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…
“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…
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.
day, April 20th the team headed to Albany for the 2021 RE/MAX Awards Luncheon. We are so proud of you all! What an incredible accomplishment.
According to the Statesmen Journal there will be multiple new and returning restaurants coming to Salem!
Since the beginning of the COVID 19 pandemic we have seen a huge increase in demand for housing and a shortage of inventory. For homeowners, fortunately inflation is a benefit.
The newly constructed 990 Broadway building is an incredible addition to the downtown Salem community.
Monday, November 22 Salem's City Council approved new ward boundaries. These boundaries are intended to account for future growth over the next 10 years.