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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Medford police investigating 'bizarre' shots fired incident Jackson County Library Services won't undergo a name change The RRRink presents Holiday on Ice Hire 'em and pray for snow Advisory warns of blue-green algae bloom at Lost Creek Lake Crime, Courts and Emergency Services Medford police investigating 'bizarre' shots fired incident Emergency services Nurse sentenced after running over boyfriend Promotions announced at local fire departments Applegate man charged with sexually abusing girl over 18-month period Politics and Elections GMO labeling votes recounted under careful watch in Jackson County Kent Bush: First Amendment doesn’t mean what you think it means East Medford's the charm Pot, GMOs unite south Jackson County Buckley again named Ways and Means Committee co-chairman Education Medford school administrators get pay boost Students put their hearts into AIDS event Kitzhaber calls for early education spending in budget proposal Medford leans toward three-quarter-day kindergarten Building audits will help district save energy, and money Environment Advisory warns of blue-green algae bloom at Lost Creek Lake County calls for local control of federal lands Most dredging banned under new proposed guidelines Hawks use I-5 as hunting ground Curbing urban runoff in Gold Hill State News Grand jury: Officers justified in S. Ore. shooting Forest Service: Thin 100K acres of Oregon forest Oregon doctor heads to Ebola zone Prosecutor: Detective to plead guilty to forgery University of Oregon teaching assistants strike Nation - World Grand jury won't indict Ferguson cop in shooting Obituaries Delene Yvonne Pauley Guest Betty Jean Bradetich Slate Catharine Carson Sotzing Cynthia �Cyna� Ann Death Notices Weather Photo Galleries Since You Asked Videos Web Cams Mail Tribune 100 Sports Latest Stories OSU football coach hired by Nebraska Panthers pick up big win Panthers skate past Comets Payton II leads Oregon St. over MVSU Duke rises to occasion, downs Wisconsin Varsity 541 College Sports OSU football coach hired by Nebraska Payton II leads Oregon St. over MVSU Duke rises to occasion, downs Wisconsin Oregon romps past NAIA Concordia Familiar Foes Pro Sports 76ers avoid worst start in history Cowboys look to bounce back against Bears 2015 European Tour season opens in Sun City Durant back, but Thunder falls Aldridge's helping hand propels Blazers Community Sports Keeping Fit: Runners need to do more than run to stay in shape RESULTS/STANDINGS LOCAL EVENTS Business Latest Stories Blog: Costco closed Thanksgiving, but Nov. sales grew More sales, but no change in residential housing median price People in Business, Dec. 3 Blog: Mobile shopping continues to make inroads Blog: Thoughts from an analyst who is bullish on Lithia Real Estate News More sales, but no change in residential housing median price Dear Monty: Violation of HOA rules creates conflict Farmers file suit over GMO crop ban Financial webinars offered for veterans and their families Home prices rise across Jackson County People In Business People in Business, Dec. 3 People in Business, Nov. 18 People in Business, Nov. 8 Transportation Allegiant Air will resume Medford-Phoenix service May 22 Medford airport passenger counts sky high in October Erickson reports third quarter profit Agriculture Southern Oregon wine industry had a robust 2013 Farmers file suit over GMO crop ban Lawsuit seeks to overturn Jackson County's GMO ban or net $4.2 million for farms Latest count shows Measure 92 supporters narrowing deficit Opinion Latest Granlund cartoon: Justice and Eric Garner Kent Bush: Do you want fries with that sermon? Letters to the Editor, Dec. 4 Our View: Cheers and jeers Guest Opinion: It's time Oregon put a price on carbon Editorials Our View: Cheers and jeers Our View: Stay flexible on kindergarten hours Our View: Waiting for someone else to step up Our View: What's in a name? Not that much, really Other Views: Klamath Basin agreement deserves approval Letters to the Editor Letters to the Editor, Dec. 4 Letters to the Editor, Dec. 3 Letters to the Editor, Dec. 2 Letters to the Editor, Dec. 1 Letters to the Editor, Nov. 30 Guest Opinions Guest Opinion: It's time Oregon put a price on carbon Guest Opinion: Are we the preferred path to global devastation? Guest Opinion: Fight for the rights of independent voters will continue Guest Opinion: 'Natural' not necessarily better for forest management Guest Opinion: County voters rebuffed judicial appointment process Lifestyle Latest stories Community blog: Merry Christmas 10 Barrel! (Big Brewery vs Small Independent Brewer) Community blog: Lentil cooking water doubles as soup stock Kent Bush: Do you want fries with that sermon? In Good Faith: Advent explosion Dr. Murray Feingold: Say it like you mean it Food Community blog: Merry Christmas 10 Barrel! (Big Brewery vs Small Independent Brewer) Community blog: Lentil cooking water doubles as soup stock 'Amazing' Soup Roxy Ann winemaker has roots in Napa Valley Community blog: Post-holiday soups easy on the