Veneta, OR

What kind of financing is used for the purchase of single family homes in the

VENETA - ELMIRA - NOTI

RMLS market area in LANE COUNTY, Oregon?

Is "all-cash" an important factor? Are most new loans conventional or FHA? How about federal VA? Do all other financing mechanisms (owner financing, lease-options, etc.) account for many sales?

Here is how the sales for single family homes in this RMLS market area break out for calendar year 2011 - by type of purchase made:

THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN

WEST LANE COUNTY'S FERN RIDGE AND CROW-APPLEGATE SCHOOL DISTRICTS

IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

In November, inventory in West Lane headed down while sales headed up.
Now if we can just get price to head up, we might be feeling good.

Here, for the

VENETA - ELMIRA - NOTI

RMLS Market Area, are:

A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

Months of NOVEMBER

2001 - 2011:

And a decade of Average Prices for Closed Sales
for the

Months of NOVEMBER

2001 - 2011:

These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.