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

What year are you at?

The talk around the real estate water cooler is pretty basic…”so what year are you at?”  Some cities are at 2001-2002 pricing, thankfully Keizer Oregon is not.  Real estate in Keizer took a header off the diving board in 2009 landing in a nice belly flop in 2010. The chart is pretty clear that the…

Heading in the right direction.

Foreclosures going up.  Foreclosures going down. What to believe? My advice?  Don’t read the national media stuff regarding foreclosures.  What matters is what is happening here locally in Salem Oregon.  So, what’s happening? Salem Oregon Foreclosures In 2010, the amount of notice of defaults filed with the county clerk’s office dropped by 8.7% over 2009. …

So close…

So close… You all will cut me some slack, won’t you? Home prices in Salem Oregon In January 2009,  I posted my predictions for real estate in Salem in 2010.  My guess?  Home prices would drop 5% in 2010.  The reality?  The average home price dropped 6.6% and the median shifted downward 6.1%.   Pffft.  I’m…

Winding down…

This is the last monthly Salem real estate market update I’ll do this year since I will look at the year-end statistics in January.   I’ll just give you a quick update of the market since we’ll be looking at this more in-depth soon.   The median and average home prices were down just a tad in…

The last bastion struggles

The Keizer Oregon real estate market Keizer had been one of the best markets here locally…best, being a subjective term mind you.  The inventory in Keizer which had been pretty consistently in the 6-9 month range for past of the past couple of years started to spike this year and that spike has continued.  As…

Not looking too good…

Stayton Real Estate Prices I wrote six months ago that I fully expected Stayton real estate home prices to continue to drop. That didn’t happen this quarter, but quite frankly I don’t see how prices can’t go down.  Back in January, Stayton had 36 months of inventory.  Right now, it has 33.  Pretty much none of…