Thesa Chambers, a central Oregon real estate agent , posted this great link about "Which states will be early risers?" on her Central Oregon Buzz blog. I thought it was a neat little projection about the state economies recovery from the recession. Moody’s Economy did a projection for when each state is expected to see [...]
Some of you may have heard that Zillow came out with their real estate market reports last week. I’m just a wee bit slow in getting to this because I installed Google’s webmaster on my blog, and found so many broken links that are making my head spin… Must…fix…broken…link… Anyway…now that I have a plan [...]
Bank foreclosures are nothing new, but in California things are so bad in some areas that the banks are starting to destroy some homes. We clearly don’t have this problem in Salem Oregon. Our real estate market, while it has its issues, is far from destroying property. Here is a YouTube video that shows the [...]
Just today the Fed met and lowered interest rates to historic lows, and they also announced plans to discuss purchasing bad securitized loans and potentially treasury bonds. As a result there was a rally on the stock market with this news. Why is the fed taking such bold moves? This… That seriously huge green peak [...]
Obviously I am a real estate agent so what happens in the real estate market is important to me. I don’t like making long term predictions about our market since, well…lots of things can happen between now and then. The Boston Herald reported the results of a survey conducted by Campbell Communications indicating that 52% [...]
As I generate market data to see what is happening here in my local market, it is easy to get off task. Focus on what is difficult in the world of real estate, and not what is better. NAR came out with an interactive market research tool. Now, the data currently on it is for [...]
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 [...]
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 [...]
