Market Update
November 18, 2008
Houses are beginning to move again. Well, at least a little bit. August through October has seen a steady increase in the number of homes closed across Central Oregon. Now, this is especially meaningful, as this isn’t the normal seasonal trend you would expect. Now this isn’t entirely all good news. Closings do not mean anything to home prices, and you can bet that an unusually large percentage of those sales were bank-owned and short sales. This news article just posted today from Southern California. Lots of activity and falling prices. This is the market to be bold and ask for what you want. Anything you want. You just might get it.
Kerry O'Neal has been a licensed broker for over 12 years. He has worked with residential, commercial, and industrial properties in the Central Oregon area for over 5 years. 
Josh grew up in a Portland real estate family. He was buying and selling rental homes and income properties, and managing large multi-family complexes, when most of his contemporaries were just beginning their careers. 
