
PRICE JUST REDUCED $ 100,000!
Panoramic Ocean views await lucky new owner's of this beautiful Seeborg custom home located in the private gated community of Surf Pines. Spacious great room floor plan allows for ease in entertaining while enjoying ocean views from the comfort of your home. Appointments include: fireplaces in the living & dining rooms, hardwood flooring, wooden beams, Andersen windows, deck for summer bbqs, lower level guest suites & so much more.
View The Virtual Tour At: www.obeo.com/496742

Recent Price Adjustment = One Great Price!
Gorgeous Custom Ocean View Home will absolutely steal your heart! Dream kitchen is a symphony in wood with wide plank coastal maple floors, custom maple cabinetry, soapstone counters, Dacor & Jennair appliances, island with prep sink & so much more! Luxurious master suite offers peaceful retreat with double sided gas fireplace, private alcove, travertine floors, shower & spa tub. Professionally designed outdoor spaces complete this lovely home. You can have it all!
View The Virtual Tour At: www.obeo.com/519424

Just thought that I'd provide you with a status update on our current market conditions. The number of active listings are continuing to fall! At the present time, there are currently a total of: 563 532 (down 31 listings since last reported in 9/09)active residential listings. This is a significant decline vs. this time last year when there were roughly 750 residential homes for sale. A far cry from the 2004-2005 inventory levels of: 150 to 165. It actually took until 1/06 to build our residential listings to a high of: 200! Needless to say, a happy medium would be greatly appreciated by all!
Inventory will continue to decline over the next several months. I strategically align my property listings to expire at year end. My goal is to give the listings a rest over the winter and re-list in the spring when there's a resurgence of buyer interest.
According to The Institute for Luxury Home Marketing formulas, the following trends have emerged:
Clatsop, OR. MLS: The average price for a residential luxury home in Clatsop County was: $ 490,000 for the time frame of: 9/25/08 through 9/25/09. This figure is calculated by review of all closed sale for that time frame & represents the top 10% of sale for the market. Anything sold at: $ 500,000 and above would be considered an "upper tier" listing. This number has adjusted significantly from the previous sales cycle of: 9/25/07 through 9/25/08 that reflected a average luxury home sales price of: $ 659,950.
Evidence shows that the economy has had a huge impact on upper tier sales in this resort destination community where purchase of secondary homes drives the marketplace conditions.
I was raised to be a nice girl. You know the one that respected her elders, didn't talk back & all of that. Imagine the epiphany that I had at the young age of 23. I was diligently working two jobs for a year & a half to make ends meet when a business man actually lied to avoid paying my commission. It was beyond my comprehension that a man in the business community would actually lie to avoid paying my commission. As a distraught young professional, I called my father to ask why he hadn't prepared me for this life lesson. Life Lesson # 1. People, even professionals, have the capacity to lie, steal & cheat!

As I'm sure that most real estate agents will attest, the Obama First Time Home Buyer Tax Incentive has stimulated the real estate market, ggiving a much needed boost to the sluggish real estate marketplace. Inventory levels are dropping as a result of this and several other factors. Wouldn't you know that it's now coming to light that there's been an excess amount of fraud. Luke Mullins of U. S. News & World Report (10/22/09) reported the following, " Using computer programs & other means, a Treasury Department inspector general has identified more than 90,000 cases totaling more than $ 600 million in questionable first-time home buyer claims, while flagging shortcomings in the Internal Revenue Service controls." It appears that one of the more flagrant claims was made on behalf of a 4 year old. The article goes on to report that the inspector general has found at least 580 taxpayers under the age of 18 filing for the tax credit. One would have to then surmise that secondary home buyers are filing, along with others who have the capacity to dummy up documents or even be brazen enough to claim the credit without any documentation at all. Net/net, this once again catches me off guard. Who woulda thunk? Certainly, not the criminally naive!!!
As with all programs, there needs to be refinement, revision & reassessment. Does the IRS have enough manpower to monitor & review these claims? If not, why not? Let us all hope & pray that the political forces against the program will stop long enough to realize that this program has been effective, revisions are warranted & that more support is needed to monitor the claims. Let us all pray that those who practice fraud will get their just desserts, sooner vs. later. Let us stand strong as a real estate community and fight for the tools that we need to survive!
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