Phoenix, OR

Phoenix. Just over the border from California and snuggled in the heart of the amazingly beautiful and culturally diverse Rogue Valley. The community contains a lot of diverse businesses from furniture galleries right off of Interstate 5 to classic diner’s right in the middle of our quaint downtown. Area landscapes offer rivers, mountains, and mountain lakes. Several areas, such as the California Redwoods, Rogue River, Mount Ashland Ski Area, Pacific Ocean beaches, Oregon Caves, and Crater Lake National Park are all just a short drive away. The local arts community offers diverse stage and musical productions presented by Camelot Theatre, Oregon Cabaret Theatre, the Oregon Shakespeare Festival, the Craterian Theatre, and the Britt Festival. All of these local venues offer quality productions.

Statistics for November to January 2012

82.1% of the residential properties that sold from November 1 to January 31 this year all over Jackson County.

Total active listings for the Jackson County reached 1,290 houses. 10 were sold in Phoenix for an average of 41 days in the market, getting a median price of $119,500 with a -20.1% drop from last years’ quarter period of $149,500.

The number of Phoenix foreclosures (reo's) is 8 . The number of Phoenix short sales is 0.

If you or someone you know is looking to buy or sell in Southern Oregon, contact JARED HOKANSON for a free consultation.

Median Price means the midpoint, with half of the sales being above and half below the listed number; it is not the same as average. Median prices reflect overall market trends and are not a measure of pricing for individual properties. Small sampling sizes can lead to wide variances in year to year comparisons. “REO” means Real Estate Owned, indicating bank or mortgage company ownership. “Short” stands for Short Sale, where third party approval is required for the transaction.

Statistics are based on reporting by REALTORS® to the Southern Oregon Multiple Listing

Phoenix. Just over the border from California and snuggled in the heart of the amazingly beautiful and culturally diverse Rogue Valley. The community contains a lot of diverse businesses from furniture galleries right off of Interstate 5 to classic diner’s right in the middle of our quaint downtown. Area landscapes offer rivers, mountains, and mountain lakes. Several areas, such as the California Redwoods, Rogue River, Mount Ashland Ski Area, Pacific Ocean beaches, Oregon Caves, and Crater Lake National Park are all just a short drive away. The local arts community offers diverse stage and musical productions presented by Camelot Theatre, Oregon Cabaret Theatre, the Oregon Shakespeare Festival, the Craterian Theatre, and the Britt Festival. All of these local venues offer quality productions.

Statistics for October to December 2011

78.3% of the residential properties that sold from October 1 through December 31 this year all over Jackson County.

Total active listings for the Jackson County reached 1,310 houses. 6 were sold in Phoenix for an average of 49 days in the market, getting a median price of $178,900 with a -16.4% drop from last years’ quarter period of $149,500.

The number of Phoenix foreclosures (reo's) is 4 . The number of Phoenix short sales is 0.

If you or someone you know is looking to buy or sell in Southern Oregon, contact JARED HOKANSON for a free consultation.

Median Price means the midpoint, with half of the sales being above and half below the listed number; it is not the same as average. Median prices reflect overall market trends and are not a measure of pricing for individual properties. Small sampling sizes can lead to wide variances in year to year comparisons. “REO” means Real Estate Owned, indicating bank or mortgage company ownership. “Short” stands for Short Sale, where third party approval is required for the transaction.

Statistics are based on reporting by REALTORS® to the Southern Oregon Multiple Listing

PHOENIX, OREGON

Phoenix. Just over the border from California and snuggled in the heart of the amazingly beautiful and culturally diverse Rogue Valley. The community contains a lot of diverse businesses from furniture galleries right off of Interstate 5 to classic diner’s right in the middle of our quaint downtown. Area landscapes offer rivers, mountains, and mountain lakes. Several areas, such as the California Redwoods, Rogue River, Mount Ashland Ski Area, Pacific Ocean beaches, Oregon Caves, and Crater Lake National Park are all just a short drive away. The local arts community offers diverse stage and musical productions presented by Camelot Theatre, Oregon Cabaret Theatre, the Oregon Shakespeare Festival, the Craterian Theatre, and the Britt Festival. All of these local venues offer quality productions.

Statistics from March - May 2011

43.5% of the residential properties that sold from March 1 through May 30 this year were "FORECLOSURE (REO’S) sales”, totaling 224 FORECLOSURE (REO’S) houses all over Jackson County.

Total active listings for the Jackson County reached 1,620 houses. 13 were sold in Phoenix for an average of 105 days in the market, getting a median price of $151,000 with a 2.6% drop from last years’ quarter period of $155,000.

The number of Phoenix foreclosures (reo's) is 7 with a median price of $151,000. The number of Phoenix short sales is 2.

If you or someone you know is looking to buy or sell in Southern Oregon, contact JARED HOKANSON for a free consultation.

Median Price means the midpoint, with half of the sales being above and half below the listed number; it is not the same as average. Median prices reflect overall market trends and are not a measure of pricing for individual properties. Small sampling sizes can lead to wide variances in year to year comparisons. “REO” means Real Estate Owned, indicating bank or mortgage company ownership. “Short” stands for Short Sale, where third party approval is required for the transaction.

Statistics are based on reporting by REALTORS® to the Southern Oregon Multiple Listing

Here are some info on foreclosures and short sales.

Cedit History

Foreclosure will remain as a public record on a person’s credit history for 7 years or more.

A Short Sale is not reported on a persons credit history. There is no specific reporting item for ‘short sale’. In most cases a loan is typically reported ‘paid in full, settled’ or ‘paid as negotiated’.

Security Clearances

Foreclosure is the most challenging issue against a security clearance outside of a conviction of a serious
misdemeanor or felony. If a client has a foreclosure and is a police officer, in the military, in the CIA, Security, or any other position that requires a security clearance in almost all cases clearance will be revoked and position will be terminated.

On its own, a short sale does not challenge most security clearances.

The above material is my opinion and it is always recommended to seek qualified professional legal and financial advice when looking at your real estate sales and purchasing options.

Phoenix Oregon Real Estate Update Jan 1 - Mar 31

When you are thinking about selling or buying a home in Phoenix Oregon, it is important to know what the price of other homes in the Phoenix Oregon Real Estate Market are priced at and selling for.

If you are interested in selling your Phoenix 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 Talent Oregon real estate market, including Phoenix Oregon foreclosures, Phoenix Oregon Short Sales & Phoenix Oregon Luxury Homes, please call or email, to request your personal list or properties for sale.