Residential properties available for purchase in Ashland, Oregon, constitute the real estate market within that specific geographic locale. This includes single-family dwellings, condominiums, townhouses, and other types of residential structures actively listed for acquisition through real estate agencies, online portals, or private sales. Market dynamics are influenced by factors such as property values, interest rates, and local economic conditions.
The availability of dwellings in Ashland, Oregon, presents opportunities for individuals seeking to establish residency, invest in real estate, or relocate within the region. Historically, the area has demonstrated appeal due to its cultural amenities, educational institutions, and scenic surroundings. This desirability often translates into a competitive marketplace influenced by supply and demand, consequently affecting pricing and negotiation strategies.
Understanding the nuances of the local property landscape requires careful consideration of various factors. These include property valuation, neighborhood characteristics, and relevant legal considerations. Further exploration will address aspects critical to prospective buyers and sellers engaging in real estate transactions within this specific locale.
1. Property Valuation
Within the Ashland, Oregon, residential market, property valuation serves as a foundational element, dictating the initial asking price and ultimately shaping the transactional landscape. Its influence manifests as a direct consequence of market dynamics, where perceived worth clashes with tangible attributes. A property’s appraised value, reflecting square footage, lot size, location, and condition, becomes a benchmark. However, external factors like neighborhood desirability, school district ratings, and recent comparable sales can significantly inflate or deflate that initial assessment. Consider, for instance, a craftsman bungalow nestled near Lithia Park. Its intrinsic value, based on construction and materials, might be overshadowed by its proximity to the park and the associated lifestyle benefits, leading to a higher valuation.
The accuracy of property valuation directly impacts both sellers and prospective buyers. An inflated valuation may deter potential buyers, extending the listing period and potentially leading to price reductions. Conversely, an undervaluation could result in a swift sale but a diminished return for the seller. The role of a qualified appraiser becomes crucial here. Their professional assessment, grounded in market data and objective evaluation, mitigates the risk of mispricing. For example, the assessed value of a property on Ashland’s outskirts, lacking the amenities of downtown, relies heavily on verifiable sales of comparable rural properties. Without accurate valuation, the property will either sit on the market or be sold at a loss to the seller.
Ultimately, property valuation is not merely a number; it’s a reflection of market sentiment and the perceived worth of a dwelling within the broader context of Ashland’s real estate environment. Understanding the principles of valuation, the factors that influence it, and the potential challenges associated with inaccurate assessments empowers both buyers and sellers to navigate the acquisition and disposal processes with confidence, thereby safeguarding their financial interests in a dynamic market.
2. Neighborhood Demographics
The character of a community, woven from the threads of its inhabitants, significantly shapes the appeal and, by extension, the value of residential properties. In Ashland, Oregon, the demographic composition of each neighborhood becomes a subtle yet powerful undercurrent influencing decisions related to real estate. Families might gravitate toward areas known for excellent schools and child-friendly environments, while retirees may seek quieter, more established locales with access to specific amenities. The prevalence of artists and theater enthusiasts impacts the cultural vibrancy of certain districts, further defining their desirability. This demographic influence, far from being arbitrary, is an organic element within the equation of “homes for sale in ashland oregon.” It translates directly into demand and, consequently, the economic worth of a particular address.
Consider the historical example of the Railroad District, once an overlooked industrial area. As artists and entrepreneurs, attracted by lower rents and ample space, began to populate the area, the neighborhood experienced a renaissance. Cafes, galleries, and studios replaced warehouses, altering the demographic profile and increasing property values exponentially. Conversely, a neighborhood experiencing a decline in its family population might see a corresponding decrease in demand for larger homes, affecting the selling price of those properties. These localized shifts reveal the profound interplay between who resides within a community and the desirability, and ultimately the value, of the housing stock available there. This understanding allows prospective buyers to assess not only the physical structure of a dwelling but also the social and cultural ecosystem they are about to enter.
Navigating the complexities of neighborhood demographics requires more than a cursory glance. It demands a nuanced understanding of social trends, economic indicators, and cultural shifts that shape the identity of each community within Ashland. By carefully considering these factors, informed decisions can be made about property investment, long-term residency, and the alignment of personal values with the surrounding environment. The challenge lies in recognizing the subtle nuances, interpreting the demographic data, and predicting future trends to secure a property that not only meets immediate needs but also appreciates in value as the community evolves. The confluence of people, place, and property represents a cornerstone of the Ashland real estate market.
