Southern Oregon Real Estate Radio Show #21

Southern Oregon’s Real Estate Market can be summed up easily as we enter 2021 — high demand, low inventory.  In fact, as you’ll see in this week’s reports, we are at a critical stage with inventory levels in some price ranges at one week’s worth.  It’s not that way overall but unless more homes are listed for sale, we’ll continue to see more people shut out of the market even though they are qualified to buy. Last week’s stats show low listing levels.  Jackson County has less than 250 residential frame built homes for sale. Low inventory is also one of the subjects on this week’s episode of Southern Oregon’s Real Estate Show. Guy Giles of Mutual of Omaha Mortgage joins Pete & Alice for a discussion about mortgage interest rates that are leaving many approved to buy but choice and variety of homes is so poor.  Show airs KCMX AM 880, Saturday 10 am and Sunday 6 pm.