Salem Home

Salem Oregon

Salem is the capital of the state of Oregon. It is located in the mid-Willamette Valley, between Portland and Eugene. Salem is also known as "Cherry City", because the local cherry growing industry. Salem has been awarded "Tree City USA" status by the National Arbor Day Foundation for 30 consecutive years for its dedication to urban forestry. Salem is also one of the largest centers of food processing in the nation.


Salem Map

Salem Real Estate

The Salem real estate market is growing rapidly. New homes are being built in Salem at a staggering pace. Much of this Salem real estate is built with foreign buyers in mind. Currency exchange rates have made buying real estate in Salem and the US in general much more favorable in the last few years.

Over the last several month real estate prices in Salem has begun to soften a bit. The softening market has prompted some sellers to increase incentives to sales agents and buyers, ranging from increasing sales commissions to reducing pricing. Many believe this presents an opportunity to scoop up hot Salem homes at reduced prices.

The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Salem's real estate market remain sound

Whether you’re considering purchasing Salem Real Estate or refinancing your existing Salem home, our direct lending partners feature just about any imaginable loan program including adjustable rate Salem mortgage loans, fixed rate Salem mortgage loans, zero down Salem mortgages, interest only Salem mortgage loans, no document Salem mortgage loans, and more. Our direct lending partners offer extremely aggressive rates, low closing costs, and quick easy processing in all 50 states.