Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 13

New Home Construction Hits Low

by Galand Haas

Good Monday Morning!

One of the largest changes we see in the Eugene and Springfield area and for the most part across the country is the lack of new home construction.  Just a few short years ago new home were springing up everywhere in this area throughout most of the country.  Now it is an unusual site to see a home under construction. The home building industry nationally remains in the doldrums with little change in site.  The high cost of new construction in comparison to existing home costs, the competition of the foreclosure and short sale homes and difficulty in finding financing have taken their toll on the building industry.  Also, overbuilding in some areas has had an enormous impact.

Many economists feel that there will not be a true rebound in our national economy until the home building industry is healthy again.  There are just so many other industries that spin off from home building.  Needless to say, there is also a home deficit beginning to take place in many areas from the lack of homes being produced for a number of years now.  

The first sign of a return to a healthy Real Estate market will be the appearance of new homes under construction again. As existing home inventories reduce over the next few years and pent up demand picks up steam, this familiar scene will once again be present.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
1336 Tamarack St
Price: $180,000 Beds: 4 Baths: 2 Sq Ft: 1471
Wonderfully updated home with huge backyard. On quiet street close to park and schools. Features light and bright living room with brick fireplace, well-sized bedrooms, updated baths, master suite with walk-in closet. 4th bed could be an office. New...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

What's In Store For the 2011 Housing Market?

by Galand Haas

Good Monday Morning!

Happy New Year!  It's hard to believe that 2011 is less than a week away.

What is in store for the national housing market for 2011?  Is it just more of the same or will we see a rebound?  Well, the experts at the National Association of Realtors think it's a combination of both.

According to the NAR experts look for a dismal December 2010 followed by 3 quarters of continued home value declines across the nation in all housing markets.  Some markets will certainly be hIt much harder than others.  The decline in sales and home values should be less severe than what most of us witnessed in 2010.  NAR also predicts that by the 4th quarter of 2011 the pent up demand for housing will begin turning the market around and that sales will begin to increase and stabilize pricing.  This prediction comes from the fact that the nations population has grown by almost 10 million since the beginning of the housing market slowdown and this has created a significant pent up demand for housing in many markets.  

Locally, our Eugene and Springfield area market will almost certainly follow the national trend. Whether our market sees any kind of rebound in 2011 may depend more on the local economy than on population growth.  Any way you look at it, 2011 will be full of surprises as the Federal government tries to turn the housing market around with a variety of tactics.  Let's just hope that whatever they do next year has better success than the past.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

 

Image Unavailable
202 Foxtail
Price: $185,000 Beds: 2 Baths: 2 ∏ Baths: 1 Sq Ft: 1744
Very classy condo in wonderful natural setting with a great 2-level floor plan. Offering a spacious living rm, open dining area, well-designed kitchen & cozy family rm with access to a deck. The upstairs master features a lovely vanity, private bath...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

University of Oregon

by Galand Haas

Founded in 1876, the University of Oregon began with just one building (Deady Hall), 155 students, and five faculty members. The university is now the second oldest and second largest public research institution in the state of Oregon, and is the state’s sole member of the elite Association of American Universities, a group of 60 top research universities across North America.

Located in lush Eugene, the campus is in a perfect spot between the Pacific Ocean and the Cascade Mountains which provides a wide variety of activities for the diverse population at the University of Oregon. Eugene offers all the benefits of a small city, but with easy access to all types of outdoor entertainment.

The university is divided up into eight schools and colleges including the School of Architecture and Allied Arts, College of Arts and Sciences, Charles H. Lundquist College of Business, College of Education, Robert D. Clark Honors College, School of Journalism and Communication, School of Law, and the School of Music and Dance. The most popular majors on campus are business administration, psychology, journalism, and political science.

Students at the University of Oregon are very involved both on campus and in the community. There are more than 250 student clubs on campus ranging from swing dancing to marketing. With two museums located directly on campus and several others around Eugene, arts and culture play a major role in student life. One major example is the School of Music’s internationally known Oregon Bach Festival, a choral/orchestral festival the Wall Street Journal has called “one of the world’s leading music festivals.” The Bach Festival’s long list of plaudits includes a Grammy award won in 2001.

