Well, we get it.... Times are tough.... Banks aren't lending.... Investor confidence is at an all time low....
But let's remember that what has made Salem Oregon a strong market over the last several years is the simple fact that our population is growing rapidly. People love Oregon. And our pricing is still afordable in relation to other markets.
One thing I love about real estate is the seasonal aspect of it. People tend to hole up for the winter and hibernate through the cold months, and then once Spring starts thawing things out, so too investor confidence is renewed. One consideration is that the down market has coincided with the winter months. I truly believe that Obama's new vision, the changing seasons, and the undeniable growth of the North West will buoy our market and get us back on track.
Comments(1)