real estate: Salem Oregon metro real estate market conditions
- 01/21/11 08:47 AM
Home prices in Salem Oregon In January 2009, I posted my predictions for real estate in Salem in 2010. My guess? Home prices would drop 5% in 2010. The reality? The average home price dropped 6.6% and the median shifted downward 6.1%. Pffft. I'm blaming the makers of Wheaties for not serving me breakfast in bed at a Holiday Inn Express. Had that occurred, I would have come up with that extra 1%, and I could amaze you all my great predictive powers. Alas, I merely had some green tea in Salem Oregon and we see where that landed me. Off … (11 comments)
real estate: Tie yourself to the mast
- 12/07/10 09:57 AM
This was originally posted on the Get Real Estate Blog. I'm starting to see why Odysseus tied himself to the mast. Temptation is just too great. Sitting at home in the comfort of your electric blue Snuggie, homemade hot cocoa brimming with mini-marshmallows by your side, you decide you need some help. You don't need no stinking expensive lawyers or real estate agents people that know a lot about real estate. Luring you online with the sweet persuasion, the Sirens forum calls to you...
"I'll give you the information you want for free, just tell me your secrets," it whispers. … (8 comments)
real estate: Salem Oregon 3rd Quarter real estate market report
- 10/16/10 11:43 AM
I think the regular readers of my blog are so with it in terms of the local home trends here in Salem Oregon, that I can just post these charts with no opinions attached, right? Say yes…I’m in the middle of beating Plants vs. Zombies on my iPad and I don’t want to have to stop to write up any kind of analysis here…
You think I jest, but I’m serious. Have you ever played Plants Vs. Zombies on your iPhone, computer, iPad? These cute little sunflowers happily spew out suns which you can use to grow other plants … (5 comments)
real estate: Hungover like a bad frat party...
- 08/19/10 07:32 AM
You go to a party, drink way too much, and end up regretting it the next day. No amount of Advil seems to solve the problem and you just suffer through it moaning and groaning on the couch until your body recovers. Eventually, your body processes all that crap you just poured into your body, your stomach starts to make gurgling sounds like it is okay to eat again, and your head stops throbbing as if personal jackhammers were inside. Many college students go through this unfortunate experience and it is how we learn our limits and how to make better … (19 comments)
real estate: Home Trends for Keizer Oregon 2nd Quarter 2010
- 07/15/10 03:01 PM
Keizer home price trends Well true to form, what goes up must come down. Thankfully for Keizerites, the correction seems to have come and gone for the most part. Keizer Oregon real estate has been pretty much flat-lined for a year. The second quarter statistics are continuing that same pattern. Inventory is running at 7.7 months right now, which is decent, but it would be nice to see it a bit lower. The average home price was down just a mere 1.5% from last year, and currently is $196,030.
Home sales in Keizer Oregon Keizer home sales were up, but … (4 comments)
real estate: Real estate market trends for Salem Oregon
- 07/10/10 07:55 PM
It's time to get seriously boring on you all and talk real estate market stats for Salem Oregon. The second quarter has ended so we have more data to work with to get a better feel for how things are trending. So how are things trending?
Salem Oregon Home Sales: Trending Up Last year has consistently been the worst year for homes sold in Salem Oregon. Home sales have gone up since last year and I do expect in terms of homes sold that2009 will be the worst year for sales volume. The large peaks are due to the tax … (2 comments)
real estate: Affordable real estate in South Salem Oregon
- 07/02/10 12:45 PM
Affordability is a relative concept. South Salem Oregon is not known for being the most affordable part of Salem. Good, solid schools are the attraction to living down south, and hence...the demand for real estate there. An inexpensive home and south Salem Oregon is often considered an oxymoron, but there are a few pockets down south where home buyers can find more affordable living. Skyline Village is a huge favorite for more affordable living. Part of this neighborhood sits in Schirle school district and it is an easy walk to the grocery store, or grab a lunch at Amadeus Cafe. Homes … (2 comments)
real estate: Salem Oregon real estate market report: May 2010
- 06/11/10 10:47 AM
Tax day has come and gone, and with it...real estate season in Salem Oregon has begun. Now, that is the normal real estate season, which will be funky this year due to the tax credit. We should have two more months of really good sales numbers and then we should see a bit of a drop. Even if we drop, I still think it will be an improvement over last year's sales numbers...which were beyond dismal. So my prediction will be sales will be up and prices will be down for the next few months.
