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May 2012 - Real Estate Statistics

by Galand Haas
Good Monday Morning!

If you were at the Olympic trials in Eugene this past weekend you saw some of the greatest runners in the world compete and even a new world record.  Even though the weather was a little tough at times it was an exciting place to be.  There is a lot more to come!

The statistics are in for the month of May and they certainly indicate that the housing market here in the Eugene and Springfield area continues on a trend of improvement.  New listings were up 5.9% from May of 2011 and up 12.4% from April of this year. Pending home sales were up 2.7% from May of 2011 and 5.5% from the previous month.  May saw 295 closed home sales and this was up by 10.1% from May of 2011 and a whopping 24.5% from April of this year. The big news is that there is currently 5.8 month of active home inventory.  This is compared to 6.9 months in April and 7.6 months for May of 2011.  The important fact here is that 6 months of active inventory is the dividing point between a sellers and buyers market. We have clearly been in a buyers market now for several years.  We have now just cossed over to a sellers market.  This is big news and it will be interesting to watch this trend over the next several months.  For anyone considering the purchase of a home this means that home prices could begin to increase.

The average sales price in May of 2012 was $199,400 and the average time it is currently taking for a home to sell is 121 days.

Have An Awesome Week!

THIS WEEK'S HOT HOME LISTING!

Image Unavailable
1170 Echo Hollow Rd
Price: $175,000 Beds: 3 Baths: 1 ∏ Baths: 1 Sq Ft: 2112
Tons of ageless and modern charm! Featuring hardwood floors, high ceilings, large windows and nice updates on a well-sized lot. Living room with fireplace, built-ins, family room with double doors, dining room with storage and slider. Large updated ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Cell Phone Dangers

by Galand Haas
VideoVideo

Good Monday Morning!

This week I am going to stray away from my normal information about the Eugene and Springfield Real Estate market.  I recently watched the video that I am sending you in regards to cell phone use.  I was shocked at what I learned from this.  I was especially troubled by the impact that cell phone use may be having on our children.  I hope that you can take a few minutes and watch this informative video report on the dangers of cell phone use.

Have An Aweome Week!

 
 

Video Link: http://eugeneoregonhomesforsale.com/video/Cell-Phone-Dangers-Dr-Devra-Davis-National-Institute-of-Environmental-Health-Sciences-NIEHS

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2434 Royalann Ln
Price: $295,000 Beds: 4 Baths: 2 Partial Baths: 1 Sq Ft: 2339
Beautiful home in Cherry Hill Estates. Features gorgeous wood floors and great separation of space. Living room with fireplace, large kitchen with granite counters, eating bar & pantry. Large master suite with walk-in closet plus bonus room! Family ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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What is my home worth now?

by Galand Haas

Good Monday Morning!

Finally, a return to warmer and drier Spring weather.  Enjoy this week it is going to be beautiful in the Eugene and Springfield area!

We have been in a changing housing market now for a number of years.  One thing that is certain for most homeowners is that their home value has changed.  One of the most common questions that I receive is, "can you tell me what my home is worth now?"  In most cases part of the answer is easy becaue it is "worth less money than it was several years ago!"  How much less is often a tough question.  

Would you like to have a good idea as to what your Eugene or Springfield homes value is?  If you would, I have an automated e-mail system that will give you a monthly report by e-mail as to what your homes value is and will also give you details on what the value trends are for your neighborhood.  If you would like to sign up for this "FREE" service just visit the website www.forhomesellers-nonSmartZip.com.  You just fill in the information at the site and you will begin receiving monthly e-mails reports on your home and neighborhood. it's just that easy!

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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1086 S. 41st Street
Price: $239,900 Beds: 3 Baths: 2 Sq Ft: 1537
Lovely newer home! Wonderful corner lot with mountain views! Spacious living area with fireplace, vaulted ceilings, dining room with slider to backyard, kitchen with maple cabinets, eating bar and pantry, and laundry room with cabinets. Well-sized m...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Mortgage Rates

by Galand Haas

VideoVideo

Good Monday Morning!

Just when we think that mortgage interest rates will never go any lower, they do just that.  Last week saw mortgage interest rates drop to their lowest levels in history.  15 year conventional loans dipped well below the 3% level, sparking a new round of refinance activity.  Many homeowners are on their second round of refinancing as rates continue their decline.  For anyone considering a home purchase the lower rates are good news as well.  Not only can more buyers now qualify for financing but with rates this low, payments are going to be much more affordable.  

As I have been saying for months, now is the time to jump if you are considering a home purchase.  With home prices at the most affordable level in decades the combination with historic low interest rates create the perfect storm for home buyers.  My advice, "don't wait", all good things must end.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-June-2012

47365 1st Street
Price: $495,000 Beds: 10 Baths: 9 Sq Ft: 6270
Gorgeous working Bed & Breakfast! 10 bedroom, 9 bathroom property located in scenic Westfir, on the river next to covered bridge. Completely furnished - everything included! Commercial-grade refrigerator, Imperial gas range, Bosch dishwasher. Roof 1...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Market Trends

by Galand Haas

Lane County Real Estate

RMLS Most Available Data For This 2012 Reporting Period APRIL HIGHLIGHTS New listings and accepted offers both showed improvement when comparing April 2012 with April the previous year, and we see the same pattern when compared to the previous month of March. At 492, new listings were 11.3% higher than the 442 recorded in April

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Feature Article

June is Filled with Reasons to Celebrate! June Fun Facts June Flower: Rose, Honeysuckle June Birthstone: Alexandrite, Moonstone and Pearl - it symbolizes health and longevity There are two etymologies for the name June. The first is that the month is named after the Roman goddess Juno, wife of Jupiter and equivalent

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Quote Of The Day

"Being a father, being a friend, those are the things that make me feel successful." ~ William Hurt - Here's to you!

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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

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