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December 3, 2009

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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Corvallis, Oregon

Reported by Fred L. Adams, REALTOR, Associate Broker, CRS, GRI, ABR, SRES, E-Pro Designation

Updated December 1, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

As all the lights start appearing all over the neighborhoods and thoughts of extravagant, good foods shared with family and friends start swirling around in our heads it always leads to one thing. SLOW real estate market. Too many heads are occupied with too many other thoughts. Now, with that said it has been surprisingly busy. Thanksgiving weekend alone I had two offers on my desk! People seem to have a renewed optimisim and are jumping on the first time and the MOVE UP home buyers tax credits. Those combined with incredibly low interst rates and slightly lower prices just might make this a really busy holiday season! Anyway at the moment it looks good!
According to Yahoo the Corvallis area is one of the 10 most stable priced cities in the nation! It is interesting to note that according to another recent article in US News that Corvalllis is poised to be one of the more healty centers of appreciation in the nation in the next 10 years. Not sure what that is based on but we are glad to hear it!
Because we seem to have remained one of the more sound communities economically our market never crumbled like many parts of the country even though things have slowed some.

Record setting interest rates and still abundant lending sources are setting this up to be a great time to buy even though the path to the end is rougher. People who 'buck the trend" and do the opposite of the masses often score big in these kinds of times.

Let me know if you have any questions about how you see yourself fitting into the current market place. I would love to talk with you!

Send me an email (fredadams@remax.net), if you would like to be part of my "Market-Watch" system. Once you give me your needs I will update you via email each time a new listing comes out that might meet your needs. Or you can send me a message from my web site FredAdams.com I look forward to working with you!

If you are considering buying or selling let me put my 30+ years of experience and contacts to work for you. Give me a call today! (541-918-5006).

ZIP Codes: 97330, 97370, 97321


For More Information:

View Market Conditions of other areas served by Fred L. Adams

Navigate: Top > Oregon > Corvallis

About Fred L. Adams:
I have been in full time real estate sales for over 30 years now and still love the profession. The last 20 of those years have been right here in Corvallis. Because of the extensive clientele I have served over the years nearly 90% of my business is by referral or repeat business. I still love working with new clients and invite you to visit my web page at www.FredLAdams.com to view testimonials from a few of my clients. Let me put my years of experience and service to work for you!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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