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 [...]

Sales price to original list price at one year high

One of the statistics I track it what the sales price is in comparison to the original list price. This is different than sales price in comparison to final list price. What one will note in Rogue Valley Real Estate is that the statistics for sales price to the last listed price has stayed pretty [...]

Buyers are like dating

DO NOT READ THIS BLOG IF YOU DON”T UNDERSTAND SILLY. I was having a fun conversation today with a couple of Realtor friends of mine, and I came up with a theory about why I like to work with buyers so much. Working with a buyer is like dating. And since I have been happily married [...]

Latest Foreclosures In Central Point

In the last two days, the latest foreclosures to be listed for sale are in Central Point. *One located on Ester Way and looks like a good bargain. A little over 25oo square feet on 1.78 acres. The house was built in 2001 and currently appears to be owned by Wells Fargo. The price on this [...]

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 [...]

Jackson County Oregon 11 Year Real Estate Statistics

I have finished compiling the stats for 2008, and entered it into the running stats I have for the last 11 years. As you can see, the volume of properties sold in 2008 was by far the lowest it has been in the last 11 years. A total of 1869 properties sold in 2008, which [...]

Short Sales Success in Southern Oregon

I have been tracking for close to a year the properties that are listed as short sales in Jackson county. Short sales for those who don’t know are properties that are for sale that the proceeds of the sale if the seller gets market value are less than what the seller owes on the property. [...]

Jackson County Statistics

These are the statistics of houses that have sold in the last month in Jackson County. If you note, 30% of houses still sell within the first 30 days of being listed….and 68% sell in the first 120 days. This goes to show the importance of initial pricing.   Of the homes that did sell, Jackson [...]

First Time Home Buyers are loved by cool Uncle Adam

I have been looking at the prices of homes in the local market and am seeing the opportunity to get first time home buyers into homes. There are loan programs out there still that help first time buyers get loans. FHA has a good loan that requires only 3% down. There is a Rural Development [...]