Real Estate Information Archive

Blog

Displaying blog entries 471-480 of 767

How long will mortgage rates remain at their current low levels?

Monday, June 17, 2013
by Galand Haas

Good Monday Morning!

The question that I am getting from almost everyone is, "How long will mortgage rates remain at their current low levels?"  My answer is always the same.  "Nobody knows for sure!"  Here is some insight though into what may be ahead.  Right now the government is purchasing around $80 billion dollars per month in bonds.  This rate of purchase is what is needed for the continuation of the current low interest rates. My thought is that rates are going to be somewhat volatile until the Fed meets on June 19.  With unemployment rising slightly there may not be any reduction of the bond purchase rate by the Feds when they meet.  If the Feds decide to reduce the bond purchase rate, then rates will jump as a result.  Long term, my thoughts are that most of the fluctuation is going to be minor for the next quarter or two as long as the economy remains flat.  A surge in employment could be the trigger for reducing bond purchase and the creation of higher mortgage interest rates.  My suggestion as always is that you know what you have today and it may not be here tomorrow.  If you want to take advatage of the low interest rates then don't delay.  If you are thinking about a home purchase or a refinance the best advice I can give you is do it now!!

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

2290 Agate St
Price: $450,000 Beds: 5 Baths: 3 Sq Ft: 3108
Charming home in great location! Home has been converted into 3 units: main level, upstairs apartment and basement apartment each with separate entrance. Altogether there are 5 beds and 3 baths. Spacious living room with large windows and archways, ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

Good Homes, That Are Priced Right, Can Go Fast

Monday, June 10, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

With the Real Estate market heating up in the Eugene and Springfield area, finding the right home can now be more of a challenge for home buyers.  The good homes that are priced right can go fast and if you don't have the ability to really watch the market and know when new homes hit, you could have a tough time finding the prefect home.  In a market like the one we are experiencing now in the Eugene and Springfield area it is best to connect with a Real Estate agent who can watch the market for you.  This can give you a huge advantage.  Many times we find the perfect home for our buyers and let them know about it before it even hits the market. Also, home search web sites such as www.forhomeinfo.com where you can set up search parameters and be notified as new homes hit the market can give you a clear advantage with your home search.  

If you are a ready buyer, then having both a buyers agent and a home search web site working for you can make a huge differnce.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-June-2013
Image Unavailable
1715 Best Ln
Price: $335,000 Beds: 4 Baths: 2 Partial Baths: 1 Sq Ft: 2276
Charming Home on Big Lot! Detached studio with laundry and living room. Large fenced backyard, garden, patio area, long driveway with 2-car garage. Home offers quaint archways, large living room with fireplace, formal dining, large laundry/mud room ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

Today's Real Estate Market

Monday, June 3, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

In many parts of the country the real estate market is so hot that as soon as a home hits the market for sale there are multiple offers.  The market in the Eugene and Springfield area is not quite that hot, but it certainly has improved over the market that we had for the past 4 years.  In some price ranges and areas we are beginning to see multiple offers more frequently here in our market area.  This usually creates a bidding war situation and can potentially escalate the sales price for the home.

The one thing to keep in mind is that even though there may be a higher demand for homes right now, the sales price is really controlled by the appraisers.  The appraisers have to find a value in the home that is reflective of the current market.  They do this to protect the lenders from loaning on a home for more money than it is truly worth.  Appraisers use past sales for the comparable properties to justify value.  In a hot market past sales will almost always be less than what the current market dictates.  This is why appraisals keep home prices in check and don't allow huge increases over a short period in home values.  When listing a home in a hot market this is always something that you will want to keep in mind.

Have An Awesome Week!

 

THIS WEEKS HOT HOME LISTING!

Video Link: http://eugeneoregonhomesforsale.com/video/87904-Oak-Hill-Drive-Eugene-Oregon
Image Unavailable
1715 Best Ln
Price: $335,000 Beds: 4 Baths: 2 Partial Baths: 1 Sq Ft: 2276
Charming Home on Big Lot! Detached studio with laundry and living room. Large fenced backyard, garden, patio area, long driveway with 2-car garage. Home offers quaint archways, large living room with fireplace, formal dining, large laundry/mud room ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

Market Report - April 2013 Numbers

Monday, May 20, 2013
by Galand Haas

Good Monday Morning,

The Real Estate Market in the Eugene and Springfield area continues to heat up as you will see below.  Overall, the market contnues to be a sellers market with low inventories.  The one thing that we must keep in mimd though is that not all parts of the local Real Estate market are red hot.  The upper end properties, prices over $400,000 and rural properties in general continue to see slower activity.  Even in this market, we are finding that homes need to be priced right or they just sit.  Here are the latest market statistics.

