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Monday Morning Real Estate Update 8/27/07

by Galand Haas

Good Monday Morning!

Yeah!  High school and College football begins this week.  It is that time of year again!!

Nationally, the housing market rebounded slightly last month.  This is a good sign that maybe the worst is over.  It is uncertain as of yet as to how much impact the troubled home mortgage industry will have on home sales. My experience to date is that home loans are very available.  There is a slightly lower selection, but we have had very few problems in finding great financing for our home buyers.

It is crucial that if you are purchasing a home or refinancing a home that you use a lender with many financing options.  If you make the wrong lender choice right now it could be costly.  If you are looking for a top lender with a good loan selection and competitive rates, please e-mail me and I Will provide you a list of the lenders we have found to be outstanding in this current market.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Monday Morning Real Estate Update 7/30/07

by Galand Haas

Galand Haas,

Good Monday Morning!

It looks like a gorgeous week of Summer weather ahead of us! 

As the national Real Estate market continues to wind down, the market here in the Eugene and Springfield area also continues to cool.  At this time, the pace of our slow down does not seem to be as strong as many parts of the country. Inventories of homes for sale and average days on the market in our market continue to be less than many major U.S. Real Estate market areas.  What happens between now and Fall should give us an idea as to where our market will be heading for the next six months.  The opportunity here for home buyers has not been better for years, yet few are taking advantage of the lower home prices, the attractive mortgage interest rates and excellent home inventories.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Monday Morning Real Estate Update 7/9/07

by Galand Haas

Good Monday Morning!

It looks like a Summer heat wave is upon us.  Stay cool this week!

Moderate activity continues to be the word for our local Real Estate market.  This is good because the culprit for the slower market nationally is home afford-ability.  With a moderate market, we are seeing slower growth in home values, which will help us sustain a decent market here in the Eugene and Springfield area.  This does mean that if you are thinking of purchasing a home there may never be a better time than right now.

Have An Awesome Week!



Sincerely,
Galand

Monday Morning Real Estate Update 5/21/07

by Galand Haas
Galand Haas,

Good Monday Morning!

Sunday's drizzle put the dampers on a nice weekend. It's looking up though, warm weather is here for the week

The inventory of homes for sale keeps piling up.  It looks like my prediction of a peak in inventory levels around mid June may be fairly close.  I would also predict that we will soon cross the magic 6 months of home for sale inventory line here in the Eugene and Springfield area.  This means that at the current rate of sales, it would take 6 months to exhaust the current inventory of homes for sale.  Six months is important because that is the dividing line between a buyers and sellers market.  6 months or less of inventory is a sellers market and 6 months or more is a buyers market.  This is good news for you prospective home buyers as mortgage interest rates also continue to be extremely favorable.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Picking Home Paint Colors

by Galand Haas

Picking House Colors

Tips To Help You Choose

Richmond Bisque... Deep Russet... Hickory...

The names are enough to make your head spin. Choosing a paint color becomes even more baffling when you consider that most homes use at least three different shades -- one for the siding and two or more for trim and accents such as doors, railings and window sashes.

A well-chosen selection of contrasting trim and accent colors can draw attention to architectural details and disguise design flaws. A poor selection can make a house seem flat and featureless -- Or so garish that the color overwhelms the architecture. But, how do you decide?

Here are a few pointers to guide you as you choose house paint colors.

Historic Authenticity
If you are planning to paint an older home, you have three options.

  • You can hire a pro to analyze old paint chips and recreate the original color.
  • You can refer to historic color charts and select shades that might have been used at the time your home was built.
  • Or, you can fly in the face of history and choose bright modern colors to dramatize architectural details.
The third option can produce startling and exciting results. But before you buy 10 gallons of bubblegum pink, it's a good idea to look at what your neighbors are doing.

Neighborhood Context
A fluorescent colored Victorian that looks splendid in San Francisco will seem wildly out of place in more conservative neighborhoods. Even if you are opting for a more subtle scheme, you'll want to make sure that your colors are compatible with the houses next door.

Existing Colors
Your house is your canvas, but it is not blank. Some colors are already established. What color is your roof? Is there mortar or other siding that will not be painted? Will doors and railings remain their existing colors? New paint does not need to match existing colors, but it should harmonize.

Interior Colors
It may seem comical to paint entire house based on the pattern of a pillow case, but this approach does make sense. The color of your furnishings will guide you in the selection of your interior paint colors, and your interior paint colors will influence the colors you use outside. Once again, your goal is to harmonize.

