Real Estate Talk Blog for the Willamette Valley

Where are the fireworks gonna be cracking and popping in the mid-valley?

In Albany:

Timber Linn Park

As part of the Albany Timber Carnival, Other events include logging, live music, and car shows. All the events will be at the Timber Linn Park in Albany.

Monteith River Park

Take part in the annual Celebrate Freedom.  The First Assembly of God's annual patriotic concert down at Monteith Riverpark, will begin at 8:00 p.m. on Friday, July 4. BBQ’d meals with your choice of chicken, hamburger or hotdog; and strawberry shortcake and other concessions for sale along with activities for the children will begin at 6:00 p.m. This year’s concert will feature the Celebration Choir with costumed choreography and dance, along with a special tribute to military servicemen and women, and will conclude with a spectacular fireworks display over the Willamette River. Bring your family and invite your friends to Celebrate Freedom.

In Corvallis:

Red White & Blues Riverfront Festival July 3rd and 4th on the Downtown Corvallis Riverfront! The Red White and Blues Riverfront Festival is fun-filled, packed with numerous activities, "All-American Anyone-Can-Join Fabulous Fantastic 4th of July Parade", and features a firework show over the Willamette River! 

When? 9:30-10:30: Local Corvallis Band will play patriotic songs; fireworks display over the Willamette River
Admission
General Admission: $5
Under 12: No Admission

In Lebanon:

The Star Spangled Celebration at Cheadle Lake!  An Old Fashioned 4th of July Celebration.  Cost is just $8 a car load and there is plenty to do for the whole family - AFFORDABLE Family Fun!  Open to the public at 2:00 pm and ending with the Fire in the Sky from 10:00 to 10:30 pm.

1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

• SOLD/Pending (past 90 days) – 195
•    Average price – $215,868
•    Median Sale Price – $196,230
•    Average Days on the Market – 128
•    Average Dollar per Square Foot - $132.65
• Current Active Listings – 476
•    Average Price of Active Listings - $262,686
•    Months of Inventory – 7.32

Corvallis

• SOLD/Pending (past 90 days) – 137
•    Average price – $297,477
•    Median Sale Price – $266,500
•    Average Days on the Market – 115
•    Average Dollar per Square Foot - $166.64
• Current Active Listings – 249
•    Average Price of Active Listings - $343,534
•    Months of Inventory – 5.45

Lebanon

• SOLD/Pending (past 90 days) – 48
•    Average price – $166,216
•    Median Sale Price – $144,850
•    Average Days on the Market – 92
•    Average Dollar per Square Foot – $114.09
• Current Active Listings – 168
•    Average Price of Active Listings - $194,900
•    Months of Inventory – 10.5

Next Show –  Saturday June 28 – Low-ball offer strategies for buyers and sellers.  My guest will be Jason Cadwell (Prudential Albany Real Estate Professionals)

Upcoming Guests Scheduled:

June

     Thursday, July 03 – Bill and Julie Flesher, Coldwell Banker Valley Brokers (Lebanon) will be in giving us some insights into commercial real estate today.  This show will re-air as an encore performance on 05 July.

     Saturday, July 12 – Is a custom home the right choice for you?  Sue Long of Keller Williams Realty and Krishna Rao, builder and developer will be here discussing building a custom home, from understanding the financing through the building process.

Upcoming Show topics that I’m working to put together for you in July:

Reverse Mortgages

Flood Insurance Information

New legislation effecting foreclosures

(1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

SOLD/Pending (past 90 days) – 196

   Average price – $218,514

   Median Sale Price – $197,365

   Average Days on the Market – 132

   Average Dollar per Square Foot - $133.07

Current Active Listings – 474

   Average Price of Active Listings - $262,156

   Months of Inventory – 7.26

Corvallis

SOLD/Pending (past 90 days) – 143

   Average price – $298,255

   Median Sale Price – $267,000

   Average Days on the Market – 112

   Average Dollar per Square Foot - $166.19

Current Active Listings – 244

   Average Price of Active Listings - $343,927

   Months of Inventory – 5.12

Lebanon

SOLD/Pending (past 90 days) – 45

   Average price – $168,219

   Median Sale Price – $146,650

   Average Days on the Market – 93

   Average Dollar per Square Foot – $114.71

Current Active Listings – 167

   Average Price of Active Listings - $194,669

   Months of Inventory – 11.13

Last – Thursday June 19 (Saturday June 21) – Our monthly Real Estate Luncheon.  This month the guests for Dave’s roundtable are scheduled to be – Dave Manley (Lebanon Real Estate) and Steve Parrott (AmeriTitle).  Our discussions leaned quite heavily toward events in the Lebanon housing market.

Upcoming Guests Scheduled:

June

     Saturday June 28 – Low-ball offer strategies for buyers and sellers.  My guest is scheduled to be Jason Cadwell (Prudential Albany Real Estate Professionals)

     Thursday, July 03 – Bill and Julie Flesher, Coldwell Banker Valley Brokers (Lebanon) will be in giving us some insights into commercial real estate today.

     Saturday, July 12 – Is a custom home the right choice for you?  Sue Long of Keller Williams Realty and Krishna Rao, builder and developer will be here discussing building a custom home, from understanding the financing through the building process.

