Gresham, OR

Looking for a dentist in Gresham? Look no further than Jeremy Archibald DDS! This last week was a little tough for me as I needed some dental work and the dentist I used to use moved to a new city and I was unable to use him.

But, lucky for me, I knew Jeremy Archibald DDS and his wife Stephanie and their wonderful family. I gave Dr. Archibald a call and the next morning I had an appointment and it was well worth the call. When I got to the office, I was greeted by his wonderful staff and quickly was given some paperwork to fill out and even with that, I was in and out of the office in less than 45 minutes.

Now, one thing I loved about Dr. Archibald’s office was when they do an X-ray it was quick, no long painful shot and then a 10 minute wait for it to develop. Dr. Archibald’s office has a newer X-ray that takes the shot and before you can even turn your head it appears on the screen. (That alone probably cut 30 minutes off my office visit)

So, if you are looking for quick and gentle dental care, please do yourself a favor and call Jeremy Archibald DDS a call at 503-665-7017, you will love the service and your smile! Also, if you go during the month of December, thank Stephanie for the wonderfully decorated office. (Love you Dr. Archibald, but I know who did the decorating!)

Looking for a dentist in Gresham? Look no further than Jeremy Archibald DDS!

I know these statistics can be a bit "dry" reading, but there really is a wealth of information here for the savy investor and armchair market quarterback. Sit back, read & enjoy! ;>)

Best Regards,

Donn Rasch
Broker, CDPE
RE/MAX equity group, inc.
Clackamas, Oregon
503-658-5000

Gresham, Oregon 97080 & 97030 Zip Codes - 12 Month Market Trends & Stats 12/1/2009-11/30/2010

Detached Single Family Homes
There were 552 detached residential homes sold in the last 12 months.
The average sales price was $227,662.
The average days on market was 127.

196 sold with conventional financing.
227 sold with FHA financing.
84 sold for cash.
36 sold with VA financing.
4 sold on contract.
3 sold were other.
1 sold lease option.
1 sold USDA

170 of the homes sold were bank owned.
60 of the homes sold were short sales.
Total distressed home sales were 41.67% of the detached home market in the last 12 months.

There are currently 408 detached residential homes listed for sale.
Based on last months sales there is approximately 8.9 months of inventory.

Attached / Condo Homes
There were 93 attached / condo residential homes sold in the last 12 months.
The average sales price was $130,359.
The average days on market was 151.

26 sold with conventional financing.
34 sold with FHA financing.
29 sold for cash.
3 sold with VA financing
1 sold on contract

34 of the homes sold were bank owned.
10 of the homes sold were short sales.
Total distressed home sales were 47.31% of the attached / condo home market in the last 12 months.

There are currently 94 attached / condo residential homes listed for sale.
Based on last months sales there is approximately 13.4 months of inventory.

Gresham, Oregon is located just east of Portland. Gresham residents enjoy a superb quality of life, with abundant opportunities for community involvement, culturally diverse community events and readily available urban amenities and recreational opportunities. Outdoor enthusiasts will find ample opportunities for outdoor fun in and around Gresham. Hundreds of camping options lie within a short drive of Gresham, from primitive tent-only sites to full-service campgrounds with boat launches and equestrian facilities. The Gresham area offers a wide variety of tourist activities and shopping opportunities for residents and visitors.

Take a short trip to the nearby scenic Columbia River Gorge or Mt. Hood National Forest for spectacular views and outdoor activities. If your plans involve shopping, stop by the city's farmers market or one of downtown Gresham's one-of-a-kind boutiques. Or head to Gresham Station to browse over 50 nationally known shops and restaurants.

Estimated population 101,015 (2009 Portland State University Population Research Center estimate).

As of 4/20/10 there were 455 active, detached residential listings in the city of Gresham, Oregon shown in the Regional Multiple Listing Service.

Listing prices range from $120,000 for a 3 bedroom, 2 bath, short sale built in 1972 with 1,174 sqft.

To $1,450,000 for a 3 bedroom, 3.5 bath dayranch built in 2000 with 4,757 sqft and situated on 9.73 acres. Home includes an additional 1,400 manufactured home. Land in UGB, Pleasant valley plan, R5/R10 zoning.

The majority of properties are in the $155,000 to $575,000 price range.

26 of the listed homes show as being bank owned (REO) foreclosures. 104 of the listed homes show as being short sales, where more is owed on the home than the anticipated market value. These statistics reflect that distressed properties compose approximately 28.57% of the listed market in Gresham, Oregon.

There are currently 115 properties listed with 3 bedrooms and 2 bathrooms ranging from $120,000 to $513,000. After removing the top and bottom 10 listings each, we come up with 95 homes ranging in price from $169,000 to $334,000. With the average list price being $227,466 with an average of 1,607 sqft.

At 5% interest rates and a definite buyer's market mentality it is a great time to negotiate a deal of a lifetime on your "Dream Home". Give me a call today for personal attention and a "get it done" attitude!

Best Regards,

Donn Rasch
Real Estate Broker, CDPE
State Licensed Appraiser
RE/MAX Equity Group, Inc.
503-658-5000
http://equitygroup.com/drasch

According to Zillow, we are seeing a leveling out of home values in the Portland area. Could we be seeing the end in sight? Read the rest at the Portland Examiner. Your comments on the article are welcome.

WOW! Talk about some government action that actually looks like it will help. In Oregon, starting today, there is a new foreclosure law that give home owners a fighting chance to save their homes.

Read the full article here at the Portland Mortgage Examiner.

http://www.examiner.com/examiner/x-23435-Portland-Mortgage-Examiner~y2009m9d29-Oregonians-facing-foreclosure-have-a-new-shot-of-hope-and-its-called-Senate-Bill-628

The sun will come up tomorrow, bet your bottom dollar!