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Eugene and Springfield Real Estate Report 11/10/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

Wow, there was lots of rain and wind over the weekend with more on it's way.  One thing for sure is that our leaves are really coming down right now.  It's truly Western Oregon Fall weather time.

The election is over and now we finally have some relief from the hundreds of campaign ads we were seeing every day.  Whether or not we now begin to expereince the same kind of relief with the national housing market is yet to be seen.  The one thing that I can tell you though is that whether you are an investor in the stock market or the housing market, there are investment opportunities available right now that only come about once in a generation.  Many fortunes are made in markets just like the one we are expereicning today.  Our choice is to quietly watch or participate.

Have An Awesome Week!

THIS WEEKS HOT LISTINGS!

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4848 Camellia, Springfield, Oregon

Price: $180,000.00

Beds: 3

Baths: 2

Sq Ft: 1212

Description: Charming 1-level home with spacious backyard in quiet location. The home features a living room with wall-to-wall carpet and bay window, a large famiy room with stone fireplace and a kitchen with a br ....

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6156 Graystone Loop, Springfield, Oregon

Price: $669,000.00

Beds: 4

Baths: 2.5

Sq Ft: 3665

Description: High end amenities throughout, slate, natural stone, antiqued granite, custom cabs, hickory floors, natural gas appli's. Main level master, vaulted great room. Bonus on upper. Professional landscaping ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Area Real Estate Update 10/22/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

There is nothing better than the gorgeous Fall we are having this year in the Eugene and Springfield area.  There is more good weather on it's way!

As the economy becomes one of the most important issues for the political candidates right now, it also in very much on the minds of every citizen in this country.  Sometimes our worries over the economy can become our worst enemy.  This is evident by the fact that there are so many extremely good home purchase opportunities and few people are taking advantage of them.  This is a good time to think outside the box and not follow the crowd.  If you are looking for good investement opportunities keep a close watch on the Real Estate market in our area.  We are finding many very attractive home purchase situations right now. If you are a move up buyer, there will not be a better opportunity to take advantage of the market and benefit from what could be a once in a lifetime market condition.

Have An Awesome Week!

THIS WEEKS HOT LISTINGS!

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3690 River Pointe Drive, Eugene, Oregon

Price: $550,000.00

Beds: 3

Baths: 2.5

Sq Ft: 2976

Description: This is an absolutely beautiful home with a fantastic floor plan and very large backyard. It features wood floors, wall-to-wall carpet, skylights, canned lights, granite counters, stainless steel appl ....

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6093 Graystone Loop, Springfield, Oregon

Price: $669,000.00

Beds: 4

Baths: 3.5

Sq Ft: 2479

Description: This gorgeous, 2-story, 4-bedroom, 3.5-bath, 3-car garage, home has an amazing view of the mountains and valley. It is set in a quiet location with a fenced backyard and 2 decks! It has a speciou ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Eugene and Springfield Real Estate Update 10/19/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

The stock market remains on a roller coaster and economic confusion grips the nation.  With all of this there is a silver lining.  The Real Estate market for home buyers is doing nothing but becoming more attractive.  I am starting to find some extraordinary home deals for our buyers. If you are thinking about a home purchase, please get in touch and we can give you some information on how you can take advantage of the great home purchase opportunities that exist right now.

Have An Awesome Week!

 

THIS WEEKS HOT LISTING!

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1616 Kellog Road, Springfield, Oregon

Price: $255,000.00

Beds: 4

Baths: 4

Sq Ft: 2550

Description: This very welcoming 2-story family home has 4 bedrooms and lots of options. 2 additional rooms could  even make this into 6 bedrooms. Home has two master suites on each level with private baths. ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Eugene Real Estate news 10/15/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

Snow in the mountains and cool nights along with the changing colors of the trees means that Fall has arrived in full swing in the Eugene and Springfield area.

Last weeks sharp decline with the stock market has everyone in this country wondering where we are headed financially.  This lack of confidence is certainly spilling over into the Real Estate market.  This is something that our already deflated national housing market does not need.

There could be a silver lining. Look for the Fed to continue it's drop in rates. Believe it or not they could hit 0.  This will bring on sharp reductions in mortgage interest rates, possibly seeing historic lows.  Look for both Fannie Mae and Freddie Mac to come up with new mortgage loan programs and loosen mortgage loan requirements.  Look for lenders to again have money and start looking to actually make loans again. All of this coupled with extremely low home prices and large inventories could create home purchase opportuites like we have never seen before.  Stay tuned!

