I have to say I’m surprised. BUT I’ll take that! Last year I predicted a 10% drop in home prices in Silverton Oregon as the supply and demand was so disconnected I really felt the downward pressure would be too great. Silverton real estate has some good news in that regard. The average home price…
I’ve been busy working and playing at North Fork Park rather than doing my quarterly real estate market reports, so I’m a bit behind…So for those of you waiting for these, my apologies…now onward! Silverton Oregon home sales Finally seeing home sales rise in Silverton. Like the other Salem metro cities, sales stunk in 2009. …
With the kind of ugly nature of the Silverton Oregon real estate market for 2008 and 2009, its not surprising that foreclosures are up a lot here. Silverton Oregon Foreclosure Rates This chart shows notice of defaults that were served in Silverton Oregon in 2009, according to Fidelity National Title Co. In Silverton Oregon, there…
The Silverton Oregon real estate market has been one of the unhealthier real estate markets in the Salem metro area for a while now. While this is still the case, it has made some steps towards improvement and correcting. It still has a ways to go, but at least the trend is pointing in the…