The Lane County market continues to have a strong showing in 2013. At 405, pending sales increased 22.7% over the 330 posted in April 2012 and 13.4% over March’s 357 accepted offers. There were 544 new listings, a 10.6% increase over the 492 entered in April 2012, and a 15.7% increase over the previous month. This month also saw 309 closed sales, a 30.4% increase over the 237 transactions last April, and a 11.2% increase over March’s 278 closed sales. Despite the increase in listing activity, inventory remains low, currently sitting at 4.5 months. 

Have an Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
88604 Ermi Bee Rd
Price: $575,000 Beds: 4 Baths: 3 Sq Ft: 3376
Wonderful Wooded Retreat! Surrounded by nature, this secluded 5 acre property offers lots of space and options! Granite, tile, skylights, vaulted ceiling, 4 decks, 3 sliders, beautifully landscaped grounds with water feature and pond, walking trails...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

Two Factors To Keep In Mind If You Want Your Home To Sell

Monday, May 6, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

What a gorgeous weekend we had here in the Eugene and Springfield area!  it looks like there is more of the good weather to come.

Even with the improved Real Estate market in the Eugene and Springfield area many homes continue to struggle with selling.  There are two factors that are absoutely a must if you want your home to sell in this market and sell for top market value.  The first factor is price.  It is extremely important that your home is priced right.  Over priced homes sit on the market and get looked at but don't get offers.  In this market if a home sits more than two weeks without an offer then the price is too high and it will need to be adjusted down.  Many times it may take several adjustments before the correct price is found.  Once a home hits the right price in this market it will get good showing activity and offers.  The second factor is condition.  Having your home looking great to potential buyers is essential.  This starts with lawns and landscaping and goes into the house with being clean, uncluttered and having paint, etc. all looking fresh.  Staging a home for sale is an important part of the process as well.

This is a great time to sell your home and I can help with both pricing and staging.  Obtaining a sale at top dollar value is not hard to achieve if both of these key issues are addressed.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

 
 

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-May-2013
Image Unavailable
5223 Center Way
div style="padding: 3px;">
Price: $350,000 Beds: 4 Baths: 4 Sq Ft: 2436
Trees and Tranquility! Vaulted ceiling, granite counters, recessed lighting, skylights, good separation of space, built-in hot tub and 3 decks! Living room with fireplace opens to dining area. Kitchen with garden window and eating bar opens to famil...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

Monday Morning Coffee

Monday, April 29, 2013
by Galand Haas

Good Monday Morning!

As the national and local Real Estate market's continue to heat up, it would be wise to approach the current housing market with a degree of caution.  Yes, it is exciting that homes are once again beginning to sell in the Eugene and Springfield market areas! Is it just like the old times again?  Well, maybe not.  In fact we most likely will never see the old times again.  

What we all need to remember is that the current upsurge in the housing market and in home values is not based on a true economic recovery.  Most of the improvement in the housing market are based on current low mortgage interest rates that are being artificially created by the feds.  We can all hope that both the national and local economies will rebound significantly because the low rates won't last forever.  When interest rates begin to rise, look out.  Will the current bubble burst?  This is going to be dependent upon the condition of the economy and also on how sharp the increase in mortgage rates is.  It could happen quickly though and we could slide back into a strong buyers market at the drop of a hat.

We most likely will see a continuation of low rates for the forseeable future, but the best bet is to take action now if you are considering a home purchase. One thing that history has proved to us is that the market we have today won't won't be the market that we have a year from now.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

 

 

Image Unavailable
4020 Hampshire Ln
Price: $165,000 Beds: 3 Baths: 1 Sq Ft: 1132
Established and comfortable neighborhood! Underground irrigation in front garden, fenced backyard with deck. Home offers living room, family room with pellet stove and slider to back, kitchen with laundry area, and dining area. Some updates includin...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

A Short Video Documentary - Texting While Driving

Monday, April 22, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

A little over a year ago I sent out this short video documentary about teen drivers and texting while driving.  My response was impressive.  After several recent auto accidents locally with young people where texting was a suspicion I have decided to send this video out again.  Please watch this video, have your teens and other young drivers watch this and then pass it on. 

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

 
 

Video Link: http://eugeneoregonhomesforsale.com/video/ATT-Dont-Text-While-Driving-Documentary-2
Image Unavailable
4020 Hampshire Ln
Price: $165,000 Beds: 3 Baths: 1 Sq Ft: 1132
Established and comfortable neighborhood! Underground irrigation in front garden, fenced backyard with deck. Home offers living room, family room with pellet stove and slider to back, kitchen with laundry area, and dining area. Some updates includin...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

The Numbers are in: March 2013

Monday, April 15, 2013
by Galand Haas

Good Monday Morning,

The statistics are in and March of 2013 contiued to see increased sales activity for homes in the Eugene and Springfield area. 

Lane County added another good month to its 2013 streak, with all measures of activity rising. There were 470 new listings, a 19.9% increase over the 392 entered in March 2012. The increase in new listings did not have the effect of increasing inventory, however. At 4.6 months at the current rate of sale, inventory in months is at a low level not seen since June 2007.

