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97601 : Real Estate Advice

  • All11
  • Local Info2
  • Home Buying5
  • Home Selling0
  • Market Conditions2

Activity 9
Mon May 2, 2016
Heathercalk answered:
look on web for individual development accounts Oregon. you can find wher in your area runs this govt program. you basically take some financial planning classes, save $2,000 and they give you back $6,000 for a downpayment, free money, go get it ... more
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Thu Jan 21, 2016
Cutlerirvin answered:
I've a question. I'm looking to buy in K-Falls also but this question program kept saying no such town. How did you get in it using Klamath Falls? Sorry I don't have help for your question, really am! ... more
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Thu Aug 29, 2013
Karl Kennedy answered:
Trulia is almost always wrong on the house. I find they are almost always 2-3 houses off and usually across the street. I think they must let the internet select the location.
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Fri May 25, 2012
Lana Lavenbarg answered:
Are you willing to come to Grants Pass, OR? I have worked with a lot of buyers that have completed a home purchase with a VA loan. Let me know how to help!
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Mon Oct 10, 2011
Lana Lavenbarg answered:
That is true = nothing came through with this to tell me which property you are asking about. If you let me know which one it is I might be able to tell you!
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Fri May 1, 2009
Dirk Knudsen answered:
Get a new lender. In the age of Obama and alternative energy I would find it very hard to believe indeed that this would not be allowed and it is common place in an area like this.

Kim gave some sound advice on here. Give her and her staff a call and find out first hand what is possible.


Dirk Knudsen
Re/Max hall of Fame
... more
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Fri May 1, 2009
Kim Swagert answered:
Values are specific to the neighborhood, demand for that type of home, and many other factors. Home prices have adjusted over the past few years, and in general have come down. If there is a particular type of property you are interested in purchasing or selling, I can give you a more specific market analysis of the value.
I hope this is helpful. Take care.
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Thu Feb 19, 2009
Kim Swagert answered:
Hi Rosemarie,
You are correct that resort property would likely be of more value than non-resort property. You probably paid more for it when you purchased it, and you could sell it for more than traditional homes. However, the resort property has declined about the same amount as non-resort property in Klamath Falls. Our median home price for properties located in the city and suburbs fell 23% over 2009.

We have no sold properties at the Running Y so far in 2009 to compare with. However, in 2007 the average sales price was $517,845 vs. 2008 average sales price at $584, as far as price goes, it went up. However, in 2007 12 homes were sold, and in 2008 7 homes were sold, so it's getting tougher to sell in our current market. There are presently 25 active listings at the Running Y right now, with an average list price of $578,975. These are for Running Y homes - not including condo's, chalet's, etc., and includes the Ranch View homes, which are typically lower-priced than the custom homes.

The current outlook is for prices to continue to fall in Klamath Falls real estate as more foreclosures hit the market. However, with all the stimulus bills floating around, and historically low interest rates, the market should stabilize by the end of the year.

If you'd like detailed statistics on the Klamath Falls housing market, feel free to visit my website at and click on the "Monthly Market Stats" button to your left.

I hope this is helpful. Feel free to contact me at with any questions.
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Mon Mar 31, 2008
Linda Kalus answered:
We are still making a living. It is a great time to Buy
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