Move Over: Sotheby’s International Realty Is Coming

Recently I made the decision to join an up and coming brokerage on the Oregon Coast: Kamali Sotheby’s International Realty. It wasn’t an easy decision to make after more than 5 years at my previous brokerage but it makes great sense for my business. The power of the Sotheby’s brand, marketing initiatives and media partnerships really set SIR apart from the rest:

Geographically it’s much less of a change, my new office is located 587 Pacific Way in Gearhart. Lots of people scratch their heads when I tell them my office is in Gearhart… For me it’s pretty simple, I focus on selling real estate from Gearhart to Astoria. Being located in Gearhart saves me lots of time traveling up and down Hwy 101 in the Summer months and it’s only 10 minutes from downtown Astoria. Plenty of people with an Astoria address live further from downtown than that.

If you’re out and about feel free to stop in and check out my new office.  Here’s a sneak preview

kamali sothebys international realty in gearhart oregon

preview of the Gearhart office

Top 5 Astoria Oregon Homes Sold in 2011

1656-jerome-astoria-or.jpgAs I was researching and compiling data for the 2011 Astoria Oregon Real Estate Market Report I thought some highlights might be interesting. All Astoria Oregon homes on this list closed escrow in 2011, information was gathered from the Clatsop MLS.

I determined my top 5 from the highest sales price only. This of course doesn’t include any sales of commercial properties or other homes not reported in the MLS.

[Read more...]

2011 Astoria Oregon Real Estate Market Report [download]

As we begin the new year let’s take a quick review of the Astoria Oregon real estate market for 2011.

We didn’t see big changes in 2011 compared with the previous year, mostly more of the same. The overall number of listings in Astoria did decrease a little (a good thing) while the overall number of sales and the respective sold prices also decreased a little (not a good thing).

Many metro areas around the county that were leading indicators of the coming collapse back in 2006 are beginning to show signs of price stabilization and decreased inventory levels- all signs that point to a recovery of some kind. While nobody can accurately predict what a recovery looks like or when one might occur in the Astoria area I do believe we are getting closer. The next 6 months could be rough as a surge of bank owned properties hit the market but once those are cleared out (sold) there’s a good chance the second half of next year will begin to look brighter. [Read more...]

Consumer Real Estate Survey- 2011 Edition

If you have 3 minutes I would really appreciate your feedback.

2011 Astoria real estate blog reader survey

Record Foreclosure Inventory in Nov.

astoria oregon foreclosure listings for sale

Since 2006 there’s always been a handful of bank owned homes for sale at any given time.

They come in waves it seems…

Well, we’ve just been hit by a tsunami. The number of bank owned homes for sale in Astoria and Clatsop County has doubled in the past year. It skyrocketed over 30% in November alone.

What caused the huge increase last month? [Read more...]