Salem Oregon Real Estate

The real estate market in the Salem metro area is varied and the agents at Tomson Burnham, llc can help sort all of that out for you.

Imaginary Profit

Just today I was out with a buyer looking at a home they liked. What they didn’t like was the price. The homeowners purchased the home 12 years ago. I won’t go into details as my buyers like the home, but at the current asking price the sellers would make a 186% profit on the…

To Buy or Not To Buy

I’m being asked a lot lately about whether or not buying a house right now makes sense, or should you wait until Spring as prices continue to drop. That depends… Yes, the projections are and the local Salem market trend is, that seller’s are continuing to lower their prices as inventory climbs. There are 31%…

Lowest Equitable Price??

I have my ABR and in reading the September/October issue of The Real Estate Professional, I found something that I HAD to talk about. Bruce Benham, the CEO of Re/MAX International, writes an article called “Become Their Trusted Expert.” In the article he talks about helping buyers set attainable goals. He writes, “Once your buyers…

Selling in a buyer’s market

Seller’s are finally starting to understand the nature of the current real estate market here in Salem. Oregon has not been as hard hit as other parts of the country, but make sure your expectations are appropriate. What do you need to know? Real estate is about supply and demand. It’s that simple. The more…

Escape to the Country?

Salem Oregon seems to be having a recent rash of people wanting to retire here. I have several clients that are looking for that retirement property right now. After the hustle and bustle of living in a city, the number one request is to get away from it all. Well…this is easier said than done…