So, the full Senate will vote on the bill containing the extension of the home buyers tax credit next week. We must keep the pressure on on U.S. Senators. Here's an SFGate article on today's information:
http://www.sfgate.com/cgi-bin/blogs/pender/detail?entry_id=50578 Continue
Added by Gerry Stewart on October 30, 2009 at 10:07am —
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The cold, damp winter months can be quite damaging to your home. Prevent the damage by taking a few preventative measures. A little preparation now will help ensure your home’s longevity and protect your investment from costly damage. Keep your pipes from freezing and prevent possible costly bursts by coverin…
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Added by Gerry Stewart on October 29, 2009 at 4:00pm —
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Recently, I was sitting in a dining room surrounded on two sides by large picture windows with some clients. The view was stunning, the coffee in my hand warm, it was a comfortable place to be. We were discussing the current real estate market as it related to their home. Their home is currently for sale and there have not been many showings. They are ready for the next chapter in their life.
They are building a home in Arizona and plan to relocate to the desert.
Their new home is almost comple…
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Added by Gerry Stewart on October 28, 2009 at 4:00pm —
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If you haven't seen it, come by and take a tour. Open 1-4P Daily.
If you have seen it, please take a moment to share a comment about
295 Church St, the newest downtown living.
Thank you.
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Added by Gerry Stewart on October 27, 2009 at 4:00pm —
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If you haven't seen the Statesman Journal article in this morning's paper, here it is: http://www.statesmanjournal.com/apps/pbcs.dll/article?AID=2009909140335
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Added by Gerry Stewart on September 14, 2009 at 11:36am —
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the $8,000 tax credit for first time homebuyers is quickly running out. Good news: this credit does not have to be repaid which is unlike a similar program from 2008. Other news: it ends Dec. 1, 2009.
The Salem real estate market has been active lately. Time is running out. I'm sure you know someone that should take advantage of this opportunity ~ call them.
More information at: http://money.cnn.com/2009/08/27/real_estate/homebuyer_tax_credit_ending/index.htm?postversion=2009082715&eref=rs…
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Added by Gerry Stewart on September 3, 2009 at 1:47pm —
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I've been reading articles, articles from many different sources. Last week the Statesman Journal had an article. These articles are everything from doom and gloom to recovery is in process.
Personaly, I think both are correct for the Salem Market. The luxury housing market is still struggling and the lower end of the housing market has been robust over the last couple of months. Much of what I'm seeing is the drive to take advantage of the $8,000 tax credit for first time homebuyers.
Prices a…
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Added by Gerry Stewart on August 28, 2009 at 1:10pm —
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Sunday, 295 Church St 3-6P, stop by, beat the heat with a little air conditioning & satisfy your curiosity. Mention you saw my Salem Chamber Post and ask for your ice cream or candy bar! I'm returning the favor for those of you who brought me candy last month.
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Added by Gerry Stewart on July 25, 2009 at 4:51pm —
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Urban living in the heart of downtown Salem. A few years ago that was unheard of in this town. Today, the face of downtown Salem is changing. Urban living is here and it has much to offer. Two blocks from Bush Park and across the stree from Pringle Park is 295 Church Street Condominiums. Does $139,900 for a one bedroom, one bath, spacious with lots of natural light sound like a good deal?
There are two bedrooms, two bathroom units, some with fireplaces, all with granite countertops and stainles…
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Added by Gerry Stewart on June 21, 2009 at 9:00am —
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Stress is everywhere right now. Everyone is dealing with so much uncertainty. Agents, buyers, sellers — people. This hit my inbox today and I thought it was worth sharing. It appears to have been passed around a bit and I am not able to credit whomever wrote or originated it.
