There were a total of 43 real estate transactions sold/closed in the month of January, 2010 in Yamhill County. The following is a breakdown by town:
McMinnville: 18 Sales $ 7,500 to $555,000
Newberg: 10 Sales $115,000 to $307,542
Dundee: 3 Sales $125,000 to $199,900
Dayton: 2 Sales $250,000 to $360,000
Lafayette: 3 Sales $169,900 to $254,000
Sheridan 3 Sales $ 61,000 to $185,000
Amity: 1 Sale $254,900
Willamina: 1 Sale $135,000
Carlton: 1 Sale $199,900
Grand Ronde: 1 Sale $160,000
If a town/city is not mentioned it is because there were no closed sales for that month in that particular location.
We are seeing a slight rise in upper end activity, this is a good thing and hopefully a trend that will continue.
The first time and extended home buyer credit is about to come to an end and interest rates are expected to start rising soon so if you haven't yet taken advantage of the credit or the low interest rates, now is the time.
Homes must be pending by April 30, 2010 and closed by June 30, 2010. This is a once in a lifetime opportunity and if you miss it, you will regret it.