Real estate activity is ramping up in Eugene, Ore. as low inventory is producing multiple offers, and in some case bidding wars, driving prices up, especially on homes under $250,000. Carol John bought a three-bedroom home in 2010 for $283,000. As her investments soured during the recession and she wanted to downsize and economize, she sold it for $280,000 and purchased a manufactured home for $137,000 in a land lease community. “So I didn’t really lose much, but I didn’t gain anything” she says. As MHProNews has learned from registerguard, Ms. John’s transactions were completed within two weeks, as she prepares to move into her new home July 16.

(Photo credit: Pine Grove Manufactured Homes)