3. Market Trends
The ebb and flow of economic tides, manifested as market trends, exert a constant and often unpredictable influence on the acquisition and disposal of residential property. In Ashland, Oregon, these currents are no less potent. Understanding the prevailing forces shaping the real estate environment is crucial for both the seasoned investor and the first-time homebuyer. The story of each property transaction is, in essence, a chapter within the broader narrative of these overarching market movements.
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Interest Rate Fluctuations
The rise and fall of interest rates directly affects borrowing power. When rates are low, prospective buyers gain access to larger loans for the same monthly payment, inflating demand and pushing prices upward. Conversely, rising rates dampen demand, potentially leading to price stagnation or even decline. One can recall the period following the 2008 financial crisis when historically low rates spurred a rebound in the housing market, benefiting sellers but making competition fierce for buyers. The interplay is clear: interest rates are a key lever manipulating the availability and affordability of “homes for sale in ashland oregon”.
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Seasonal Variations
Real estate activity is often subject to predictable seasonal patterns. In Ashland, spring and summer typically see increased activity as families seek to relocate before the start of the school year. This heightened demand can drive up prices and shorten the time properties remain on the market. Conversely, the winter months often bring a lull, with fewer listings and potentially more negotiating power for buyers. The savvy observer anticipates these cycles, timing purchases or sales to capitalize on the prevailing conditions. Failing to account for seasonal variations could mean missing out on an advantageous deal.
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Economic Indicators
Local and national economic health serves as a barometer for the real estate market. Strong job growth, rising wages, and consumer confidence generally translate into increased demand for housing. Conversely, economic downturns, characterized by job losses and uncertainty, can lead to a decline in property values. Ashland, with its dependence on tourism and the performing arts, is particularly vulnerable to fluctuations in these sectors. A decline in visitor numbers, for instance, could ripple through the local economy, impacting the willingness of individuals to invest in real estate. The intelligent approach involves monitoring these economic signals and adjusting strategy accordingly.
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Inventory Levels
The balance between the supply of available properties and the demand from prospective buyers plays a critical role in price determination. A low inventory environment, where the number of listings is limited, creates a seller’s market, empowering homeowners to command higher prices. Conversely, a high inventory environment favors buyers, allowing them to negotiate more favorable terms. Ashland’s unique geography and development restrictions often contribute to inventory constraints, making it essential to monitor the number of “homes for sale in ashland oregon” actively available. The ability to assess this dynamic is crucial for achieving a successful outcome in any real estate transaction.
These interconnected facets of market trends paint a complex picture, constantly shifting and evolving. To successfully navigate the market for “homes for sale in ashland oregon,” requires vigilance, research, and a willingness to adapt to the prevailing conditions. The individual who possesses a clear understanding of these forces is best positioned to make informed decisions and achieve their real estate goals.
4. Inventory Availability
The availability of dwellings is the heartbeat of the Ashland real estate market. When listings are plentiful, a buyer walks into a bazaar of options; choice becomes a commodity. Conversely, when the supply dwindles, the market transforms into an arena of fierce competition, where desperation can dictate inflated prices and waived contingencies. The narrative of “homes for sale in ashland oregon” is perpetually shaped by this fundamental dance of supply and demand, influencing the dreams and financial futures of all involved. Consider, for instance, the period following the 2020 wildfires. The destruction of homes in surrounding areas created a surge in demand for Ashland properties, driving inventory to historic lows. Suddenly, modest bungalows commanded prices previously reserved for luxury estates. The absence of choices transformed the buyer experience from one of careful deliberation to one of urgent action.
The ripple effects of limited inventory extend beyond price escalation. Reduced availability shrinks the pool of potential matches between buyers and properties. Individuals seeking specific features a large garden, a detached studio, a view of Mount Ashland may find themselves forced to compromise, accepting homes that fall short of their ideal. This compromises may be short term or long term depending on the market. For instance, a young family might settle for a smaller yard near downtown and wait for a market correction. The absence of adequate inventory, therefore, can reshape the social fabric of a community, influencing who can afford to live in Ashland and how they live there. The tale is told in the sacrifices made, the dreams deferred, and the compromises accepted.
