A series of posts about Marion county real estate market conditions.
Keizer home price trends Well true to form, what goes up must come down. Thankfully for Keizerites, the correction seems to have come and gone for the most part. Keizer Oregon real estate has been pretty much flat-lined for a year. The second-quarter statistics are continuing that same pattern. Inventory is running at 7.7 months…
Recently the Statesman Journal and Salem-News.com spread the word that foreclosures in Salem Oregon had increased. They used CoreLogic as their source of data and they are reporting an increase for Salem. I disagree with their presentation of the data and here is why… Interpreting the foreclosure data First of all CoreLogic and I look…
Well June is over and you’d think that we’d have sun in Oregon by now, but it is seriously cool outside as I am writing this post. Typically I get to write my summer blogs outside soaking up my year’s worth of Vitamin D, but today…wearing polar fleece in my office. Since this is a…
Of all the local mini-real estate markets in the Salem Oregon area, I’ve long talked about how Keizer was not as hard hit or as bad as some of the others, including Salem. This continues to be true and in fact Keizer saw a small pop in median home price this month over last year’s…
Tax day has come and gone, and with it…real estate season in Salem Oregon has begun. Now, that is the normal real estate season, which will be funky this year due to the tax credit. We should have two more months of really good sales numbers and then we should see a bit of a…
10.9 months. That’s the current inventory level for the Keizer Oregon real estate market. Like the spike in the Salem market, Keizer saw a big jump as sellers put their homes on the market for the tax credit. Inventory is up since last month, but what I would expect to happen is that fewer than…
The tax credit is over, except for our military personnel that have been overseas, so we are on unsupported territory from here on out in the world of real estate. I’m totally fine with that. I say let’s start creeping our way out of this mess. We really won’t have a gauge on what is…
Negative numbers often conjure up negative images for me. -40 degrees…means you are freezing your hiney off in some insanely cold part of the country. -$50 means you just bounced a check at the local grocery store. You know sometimes a negative number is a good thing…. -10 pounds…there aren’t too many people in the…
Home prices up? What? I have to say I was a bit surprised when I ran the real estate numbers this month for Keizer because the average and median home price ticked up. Yep. I said it. Up. I know my regular readers would never believe I would say anything positive about real estate in…
Salem Oregon real estate market and home trends. Well, we are in the throws of a crazy spring as the tax credit eligibility ends here in just a couple of weeks. As such buyers have been out much earlier than usual trying to take advantage of the tax credit. So what did this dynamic do…