About Jackson County, OR

According to L. Yun, NAR's chief economist, "summer is not the only thing that has ended. The world-wide economic recession is also essentially over. Led by countries such as Brazil, India, and, in particular, China, the economies of the world are digging themselves out of that recessionary ditch."
The most important factor for those of you trying to "figure out" the real estate market locally in the Ashland and Medford area this means the number of home sales is going up (at least more than last year), inventory has slowly, but surely gone down in the last year, and home prices don't seem to be going down (at least not under $350k). In fact, in the bottom end of the price range, I have seen price wars and an increase in the property prices. Good news for those buyers who were not afraid to buy about 8 months ago.

In the last two days, the latest foreclosures to be listed for sale are in Central Point.

*One located on Ester Way and looks like a good bargain. A little over 25oo square feet on 1.78 acres. The house was built in 2001 and currently appears to be owned by Wells Fargo. The price on this house is $299,900. This is a rural piece on a well, but also on RVS sewer.

*The other new bank owned property in Central Point is on Bush street. It is under 750 square feet, and looks a little rough. But it is priced just below $100k at $99,900.

I have not been out to see these properties yet because they are so new. If you or someone you know want to take a look at them, I would love to go out and be surprised, or horrified with you. When looking at Foreclosed properties, you never know what you are going to find. Every once in awhile they are in good shape, but more often than not, there is a lot of work that needs to be done.

*Information provided by SOMLS and is deemed to be reliable, but not guaranteed.

Amazingly Gorgeous 4 bedroom!
Type: Single Family Home
Location: 3312 Cloie Anne Court, Medford, OR 97504
Bedrooms: 4, Bathrooms: 2 full, 1 half, 0 three-quarter bath
Price: $325,000
Description: Absolutely amazingly gorgeous 4 bedroom home on a cul-de-sac. Beautiful grand entry with high ceilings and hardwood floors. Formal dining room and seperate breakfast nook. Gourmet kitchen with lots of cabinets, granite countertops, undercounter lights, large pantry and stainless steel appliances. Upstairs luxury master suite with vaulted ceilings, large walk in closet, and huge private deck overlooking the valley. Spa like master bath with jetted tub, double sink, tile counter tops, and tile surround. Enjoy the views from your choice of two patios.


Visit www.TopSouthernOregonAgent.com for more information.

Contact Information:
Jared Hokanson
RE/MAX Realty Group
2594 East Barnett, Suite B
Medford, OR 97504
Phone: 541-772-7653
Fax: 541-734-5559
Email: Jared@TopSouthernOregonAgent.com



3312 Cloie Anne Court (google map) (yahoo map)

A quick search of the Southern Oregon MLS shows that today there are 133 bank owned (REO) forclosed houses currently for sale.

These properties are all kinds...in all price ranges.

On the bottom end is a $55,000 house in Evans Creek on an acre that has fire damage. But more realistically, there is a house in West Medford on Grape street that is listed at $65,000.

Then on the other end of the spectrum, there is a 388 acre Rogue river front property with 3 houses, plus fitness center....etc....that would make an awesome retreat. It is listed for sale at $4,850,000. Or perhaps a 26 acre horse ranch is Ashland is your idea of a great foreclosure deal, that one listed at $1,200,000.

Here is a breakdown by Area

• East Medford 32
• West Medford 17
• Central Point 16
• Talent 1
• Ashland 6
• Jacksonville 1
• Eagle Point 9
• Shady Cove 12
• White City 15
• Gold Hill 10
• Other areas 14

Price range for the active forclosed houses are:

• Under $100k 7
• $100-140k 31
• $140-200k 39
• $200-250k 25
• $250-350k 17
• $350-500k 9
• Over $500k 5

So whether you are looking for a $4 million dollar foreclosure deal, or a $65,000 foreclosure deal, I can help. There are some special requirements when dealing with negotiations with bank owned properties, but I would be happy to assist you with them.

If you would like to be put on a list and have new foreclosure properties (in whatever price range) sent to your email as they become available, contact me and I will set that up for you.

As always, you can conduct your own searches for Ashland Oregon Real Estate at my website www.Agentinakilt.com.

A Classic & Elegant East Medford Home!
Type: Single Family Home
Location: 1538 Pebble Beach Court, Medford, OR 97504
Bedrooms: 4, Bathrooms: 3 full, 0 half, 0 three-quarter bath
Price: $424,900
Description: 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 Hokanson
RE/MAX Realty Group
2594 East Barnett, Suite B
Medford, OR 97504
Phone: 541-772-7653
Fax: 541-734-5559
Email: Jared@TopSouthernOregonAgent.com



1538 Pebble Beach Court (google map) (yahoo map)