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Freddie Mac survey

Monday, August 29, 2011
by Galand Haas

Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) today. The study showed that mortgage rates moved higher from the previous week's record lows as Treasury bond yields also moved higher and other housing data showed some signs of improvement. However, the 5-year ARM did decline to 3.07 percent thereby setting a new all-time record low.

Mortgage rates have been following this trend of up slightly, down slightly for months.  Don't look for any large changes soon as the Fed has committed to keeping rates low for near future anyway.  

The affordability factor for a home purchase is going to remain fantastic as home prices continue to trend downwards in the Eugene and Springfield market and mortgage interest rates remain at or near historic low levels.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
29296 McTavish Ln
Price: $675,000 Beds: 2 Baths: 2 Sq Ft: 2013
Amazing log cabin with classy appeal. Private, paved driveway leads to the carport. Great room offers stone fireplace & wonderful view of the valley with windows to exposed wooded beams. Adorable kitchen with island. Master suite offers amazing view...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Statistics in for July Home Sales

Monday, August 22, 2011
by Galand Haas

Good Monday Morning!

The statistics are in for July home sales and it shows little change with the Real Estate market in the Eugene and Springfield area.  For July of 2011 closed sales were actually up by 15% from July of 2010, but down by 14.8% from June of 2011.  Pending sales were also up from July of last year by 7.9%, but were also off from June of this year by 9.4%.  If you compare the time period of January through July of 2011 to that same time period in 2010 closed sales dropped by9.3%. There was 8.6 months of active home inventory on the market in July of this year and that is in comparison to 7 months for the month of June.  The average time it took for a home to sell in July was 128 days.

If we compare the Eugene and Springfield market to the national market it is holding very close to national trends.  Most economists are predicting another year or more of this same kind of market and a potential for market declines to last for up to two more years.  Time will tell.  The good news is that there are some great purchase opportunities in this market and mortgage interest rates continue to decline. We are in an extraordinary buyers market!

THIS WEEKS HOT HOME LISTING!

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447 Brookside Drive
Price: $195,000 Beds: 3 Baths: 2 ∏ Baths: 1 Sq Ft: 1584
Settle into this 2-level S. Hills home w/ outer rustic charm and relaxing feeling inside. Large windows allow for natural light & wonderful views of trees. Open living rm offers fp & deck, master ste offers 2 cl & private deck. Great separation of s...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Real Estate Update

Monday, August 15, 2011
by Galand Haas

Good Monday Morning!

Without a doubt the home market here in the Eugene and Springfield area just continues to improve for those who wish to upgrade or move to a more expensive or larger home.  With home prices continuing to decline the percentage of decrease in value typically is higher with more expensive homes.  This means that if you are a move up buyer, you will typically have lost less on the value of your home than the one you are purchasing.  It makes sense that if you are wanting to upgrade that you strongly consider making your move now.  As our local Real Estate market changes and begins to level off and home prices even begin to rise again, you will be very happy that you made this move when you did.  To add to the attractiveness of taking this action now is the fact that mortgage interest rates remain at historic low levels.  This makes for a move up potential that you may never see again.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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564 Ruskin Street
Price: $145,000 Beds: 3 Baths: 1 Sq Ft: 1069
Delightful home updated inside and out! Light and bright inside, large windows, living room with fireplace, dining area with slider to backyard, master bedroom connects to bath. Long driveway leads you along manicured landscaping to a parking pad in...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Find us on Facebook

Monday, August 8, 2011
by Galand Haas
VideoVideo

Good Monday Morning!

If you have not checked out our new Facebook Real Estate Business Page you can do so at www.facebook.com/galandhaasteam. Here you will find posts and tips about buying and selling homes both locally and nationally and many hot new home listings. You can also conduct home searches from here and request a home value analysis.  While you are there make sure that you click on "Like It".

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-In-Real-Estate-US-August-2011
Image Unavailable
4085 Eddystone Place
Price: $305,000 Beds: 4 Baths: 3 Sq Ft: 2518
Stylish and spacious! Vaulted ceilings, skylights, open floor plan, well-sized bedrooms and large windows make it very light and bright inside. Living and family room, fireplace, utility, plus bonus room. Master suite with his and her sinks, shower ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Displaying blog entries 1-4 of 4

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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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