Posts

Southern Oregon’s Real Estate Show: Market Update, Where’s all the Listings?

By Pete Belcastro / January 21, 2021

Historic low-interest rates are encouraging buyers to enter the housing market, while historic low inventory levels are making it hard to do. Real-time real estate experts Alice Lema and Pete Belcastro share experiences about current housing market conditions across Jackson, Josephine, and Klamath counties. Hear first hard reporting about buyers and sellers maneuvering through a… Read More

Southern Oregon’s Real Estate Show: Medford Building Incentives for Homeowners.

By Pete Belcastro / January 17, 2021

How can we solve the low inventory problem we face in Southern Oregon Real Estate Markets? Medford’s Planning Director Matt Brinkley joins Alice Lema and Pete Belcastro on this week episode to learn about upcoming development and new incentives for homeowners. Hear about Medford ADU incentives newly announced program forgiving about $10000 for a new… Read More

Southern Oregon’s Real Estate Show, Why Mortgage Rates Remain So Low?

By Pete Belcastro / January 7, 2021

Historically low mortgage interest rates are driving high demand for housing across Southern Oregon. The problem is inventory levels have also reached historically low levels. What happens if people are ready to buy but there is no property to buy? That the dilemma facing buyers as 2021 begins. Guy Giles of Mutual of Omaha Mortgage… Read More

Market Talk! S.Oregon Real Estate for January 8.

By Pete / January 7, 2021

Southern Oregon’s Real Estate Market can be summed up easily as we enter 2021 — high demand, low inventory.  In fact, as you’ll see in this week’s reports, we are at a critical stage with inventory levels in some price ranges at one week’s worth.  It’s not that way overall but unless more homes are… Read More

Southern Oregon’s Real Estate Show; Market Predictions for 2021 Conditions.

By Pete Belcastro / January 2, 2021

Gotta say it, 2020 was a pretty good year for Southern Oregon Real Estate, for both buyers and sellers. Interest rates are amazingly low, and sellers are receiving nearly 100% of their asking price. Can it continue into 2021? That’s the question Alice Lema and Pete Belcastro discuss on this weeks episode. Real time real… Read More

Southern Oregon’s Real Estate Show, Let’s look back at the 2020 market.

By Pete Belcastro / December 30, 2020

We finished the real estate year of 2020! What just happened to the markets in our communities? Did equity increase for homeowners? Interest rates lowered throughout the year. 2020 was like no other real estate market we’ve experienced. Pete Belcstro and Alice Lema share their thoughts and discussion in a recap of 2020 Alice calls… Read More

Southern Oregon’s Real Estate Show, Preparing your home to sell.

By Pete Belcastro / December 27, 2020

Home inspections are used in most real estate transactions. They can make or break a sale. Lean all you need to know about home inspections from Travis Hand, owner of Rogue Insection Services on this episode of Southern Oregon’s Real Estate Show. Travis joins Alice Lema and Pete Belcastro for a wide ranging discussion about… Read More

Market Talk! S.Oregon Real Estate for December 18.

By Pete / December 17, 2020

Happy Holidays to Everyone!  Despite lockdowns and winter weather Southern Oregon’s Real Estate Market continues to make us shake our heads as to the demand we see from buyers — it remains high.  On the other side of the issue is not enough inventory to sell.  With winter selling underway, don’t expect either situation to… Read More

Southern Oregon’s Real Estate Show, JLS Market Watch for December.

By Pete Belcastro / December 11, 2020

The Market is Talking! The latest SOMLS housing stats are released and they tell us a lot about current market conditions. Pete Belcastro and Alice Lema tackle them all in this week’s episode. You’ll learn what is selling today, the latest interest rate information, as well as news for buyers, sellers, and investors about what… Read More

Market Talk! S.Oregon Real Estate for December 11.

By Pete / December 10, 2020

This will no doubt be the weirdest Christmas and New Year’s Holiday we’ve ever experienced. COVID 19 has extracted much from our community in so many ways with real estate being an exception. Since March, we’ve seen a strong, steady, real estate market across Southern Oregon.  Will that continue now that the Winter Selling Season… Read More

Market Talk! S.Oregon Real Estate for December 4.

By Pete / December 3, 2020

Southern Oregon’s Real Estate Market slipped back a bit last week with pending and closed sales down across all three counties. What happened?  First, we have a pandemic lockdown in our region again plus it was the Thanksgiving Holiday.  What stands out the most is there are less than 600 total residential listings combined in… Read More

Southern Oregon’s Real Estate Show, Sheriff says 2020 presents new unpleasant, challenges.

By Pete Belcastro / December 3, 2020

If you think 2020 changed your life, wait until you hear from Jackson County Sheriff Nate Sickler on how wildfires, emergency planning, the pandemic, decriminalization of most drugs has changed the way he sees law enforcement n the next few years. The Sheriff joins Alice Lema and Pete Belcastro on this episode to share how… Read More

Southern Oregon’s Real Estate Show, Preserving Historic Buildings for Homeowners and Investors.

By Pete Belcastro / November 30, 2020

Southern Oregon lost several historic buildings during recent wildfires. So on this week’s episode, George Kramer, longtime local historic preservation specialist, joins Pete Belcastro and Alice Lema for a look at ways to preservice iconic buildings. There are opportunities for both homeowners and investors to take advantage of several incentives available today. We’ll get an… Read More

Market Talk! S.Oregon Real Estate for November 27.

By Pete / November 26, 2020

If you’re like me, you’re recovering from Thanksgiving Day activities like eating wonderful food and enjoying time with family and friends. It seemed like a quiet holiday with more intimate gatherings in the era of COVID.   None of this has much effect on Southern Oregon’s Real Estate Market which continues to perform at levels usually… Read More

Southern Oregon’s Real Estate Show, Let’s Check the Market!

By Pete Belcastro / November 21, 2020

We’re in the winter selling season, but this winter is like no other we’ve experienced in Southern Oregon’s Real Estate Market. In this episode, Pete Belcastro and Alice Lema share their Real-Time, Real Estate experiences as buyers and sellers maneuver through high demand, low inventory housing market. Get the latest statistical information about what is… Read More

Market Watch! S.Oregon Real Estate for November 20.

By Pete / November 19, 2020

In a normal real estate year, which 2020 is not, this is the time of year we begin to see softer sales and fewer listings heading into the Winter Selling Season.  But this year may see a big change in both sales and listings as the market continues to perform above previous years. Take a… Read More

Southern Oregon’s Real Estate Show, OAR Responds to Housing Crises.

By Pete Belcastro / November 15, 2020

Housing issues across Oregon are not going away. Addressing them and the future of housing is an important part of the Oregon Association of Realtor’s mission. In this week’s episode, Pete Belcastro and Alice Lema go inside the OAR and speak with their legal counsel Jeremy Rogers about housing and other important issues facing buyers… Read More

Southern Oregon’s Real Estate Show, A Mortgage Rate for Everyone.

By Pete Belcastro / November 5, 2020

Mortgage Interest rates, the hot fuel of our real estate market, didn’t budget since election day meaning low rates may be here a while longer. Why does this matter? Guy Giles of Mutual of Omaha Mortgage joins Pete Belcastro and Alice Lema on this episode to explain the latest trends in mortgage lending that buyers… Read More