Oregon coast real estate sales are looking up for Spring. The return of commercial and sport fishing of chinook salmon along the coast for the first time in three years is bound to have an impact on local income and breathe some life in to the local economy.
Property Type
# Sold in April
Average [...]
This year’s Spring beach cleanup is slated for March 20th. Volunteers come on their own or form up in teams on beaches from Astoria to the California border under the leadership of SOLV. This effort brings nearly 4,000 Oregonians out to help keep our beaches in pristine condition for residents and visitors alike. Consider forming [...]
The results for Oregon Coast Real Estate in January 2010 are showing some interesting trends for the start of the year.
Site built sale prices are up slightly over the 2009 average
Manufactured homes are selling for a little less.
Condos remain in the doldrums with lower selling prices.
Land improved slightly in number of sales with flat prices.
Multi [...]
The year finished strong with more closings in December than the previous month. December sales follow the trend that began in late Summer: properties that were appropriately priced received a great deal of attention from qualified Buyers. Part of this has to do with the Tax Credit incentives both for first time Buyers and current [...]
The Met comes to Newport again with a stellar performance. Tony Award® winner Bartlett Sher (South Pacific) directs this new production. The opera is Offenbach’s fictionalized take on the life and loves of the German Romantic writer E.T.A. Hoffmann — a fascinating psychological journey.
10:00 AM 2:00 PM • December 19, 2009
Admission General $20 – Senior [...]
A top favorite of visitors and locals alike is Panache at 2nd and Coast Streets in Nye Beach Newport. This thoughtfully restored 1919 house is a visual treat – not to mention the “Northwest Cuisine with a Twist”. This delightful menu is created by Chef Tom and wife Linda and serves up local Northwest [...]
Closings are increasing slightly, with average sales prices hovering between $250,000 and $280,000. People are feeling more optimistic — with good reason: mortgages are coming to the closing table in under 45 days. In addition, the condo market is seeing more closings than we have all year, as banks are willing to make loans on [...]
The Fall Kite Festival returns this weekend, October 10th & 11th. This is Lincoln City’s “original” kite festival — it’s 31st to be exact! Come observe demonstrations by expert fliers, let the kids learn how to make their own kites, watch the Running of the Bols, and more. Activities are held at the D-River State [...]
There is a pattern of good activity in the price range of $250,000 to $380,000 – with some properties getting multiple showings
and even a few multiple-offer situations which have been absent for two years. The prevailing Buyers are those who offer with pre-qualifications or all cash. The key word is to work with [...]
The fishing vessel Lori Ann which ran aground Tuesday 8/11 was successfully pulled off the beach and towed to navigable waters Thursday 8/13. A helicopter carried a line to a tug waiting offshore while the Coast Guard monitored the operation including offloading fuel from the boat leaving some 60 gallons on board to [...]
The average selling price is moving up slightly as compared to 2008 for the same period. Higher end properties in the $450,000 and up range are still slow. This may be due in part to the lack of lenders willing to do “jumbo” loans at a reasonable rate of interest. Sales here [...]
One of the best parts of living on the Central Oregon Coast is the supportive and generous nature of the community. An organization with which my family is closely aligned is My Sister’s Place which provides support services and education to help with the intervention and prevention of domestic violence, sexual assault, and dating abuse. [...]
The warm weather and gradually improving economy is having a favorable impact on real estate sales here on the Central Oregon Coast. Sales of site-built homes are up 40% compared to May and those properties sold more quickly as well. Use the upcoming holiday weekend to find your perfect full-time home at the beach or [...]
Newest amongst the Oregon Coast’s 4th of July traditions is Newport’s Annual Clambake, held from 9:30 am to 5 pm in Historic Nye Beach on NW Beach Dr. The area sits off Coast Street and features a turnaround, parking, public restrooms, beach access and access to some of the coolest shops in town. The event includes local food [...]
If you’re a repeat visitor to my blog, or live here in the Newport area, you’ve probably heard regularly about the Regatta Condos development, a first of its kind green construction project on Yaquina Bay. On Tuesday the 9th, the first unit closed to much fanfare. This unit, the Flagship, was one of two end-units [...]
Property is really beginning to move. If you’re thinking of investing in a second home, or retiring to the spectacular Oregon Coast, now is the time! Come visit me at my Windermere office in Seal Rock and we’ll look at properties that best suit your needs.
Property Type
# Sold in May
Average
Sales Price
Days on [...]
Mid May is the peak of the Harbor Seal birthing season here on the Oregon Coast. The Seal Moms frequently leave the pups on the beach while they hunt for food in the surf and will return several times a day to nurse the pup with their fat rich milk. The milk is [...]
The Fleet of Flowers was first held in 1945 to honor the loss of a local fisherman, his son and the son’s teenaged friend. The accident occurred in the mid 1930’s and since 1945 it has become an annual event involving volunteer boaters and the Coast Guard. In our community, we are closely linked to [...]
What better time to enjoy the Oregon Coast then now, when the warm weather is upon us and the prices continue to be budget-friendly. With mortgage interest rates ridiculously low, this is the time to invest in a second home, rental property, or maybe even become a home owner for the first time. Take the [...]
Spring is having a nice affect on sales in the central part of the Oregon Coast real estate market. Mortgage interest rates are at an historic low and inventory is high. Now is a great time to invest in Coastal real estate!
Here is data on sales during March 2009
Property Type
# On Market
# Sold in [...]
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