If you are not active in the real estate market, you might have missed something kind of big.  It is not a buyer's market if you are trying to buy a home under $200,000.  It is rare to find a home that has not gotten multiple offers or sold immediately if priced right.

We have about a 4 1/2 months supply of homes on the market in the Ashland, Medford area.  A six months supply is an average market.  More than that is a seller's market and less than that a buyer's market.  This is the average.  If you are a buyer right now in this price range, you already know this.  How many homes have you written an offer on and did not "win"?

Also I am finding that many time the offer is for over the listed price!! It is almost like 2004-2005 in this price range.

Sorry to say, though, once you get over $300,000, this all changes....and if you are over $500,000...Well it is not much different than 2008.

The time to buy was 6 months ago.  Sorry all of you that were waiting for the bottom.  You missed it if you were looking under $200,000.