If you are looking for real estate in Salem Oregon and want to live in a stable neighborhood, Woodscape might be a good choice for you. Now Woodscape is actually three separate sections, Woodscape, Woodscape Glen, and the newest part, Woodscape Green. Homes in the original part of Woodscape were built in the 1970’s and…
With the words short sale and foreclosure being batted about and a first time home buyer tax credit, buyers have been emailing me and asking how to purchase real estate here in Salem Oregon. Typically it is a fairly straightforward process. First, you need to talk with a local lender to see what you qualify…
The Wall Street Journal had an article recently about the increase in lending guidelines for purchasing a condo. Now, normally you wouldn’t think that would be such a big deal here in Salem Oregon because we don’t have a lot of condos, but…here is what the article stated. The government-backed mortgage-finance company stopped guaranteeing mortgages…
This is a really good video for buyers considering purchasing a house this year and hoping to use the tax credit. Here are the yes’s and no situations about who qualifies.
With the Madoff Ponzi scheme, mortgage fraud, and it seems pretty much any fraud you can think of running amok in our nation, I guess it comes as no surprise that someone is trying to deal with it. In Cook County Illinois home sellers are going to be required to fingerprint their right thumb as…
In case you didn’t hear…not sure why you would hear all the way here in Salem Oregon…a South Carolina real estate agent was caught on tape trashing a competitor’s real estate signs. A SC real estate agent, Mullen, had been having problems for months with his signs being stolen and vandalized. Setting up a “sting”…
With the turn of the market, these smaller Salem Metro area towns are not experiencing enough home sales to do any meaningful analysis since the numbers are so low. I’ll give them to you just as a reference to where things are currently, but an analysis with 1-3 sales can’t be done. Dallas: 30 day…
With the turn of the market, these smaller Salem Metro area towns are not experiencing enough home sales to do any meaningful analysis since the numbers are so low. I’ll give them to you just as a reference to where things are currently, but an analysis of 0 or 2 can’t be done. Stayton: 30…
Forget about the golden rule… I mean Oregon unemployment is at 9.9% and that doesn’t include February’s ugly numbers…Homeless shelters, food banks, churches are being pushed to the extremes with many families struggling to make ends meet. So with all of this cheery news out there, what do we see for troubled folks… Scams…yep here…
Silverton had massive overbuilding for such a small community. With the loss of some jobs there, the Silverton real estate market is really suffering right now. 30 day absorption rate: 4 Inventory: 27 months Average Price: $221,825 Median Price: $225,150 DOM: 208 Silverton started the 2009 year with 35 months of inventory. The drop to…