Congratulations to the Meray family for the purchase of their home!!! We are honored to help families like the Meray's purchase homes in the Rogue Valley and it was a pleasure working with you guys! Best of luck!
- Greyson Dixon, The Headley Dixon Team
THE MARKET SHIFT IS HERE!!!
We’ve been having this conversation with our team, our clients, and others that a shift in the market is anticipated very soon. Well, it has now begun! So, what is a ‘shift in the market’ you might ask? Shifts can be positive or negative swing in the demand, value, and price of real estate in a hyper-local market or nationally like we saw in 2007/2008. Real Estate is cyclical, we always have these ‘highs’ and ‘lows’ but the severity is dependent on the world stage, local economies, and money cycles.
Our market and the national market had started rebounding from “the crash” starting in 2011. Since then, there has been a steady increase in home values upwards of 16%+ annually in our county. Depending on the area, some homes have even doubled in value since 2011. Consider Eagle Point, since 2011 the median home value has doubled in five years. Does that sound normal? Too much, too fast? We think so too…
Starting in 2016, home values have started to plateau and many gaining very little in value between last July and this July. Across Jackson County, we have seen an average of 4-5% increase. That still sounds good, right? Sure does! It’s actually sounds like a more normal gain annually. But it has been our experience that the plateau will likely turn into a little bit of a value dip as we cool off from those substantial gains in the last five year.
Some properties in our area haven’t fully recovered from the crash…it’s heart breaking, we know, but a fact we refuse to conceal from our sellers. Here are some more facts:
The East Coast and California usually lead the charge in the normal Real Estate Cycles. If we can assume that this will be true again during this cycle, the market shift is definitely here. We’ve heard an analogy of a layer cake and Real Estate: inventory, financing, appraisals, demand, affordability, rates, jobs, loan programs, and others are all layers. Any shift in one of those layers has an effect on the whole cake. Let’s keep an eye on it! Gather information on your home, land, or investment property and keep in touch! Does it make sense to get ahead of the shift and get a CMA now or wait out and see what happens? It may be helpful to get an accurate CMA just to use as comparison over the next few years…see if we are right! Give us a ring – 541-690-8416 or email us at Alice@HeadleyDixon.com or Don@HeadleyDixon.com.
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For more many years combined, we've made magical connections between customers and properties. The market is "HOT", lending rates are good, so don't wait another moment!
Selling real estate in Southern Oregon is competitive; you're competing with other homes for sale. Just like an athlete, we need to get your home ready to compete:
The Headley Dixon Team, Southern Oregon real estate in Medford, is a sharp group of brokers who put your real estate needs in
Focusing on you, your present and future needs with laser like attention to detail. The real estate market in Southern Oregon provides a plethora of opportunity for families, businesses, retirees, empty-nesters, and first-time home buyers.
We care about what our clients want or need in life and with our team of professionals working together, we can help you buy or sell your home, whatever your needs or ambitions are!
We have bought and sold at least seven homes in our married life. We found the Headley Dixon Team to be the best we have ever experienced in selling our home.. Our questions were always answered immediately. They went the "extra mile" with brochures, signs, open houses, ads in various periodicals and more. We always felt they listened to our concerns and explained everything we wondered about to our complete satisfaction. Our recommendation for this group comes with our sincere approval. If we had stayed in the local area we would also have bought with them!
Mr. and Mrs. Kunze
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