Understanding the dynamics of inventory availability is thus paramount. It is not merely a statistic to be glanced at but a vital sign to be carefully monitored. The challenges lie in predicting the ebb and flow of supply, anticipating factors that may trigger scarcity or abundance. The understanding of this connection empowers both buyers and sellers to navigate the market with informed expectations, tempering optimism with realism and transforming anxiety into strategic advantage. The story of “homes for sale in ashland oregon” is, ultimately, the story of how limited resources shape human decisions and influence the landscape of opportunity.
5. Financing Options
The dream of owning property in Ashland, Oregon, often takes flight on the wings of available credit. The relationship between the dwellings and the mechanisms that make them accessible is both symbiotic and pivotal. A craftsman-style bungalow overlooking the valley remains merely a vision until a mortgage is secured, a line of credit approved, or a cash offer presented. The available lending options dictate the range of potential buyers, their ability to compete in the market, and the eventual transaction price. Without the appropriate funding, even the most desirable property remains beyond reach, a stark reminder of the financial gatekeepers guarding the threshold of homeownership.
Consider the tale of two prospective buyers, each drawn to the charm of Ashland. One possesses substantial cash reserves, enabling a swift, unencumbered offer, bypassing the complexities of appraisals and loan approvals. The other, relying on a conventional mortgage, faces a labyrinth of paperwork, credit checks, and interest rate negotiations. In a competitive market, the cash buyer holds a distinct advantage, capable of securing the desired property with greater certainty and speed. The other faces the possibility of being outbid, highlighting the undeniable influence of funding strategies on the final outcome. The fate of their dreams becomes entwined with the intricacies of lenders, interest rates, and down payment requirements.
Ultimately, understanding the landscape of financing options is as crucial as assessing the bricks and mortar of the homes themselves. From traditional mortgages to government-backed loans and creative financing solutions, each avenue presents its own set of opportunities and challenges. Navigating this intricate web requires diligent research, professional guidance, and a clear understanding of one’s financial capabilities. Only then can the dream of owning property in Ashland, Oregon, transform from a distant aspiration into a tangible reality. The financing options truly dictates who is allowed to participate in the market of “homes for sale in ashland oregon.”
6. Legal Compliance
The seemingly simple transaction of acquiring residential property is, in reality, a complex dance with codified law. In Ashland, Oregon, this legal ballet is both essential and unforgiving. A misstep, a forgotten clause, a misinterpreted statute, can transform the dream of homeownership into a protracted and costly nightmare. The landscape of “homes for sale in ashland oregon” is thus not merely one of charming houses and picturesque streets; it is also a carefully constructed legal edifice, requiring meticulous adherence to a vast and often intricate set of regulations.
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Disclosure Requirements
Oregon law mandates transparency. Sellers must disclose known defects that could materially affect the value or desirability of a property. A crack in the foundation, a leaky roof, a history of pest infestation these cannot be concealed. Failure to disclose such issues can lead to lawsuits, rescission of the sale, and significant financial penalties. One could recall the case of the family who purchased a seemingly idyllic home near Ashland Creek, only to discover, after the closing, a history of recurring flooding, a detail conveniently omitted by the seller. The subsequent legal battle consumed years and thousands of dollars, a harsh reminder that buyer beware is insufficient protection; rigorous disclosure is the cornerstone of fair dealing.
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Zoning Regulations
Ashland’s character is carefully preserved through zoning regulations. These rules dictate how land can be used, the types of structures permitted, and the density of development. A buyer might envision adding a guest house to a property, only to discover that zoning restrictions prohibit such construction. Similarly, a homeowner might attempt to operate a business from their residence, running afoul of local ordinances. Zoning is the invisible hand shaping the physical landscape, dictating what is permissible and what is not. The careful examination of zoning regulations is a crucial step in ensuring that a property aligns with one’s intended use and long-term plans.
