Statistics of the Southern Oregon real estate market reveal that foreclosed properties in Southern Oregon continue to be snatched up by Buyers almost as quickly as they’re listed. The compelling reason behind this financial phenomenon is an old favorite… price. When distressed properties are priced at the bottom end of the comps, they sell almost immediately, often with multiple offers. In the last month from November 20th to December 20th, foreclosures and short sales made up 76% of sales for the Grants Pass Real Estate market area. And now with mortgage rates plunging to near record lows (and likely to stay that way for awhile) investors can smell the money. Once again, buy low, sell high reigns supreme.

But why buy Southern Oregon real estate now? Those who call Southern Oregon home know why — because it is a place of mountains and rivers, a place of pristine natural resources with abundant wildlife, clean water and air, friendly neighbors, socially conscious citizens… and darn good restaurants.

Each year Southern Oregon attracts large numbers of visitors from out-of-state and has become a vacationer’s destination. Ultimately, many of these visitors purchase Southern Oregon real estate in pursuit of the American Dream. Vacationers typically experience an unforgettable raft trip on the Rogue River, or a trip to Ashland’s Shakespearian Festival, or a family camping event, or an encounter with organic green living. All of these opportunities lead to dreams about purchasing Southern Oregon real estate now or in the future.

And with the passage of time, Southern Oregon’s attraction as a green destination with a socially conscious agenda will continue to grow. Visit Southern Oregon and you’ll see why. But if now is not the right time to buy a new home in Grants Pass or vicinity, then at least you’ll begin to focus on a date in the future for the move of a lifetime. And while you’re thinking about it come visit our green homes in Oregon now under construction.

     

More on Topics: Oregon, Southern Oregon, Southern Oregon Real Estate

Tags: Oregon, Southern Oregon, Southern Oregon Real Estate

This entry was posted on Saturday, January 17th, 2009 at 9:00 am and is filed under the category Grants Pass Real Estate, Green Real Estate, Michael Masters. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.