Dave Pautsch's Real Estate Blog

Real Estate Talk Market Update for 20 November 2008 (Mid-Willamette Valley, Oregon)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Fri, 21 Nov 2008 21:09:49 -0600

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 159
- Average price - $177,644
- Median Sale Price - $178,500
- Average Days on the Market - 127
- Average Dollar per Square Foot - $124.32
Current Active Listings - 441
- Average Price of Active Listings - $240,990
- Months of Inventory - 7.74

Corvallis

SOLD/Pending (past 90 days) - 117
- Average price - $250,442
- Median Sale Price - $250,000
- Average Days on the Market - 103
- Average Dollar per Square Foot - $168.98
Current Active Listings - 233
- Average Price of Active Listings - $325,024
- Months of Inventory - 5.10

Lebanon

SOLD/Pending (past 90 days) - 42
- Average price - $115,585
- Median Sale Price - $137,500
- Average Days on the Market - 114
- Average Dollar per Square Foot - $112.33
Current Active Listings - 152
- Average Price of Active Listings - $179,500
- Months of Inventory - 8.94

Last show: Real Estate Luncheon - Our monthly roundtable discussion about the local real estate market and current events. Tentatively scheduled: Bryan Milligan (Pacific Residential Mortgage), Theresa Markham (LandAmerica) and Carla Allen (RE/MAX Integrity-Corvallis)

Upcoming Guests Scheduled:

November 29 - We Buy Oregon Homes, LLC partner Jamie Hanson will be my guest. In today's roller coaster real estate market Jamie and his partners are finding ways to make money. Tune in to hear about their strategies for success.

December 06 - Fred Chamberlin, Alpine Mortgage in Eugene is scheduled in to talk about FHA 203K Streamline and USDA 100% loan programs.

December 18 - Tax Assessment - Mark Noakes, Linn County Tax Assessor will be in to discuss how property taxes are assessed, how to read your property tax statement, assessment appeals, new construction valuations, and more.

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included)

For more information, contact Dave at realestatetalk@kgal.com.

Its a Buyers Market...Where are the buyers?

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Tue, 18 Nov 2008 11:44:14 -0600

I've been telling my Real Estate Talk listeners for months that, depending on where you live in the mid-valley, we are somewhere between a neutral and a strong buyer's market...but why aren't the buyers buying?

Even though the local housing market is strongly favoring the buyers, many are still sitting on the sidelines. I think there are really 3 things they are waiting for. First, they're waiting for prices to come down a little further, everyone wants to buy as close to the bottom as they can; Secondly, they are waiting for the right interest rate, and finally there are other buyers who think that they won't be able to get financing because there isn't money available from lender

Waiting for the bottom...

Waiting for the bottom may be the best way to miss a great deal in housing. First of all, you won't know the bottom hit until some months afterward - it's a data point, an historical fact. Prices in the mid-valley are off about 10% from their highs a year and a half ago. Might they come down a bit further, sure, but depending on how long you intend to own the home, the exact bottom isn't really that important. Over time, a nice home in a good location will ALWAYS appreciate in value. For those looking to own for at least 5 to 7 years, using this buyer's market to your advantage today means you'll get a great deal today, and maximize your opportunities for the future.

Interest rates have the largest impact...

Interest rates have the largest impact on your monthly payment, and the affordability of your home. Generally speaking, interest rate has a bigger impact even than a drop in price. Over the past year and a half, interest rates have been consistently between about 5 and ½ and 6 and ½ percent, historically, pretty exceptional rates. Where are they headed in the future, it's really un-predictable and frankly, why would that be an over-riding factor in your decision? If you are going to stay in the home long enough, it could be worth an investment in up-front closing costs to buy down the interest rate and in today's market you can negotiate that from the seller instead of, or IN ADDITION to a price reduction. Secondly, if rates come down substantially in the future, you may have the opportunity to take advantage THEN and refinance anyway. Paying attention to the interest rate in the housing equation is important, but don't let it paralyze your ability to make a decision and miss a great opportunity.

The news media...

The news media has unfortunately created this perception that loans are not available. That just isn't the case. What has happened is that lending standards have definitely tightened, and that is a good thing for the long term health of the market - but banks still have money to lend to qualified buyers. If you have a steady job, solid credit, and the ability to document it, you can get a loan. How much HOUSE you can afford may be more limited by the resources you have for a down payment than anything else. An FHA loan today will require a minimum of 3 and ½ percent down payment, that's the lowest out there. Most lenders are going to want 5, or 10, and in some cases 20% down. This is a move back to the OLD, pre sub-prime days. My advice is for potential buyers to meet with a lender they like and trust and open the dialogue. Additionally, there are resources out there to help buyers increase their down payment - for more information check out the Real Estate Talk web-site.