(1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

• SOLD/Pending (past 90 days) – 197
•    Average price – $217,925
•    Median Sale Price – $197,365
•    Average Days on the Market – 137
•    Average Dollar per Square Foot - $132.72
• Current Active Listings – 477
•    Average Price of Active Listings - $262,041
•    Months of Inventory – 7.26

Corvallis

• SOLD/Pending (past 90 days) – 143
•    Average price – $301,826
•    Median Sale Price – $268,450
•    Average Days on the Market – 108
•    Average Dollar per Square Foot - $166.65
• Current Active Listings – 246
•    Average Price of Active Listings - $340,547
•    Months of Inventory – 5.16

Lebanon

• SOLD/Pending (past 90 days) – 47
•    Average price – $170,305
•    Median Sale Price – $152,000
•    Average Days on the Market – 110
•    Average Dollar per Square Foot – $114.09
• Current Active Listings – 170
•    Average Price of Active Listings - $195,384
•    Months of Inventory – 10.85

Last –    Saturday June 14 – This show is all about “GREEN.”  Dave’s guests include Steve Willems of Parr Lumber and Glen Rea from EKOS Northwest (www.ekosnw.com) and our discussions will be on the new trends in building materials and techniques designed to be better for the environment.

Upcoming Guests Scheduled:

June

     Thursday June 19 (Saturday June 21) – Our monthly Real Estate Luncheon.  This month the guests for Dave’s roundtable are scheduled to be – Carisa Ramey (Central Willamette Community Credit Union), Dave Manley (Lebanon Real Estate) and Steve Parrott (AmeriTitle).  Our discussions will lean heavily toward events in the Lebanon housing market.

     Saturday June 28 – Reverse Mortgages (TBD)

     Thursday, July 03 – Bill and Julie Flesher, Coldwell Banker Valley Brokers (Lebanon) will be in giving us some insights into commercial real estate today.

     Saturday, July 12 – Is a custom home the right choice for you?  Sue Long of Keller Williams Realty and Rao Krishna, builder and developer will be here discussing building a custom home, from understanding the financing through the building process.

Knowledge is power!

  If you want to understand the housing market - and make the best possible decision for you...you need information and you can get it by attending these FREE Workshops.

Understanding the Real Estate Market in Oregon's mid-Willamette Valley

•     What factors drive the market here in Linn and Benton Counties?
•     What is the Real Estate Pyramid?
•     What do the statistics mean and how can you use them?
•     What is the CURRENT state of the market in Linn and Benton     
      County - and what can you expect for the future?

Buying a Home in Today's Market - Part 1

•     Understand the buying process from Search to Closing
•     Which Negotiation strategies will help me to get the best deal?
•     Should you spend the money on a Home Inspection?
•     What do you look for in a Preliminary Title Report?
•     How do I read a HUD-1 Statement?

Buying a Home in Today's Market - Part 2

•     Real Estate Financing from A to Z
•     What programs are available for 1st time home buyers?
•     What to do if your credit score has some challenges?
•     How do you compare different lending sources?
•     What is the difference between Pre-Qualification and Pre-Approval?
•     Find out how much home YOU can afford - right on the spot!

When are these workshops being held?

•     Understanding the Real Estate Market - June 24 OR June 26
      *2 opportunities - Same workshop!
•     Buying a Home in Today's Market - Part 1 - July 08
•     Buying a Home in Today's Market - Part 2 - July 10

** All workshops are held from 7 to 9PM; refreshments provided

Where are these workshops being held?

    Phoenix Inn and Suites, Albany Oregon

How do I register?

    3 methods to register - use the one most convenient for you!    

• Go to www.WiseRealEstateDecisions.com
• E-mail RealEstateTalk@kgal.com
• Call: (541) 791-9310

Must I sign up in Advance?

Yes, please.  We need to know how many are attending so that we can ensure that enough materials are available and seating IS limited.

Who is presenting the information?

We have 4 Real Estate Professionals with over 50 years total experience in the industry; 2 Lending Professionals; and a Senior Escrow Officer

Who is sponsoring the workshops?

The sponsors include: KGAL Radio and Real Estate Talk with Dave Pautsch

(1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

• SOLD/Pending (past 90 days) – 198
•    Average price – $215,083
•    Median Sale Price – $199,900
•    Average Days on the Market – 139
•    Average Dollar per Square Foot - $132.21
• Current Active Listings – 469
•    Average Price of Active Listings - $258,678
•    Months of Inventory – 7.11

Corvallis

• SOLD/Pending (past 90 days) – 142
•    Average price – $296,856
•    Median Sale Price – $265,000
•    Average Days on the Market – 112
•    Average Dollar per Square Foot - $167.95
• Current Active Listings – 227
•    Average Price of Active Listings - $346,267
•    Months of Inventory – 4.8

Lebanon

• SOLD/Pending (past 90 days) – 43
•    Average price – $161,748
•    Median Sale Price – $151,000
•    Average Days on the Market – 110
•    Average Dollar per Square Foot – $112.66
• Current Active Listings – 175
•    Average Price of Active Listings - $197,543
•    Months of Inventory – 12.21

Last –  Thursday June 05 (and Saturday June 07) – Tom Powell, Powell Construction was here to talk with Dave about remodeling projects for your home and when it may be better to remodel vice buy a new home.  We talked a little about the costs of some remodeling projects, how to select a contractor to help you design and complete the job, and the relationship between the cost of the job and the value of your home after it's completed.

Upcoming Guests Scheduled:

June

    Saturday June 14 – This show is all about “GREEN.”  Dave’s guests include Steve Willems of Parr Lumber and Glen Rea from EKOS Northwest (www.ekosnw.com) and our discussions will be on the new trends in building materials and techniques designed to be better for the environment.

     Thursday June 19 (Saturday June 21) – Our monthly Real Estate Luncheon.  This month the guests for Dave’s roundtable are scheduled to be – Carisa Ramey (Central Willamette Community Credit Union), Dave Manley (Lebanon Real Estate) and Steve Parrott (AmeriTitle).  Our discussions will lean heavily toward events in the Lebanon housing market.

     Saturday June 28 – TBD