A series of posts about Marion county real estate market conditions.
Last month I talked about that the Salem Oregon real estate market appeared to be entering the skid phase. Unlike optimists who think some kind of v bounce will occur, I think a skid with essentially no appreciation in home values is more likely. September marked the end of the 3rd quarter. The nice thing…
Silverton Oregon real estate…what’s going on? Silverton has probably been one of the local Salem Oregon area real estate markets that has struggled the most. Where Keizer is almost at a normal state, Silverton continues to struggle coming down to reality. Why do I say this? I mean the numbers are definitely looking better for…
I’ve talked about Keizer a lot. It was a bastion of sanity while the rest of the Salem Oregon real estate markets were going in the toilet. Keizer flat lined and then plunged, but still remained some semblance of decency during it’s drop. Keizer did what I think most of the Salem Oregon area real…
I’ve been a bit slow on the blogging front these past couple of weeks. Between a needed vacation, actually working with real people, and school starting, there hasn’t been a lot of time to blog about our local Salem Oregon real estate market. The good news for all 4 of my dear local readers is…
If you read any local real estate blogs all of them have been talking about and linking to the Forbes article that named Salem Oregon one of the top 10 real estate markets best primed for a recovery. Salem Oregon was named #4. The criteria used for their top 10 list was an uptick in…
I’m the anti-pack rat. Every year I go through my stuff and take inventory, if I haven’t used it in two years (with some exceptions) it needs to be sold or go to goodwill. You’d think my house would be amazingly clean and clutter free, but it’s amazing how much junk kids can collect…I’ve got…
Monmouth Oregon has had a steady track record during the bust that has occurred all around. Currently, Monmouth has 5.3 months of inventory which puts it squarely in a neutral market. While real estate inventories climbed in Salem, Monmouth barely blipped. So where is the 2nd quarter lead us? The median home price has dropped…
Independence Oregon was slated to be the next bedroom community during the real estate boom. With home prices in Silverton skyrocketing, Independence was the new target with it’s close proximity to Salem. New subdivisions went in and home prices jumped. Despite the jump, a home in Independence was still significantly cheaper than other outlying Salem…
Jefferson Oregon was late to the building party, but it did have quite a bit of new home construction that occurred there as real estate land prices skyrocketed in south Salem. So what we saw in Jefferson was a normal neutral real estate market, and then builders started there in 2006. A splurge of home…
Apparently, Aumsville Oregon missed the real estate memo letting them know that the market stinks everywhere. Really it is supposed to be horrible everywhere per the media. This small town seems confused because their current inventory is a mere 3.8 months. Apparently, no one sent, or those Aumsvillians? Aumsvillites? didn’t read it because 3.85 months…