Summary

I believe very strongly that there is a pent up demand for housing in our area. Our local economy is still solid, still creating jobs, despite what you might hear on the news. Getting the housing market moving again is a key to the wider health of the economy and doing just a little research, asking questions of professionals that you trust, could help many potential buyers realize that not only is NOW the best time to buy a home and make the transition from renter to home owner...but that it is well within their reach. Prices are down - will they go down further - maybe but when balanced against the future of interest rates, I think you will be hard pressed to find a more affordable time to buy. Most importantly, there IS financing available for qualified buyers. Don't be paralyzed by unknowns and false assumptions. The ONLY way for you to determine if buying is right for you...and if you're in the position to buy - is to sit down with a real estate professional and a lender- and start building a plan today.

Real Estate Talk Market Update for 6 Nov 2008 (Albany, Lebanon, Corvallis Oregon)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Thu, 06 Nov 2008 17:04:33 -0600

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 165
- Average price - $188,437
- Median Sale Price - $198,368
- Average Days on the Market - 133
- Average Dollar per Square Foot - $176.03
Current Active Listings - 447
- Average Price of Active Listings - $242,154
- Months of Inventory - 7.84

Corvallis

SOLD/Pending (past 90 days) - 117
- Average price - $246,039
- Median Sale Price - $253,500
- Average Days on the Market - 106
- Average Dollar per Square Foot - $170.89
Current Active Listings - 234
- Average Price of Active Listings - $329,399
- Months of Inventory - 5.12

Lebanon

SOLD/Pending (past 90 days) - 41
- Average price - $120,245
- Median Sale Price - $138,900
- Average Days on the Market - 121
- Average Dollar per Square Foot - $113.41
Current Active Listings - 148
- Average Price of Active Listings - $175,750
- Months of Inventory - 8.71

Last show: Thursday, November 6 - Carisa Ramey, Central Willamette Community Credit Union is scheduled in to talk about Programs available for first time buyers, as well as provide her insights into the current mortgage lending environment.

Upcoming Guests Scheduled:

Other November guests:

November 15 - Mary Hartley (RE/MAX Integrity) - Sellers and the holidays. Do you keep your home on the market or take it off over the holiday season? Many sellers are going to have to make that decision in the next week. We'll discuss the pros and cons with Mary.

Real Estate Luncheon - Our monthly roundtable discussion about the local real estate market and current events. Tentatively scheduled: Bryan Milligan (Pacific Residential Mortgage), Theresa Markham (LandAmerica) and Carla Allen (RE/MAX Integrity-Corvallis)

Date TBD - Tax Assessment - Mark Noakes, Linn County Tax Assessor will be in to discuss how property taxes are assessed, how to read your property tax statement, assessment appeals, new construction valuations, and more.

For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk on KGAL 1580 - Weekly Housing Market Update for Albany, Lebanon, and Corvallis Oregon

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Thu, 16 Oct 2008 16:48:57 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 171
- Average price - $213,706
- Median Sale Price - $189,950
- Average Days on the Market - 127
- Average Dollar per Square Foot - $127.56
Current Active Listings - 442
- Average Price of Active Listings - $245,807
- Months of Inventory - 7.75

Corvallis

SOLD/Pending (past 90 days) - 137
- Average price - $290,660
- Median Sale Price - $251,000
- Average Days on the Market - 100
- Average Dollar per Square Foot - $171.19
Current Active Listings - 238
- Average Price of Active Listings - $335,467
- Months of Inventory - 5.21

Lebanon

SOLD/Pending (past 90 days) - 51
- Average price - $163,478
- Median Sale Price - $146,250
- Average Days on the Market - 125
- Average Dollar per Square Foot - $112.26
Current Active Listings - 151
- Average Price of Active Listings - $188,200
- Months of Inventory - 8.88

Last show: Thursday, 16 October - The Eugene real estate market. What is going on there, and what it means to us in the Linn and Benton Counties. Tentative guests include Kevin Simrin (Owner-ReMax Integrity).

Upcoming Guests Scheduled:

Saturday, 25 October - Michael Berrey and Erin Moseley (State Farm Insurance) The fundamentals of home owners insurance when you are buying a home. Understanding flood insurance.

For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update for 11 October 2008 (Albany, Lebanon, Corvallis Oregon)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 11 Oct 2008 21:22:10 -0500

(1) "SOLD" statistics include both SOLD and PENDING
(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

SOLD/Pending (past 90 days) - 180
- Average price - $216,080
- Median Sale Price - $192,950
- Average Days on the Market - 130
- Average Dollar per Square Foot - $128.07
Current Active Listings - 425
- Average Price of Active Listings - $239,544
- Months of Inventory - 7.08

Corvallis

SOLD/Pending (past 90 days) - 142
- Average price - $294,309
- Median Sale Price - $254,292
- Average Days on the Market - 101
- Average Dollar per Square Foot - $171.35
Current Active Listings - 242
- Average Price of Active Listings - $334,023
- Months of Inventory - 5.11

Lebanon

SOLD/Pending (past 90 days) - 52
- Average price - $170.994
- Median Sale Price - $148,800
- Average Days on the Market - 119
- Average Dollar per Square Foot - $115.12
Current Active Listings - 157
- Average Price of Active Listings - $187,815
- Months of Inventory - 9.06

Last show: Encore performance of Anna Balkema (Willamette Neighborhood Housing Services) and our discussion of 1^st time buyer assistance programs.