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Title Insurance and Ownership Disputes
The concept of ownership, seemingly straightforward, can be surprisingly fraught with complexity. Title insurance protects buyers from hidden claims or defects in the title to a property. These claims might stem from past liens, unpaid taxes, or even boundary disputes with neighboring landowners. A clear title is the foundation upon which ownership rests. Without it, a buyer risks losing their investment to a superior claim. Title insurance provides a safety net, mitigating the risk of unforeseen legal challenges that could undermine the very basis of their ownership.
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Environmental Regulations
Oregon’s commitment to environmental stewardship extends to real estate transactions. Properties located near wetlands, waterways, or areas with endangered species may be subject to stringent regulations. Buyers must be aware of these restrictions, as they can impact development potential and property values. For instance, a property bordering Bear Creek might be subject to limitations on construction near the riparian zone, protecting water quality and wildlife habitat. Understanding these environmental considerations is essential for responsible ownership and compliance with state and federal laws.
These interwoven threads of law create a tapestry of legal obligations that every participant in the Ashland real estate market must navigate. Ignoring these threads risks unraveling the entire transaction, leaving buyers and sellers entangled in a web of legal disputes. Legal counsel acts as the weaver, ensuring that each thread is properly aligned, creating a strong and durable foundation for the transfer of property. The world of “homes for sale in ashland oregon” demands knowledge of legal compliance.
7. Property Condition
The physical state of a dwelling serves as a crucial determinant in the narrative of “homes for sale in ashland oregon.” Its influence stretches far beyond mere aesthetics, directly impacting valuation, buyer interest, and the overall trajectory of a transaction. A meticulously maintained Victorian with original detailing tells a story of care and preservation, commanding a premium in the market. Conversely, a neglected ranch-style house, marred by deferred maintenance and visible disrepair, whispers tales of potential headaches, repelling all but the most intrepid buyers and driving down its perceived worth. The property condition serves as a constant dialogue between the past and present, between potential and practicality, shaping the perceptions of all who consider making it their own.
The repercussions of property condition extend beyond the initial sale. A neglected roof, for example, can lead to water damage, fostering mold and structural decay. These hidden issues, undetected during a superficial inspection, can erupt months or even years after the purchase, unleashing a cascade of unforeseen expenses. Consider the story of the young couple who, enchanted by the charm of a Craftsman bungalow, failed to conduct a thorough inspection. They celebrated their new home, only to discover, during the first winter storms, that the aging roof was riddled with leaks. The ensuing repairs, coupled with the cost of mold remediation, shattered their budget and soured their enthusiasm. Their idyllic dream transformed into a cautionary tale, underscoring the critical importance of understanding and addressing property condition before committing to a purchase. The failure to attend to property condition creates long term issues for owners.
Ultimately, property condition is not merely a detail to be overlooked but a fundamental consideration in navigating the complexities of the Ashland real estate market. It demands diligence, thoroughness, and a willingness to invest in professional inspections. By understanding the language spoken by cracks, stains, and outdated systems, buyers can make informed decisions, minimizing risks and maximizing the potential for a successful and satisfying homeownership experience. Property Condition is a key component when seeking “homes for sale in ashland oregon”. The prudent approach involves viewing the property not just with the heart, but with a critical eye, recognizing that the true value lies not just in the facade, but in the structural integrity that supports it.
8. Future Development
The trajectory of residential property values is often inextricably linked to prospective construction and infrastructural projects. This symbiotic relationship is particularly evident within the context of “homes for sale in ashland oregon,” where the promise or threat of future development can significantly alter market dynamics. A new school, a proposed highway extension, or a planned commercial center can act as a catalyst, either boosting desirability and driving up prices or diminishing appeal and depressing values. The cause-and-effect relationship is palpable: future plans materialize into concrete realities, reshaping the desirability and economic landscape of the area. The understanding of these plans, the vision for Ashland’s future, becomes an indispensable component of informed real estate decisions.
Consider, for instance, the proposed expansion of the Ashland Fiber Network. The promise of enhanced connectivity and increased bandwidth has sparked renewed interest in properties located in areas currently underserved by existing infrastructure. Buyers, anticipating the arrival of high-speed internet, are willing to invest in properties that might have been overlooked previously, betting on the transformative potential of this development. Conversely, the announcement of a large-scale housing project near a previously quiet residential area might trigger concerns about increased traffic, decreased privacy, and strained community resources. Existing homeowners, fearing the dilution of their neighborhood’s character, might consider selling before the development materializes, potentially depressing property values in the short term. These contrasting scenarios underscore the practical significance of understanding the impact of future projects.
