Displaying blog entries 1-10 of 15
Here is your weekly list of foreclosed and bank owned properties listed for sale in the Eugene and Springfield area. If you should want further information on any one of these homes or wish to view a particular home, please contact me.
Foreclosed Homes. Click on the following link to download this week's list.
Good Monday Morning!
Happy Presidents Day!!!!!
Over the past several months I have completed several hundred Market Value Analysis reports for residents in the Eugene and Springfield area. The primary reason for these reports is to give someone who has an interest or need in selling a home an approximate idea of what their home value is on the market today. The typical result of this is that not only do the home owners go into sticker shock, but so do I. Home values in most areas have dropped so drastically that even after doing hundreds of these reports and looking at hundreds of other homes currently on the market, the low prices of many homes in this market is shocking. Not only are many prices well below county assessed values, but many of the homes are worth far less than what the owner paid for them. As we watch even more homes in our area go onto the nod (notice of default) list, the pressure on home pricing continues. The more homes that we see go into foreclosure and short sale, the more pressure there will be on home prices. Unfortunately, the nod list is not getting any less lengthy at this time. This certainly could indicate that home value will continue their decline for quite some time in this market area.
If you live int he Eugene and Springfield or surrounding Lane County area you can easily get a good look at what your homes value has done. Just log onto www.forhomesellers-nonSmartZip.com. Here you can enter in the details about your home and quickly receive a complete e-mail report on your homes current market value. The report will then be repeated and sent to you each month by e-mail. It is just a great way to keep on top of what is taking place with your homes value.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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290 25th Street
Very nicely updated home including brand new roof, vinyl windows, 100% Alder cabinets, Hardie plank siding, granite countertops, new appliances, new carpet, fresh paint, gorgeous fixtures on large lot w/ great landscaping in front. With a cute deck,...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Good Monday Morning!
The statistics are in for December of 2009 homes sales in the Eugene and Springfield area and also for the entire year of 2009. Looking at both December numbers and numbers for the years there was not any huge swings in the market. The one notable item though is that the overall trend remains as a declining housing market for this area. For December 2009 closed sales were up though and by a gain of 38.4% over December of 2008. Pending sales also saw an increase and were up by 24% over December 2008. New listings also saw an increase and were up by 26.9%. The average number of days it took for a home to sell in December was 118 days. The inventory of homes for sale hit 7.1 months, which remains clearly in the category of a buyers market. Remember 6 months of inventory is even betwen a buyers and sellers market, less is a sellers market and more is a buyers market.
For the year of 2009 closed sales were off by 1.3% from 2008 and pending sales were off by 3.3%%.
The market remains extremely divided as the majority of home sales continue to fall in the price ranges of below $250,000. The market above $400,000 is extremely tough and almost non-existent above $500,000. Don't look for any radical change with any of these trends in the next 12 to 18 months.
Have An Awesome Day!
THIS WEEKS HOT HOME LISTING!
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725 MOUNTAINGATE DR
Entry / Living / Dining / Family Mocha Stained Wood Wide-Plank Floors in Dining & Entry Custom Shelving & Cabinets in Den, Family & Living Areas Natural Gas Fireplace with Stone Surround & Custom Mantel Large, Private Den/Library Powder Room Conveni...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
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Good Monday Morning! It looks like an early Spring for the Eugene and Springfield are. February temperatures in the 60's?
