News & insights

At last week’s Chehalem Heritage Trails Advisory Committee meeting, use recommendations to be made to Chehalem Parks and Recreation District were presented and discussed. These include the separation of the East (cyclists) and West (equestrians) sides with the installation of supporting signage. 

Inventory and Total Market Time Inventory decreased to 2.3 months in December.

CPRD is currently requesting bids (RFQ) to submit plans, costs, and timelines to adopt a master plan. This WILL BE OPEN TO PUBLIC INPUT and posted on the CPRD website.  At this time, there is not a clear timeline for this process.

Comparing the first eleven months of 2022 to the same period in 2021, new listings (35,093) decreased 9.7%, pending sales  (25,721) decreased 23.5%, and closed sales (26,473) decreased 18.5%. Average and Median Sale Prices Comparing 2022 to 2021 through November, the average sale price has increased 7.4% from $571,100 to $613,300. In the same comparison, the median sale price has increased 8.1% from $508,900 to $550,000.

According to the Mortgage Broker Association, rates are projected to be at 5.4% by the end of 2023 and 4.50% the end of 2024, so chances are you can refinance out of higher rates. 

Buying now is likely to net you more equity in 2024 than waiting on the market.

This week the median list price for Wilsonville, OR is $788,975 with the market action index hovering around 59. This is an increase over last month’s market action index of 56. Inventory has decreased to 26.

The threat of wildfire can arrive quickly. As Oregon braces for high winds at the end of summer, here are some basic measures to implement around your home and barn now, and before next year if you haven’t already: Store fuels, pesticides, medicines and other...

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One the most impactful design considerations when building or renovating a horse property will be choosing the stall front and door. Not only do stall doors get frequent use, but they also provide a barn’s eye-level aesthetic and determine an equine occupant’s access...

One of the things we love about the Pacific Northwest is easy access to the great outdoors. Here are our favorite places to camp with horses and hit the trails or the long beach of a wide open ocean! Riley Horse Campground / Ramona Falls West of Mt. Hood and 7 miles...

Dang, it’s hot here in the Pacific Northwest this weekend. Here are three things to order right now to help you help your horses through a heat wave.  Cooling Down the Barn  “Kool Kurtains are a new, technically-advanced product that are scientifically proven to...

  Residential Highlights New listings (4,295) decreased 0.1% from the 4,298 listed in June 2021, and increased 11.5% from the 3,853 listed in May 2022. Pending sales (2,563) decreased 27.5% from the 3,534 offers accepted in June 2021, and decreased 17.9% from the...

In the charts below you will see that borrowing costs have risen 74% since January of this year, the second most significant increase in such a short span in over 30 years. The trajectory is incompatible with market pricing and wages.  Something will eventually give...

The question of value is a function of supply and demand.  Is demand strong enough to absorb the present, or rising, level of available inventory? It seems to be.  The graphs below compare new inventory (listings) and market demand (pending) for the first 19 weeks of...