I recently read an article in the Portland Business Journal about the spike in foreclosures in Oregon. As I read it, I was dumbfounded by the statistics they quoted. Most of you know that I track and have written about our Salem Oregon area foreclosures on several occasions. In the article it stated: Salem ranked…
“I need good highway access.” Sometimes families move to Salem Oregon but one person commutes to another area. They want to live down south, but want quick access to the highway in order to cut down commute times. If that is the case for you, then Foxhaven Estates might be a possible choice for your…
One of the reasons many people choose to move to Oregon is because of our many natural areas. There is no lack of trees in Oregon and the Salem Oregon area has its fair share of great local parks. North Fork Park is just one great area. Located close to Mill City, this park is…
Monmouth Oregon has had a steady track record during the bust that has occurred all around. Currently, Monmouth has 5.3 months of inventory which puts it squarely in a neutral market. While real estate inventories climbed in Salem, Monmouth barely blipped. So where is the 2nd quarter lead us? The median home price has dropped…
The Asher Anderson Waterpark opened on July 4, 2009 at Riverfront Park here in Salem Oregon. We hadn’t been to it yet, and it was hot yesterday so we headed out to go check it out. It is located toward the north end of the park nearby the Willamette Queen and the amphitheatre. The splash…
Independence Oregon was slated to be the next bedroom community during the real estate boom. With home prices in Silverton skyrocketing, Independence was the new target with it’s close proximity to Salem. New subdivisions went in and home prices jumped. Despite the jump, a home in Independence was still significantly cheaper than other outlying Salem…
I need some clients who have money to burn on really expensive houses in Salem Oregon so I can make some more money…know anyone? See my problem is that I went to the Salem Art Fair, like I have every year since we moved to Salem ten years ago. This is a problem because it…
I wrote a post about our rise in foreclosure notices here in Salem Oregon. I know many of the recent folks getting notice of defaults now were folks with good credit that have been laid off due to the recession. Finding a job in the Salem Oregon area is very difficult right now and many…
I ran the real estate market reports for our local Salem metro area, Marion county cities, and will run Polk counties as well. With the recent news that Oregon held at 12.2% unemployment, I wanted to go ahead and write a new foreclosure post. You don’t have to be a statistician to see the trending. …
Jefferson Oregon was late to the building party, but it did have quite a bit of new home construction that occurred there as real estate land prices skyrocketed in south Salem. So what we saw in Jefferson was a normal neutral real estate market, and then builders started there in 2006. A splurge of home…
