With low mortgage interest rates making many properties attractive, Medford’s single-family residential prices are on the rise, according to figures released Monday by the Southern Oregon Multiple Listing Service.
“The lower-end and bank-owned stuff has gone quickly,” said Kathy Tinsley, a Coldwell Banker Pro West Real Estate agent in Medford. “There always seems to be a domino effect, the lower end goes and then we start coming up. The lower-mid-priced houses are doing a little better.”
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