Pete Belcastro, Real Estate Broker
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
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
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
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
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
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
Looks like our beautiful Fall weather is about to change and it will be a most welcome sight to behold. It’s been months since we’ve seen significant rain and the ground certainly needs it. Take a look at the latest Talent Irrigation District water map below. Emigrant, Hyatt, Howard Prairie and Fish lakes are all… Read More
Southern Oregon’s Real Estate Market can be described in one word this week, consistent. It’s really amazing how consistent the weekly statistics become. There is never a big swing in any particular category of sales as you can see in last week’s stats. Are prices dropping a bit? Last week Josephine County Median Price was… Read More
It’s amazing how steady Southern Oregon’s Real Estate Market really is week in and week out. We’ve seen a leveling off of activity in some areas but overall demand remains high while inventory has his historic lows in our market. Take a look at last week’s stats. They bear out the consistency in the market… Read More
Southern Oregon’s Real Estate Market held steady this past week with closed sales up slightly from a week ago. The biggest issue facing the market is lack of inventory, which as you can see below in last week’s stats, show less than 300 residential listings in Jackson County. I have never seen it that low… Read More
by Lauren Sieben | Sep 24, 2020 If you imagined 2020 was the year you would finally list your house for sale, you may have hit the brakes on those plans when the coronavirus pandemic arrived. But now, we’re more than six months into the COVID-19 era with no clear end in sight. As many… Read More
It’s been more than two weeks since wildfire struck S.Oregon in both Jackson and Klamath counties. Homes destroyed, lives changed, neighbors helping friends, cleanup starting, rebuilding our communities, however, still a long way off. The week of the fires saw real estate activity slow considerably. This last week things rebounded to include these: 1) Jackson… Read More
REALTORS® Relief Foundation Grant OAR has secured $500,000 grant for housing relief through NAR’s REALTORS® Relief Foundation for the Oregon wildfires disaster. Who should apply? Any full-time resident and U.S. citizen or legally admitted U.S. resident who has lost their home to the Oregon wildfire disaster and is in need of support for either of… Read More
This should be a joyous time of the year, with football, school starting and fall festivals all over Southern Oregon. But not this year. Our Rogue Valley is in mourning after wildfires destroyed more than 2,500 homes on Sept. My own personal home in Phoenix was one of those thousands lost. Neighborhoods have disappeared as… Read More
When Southern Oregon’s Real Estate Market talks, we need to listen and she is talking to us a lot over the Labor Day Holiday Weekend. What is the market telling us? How about four quick things; 1) interest rates under 3% are driving more buyers into the market; 2) low inventory of available housing is… Read More
From the first days, which probably still feel like summer, to the last, when you may notice that first chill in the air, September is a time of transition. Get your home ready for the season ahead by ticking off these to-dos, from adding cozy layers to scheduling necessary maintenance — and then curl up in… Read More
Southern Oregon’s Real Estate Market seems to be changing almost daily, certainly every week. This past week pending sales went up, while closed sales went down from the prior seven days. Check the latest stats below. One standout item is Jackson County’s median price on 53 sales hit $468,200. That is the highest weekly price… Read More
I was talking with a home design colleague recently about color, and the person asked what my latest favorite color is. I had trouble narrowing it down to just one or two, but there are definitely a handful of hues I find myself turning to when developing paint color palettes for clients. These are not… Read More