Seller’s Market under $200k—but not over

I’ve been looking at the added sales volume we have had in the Rogue Valley lately, and hearing stories (and experiencing) multiple offer situations. It has been feeling like a seller’s market in many ways. However, it all seems to be in the lower price range. So I just ran a few numbers.
For the record…the [...]

May Stats Are Here

With every set of statisics I run or receive there is always good news….and there is always some bad news. That is the nature of real estate. What is good for sellers, is not necessarily good for buyers…and vice versa.
That being said…it appears that we are approaching a point in the market where the two [...]

By the numbers–short sales and REO’s

In the last 3 months in Jackson County

384 total sold residential properties
125 sold REO properties
35 sold Short Sale properties
Median price of REO/short sale properties is 20% lower than non-duress properties

Total 42% of the sold market is REO/Short sale
In the last 3 months in Ashland

39 total sold residential properties
4 sold REO properties
2 sold Short Sale properties

Total 15% of the [...]

Ashland and Medford Oregon Real Estate Stastics show the Bottom of the Market Is Now

Okay, that headline was just meant to get you into the blog to read it. It is not really possible to know when the bottom of the market is, until 6 months after it has come and gone.
 
I will try to figure out a better way to insert graphs into my blog. However, if you [...]

Now is the time!!!

Well, the election is finally over, and I can concentrate again on real estate. It is a relief to know who the next president is going to be, and be able to focus on what Obama’s policies are going to do to the housing market.
I have been watching this one house in Ashland that has [...]

New Property Tax Info for Jackson County is Out

 The information in this blog is provided courtesy of Jamie Baker, now of Ticor Title. It is mainly taken from an email that she sent out to Realtors in Ashland. But it is very good information.

 

 
 

2008/2009 Taxes have rolled for Jackson County!
 
(Ashland taxes have gone down!)
 

 

I just wanted to let you know that the 2008/2009 [...]

Bigger is not necessarily better

 
I have pasted a piece the article below from the Wall Street Journal about cottages being in vogue.
For many years now I have been touting the charm, and ease of having a little less square footage, and a quaint design. I have been looking for a magazine that focuses on small spaces, and what to [...]