A lecturer, when explaining stress management to an audience, raised a glass of water and asked, “How heavy is this glass of water?” Answers called out ranged from 8oz. to 20oz. The lecturer replied, “The absolute weight…
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Added by Gerry Stewart on June 1, 2009 at 6:43pm —
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HUD says you can use the $8,000 tax credit as part of your downpayment. Read on.
http://portal.hud.gov/portal/page?_pageid=153,8026931&_dad=portal&_schema=PORTAL
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Added by Gerry Stewart on May 29, 2009 at 12:04pm —
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Frustration levels sellers and purchasers are experiencing is the talk of the real estate community. Competition between sellers is fierce. Motivated sellers are competing with extremely aggressive entities including: bank or lender foreclosures, sellers required to obtain third party approval, referred to as “short sales”, and sellers exhibiting financial stress, new home builders in trouble or sellers concerned about their job security.
Coupled with the media’s constant focus on local and nat…
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Added by Gerry Stewart on May 15, 2009 at 2:50pm —
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April 15th, the day we remember our family, Good Ol’ Uncle Sam and how we remember our Uncle by opening our wallets. I spent a little bit of time typing IRS in my search bar to see what the internet would pop up. I was surprised to see the number of First Time Homebuyers and the New Tax Credit all showing up under “search IRS”. I took that extra step to find out why and held my breath doing it. Here’s what I found out:
The Internal Revenue Service began a concerted effort to educate taxpayers a…
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Added by Gerry Stewart on April 15, 2009 at 11:23am —
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The Willamette Valley MLS statistical information is published monthly. I’ve been tracking the statistics intently for a long time. I’d like to share some information with you. The residential real estate market in Salem-Keizer has been on a decline for a while. (No surprise) Price per square foot has been dropping. Some areas have experienced a larger drop in price per square foot than others. Keizer is the only area that has held well and not seen the drastic drop.
March statistics were very…
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Added by Gerry Stewart on April 11, 2009 at 11:30pm —
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If you want great service and a thorough job, I recommend Troy.
www.shepherdcarpetcleaning.com
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Added by Gerry Stewart on April 10, 2009 at 11:22am —
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Nedco is Neighborhood Economic Development Corporation. I spent yesterday down at their office learning about their programs. I walked away so excited I just had to spread the word. NEDCO is a nonprofit organization and funded by a variety of sources. NEDCO is established in the Eugene area and have been in Salem for just about a year.
The Homeownership Center offers a variety of services related to homeownership. Some of their programs are:
Individual Consultations - assists with developing a…
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Added by Gerry Stewart on April 10, 2009 at 10:27am —
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Bet you've never seen this headline in any media coverage of the real estate market. Yet it is a fact - 92.7% of all mortgages on a national level are current. The "lending crisis" refers to a tiny portion of mortgages on a national level.
Crisis sell newspapers, business should be conducted on a market reality.
Keep your trust real estate advisor close and know what's happening in the Salem Market.
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Added by Gerry Stewart on April 5, 2009 at 4:00am —
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When it comes to fashion or music, trends come and go. Yet when it comes to Salem real estate, the trend has historically been up. True, the market will do a correction. True, there are bull and bear markets. True, these are tough economic times. Real Estate is still by far a very good investment. It is realized over time.
It is a good time to buy.
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Added by Gerry Stewart on March 30, 2009 at 4:00am —
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I thought you might find this information useful, either for yourself, a friend, or co-worker. The link below is to a Wall Street Journal recent publication. It gives an overview of some of the recent plans that have come out for loan modifications and the new Fannie Mae/Freddie Mac refinances which allow refinances up to 105% or property values.
http://online.wsj.com/article/SB123620418910633135.html
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Added by Gerry Stewart on March 24, 2009 at 11:14am —
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You‘re Thinking of Purchasing a Foreclosure, Now What? Foreclosures, REO, bank owned, government owned can be good purchases if you have all the information, are familiar with the process, prepared for the delays, patient, and know what the local real estate market is doing. And, have your trusted real estate adviser close at your side. I was speaking to a colleague of mine recently who had a client that got all excited about a foreclosure purchase and “forgot” to call his realtor. He made the p…
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Added by Gerry Stewart on March 23, 2009 at 3:30am —
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