WEATHER IN LINCOLN COUNTY

 

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Lincoln County Weekly Real Estate Report – Tammy Gagne, Broker

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LINCOLN COUNTY REAL ESTATE
Weekly Market Report
Data provided by Lincoln County Board of Realtors
Prepared by Tammy Gagne – Advantage Real Estate
6/6/2016 to  6/13/2016

RESIDENTIAL UNITS
FOR SALE                                                1051
SALES PENDING                                    238
SOLD – June 6 to June 13                         27
2016 YEAR TO DATE SOLD                  507
2015 YEAR TO DATE  SOLD                 476
LOTS AND LAND
FOR SALE                                                664
SALES PENDING                                    24
SOLD – June 6 to June 13                        4
2016 YEAR TO DATE SOLD                  85
2015 YEAR TO DATE SOLD                  99
Not only is student loan debt delaying first-time homebuyers, it is delaying them for a long time. 71% of non-homeowners with debts from student loans said the burden of those monthly payments was keeping them from buying a home. More than half said it would likely continue do so for more than five years, according to a new study by the National Association of Realtors and SALT, a consumer literacy program provided by nonprofit American Student Assistance.

MORTGAGE RATES
30YR FIXED – 3.625%
FHA/VA – 3.25%-3.5%
15 YEAR FIXED – 3.00%
5 YEAR ARMS –  2.75 – 3.25% depending on the lender

Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

 

 

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