JULY 14, 2017, KEIZERTIMES, PAGE A3
Caillier new Rotary president Hot housing market has pitfalls
Mark W. Caillier was installed as the 54th quet were: Chuck Lee, president-elect, Na-
than Bauer, past-president, Alana Lang
president of the Rotary Club of
Neads, secretary, Mark Baker, treasurer.
Keizer at a colorfully decorated
Directors for the 2017-18 include: Cari
banquet on Wednesday, June 28.
Buchholz, Jeff Davis, Brian Lea, Jason
Caillier, a former Keizer City
Lewis and Dr. Cindy Strawn. Marc Ad-
Council and currently involved
ams will continue as chair of the Keizer
with software development, has
Rotary Foundation.
been a member of the Keizer club
Rotary Club is a global network
for eight years. He took the presi-
of 1.2 million members who work to
dent’s gavel from Nathan Bauer
M. Callier
make positive changes at home and
as he announced Rotary Inter-
abroad. Locally, the Keizer club has
nationall’s theme for the coming
raised more than $500,000 over the past 50
year: Making a Difference.
Other offi cers installed at last week’s ban- years for projects in the community.
Plan now for National Night Out
The Keizer Police Depart-
ment is registering groups for
the annual National Night
Out event in August.
On Tuesday, Aug. 1, neigh-
bors are encouraged to step
out and meet-up, share in-
formation, and connect with
local public safety personnel.
In partnership with the
National Association
of
Town Watch, the Keizer Po-
lice Department will be co-
sponsoring the 34th annual
National Night Out event
citywide from 6 to 9 p.m.
Over 38 million people in
more than 16,000 communi-
ties throughout the country
will join forces to promote
police-community partner-
ships, crime, drug and vio-
lence prevention, safety, and
neighborhood unity.
National Night Out is de-
signed to: 1) heighten crime
awareness; 2) generate support
and participation in local an-
ti-crime efforts; 3) strengthen
neighborhood spirit and po-
lice-community relations; and
4) send a message to criminals
letting them know neigh-
borhoods are organized and
fi ghting back.
Many neighborhoods will
host a variety of special events
such as block parties, cook-
outs, potlucks, dessert socials
and youth activities. Neigh-
borhood Watch block captains
are highly encouraged to or-
ganize an event as an oppor-
tunity to contact their par-
ticipants, meet new neighbors
and update their rosters. All
other neighborhoods are also
encouraged to participate. To
register your gathering, visit,
www.keizer.org/nno-2017.
Whether
you’re
buying or
selling
By ERIC A. HOWALD
Of the Keizertimes
Two local real estate busi-
nessmen gave a glimpse into
the local housing market
at the Keizer Chamber of
Commerce luncheon Tues-
KEIZERTIMES/Eric A. Howald
day, July 11.
Bob
Shackelford
of Justin Morris, a branch sales manager with Guild Mortgage,
HomeSmart Realty Group talks about trends in the home fi nancing at the Keizer Cham-
and Justin Morris of Guild ber of Commerce luncheon Tuesday, July 11.
Mortgage offered their in- main long after a contract has
“The builders don’t have
sights into current trends.
as much profi t margin as they
been accepted.
Shackelford said to be
The average price of re- used to which is pushing up
wary of stories about homes cently sold homes in Keizer is prices,” Morris said. “There’s
getting bid up to astronomi- about $276,000 and the me- not even a lot of profi t on the
cal prices.
more expensive $400,000 to
dian price is $261,000.
“The sellers think overbid-
While the market is bull- $500,000 homes according
ding is great,
ish for sellers, to the statements we get after
but appraisal
it can be a very closure.”
changes that
While both lamented some
different atmo-
and renegoti-
sphere for buy- of the regulation put in place
ating begins,”
ers, especially after the housing market crash
he said.
those seeking of 2008, Morris said it serves
There
is
to purchase a a purpose.
an inventory
“With those regulations, it
fi rst home.
shortage, but
“ W h e n allows the banks to have bet-
the more re-
( f i r s t - t i m e ter loans in their portfolios
alistic expec-
buyers) have a and that allows us to keep our
tation is that
— Justin Morris house in their costs down,” he said.
a home will
Shackelford said the big-
range there are
Guild Mortgage
only be on the
more bidders gest piece of advice he has for
market for a
out there with those currently in the market
short time – in
stronger
of- for a home is to get pre-ap-
many cases only a few days.
proved for a loan before get-
fers,” Shackelford said.
“The
$350,000-plus
Even homes that have been ting in the car to “go shop-
homes might stay on the in foreclosure are being put ping.”
market more than a week,” back on the market slowly
“Talk to a lender and have
Shackelford said.
and are frequently selling at a pre-approval letter. They
He added that the number retail prices, he added.
mean more now than they
of “for sale” signs seen around
Morris said the cost of new once did, and you’ve got the
neighborhoods can be decep- homes is on the rise because cart before the horse without
tive because they often re- of the materials costs.
one,” he said.
“Builders
don’t have as
much profi t
margin as
they used to.”
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