Eastern Time:
Medford Oregon
Medford is the county seat of Jackson County, Oregon. The city is largest direct marketer of fruits and food gifts in the United States. Medford's climate is considerably warmer, both in summer and winter than its location would suggest.
Medford Real Estate
The Medford real estate market is growing rapidly. New homes are being built in Medford at a staggering
pace. Much of this Medford real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Medford and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Medford has begun to soften
a bit. The softening market has prompted some sellers to increase incentives
to sales agents and buyers, ranging from increasing sales commissions to
reducing pricing. Many believe this presents an opportunity to scoop up
hot Medford homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Medford's real estate market remain sound
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