Closed sales reached 278, a 12.1% increase over last March’s 248 transactions, and a 28.7% increase over 216 in February. The 357 pending sales rose 18.6% over 301 in March 2012 and topped the 336 in the prior month by 6.3%. The average sales price for a home in Mrch of 2013 was $196,400 in comparison to $195,300 for March of 2012.

With homes sales contiuing to rebound and home inventories contiuing to decrease the market has become even more of a sellers market.  In many areas homes priced below $200,000 are rare and when listed don't stay on the market long.  Again, if you are considering the sale of your home, don't wait.  Get your home on the market now.  This is clearly the best environment that we have seen in years for sellers.  The future for home sales is unclear, but we do know that right now homes are selling.

THIS WEEKS HOT HOME LISTING!


Image Unavailable
6557 E Street
Price: $289,000 Beds: 4 Baths: 3 Sq Ft: 3013
Gorgeous Home with lots of options! Wood flrs, granite counters, recessed lighting, lots of storage, plus a sauna! Lower level bonus area could be a master suite with jetted tub and 2 sinks, a great rec room, or perfect for a home-based business wit...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

The Real Estate Market is shifting.

Monday, April 8, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

When Real Estate markets shift, it can happen quickly.  Just as several years ago it seemed like we shifted from a strong sellers market to a buyers market almost overnight, we have now shifted from a strong buyers market to a sellers market.  This means that the active inventory of homes available is under 6 months and that there is strong competition for many homes.  If you are considering a home purchase this does not mean that you should not purchase a home right now.  Just the opposite is true.  It is good to keep in mind that home prices remain well below the level they were at in the 2005 to 2007 period.  If you purchase a home now you are purchasing towards the bottom of the market, although home prices are on the rise.  The other factor to remember is that mortgage interest rates remain at historic low levels.  This won't last forever.

If you do jump into the home market right now, you will want to speak with a mortgage professional first.  This means that if you become pre-qualified for your financing not only will you know how much home you can purchase, but you will also have a competitive edge when making an offer on a home.  

If you would like to get started with the process of purchasing a home, please contact me.  I can first of all set you up with one of our Home Buyer Specialists who can help you with your home search in this current competitive home makrket.  I can also make arrangements for you to meet with a top mortgage expert at the same time.  From this meeting you will be ready to start looking. We know how to make a home purchase both easy and rewarding.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-April-2013
Image Unavailable
88688 Faulhaber Rd
Price: $270,000 Beds: 3 Baths: 2 Sq Ft: 1185
Beautiful Horse Property! Features 2 pastures, 2 stalls and hay storage with side pen. One level home sits on 1.44 acres with a long porch, tool-shed, 2-car shop, large front and back fenced yard and fire pit. Large living room with pellet stove and...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

The Marketing is Heating up!

Monday, April 1, 2013
by Galand Haas

Good Monday Morning!

Yes, the market is heating up and the inventory of homes available for purchase has decreased significantly over the past six months.  In fact, homes that are in great condition and priced well don't stay on the market long.  The Eugene and Springfield market area is even seeing multiple offers again. It is still a great time to purchase a home.  Mortgage interest rates remain at historic low levels and home price have not increased significantly, although this is on the horizon if current market conditions continue.

If you're a home buyer, among the things you can do to be prepared is to have a plan of action. If you're an aggressive buyer eager to find a home, hire a real estate agent that can help you find what you're looking for and will act quickly when properties hit the market.

When a home is first listed it will get the most attention. In a hot real estate market that could mean not just viewings but multiple offers and even offers that are over the listing price (not something we're used to thinking about lately, but that's the nature of real estate - it cycles through ups and downs).

So, if you're really serious about finding a home in a market where the inventory has dropped and the prices have increased, be prepared to take action the minute homes come on the market. Don't delay and say, "I'll drop by this weekend when I get a free moment." In some of today's markets, procrastination could be the deal breaker.

The Galand Haas Real Estate Team has 3 Home Buyer Specialists.  Our Specialists do not list homes, they only work and represent home buyers.  Working with a Home Buyer Specialist can make a significant difference in a market like the one we are in today.  A Buyer Specialist knows the market, keeps on top of the current home inventory and can help you be on top of the best home purchase appourtunities as they come about.  Having a Real Estate agent working for you in this capacity in this market can make a significant difference in what kind of home you find and how much you pay for it.  Contact us if you are interested in being fully represented as a buyer.  You will love this approcah to purchasing a home.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!
49562 McKenzie Hwy
Price: $364,000 Beds: 3 Baths: 2 Sq Ft: 1280
Cabin on the river! Wonderful views of the river, trees or mountains from every room! Great room with fireplace and amazing view with a wall of windows overlooking the river! Kitchen with island and dining area. Well-sized master suite with ceiling-...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Add Comment

Displaying blog entries 471-480 of 767

Syndication

Categories

Archives

Contact Information

Photo of Haas Real Estate Team Real Estate
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
Send an Email

Share This Page

Find Your Next Home

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

Show me Homes!