The assessment of future development is inherently fraught with uncertainty. Plans can change, funding can evaporate, and community opposition can derail even the most meticulously designed projects. Yet, despite these challenges, the attempt to anticipate and understand future development remains essential. By monitoring local government meetings, analyzing planning documents, and engaging with community stakeholders, prospective buyers and sellers can gain valuable insights into the potential transformation of Ashland’s real estate landscape. This understanding empowers informed decisions, allowing individuals to navigate the market with a degree of foresight, mitigating risks and capitalizing on opportunities that might otherwise remain hidden. The story of “homes for sale in ashland oregon” is, in part, a story of anticipation, of trying to glimpse the shape of things to come and positioning oneself accordingly in a constantly evolving environment.
Frequently Asked Questions
The search for a residence often raises fundamental inquiries. Presented below are answers to commonly posed questions, providing clarity for those navigating the local property market.
Question 1: What factors significantly influence property values in Ashland?
Ashland, a city steeped in cultural heritage, experiences a confluence of factors impacting its property valuation. The presence of Southern Oregon University and the Oregon Shakespeare Festival creates consistent demand, particularly for rentals and properties near the downtown core. Additionally, proximity to outdoor amenities such as Lithia Park and the surrounding mountains enhances desirability. A property’s condition, lot size, and any historical designation also contribute significantly to its assessed worth. A recent review of sales data indicated a premium for homes within walking distance of downtown amenities, highlighting the importance of location.
Question 2: What are common pitfalls to avoid when purchasing property in Ashland?
One prevalent oversight involves inadequate due diligence regarding water rights and well usage, particularly in properties located outside the city limits. Another common mistake is failing to thoroughly investigate zoning regulations before planning renovations or additions. Furthermore, given the region’s susceptibility to seismic activity, neglecting to assess a property’s structural integrity can be a costly error. Prospective buyers would be prudent to engage qualified professionals to conduct comprehensive inspections.
Question 3: How does Ashland’s real estate market compare to other areas in Southern Oregon?
Ashland distinguishes itself from surrounding communities with its comparatively higher median property values. This discrepancy stems from Ashland’s established cultural reputation, its vibrant downtown, and its desirable school district. While Medford offers a broader range of housing options at potentially lower prices, Ashland maintains a unique appeal that commands a premium. Recent statistics reveal that properties in Ashland tend to sell more quickly than those in neighboring towns, reflecting sustained demand.
Question 4: What role do seasonal variations play in Ashland’s property market?
Spring and summer months typically witness heightened activity, fueled by families seeking to relocate before the start of the academic year and by individuals drawn to the region’s pleasant weather. This increased demand often translates into higher prices and shorter listing periods. Conversely, the fall and winter months generally experience a slowdown, providing buyers with potentially greater negotiating leverage. A review of historical sales data confirms a discernible seasonal trend, with peak activity occurring between April and August.
Question 5: How can potential buyers best prepare for the competitive environment?
Success in Ashland’s competitive property landscape requires meticulous preparation. Securing pre-approval for a mortgage is paramount, as it demonstrates financial readiness to potential sellers. Engaging an experienced local real estate agent provides access to valuable market insights and negotiation expertise. Furthermore, conducting thorough research on comparable properties and understanding current market trends is essential for formulating competitive offers. A recent case study highlighted the advantage of buyers who presented all-cash offers, underscoring the importance of financial preparedness.
Question 6: What resources are available to assist prospective property owners?
Several resources can aid those seeking residential property in Ashland. The City of Ashland’s website provides access to zoning regulations, planning documents, and other relevant information. Local real estate agencies offer professional guidance and access to property listings. Additionally, various online portals provide tools for researching property values, neighborhood demographics, and market trends. Consultation with legal and financial advisors is also recommended to ensure informed decision-making. Government programs help citizens secure homes.
