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.

Panoramic ocean views awaits buyer looking for an investment opportunity/beach retreat that can pay high dividends. Easily accessible 1st floor unit is currently an active vacation rental with on-site management. This totally remodeled unit has been tastefully updated & boasts sumptuous new furnishings! Be sure to view the virtual tour!
View The Virtual Tour At: www.obeo.com/544132

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

Built Standard into this architecturally designed home are features that other builders charge as upgrades. This home's endless amenities include: a grand foyer flanked by decorative columns, epicurean kitchen with high end appointments, gleaming hardwood flooring, light-filled rooms, expansive entertaining patio, a dog washing station & more await those with discriminating tastes.
View The Virtual Tour At: www.obeo.com/550952

Gearhart custom home located creekside in the highly desirable Shamrock Pines subdivision has much to behold.
Appointments include: great room floor plan, den, hardwood flooring, custom cherry entertainment center & custom cabinetry, decorative columns flanking the dining room & loads of architectural detailing.
An entertaining deck with 8-person hot tub, professionally painted interior, 3-car garage & home warranty policy and more await lucky new owners!
View The Virtual Tour At: www.obeo.com/558293
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