Sunday, September 25, 2005

Housing in Ashland strains at seams

Housing in Ashland strains at seams:

EDITOR'S COMMENT:
This story from the Oregonian seems to describe what is happening in our community. It gives you a feel for the dynamics of our situation at LVH.
rt

"Housing in Ashland strains at seams
Migrating Californians with cash are pushing real estate values ever higher
Sunday, September 25, 2005
MATTHEW PREUSCH

ASHLAND - Broker Barbara Allen and four of her colleagues flew to a San Francisco real estate conference carrying 2,000 Ashland postcards and 1,000 yellow 'LiveStrong' bracelets with Allen's contact information attached. They handed them out to every agent they met.

The strategy was simple: Follow the money. And in Ashland, the money is still coming from California. Enough to land Jackson County among the nation's top 25 places where home prices are growing the fastest. The median price of a home in Ashland, the county's hottest hot spot, jumped this year to $439,900.

The market is so heated that"

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