In conclusion, acquiring residential property demands due diligence, market knowledge, and professional guidance. By addressing these commonly posed questions, prospective property owners can navigate the market with greater confidence.
Moving forward, the subsequent section will delve into strategies for successful negotiations within the unique dynamics of Ashland’s property sector.
Navigating the Ashland Market
The pursuit of residential property in Ashland presents a unique set of challenges. Successfully navigating this market demands more than mere desire; it necessitates a strategic approach, informed by local knowledge and a realistic assessment of one’s resources. The whispers of past transactions echo through the streets, providing invaluable lessons for those who heed them.
Tip 1: Embrace the Off-Season Advantage. The conventional wisdom favors spring and summer, but those who seek true opportunity often find it in the quieter months. Fewer buyers translate into less competition and a greater willingness among sellers to negotiate. There is a long memory of buyers securing better deals during the winter months, their patience rewarded with favorable terms. This requires foresight and resilience, qualities often overlooked in the frenzy of peak season.
Tip 2: Know Your Financial Limits (and Exceed Them Responsibly). Pre-approval is not merely a formality; it’s a declaration of intent. However, securing the highest possible pre-approval can be a double-edged sword. It is crucial to define one’s true affordability threshold and resist the temptation to overextend. The archives are filled with stories of individuals who, seduced by readily available credit, found themselves trapped in houses they could scarcely afford, their dreams dissolving into financial strain.
Tip 3: Engage a Local Expert. The digital age offers a wealth of information, but no algorithm can replace the nuanced understanding of a seasoned Ashland real estate agent. These professionals possess an intimate knowledge of neighborhood dynamics, market trends, and hidden opportunities. It would be wise to not rely solely on online listings. Instead, seek the guidance of a local expert who can provide invaluable insights and navigate the complexities of the market with practiced skill.
Tip 4: Prioritize Due Diligence. The allure of a charming facade can often overshadow potential problems lurking beneath the surface. A thorough inspection is not an expense to be avoided but an investment in long-term peace of mind. Water damage, structural issues, and code violations can transform a dream home into a financial burden. Do not fall victim to the allure of the superficial. Inspect diligently, and protect your investment.
Tip 5: Be Prepared to Compromise. The ideal property rarely exists. The market in Ashland often demands flexibility and a willingness to prioritize needs over desires. A smaller yard might be a reasonable trade-off for proximity to downtown, while a fixer-upper might offer an opportunity to build equity over time. The successful buyer understands the art of compromise, balancing aspirations with the realities of the available inventory.
Tip 6: Consider the Long Game. The real estate market is cyclical, and short-term fluctuations should not dictate long-term decisions. View your purchase as an investment in the future, both financially and personally. Ashland’s enduring appeal suggests continued appreciation over time, rewarding those who approach the market with patience and a long-term perspective.
Tip 7: Understand the Art of the Offer. In a competitive market, the highest bid does not always win. Terms, contingencies, and closing dates can all influence a seller’s decision. A well-crafted offer, tailored to the seller’s specific needs and priorities, can often tip the scales in the buyer’s favor. An offer that demonstrates genuine interest and a willingness to work collaboratively can often prevail over a purely transactional approach.
These insights represent the accumulated wisdom of countless transactions, distilled into actionable strategies. By embracing these principles, the dream of owning property in Ashland can evolve from a distant aspiration into a tangible reality.
The exploration of this particular market has hopefully illuminated the path to future property considerations.
Homes for Sale in Ashland, Oregon
The journey through Ashland’s property landscape reveals more than just addresses and prices. It exposes the interplay of economic forces, community dynamics, and individual aspirations that converge in each transaction. Inventory levels, financing options, legal compliance, property condition, and the shadow of future development all weave a complex narrative that demands careful consideration. Success hinges not only on financial capacity but also on local knowledge, strategic planning, and an understanding of the human element that shapes this market. The presence of homes for sale in Ashland, Oregon shapes the economy.
Like any community, Ashland continues to evolve. The decisions made today regarding property acquisition will shape the character of the town tomorrow. Understanding the market for available residences is a prerequisite for engaging in the preservation and growth of this community. The careful consideration of property in this beautiful area requires constant attention to market changes and economic influences.
