January 2017 Salem Real Estate NEWS

Listings are still down..-19% from last year January 2017 Real Estate News: In one word HOT for Sellers NOT so much for Buyers. there were 866 new listings that came on the market and a total of 2519 listings available. In the month of January 2016 there were 985 new listings that came on the market and a total of 3121 on the market. That is a 19% decrease in listings available this year over last year at the same time. Inventory level 3.2 months of inventory In January 2017, there were 768 closed sales. With … [Read more...]

Buyers struggle is real!

It is getting very difficult for Home Buyers these days.  Our days on market in Salem are around 90 and if you consider the time that lending is taking these homes are really under contract with in 30 days. Frustrating doesn't even begin to explain the buyers current process.  With the technology we have for home search for buyers they are seeing homes if they are on a website that feeds directly from the MLS (not all do) they call we rush out to see it.  We write the best offer we can for our buyer clients, … [Read more...]

Luxury home with insane outdoor living! Creekside Golf Course – Salem, OR

  Custom Luxury Home Check out this amazing custom-built by Stanko Construction.  Located on the south hill overlooking the Creekside Golf Course at 688 Sahalee Dr S in Salem Oregon.  This home is so cool from the iPads on the wall that run everything from the fireplaces to the TV's and everything in between. even the 47" on the patio!  The tech in this house is awesome..  You can watch the camera's from your iPhone, you can turn on fireplaces from your phone and crank up the tunes.. It's crazy. Let's … [Read more...]

June 2016 Real Estate Market Update

Crazy days in Salem! Lots going in Salem this time of year.  Weather is heating up, the River Rock Concert Series is in full swing and the selling season is among us.  As everyone knows pretty much the entire country is in a hot sellers market.  Portland is crazy with I believe less than with homes being on the market for less than 30 days.   Our market isn't that crazy but in some price ranges we are seeing multiple offers, bidding wars and escalation clauses. (Those are a lot of fun to deal with) The … [Read more...]

SalemListed’s Sept ’15 Real Estate Market Report Salem Or

Market Overview Market is definitely turned towards a "sellers market" w/ only 4 months of inventory and days on market under 90 days sellers are finally feeling some confidence.  Homes that are priced right are moving quickly. Through September 2015 In the month of September 2015, there were 1181 new listings that came on the market and a total of 4014 listings available. In the month of September 2014 there were 1108 new listings that came on the market and a total of 5051 on the market. This is a 20% decrease … [Read more...]

Great new listing on Hoyt St in South Salem

Immaculate home built in the roaring 20’s is move in ready. This well maintained home has all new windows along with hybrid furnace and a/c. Hardwood floors, fireplace and newly added sunroom w/ travertine floors and great natural light. Updated kitchen. Dining Rm w/ built ins. 4th bed on main floor could be office. Bathrooms have been updated as well. Deck off Master Bedroom. Basement with washer/dryer hookups. Private back yard with large patio, potting shed and 2-car garage. Newer roof and siding. Salem All … [Read more...]

SalemListed’s Aug ’15 Real Estate Market Report Salem Or

  Word of the day "listings".  We need listings.  As you will see below our inventory is down significantly from last year and buyers are having a tough time finding what they want and if they do find it chances are there is competing offers.  August seemed to slow a bit from the rest of the summer which I think is from vacationing and families already purchased and moving into their homes for school districts. In the month of August 2015, there were 1220 new listings that came on the market and a total … [Read more...]

How you the Buyer can make it in a Sellers world (simple advice)

You are a real estate buyer in this market, what in the world do you do now? I hate to use the word “crazy” because I feel like it falls out of my mouth as often as “busy”. I really hate saying busy when people ask how are you doing? It seems my default is “busy”, super “busy”… What does that even mean. Seems like a dumb filler word. That convo is for another day. We are not in the San Fransicso, Seattle or even Portland hot of a market but we are in our Salem Oregon hot market for sellers. I did work with some … [Read more...]

Search Multi Family Investment Property Salem Oregon

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What is MY home worth? (Easy no hassle Home Valuation)

Fill out the form below and we will work up a complimentary, no hassle valuation of your home or investment property.  We email you the report w/in 3 business days. … [Read more...]