Special offer

Medford, OR Real Estate News

By Coldwell Banker Cutting Edge, "Your Proactive, Trusted Real Estate Advisor"
(Coldwell Banker Cutting Edge)
I have a great newly remodeled home in SW Medford it was an REO foreclosure, my clients purchased it and fixed it up. The property closed December 19th 2009, so I get a call yesterday and an agent asks me do we need to wait 90 days to write an offer since her buyer is from an FHA loan?  I personally thought that went away as I read an article about that a couple weeks ago. I called my lender from Wells Fargo and he said the program stopped Feb 1, 2010 and the new rules have not come out yet.  Another question can we write on the property and close after the 90 days if it is still in effect?  Better yet who can explain the 90 flip FHA rule?
Comments 2
By Coldwell Banker Cutting Edge, "Your Proactive, Trusted Real Estate Advisor"
(Coldwell Banker Cutting Edge)
                   These stats were compiled by Southern Oregon Multiple Listing Service   Everyone is interested in the distressed market not because you are happy about it but because it is what everybody seems to be talking about these days. I have stats for Short Sales for Eagle Point, Short Sales for Medford, Short Sales Rogue River, Short Sales Central Point, Short Sales Ashland, Short Sales on every city in Jackson County.  I will list a few but if you are interested in one I did not mention please call me 54184065732. I also have stats for all the REO Foreclosures in Eagle Point, REO Foreclosures in Medford OR, REO Foreclosures in Ashland Oregon, REO Foreclosures in Central Point Oregon, REO Foreclosures in all of Southern Oregon/Jackson County. Lets start with Ashland Oregon-Al...
Comments 3
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
Home With All The Extras!!!Type: Single Family HomeLocation: 2389 Delta Waters, Medford, OR 97504Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bathPrice: $150,000Description: When you come inside this home, you won't believe you're on Delta Waters. Large living room with wood fireplace. Beautiful kitchen with granite countertops, tile floors, dishwater, range/oven, and refrigerator. Separate living room and family rooms. Extra large utility room. Two car garage. New windows. Large backyard.Visit www.TopSouthernOregonAgent.com for more information.Contact Information:Jared HokansonRE/MAX Platinum2594 East Barnett, Suite B Medford, OR 97504Phone: 541-772-7653Fax: 541-734-5559Email: Jared@TopSouthernOregonAgent.com 2389 Delta Waters (google map) (yahoo map)
Comments 0
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
East Medford Real Estate Update 2008 vs 2009 When you are thinking about selling or buying a home in East Medford Oregon, it is important to know what the price of other homes in the East Medford Real Estate Market are priced at and selling for.   Sales 2008 Sales 2009 Days on Market 2008 Days on Market 2009   375 495 105 99             Median Price 2008 Median Price 2009 One Year % Change     $234,900 205,950 -12.3%     If you are interested in selling your East Medford Oregon home for top dollar in the quickest amount of time, please contact me anytime at 541-772-SOLD (7653), or Click Here and send me an email requesting further information.  For a complete list of homes for sale in the East Medford real estate market, including East Medford foreclosures, East Medford short sales, & E...
Comments 0
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
West Medford Oregon Real Estate Update 2008 vs 2009 When you are thinking about selling or buying a home in West Medford Oregon, it is important to know what the price of other homes in the West Medford Oregon Real Estate Market are priced at and selling for.   Sales 2008 Sales 2009 Days on Market 2008 Days on Market 2009   227 354 82 81             Median Price 2008 Median Price 2009 One Year % Change     $175,000 $134,000 -23.4%     If you are interested in selling your West Medford Oregon home for top dollar in the quickest amount of time, please contact me anytime at 541-772-SOLD (7653), or send me an email requesting further information.  For a complete list of homes for sale in the West Medford Oregon real estate market, including West Medford foreclosures, West Medford short sale...
Comments 1
By Gary Swanson
(Century 21 Harris & Taylor)
Congratulations To RE/MAX International CEO! RE/MAX International CEO Margaret Kelly has been named to the Board of Directors of the Federal Reserve Bank of Kansas City - Denver branch. Inman News recognized her as one of the top "most influential Real Estate Leaders" in 2009 and Realtor® Magazine named Ms. Kelly as one of Real Estates' 25 "most influential Thought Leaders." Congratulations Margaret Kelly, that's the way to stay "above the crowd!"  
Comments 3
By Coldwell Banker Cutting Edge, "Your Proactive, Trusted Real Estate Advisor"
(Coldwell Banker Cutting Edge)
The office I work for Chaparral Realty Group in Medford Oregon has just combined offices with Remax Realty Group in Medford to form Remax Platinum!!  WWOOOOO catchy name huh!  =)  We are all Platinum Agents now! I do a lot of SHORT SALES IN SOUTHERN OREGON, REO Foreclosures, BPO Work, Farms, Ranches, Equestrian, Commercial, and Rural Residential work.   I think the change will be great but I already miss the other little office and its location.
