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Statistics for June 2012

Monday, July 23, 2012
by Galand Haas

Good Monday Morning!

The statistics are in for June 2012 home sale activity in the Eugene and Springfield market areas.  June was an interesting month with some mixed signals.  New listings were steady at 494 compared to 496 for June of 2011.  Pending sales saw the sharpest change with a 27.2% increase over June of 2011 and a .09% increase over May of this year.  Oddly, closed sales declined by 10.8% from June of last year and 10.2% from May of this year.  There is currently 6.7 months of active home inventory on the market for sale.  This is down from 7 months in June of 2011, but up from 5.8 months of inventory in May.  We have now crossed the line back into a solid buyers market again.  Remember, 6 months of inventory is the division point between a buyers and sellers market.  The average sales price in June was $206,000 and the average time it took a home to sell was 135 days.

With the up and down of our local Real Estate market here in the Eugene and Springfield area and with the same situation nationally, it is easy to say that we have really not hit any kind of a true recovering housing market yet.  June homes sales nationally were off by 5%.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
1355 N Park Ave
Price: $220,000 Beds: 2 Baths: 2 Sq Ft: 1740
Lots of character! Enjoy the feeling of seclusion in this updated home. Features large sunken family room with fireplace and outside access. Well-sized master bedroom with double closet. Great den/office with closet. Skylights and wood stove in livi...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Mortgage Rates

Monday, July 16, 2012
by Galand Haas

Good Monday Morning!

Yes, mortgage interest rates are dropping again.  Just when we think that they can never go any lower, guess what?  They surprise us by hitting new lows.

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates continuing to find new all-time record lows amid easing bond yields following June’s lackluster employment report. Both the average 30-year and 15-year fixed-rate mortgage hit new lows. The average 30-year fixed has been below 4 percent for 16 weeks. The average 15-year fixed has been below 3 percent for 7 weeks.

Results showed that the 30-year fixed-rate mortgage (FRM) averaged 3.56 percent with an average 0.7 point for the week ending July 12, 2012, down from last week when it averaged 3.62 percent. Last year at this time, the 30-year FRM averaged 4.51 percent.

Additionally, the 15-year FRM this week averaged 2.86 percent with an average 0.7 point, down from last week when it averaged 2.89 percent. A year ago at this time, the 15-year FRM averaged 3.65 percent.

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates continuing to find new all-time record lows amid easing bond yields following June’s lackluster employment report. Both the average 30-year and 15-year fixed-rate mortgage hit new lows. The average 30-year fixed has been below 4 percent for 16 weeks. The average 15-year fixed has been below 3 percent for 7 weeks.

Results showed that the 30-year fixed-rate mortgage (FRM) averaged 3.56 percent with an average 0.7 point for the week ending July 12, 2012, down from last week when it averaged 3.62 percent. Last year at this time, the 30-year FRM averaged 4.51 percent.

If you are considering the purchase of your first home, a new home or even thinking about refinancing your existing home, it just may never get much better than this.

Have An Awesome Week!

THIS WEEK'S HOT HOME LISTING!

Image Unavailable
49562 McKenzie Hwy
Price: $379,000 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

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Monday Morning Coffee

Monday, July 9, 2012
by Galand Haas
VideoVideo

Good Monday Morning!

Yes, Summer has finally arrived in the Eugene and Springfield area.  Look for hot weather through the week.

Typically, Real Estate really is very localized for most of us. Most people who are thinking about purchasing a home want information that is specific to the area and even neighborhoods of their interest.  There are several great internet sites specific to the Eugene and Springfield area for both anyone looking to purchase a home or anyone thinking of selling a home.  For buyers go to www.forhomeinfo.com.This site will allow you to do a live home search and also will give you the option to be updated daily as new home meeting your search criteria hit the market. If you would like to include looking at foreclosure homes in your search, go to www.eugenebankowned.com. This site will provide you with a weekly updated e-mail list of all foreclosure and bank owned homes listed for sale in the Eugene and Springfield area. If you are thinking about selling your home or if you are just curious about what your Eugene or Springfield home might be worth on today's market, visit www.forhomesellers-nonSmartZip.com. This site will give you an in depth overview of comparable homes that have sold recently similar to yours and break it down into a dollar value for you. You will want to bookmark these sites because they are great resource sites for our local Real Estate market.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-July-2012
Image Unavailable
456 W 29th Ave
Price: $265,000 Beds: 3 Baths: 2 Sq Ft: 1769
Light and bright oasis! Custom built with great entry and living room with high ceilings and great views. Kitchen with dining area opens to family room with vaulted ceiling and fireplace. Large master suite with big closet and access to deck. Plus a...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Happy 4th of July!

Monday, July 2, 2012
by Galand Haas
VideoVideo

Good Monday Morning!

HAVE A WONDERFUL 4TH OF JULY!  

Video Link: http://eugeneoregonhomesforsale.com/video/US-National-AnthemStar-Spangled-BannerWith-Flag-Blowing-INSTRUMENTALHD-AudioVideo
Image Unavailable
49562 McKenzie Hwy
Price: $379,000 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

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May 2012 - Real Estate Statistics

Monday, June 25, 2012
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

Monday, June 18, 2012
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
Image Unavailable
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?

Monday, June 11, 2012
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!

Image Unavailable
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

Monday, June 4, 2012
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

Monday, June 4, 2012
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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The statistics are in: April 2012

Monday, May 21, 2012
by Galand Haas

Good Monday Morning!

It looks like the sun has given way to clouds and rain for a few days.  The 17 days without rain that we just experienced was the longest dry spell in May in over 20 years for Eugene and Springfield! It was very welcome!

The statistics are in for April Real Estate Action in the Eugene and Springfield market areas.  The numbers indicate that we still have a ways to go before the market here is in a true recovery mode.  New listings were up in April and they increased by 11.3% over April of 2011 and were up a whopping 25.5% over March of this year.  Pending sales were also up over April of last year.  They improved by 10.7% over April of 2011 and were also up by 9.6% over last month. A negative statistic was that closed home sales were off by 2.1% from April of 2011 and down 4.4% from April of this year.  This is not a good trend to be seeing as we head into Summer.  There is currently 6.9 months of active inventory of homes for sale.  This is also up from 6.3 months that we had in March of this year.  The average sales price in April was $184,600, which is down considerably from April of 2011 when it was $207,900.  This indicates that our slide in home values may be far from over.  The average time it took for a home to sell in April was 156 days.

We can all hope that the step back that took place in April was just a blip in the market and not a long term trend. We will know more by next month.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
28292 Cantrell Rd
Price: $595,000 Beds: 3 Baths: 2 Sq Ft: 2531
Acres of Seclusion & Mountain Views! Wonderful property with pond, gazebo, deck, greenhouse, shop, water feature and lots of storage! Home has an open floor plan, skylights, vaulted ceiling, large windows for amazing views, wood stove, kitchen with ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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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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