Have An Awesome Week!

THIS WEEKS HOT NEW LISTING!

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90782 Smith Lane, Coburg, Oregon

Price: $485,000.00

Beds: 3

Baths: 2

Sq Ft: 2105

Description: Secluded farm house with view of open fields and mountains. Beautiful vaulted kitchen with breakfast nook, light & bright living room and family room with lots of modern updates. Well-lit staircas ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Community Real Estate Update-Eugene and Springfield 10/8/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

Our first Winter like storm dappened the area over the weekend.  Don't worry, there is more sunshine on it's way!

Don't look for any immediate change as a result of the bail out bill passed by Congress last week.  Only history will tell us what we just bought for 700 billion dollars.  We can only hope that the most immediate result will be in the way of some improved consumer confidence.  Also, look for the Fed to lower rates when they meet this month.  The combination of some lowering mortgage interest rates and some changes in lending practices could ease the mortgage crisis a bit.

In the months ahead look fo a continuation of soft home prices and the probability of lower mortgage interest rates.  The next six months could offer the very best climate we have ever seen for home purchases in this country. Don't sit back and wait while this one passes you by.

Have An Awesome Week!

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1376 Cal Young Rd., Eugene, Oregon

Price: $245,000.00

Beds: 4

Baths: 2

Sq Ft: 1974

Description: This tidy 1-story home offers a spacious and well-manicured front lawn, 1-car carport, 1-car garage with lots of storage. The living room features hardwood floors and the family room offers wall-to-wa ....

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420 Broadway, Springfield, Oregon

Price: $220,000.00

Beds: 3

Baths: 1.5

Sq Ft: 1438

Description: This charming home has lots of options. It features a wrap-around, covered front porch, gas-ready fireplace, wall-to-wall carpet, spacious master suite with walk-in closet, lots of kitchen storage, fu ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Eugene and Springfield Real Estate Update 9/22/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

A little Fall weather hit us over the weekend and Just in time to help stop the forest fires and settle the dust!

These shaky economic times have certainly had an effect on our local housing market.  The August statistics are in and they continue to point toward a worsening market here in the Eugene and Springfield area.  Closed home sales in August were off by 28.7% over August of 2007.  There were 318 closed sales in comparison to 446 for August of 2007. There was 8.1 months of active home inventory for sale, this was better than July which had 8.8 months, but down from August of 2007 where there was 5.1 months of inventory.  The average time it took a home to sell in August was 105 days and this compares to 66 days in August of 2007.  The median home price declined again and was at $216,000 in comparison to $234,000 for 2007.

The bright spot is that mortgage interest rates continue to drop and the market is by far the best market that I have ever seen for buyers.  Real Estate investors should be taking action now as home prices are low, inventory is high, interest rates are low and rents are very high.  What more could an investor ask for?

THIS WEEKS HOT HOME LISTINGS!

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3125 Elmira Rd

Price: $175,000.00

Beds: 2

Baths: 1

Sq Ft: 1221

Description: This tidy 1-story home offers a spacious and well-manicured front lawn, 2-car carport and fenced backyard with a detached tool shed. The living room features hardwood floors and the family room offers ....

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5624 C Street

Price: $195,000.00

Beds: 3

Baths: 2

Sq Ft: 1288

Description: This 1-level, 3-bed, 2-bath home is in immaculate condition and has lots of modern updates. The living room features a vaulted ceiling, carpet flooring, and a wonderful brick fireplace. The light & ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Oregon Real Estate Update

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

What a gorgeous weekend it was and the weatherman says lots more of the same is on it's way.

The recent bail out of lending giants Fannie Mae and Freddie Mac indicate the continued crisis within the nations mortgage industry.  Several other large national mortgage lenders are in deep trouble and others are just getting out of the lending business.  The crisis within the home mortgage industry stands as one of the largest stumbling blocks for a recovery for the housing market.  Mortgage loan programs can be hard to find at thsi time, especially for first time home buyers.

There are loan programs out there and if you have the right resources you can find loans that meet your needs with very attractive rates.  I have many connections with some very strong mortgage resources.  If you are wanting to purchase a home for your residence or for an investment, get in touch and I can connect you with the best mortgage resources in our market area.

Have An Awesome Week!

THIS WEEK'S HOT HOME BUYS!

