Ashland Summer Not So Hot

This has really been another mild Summer in the Rogue Valley. For an area that has normally seen a handful of 100+ degree days by now, they are nowhere to be seen. This is good news to many who do not like that hot weather…plus good news to keep the forest fires down, and the [...]

Foreclosures Rising

This last week there was an interesting article in the Medford Mail Tribune about a Jacksonville man who won a court case on his foreclosure proceeding, and also a weekend  article in the Oregonian about Foreclosure filings in Oregon being up 236% Together they make an interesting article, but I wished that it was a more NY [...]

Southern Oregon turns Gray

I just wanted to make one quick rant about the weather we are having in Southern Oregon this year. (And had last year too I suppose.) What is up with the extended gray days? Is this a new weather pattern that is going to continue for the next decade? I remember back in the late [...]

Ashland Real Estate Statisics-The lazy edition

Writer’s Block—-I’m going with that as the excuse for my extended absence. To push through the block…I am re-posting a previous blog post, except with all of the numbers current. If you want to see how it compares to the post in September of 2009, CLICK HERE Ashland Oregon Real Estate Statistics as compiled from [...]

An analysis of the effect of the home buyer tax credit

My last newsletter asked the question of what effect did the home buyer government stimulus money have? My answer was I thought that the short term impact was huge. But I was really curious about what the long term impact was going to be. And I concluded last time we’re really just in a wait [...]

Current Foreclosure and Short Sale Stats for Jackson County Oregon

According to the last few months of statistics, the success rate for short sales vs. REOs goes like this: There are 310 properties currently listed as short sales in Jackson County….in the last 3 months there have been 41 successful closes on short sale properties for a median sales price of $164,900. (An average of [...]

Ashland Real Estate is on Vitamin D

The great thing about Spring is that not only does it mean love is in the air…but the people who are looking to buy houses start getting the springtime bug. All Realtors know, and can feel the added buzz that comes with sunny days. Open houses are better attended, the phone rings more, the excitement [...]

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 [...]

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 [...]

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 [...]