Comments 3
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
Southern Oregon Short Sale - Medford Oregon Short Sale Approved & Closed! Amount owed: $271,200 1st with Bank of America $33,900 2nd with Citi   Sold for $182,000   Hardship: Loss of Income   Out of Pocket From Seller to close: $0   The home owner had tried for several months to do a Medford Oregon Loan Modification unsuccessfully.  After a few months of contacting Bank of America to get short sale approval, it was finally approved and the 2nd mortgage issued their approval! If you or someone you know has tried and tried and tried to do a Southern Oregon loan modification, or a  Medford Oregon loan modification on their home in Medford Oregon without success, and don't want to lose your home to foreclosure, there is hope, a Medford Oregon short sale can be a great option. Call or email ...
Comments 0
By Melinda (Mel) Peterson, The Savvy Broker - ABR, CRS
(Grants Pass, OR)
Jackson County Oregon Home Sales Rise.  Existing home sales rose in Jackson County Oregon for the 11th straight month in December. In 2009, 1,800 homes sold in Jackson County Oregon, up from 1,300 the previous year.  The median price for a home in Jackson County fell $39,000 to $186,000, compared to 2008, according to statistics from the Rogue Valley Association of Realtors and Southern Oregon Multiple Listing Service. In January of 2009, distressed homes, which includes Jackson County Oregon foreclosures and short sales, made up half of the market.  Since then, the number has dropped about 10 percent. The good news is, non-distressed home sales are starting to increase, and the First Time Home Buyer Tax Credit, which expires at the end of April, will continue to boost sales for the fir...
Comments 1
By Coldwell Banker Cutting Edge, "Your Proactive, Trusted Real Estate Advisor"
(Coldwell Banker Cutting Edge)
The article says the two components driving the market which are very low interest rates and tax credits will likely be gone by the time summer home buying season comes around. The Federal Reserve reaffirmed this week it plans to end its $1.25 trillion mortgage buying program by the end of March. Rates that have hovered around 5 percent could easily rise to 6 percent or more. The median price for the 1809 existing Jackson County homes sold in 2009 was $186,000 down 17.3% from the 2008 median of $225,000. Distress sales, foreclosures, and short sales accounted for 45.9% of Jackson County's transactions throughout 2009, declinging in the second half. (Medford Mail Tribune 1/29/10) This is unwelcomed news for many agents in Southern Oregon. I don't know the exact numbers but we were at or ...
Comments 0
By Gary Swanson
(Century 21 Harris & Taylor)
Clean and Green Tax Deductions For those of us who have clients making expenditures that qualify for energy savers, we need to know; It must be their principal residence. Includes windows, doors, skylights, water heaters, roofs, biomass stoves, etc. Can deduct 30% of the qualified expenditure up to an aggregate amount of $1,500. To get the full explanation, we can go to www.energystar.gov.  Also, stores such a Home Depot, Lowes, Menards and others will know the rules.  
Comments 1
By Coldwell Banker Cutting Edge, "Your Proactive, Trusted Real Estate Advisor"
(Coldwell Banker Cutting Edge)
I just read an old school book by Mike Ferry, "How To Develop A Six Figure Income in Real Estate." Even though this is written in the stone age in terms real estate life it still has many concepts we should be using today. It had three different levels of programs for us to do in order to be successful. 1. It says know on 10 cold doors a day. (BBBRRRRR sounds awefully chilly to me.) -Talk to 5 FSBO's a week. (But it's hard to get them to return a call.)  Poor Us! -Talk to 5 expireds each week. (Yes I know they re-listed) -Make 20 cold calls. (Boy that too sounds chilly) -Preview 5 agents listings a week. (OK, gas is expensive) Back up to poor us. -Call 20 people a week in your sphere. (I haven't talked to my sphere in forever) UH OH!                                             ANY OF TH...
Comments 3
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
Area Activity 10/1-12/31/08 Activity 10/1-12/31/09 Days on Market 10/1-12/31/08 Days on Market 10/1-12/31/09 Pricing Oct. 1 - Dec 31 1 year change 10/1-12/31/08 Median $ 10/1-12/31/09 Median $ West Medford 43 57 69 50 -16.20% 142,900 $119,810 For all of your West Medford Oregon Real Estate needs, whether buying, selling, traditional, short sale, foreclosure, or REO sale, please contact Jared at 541-772-SOLD (7653).  
Comments 0
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
Area Activity 10/1-12/31/08 Activity 10/1-12/31/09 Days on Market 10/1-12/31/08 Days on Market 10/1-12/31/09 Pricing Oct. 1 - Dec 31 1 year change 10/1-12/31/08 Median $ 10/1-12/31/09 Median $ East Medford 89 143 122 96 -15.90% $220,000 $185,000 For all of your East Medford Oregon Real Estate needs, whether buying, selling, traditional, short sale, foreclosure, or REO sale, please contact Jared at 541-772-SOLD (7653).