Upcoming Guests Scheduled:

Thursday, 16 October - The Eugene real estate market. What is going on there, and what it means to us in the Linn and Benton Counties. Tentative guests include Kevin Simrin (Owner-ReMax Integrity)

Saturday, 25 October - Tentatively scheduled. Michael Berrey and Erin Moseley (State Farm Insurance) The fundamentals of home owners insurance when you are buying a home. Understanding flood insurance.

Are you a First Time Home Buyer?

Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update for 02 October 2008 (Albany, Lebanon, and Corvallis Oregon)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Thu, 02 Oct 2008 10:55:34 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 182
- Average price - $213,119.54
- Median Sale Price - $195,500
- Average Days on the Market - 132
- Average Dollar per Square Foot - $127.38
Current Active Listings - 438
- Average Price of Active Listings - $247,143
- Months of Inventory - 7.22

Corvallis

SOLD/Pending (past 90 days) - 149
- Average price - $295,414
- Median Sale Price - $256,584
- Average Days on the Market - 98
- Average Dollar per Square Foot - $171.47
Current Active Listings - 235
- Average Price of Active Listings - $333,864
- Months of Inventory - 4.73

Lebanon

SOLD/Pending (past 90 days) - 51
- Average price - $170.115
- Median Sale Price - $148,800
- Average Days on the Market - 125
- Average Dollar per Square Foot - $114.13
Current Active Listings - 145
- Average Price of Active Listings - $182,283
- Months of Inventory - 8.53

Thursday, 02 October - Ana Norlander (Windermere, Willamette Valley). The Earnest Money Agreement - an overview of the important clauses and decision points you need to understand as either a buyer or a seller.

Upcoming Guests Scheduled:

Saturday, 11 October - TBD

Thursday, 16 October - The Eugene real estate market. What is going on there, and what it means to us in the Linn and Benton Counties. Tentative guests include Kevin Simrin (Owner-ReMax Integrity)

For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update for Albany, Lebanon, and Corvallis Oregon (27 September 2008)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 27 Sep 2008 14:39:36 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 193
- Average price - $210,205
- Median Sale Price - $194,450
- Average Days on the Market - 133
- Average Dollar per Square Foot - $127.63
Current Active Listings - 450
- Average Price of Active Listings - $257,530
- Months of Inventory - 6.99

Corvallis

SOLD/Pending (past 90 days) - 159
- Average price - $292,571
- Median Sale Price - $258,750
- Average Days on the Market - 102
- Average Dollar per Square Foot - $169.37
Current Active Listings - 241
- Average Price of Active Listings - $342,248
- Months of Inventory - 4.55

Lebanon

SOLD/Pending (past 90 days) - 53
- Average price - $164,856
- Median Sale Price - $145,100
- Average Days on the Market - 120
- Average Dollar per Square Foot - $113.80
Current Active Listings - 161
- Average Price of Active Listings - $186,269
- Months of Inventory - 9.11

Last show: Saturday, September 27 - Stacy Hart, Washington Federal Savings was the guest and she provided an excellent overview of Bridge Loans and other options for home owners who want to take advantage of today's Buyer's Market, but don't want to give up their leverage with a Contingent Offer.

Upcoming Guests Scheduled:

Saturday, 11 October - TBD

Thursday, 16 October - The Eugene real estate market. What is going on there, and what it means to us in the Linn and Benton Counties. Tentative guests include Kevin Simrin (Owner-ReMax Integrity)

Saturday, 25 October - Tentatively scheduled. Michael Beerey and Erin Moseley (State Farm Insurance) The fundamentals of home owners insurance when you are buying a home. Understanding flood insurance.

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. For more information, contact Dave at realestatetalk@kgal.com

$20,000 Price Adjustment - Comfortable Country Living on 19.54 acres - Now $530,000

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Fri, 19 Sep 2008 21:09:28 -0500

Market Update for Oregon's mid-Willamette Valley - Listen to Real Estate Talk

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Thu, 18 Sep 2008 17:27:49 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

