Essay Contest Fails to Sell the House

A few months ago I wrote a blog about the essay contest happening for a home in Yachats. I recently thought about it, and decided to look up to see what happened. The holders of the contest were unable to make their required 3,000 entries in order to have the contest, after pushing out the…

Competitive Realtor Analysis?

I read a blog today by Frank Llosa who coined the term CRA- Comparative Realtor Analysis. Most people know about CMA’s-those Comparative/Competitive Market Analysis that we do for clients. I liked the term because I have done what he was talking about in his blog before. What Frank talks about is looking at how an…

To the woods…Ironwood Estates in Salem Oregon

View Larger Map Mostly built in the 1970’s and 1980’s, the homes in Ironwood Estates are well maintained. One of the nice aspects of the neighborhood is that there is a variety of architecture within it’s confines. While it is mostly traditional styles, the variety makes it feel more neighborly. Some of the attracting features…

Don’t forget to budget

It’s been all over our news. Natural gas prices are going up, and I mean going up. For those of you just starting to think about home purchase and enamored with those large 3,000 sq foot homes, you might want to recalculate your budget. For NW Natural Gas customers, it could be a 35% to…

West Hills Estates in Salem Oregon

View Larger Map Prestige. West Hills estates is one of those neighborhoods that has a prestigious reputation within the community. Located in Polk county, West Hills Estates is located off of Orchard Heights Rd. Most of the phases were built in the early 1990’s with some newer construction occurring on vacant lots today. There were…

Salem Oregon Regional Market Data June 2008

Here are the regional stats for our Salem housing market for June. The MLS tracks 6 regions here in Salem. These stats are for single family units which includes condos. Central Salem Average Sold Price: $160,458 Median Sold Price: $150,000 Average DOM: 111 Current Inventory: 8.0 months Suburban E Salem/North (Jan Ree, Haysville, etc) Average…