Warrenton, Oregon - Year To Date Sales, 2009

Real Estate Agent with RE/MAX River & Sea

Warrenton remains the land of opportunity.  Economic growth is concentrated in this marketplace as we anxiously await the opening of the biggest Costco ever.  One cannot fathom the introduction of such retail giants as Wal-Mart & Big 5 coming to our area.  The growth is welcomed as it brings employment opportunities to our needy area. 

That being said, Warrenton remains the land of affordable homes.  New home construction has been the driver as first time homebuyers enter the market.  One needs to look only at the Warrenton market for evidence of impact of the governmental First Time Home Buyers Tax Credit.  I believe with great confidence that Warrenton is the place to invest for future dividends in the real estate market.  Consistent with other cities in our county, sales are concentrated in the $ 200-250k price range.  Let's hope that the addition of the "move up" clause that was just added to the First Time Home Buyer's Tax Credit will stimulate upper tier sales.

One note, the two existing sales are attributed to property sold in the gated community of Surf Pines, that reflects a Warrenton address.

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