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Monday Morning Real Estate Update 12/18/06

by Galand Haas

It was sure nice to see the sun this past weekend.  It helped make up for the storm that hit us earlier in the week.

The numbers are in for October and it looks like the Real Estate market in the Eugene and Springfield area is not as poor as many would like to think.  There were 603 new listings that hit the market compared with 524 for October of 2005.  There  were 370 homes that hit pending sale status and this is compared to 427 for October of 2005.  There was 386 closed home sales and this is compared to 455 for October of 2005.  The average sales price was $259,400 compared with $243,400 for October of 2005.  In October of 2005 there was 2.8 months of inventory of homes on the market and for October of this year that inventory number was 3.8 months.  Remember, the market technically shifts from a sellers market to a buyers market at 6 months of inventory.

Year to date new listing have increased by 12.1% and closed sales have decreased by 8.5%.  The interesting fact is that with the slight market downturn, home prices continue to escalate.

Have An Awesome Week!

Monday Morning Real Estate Update 12/11/06

by Galand Haas

It was a weekend of heavy traffic at the shopping areas and long lines at the stores.  Tis the season!

The Real Estate market in the Eugene and Springfield area continues to improve as the number of acitve home buyers seems to be on a steady increase.  This has been the trend for several weeks and the number of recent or pending sales has increased as a result.  This trend may continue through the Holidays and possibly even pick up more momentum in January and February of next year.  If you are considering the sale of your home, the next few months may offer you the best opportunity to do so in the the upcoming year.

If you would like an updated look at your homes current market value log onto www.forhomesellers-nonSmartZip.com.  You can order an accurate home value analysis at this site that wil be delivered to you by e-mail.

Have An Awesome Week!   AND HERE'S YOUR MONDAY MORNING COFFEE!!

Monday Morning Real Estate Update 12/4/06

by Galand Haas


 

Good Monday Morning!

It was a little bit cool over the weekend, but beautiful for this time of year.  It is a great time to drive around town and explore all of the Christmas lighting. There are some gorgeous neighborhoods.

It is also a great time of year to purchase a home if you are an interested home buyer.  Currently, there are a large number of great homes for sale that are priced extremely well.  The possibilities for home buyers is the best that it has been in years.  There are also some very competitive mortgage rates out there at this time.  Contact me if you would like information on a variety of great mortgage programs.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Galand Haas Team
Keller Williams Realty Eugene and Springfield
2644 Suzanne Way
Eugene OR 97408
Direct: (541) 349-2620
Fax: 541-687-6411

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