May was up 24%, … (2 comments)
real estate: A little bit of country...in the city
- 02/18/10 02:43 PM
The sound of birds chirping...a large canopy overhead...nestled in the woods, you feel like you should grab some bread crumbs just in case you need to leave a trail. Then you start looking at the price of wooded land in the Salem Oregon area and realize that you can't afford that. Urban growth boundaries have their price. So you move on to the next best thing...neighborhoods in the city that will give you that nestled in the woods feeling.
If you want the feel of being nestled in a forest, but can't afford the cost of land in order to … (3 comments)
real estate: Walkable Neighborhoods in Salem Oregon
- 01/17/10 10:36 AM
The latest thing in real estate...walkable neighborhoods. There is even a very cool website Walkscore that talks about how walkable a neighborhood is. Buyers looking for walkable neighborhoods...you know who you are. You want to saunter out the front door down the street for your daily "vanilla mocha with soy" wake-me-up, stroll off to work, then grab groceries on your way home for dinner. Maybe the next day you decide to skip making dinner and head right to one of the local restaurants for some burgers and local micro-brew. If you think using your car is just for the hefty trip … (4 comments)
real estate: Foreclosures and Short Sales in Salem Oregon: 2009 in review
- 01/12/10 04:49 AM
I would love to stop talking about foreclosures, personally. It would mean that Salemites are no longer under financial duress, but unfortunately with our current employment problems this will probably be an issue for a while. Salem Oregon Foreclosure Rates I don't think you need to be a Salem Oregon real estate agent to know that foreclosures have gone up in our area. Most of my buyers in 2009 purchased a foreclosed property. This chart shows notice of defaults that were served in Salem Oregon in 2009, according to Fidelity National Title Co. They started climbing in the second quarter and … (3 comments)
real estate: Salem Oregon Real Estate Market Report for 2009
- 01/09/10 02:34 PM
With the decade coming to an end, so comes the massive amount of work involved in looking at real estate data. For those of you bored to tears with real estate market reports, just mosey on along and check back at my blog in about two weeks. It will two weeks of loads of data at this blog. So for you data geeks...I forge on!
The average home price dropped 9.1% over last year and the median shifted downward 9.0%. This was a good thing for the Salem Oregon real estate market as our inventories dropped as well. Read … (0 comments)
real estate: Upscale Neighborhoods in Keizer Oregon
- 01/09/10 12:40 PM
Keizer Oregon, for its small size, has some really nice elegant homes and neighborhoods. If you like elegant neighborhoods then these are ones to consider in your home buying search.
Lake Front Living Inland Shores Homes in Keizer Oregon-For home buyers wanting access to a private lake and an upscale neighborhood, Inland Shores is the neighborhood for you.
Golf Club Communities McNary Estates Homes in Keizer Oregon-If you want to be able to drive your golf cart down the street, then McNary Estates is where you want to be.
Established Neighborhoods Cedar Real Estate in Keizer Oregon -Cedar … (0 comments)
Upscale home buyers. You know who you are. Custom granite, quartz, slate, travertine, hardwoods, spa tub...those words are music to your ears.
Salem Oregon has some nice neighborhoods for upscale home buyers. Most of the neighborhoods have CC&R's (Conditions, Covenants, and Restrictions) and some had HOA fees as well. So if you are looking for an upscale neighborhood with elegant homes in Salem Oregon, these communities might be just what you are looking for.