•¨ SOLD/Pending (past 90 days) - 187

•o Average price - $211,864

•o Median Sale Price - $188,900

•o Average Days on the Market - 133

•o Average Dollar per Square Foot - $129.12

•¨ Current Active Listings - 441

•o Average Price of Active Listings - $257,382

•o Months of Inventory - 7.07

Corvallis

•¨ SOLD/Pending (past 90 days) - 161

•o Average price - $294,441

•o Median Sale Price - $260,000

•o Average Days on the Market - 105

•o Average Dollar per Square Foot - $170.32

•¨ Current Active Listings - 251

•o Average Price of Active Listings - $343,169

•o Months of Inventory - 4.68

Lebanon

•¨ SOLD/Pending (past 90 days) - 57

•o Average price - $163,666

•o Median Sale Price - $147,250

•o Average Days on the Market - 124

•o Average Dollar per Square Foot - $111.24

•¨ Current Active Listings - 167

•o Average Price of Active Listings - $187,531

•o Months of Inventory - 8.79

Last show: Thursday, 18 September - Monthly Real Estate Roundtable. The topic will be "Short Sales and Foreclosure - Are they really a great deal?" Guests include Yvonne Ward (AmeriTitle), Jason Cadwell (Prudential), and Joe Vincent (Town and Country). *Encore airing on Saturday, 20 September.

Upcoming Guests Scheduled:

Saturday, 27 September - Stacy Hart (Washington Federal Savings), Bridge loans and other products and strategies for buying your next home without selling your current one.

Saturday, 11 October - TBD

Thursday, 16 October - The Eugene real estate market. What is going on there, and what it means to us in the Linn and Benton Counties. Tentative guests include Kevin Simrin (Owner-ReMax Integrity)

Real Estate Talk Market Update for 13 September 2008 (Albany, Lebanon, Corvallis Oregon)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 13 Sep 2008 14:06:35 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

¨ SOLD/Pending (past 90 days) - 185

o Average price - $210,497

o Median Sale Price - $185,000

o Average Days on the Market - 134

o Average Dollar per Square Foot - $128.89

¨ Current Active Listings - 449

o Average Price of Active Listings - $259,417

o Months of Inventory - 7.28

Corvallis

¨ SOLD/Pending (past 90 days) - 163

o Average price - $296,460

o Median Sale Price - $260,000

o Average Days on the Market - 106

o Average Dollar per Square Foot - $171.46

¨ Current Active Listings - 245

o Average Price of Active Listings - $344,093

o Months of Inventory - 4.51

Lebanon

¨ SOLD/Pending (past 90 days) - 59

o Average price - $160,985

o Median Sale Price - $143,900

o Average Days on the Market - 126

o Average Dollar per Square Foot - $110.85

¨ Current Active Listings - 170

o Average Price of Active Listings - $185,398

o Months of Inventory - 8.64

Last show: Saturday, 13 September - Mary Hartley, ReMax Integrity will be in to talk with Dave about the upgrades and remodeling projects that add the most value

Upcoming Guests Scheduled:

Thursday, 18 September - Monthly Real Estate Roundtable. The topic will be "Short Sales and Foreclosure - Are they really a great deal?" Guests include Yvonne Ward (AmeriTitle) and Joe Vincent (Town and Country Realty).

Saturday, 27 September - TBD

Thursday, 2 October - Ana Norlander, Windermere Willamette Valley. The Earnest Money Agreement - an overview of the important clauses you need to understand, and the decisions you have to make as both a buyer and as a seller.

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update for Albany, Lebanon, and Corvallis Oregon (6 September 2008)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 06 Sep 2008 11:40:51 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 179
- Average price - $210,727
- Median Sale Price - $186,000
- Average Days on the Market - 129
- Average Dollar per Square Foot - $129.68
Current Active Listings - 451
- Average Price of Active Listings - $260,644
- Months of Inventory - 7.56

Corvallis

SOLD/Pending (past 90 days) - 157
- Average price - $297,317
- Median Sale Price - $261,000
- Average Days on the Market - 105
- Average Dollar per Square Foot - $168.23
Current Active Listings - 243
- Average Price of Active Listings - $342,103
- Months of Inventory - 4.64

Lebanon

SOLD/Pending (past 90 days) - 54
- Average price - $160,107
- Median Sale Price - $143,900
- Average Days on the Market - 123
- Average Dollar per Square Foot - $111.65
Current Active Listings - 169
- Average Price of Active Listings - $185,437
- Months of Inventory - 9.39

Last show: Thursday, September 4. Anna Balkema, Willamette Neighborhood Housing Services (www.w-nhs.org) was Dave's guest. The discussion was on the availability of down payment assistance programs for first time home buyers.

Upcoming Guests Scheduled:

Saturday, 13 September - Mary Hartley, ReMax Integrity will be in to talk with Dave about the upgrades and remodeling projects that add the most value.

Thursday, 18 September - Monthly Real Estate Roundtable. The topic will be "Short Sales and Foreclosure - Are they really a great deal?" Guests include Yvonne Ward (AmeriTitle).

