Thursday, January 15, 2009

Florence Market History

According to a USA Today article in Sept of 2004, Florence, Oregon was the #1 place to retire in the US. A typlical 3 bedroom home was selling for around $139,000. By January 1st 2005, there were only 8 residential homes for sale in Florence and surrounding areas for around 100 Realtors. By fall of 2006, the same home was selling for around $270,000. Today, that same home is selling for under $200,000. As of the date of this enrty we have 444 residential properties for sale. The current market has incredible buying opportunities with the lowest interest rates being offered in decades. It may well be in your best interst to consider buying now, especially if you plan on living in or using the property for several years.


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