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Dave Pautsch, REALTOR, CRS

Real Estate Talk Market Update -02 May 2009 (Albany, Lebanon, Corvallis, Oregon)

Modified statistics, starting 11 April, 2009SOLD statistics no longer include any pending data.

Albany

  • SOLD (past 90 days) - 103
    • Average price - $192,961
    • Median Sale Price - $178,750
    • Average Days on the Market - 137
    • Average Dollar per Square Foot - $121.45
  • Current Active Listings - 355
    • Average Price of Active Listings - $222,542
    • Months of Inventory - 10.24
  • Pending/Contingent Sales - 62 / Value $11.99 million
    • Total Contingent- 34
    • Total Pending - 28

Corvallis

  • SOLD (past 90 days) - 59
    • Average price - $277,014
    • Median Sale Price - $265,000
    • Average Days on the Market - 145
    • Average Dollar per Square Foot - $160.98
  • Current Active Listings - 224
    • Average Price of Active Listings - $328,260
    • Months of Inventory - 11.39
  • Pending/Contingent Sales - 59 / Value $17.6 million
    • Total Contingent- 45
    • Total Pending - 14

Lebanon

  • SOLD (past 90 days) - 21
    • Average price - $139,483
    • Median Sale Price - $127,300
    • Average Days on the Market - 121
    • Average Dollar per Square Foot - $108.49
  • Current Active Listings - 162
    • Average Price of Active Listings - $168,539
    • Months of Inventory - 23.14
  • Pending/Contingent Sales - 30 / Value $5.5 million
    • Total Contingent- 14
    • Total Pending - 16

Last show: Saturday, May 02- Just Dave. New appraisal procedures for many lenders, understanding desk reviews and about "declining markets." Also, tips on pricing strategies for sellers and the future of the mid-valley housing market.

Upcoming Guests Scheduled:

May Guests:

  • Thursday 7 May - Melanie Adams, City of Albany Building Department
  • Saturday 16 May - TBD - Jason Cadwell; Short Sales and Foreclosures
  • Thursday 21 May - Real Estate Roundtable and "It's MY Buyer's Market" Workshops
  • Saturday 30 May - TBD

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included)

For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update - 28 February, 2009 (Albany, Lebanon, Corvallis Oregon)

Months of Inventory Calculation based on the rate of sales/pending sales in the previous 90 days.

Albany

  • SOLD/Pending (past 90 days) - 111
  • Average price - $138,170
  • Median Sale Price - $170,606
  • Average Days on the Market - 113
  • Average Dollar per Square Foot - $120.64
  • Current Active Listings - 348
  • Average Price of Active Listings - $234,429
  • Months of Inventory - 9.41

Corvallis

  • SOLD/Pending (past 90 days) - 63
  • Average price - $248,071
  • Median Sale Price - $267,500
  • Average Days on the Market - 119
  • Average Dollar per Square Foot - $158.61
  • Current Active Listings - 220
  • Average Price of Active Listings - $325,626
  • Months of Inventory - 10.48

Lebanon

  • SOLD/Pending (past 90 days) - 35
  • Average price - $99,671
  • Median Sale Price - $152,500
  • Average Days on the Market - 109
  • Average Dollar per Square Foot - $109.74
  • Current Active Listings - 157
  • Average Price of Active Listings - $178,938
  • Months of Inventory - 13.46

Last show: Saturday, February 28, (*tentative) Shelly Garret, Lebanon Area Chamber of Commerce will be in to talk about the economic outlook for Lebanon.

Upcoming Guests Scheduled:

March Guests

Thursday, March 5 - Amanda Dalton, Shared Government Affairs Coordinator for the 5 Regional REALTOR® Associations - REALTOR® Day at the Capitol and an overview of some of the current legislative issues that affect home ownership

Saturday, March 14 - TBD

Thursday, March 19 - Chip Cummings, Author of CASHING IN on Pre-Foreclosures and Short Sales - A Real Estate Investor's Guide to Making a Fortune - Even in a Down Market

Saturday, March 29 - TBD

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update - 14 February 2009 (Albany, Lebanon, and Corvallis, Oregon)

Months of Inventory Calculation based on the rate of sales/pending sales in the previous 90 days.

Albany

  • SOLD/Pending (past 90 days) - 120
    • Average price - $144,650
    • Median Sale Price - $174,000
    • Average Days on the Market - 116
    • Average Dollar per Square Foot - $121.11
  • Current Active Listings - 360
    • Average Price of Active Listings - $231,112
    • Months of Inventory - 9.00

Corvallis

  • SOLD/Pending (past 90 days) - 66
    • Average price - $220,029
    • Median Sale Price - $249,500
    • Average Days on the Market - 108
    • Average Dollar per Square Foot - $158.06
  • Current Active Listings - 207
    • Average Price of Active Listings - $327,017
    • Months of Inventory - 9.41

Lebanon

  • SOLD/Pending (past 90 days) - 39
    • Average price - $118,776
    • Median Sale Price - $145,750
    • Average Days on the Market - 126
    • Average Dollar per Square Foot - $108.70
  • Current Active Listings - 167
    • Average Price of Active Listings - $182,019
    • Months of Inventory - 12.85

