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Introducing the Active Rain Realtor Nationwide Survey - Southern Oregon

By
Real Estate Broker/Owner with Grants Pass, OR 199909023

Introducing the Active Rain Realtor Nationwide SurveyIntroducing the Active Rain Realtor Nationwide Survey - Southern OregonLooking back in my rear view mirror this week, I realized that the Grants Pass Southern Oregon real estate market has taken a turn for the better.  Entry level homes, priced from $150K - $200K are receiving immediate offers, and sometimes multiple offers.  This is something we haven't seen in years.  Even the $200K - $300K properties on acreage are moving again.  This seems to be the market that most out-of-state Buyers want.  Unfortunately, the higher end properties are not flipping like they used to. 

What does this mean for the Grants Pass Southern Oregon Real Estate market?  Good news!  The National Association of Realtor's Chief Economist, Dr. Yun, says that prices nationwide are stabilizing and we are moving out of the recession.  National statistics seem to agree with his statement.  With interest rates still low, and prices much lower than they were even 3 years ago, it is still a great time to buy real estate. 

I welcome your calls and inquires regarding Grants Pass Southern Oregon Real Estate!

Posted by

Mel Peterson

 Melinda Peterson, ABR, CRS

 Oregon Principal Broker

 Real Estate Cafe LLC

 541-659-1620

 TheOregonDream.com

 

 

Discover Central and Southern Oregon 

Comments (1)

Rich Cederberg
eXp Realty - Albuquerque, NM
eXp Realty Agent Albuquerque

Melinda,

I'm glad to hear your market is still doing well during the post-tax credit season. Hopefully it will continue!

May 23, 2010 01:37 PM