A small…ever so tiny…Whoo Hoo!

6.1% decline in the median home price 11% decline in the average home price 33% decline in the number of homes sold 9.5% increase in days on the market. Inventory:  13.9 months  Whoo Hoo!!! Why am I whoo-hoo-ing?   That is the best inventory number I have seen for Salem Oregon in a while.  Okay, okay…last…

Back to the beginning

Down payment assistance programs, lovingly called DAP’s by we in the real estate industry, were nixed as of Oct 2008.  Between asking sellers to pay for closing costs and then having the seller’s “gift” them down payment monies, many home buyers were getting into FHA home loans for nothing out of their pocket. The backlash…

Same ol’

Some of you may have heard that Zillow came out with their real estate market reports last week.  I’m just a wee bit slow in getting to this because I installed Google’s webmaster on my blog, and found so many broken links that are making my head spin… Must…fix…broken…link… Anyway…now that I have a plan…

Build ’em up and tear ’em down.

Bank foreclosures are nothing new, but in California things are so bad in some areas that the banks are starting to destroy some homes.  We clearly don’t have this problem in Salem Oregon. Our real estate market, while it has its issues, is far from destroying property. Here is a YouTube video that shows the…

Some minor changes…

Why is it that when you go to a conference you return home totally exhausted when you just sat there all day? I recently went to RE BarCamp in Portland. It’s a real estate techie kind of deal.  Anyway…they pulled my blog up on the screen and I got some feedback and will have some…