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.

Information Overload

I don’t know about you all, but my head is spinning. Good bailout, bad bailout, your fault, my fault, their fault… Status of the financial markets is important to real estate. Clearly if there is no credit, then there are no loans, which means no buyers, and sellers can’t sell. As such, I have been…

Make sure you don’t get stung

Remodeling… You start a project and then realize you are in way over your head. Ugh…time to find a contractor to help. Ask a friend… “Yeah, I know so and so, he’ll cut you a deal. He’s cheap.” After spending a ton of money trying to make the project work, cheap sounds good. The problem….illegal…

Could you chisel that in stone?

Earlier this year I got my tablet PC. My goal: paperless transactions. I’ve had a learning curve with it, but have it figured out now. I like it. Today, after having my clients sign on my PC, I emailed the offer right off to the other agent. I have registered email attached to all of…

Introverted but Agreeable…

The University of Cambridge came out with a study a little over a week ago, where they looked at personality traits by state. They wanted to see if different regions had different personalities. This makes some sense to me. I mean people that live in Oregon and Washington tend to want to want be in…

Crummy real estate agents

Crummy real estate agents. You may have had one, or you know someone that did. US News & World Report wrote an article about how to tell if your agent is a crummy agent. There wasn’t anything particularly new about the information, but I am surprised at how many people hire crummy agents. 1) Communication-if…

The bumpy ride continues.

The federal takeover of Fannie Mae and Freddie Mac has been all over the news. Unless you have been on vacation for the past week, I’m sure you at least read some blurb about this. What does that mean for us here in Salem Oregon? We are just one of the many that will be…

First time Homebuyer Tax Credit

Travis Newton, a local Salem area mortgage broker, emailed me this nice little chart with the information about the Tax Credit. It was nice and simple, so I thought I would share it with you. Feature : H.R. 3221 Housing and Economic Recovery Act of 2008 Amount of Credit: 10% of the cost of the…