I REALLY ENJOY talking to people who are new to Jacksonville or just in town for a weekend vacation. Frequently, they ask me about a good place to eat. Here are a few suggestions for Jacksonville restaurants that are owned and operated by locals who pour their heart and soul […]
THE HISTORIC TOWN OF JACKSONVILLE has become the undisputed leader of the Music Scene in Southern Oregon. This tiny town established the birth of the Southern Oregon music scene with the Britt Festival, but today, live music can be heard in establishments all over town and at the wineries and […]
2023 IS NOW BEHIND US and what a year it was. Jackson County saw the lowest number of homes sold since 2014. Will 2024 be different? Will home sales continue to drop, or will 2024 be the beginning of the Real Estate Recovery?
Jackson County saw a total of 2,650 […]
Fall is the time of year when pumpkins and squash are harvested, ciders are brewed, and the leaves turn from green into a beautiful array of vibrant reds, warm oranges, golden yellows, and rustic browns—making the landscape look like a painting. October and November are a delight to our senses […]
The housing market in the US and locally has been on an interesting journey, experiencing a large drop in demand, a limited supply of homes for sale, and a quick run-up of mortgage rates. The result has been somewhat predictable but not without a few major surprises.
Home Sales—The result […]
Our rental company manages over 40 nightly and monthly furnished rentals in Jacksonville that are filled with guests from out of the area. Whether they are staying here for one night or for one month, they invariably ask, “What is there to do in Jacksonville?” After years of answering […]
We’d been waiting for Britt’s last season announcement to finalize our summer plans. As soon as the announcement hit, we received emails from friends and family. The first one said, “Ringo Starr at Britt, really?” And, “Is Diana Ross really coming to Britt, and Train is my favorite band.” […]
The Inflation Reduction Act is the most ambitious legislation ever enacted in the US to combat climate change. Among other things, it will invest $369 billion encouraging businesses and individuals to cut carbon emissions through a series of tax credits. If you are a homeowner, you should read this […]
The short-term rental industry (STR) has brought a new experience for guests. No longer confined to staying at a motel or hotel, guests can now choose to stay in a chateau, cabin, cottage, treehouse, house, barn, boat, tiny home, or yurt. They can choose to be on a beach, […]
Say goodbye to the days of a “sellers’ market” and hello to a new, more balanced real estate market. 2022 has been quite the year; the US gross domestic product contracted in the first and second quarters, the stock market has been tumbling, inflation is stubbornly high, the Federal […]
As Realtors in Southern Oregon for over 20 years, we have met hundreds of families moving into our area from out of state. We quickly become their “go-to” for advice on where to go, what to do, and how to enjoy our great outdoors. We realized that our job […]
As Realtors in Southern Oregon for over 20 years, we have met hundreds of families moving into our area from out of state. We quickly become their “go-to” for advice on restaurants, shopping, where to go, and what to do. We realized that our job was not just selling […]
Over the years, we have been fortunate to see world-class performances at the Britt Festival: Smokey Robinson, Steve Martin, Moody Blues, Doobie Brothers, Crosby, Stills & Nash, Kenny Loggins, Diana Ross, Willie Nelson, Robert Plant, ZZ Top, Judy Collins, Earth, Wind & Fire, Three Dog Night, Huey Lewis, Heart, […]
It seems like everything is more expensive than last year: food, cars, clothes, furniture, and gas which is getting dangerously close to $5 a gallon. But few year-over-year price increases compare to what’s happened to the housing market. The medium price of a home in Jackson County has ballooned […]
Understanding Credit Scores—Before you can improve your credit score, you must understand it, know how it’s calculated and what it’s used for.
Your credit score is a part of the package of information lenders use to decide whether or not they will lend you money or extend credit. Besides lenders, […]
In 2021 the housing market saw growth that we hadn’t seen in 16 years. Home sales and home prices both reached record highs. If you benefited from this surge, it depended on if you were selling a home.
The median-priced home saw double-digit growth in Jackson County over 2021 prices. […]
With the New Year comes the tradition of resolutions. We all resolve to continue good practices, change undesired traits or behaviors, accomplish personal goals or otherwise improve our lives. Some will set resolutions to improve physical, emotional, spiritual or financial wellbeing. Although I can’t help with the first […]
Many were surprised to see the median price of a home in Jacksonville hit an all-time high of $630,000 for the third quarter, ending September 30. Not only is this a record, it exceeds the median home price of Ashland which have held the record for highest home prices […]
For years, we have helped retirees find their perfect home in Jacksonville and surrounding areas. It’s very enjoyable seeing their excitement as we share with them all about our beautiful town and Southern Oregon. Most of them have come from out of state so there is lots of education […]
I recently took a continuing education class all about Going Green, something I didn’t know much about, so I was surprised by what I learned and how much each of us can impact our environment. It was a great class with information worth sharing.
