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THE ASTORIA BICENTENNIAL CELEBRATION
Did you know that:
Astoria, Oregon was established in 1811 by the John Jacob Astor fur trading party, and became the first permanent U.S. settlement west of the Rocky Mountains.
City leaders began planning for a huge 200th. birthday celebration as early as 2008. Committees have been actively planning for the event, which will include many educational & community-wide events of interest to the entire family. A permanent exhibit at the Heritage Museum will enlighten us on the founding of Astoria, John Jacob Astor & the race for the beautiful Pacific Northwest.
Like many historical venues, this celebration will include lectures, presentations & a full schedule of activities. For more information please defer to the birthday party celebration website at: www.astoria200.org/ I'm sure that you'll want to book mark this wonderful site. We're hoping that you'll join us in celebrating this most historic event.
bookmark the celebration website at: www.astoria200.org We hope that you can join us in celebrating this most historic event. Another site worthy of review would be the Astoria-Warrenton Chamber of Commerce web site at: http://www.oldoregon.com
Following, please find an initial schedule of current activities:
UPCOMING EVENTS
11/22/2009 - 1/22/2010 Bicentennial Song Writing Contest Astoria, OR Astoria Bicentennial Committee Launches Song Writing Contest PRIZE $500. Theme song for all to learn.
12/5/2009 Holiday Dinner & Auction Astoria, OR The Loft at the Red Building, No. 20 Basin St., Astoria, OR. Sat., 12/5/2009, $75.00 per person
12/7/2009 Cultural Heritage Committee Meeting Astoria, OR Invitation to be part of the Cultural Festival Committee to plan a fair for May 21, 2011.
This celeb 12/12/2009 - 12/30/2009 Holiday Tea & Plum Pudding Astoria, OR Flavel House Museum, Astoria, OR Event Fee: $10.00 per person
1/2/2010 - 9/13/2011 Fur Trade Encampment Participants Information Warrenton, OR Fur Trade Encampment information flyerFurTrade.EncampmentFlyer.pdf Encampment GuidelinesASTORIA 4/23/2010
4/25/2010 Astoria Warrenton Crab, Seafood & Wine Festival Astoria
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As you can see from the sales trends above, the highest concentration of sales is in the $ 200,000-250k price range for the second year in a row. The introduction of the First Time Home Buyer's Tax Credit is to be acknowledged for the growth in these market segements. For the first time in many years we're seeing the re-introduction of home listed below $ 200,000. This is due in part to the entry of bank owned properties & short sales. Inventory in our area continues to drop from the record highs of 2008. Continued inventory declines are to be expected through the end of: 2009, when I expect another 100 listings to expire. I'm optimistic that we'll start see signs of a recovery in mid-2010.
Astoria has long been reported as a top Retirement City. Now is the time for those looking to capitalize on some of the many market opportunities.
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Todd
Clark - Broker / Sales Coach
Palazzo Realty Group
Phone: (503)524-9494
Fax: (503)622-8739






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Classic New Contemporary Style Home has it all! Appointments include: large lot with coast range view, sought after 4-bedroom, 3-full bath floor plan, custom cabinetry with granite counters throughout, lower level family room, 3-car garage with shop & so much more!
View More Information At: http://www.postlets.com/repb/2818122
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Zillow.com is reporting that almost 25% of all mortgagors owe more money on their mortgage than their home is worth and that figure may increase to 30% by mid 2010.

Home values dipped in the second quarter from a year earlier in almost 90% of the 161 U.S. metropolitan areas surveyed by Zillow. 23% of mortgage holders were underwater at the end of June, Zillow said. In June, foreclosures accounted for 22% of total U.S. home sales, and 29% of homes sold were purchased for less than what the owner originally paid, according to Zillow.
Is this the the stock market retracement everyone has been expecting?
The indexes are weaker again this morning. If equities are entering a reversal and profit-taking period interest rates will head back lower. Can't be sure of the timing but the stock market is way out in front of reality. However equity markets on rallies generally anticipate economic improvement six months to one year in the future.
Analysts are concerned because unemployment is continuing to increase, consumers have shut down (June consumer credit last Friday fell $10.1B, 2.5 times weaker than expected) and home prices are still declining in many areas.
HUD just announced that starting this week the FHA will refinance troubled mortgages by reducing up to 30% of the principal under the Home Affordable Modification Program.
The FOMC begins its two day meeting this morning. Analysts do not expect changes in interest rates. The Fed has been forecasting a bottom in this quarter and a slow economic improvement. The stock market will be listening carefully to Mr. Ben Bernanke's comments.
Watch Bob Prechter video by clicking here
If you are waiting to lock your interest rate keep a watchful eye!
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