One of the most difficult choices to make when thinking about selling a home is, how do I choose the best Real Estate agent? It has always been important to choose a good agent, but in today's rugged Real Estate market, it has never been more crucial to find an agent who has the right experience, work ethic, marketing plan and market savvy to get your home sold at top market value. A common myth is that all agents at a given company are the same! Not only is this not correct, but the fact of the matter is that the company an agent is with really makes little difference. The real truth is that every agent has their own approach to selling Real Estate. They have their own marketing plan and way of doing business that is unique and can be quite different, not only from other agents in the market area, but from other agents in their own company. Individual company's may have some influence on how the agent does business, but it really ends there. Rule #1, "Don't choose and agent based on the company they are with!" When interviewing agents you may also find a difference in the fees that individual agents charge for selling your home. The brokerage fee is negotiable and it certainly may vary from agent to agent. It would seem that you could save a great deal of money by going with an agent who charges a lesser fee. This is a fact that can be very misleading. In fact most times, just the opposite is true. Instead of looking at the brokerage fee up front, look at the agents performance record. Ask them to show you statistics as to how they stack up against the other agents in the market as far as average sales, sales price, average days on the market and percentage of sales price vs listing price. At the end of the day, these are the numbers that will truly influence how much money you receive from your sale. Rule #2, "Never choose an agent based on brokerage fee!" The majority of agents in any market place use the same home marketing techniques that Real Estate professionals have used for years. In today's world this most likely will not give your home the exposure it needs. National statistics show us that last year over 89% of all people who purchased homes in the country used the internet as their primary way of searching for homes. Traditional methods of marketing homes such as open houses, newspaper ads, and Real Estate magazine presence combined account for less than 3% of the total number of sales nationally. So, make sure that the agent you choose is marketing where the buyers are looking and not employing methods that worked 10 to 15 years ago and not today. Few agents really have either the knowledge of the internet or the budget to adequately promote your home. So, be careful here. Be selective with agents and their marketing and go online and pretend you are the buyer. You will be surprised at the difference you discover from agent to agent. Rule #3, "Do not hire an agent who does not have a high profile internet marketing plan!" Just because an agent has been in business for a large number of years does not always indicate that they are the best choice. Some seasoned agents are outstanding while others may fall short of your expectations. Experience is important, but should not always be the sole reason for choosing an agent. Rule #4, "Always get references from an agent you are interviewing and check those references!" Reliable people who have had experience with the agent are the best source for getting a true feel for what the agent can do for you and for what kind of experience you can expect. With so many agents to choose from, finding the right one can be confusing. By following these simple rules, you should be able to find the agent who will do a great job for you and represent you well with the sale of your home. Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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BRAD WHEELER
Broker Agent
Office: 541-349-2620
Cell: 541-521-8409
E-mail: [email protected]
Good Monday Morning!
The first signs of Spring are appearing in the Eugene and Springfield area as the daffodils and tulips begin their annual appearance. It won't be long until our Spring colors are here.
Is this a good housing market to trade up or down in? This is a question that I am hearing more and more. The answer is really a simple one. Yes! That is as long as you are remaining in this market area or moving to one with similar or lower home values. The fact is that your home is most likely worth quite a bit less than it was several years ago, but remember the new home that you purchase has also taken a similar hit. It's really trading apples for apples. Now, you throw in the $6,500 tax credit for purchasing a new primary residence and the historically low mortgage interest rates and you have an environment that is very attractive for you to make that move. This situation is especially true if you are a move up buyer. Chances are that the more expensive home that you are moving into has taken a larger hit than your current home.
If this is a consideration for you, please contact me and I can easily do an evaluation on your current home and crunch the numbers for you. This will give you a very good idea as to whether this is the best time for you to make the move.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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39640 DEERHORN RD
Classy country home on acreage with park-like setting in the Mckenzie River Valley featuring hardwood floors, spacious living room with fireplace, large dining room & kitchen with laundry access. Large bedrooms & lots of storage. Master bed includes...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand Haas
Good Monday Morning!
It has certainly been typical January weather for the Eugene and Springfield area. Rain-rain and more rain. This is what makes us appreciate Spring time!