 

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6574 Jules Place

Price: $230,000.00

Beds: 3

Baths: 2

Sq Ft: 1544

Description: Light & bright immaculately maintained home. Huge great room with vaults, skylight & fireplace. Spacious kitchen with plenty of cabinets & breakfast bar. Master has large walk-in closet an ....

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1616 Kellog Road

Price: $300,000.00

Beds: 4

Baths: 4

Sq Ft: 2550

Description: This very welcoming 2-story family home has 4 bedrooms and lots of options. 2 additional rooms could  even make this into 6 bedrooms. Home has two master suites on each level with private baths. ....

View this property >>



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Eugene and Sprinfield Oregon Market Update

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

Happy Labor Day!  As we go into September and the Fall months look for the Real Estate market in the Eugene and Springfield area to continue on as a strong buyers market.  With low interest rates this current market offers some excellent opportunities. This is very true if you are a move up buyer.  For example, if your home is worth $200,000 and you have lost 10% in value, the $400,000 home you are purchasing has lost the same percentage of value or more.  This is money in your pocket.  Contact me and I can show you some great opportunities here.

Have An Awesome Week!

THIS WEEKS HOT HOME BUY

 

 

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3469 River Pointe Drive

Price: $545,000.00

Beds: 4

Baths: 4.5

Sq Ft: 3083

Description: ENTRY Covered Front Porch       Leaded Glass Window & Side Lights 2nd-Story Ceiling with Large Arched Window Oak Flooring   FORMAL LIVING ROOM Open ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Eugene and Springfield Real Estate Update 8/24/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

The statistics are in for July home sales in the Eugene and Springfield market.  It appears that the decline in home sales and home values continues on.  Overall home sales declined by 19.4% from July of 2007, while pending home sales really dipped with a decrease of 31.9%.  The inventory of active homes for sale was at 8.8 months and the average time for a home to sell was at 79 days. 

I continue to say that this is the market for home buyers and those who do not take advantage of this market will miss out.  You will never know when it hits bottom until it starts climbing back up.  We have been helping savvy home buyers get some very-very good buys as of late.

Have An Awesome Week!

THIS WEEKS HOT HOME BUYS!

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615 Murin Street

Price: $255,000.00

Beds: 3

Baths: 2.5

Sq Ft: 2052

Description: Beautiful 2-story family home features a multi-purpose den with French doors, a large living room with fireplace and ceiling fan. Kitchen features oak cabinets, built-in appliances and a small desk. T ....

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Property Image

1616 Kellog Road

Price: $300,000.00

Beds: 4

Baths: 4

Sq Ft: 2550

Description: This very welcoming 2-story family home has 4 bedrooms and lots of options. 2 additional rooms could  even make this into 6 bedrooms. Home has two master suites on each level with private baths. ....

View this property >>



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Eugene and Springfield Real Estate Update 8/18/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

What a surprise to wake up to rain showers.  It certainly cleaned the air and settled the dust!

I am continually hearing from those thinking of purchasing a home that "I really don't want to get serious about buying until this market hIts bottom!"  I can tell you from my past experience that you really never know when a real estate market hits bottom until it begins climbing back up again and then you really missed hitting true bottom.  What I would suggest for those thinking of purchasing a home is to look at the market and what it offers and react to that more than speculating on the bottom.  For instance, right now we have a very good inventory of homes that are extremely well priced.  We also have a situation where mortgage interest rates are relatively low.  The combination makes for a very-very attractive buyers market.  Even if home prices drop even further, mortgage interest rates very well could rise and negate any further price reductions.  Furthermore, if you listen to the media and react to what they are reporting you will miss the best part of the market every time.

Have An Awesome Week!

AND HERE ARE THIS WEEKS HOT HOME BUYS!

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1136 57th St

Price: $185,000.00

Beds: 3

Baths: 2

Sq Ft: 1392

Description: This light and bright one level home has been completely updated with fresh paint, new carpet, vinyl and more. The living room has wainscotting and access to the single car garage with a automatic ope ....

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4644 Sedona Drive

Price: $275,000.00

Beds: 3

Baths: 2.5

Sq Ft: 1815

Description: This well maintained family home is located in the Santa Clara area of Eugene and offers 3 bedrooms, 2.5 bathroom, an office and approximately 1,815 square feet. From the covered front porch step into ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Displaying blog entries 1-10 of 10

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Haas Real Estate Team
Keller Williams Realty Eugene and Springfield
2645 Suzanne Way Suite 2A
Eugene OR 97408
Direct: (541) 349-2620
Fax: 541-687-6411
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