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update for the Mid-Willamette Valley (30 August 2008)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 30 Aug 2008 15:07:06 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 189
- Average price - $215,803
- Median Sale Price - $185,000
- Average Days on the Market - 130
- Average Dollar per Square Foot - $131.52
Current Active Listings - 463
- Average Price of Active Listings - $258,863
- Months of Inventory - 7.35

Corvallis

SOLD/Pending (past 90 days) - 160
- Average price - $300,682
- Median Sale Price - $269,900
- Average Days on the Market - 103
- Average Dollar per Square Foot - $168.35
Current Active Listings - 251
- Average Price of Active Listings - $340,348
- Months of Inventory - 4.71

Lebanon

SOLD/Pending (past 90 days) - 58
- Average price - $164,015
- Median Sale Price - $145,200
- Average Days on the Market - 117
- Average Dollar per Square Foot - $112.19
Current Active Listings - 168
- Average Price of Active Listings - $185,688
- Months of Inventory - 8.69

Last show: Saturday, August 30 - Chip Cover, Conser Design and Construction. Getting ready for the fall. Home improvement projects you should be working on now before the weather turns.

Upcoming Guests Scheduled:

Thursday 4 September (encore 6 Sept) - Anna Balkema, Willamette Neighborhood Housing Services - Down Payment Assistance Programs (HP-AP, HomeStart, City of Corvallis) - Discussion about other programs which may be coming available next spring (about March).

Saturday 13 September - Mary Hartley, ReMax Integrity. Which home upgrades mean the most? If you can't sell in the near future and want to invest in your home, where are the best places to consider upgrades and remodeling to enhance both the functionality and the value of your home.

Thursday 18 September (encore 20 Sep) - Real Estate Roundtable - Short Sales and Foreclosures - should you buy one? Guests - TBD

Saturday 27 September - TBD

Thursday 2 October (encore 4 Oct) - Ana Norlander, Windermere Willamette Valley. The Earnest Money Agreement - an overview of the important clauses you need to understand, and the decisions you have to make as both a buyer and as a seller.

Upcoming Show topics that I'm working to put together for you:

•- Home owner's Insurance - what you need to know during the buying process; also, when do you need Flood Insurance and how does it work?

New Listing - 19.54 Acres and a Wonderful Home in Scio, OR

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Tue, 26 Aug 2008 22:51:35 -0500

38337 Gilkey Rd
Scio, OR 97374

http://www.Gilkey20.com

Price: $550,000
Property Status: Active
Date of Listing: 8/26/2008
Bedrooms: 3
Bathrooms: 2
Lot Size: 19.54 acres
Interior Size: 2134 sq. ft.

Your slice of heaven on almost 20 acres.

Completely remodeled - including new floors, walls, ceilings, vinyl windows, insulation, plumbing, electric, heat, water softener, water pump. Clean and neat and ready for you to move in!

The 2134 square foot home is centered on 19.54 acres and is an oasis for the way you'll want to live in the country. As part of the recent re-model, a BIG family room w/ vaulted ceiling, french doors to patio was added. This room features surround sound, and ties into the sound system in other rooms too.

The Master suite has coffered ceiling, walk in closet, bath w/ his/her sinks, french doors to private patio w/ new spa (7 person Caldera spa!). The 2 other bedrooms are spacious and well appointed. On the other side of the house, the office (which could be 4th bedroom) features built ins, and additional insulation to help with sound-proofing.

The kitchen has custom solid wood cabinets, Jenn Air Appliances. It is wonderfully open and whoever is cooking or doing the dishes can still feel like part of the family. There is a cook-top stove built into the counter presenting an elegant appearance in black.

Acreage almost always means "outbuildings" and this property is no exception. The 40X60 barn features 2 lofts and a workshop your friends will envy. Do you want to work on vehicles? Build furniture, Store your ATVs? This shop is the place for it, there is a cement floor, electrical, and plenty of space for almost any activity you can think of. In addition there are 2 other outbuildings. Excellent well. Wired for generator.

Much of the acreage is in grass seed, and its your choice to continue the existing arrangment with a local farmer who harvests it...the fee you receive for this pretty much pays your property taxes, which can continue to remain in farm deferral.

Dave Pautsch, Realtor, CRS, MBA

Phone: 541.990.9368

Office: 541.791.9310

Fax: 541.791.4119

Email: Dave@conserrealty.com

Website: Visit My Site

Company: Conser Realty

Real Estate Talk Market Update for 21 August 2008 (Albany, Lebanon, Corvallis, Oregon)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Thu, 21 Aug 2008 11:29:45 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 183
- Average price - $211,423
- Median Sale Price - $188,450
- Average Days on the Market - 128
- Average Dollar per Square Foot - $131.55
Current Active Listings - 463
- Average Price of Active Listings - $262,015
- Months of Inventory - 7.59

Corvallis

SOLD/Pending (past 90 days) - 151
- Average price - $304,943
- Median Sale Price - $274,950
- Average Days on the Market - 105
- Average Dollar per Square Foot - $168.14
Current Active Listings - 240
- Average Price of Active Listings - $345,025
- Months of Inventory - 4.77

Lebanon

SOLD/Pending (past 90 days) - 58
- Average price - $161,910
- Median Sale Price - $145,900
- Average Days on the Market - 106
- Average Dollar per Square Foot - $112.45
Current Active Listings - 171
- Average Price of Active Listings - $186,481
- Months of Inventory - 8.84

Last show: Thursday, August 21 / Saturday, August 23 - Kelly Gardner of Pinnacle Mortgage will be Dave's guest and the topic will be Loan Modification. This is an alternative to short sale and foreclosure for many people. Kelly will explain the options and who it works for.

