Cleo Wolfus Real Estate

02/27/2024

01/17/2024

Here's the most up to date info on the housing market in Southern Oregon available. There may not be enough inventory of homes available to have as many options as buyers may want. If you are looking to buy, the best thing to do for yourself is get ready. This means get your financial situation together and talk to your local lender about what you can afford. It's a waiting game of watching the market and being ready to pounce when you find the right one. DM me if you need help on finding specific kinds of properties or need resources. I'm your local Real Estate Agent!

10/21/2023

A little something for Spooky Season!

09/30/2023

🏡 It’s the Keller Williams Open House Extravaganza this weekend in Oregon!

If you are in house hunting mode,
we are ready to help you!

I’ll be showing this one today!
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️

1420 NW EL DORADO CT
Roseburg, OR 97471 ❤️
List Price: $365,000
12:00 PM – 03:00 PM

189 SE DARRELL AVE Winston, OR 97496
List Price: $299,900
11:00 AM – 02:00 PM

1690 NE ALAMEDA AVE Roseburg, OR 97470
List Price: $327,900
11:00 AM – 02:00 PM

2751 RIDGEWAY DR Reedsport, OR 97467
List Price: $399,000
11:00 AM – 02:00 PM

280 ADDISON AVE Sutherlin, OR 97479
List Price: $440,000
11:00 AM – 02:00 PM

766 Griffin Oaks Dr Central Point OR 97502
List Price: $489,000
12:00 PM – 03:00 PM

209 Terrace Street Ashland OR
List Price: $575,000
11:00 AM – 02:00 PM

2023 Jeremy St Central Point OR
List Price: $565,000
11:00 AM – 02:00 PM

381 Pinetop Terrace Shady Cove OR
List Price: $460,000
12:00 PM – 03:00 PM

2552 Thorn Oak Dr Spc 72 Medford OR
List Price: $
11:00 AM – 02:00 PM

1242 Drake Dr Chiloquin OR 97624
List Price: $435,000
11:00 AM – 01:00 PM

2138 Madrona St North Bend OR 97459
List Price: $499,000
12:00 PM – 02:00 PM

09/26/2023

I’ll be hosting on Saturday!

Keller Williams Realty Southern Oregon's Annual Open House Extravaganza is just 1 week away. Come out and support your community by bringing a non-perishable food item to one of our open houses.

09/17/2023

📈 **Real Estate Insights** 📈
Fewer sellers are listing their homes to keep their low mortgage rates, which means overall homes for sale have declined. But don't let that deter you. I'm here to help you navigate the market!

09/05/2023

Concerned about Rates? Consider a Temporary Buydown.

Higher rates mean higher payments but less competition. One way to lower your payments is a temporary buydown paid for by the seller.

“In a temporary buydown, the effective interest rate that a borrower pays during the early years of the mortgage is reduced as a result of the deposit of a lump sum of money (sometimes called a “subsidy”) into a buydown account, a portion of which is released each month to reduce the borrower's payments.

A common temporary buydown is a “3-2-1,” meaning the mortgage payment in years one, two, and three is calculated at rates of 3 percent, 2 percent, and 1 percent, respectively, below the rate on the loan.” FNMA

We are happy to explore how we are using buydowns to help save homeowners thousands of dollars and start building equity.

Happy House Hunting!

08/23/2023

I will be hosting an Open House for Tammie StClair Wednesday 8/23 from 4pm-7pm. Come to 2023 Jeremy Street and see this beautiful Central Point home in Blue Grass Downs. If you are or know someone who is ready to purchase a newer home, please share this information with them! Hope to see you there!

08/11/2023

Will Higher Rates Result in Lower Home Prices?

Last year, rates went above 7%, and home prices decreased. This year, the dynamics have shifted. With more buyers than available homes, prices are on an upward trajectory.

Current Listings: Homes on the market are down 10% from last year. However, the decrease in new contracts is just 5%, indicating sustained demand.

Market Snapshot: Among the nation's 200 major markets, only 7 have returned to pre-pandemic inventory levels. That means tighter choices for buyers.

Price Update: Since the start of the year, the median home price has increased by 11%, as reported by Redfin.

If you're considering waiting for better conditions, be cautious. Delaying now might mean missing out on building equity and potentially paying more later, especially if rates decrease. Interested in understanding the implications of waiting in our current market? We're here to help.

Happy House Hunting!

08/04/2023

Rogue Valley homeowners have lovely farm gardens!

I know this isn't an option for all but shout out to those creating a food forests on your property! :)

08/02/2023

Are you interested in buying a house urgently? This one is ready and it’s a gem!