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Douglas County Real Estate Market Trends for October 2014

Greetings: The voters of Douglas County and Oregon have cast their ballots, and while some were pleased with the results, we have those voters that were not. I was extremely impressed that over 70% of eligible, registered voters in Douglas County cast their ballots. This turnout is a true testament that we in Douglas County

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Douglas County Real Estate Market Trends for September 2014

Greetings: First off, I want to encourage all of you to vote! Regardless of your frustration with the lack of progress in Congress, the lack of getting things done in Salem or in county government, it is your right to exercise your vote; that is how our democracy works. It really frustrates me that so

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Douglas County Real Estate Market Trends for August 2014

Greetings: Even though the real estate market continues to be mixed nationwide the West is one of bright spots in real estate closed and pending sales. We always monitor pending sales because they lead to close sales. Most economists that follow the real estate market believe that this fall will be strong in terms of

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Douglas County Real Estate Market Trends for July 2014

Greetings: Our real estate activities have been mixed this year so far. We have seen spurts when activity have been insanely busy then it slows but it never stops. The two biggest causes is the lack of inventory in the price ranges from $150,000 to $250,000. The other reason is that the buyers are having

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Douglas County Real Estate Market Trends for July 2014

Greetings: I just celebrated my 50th class reunion here in Roseburg this past weekend! Yes, the class of 1964, met 4 days in a row. We visited with one another and shared stories of our high school days and what we have been up to over these past 50 years. Mostly the discussion centered around

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Douglas County Real Estate Market Trends for June 2014

Greetings: We hosted our 9th annual Golden Apple awards where we recognized some 32 teachers that teach in our Douglas County schools for their achievements in education. So far we have recognized over 285 teachers for their commitment in helping the students of Douglas County realize their dreams. I feel very humbled by their many

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Douglas County Real Estate Market Trends for May 2014

Greetings: The national economy seems to be recovering more slowly than anticipated. Most economist predicted that we would see a 3-5% increase in the GDP by now but because of the sagging real estate recovery that has not happened. As many of you recall, the robust economy that we all saw in 2000-2007 was due

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Douglas County Real Estate Market Trends for April 2014

Greetings: The national economy seems to be recovering more slowly than anticipated. Most economist predicted that we would see a 3-5% increase in the GDP by now but because of the sagging real estate recovery that has not happened. As many of you recall, the robust economy that we all saw in 2000-2007 was due

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Douglas County Real Estate Market Trends for March 2014

Greetings: I was very encouraged by the actions that Roseburg Forest Products took in the salvaging of their timber after the big forest fire in the Glendale area that destroyed over 90,000 acres of private and public land last fall. They are in the process of harvesting the burned timber and processing it at their

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Douglas County Real Estate Market Trends for February 2014

Greetings: “So far this year, real estate sales are underperforming with sales down 5% to 8% from one year ago,” says Lawrence Yun, NAR Chief Economist. Annual real estate sales across the country reached an all time of 7.1 million in 2005 and are projected to finish 5 million in 2014. ” Even though we

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