Fred’s Desk

A Real Estate Blog

Latest on Flood Insurance Time Bomb!

Latest on Flood Insurance Time Bomb!

For a long time it has been obvious that National Flood Insurance has not kept premiums at a level to pay for the program. Recent huge storm losses have sent it into the red. Something has to be done. Many of these claims are from innocent victims of climate change and some are from stubborn [...]

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Balance, are we finally finding balance!?!

Balance, are we finally finding balance!?!

Balance, are we finally finding balance!?! To me one of the major signs of a healthy market is balance. We all know the old axiom of supply and demand. When one is out of balance there is an unevenness in the marketplace. That almost always leads to stronger than normal trends. Since coming out of [...]

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Remax National Housing Report

Remax National Housing Report

As expected the clowns in Congress did effect the housing market at least slightly.  After a fast a furious summer both locally here in the Willamette Valley Area of Oregon and nationally, sales were booming with many (or most) areas regaining most of their turn-down losses.  As we edged closer to fall things began their [...]

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Got Some Haulin’ To Do?

Got Some Haulin’ To Do?

Repeat and referral business has been the backbone of my real estate business for as long as I can remember. I really try to provide the best service I can for my clients and in appreciation they constantly come back and then refer me to friends, family and relatives.  I have been doing this so [...]

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Corvallis Housing Costs

Corvallis Housing Costs

I had an interesting conversation earlier today that caused me to stop and think about some of the area housing issues.  An old acquaintance stopped by the office this morning.  She said she wanted to talk about Corvallis housing costs.  She is working with a group that is examining just why there seems to be [...]

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Communication!

Communication!

Communication!  How often have we had that word drilled into us.  But do we really get it?  I just finished a transaction that pointed out to me how much we have to concentrate on letting everyone know what is going on.  If the news is bad, if the news is good, if the news is [...]

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Corvallis prices have really turned around.

Corvallis prices have really turned around.

Corvallis prices have really turned around. Nearly all price ranges now have gained back or exceeded their pre recession values. The upper end is still a bit challenged but there is renewed interest there too. Each month Remax International puts out their housing report. You can read more about the national scene in the June [...]

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So, what’s the summer bringing in the Willamette Valley Real Estate Market??

So, what’s the summer bringing in the Willamette Valley Real Estate Market??

So, what’s the summer bringing?  Spring was hot as pistol for real estate sales in the Corvallis area.  One month, as I reported earlier, I had three offers put together that were either $10,000 or $11,000 over list price.  In each case it took that for the buyer to be successful.  Are we to expect [...]

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No One Wins All The Time.

No One Wins All The Time.

I had a difficult closing this past week.  It was one of the rare experiences for me in my career of 35 years that I had a seller actually lose money!  I know it was not my fault but even after all these years I have never learned to take the emotion out of transactions.  [...]

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Well, the secret’s out, inventory is short and multiple offers are getting more and more common.

Well, the secret’s out, inventory is short and multiple offers are getting more and more common.

Well, the secret’s out, inventory is short and multiple offers are getting more and more common. There’s another little secret though, that is not so well known. This involves what is called in the industry “pocket listings” or properties that the seller wants to sell but the agent hasn’t really put the home out there [...]

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