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.
Tag: Legacy Real Estate
990 Broadway Improving Downtown
The newly constructed 990 Broadway building is an incredible addition to the downtown Salem community.
New Ward Boundaries Approved in Salem
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.
Just Listed | 7794 Marie Ln NE Keizer
Nearly new 2-story home in Keizer's Misty Meadows. Home features Quartz counters, charcoal-stained cabinets, Moen faucets, stainless Farmhouse kitchen sink, office, walk-in pantry, and a stand-alone tub in the master bath. The backyard has great space for entertaining with a covered patio, outdoor fireplace, patio lighting, and a gas line for an outdoor BBQ. Property…
Affordable HOME Act
Jeff Merkley, Oregon’s Senator, introduced the Affordable HOME (Housing Opportunities Made Equitable) Act earlier this year. In an email sent out by Merkley he says, “The Affordable HOME Act is designed to reduce the shortcomings of current housing policies and funding levels, by boldly addressing racial, gender, and economic disparities, along with systematic obstacles to…
Experts Hopeful COVID Forbearance Will Leave Minimal Impact as A Whole
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…
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.
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.