Upcoming Show topics that I'm working to put together for you:

- 1^st Time Home buyer - Down Payment Assistance programs

- Home owner's Insurance - what you need to know during the buying process; also, when do you need Flood Insurance and how does it work?

- Short Sales and Foreclosures - is it the best way to buy in today's market?

- Upgrades that count - Many people are remodeling and upgrading their homes during this period, taking advantage of low interest rates, but with selling being the wrong thing for them. Which upgrades can you do to make the most impact on your future plans to sell?

Are you a First Time Home Buyer?
Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. For more information, contact Dave at realestatetalk@kgal.com.

Bridle Springs Beauty - Open House Sunday 17 August (1-3 PM)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 16 Aug 2008 20:40:44 -0500

Open House 3162 30th Ct. Albany OR (Sunday 8/17 from 1-3 PM)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 16 Aug 2008 20:39:14 -0500

Real Estate Talk Market Update for Oregon's Mid-Willamette Valley (16 August 2008)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Fri, 15 Aug 2008 22:26:49 -0500

"SOLD" statistics include both SOLD and PENDING
Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 187
- Average price - $213,047
- Median Sale Price - $193,000
- Average Days on the Market - 127
- Average Dollar per Square Foot - $131.96
Current Active Listings - 460
- Average Price of Active Listings - $262,771
- Months of Inventory - 7.38

Corvallis

SOLD/Pending (past 90 days) - 155
- Average price - $299,203
- Median Sale Price - $274,975
- Average Days on the Market - 110
- Average Dollar per Square Foot - $166.41
Current Active Listings - 242
- Average Price of Active Listings - $344,530
- Months of Inventory - 4.68

Lebanon

SOLD/Pending (past 90 days) - 59
- Average price - $163,802
- Median Sale Price - $145,450
- Average Days on the Market - 107
- Average Dollar per Square Foot - $111.42
Current Active Listings - 164
- Average Price of Active Listings - $186,457
- Months of Inventory - 8.34

Saturday, August 16 - Donna Jo Merrifield (Coldwell Banker Valley Brokers) will be here to talk about the Oregon Property Buyer Advisory and Seller Disclosure requirements.

Upcoming Guests Scheduled:

August

Thursday, August 21 / Saturday, August 23 - Kelly Gardner of Pinnacle Mortgage will be Dave's guest and the topic will be Loan Modification. This is an alternative to short sale and foreclosure for many people. Kelly will explain the options and who it works for.

Saturday, August 30 - To Be Determined

Upcoming Show topics that I'm working to put together for you:

- 1^st Time Home buyer - Down Payment Assistance programs

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update for Albany, Lebanon, and Corvallis Oregon (9 August 2008)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sun, 10 Aug 2008 18:31:16 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 181
- Average price - $215,408
- Median Sale Price - $195,000
- Average Days on the Market - 126
- Average Dollar per Square Foot - $133.03
Current Active Listings - 474
- Average Price of Active Listings - $261,304
- Months of Inventory - 7.86

Corvallis

SOLD/Pending (past 90 days) - 157
- Average price - $295,461
- Median Sale Price - $274,950
- Average Days on the Market - 107
- Average Dollar per Square Foot - $165.61
Current Active Listings - 247
- Average Price of Active Listings - $343,910
- Months of Inventory - 4.72

Lebanon

SOLD/Pending (past 90 days) - 60
- Average price - $164,495
- Median Sale Price - $145,150
- Average Days on the Market - 103
- Average Dollar per Square Foot - $112.76
Current Active Listings - 162
- Average Price of Active Listings - $187,595
- Months of Inventory - 8.10

Thursday, August 7 / Saturday, August 9. Dave was on vacation with his family this week...Encore airing of my earlier show with Dale Henson of Willamette Valley Bank on your credit score.

Upcoming Guests Scheduled:

August

Saturday, August 16 - Donna Jo Merrifield (Coldwell Banker Valley Brokers) will be here to talk about the Oregon Property Buyer Advisory and Seller Disclosure requirements.