Several years back many home buyers were lured into purchasing homes with some very attractive home financing packages. King of these attractive packages were the adjustable rate mortgages (ARM loans). Most of these loans were made at interest rates that were well below the going rate and many with interest only payments. This was a very attractive situation as monthly payments started out quite low and were very affordable. The problem is that these loans are short term in duration and they adjust out down the road at rates much higher than where they originated and also with new payments that could be as much as 3 to 4 time what the home owner is currently paying. To compound the problem, most of these loans were 100% financing and the home owner started out with 0 equity in their home.
Now the ARM loan situation has become a crisis as hundreds of thousands of these loans roll over this year and next to the new high rates. For most of the home owners who did 100% loans, the value of their home has declined significantly since purchasing it, so going after a refinance is not in the picture. The result of this will be hundreds of thousands of home owners who are now unable to afford their new higher home payment and also do not have a way out because they are upside down in their home. The result of this will be another huge spike in home foreclosures over the next 18 to 24 months. This is a very sad situation and the reality is that thousands more will lose their homes.
If you or anyone you know falls into this situation and you are caught by not having any options. The last thing that you want to do is to give your home back to the bank through foreclosure. There are options available that can make this situation easier to deal with and save your credit. If you or anyone you know faces foreclosure please log onto the webs site www.shortsaleeugene.com. It is wise to explore all of your options.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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2740 W 18th Avenue
This is a very nicely remodeled home with fun floor plan and great backyard. It has fresh paint, new carpet, new cabinets, new vinyl, new countertops & fixtures -- this home is priced to sell quickly and won't last long! Take a look inside today!...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Good Monday Morning!
Well, here we are it is 2010! The Holidays have past us by and now it is time to get back to the norm. I wish you a prosperous and healthy New Year!
Across the nation indications are leaning towards the fact that maybe the housing market has either bottomed out or is near the bottom. Even if this is true, we have no idea how long it will hang at the bottom. Also, remember that the current tightening of the belt by lenders is going to keep the housing market from making any large leaps upwards any time soon. My guess is that we may be near the bottom in our local area, but current economic conditions such as employment could have more of an effect than most realize. If we are close to the bottom, don't look for a sudden rebound. Chances are that it will take much longer to get back to a more normal housing market than it did to get to where we are today. With that thought, the market is the market and there are certainly many opportunities that present themselves now that we did not have during the markets glory days.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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2967 Wolf Meadows Lane
Beautiful & immaculate, 2-level home featuring a grand entrance, vaulted living room, formal dining w/ Frnch doors, spacious kitchen w/ granite counters & tile floors, cozy family room and a well-landscaped, fenced backyard w/ large deck. This home ...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Good Monday Morning!
Happy News Years!
One thing that we can count on is that the new year will bring us just as much change and uncertainty with the Real Estate Market in the Eugene and Springfield area as 2009 offered. The one bit of advice that I would offer anyone who is considering the sale of or purchase of a home in this market is to, "DO YOUR RESEARCH". This means to approach your decision to buy or sell by making sure that you are dealing with professionals who know the market in our area and who can offer you sound advice. Making decisions without this may be painful and expensive down the road.
As the top Real Estate Team in the Eugene and Springfield area, the Galand Haas team can provide you with honest information that will give you the certainty that your decision making process is easy and right on target. Our priority is to help you and make sure that whether you are buying a home or selling a home that your decision is based on good sound knowledge and advice. Each year we help hundreds of area residents with their home sale or purchase and make sure that we always protect their best interests. Please contact us whether you are thinking of buying or selling, if you are behind in home payments and face potential foreclosure and need good advice or wish to explore refinancing your home.
Have An Awesome Week!
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4588 AVALON ST
A very cute home with a spacious living room with pellet stove on brick, a good-sized master bed with bath and a fantastic ~bonus~ room from the converted garage. Outside offers a covered deck & fenced backard and a prolific cherry tree. This is a g...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
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Good Monday Morning! Please have a very Merry Christmas!
Click the link below for a special Christmas gift for you! http://www.eugeneoregonhomesforsale.com/holiday
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Displaying blog entries 1-10 of 15
