The Nation Wide eviction ban is unlawful according to a ruling Wednesday, May 5th by U.S. District Court Judge Dabney L. Friedrich of the District of Columbia. Last year the Trump administration put the eviction ban into place and was recently extended through the end of June 2021 by President Biden. In Friedrich's ruling she…
Oregon has found itself in quite a hole of unpaid debt in the rental housing market since the start of the Coronavirus pandemic. As of February 2021, an estimated $378 million remains outstanding in rental dues across the state. In 2020, Oregon put into place a Statewide Eviction Moratorium, banning nonpayment-related evictions, and gathered resources…
The Landlord Compensation Fund (LCF) reopened last week. The second round of assistance for covering rent owed by eligible tenants is at least $50 million. The timeframe for the accrued rent owed is from the past year, April 1, 2020 - April 30, 2021. If you are a participating housing provider you could receive funding…
Spring is the season of new beginnings. It's also a great time to list your home! In the last three months, February-April, there have been 760+ homes sold in Salem/Keizer with an average sales price of $413,313. Curious about what your home may be worth? Click the link below to get a free home evaluation.https://www.legacyrehomes.com/evaluation
CLICK HERE FOR LISTING INFORMATION Custom built Kaufman Home on the 14th Fairway at Creekside. Rare expansive golf course views from every angle. Gas fireplace with built-ins in the open kitchen and family room. The kitchen features Quartz counter tops and tile backsplash. Oak hardwood floors, Stainless steel appliances and large walk-in pantry. The formal…
As we know, the housing market is forever changing. And this year, it's the 2020 pandemic that plays a major role in driving the market. When considering whether this is the year to sell and/or buy, keep these 3 things in mind: Interest rates, inventory and internet access. If you haven't heard yet, interest rates…
Beautiful 7.52 acreage property for sale. This property is full of potential with a pole barn, shed, greenhouses and corner farm stand on highly visible Silverton Rd. Home had a new roof installed in 2018. House is a split level design with great spaces, large walk in pantry, wood burning fireplace and stove, double closets…
As of February 2021, a reported estimate of 89,000 households are behind in rent equaling more than $378 million. Since the start of the pandemic in 2020 a mass wave of tenants have become behind on their monthly rent, and the numbers continue to soar. The eviction ban across the state allows tenants to remain…
Did you know many of our agents are also members of the Regional Multiple Listing Service (RMLS). The RMLS Services several counties throughout Oregon and SW Washington. Within the RMLS Database here are the following stats for 2020. All residential properties listed for sale: 71,940All residential properties sold: 61,350Median sold price of homes listed: $397,000Total…
While 2020 was a year like we've never experienced before, the real estate market saw an increase in most areas. The Willamette Valley Multiple Listing Service (WVMLS) gathered and shared some impressive statistics. The Median Sold Price was $329,9000, which is up 10.4% from 2019. Another impressive number are the units sold at 7,310, which…