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…
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…
I think the regular readers of my blog are so with it in terms of the local home trends here in Salem Oregon, that I can just post these charts with no opinions attached, right? Say yes…I’m in the middle of beating Plants vs. Zombies on my iPad and I don’t want to have to…
The August real estate market sucked in Salem Oregon. That is an in-depth analysis for you, brought to you by yours truly, data geek extraordinaire. It took me hours to come up with that analysis, by the way. Hours. So what does a sucky real estate market look like in Salem Oregon? and… So what…
Really, this isn’t unexpected, is it? The real estate hangover You go to a party, drink way too much, and end up regretting it the next day. Many college students go through this unfortunate experience and it is how we learn our limits and how to make better choices for our bodies. The tax credit…
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…
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…
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…