Accents
Depending on the size and complexity of your home, you may be choosing two, three or as many as six colors. In addition to the color you select for siding, you'll want to select accent colors for trim and details such as shutters, moldings and columns. This can be tricky, because too many colors will overwhelm your house and too few will make it seem two dimensional.

Darks and Lights
Light colors will make your house seem larger. Dark siding or dark bands of trim will make your house seem smaller, but will draw more attention to details. Darker shades are best for accenting recesses, while lighter tones will highlight details which project from the wall surface. On traditional Victorian homes, the darkest paint is often used for the window sashes.

Harmony and Contrast
Contrasting colors will draw attention to architectural details. But, extreme contrasts will clash and actually detract from details. To be safe, consider staying within a single color family. For some accents, try using a darker or lighter shade instead of a different color.

Balance
A burst of a single color on just one part of your home may give it a lopsided appearance. Strive to balance colors over the entire building.

Durability
The more intense a color, the more likely it is to fade. After a few years, vivid blues and deep reds will seem more subdued. Dark colors also pose more maintenance problems. Dark colors absorb heat and suffer more moisture problems than lighter shades. And because dark paint fades, it's difficult to touch up.

Sheen
You thought you only had to pick colors? Sorry! In addition, you'll also need to decide on the sheen of your paint -- glossy, semi-gloss or flat. The glossier the surface, the more likely it is to show imperfections, brush strokes and touch up marks. On the other hand, glossy surfaces are easier to clean. Many homeowners opt to use flat paint for walls and semi-gloss or glossy paint for columns, railings and window sashes.

Color Deceptions
Color swatches look very different when they are brought out of the store and viewed in natural sunlight. Also, colors appear lighter on large surfaces than they do on small samples. It's best to test your selected color in one area before buying gallons of paint.

Tips and Resources

Paint Your House!
Find paint color software, paint color books, paint color tips, and more articles like this one.

Old-House Tool Kit
Find how-to help for all your home renovation projects, plus historic building plans and a guide to researching the history of your house.

 

 

Market Trends 4/11/07

by Galand Haas
Presented by: Galand Haas Team

 

Lane County Real Estate


 RMLS February 2007 Reporting Period 

 February Residential Highlights

Comparing February 2007 to February 2006 closed sales increased 7.4%. Further, new listings increased 24.8%. However, pending sales decreased 2.2%. The 1,508 active residential listings at month's end would last approximately 4.9 months given the month's rate of sales.

 

Year-to-Date

Comparing market activity for January-February 2007 to the same time period in 2006, closed sales increased 4.2%. Further, new listings were up 16.4%. Meanwhile, pending sales decreased 2.7%

 

Appreciation

Comparing the 12 months ending with February 2007 to the 12 immediately prior, the average sale price climbed 11.3% ($256,000 v. $230,000). Using the same formula we can see that the median sale price increased 13.4% ($225,200 v. $198,600). 

 

 

 

To-do list for spring, summer home sellers.

If you plan to sell your house in 2007, in most communities the peak sales months are April, May, June and July. The reason is the largest number of prospective buyers are in the market during this time of the year. That means now is the time to get your home ready for sale. If you want to earn top dollar, careful preparation and planning are essential. The four key steps are:

1. GET YOUR HOME INTO "MODEL HOME" CONDITION.

The best way to get your house ready for sale is to take a critical look at it. Pretend you are a critical buyer. Ask yourself, "Would I buy this home?" If your honest answer is "no," then do your best to correct its deficiencies. Getting your home into "model home" condition doesn’t mean making major renovations, such as installing a new kitchen or new bathrooms. That is usually a waste of money because buyers might not like your tastes.

Instead, cleaning, repairing and painting are all that is usually needed. Inexpensive cosmetic improvements usually pay off handsomely.Even if your home really doesn’t need it, fresh paint is the most profitable improvement you can make. It gives that "new feeling" to even old houses. For every $1 spent painting the interior and exterior, the return in the form of a higher sales price is often 10 times its cost. Other profitable improvements that usually return more than their modest costs include new light fixtures, new floor coverings (carpets, kitchen and bathroom tile or vinyl, refinishing wood floors, etc.) and a landscaping spruce-up with colorful flowering plants.

Pretend you are a photographer from one of the home magazines, such as House Beautiful or Sunset. Aim to make your house worthy of a low-cost home makeover feature article.

 2. HAVE YOUR HOME PROFESSIONALLY INSPECTED.

Another alternative is to repair or replace the deficient item, such as a bad furnace, but ask the supplier to delay payment until the sale closes. Most suppliers are eager to make sales and will readily agree to delayed payment without extra cost.