Saturday, August 30 - To Be Determined

Upcoming Show topics that I'm working to put together for you:

1^st Time Home buyer - Down Payment Assistance programs

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update for 02 August 2008 - Oregon's Mid-Willamette Valley (Albany, Lebanon, and Corvallis)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 02 Aug 2008 22:14:26 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days

Albany

SOLD/Pending (past 90 days) - 182
- Average price - $217,608
- Median Sale Price - $195,500
- Average Days on the Market - 125
- Average Dollar per Square Foot - $133.46
Current Active Listings - 487
- Average Price of Active Listings - $260,546
- Months of Inventory - 8.03

Corvallis

SOLD/Pending (past 90 days) - 154
- Average price - $293,870
- Median Sale Price - $265,000
- Average Days on the Market - 108
- Average Dollar per Square Foot - $167.41
Current Active Listings - 241
- Average Price of Active Listings - $342,064
- Months of Inventory - 4.69

Lebanon

SOLD/Pending (past 90 days) - 60
- Average price - $164,228
- Median Sale Price - $144,750
- Average Days on the Market - 93
- Average Dollar per Square Foot - $112.45
Current Active Listings - 170
- Average Price of Active Listings - $190,019
- Months of Inventory - 8.5

Last - Saturday, August 2. Polly Cappalo (Winderemere) was Dave's guest and the topic was Creative Marketing techniques and innovative ideas to help get your home SOLD in a buyer's market.

Upcoming Guests Scheduled:

August

Thursday, August 7 / Saturday, August 9. Tentatively, Rolland Brower (State Farm Insurance) is scheduled to be the guest. Our topics will include home owners insurance, getting the binder during the purchase process, Flood insurance issues, and a general overview of what types of coverage you need. *Encore airing on 9 August.

Saturday, August 16 - Donna Jo Merrifield (Coldwell Banker Valley Brokers) will be here to talk about the Oregon Property Buyer Advisory and Seller Disclosure requirements.

Saturday, August 30 - To Be Determined

Upcoming Show topics that I'm working to put together for you:

1^st Time Home buyer - Down Payment Assistance programs

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. For more information, contact Dave at realestatetalk@kgal.com.

New Listing - EnergyStar/EarthAdvantage - Custom Built home in a Great Albany Neighborhood

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Tue, 29 Jul 2008 09:46:36 -0500

New Listing - Scravel Hill Rd in Albany - Priced WELL Below Market!

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 26 Jul 2008 19:51:46 -0500

Real Estate Talk Market Update for the Mid-Willamette Valley in Oregon (24 July 2008)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Thu, 24 Jul 2008 10:13:28 -0500

(1) "SOLD" statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) - 198
- Average price - $212,992
- Median Sale Price - $194,750
- Average Days on the Market - 124
- Average Dollar per Square Foot - $132.28
Current Active Listings - 486
- Average Price of Active Listings - $261,837
- Months of Inventory - 7.36

Corvallis

SOLD/Pending (past 90 days) - 154
- Average price - $295,835
- Median Sale Price - $271,000
- Average Days on the Market - 108
- Average Dollar per Square Foot - $166.53
Current Active Listings - 253
- Average Price of Active Listings - $343,488
- Months of Inventory - 4.93

Lebanon

SOLD/Pending (past 90 days) - 52
- Average price - $171,001
- Median Sale Price - $145,600
- Average Days on the Market - 93
- Average Dollar per Square Foot - $111.50
Current Active Listings - 181
- Average Price of Active Listings - $186,700
- Months of Inventory - 10.44

Last - Thursday, July 24. Monthly Real Estate Luncheon. Guests will include Ana Norlander (Windermere Willamette Valley); Kelly Gardner (Pinnacle Mortgage); and Brent Norlander (Wells Fargo). Our topic will be FreddieMac and FannieMae, and the current conditions in the lending environment. Let us help you sort out all the hype...and get the right information to make a good decision in today's real estate market.

Upcoming Guests Scheduled:

August

Saturday, August 2. Tentatively Scheduled-Polly Cappalo (Winderemere) - How to sell your home in a tough market. We'll be talking about creative marketing, home staging, effective pricing strategies, and giving sellers some insights into how to get that SOLD sign in the front yard.
Thursday, August 7 / Saturday, August 9. Roland Brower (State Farm Insurance) is scheduled to be the guest. Our topics will include home owners insurance, getting the binder during the purchase process, Flood insurance issues, and a general overview of what types of coverage you need. *Encore airing on 9 August.
Saturday, August 16 - Donna Jo Merrifield (Coldwell Banker Valley Brokers) Understanding the Earnest Money Agreement - what do all the clauses mean? How can you protect yourself and what you NEED to understand before you sign one (either as a buyer OR a seller).
Thursday, August 21 / Saturday, August 23 - To Be Determined
Saturday, August 30 - To Be Determined

Upcoming Show topics that I'm working to put together for you in August:

- 1^st Time Home buyer - Down Payment Assistance programs

Is "Crime Rate" a relative term when it comes to a community?

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Tue, 22 Jul 2008 16:35:52 -0500

I post on a couple of different on-line forums and have come upon the question about crime activity in my area more than once. I'd like to take a few moments of your time to address this issue here for those of you who may be considering the so-called "Meth Capital of the World" as your next home.

