A series of posts about Marion county real estate market conditions.

Salem Oregon 3rd Quarter 2008 Market Reports

Time for stats reports…forget going for a massage, manicure, or game of pick up ball at the gym. Real estate market stats are totally exciting! Here is where our local markets currently stand. Here is what is occurring in the city of Salem Oregon in real estate… Average Sales price: Well…you may remember me saying…

Housing starts correcting

Big Surprise? Of course not. Housing starts are down 48% from July 2008 over July 2007. Thank goodness. I’d hate to think that builders were continuing to overbuild. I have seen a few new construction homes that have gone into foreclosure and some local builders that have teetered on the edge renting new construction home…