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Southern Oregon Equity Sales, Foreclosures, & Short Sales

By
Real Estate Broker/Owner with Hokanson Realty & Jared Realty Group

The statistics were just released for the quarter ending 9/30/10 for the Medford Oregon, Jackson County area of Southern Oregon. 

56.5% of of the residential properties that sold from July 1, 2010 through September 30th, 2010 were "equity sales." 

43.5% of the sales for the same quarter were foreclosures & short sales. 

If you or someone you know is looking to buy or sell in Southern Oregon, please call, text, or email Jared Hokanson at RE/MAX PLATINUM for a free consulation.

Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

You appear to have a higher proportion of distressed sales down there.   Must be your proximity to California.

Oct 07, 2010 10:01 PM
Dan Edward Phillips
Dan Edward Phillips, Humboldt and Del Norte Counties, CA - Eureka, CA
Humboldt and Del Norte Counties, CA

Good Morning Jared, that is a very high figure, I did not realize it!

Oct 07, 2010 10:06 PM
Jared Hokanson
Hokanson Realty & Jared Realty Group - Medford, OR
Your Home Sold, GUARANTEED!*

Jim  & Dan - We have been consistently in the 40% - 50% for a couple years now.  The county notices of default are at a record high this year as well, which seems to indicate they will not be letting up any time soon.

Oct 08, 2010 05:25 AM