Homes Sales Increase

MEDFORD, Ore. — Home sales are going up across the country, reaching a five year high and in Southern Oregon, the sales are going up at an even faster rate.

A new report says sales are at their highest totals nationwide since 2007 and realtors in the Rogue Valley say the region is seeing home prices go up and sales increasing.

They also said the supply of available houses is starting to go down as more homes are bought. Realtors also said they are seeing more homes being sold that are not short sales or distressed sales.