown?”,  just call The Alba Group when it is time to sell your home. Your home will be featured with as many photos as possible with adequate amount of verbiage and exposed on several different sites online. We make it a priority to check up on our listings regularly and follow up with every showing. Our goal is to get your home sold in the fastest amount of time, with the least amount of inconvenience to you and with the highest amount of money in your pocket. Related articles Happy Home Buyers of Medford Oregon 6 Reasons Your Home Isn’t Selling Choosing a Real Estate Agent….

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Oct 05 2010

Jackson County Real Estate market stats (not as rosy as national numbers)


Despite the promising news from the National Association of Realtors that pending homes sales rose nationally, Jackson County continues to see falling numbers, both in number of sales and in median home price. This article in the Mail Tribune states that in all Rogue Valley areas except Jacksonville, home prices fell 19% with September 2010’s median home price at just $149,000 (down from $185,250 in September 2009).  Sales for the 90-day period ending September 30, 2010 dropped 9% from the same period a year earlier, with just 467 transactions in July, August, and September (as compared to 514 in 2009).

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Jun 07 2010

Is a distressed property the right deal for you?


With the first-time homebuyer tax credit deadline having come and gone, you may be asking yourself, “What now?” Fortunately, the door is now open to a new wave of savings: distressed properties. For many buyers, the term foreclosure brings up images of run-down homes with no heat and rotting wood. While this is still the case for some homes, it’s no longer the standard. In fact, first time buyers are snatching up distressed deals in decent condition for great prices. According to a November 2009 Keller Williams Research Buying Distressed Properties Survey, 40 percent of all buyers for bank-owned foreclosures (REOs) were first-time buyers in 2009. 50 percent of all short sale buyers were first-time buyers. By definition, a distressed property is one that was purchased with a loan and the homeowner is no longer able to make their mortgage payment resulting in foreclosure – or if they’re lucky a short sale – meaning they owe more on the home than it’s currently worth. With a 20 percent increase in foreclosures from 2009, distressed properties still remain a large portion of home sales and are going to continue well into 2010 as homeowners continue to feel the effects of an economy on the mend. If you’re in the market for a home and are prepared for a unique transaction, a distressed property can be a great option. Here’s why: Prices are low – Buying a foreclosed property is an excellent way to get a home for less. Research shows you can save 10-40 percent over the price of similar properties in a traditional sale. Mortgage costs are low – With rates hovering near historic lows, financing costs to are favorable. Keep in mind, rates are always changing. It’s important to begin the pre-approval process so that you know how much you can realistically afford. You have options – The number of homes in some stage of the foreclosure process still remains high. RealtyTrac, a site dedicated to tracking foreclosures across the country, estimates that there are approximately 2.1 million homes in some stage of foreclosure in the United States. Sellers and lenders are motivated – According to data from RealtyTrac, in April, one in every 387 households in the country has received a foreclosure filing. The bottom line is that many sellers are still feeling the pain of a down economy and are anxious to out get from under a home that is putting stress on their current financial frustrations. While it is still an emotional transaction, these sellers are willing to come down on price or even consider concessions such as helping out on closing costs. Banks holding on to large portfolios of Real Estate Owned (REO) properties want to unload quickly – and price these home to sell. Your best ally when purchasing a distressed property is an expert. Always have a professional REALTOR® by your side to help you make informative decisions. If you’re interested in learning more about purchasing a distressed property, contact us today!

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May 04 2010

Good news for blighted area of downtown Medford


In the heart of downtown Medford’s warehouse district, vacant buildings abound, prime targets for a growing population of vandals looking for a spot to spray graffiti. Thanks to the Olsrud family, local purveyors of Sherm’s Thunderbird and Food 4 Less, Front Street has one less dilapidated building and four fewer walls to display graffiti tags. Five years ago, the family purchased the old Pinnacle Packing Co. building, which was later destroyed by fire thought to have been started by a homeless person creating a warming fire. Although no detailed future plans have been drawn, the family intends to develop the property again for use in its grocery business. There are many other opportunities for such revitalization on Front Street and the area surrounding it. Read more here.

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Apr 24 2010

The alba group’s foreclosure business proves newsworthy


Vic Nicolescu, the alba group’s founder and owner, helps investors purchase property at the foreclosure auction. Those investors then fix the property and resell it at or below market value.  The team advertises its properties for sale through Southern Oregon Foreclosures. This business recently got the attention of local news channel 5 KOBI TV Medford.  Click the image below to open KOBI’s website and watch the story which aired on Friday, April 23, 2010.  (IF the link doesn’t work, but and paste this link into your browser’s address bar:  http://localnewscomesfirst.com/index.php?option=com_seyret&Itemid=431&task=videodirectlink&id=4742).

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