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Real Estate Talk Market Update for 29 November 2008 (Albany, Lebanon, Corvallis Oregon)

By
Real Estate Agent with RE/MAX Integrity

(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) - 158
    • Average price - $183,750
    • Median Sale Price - $192,000
    • Average Days on the Market - 128
    • Average Dollar per Square Foot - $124.09
  • Current Active Listings - 435
    • Average Price of Active Listings - $241,469
    • Months of Inventory - 7.63

Corvallis

  • SOLD/Pending (past 90 days) - 113
    • Average price - $260,425
    • Median Sale Price - $252,000
    • Average Days on the Market - 104
    • Average Dollar per Square Foot - $168.86
  • Current Active Listings - 227
    • Average Price of Active Listings - $328,501
    • Months of Inventory - 4.97

Lebanon

  • SOLD/Pending (past 90 days) - 43
    • Average price - $117,283
    • Median Sale Price - $138,200
    • Average Days on the Market - 112
    • Average Dollar per Square Foot - $111.85
  • Current Active Listings - 153
    • Average Price of Active Listings - $179,000
    • Months of Inventory - 9.00

Last show:   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.

Upcoming Guests Scheduled:

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

     December  13 - Real Estate Roundtable (guests TBD)

     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.

Fred Chamberlin
Guild Mortgage Co - Oak Harbor WA - Oak Harbor, WA
Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant

Dave - I am definitely looking forward to next week. Have some real tough questions, so I can say I don't know. LOL

Nov 29, 2008 09:52 AM
Dave Pautsch
RE/MAX Integrity - Albany, OR
REALTOR, CRS

Fred,

Think of it more like you'll be teaching our listeners (and me) about the subject rather than me wearing suspenders and pretending to be Larry King.  The whole goal is to educate our audience and you are by FAR the expert on this subject so I'll be getting an education as well.

Can't wait to meet you in person.

All the best,

Dave

Nov 29, 2008 02:25 PM