Golf Club Neighborhoods-For those of you home buyers that want to take the golf cart out the front door, these neighborhoods … (0 comments)
real estate: Historic Homes in Salem Oregon
- 12/22/09 01:50 PM
There are old home buyers and there are new home buyers. New home buyers cringe at the thought of the old wooden windows rattling in the house, hold their shirts over their noses at the thought of lead paint in the house, and think "money pit" when they see an old house. Old home buyers see the incredible mill work and know that it would cost $50,000 to replicate that kind of craftsmanship today. They get lost in the arches, glass door knobs, and built-ins and think "they don't build them like they used to." If you are an old home … (6 comments)
real estate: Keizer Oregon Real Estate Market Report Oct 2009
- 11/19/09 05:35 AM
The Keizer Oregon real estate market has been one of the most stable markets in the Salem metro area for most of the year. While it has had it’s woes, really that market seems to have corrected for the most part.
Keizer Oregon real estate inventory
Inventory, which is an important statistic in the world of real estate, is a gauge of the supply and demand in an individual market. The more in line these are, the healthier that real estate market. You can see that the huge spike in inventory at the start of the year has steadily … (0 comments)
real estate: Salem Oregon Real Estate Market Update: Oct 2009
- 11/14/09 12:44 PM
So do you want the good news, the good news, or the good news first... You pick the good news? Cool. It's no secret to Salem Oregon real estate agents that October was busy. We all had to figure out how to get out of pajamas and actually write contracts last month.
The good news...median home price was down (I know I'm weird that I think that is good news) The good news...Salem Oregon homes sales were up 31% over last October The good news...the current home inventory as I write is 6.1 months for Salem Oregon. Read more … (5 comments)
real estate: Unique Buildings of the World
- 10/23/09 05:15 AM
I was pointed to this blog the other day and as a real estate agent, I appreciate architecture. I strongly suggest when you have a few minutes you head over and look at these photos. The title of the post... 50 Strange Buildings of the World, oh...and there is a Part II and Part III. Here is a taste of what you will see. Image courtesy of Jonathan Moreau Seriously, check out this post. Just plain cool. … (9 comments)
real estate: Fall in Salem Oregon
- 09/27/09 06:15 AM
I was walking home with my kids from school the other day and my daughter looked up and saw the first oak leaves turning yellow on a tree on the street. “It’s autumn,” she said. I love fall because I think of warm potato soup with homemade french bread, apple muffins, and pear bread. Fall is that perfect time when you get some cool weather, have a steaming cup of hot cider, and feel your body warm to the touch. I have blogged about Bauman Farms which has the best family harvest festival in the area, in my opinion. But we … (5 comments)
real estate: Salem Oregon area real estate market reports
- 09/13/09 05:19 AM
As summer is coming to a close, and school back in session, the local real estate markets are headed for the "last hurrah" before the holidays hit and the markets die. The local markets are heading in the right direction, but still have a ways to go. You can read about the Salem Oregon real estate market Keizer Oregon real estate market Silverton Oregon real estate market and then call me when you are ready to jump into the market as a buyer, or ready to sell your home.
Neighborhood real estate at its best delivered to you by a Principal Broker licensed in the state of Oregon. Get a peek into my inner data geek with my extensive Salem Oregon real estate trending graphs, or stick around to see if my sarcastic wit rears its ugly head. Either way, read, hopefully enjoy and find it helpful, then you know the drill...call/email/tweet me for help with your real estate needs.
Home prices in Salem Oregon In January 2009, I posted my predictions for real estate in Salem in 2010. My guess? Home prices would drop 5% in 2010. The reality? The average home price dropped 6.6% and the median shifted downward 6.1%. Pffft. I'm blaming the makers of Wheaties for not serving me breakfast in bed at a Holiday Inn Express. Had that occurred, I would have come up with that extra 1%, and I could amaze you all my great predictive powers. Alas, I merely had some green tea in Salem Oregon and we see where that landed me.
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