Oregon presents a great opportunity for multifamily development due to its steady population growth and strong demand for affordable housing. With Portland being one of the fastest-growing cities in the country, developers are turning their attention to the state's other major cities such as Eugene, Salem, Bend and in between, where there is a significant…
During the month of January, the residential real estate market was slow, which is typical for this time of year due to the cold weather and busy holiday schedules. The number of residential listings in Salem and Keizer decreased by 33% YoY, with 161 new listings compared to 243 in January 2022. Additionally, the total…
Do you notice condensation or moisture in-between your windows around your home? Here are some quick and easy tips and things to do to remove the moisture and prevent it from coming back: Keep your home well-ventilated. Open windows and use exhaust fans to help circulate air and remove moisture. Run a dehumidifier in the…
Interest rates have been slowly declining for the past 6 weeks! According to FRED, Federal Reserve Bank of St. Louis, the national average 30-year fixed loan interest rate has dropped 0.81% since November 10, 2022. Here's how that may look for you. If you purchased a home for $500,000 with 5% down in November when…
Last week the Mid-Willamette Valley Association of Realtors (MVAR) celebrated our community of brokers and industry affiliates at the annual Awards Banquet. We are proud to say that several of our brokers were nominated for an award - well deserved! 990 Broadway St NE - James Hauge was nominated for the Commercial Transaction of the…
FOR SALE Well maintained single level home in Keizer. Three bedrooms and 2.5 baths with a living room and family room, each with a fireplace. The interior features new paint, new flooring in the kitchen and family room area, new kitchen counter tops and sink, hardwood floors in living room dining area and hallway. This…
“We saw [home] prices moving up very very strongly for the last couple of years. So that changes now. And rates have moved up. We are well aware that mortgage rates have moved up a lot. And you are seeing a changing housing market. We are watching it to see what will happen. How much…
There is no question that energy efficiency is one of the most hot-button issues of 2022. This is definitely the case in the real estate industry, with many of the most trendy renovation projects chosen with an eye toward adding “green” features. While an energy-efficient home can lower the cost of homeownership through lower utility…
During the pandemic we saw an incredible boom in the housing market. Two years later we are beginning to see a shift.
According to an article in the Statesman Journal, Pendleton Woolen Mills is opening at the Willamette Heritage Center, which is located at 1313 Mill St SE.