Also important to University of Oregon students are its athletic teams; in the 2010 football season, the Ducks made it all the way to the National Championship game only to take home second place. Along with its accomplished football team, the University of Oregon boasts the nation’s most famous track and field venue, Hayward Field, which is the home of its outstanding men’s and women’s track and field teams. The U of O also offers men’s and women’s basketball, cross country, golf and tennis teams, plus men’s baseball, and women’s softball, soccer, lacrosse, volleyball, and acrobatics & tumbling.

Today, more than 23,000 students from all 50 states, the District of Columbia, three U.S. territories, and 85 countries call the University of Oregon home.

The Pearl Buck Center

by Galand Haas

Keller Williams ...

See the video below.

A Great Market For Move Up Buyers

by Galand Haas

Good Monday Morning!

Christmas and New Year has passed and now we are back to the normal, only in the year of 2011. The economic experts continue to feel that 2011 for the most part will be a repeat of 2010 for the housing industry.  With this will come some hardship, but also a great deal of opportunity.

For move up home buyers, those buyers who want to upgrade their residence, there will be plenty of good opportunity.  Yes, the value of the move up buyers home is less than it was a few years ago, but the value of the homes they are looking to move up to have decreased as well.  In fact with most cases the move up home will have lost more value than the home that is being sold. This is just one of the reasons why this market is excellent for move up buyers.  Other considerations are historic low mortgage interest rates and availability of homes to purchase.  So, if you are considering an upgrade to a larger, newer or more prestigious neighborhood, then don't wait.  There may never be another opportunity as good as this one for move up home buyers. The one thing that any of us who watch the Real Estate market can tell you is that in Real Estate things don't stay the same for long.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
810 Cherry Avenue
Price: $140,000 Beds: 2 Baths: 1 Sq Ft: 720
Darling home with classic floor plan on large lot with huge backyard. Featuring a well-sized living room with hardwood floors and woodstove set on brick, a cute kitchen with breakfast nook and 2 tidy bedrooms with closet storage. Outside offers a la...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Smart Phones and Real Estate

by Galand Haas

Good Monday Morning!

It has certainly become the age of the Smartphone.  A recent national survey indicates that the use of Smartphone's has increased dramatically over the past several years and that all indications are the this trend will continue and even pick up steam.  Both personal and business Smartphone use is skyrocketing.  As this takes place  providers of Smartphone"s are scurrying to secure market share. Along with this thousands of business's are also working hard to develop apps for their services and products that can be used on the Smartphone devices.  This is a billion dollar industry that really is in it's infancy.  Not to be left out, the Real Estate industry is joining in with a variety of apps offered by many company's that help consumers locate homes for sale and receive helpful information for both home buyers and sellers.  There are many great apps available today and look for many more in the days ahead.

If you are a Smartphone user, check out our home search app at www.eugeneoregonhomesforsale.com.  Our app will be very useful if you are looking at homes for sale in the Eugene and Springfield areas.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
1499 Larkspur Avenue
Price: $180,000 Beds: 3 Baths: 1 ∏ Baths: 1 Sq Ft: 960
Charming, ranch-style home with modern feel and centrally located. Featuring rich hardwood floors, newer roof, countertops and vinyl windows. Other special features include a cozy living rm with wood-burning fireplace, a large bath, laundry area & c...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand



VideoVideo

Good Monday Morning!

As most of you know my weekly e-mail typically is about the local Real Estate market.  My message today is about a subject that is very close to home for many of us.  It is about TEXTING WHILE DRIVING.  I have 3 children who all have cell phones and over the years I have watched as their primary source of communication among each other and friends has converted to texting.  In fact I would say that a couple of my kids and many of their friends are what I would call text addicts. Constant text communication has become a way of life with most young people in this country and now even with many adults.  The following video is one that each one of you should watch and then watch it again with your kids.  Even if your child does not text, they may ride in a car with someone who does.  Pass this video on.  It may save many lives.

Have An Awesome Week! 

Video Link: http://eugeneoregonhomesforsale.com/video/ATT-Dont-Text-While-Driving-Documentary



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Has The Recession Really Ever Ended?

by Galand Haas

Good Monday Morning!

