
21 Jul
The Newport Farmer’s Market is in full swing again this year. Saturdays for 9:00 AM to 1:00 PM at 101 and Angle St, right next to City hall in Newport. This is the place to find the very best local produce and fruits and bakery products. Perennials of all sorts as well as vegetable plants, [...]

11 Jul
July 9th,10th & 11th at the Newport Middle School is the site of an annual event sure to please the whole family. This is the Willamette Agility Group (WAG) trials. In these events, dog athletes and their handlers run a timed course of obstacles including jumps, ramps, tunnels and pole weaving designed to test their speed and agility.
WAG [...]

01 Jul
The number of closed sales in June is down slightly from May while the average price increased. As I see it, the drop in sales is due to the expiration of the “Home Buyer Federal Tax Credit” program. The credit expired on April 30, which led to a higher number of May closings. Congress extended [...]

04 Jun
It’s here at last. After a bit of political tap dancing by leaders in competing cities, Newport has won the NOAA stamp of approval for the establishment of a new Pacific Fleet Home Port. On 6/4 an official groundbreaking ceremony was conducted to the background noise of earth moving equipment doing site preparation.
Those in attendance included [...]

02 Jun
This Lovely 1925 home in the heart of Newport is an example of a great buy on the Coast. Lots of character and lovingly maintained makes this a perfect home for the young dance teacher and her musician husband who are the new owners. The list to sale ratio is close to 96%, a little [...]

10 May
Local Ocean Seafoods, operated by Laura Anderson is my favorite place for seafood both at the fish counter and as a meal in the restaurant. You may have caught a previous blog post on this site. If not here is an overview. This is a terrific location at which one can enjoy some of [...]

26 Apr
Just outside the Regatta Condominiums on Yaquina Bay is a set of pilings that support a Coast Guard operated fog horn as well as a new construction project. This new project is an Osprey nest comprised of sticks and vegetation. The nest being built on the Bay is likely going to be the home of [...]

02 Apr
Interesting March here on the Central Oregon Coast. Numbers of closed sales were up significantly from February (almost double the numbers) with a higher selling prices by $30,000 average. This does not account for the length of the escrow process which could have been up to 90 days. This means that many of these sales [...]

02 Apr
As announced in the Daily Journal of Commerce on March 19th, Newport is in line to have another jewel installed in it’s crown of excellent marine research. Oregon State University’s Marine Mammal and Marine Genomics Building received a big boost from the Oregon Legislature recently when $9 million was dedicated to the funding [...]

30 Mar
National Oceanic and Atmospheric Agency (NOAA) recently reconfirmed the plan to relocate Pacific Fleet Headquarters to Yaquina Bay at Newport from Seattle. Much speculation has occurred since NOAA’s plan was announced in the Fall of 2009 as to the suitability of the Newport site. After review by the General Accounting Office the Newport [...]

29 Mar
Today while having lunch by Alsea Bay in Waldport I was privileged to observe a once in a lifetime event. I saw a male Common Loon swimming placidly among the choppy, storm tossed water a few yards off the beach when he quickly dove under the surface on what appeared to be a fish hunt.
A few seconds [...]

27 Mar
Newport on Yaquina Bay is about to commence on a double winning project. The project is a full rebuilding and creation of a true international seaport, with completion anticipated in 2013.
This is a significant victory for Oregon Shores Conservation Coalition and Friends of Yaquina Bay. These two organization have dedicated sincere effort in [...]

22 Mar
Sun showers between rain showers are a sure sign of Spring here on the Oregon Coast. In my front yard the Shiro Japanese plum is in full bloom perfuming the air. I wait with great anticipation for June when the wonderful delicate fruit is ready to drop into the hand. Nearby the daffodils and [...]

18 Mar
Two young female sea lions are nearing the end of their rehabilitation at the Oregon Coast Aquarium and are almost ready to join the penniped display where they will be well cared for and can interact with others of the species. Both of these youngsters were saved from a slow death in the ocean due [...]

10 Mar
The Helen McColl was a 65 foot Maine built wooden schooner which joined the New England cod fleet in 1911. Active in the fishery until 1974 when it was brought to Newport by George Morford. George fished from the schooner from Northern California to Cape Flattery Wahington in the pursuit of wild salmon. [...]

07 Mar
I would like to introduce you to my neighbor, Bob. Bob is a retired gentleman in his 80’s who appears to be extremely fit. In fact, up until the past few years, Bob was an avid runner. Well, hip problems have slowed him down some so now he does a daily beach walk of at [...]

05 Mar
In the normal business cycle on the Oregon Coast we tend to see smaller gains as well as more modest declines. At present we are experiencing a somewhat steeper decline than usual with some very visible vacancies in Yachats. These include a closed grocery store, a real estate office and the well known Landmark Restaurant. This pattern [...]

03 Mar
Properties are selling on the Coast. The higher price ranges are continuing to be slow when compared to the $250,000 and under bracket. Bank owned homes are selling for lower prices compared to individually owned. We are seeing some welcome movement in the condo segment of the market.
The home I’m featuring from amongst those sold in February is [...]

27 Feb
My very favorite supplier of whole grain products for several years has been Bob’s Red Mill in Milwaukie, Oregon. The latest news from the Mill is that on February 15, Bob turned 81 years old. As a gift to the employees of the Mill Bob presented them with an Employee Stock Ownership Plan (ESOP) [...]

14 Feb
Here on the Central Oregon Coast at this writing there are 45 active listings which fall in the category of distressed or bank owned (REO) properties. Typically these are homes on which the lender has foreclosed and is in title or ownership. This is about 3% of our broker listed inventory.
While the Oregon Coast is seeing a [...]
Author: Dean