foreclosures in salem oregon: Salem Oregon Foreclosures 2nd Quarter 2011 - 08/01/11 10:49 PM
Back in the boom, MERS was a cornerstone of the real estate market offering a way to offload mortgages to investors allowing banks to continue to originate loans and make bundles o' money.  Apparently, my strategy of waiting at the end of the rainbow for my pot of gold wasn't a good one: should have been a lender.  Lots of green, just not in the form of little people with funny hats.  Now, lenders wouldn't have been able to meet the demand of the American consumer for housing loans without sending loans off into the netherworld to be split up and … (3 comments)

foreclosures in salem oregon: Foreclosures on the rise in Salem Oregon (LOCALISM FEATURED) - 02/13/09 06:19 PM
RealtyTrac comes out with national foreclosure data every month, and according to their latest report, Oregon ranked #5 for foreclosure rate with a 1 in every 357 homes being served with a foreclosure notice.
 
 
What does this mean for Salem Oregon home buyers and sellers? Foreclosures are definitely running hotter in general. Foreclosure notices in January were down 20% from December of 2008, but are up 14% from January 2008.
 
 
With the moratorium on foreclosure notices by Fannie Mae, I am afraid that these numbers are probably a little bit lower than they should be. I would … (24 comments)

 
Melina Tomson, Principal Broker/Owner, M.S. (Tomson Burnham, llc Licensed in the State of Oregon) Rainmaker large

Melina Tomson

Principal Broker/Owner, M.S.

Salem, OR

More about me…

Tomson Burnham, llc Licensed in the State of Oregon

Office: (503) 371-6515

Fax: (503) 715-1303

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Neighborhood real estate at its best delivered to you by a Principal Broker licensed in the state of Oregon. Get a peek into my inner data geek with my extensive Salem Oregon real estate trending graphs, or stick around to see if my sarcastic wit rears its ugly head. Either way, read, hopefully enjoy and find it helpful, then you know the drill...call/email/tweet me for help with your real estate needs.


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