Shawn Tucker Real Estate Broker, Keller Williams Realty Mid-Willamette

12/09/2022

Merry happy holidays.

Guess who’s back…

09/21/2022

Price improvement on Park St. This house has had a LOT of improvements including a new roof, new plumbing downstairs, solar panels, new kitchen cabinets, and more. Organic gardening with numerous plantings, apples, berries, plums, strawberries, artichokes, and garden beds prepped for more planting.

09/17/2022

Organic gardeners paradise; apples, vegetables, herbs, berries and more.
Separate living space or dual living potential.
New roof, new kitchen with new plumbing and other upgrades to this great home.

08/23/2022

Just listed!
3 bedroom, 2 bath home (or 2 bedroom 1 bath with a studio for dual living. Potential for ADU, buyer to work with the city to ensure approved usage.)
Organic gardens with many fruit trees and vegetables.

08/18/2022

I've been saying this as well. We're STILL in recovery from the 2008 crash. As hard as it is to believe, the issue is that in 2008 ALL home building STOPPED, COMPLETELY. In Corvallis Legend Homes (Willamette Landing) filed bankruptcy in 2008 and was able to build 3 homes at a time instead of the normal 10-15 being worked on at once (about).

The only other construction from 2008-2013 in Corvallis was either student housing apartments or Chateau Construction taking small 2 bedroom bungalow houses and building 3 story multi family units (more student housing) infill in town (e.g. 27th and 25th and Grant).

ALL other construction stopped completely. It's only been in the last 4 years that we've seen construction really ramping up again, and No new LARGE housing developments have been built. There are a number of new apartments, especially in Albany, but new single family homes are STILL lacking.

This combined with the fact that people move about every 5 years on average, and throughout the downturn people stopped moving until about 2014, that's 6 years of backlog. People in 2014 started looking, and those who would have moved from 2008-2014 were also looking, which is what has caused the housing price BOOM that we've seen starting in 2014.

There are still SO many people looking for houses. Some of those people have been priced out of the market and have been looking elsewhere (e.g. Sweet Home, Silverton, Stayton, Aumsville, etc. etc. are growing like mad, and people are buying there because prices are much lower.

Other people are now going to be priced out of the market due to the increase in interest rates. Each 0.25% increase in interest rate lowers their buying power by $10,000 in the current market (1% increase decreases buying power by 10%.)

That said, there are still many people looking, and many people who can afford to weather the increased price AND the increased interest rate, so while we are seeing the market begin to slow, there are still a good number of people looking for homes, and many that are able to buy them.

I overheard a conversation this weekend between a young couple considering buying a home yet worried if and/or when the housing market may crash. 😕

Although I have extreme empathy for those of you who may be concerned about this, as this was the most recent experience we all faced with the last recession… THIS TIME, the conditions are very different!

Instead of taking my word for it, I decided to use a recent quote from an industry expert!

I hope this helps give peace of mind to those still wondering.

04/26/2022

Just listed today.

3571 SE Midvale Dr. in Corvallis
3 bedroom
2.5 bathroom
Large upstairs bonus room over garage
Solar PV system
Formal living room and great room/kitchen/dining room

04/24/2019

New listing live today in Albany. Wonderfully well kept home in an all age park and pets are allowed. Fully fenced yard, new flooring and counters in the kitchen and master bathroom. Lots of extra space in this over 1700 sq ft home.

Huge spacious home in an All age park in Albany. Large master bedroom split from three other bedrooms, updated flooring andcounters in kitchen and large master suite bathroom, fully fenced backyard on the outside edge of the park with patio and twostorage sheds. Central AC, vaulted ceilings, open fl...

09/10/2016

If you're in the ALBANY area today, you have a little more time today to go by and taste test some grilled goodies, bacon, and check out grills at Coastal Farm.

Don't forget to swing by the 2nd Annual Northwest Thrill of the Grill Cook Off today at your Albany Coastal! Free samples, huge savings and you choose the Winner!

02/11/2016

It's that time of the year! Clean out your closets, garages and sheds and get rid of the nasty stuff that's been lingering around your home for far too long.

Don't forget, this Saturday from 9am-2pm, Republic Services will be holding a Household Hazardous Waste Event at their Corvallis location. Enter from the recycle depot off Belvue Ave. Free to residential customers, commercial customers must make an appointment. Accepted materials include: paint & wood treatments, cleaners & degreasers, inks & plating wastes, herbicides & insecticides, antifreeze & batteries, thinners & solvents, photographic chemicals, fertilizers & pesticides, laboratory chemicals, fluorescent tubes and CFLs, other hazardous products labeled: Flammable, toxic, poison, danger, warning, caution.

08/27/2015

New listing in Albany tomorrow!

New listing going live tomorrow!