By Legacy Real Estate, with insights from Michael Hyman, Research Data Specialist Housing affordability remained a focal point in January 2025, with affordability conditions staying above 100 for the second consecutive month. According to the National Association of REALTORS® (NAR) Housing Affordability Index, the index stood at 100.7, signaling that the typical family earns just…
Morgan Vanderwall has recently achieved an all-time career sale of $709,000, a testament to her unwavering dedication, expertise, and exceptional client service. At Legacy Real Estate, we are incredibly proud of Morgan's accomplishments and are confident that her recent $709,000 sale is just the beginning of many more successes to come. Morgan's achievement is not…
Recent reports have shed light on significant developments in the housing market that both buyers and sellers need to be aware of. New Listings in Sharp Decline In a startling revelation, new listings in the housing market have plummeted by a staggering 27 percent since June of the previous year. This marks the most substantial…
Market Analysis is an essential tool for homeowners looking to understand the dynamics of the real estate market. Whether you're considering selling, buying, or simply want to stay informed, this blog post will shed light on the significance of a market analysis and how it can benefit you. Let's dive in! Understanding Market Analysis A…
We are passionate at Legacy Real Estate about helping our clients find the perfect place to call home or grow their business. That's why we are excited to share with you the latest real estate trends in Salem, Keizer, and beyond. Salem/Keizer Market Trends Residential Let's start with residential real estate in Salem and Keizer. The…
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…
During the pandemic we saw an incredible boom in the housing market. Two years later we are beginning to see a shift.
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…
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