This is a series of blog posts about real estate in Salem Oregon written by Melina Tomson of Tomson Burnham, a small boutique real estate brokerage in Salem Oregon. The blog has articles about local real estate market conditions from Salem, Keizer, Independence, Monmouth, Dallas, Stayton, Aumsville and Silverton.
The blog covers topics from market conditions to happenings inside the real estate industry that might impact consumers to new technologies that are housing-related. Community information for home buyers looking to relocate to Salem is also housed in our blog as we discuss our local favorites.
Salem: The City of Almost Love! Big news, Salemites! According to WalletHub’s latest singles scene ranking, our charming city has landed a respectable 67th place out of 182 cities. That’s right—we’re not exactly Portland or Seattle, but hey, we’re far from the bottom of the barrel (looking at you, Brownsville, TX, at #182 👀). So,…
When we hear about tariffs in the news, it’s easy to think they only affect international trade and big corporations. But if you’re in the market for a new home, you might wonder: how do these policies impact home prices? Let’s break it down, starting with some key facts from the National Association of Home…
You say you are okay with a fixer? Ah, the allure of acreage property in the mid-valley: wide-open spaces, fresh air, and a dreamy spot to call your own. But let’s be real—it’s not all sunshine and scenic views. When our client (we’ll call her Sarah) fell in love with a “charming” fixer-upper, we knew…
The class action settlement: It’s impact on buyers and sellers In our 2023 year-end summary, we discussed the class action lawsuit and its potential impact on consumers. Since then, the real estate industry has seen significant developments, with the trade organization the National Association of REALTORS® (NAR) agreeing to a large settlement and implementing…
Buyer Closing Costs You are ready. You have been watching house hunter on HGTV and stalking Redfin and Zillow in your spare time “for fun.” You’ve been browsing refrigerators. You’ve been looking at dining room sets. You even have a new espresso machine picked out that would go perfectly in the corner of your new-to-be…
What would you pay for a buyer agent? All industries have systems that have evolved over time for a certain workflow. Sometimes these flows make sense to consumers and sometimes they don’t. Most consumers don’t spend a lot of time following real estate events and more specifically lawsuits. Right now, there are several lawsuits, one…
3D Printed Homes in Oregon? The first 3D printed homes were completed, put up for sale, and sold. 34 Millbrook Ln in Riverhead, NY was the first 3D printed home that was made to sell. The house was made with concrete walls and the exterior was printed in about 48 hours. Now, ICON and Lennar…
Ways to sell without being homeless The real estate market in the Salem metro area is hot. With about a half of month of inventory (how long it takes to sell every home on the market), sellers are often leery of placing their homes on the market. Selling a home in a hot market often…
Buying in a strong seller’s market I get it. You are feeling gouged. The market so strongly favors sellers that you can’t help but feel it is grossly unfair. Buying in a strong seller’s market might feel like your hard-earned money being thrown away due to bidding wars. I am not without empathy for those…