budget, waistline Home and Garden Troubleshoot common water boiler problems Dear Monty: Ten helpful home-listing tips Home Help: Luxurious upgrades don’t have to break the bank 9 ways to green your gift wrap Dear Monty: How to find a good real estate attorney Health Dr. Murray Feingold: Say it like you mean it Community blog: Guiltless Holidays Better for our Health HealthStyle: Develop an attitude of gratitude Health Watch: Fuel up on carbs before workouts Health insurance enrollment help available Hiking Biking Faith Religion news: Pope aims to expedite sex abuse rulings Religion news: Seattle-based mega-church dissolves Religion Briefs 'Walk the talk' Religion briefs Milestones and Achievements Hire 'em and pray for snow Madi-Stiles A New Song Rogers-Horn New Arrivals Columnist for a Day Rogue Healthy Aging Tempo Latest stories Bedford Falls comes to life at Randall SOU presents all-percussion concert Soroptimist holiday home tour features four houses this weekend Ashland's First Friday Art Walk showcases new exhiits by regional artists Brunch at Loft Brasserie Theater Bedford Falls comes to life at Randall Camelot presents 'Fiddler on the Roof' OCT's holiday show is a wonderful play New 'Alice' has some for kids ... and adults 'It's a Wonderful Life: A Live Radio Play' opens at Oregon Cabaret Theatre Music SOU presents all-percussion concert Shae Johnson releases 'Can You Feel the Music' Jeff Kloetzel releases 'Long Time Coming' A new guitar slinger in town Peter Chianca: Top 40 songs even a dad could love Community Events Soroptimist holiday home tour features four houses this weekend Ashland's First Friday Art Walk showcases new exhiits by regional artists 2014 Providence Festival of Trees A grand illumination at the Commons Lighting up memories Dining Brunch at Loft Brasserie The Bohemian Club Thanksgiving comes early at Taprock Word of Mouth: Brunch at Brothers' Restaurant Tempo Videos Classifieds Jobs Autos Real Estate FEATURED » Obituaries Blogs TV Listings Movie Listings Oregon Outdoors Oregon Healthy Living Magazines & Special Sections NEWS NOW Medford police investigating 'bizarre' shots fired incident ... Jackson County Library Services won't undergo a name change ... Hire 'em and pray for snow ... Medford police investigating 'bizarre' shots fired incident ... Jackson County Library Services won't undergo a name change ... Hire 'em and pray for snow ... REAL ESTATE Home prices rise across Jackson County More houses come on the market as well By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Nov. 5, 2014 @ 12:14 pm Updated Nov 5, 2014 at 6:02 PM By Greg Stiles Mail Tribune Posted Nov. 5, 2014 @ 12:14 pm Updated Nov 5, 2014 at 6:02 PM » Social News There are more homes on the market in Jackson County, prices are up and the level of sales has increased. Figures compiled by Southern Oregon Multiple Listing Service show that in the three-month period ending Oct. 31 the median price for existing single-family homes rose 4.9 percent — to $215,000 from $205,000 a year ago. Inventory of homes on the market grew 12.6 percent to 1,271 from 1,129 from a year ago. The pace of existing home sales during the three-month period picked up 7.6 percent, led by east Medford and Eagle Point. “The reason there is more inventory is when prices go up more, people are out from underwater and actually able to sell their houses without a short sale,” said Terry Rasmussen, an agent with John L. Scott in Medford. “The vast majority of people who were underwater aren’t underwater any more. Still there is a process; for a lot of people it takes a year or two to decide what they’re going to do and then make a move.” He said potential buyers who lost their homes to foreclosure or short sales are beginning to regain lost credit standing. Coupled with interest rates that dipped a quarter of a percent in recent weeks, it makes sense for some renters to become homeowners again. “Rents are up 7 percent in the last year,” Rasmussen said. “When you lock in a payment, the landlord is not raising your rent, your terms are set, the tax benefits are yours and you’re building your own wealth.” Median sales prices increased in 10 of 13 urban geographical areas tracked by SOMLS, led by a gain of 23.3 percent in northwest Medford to $177,500, 14 percent in White City to $148,735 and 10.6 percent in Ashland to $356,000. During October, the median price for homes in unincorporated areas of the county slipped to $207,000 from $208,950 a year ago. During the past three months, normal transactions accounted for 88.1 percent of local sales at a median of $225,900. “Right now, it’s looking good,” Rasmussen said. “There are good interest rates, plenty of inventory, people are coming out from under their credit woes. All of those things are built into a good market.” By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Nov. 5, 2014 @ 12:14 pm Updated Nov 5, 2014 at 6:02 PM » Comment or view comments Reader Reaction » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Stay Informed Email newsletter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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