Last show: 14 February - Dave's overview of strategies for buyers and sellers in today's dynamically changing housing market and a review of some of the components of the Stimulus Bill that will affect real estate on a national, and local level

Upcoming Guests Scheduled:

  • February Guests
    • Wednesday, February 18 - Ken Marshall, Corvallis Realty and Investment on commercial projects and rehabs
    • Saturday, February 28, (*tentative) Shelly Garret, Lebanon Area Chamber of Commerce will be in to talk about the economic outlook for Lebanon and
  • March Guests
    • Thursday, March 5 - Amanda Dalton, Shared Government Affairs Coordinator for the 5 Regional REALTOR® Associations - REALTOR® Day at the Capitol and an overview of some of the current legislative issues that affect home ownership
    • Saturday, March 14 - TBD
    • Thursday, March 19 - Chip Cummings, Author of CASHING IN on Pre-Foreclosures and Short Sales - A Real Estate Investor's Guide to Making a Fortune - Even in a Down Market
    • Saturday, March 29 - TBD

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

For more information, contact Dave at realestatetalk@kgal.com.

Market Update for 29 January, 2009 (Real Estate Talk 1580AM - Albany, Lebanon, and Corvallis Oregon)

Months of Inventory Calculation based on the rate of sales/pending sales in the previous 90 days

Albany

  • SOLD/Pending (past 90 days) - 127
    • Average price - $151,249
    • Median Sale Price - $174,000
    • Average Days on the Market - 119
    • Average Dollar per Square Foot - $119.79
  • Current Active Listings - 367
    • Average Price of Active Listings - $233,884
    • Months of Inventory - 8.67

Corvallis

  • SOLD/Pending (past 90 days) - 74
    • Average price - $209,227
    • Median Sale Price - $243,000
    • Average Days on the Market - 100
    • Average Dollar per Square Foot - $161.61
  • Current Active Listings - 206
    • Average Price of Active Listings - $322,615
    • Months of Inventory - 8.35

Lebanon

  • SOLD/Pending (past 90 days) - 42
    • Average price - $126,113
    • Median Sale Price - $145,750
    • Average Days on the Market - 119
    • Average Dollar per Square Foot - $111.08
  • Current Active Listings - 144
    • Average Price of Active Listings - $183,629
    • Months of Inventory - 10.29

Last show: Thursday 29 January - Grayson Fidler, Grayson Fidler Construction will be Dave's guest to discuss new construction with a custom builder, remodeling and upgrading your current home, and new legislation in Oregon regarding energy standards. *Encore airing on Saturday 31 Jan.

Upcoming Guests Scheduled:

5 Feb - Chris Ingraham, VP of Sales for DR Horton. Chris will be talking with Dave about the big Grand Opening at the newest North Albany neighborhood - Benton Woods.

Later in February - Shelly Garret, Lebanon Area Chamber of Commerce will be in to talk about the economic outlook for Lebanon and Ken Marshall, Corvallis Realty and Investment on commercial projects and rehabs

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

For more information, contact Dave at realestatetalk@kgal.com.

Real Estate Talk Market Update - 03 January 2009 for Oregon's Mid-Willamette Valley (Albany, Lebanon, and Corvallis)

Months of Inventory Calculation based on the rate of sales/pending sales in the previous 90 days

Albany

  • SOLD/Pending (past 90 days) - 124
    • Average price - $169,232
    • Median Sale Price - $175,000
    • Average Days on the Market - 111
    • Average Dollar per Square Foot - $118.89
  • Current Active Listings - 363
    • Average Price of Active Listings - $236,879
    • Months of Inventory - 8.78

Corvallis

  • SOLD/Pending (past 90 days) - 79
    • Average price - $241,427
    • Median Sale Price - $252,696
    • Average Days on the Market - 102
    • Average Dollar per Square Foot - $165.03
  • Current Active Listings - 187
    • Average Price of Active Listings - $317,815
    • Months of Inventory - 7.10

Lebanon

  • SOLD/Pending (past 90 days) - 43
    • Average price - $130,183
    • Median Sale Price - $147,675
    • Average Days on the Market - 122
    • Average Dollar per Square Foot - $113.06
  • Current Active Listings - 142
    • Average Price of Active Listings - $181,673
    • Months of Inventory - 9.91

Last show: January 3 - The Year that Was - 2008. An overview of the past year and a highlighting of some of the important concepts that you need in understanding what is going on in the housing market in the mid-Willamette Valley today.

Upcoming Guests Scheduled:

  • January 10 - Bryan Milligan (Pacific Residential Mortgage) Taking a Loan Application. What information do you need to have? Documentation requirements...and more importantly understanding why you need to have a great deal of trust in the person to whom you are giving some very personal financial information.
  • Thursday January 15 - Real Estate Roundtable. Monthly panel discussion on the local real estate market. Guests TBD.
  • Saturday 24 January - Kelly Gardner (Pinnacle Mortgage) Refinancing ABC's. Interest rates are incredible right now - should YOU consider refinancing your current mortgage? How to decide and how the process works. Kelly will be here to help you make a good decision.
  • Thursday 29 January - TBD (Tentatively - Grayson Fidler, Fidler Construction will be Dave's guest to discuss remodeling options).

Are you a First Time Home Buyer? Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

For more information, contact Dave at realestatetalk@kgal.com.