The reason a pre-listing professional inspection is so vital is that most of today’s savvy buyers insist on these inspections. By having your own pre-listing inspection, you will already be aware of any serious drawbacks. In addition, wise home sellers have customary local inspections such as for termites, energy efficiency, radon and building code compliance. Such inspections avoid later surprises. Smart sellers have repairs made before putting their home on the market, thus thwarting buyer objections.3. ESTIMATE YOUR HOME’S MARKET VALUE.

Home sales prices are based on the recent sales (not asking) prices of nearby similar houses within the last three months. A good place to start is on the Internet to determine your home’s approximate market value. For a FREE, no obligation, current market analysis of your home, log onto www.forhomesellers-nonSmartZip.com, fill out the form and a current market analysis of your home will be emailed directly to your inbox.

To find out the asking prices of similar homes listed for sale in your community, the best source is www.forhomeinfo.com. This Web site searches homes directly from the Multiple Listing Service. It is also FREE to sign up for and homes will be emailed directly to your inbox that meet your specific criteria. It will give you a good idea of comparable nearby houses now listed for sale. Please remember these are asking price, not sales prices. You can also obtain a home value analysis by email by logging onto www.forhomesellers-nonSmartZip.com. Here, you simply enter in the information pertaining to your home and within about 24 to 48 hours you will receive this analysis by email.

 4. INTERVIEWING A REAL ESTATE AGENT.

1. Ask how long the agent has been in the business.

2. How many homes they list and sell annually? (more is good).

3. What kind of marketing do they provide? (extensive Internet is good).

4. Get at least 3 references.

6. How long is the listing period?

7. How long do they follow up on showings?

8. What systems do they have for regular communication?

9. Are they a single agent or do they have a team? Teams are typically better.

Never, never choose an agent solely based on the fee they charge or on a potentially inflated sales price. Follow these simple suggestions and you should maximize on your homes sale price and have a great selling experience.

 

For Sale: $260000
podcast
 
Keller Williams Realty Eugene and Springfield, 242 Country Club Road, Eugene, OR, 97401

Monday Morning Real Estate Update 2/12/07

by Galand Haas

Good Monday Morning!

The Real Estate market in the Eugene and Springfield area continues to be somewhat stronger.  Even with the slight increase in mortgage interest rates there seems to be more home buyer interest.  For home buyers this really is a great time.  Home prices are certainly softer and there is a fairly good inventory of homes to choose from. 

If you are thinking of purchasing a home, make sure that you explore your mortgage loan options.  We have watched many buyers go into loan situations that become very negative several years later.  Know your options and do some research before you just take out a mortgage loan.  If you have any questions on mortgages or would like to have a top mortgage loan professional recommended, please e-mail or call me.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

January-March of 2007 is a great time to sell your home

by Galand Haas

 

HOME SALES MARKET REALITY

The home market in the Eugene and Springfield, Oregon area in Janaury of 2007 is certainly not in line with what is taking place in the national market.  Statistics show that through the end of the 2006 year our area realized a home price value increase of 13.4%.  This kind of value increase is not the norm for most of the United States at this time. This is an excellent market for home sellers to think about obtaining a sale at top market value.  It is the right market for first time buyers and move up and move down buyers to take action. 

If you are thinking of putting your home on the market you can receive a FREE home value market analysis by e-mail at www.forhomesellers-nonSmartZip.com.

Monday Morning Real Estate Update 12/11/06

by Galand Haas

It was a weekend of heavy traffic at the shopping areas and long lines at the stores.  Tis the season!

The Real Estate market in the Eugene and Springfield area continues to improve as the number of acitve home buyers seems to be on a steady increase.  This has been the trend for several weeks and the number of recent or pending sales has increased as a result.  This trend may continue through the Holidays and possibly even pick up more momentum in January and February of next year.  If you are considering the sale of your home, the next few months may offer you the best opportunity to do so in the the upcoming year.

If you would like an updated look at your homes current market value log onto www.forhomesellers-nonSmartZip.com.  You can order an accurate home value analysis at this site that wil be delivered to you by e-mail.

Have An Awesome Week!   AND HERE'S YOUR MONDAY MORNING COFFEE!!

Monday Morning Real Estate Update 12/4/06

by Galand Haas


 

Good Monday Morning!

It was a little bit cool over the weekend, but beautiful for this time of year.  It is a great time to drive around town and explore all of the Christmas lighting. There are some gorgeous neighborhoods.

It is also a great time of year to purchase a home if you are an interested home buyer.  Currently, there are a large number of great homes for sale that are priced extremely well.  The possibilities for home buyers is the best that it has been in years.  There are also some very competitive mortgage rates out there at this time.  Contact me if you would like information on a variety of great mortgage programs.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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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

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