dpautsch It's a new year - but is it a new real estate market? What can you expect in 2012 in Oregon's mid-Willamette Valley?
• Market Update Infor
• 01-03-2012 13:59:33
Is there consensus that we have reached a bottom or could there be more ahead?
brianp • 01-03-2012 14:16:04
brianp - no bottom yet, although some think we may be "bouncing along the bottom." Prevailing wisdom is that prices are still under pressure due to a lack of qualified buyers in the market (they need jobs and savings in order to buy).
dpautsch • 01-03-2012 14:20:20
Inventory is DOWN, there is a shadow inventory from foreclosures hanging over our heads...
dpautsch • 01-03-2012 14:21:06
we've been in a fairly steady band here in the mid-Willamette Valley for the past 6-9 mos with regard to prices and there is optimism that there aren't any big cliffs ahead. No appreciation expected in the market until at least 2013 or 2014 though.
dpautsch • 01-03-2012 14:21:10
brianp • 01-03-2012 19:07:55
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