Are we in a Buyers Market?

If you sense that a change in the Oregon real estate market may be occurring, you are probably correct. In fact, I think some changes are going to be occurring on a national level. (Especially on a national level.) In talking with other real estate professionals, I am detecting a general consensus that we are shifting into a buyers market. What does this mean? Generally it means conditions will be more favorable towards buyers than they will be for sellers. Interest rates are creeping up, which means buyers can buy less home for the same amount of money. Currently, it seems as though there may be more sellers than there are buyers. If you are a seller, now is the time to make sure you are taking advantage of every edge that you can. Make sure your home is competitively priced. The little things are also going to become more important than before, like cosmetics, and favorable terms for buyers like seller paid closing costs etc. We may not be in a full blown buyers market yet, but I think we will see definite movement in that direction over the next six months.

Related articles

• House You Want Off the Market?
• Seller's Market Approaching Fast in Middle Tennessee
• The Market Gets Competitive for Home Buyers

Real Estate Questions to ask

English: House at 1936 Maplewood Drive in the Island Home Park neighborhood of Knoxville, Tennessee, USA. Built circa 1915-1920, this was the home of Knoxville banker and real estate broker James Wallace in the 1920s, and is now listed as a contributing property within the Island Home Park Historic District (it's listed as 1936 Spence Place). (Photo credit: Wikipedia)

Home buyers and sellers always have many questions they need answered when in the process of buying or selling a home. Here a few of the common ones that should always be asked.

What's the difference between a real estate broker and a real estate agent?

Why bother using a real estate salesperson?

How long do I keep my home on the market before adjusting the price?

Can you cancel a listing agreement after one has been agreed upon?

How do I go about showing my home?

Oregon's Top Ten Employers

Despite a tough economic times on a national and international scale, Oregon's local economy has managed to tough it out and remain stable.  It's all thanks to Oregon's employers, which are the backbone of the Oregon community.  I was curious to know who the top ten employers of Oregon are, so I did some research and made a list of them:



Employer
City
# of Employees
Oregon Health & Science University
Portland
12000
Cancer Center/OHSU Cancer
Portland
10000
Oregon State University
Corvallis
8000
Hewlett-Packard
Corvallis
5500
Kaiser Sunnyside Medical Center
Clackamas
5000
NIKE Inc
Beaverton
5000
Sacred Heart Medical Center
Springfield
5000
Samaritan Health Syc
Corvallis
5000
University of Oregon
Eugene
4350
Lane Community College
Eugene
4000


I apologize if any of these numbers are outdated.  I hope you appreciate these organizations as much as I do!

Local Corvallis Oregon News

If you're ever looking for local news stories or curious to know what is happening now in your local community, look no further.  We have put together a list of all the local media outlets in the Corvallis area.

Albany Democrat Herald
Corvallis Gazette Times
Lebanon Express

State-wide
Oregon Businesses
Oregon City Link
Oregon Magazine
Welcome To Oregon

This resource was put together by Coldwell Banker Valley Brokers, offering houses for sale in Corvallis Oregon.