It’s surprising that focus on our […]
Last year, U.S. home sales and prices soared at their fastest pace in 14 years. On a local level, we’ve seen unprecedented demand and low inventory and soaring prices. Over the last 12 months, Jackson County existing home prices increased by almost 27% and Josephine County saw prices jump […]
Southern Oregon, as well as most of the nation, is experiencing record high home sales which is causing record-low inventory and record-high prices. One would think that all properties on the market are faring well, but it always goes back to supply and demand—and not all properties are in […]
According to the National Association of Realtors, the average homeowner stays in their home for about 10 years before selling. Do you think this sounds short? Or maybe too long? Well, there are lots of reason homeowners sell, but here are the top 10 reasons:
When I started in real estate in 2004, my office was on the corner of 5th and California streets. One day I stepped outside to take a call and noticed something I had never seen before. Over the white picket fence was a house nestled amongst the trees and […]
In the last few years, we have seen housing demand explode in Southern Oregon and far exceed the available supply. It only seems to be getting worse. Currently, there is less than a month’s supply of homes for sale and less than a 1% vacancy rate for rental homes. […]
The pandemic has been an agent of change; years of change have happened in just a few months. We have seen the change in behaviors and habits that have affected many industries short term and long term. Travel, eating out and live events have all but disappeared. E-commerce grew […]
When home prices increase in an area, the highest percentage increases happen for the lowest-priced homes. The greatest demand in any market is for the most affordable homes. For example, 711 Nobility in Southwest Medford sold for $223,000 in December 2015 and then sold again five years later in […]
I just reviewed the 2020 Jackson County Real Estate Forecast we ran in the Review one year ago. In it, we predicted that in 2020 would see over 4,000 homes selling, with the median price surpassing the $300,000 mark. As I write this article, it looks like we […]
The U.S. economy is a mess. The continuing coronavirus pandemic has led to scores of business closures, the worst unemployment since the Great Depression and the steepest economic contraction on record.
Yet, despite it all, the U.S. housing market has been spared and is experiencing a record year. In our […]
If you’ve spent a significant amount of time in Oregon, you understand just how unique and beautiful our state is. Southern Oregon is known for its gorgeous vineyards, the “wild and scenic” Rogue River, and stunning, sweeping views. Most of the area has a rural and small-town spirit which […]
In Southern Oregon, you hear a lot about a summer selling season for real estate and you also hear that it’s best to list your home in the winter when there’s less competition. Both statements have a ring of truth, and there’s a lot more behind the numbers.
The year […]
The number one question we get asked by homeowners who are looking to sell is, “How do we market to buyers moving up from California?” It’s a great question, as buyers from California, and from other states, represent a good portion of our real estate sales, especially on properties […]
As we slowly return to normal, and we can find toilet paper in the stores and restaurants with open doors, we do have to wonder if we’ll ever be the same.
I look back on my life and how all the economic events shaped it and changed its course. I […]
The economy is shrinking, businesses are closing and jobs are disappearing due to the coronavirus pandemic. But in the housing market, prices keep climbing higher.
Home prices plunged during the last recession after the 2007 housing crash caused millions of families to lose their homes, but that hasn’t been the […]
In Southern Oregon, you hear a lot about a “summer selling season” for real estate, or you hear it’s best to list your home in the winter when there is less competition. Both statements have a ring of truth, but there’s a lot more behind the numbers.
The year generally […]
Getting top dollar for your home is everyone’s goal. Sometimes the solution is simply staging your home and completing some minor repairs. There are some improvements that increase the value of a home and some just increase its salability. Most sellers are prepared to get their home staged to […]
Forecasting the future can be hard…so starting with a good knowledge base of the past can give a clearer vision of the future. The real estate market in Jackson County has been very stable for years, so it’s logical to assume the trend will continue in 2020. Based on […]
I recently took a Continuing Education class on “Going Green,” something I didn’t know much about. I was surprised by what I learned and how much each of us can impact our environment. It was a great class and information worth sharing.
It’s surprising that the focus on our environment […]
In the last few months, we have seen an explosion of hemp fields being planted along every road you drive as hemp quickly becomes the largest agricultural crop, surpassing pears and vineyards, in Southern Oregon. Based upon statistics from the Oregon Department of Agriculture, Jackson County has 8,578 acres […]
Southern Oregon has had a great summer with beautiful weather, lots of sunshine, and only two days of thunder storms that produced lots of rain but no significant forest fires. This beautiful weather usually brings lots of “out-of-state” home buyers, but this summer, home sales are […]
For years, we have helped retirees find their perfect retirement home in Jacksonville. It’s very enjoyable seeing their excitement as we tell them all about Jacksonville and Southern Oregon. Most of them have come from out of state so there is lots of education that goes […]
Every month, I read the real estate sales statistics in the Mail Tribune provided to them by the Rogue Valley Association of Realtors. All the numbers are averages, or medians, calculated for the last 90 days. Overall, they are reporting a seller’s market which means limited […]
If you just finalized your 2018 tax return and you’re now focused on how to “legally” lower your tax rate for 2019, you should read on. There are lots of tax benefits of being a landlord, most expenses are tax deductible, from finding tenants to […]
The Southern Oregon real estate market has seen some bumps and bruises since the west coast erupted in fires last summer. We began this year with a very slow and weak market and then it exploded. Here is a quick review of the Good, Bad […]
Oregon enacted the nation’s first statewide rent control measure on February 28th, 2019, handing a victory to those who say low-income people are squeezed by the housing crunch in many major US cities and believe rent control is the answer.
On the other hand, landlords and developers argued that rent […]
A lot of outdoor enjoyment was lost last summer due to the smoke-filled skies in our valley, but what is noteworthy is how few homes have been destroyed by forest fires in Southern Oregon compared to the homes lost by fires in California. Every summer, we have many lightning-caused […]
As we look at the year-end housing numbers in Jackson County, they look very strong but they don’t necessarily tell the whole story. We ended 2018 by increasing the median price on existing home sales by approximately 6%, new home prices approximately 11%, rural home prices rose about 5% […]
Many were surprised to see the median price of a home in Jacksonville hit an all-time high of $578,500 for the last 90 days, ending October 31. Not only is this a record, it exceeds the median home price of Ashland which has held the record for highest […]
In an article two months ago, we talked about how the real estate market was being negatively affected by the smoke and repeated closures of interstate 5. Now that summer has ended, we can look back and survey the actual effect the fires had on our summer home sales.
Since […]
Most people don’t know what a Reverse Mortgage is; and, because they are relatively new, there is a lack of understanding. The reality is that Reverse Mortgages (RM) may be an answer to one of the biggest economic problems facing us in the United States, which is that many […]