Comments 0
By Karen Cooper, Helping Homeowners w/Home Loans in 27 US States
(Karen Cooper | Sr Mortgage Loan Originator ! NMLS # 223305 | First Federal Bank of Florida, Ocala, FL)
When it comes to eating out with our family, our varied tastes lead us toward different choices in local restaurants. Buffet style dining is not usually my first choice, although I’ve experienced some amazing buffets in my time, like those on cruise ships, one on the American River in Sacramento and another in Granada Hills that had such a wonderful Sunday Brunch in a gorgeous setting, we chose that location for our wedding & reception many moons ago.   Tonight, we went to Tin-Tin Buffet in Medford for the first time.  We had heard from family and friends that Tin-Tin Buffet in Medford Oregon is their favorite place to dine, but for one reason or another, we just hadn’t gone there yet. Tonight we did, and boy are we glad!   There was such an amazing variety of dishes to choose from. I t...
Comments 0
By Gary Swanson
(Century 21 Harris & Taylor)
SNAKES ON THE PLAINS? Yes, there and most everywhere else in the Southern United States! If you really want to read something that's more scary than global warming for our immediate future, go the United States Geological Survey website.  Read the survey entitled, "Giant Constrictors." We've all heard about how serious the python and anaconda problem is in Florida, right?  Now experts are predicting this problem to spread north to Maryland, across the Southern USA to California, and up to Southern Oregon. If this problem is not confronted immediately, at the rate these creatures are multiplying, there won't be a dog, cat, child or any being safe from their onslaught anywhere in the south.  Mammals and birds will also be exterminated. Research the island of Cozumel off the Mexican coast,...
Comments 7
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
A Classic & Elegant East Medford Home!Type: Single Family HomeLocation: 1538 Pebble Beach Court, Medford, OR 97504Bedrooms: 4, Bathrooms: 3 full, 0 half, 0 three-quarter bathPrice: $415,900Description: A classic and elegant East Medford home! This home features a 3 car garage and detached 2 car garage/shop. A rare 4 bedrooms + office and 3 full baths. Open gourmet kitchen with island adjacent to family room with fireplace. Large new deck. Fully sprinkled landscaping on quiet cul-de-sac.Visit www.TopSouthernOregonAgent.com for more information.Contact Information:Jared HokansonRE/MAX Realty Group2594 East Barnett, Suite B Medford, OR 97504Phone: 541-772-7653Fax: 541-734-5559Email: Jared@TopSouthernOregonAgent.com 1538 Pebble Beach Court (google map) (yahoo map)
Comments 2
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
Rare 4 bedroom home!!!Type: Co-opLocation: 949 Ivy Street, Medford, OR 97501Bedrooms: 4, Bathrooms: 2 full, 0 half, 0 three-quarter bathPrice: $100,000Description: Visit www.TopSouthernOregonAgent.com for more information.Contact Information:Jared HokansonRE/MAX Realty Group2594 East Barnett, Suite B Medford, OR 97504Phone: 541-772-7653Fax: 541-734-5559Email: Jared@TopSouthernOregonAgent.com 949 Ivy Street (google map) (yahoo map)
Comments 0
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
Great Investment Opportunity!Type: Multi Family HomeLocation: 515 Liberty St., Medford, OR 97501Bedrooms: 2, Bathrooms: 1 full, 0 half, 0 three-quarter bathPrice: $125,000Description: Large 4 plex in need of some TLC. Prime location close to shopping and transportation. Great investment Property!Visit www.TopSouthernOregonAgent.com for more information.Contact Information:Jared HokansonRE/MAX Realty Group2594 East Barnett, Suite B Medford, OR 97504Phone: 541-772-7653Fax: 541-734-5559Email: Jared@TopSouthernOregonAgent.com 515 Liberty St. (google map) (yahoo map)
Comments 0
By Jared Hokanson, Your Home Sold, GUARANTEED!*
(Hokanson Realty & Jared Realty Group)
Excellent East Medford Location!Type: Single Family HomeLocation: 3075 Century Way, Medford, OR 97504Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bathPrice: $214,750Description: Excellent East Medford location!! Close to country paths or downtown shopping in a 10 minute drive. Hoover/Hedrick School area - home is just minutes to RVMC! Fresh exterior and interior paint with relaxing colors throughout. New high-efficiency windows and new roof summer 2009. Glass top range with convection oven is less than 1 year old! Family room has a fireplace with insert. New automatic sprinklers. Other upgrades include new gas water heater 2007, new toilets in last three years, digital thermostat, and range area is plumbed for gas if conversion to gas range is desired.Visit www.TopSouthernOr...
Comments 0