Another housing market crash has been a looming fear ever since 2008. With homeowners being financially impacted by COVID19 these fears are even higher. As of July 23rd there were 1.75 million homes still in forbearance. However, experts are hopeful due to the many lending regulations that were put into place after 2008, these should…
Author: Legacy Real Estate
Max Rent Increase Set for 2022
September 15, the State of Oregon's Office of Economic Analysis announced the rent increase rate for 2022 can be no higher than 9.9%. In 2021 the max increase was 9.2%
Two Acreage Lots in Desirable gated Twin Hills Estates
Nestled among beautiful custom homes are two parcels with a total of 9.1 acres of land for sale. In blue, address 1177 Twin Hills Rd SE is 5.930 acres and has potential to be divided into two parcels. In yellow is 1199 Twin Hills Rd SE which is is 3.170 acres.
Eviction Moratorium Lifted
This past Thursday, the U.S. Supreme Court ended the CDC's eviction moratorium.
Rental addition to your property?
It's no secret that building costs are at an all time high and for multifamily builds the cost benefit isn't there. Due to the housing crisis in Portland they have adopted new residential infill policies to allow multifamily housing in single-family neighborhoods.
Expiring Eviction Ban
The Nationwide Eviction Moratorium is set to expire today, July 31st. Originally set to expire in September 2020, the Biden administration has extended it multiple times. On July 29th the Biden Administration said it would not attempt to extend the moratorium but President Biden is now asking Congress to intervene and extend the ban.
Tesla Moving into the Real Estate Market
The Legacy RE Group is constantly looking for new and inventive ways to improve our business and the homes and properties of the clients we serve. We hope to see more sustainable living practices as our community grows.
5960 Montevallo St SE, Salem, OR 97306
CLICK HERE FOR LISTING INFORMATION Located in the desirable Creekside Estates. Covered front patio with territorial views and water feature. Large kitchen includes SS appliances, Jenn- Air gas stove & plenty of counter space with expansive island featuring quartz counters. Open concept with living room vaulted ceiling and multi-zone built-in speaker system. Large tile shower…
Senate Bill 278 and CDC Moratorium Extension
With laws constantly changing, housing providers are strongly encouraged to seek legal advice prior to serving any notice of termination for nonpayment.
Say Goodbye to Love Letters
Buyer letters, or "Love Letters", have become a common element in the residential housing industry, especially as we see multiple offers increase. However, it puts the seller at risk in violating fair housing laws.