Douglas County Real Estate Market Trends for April 2012
May 16, 2012 Greetings: Well our primary race elections are over as well as OUR UCC bond levy which was defeated overwhelmingly by a 3-1 margin. I am very disappointed in the results because this bond levy represented a real vision for our college and community for generations to come. However, the voters have spoken
Douglas County Real Estate Market Trends for March 2012
Greetings: It seems as though our economy is slowly improving but all consumers are proceeding very cautiously. I received a letter the other day from a Realtor in Southern California that stated, “home sales are back!” That is good news to us in Douglas County because, as we all know, most of our sales are
Douglas County Real Estate Market Trends for February 2012
Greetings: According to the National Association of Realtors economic forecast, existing home sales are forecasted to finish at 4.55 million up from 4.26 million in 2011 and new home sales at 370,000. Housing starts are projected to rise from 611,000 in 2011 to 710,000 this year. The existing home price is going up as well
Douglas County Real Estate Market Trends for January 2012
Greetings: Existing home sales are showing an uptrend not only nationally but in Douglas County as well. The latest monthly trends for January 2012 shows a total of existing home sales rising 5.0% to a seasonally adjusted annual rate of 4.61 million which is up 3.6% higher than they were in 2011. The National Association
Douglas County Real Estate Market Analysis for 2011
Greetings: Happy New Year 2012! I hope that you had a wonderful and joyous Christmas and celebrated New Years in great fashion. Cathy and I had a blast at the Rose Bowl with 50,000+ of our closest friends. The win by the Ducks was so sweet. (it was 95 years ago that the Ducks won
Douglas County Real Estate Market Analysis November 2011
Greetings: Douglas County is very fortunate to have the amenities that people are looking forward in locating here. We have a great climate for growing a variety of produce, great location on the I-5 corridor, great medical facilities with Mercy Medical Center and the Veterans Hospital, located near great outdoor recreation with hunting and fishing,
Douglas County Real Estate Market Analysis for October 2011
GREETINGS: Our local economy continues to suffer, in fact, it stinks. One of largest employers in our area, the Swanson Timber Company just laid off 400 workers until the end of the year and plans to revaluate what they will do then. The demand for finished lumber continues to decline nationwide and worldwide even though
Douglas County Real Estate Market Analysis for September 2011
Greetings: The Occupy Wall Street protestors and the 99% majority sure have stirred the pot not only in our country but worldwide. In fact, we in Douglas County had our own demonstration on the 15th of October where about 200 people walked from downtown to the Garden Valley area. According to a recent CBS poll
Douglas County Real Estate Market Analysis for August 2011
Greetings: Good News! I have been selected to be the chairman of the upcoming bond measure in May 2012. Umpqua Community College will request authorization from the voters of Douglas County in May 2012 to finance $40,000,000 in general obligation bonds to build a Regional Allied Health & Science Training Center, an Industrial Arts &
Douglas County Real Estate Market Analysis for July 2011
Greetings: Congress and the President did come to some resolution regarding the debt ceiling and cutting some of the costs of running the government. However, to take the heat off Congress and the President, they created another “Super Elite” committee made of an equal number of Republican and Democrat Senators to examine ways to trim
-
Neil D. Hummel
Principal Broker, Owner