An article posted on CNN Money today listed the top 10 places in the country that they are predicting a housing price rebound. And Medford Oregon was listed as the number 2 spot town in the country.
Predicting economics seems to me to be like fortune telling. One can get lucky, and get it right some of the time, but it is far from a reliable science.
But if you check out my last post about the supply of houses vs. demand, it is easy to see how they are arriving at such predictions.
So all and all, I would call this good news. At the very least, it shows optimism…and that to me is the leading indicator of a healthy real estate market.
If you are interested in buying in this market at this time…please feel free to get hold of me.
Or you can search for a house on my website. Medford Oregon Homes