southern Oregon economy

New Jobs Added In Jackson County, But Unemployment Rises

By Jim McCoy Mon 22nd July Newsjobssouthern Oregon economy
510 jobs were added to payrolls around Jackson County during the month of June, but the unemployment rate rose slightly higher according to a report released Monday. Jackson County's seasonally adjusted unemployment rate is 9.6 percent, up slightly from 9.5 in May. That's still an improvement over June, 2012's rate of 10.9 percent. The private sector grow by 1,050 jobs.Read More »

Report:There's Good News For Sellers In Jackson County

The housing market is continuing its upward trend in southern Oregon. The median sales price for an existing home in Jackson County is up to $189,000 in the most recent rolling quarter that ended June 30, an increase of 16.7% compared to the same time one year ago. Normal transactions represented 78.4% of existing home sales.Read More »

New Figures Show Gains in Southern Oregon Employment

By Jim McCoy Mon 24th June Newsemploymentsouthern Oregon economy
According to figures released today from the Oregon Employment Department, Jackson County's payrolls picked up 620 jobs in May. The seasonally-adjusted unemployment rate fell from 9.6 to 9.5 percent. The leisure and hospitality picked up 280 jobs in anticipation of the tourist season, and the retail sector grew by 220 jobs.Read More »

Jackson County Home Prices Going Up, Inventories Are Coming Down

A new report shows sales prices for homes in Jackson County skyrocketing 30-thousand dollars over this time last year. One year ago the median price of a home was $155,000. The Rogue Valley Association of Realtors says the median price is now $185,750 in the rolling 90-day report that concluded May 31st.Read More »

Real Estate Sales Report Indicates Robust Market

Shrinking inventories and fewer distressed or bank-owned properties in the market are leading to rising prices in the Jackson County real estate market.Read More »

BREAKING NEWS: Lower Inventory Pushing Existing Home Sales Prices Higher in Southern Oregon

By Jim McCoy Wed 3rd April Newsreal estatesouthern Oregon economy
The most recent report from the Rogue Valley Association of Realtors reflects a robust market. The median sales prices in Jackson County has jumped 26 percent to over $182,000. So-called “normal” transactions now comprise roughly two-thirds of all transactions at 66.9 percent.Read More »

Jackson County Real Estate Picture Gains Further Strength

By Jim McCoy Tue 5th February Newsreal estatesouthern Oregon economy
The real estate picture in Jackson County continues to show growing strength. In the most recent rolling quarter, the Rogue Valley Association of Realtors reports a 2.7 percent increase in existing homes sales over the same time last year, 455 homes compared to 443. The median sales price spiked 27.1 percent to $183,000 and normal transactions represented 64 percent of sales.Read More »

Vitality Seen in Local Real Estate Market

By Jim McCoy Wed 5th December Newsreal estatesouthern Oregon economy
Real estate sales continue their upward trend in Jackson County. The Rogue Valley Association of Realtors finds that existing home sales have increased 21.1 percent from this time last year, and the median sales price has risen 19.1 percent to $179,900 over the same period last year. A big factor is the decreasing presence of bank-owned properties and short sales.Read More »

County Employment Reports Show Slight Improvement

By Jim McCoy Mon 19th November Newsjobssouthern Oregon economy
A slight improvement was seen throughout much of southern Oregon employment for the month of October. Jackson County payroll employment grew by 830 jobs, and the seasonally-adjusted rate of unemployment went down from 10.7 to 10.6 percent.Read More »

Median Sales Price on Jackson County Homes Climb Again

By Jim McCoy Fri 2nd November Newsreal estatesouthern Oregon economy
If you’re selling a home in Jackson County, there’s encouragement in a new report from the Rogue Valley Association of Realtors. In the most recent rolling quarter, the median price rose 11.6 percent to 174-thousand dollars. That’s up over 18-thousand dollars from this time last year.Read More »

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