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.

Countrywide being investigated

Reuters is reporting that Countrywide is being investigated by the FBI. Here is a link to the Reuters article. http://biz.yahoo.com/rb/080309/countrywide_inquiry.html?.v=1 Several states have already launched investigations against some appraisers, and so it is not surprise that lenders are going to be investigated for the housing mess as well. With lenders having lax practices, investors purchased…

Chatnika Heights Neighborhood in Salem Oregon

Located on the West side of Salem (ie across the river in Polk County), Chatnika Heights is a combination of homes built in the 1960’s to homes built until the past decade. As a result, a wide range of architectural styles fills this neighborhood. Tri-levels, ranches, traditional two story homes, and the occasional contemporary style…

FHA loan limits increase

FHA has been revising its loan limits across the country, which is good news for many potential home buyers. The loan limits are different for each county in the United States depending on real estate costs. With 100% financing become very difficult, many people with excellent paying jobs, but not enough for a large down…

Well Water Quality in Oregon

I was recently asked about arsenic streaks in my area. Arsenic is a natural element that occurs in soil and rocks. Most people hear the word arsenic and immediately become concerned. I work with a lot of buyers purchasing small acreage properties here in Salem, Oregon so am familiar with well testing. In Oregon, the…

Arts and Crafts Style in Salem Oregon

Many new construction homes here in Salem Oregon are referred to as Craftsman. Some have elements of the Arts and Crafts movement (AKA Craftsman), but most are not Craftsman homes. When talking about Craftsman homes, most people think of the Craftsman Bungalow, but a Craftsman doesn’t have to be a bungalow and not all bungalows…