Nothing like a touch of Spring to get everyone out and about.  The gorgeous weather we have enjoyed recently has certainly had the bike and walking paths full of people out soaking up the great Eugene environment. It looks like lots more of the same to come!

Has the recession really ever ended?  If you look at what is taking place in home sales, this might be questionable.  And if it did end, things are shaping up for a double dip in home prices.  Recent numbers show that nationally we are seeing home prices decline again.  Predictions by most economists are that this trend may stretch through the 3d quarter of 2011 or even longer.

This is great news for home buyers, but if you are selling a home or thinking about selling a home this is a warning sign.  Clearly for home sellers who are on the market, it's time for you to do what it takes to get your home sold (adjust your price).  For those not on the market who need to sell a home, don't procrastinate.  Every day that passes, your home is worth less money.  Don't even think about waiting until Spring flowers bloom to get your home on the market.  Waiting could be costly.

If you live in the Eugene and Springfield area and would like a current assessment of your homes market value, log onto www.forhomesellers-nonSmartZip.com.  This website offers a FREE market analysis for your home by e-mail with a detailed report of what the market is like in your neighborhood.  Best of all, you are updated monthly with a new e-mail report.  It is a great FREE service that you should take advantage of.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING! 

Image Unavailable
38920 Wendling Road
Price: $280,000 Beds: 3 Baths: 2 Sq Ft: 2456
Spacious home tucked away in the country with wonderful views of nature filled with meadows, pasture, forest & stream. Inside features a welcoming living, main-level master, large dining area, light & bright kitchen, vaulted family room and fantasti...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

December 2010 Real Estate Sales Numbers for Lane County

by Galand Haas

Good Monday Morning!

It was a bit soggy over the weekend.  The good news is that the weatherman is predicting improvement this week and some sun.

The numbers are in for our December Eugene and Springfield Real Estate market.  Yes, the market appears to continue it's slide, but with a little less steam.  Closed sales for December of 2010 were down 6.1% from December of 2009, while Pending sales were off only 2.2% for the same time period.  Closed sales were off just under 1% from the previous month while Pending sales were off by 13.2%.  New listings took a sharp decrease and were down 25.2% from the previous month.  The average sales price continued to drop and was down 6.7% from December of 2009 and now stands at $205,800.  There is currently 8.1 months of active home inventory, which indicates that we are clearly remaining as a buyer's market.  

The good news is that our market decline seems to have slowed some.  National economists predict that the housing market will continue it's decline over the first 3 quarters of 2011.  If the trend holds and the decline is low then the overall impact to our market may be minimal and hopefully we will see bottom sometime this year.  With mortgage interest rates remaining very low the opportunity for home buyers just continues to improve.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
3105 Herald Lane
Price: $575,000 Beds: 4 Baths: 2 ∏ Baths: 1 Sq Ft: 3507
Gorgeous luxury home featuring open design, vaulted ceilings, granite counters, Brazilian cherry wood floors, formal dining, office/den, lg kitchen & great rm, upstairs master suite, lg bonus & garage w/ options. Kitchen incl. cherry cab., gas, appl...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

New Matthew Knight Arena in Eugene (Video)

by Galand Haas
VideoVideo

I saw the new Matthew Knight Arena last weekend and had a blast. Here's your chance to see it if you haven't done so yet - University of Oregon is selling $2 general admission tickets for women's basketball. The tickets are available at GoDucks.com for Saturday games against Cal (1/29), USC (2/12), and Arizona (3/5).

As you can see from the video it is an amazing facility with tons of great seats.  See you there.

Galand

Video Link: http://eugeneoregonhomesforsale.com/video/Matthew-Knight-Arena-University-of-Oregon

Sincerely,
Galand


Galand Haas, Keller Williams Realty
FREE automated reported Home Reports:
What's your home worth? click here
Thinking of buying? click here 

Licensed in the State of Oregon

Displaying blog entries 1-10 of 13

Syndication

Categories

Archives

Share This Page

Contact Information

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

Find Your Next Home

Homes for sale in the Eugene area are only a click away!