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Monday Morning Real Estate Update 12/17/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

If you have not had the opportunity to view the Christmas lights in our community this year, you need to take the time to do so.  They are spectacular!

Buyer interest in homes for sale in our area continues to rebound. Even at this time of year, when we typically see little interest the numbers of home showings continues to increase.  This is a good indication that the first quarter in 2008 will see an increase in home sales.  With mortgage loan interest rates continuing their decline, this could signal the bottoming out of the slow down in home sales for Eugene and Springfield.  It's hard to hit the market right, but my suggestion to anyone interested in buying is to not wait a moment longer.  Thinking that home prices could become even more attractive down the road could be a mistake.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 12/10/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Congratulations to the Marist High School Spartan football team and the Sheldon Irish High School football team for their state championships in Divisions 4A and 6A.  Way to go.

Mortgage interest rates continue to decline.  Last week I saw some 30 year fixed loans at 5.5% to 5.6%.  This is the lowest these rates have been in several years.  Over the past several months, I have been telling prospective home buyers that this is the time to act.  You may not see the market get any better for purchasing a home than what it is right now.  Good markets are hard to hit and many times we wait to see if they will get even better and then miss the chance to really hit it right on.  It's impossible to predict the future, but we just very well may be a that point where you want to think about making your home purchase.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 12/3/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

It was an exciting Civil War football game on Saturday!  Thank goodness the storm did not arrive until Sunday.

National statistics show that we are currently in the largest housing slump in decades.  Locally, we are still on the positive side for home prices and even though the market has slowed we are not experiencing the same market conditions that many parts of the country are seeing.  This shows that there can be a significant difference in markets from area to area.

My experience to date has been that the homes we put on the market for sale will sell as long as the home is priced correctly for this market.  Homes with inflated sales prices will sit without selling.  Time on the market certainly is longer here, but the fact is that homes are selling and there are some whopping great buys out there if you are interested in purchasing a home.  Don't be afraid to take advantage of good local market.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 11/26/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Nothing like a little bit of chilly Winter weather to help us feel in the Holiday spirit!  Christmas is just around the corner.

This message is specifically for anyone who has purchased a home with an adjustable rate mortgage, (ARM).  If your loan is due to adjust within the next 24 months and you plan on living in your home past that time period, it would be a very good idea to think about a refinance of your existing ARM loan right now.  We know that rates are good today and this would take the gamble out of potentially higher rates at the time of your ARM rollover.  If your current lender is offering deals, take a hard look, but also shop around.  I have a list of some very good and competitive lenders.  If you would like a list of these lenders, send me an e-mail.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate update 11/19/07

Monday, December 17, 2007
by Galand Haas

Happy Thanksgiving!

Recently, our local press has given some very biased views concerning our Real Estate market.  The truth is that our local market is fairing much better than many other parts of the country.  It is true that we are no longer in the hot Sellers market of 2006, but we are in the midst of one of the best opportunities for home buyers that our market has had in many years.  The local press has confused our local market with the national market and has not done a good job of giving a true picture of our local Real Estate market.  This kind of reporting can significantly influence a market.  The truth is that right now home buyers can easily get a home loan at a very attractive interest rate.  Home buyers also have the opportunity to choose from a greatly expanded inventory of homes for sale that are at more attractive prices than over the past several years.  The real truth is that we should now be in the hot Buyers market of 2007.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 11/12/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Happy Veterans Day!

Last week, I spent some time reviewing statistics from a number of major Real Estate markets across the country.  The one thing that I noted was the fact that our Real Estate market in the Eugene and Springfield area is currently fairing better than most.  With the Fed's recent decisions to lower short term rates, we could see a trickle down of lower mortgage rates in months to come.  This could begin a slight improvement nationally and have a huge impact on our local market.

I do have one word of caution at this time.  If you are thinking about selling your home, don't wait for Spring.  Your homes value could be less by Spring if the typical situation of higher inventories builds at that time.  If you are serious about selling, get your home on the market now or a the latest by the first of next year.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 11/5/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

What a gorgeous day Saturday was for the Oregon football game.  Congratulations to the Oregon ducks for their new #3 ranking in all of the polls.

The Real Estate market continues to become more of a buyers market in the Eugene and Springfield area.  The good news for sellers is that the decline seems to be slowing and we are starting to see an increase in the number of buyers out there looking.  It just simply is the best time possible to think about buying a house and many home buyers are discovering this fact.  Look for the market to rebound as more buyers get active at purchasing homes.  Parts of California are already starting to see this trend.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 10/29/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

The Oregon and Oregon State football teams win again!  Congratulations to the University of Oregon for being #4 in the nation this week.

The Real Estate market continues to be headline news around the country.  Here in Eugene and Springfield we continue to have a slower market, but we certainly are fairing better than other parts of the country.  As I have repeatedly stated, this is a fantastic market for home buyers and they should be taking advantage of it.  As with the sellers market the buyers market will not last forever.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 10/17/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

What a gorgeous Fall weekend!  It just does not get any better.

Our local Real Estate market continues to hold up with a much better market than what we see nationally.  All of the bad press that we read about the national Real Estate market does not accurately describe our local market.  Certainly the market has shifted some, but overall we continue to see home prices rise and we see good sales activity in most price ranges.  Our current market is ideal for home buyers and investors.  Look for more of the same through the next several months.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 10/8/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Happy Columbus Day!

The Real Estate market in the Eugene and Springfield area has experienced little change over the past month.  The decreases in the mortgage loan rates have kept our market fairly stable.  The current market continues to be an outstanding situation for home buyers. 

If you currently have and Adjustable Rate Mortgage (ARM) that is going to roll over and spike to a higher rate or if you have a 100% or 80/20 mortgage at a high rate, then now would be an excellent time to look at a refinance.  If you need information on how to best accomplish this or who to talk to, please contact me.  I would be glad to get you the information you need.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Displaying blog entries 1-10 of 14

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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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