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…
Tag: Market Update
Market Update May 2022
During the pandemic we saw an incredible boom in the housing market. Two years later we are beginning to see a shift.
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…