Medford, Oregon real estate may currently offer home buyers the best
investment op****tunity in fifteen or more years. With hundreds of
homeowners unable to stop bank foreclosure, pressure on the market has
been significant. Over the last two years homes sales have decreased
sharply, real estate values have slid below expected levels, and many
listings sit on the market for months without activity. What should a
first time home buyer, or someone looking to invest for retirement or
kid's college, do? The answer goes against logic.Logic would most
likely suggest that Medford, Oregon real estate investors take a
sidelines approach to this market, and wait for signs of a housing
turn around. That is the safe path, no doubt.
Unfortunately, significant progress in any endeavor seldom follows the
safe path. That could be true now for the southern Oregon housing
market for the following reasons: The general psychological mood
surrounding real estate appears deeply pessimistic. The media paints a
dismal picture almost hourly on the bleak prospects boding for home
values. On top of that, news pertaining to foreclosures regularly
enters the picture as more and more people lose their properties to
the bank. Finally, the FED seems almost oblivious to the hostile
environment the credit crunch has created for home owners trying to
refinance their adjustable rate mortgages. Could things be any
bleaker? Well, they could, but perhaps all the negativity overshadows
an investment truth....
http://groups.google.com/group/szdrealestatel
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