Meth Capital of the World! High Crime Rate! What the heck are you people talking about??? I've posted more than once about my peaceful little town of Albany, Oregon. Crime? Come on, I've lived in San Diego, Honolulu, and a couple of other 'major metropolitian cities' - crime here is NOTHING like there. I say that with a 100% straight-face, as a father of 2 daughters, and an active member of this community.

So, I'm sitting at a local restaurant one day when I see a guy I know who just happens to be a police officer. I ask him - "Jeff" I say, "I'm always hearing people say that Albany has a high crime rate...but I don't see it. What's the truth?" Jeff proceeds to tell me that the statistics are right and, even in in my neighborhood (his neighborhood too), there ARE meth houses right now. "You'd be surprised Dave"...and he shakes his head with a wry smile.

So, now I'm feeling a little like a liar - great, with people already distrusting Realtors! So, here's what I'd like to explain to everyone.

I love living in Oregon's mid-Willamtte Valley (Albany to be precise). I chose this place to raise my children - having lived in lots of other places, and having lots of other choices when I retired from the Navy, I chose HERE! This is a great little town with a huge sense of local community and solid schools with involved parents. There are all kinds here, farmers to industrialists, white trash to hoi polloi, rich and poor, urbane and educated, as well as 'never been out of Linn County and didn't finish high school.' But you know what, when I go to Fred Myers there is a nice lady at the checkout line who ALWAYS says "HI" to me and asks me how my day is going. When I go to CostCo on a Sunday, I can hardly get out of the place for running into people I know. The Boys and Girls Club auction raised 10's of thousands of dollars to support their excellent programs (of which my daughters have both participated) and my local Rotary Club supports local school dictionary programs and international clean water projects in Uganda.

Is there truth behind the statistics on the crime rate here? Well, I guess there is and now I know it. Am I faced with it every day? No! Would I choose to live anywhere else? Not today! To those of you who may have read my posts on other forums, defending and advocating Albany as a great place to live, I apologize if you thought I was just giving you more "Realtor-speak" but honestly, I was only giving you my honest and heartfelt opinion. Balance that opinion with the facts and I was possibly mistaken - but I never told a lie!

Would YOU Like to be on the Radio with Dave? Looking for 1st Time Home buyers

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Tue, 22 Jul 2008 13:26:28 -0500

Are you a first time home buyer?
**Would you like to be on Real Estate Talk and tell us about your experiences?

Real Estate Talk on 1580 KGAL is now taking applications for participants in the My First House Radio show. The applicant selected will work with Dave through the process of finding and buying their first home and spend time with him on the show each week talking about how things went - good and bad.

Once selected, you'll spend an entire show with Dave being introduced to the listeners of Real Estate Talk - we'll talk about getting you in the right financial position to maximize your home buying leverage, we'll get to understand what the perfect house for YOU is...and then we'll put the wheels in motion.

Each week thereafter, you'll either stop by the station or call in and give our listeners an update of how its going. Did we find the house? Did you write an offer? What were you confused about? How did the negotiations go? Did your offer get accepted - and how did it feel?

Our listeners will follow you and Dave through the entire process - and we'll be there cheering you on when you get your keys!

* We also have a local home inspector who is going to donate a Pest and Dry Rot Inspection! Yeah!

If you are interested in participating contact Dave at realestatetalk@kgal.com with your answers to these questions:

Have you EVER owned a home before?

Are you currently working with a Realtor to find a home?

Have you spoken with a local lender (bank, mortgage broker...) about pre-qualification or pre-approval?

If yes, who did you speak with?

Is it OK if we contact them to discuss your situation?

Will you be available on Saturday's (and the occasional Thursday) to give our listeners a 10 minute or so update on how things are going throughout the process?

If you are a couple - are both of you willing to participate in the radio show?

Please tell us in 500 words or less WHY you would like to participate.

New Segment on Real Estate Talk (1580 AM KGAL)

Dave Pautsch, REALTOR, CRS (RE/MAX Integrity) — Sat, 19 Jul 2008 17:06:17 -0500

I thought it would be fun to work with a first time home buyer through the entire process...and share it with my listeners on the air.

If you are thinking about buying your first home and would be willing to share your time and experiences with our listeners we're looking for YOU. I am now taking applications for participants. The winner will be selected and we'll be off and running on the radio.

The first show will be dedicated to you and your situation. We will talk (in general terms, we don't want to impact you personal private information) about your financial situation and what you need to do to get pre-qualified and pre-approved. We'll establish a general budget and find out what you want in a home.

Then, each week we'll spend about 10 minutes of each edition of Real Estate Talk talking with you about how things are going. You'll share your frustrations and your high points with our listeners, helping them to get a realistic view of the process. This weekly segment can be done easily over the phone OR in the studio.

If you're interested in participating - check out this link CLICK HERE for more information.