Common sense tells us that the lower the price, the more people who are in the market looking to buy. Some statistics that I just got demonstrate what price ranges are being searched by consumers. These are numbers provided by the major players, Zillow, Trulia, Realtor.com, etc. Last month, there were 28,171 views of 3 [...]
No Comments. Continue Reading...I know I usually don’t report on Eagle Point homes for sale. But I am looking at property out there for a client of mine, and finding some interesting statistics. There are currently 4 houses for sale in Eagle Point for less than $200,000. There are 16 pending sales, and so far this year an [...]
No Comments. Continue Reading...Well, if you were looking to time the bottom of the market to buy a home, I think we found it about 6 months ago. All indications point to increasing prices. The most drastic one is the lack of inventory right now. There is a 3.5 month supply of houses to buyers right now. [...]
2 Comments. Continue Reading...So if you are out in the local real estate market in Jackson County right now…and say shopping for a house under $200,000. You may have notice something. There are multiple offers on almost every house. Why is this? Well, it comes down to that basic economic principle of Supply and Demand. Currently in Jackson [...]
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What everyone’s afraid to ask….OR….. The “How’s the Market” Blog Another year has passed in the great recession that we all are going through. It has been a tough time financially for many of us. Being a real estate professional, I still get asked how the real estate market is, although admittedly not as often [...]
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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 [...]
No Comments. Continue Reading...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 [...]
No Comments. Continue Reading...Pending sales are up nationally as the rebound from the “end of the tax credit” has worked its way through. I listen to a podcast from NPR called Planet Money. They do a great job of making the financial news that we all keep hearing about, whether from the government, banks, or Wall Street, etc…make [...]
No Comments. Continue Reading...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 [...]
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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 [...]
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