Real Estate Information Archive

Blog

Displaying blog entries 71-80 of 117

Monday Morning Real Estate Update 8/11/08

Tuesday, September 16, 2008
by Galand Haas

Good Monday Morning!

The mortgage industry certainly seems to be over reacting to what they perceive as a crisis.  With Fannie Mae now announcing that they will have new and much stiffer qualification criteria for mortgage loans, the playing field gets even rougher.  Two years ago if a home buyer could fog a mirror they could obtain a mortgage loan.  Today, even those buyers with stellar credit and good income could potentially have a very hard time obtaining home financing.  This tightening of the belt could add even more stress to an already troubled national housing market. 

The good news is that savvy home buyers are finding ways to get mortgage loans.  The key today is to find a good Real Estate agent with connections to a top mortgage broker. This does not mean that it will be easy, but for many buyers it means that they can still buy in this current attractive home market.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 8/4/08

Tuesday, September 16, 2008
by Galand Haas

Galand Haas,

Good Monday Morning!

It looks like we are going to have some hot August weather for the week!  Enjoy it while it lasts.

The Real Estate market in the Eugene and Springfield area show a continual slowing for sales.  Pricing continues to decline and as I have been saying for months, this is the best market you are going to see if you are thinking about purchasing a home.  This is also an outstanding market for Real Estate investors.  With competitive property pricing, great mortgage interest rates and high rents, it's a good time to invest.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 7/28/08

Tuesday, September 16, 2008
by Galand Haas

Good Monday Morning!

I spent the last week at a national Real Estate convention.  The majority of the talk was involved in what is taking place with the Real Estate market.  I can tell you in confidence that after talking to other agents from almost every market in this country, the Eugene and Springfield area has has clearly maintained a much healthier market.  The one thing that I can see from this is that even though we saw home prices climb in our area, we did not see the kind of housing inflation that many parts of the country saw.  Our ride down may be much more gentle as a result.  Time will tell the story here. 

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 7/21/08

Tuesday, September 16, 2008
by Galand Haas

Galand Haas,

Good Monday Morning!

With banks such as Indi Mac failing, consumer confidence across the country is suffering.  Now the problem with the Real Estate market is as much of a confidence problem as it is a problem of real economic conditions.  This confidence problem has become evem more exaggerated with the recent rumblings that national Real Estate mortgage giants Fannie Mae and Freddie Mac are suffering from loan default problems as well. Within any economic cycle consumer confidence plays a huge role.  I would think that the trends that we see in our local market will follow the confidence level of consumers nationally.  So, watch closely what national economic experts predict , because that is most likely the path that our local market will follow during the months ahead.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 6/30/08

Tuesday, September 16, 2008
by Galand Haas

Good Monday Morning!

What a gorgeous Summer weekend we had.  Mother Nature even decided to throw in some fireworks of her own.

Well, there are no significant changes in the Real Estate market here in the Eugene and Springfield area other than the fact that our inventory of homes has started to decline.  This situation is not taking place from an increase in homes sales, but is a result of fewer people making the decision to sell their homes at this time.  A lower inventory of homes for sale could start having an impact on the overall market if this trend continues. 

We have certainly found that the staging of homes we have for sale is having a significant impact on their time on the market.  We have several professional stagers that we work with and we are finding that by spending a little bit of money upfront with staging, we are receiving it back many times over on the sale of the home. This is one of the tactics that works in this market.

Have An Awesome Week and a Great Independence Day!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 6/09/08

Tuesday, September 16, 2008
by Galand Haas

Galand Haas,

Good Monday Morning!

We are very clearly well into a buyers Real Estate market  with inventory of available homes for sale at 9.5 months.  6 months of inventory is the break off point between a sellers market and buyers market.

One thing that holds true for sellers in this current market is the fact that the agent you choose to represent your property can have an enormous effect on how long your home is on the market and the price it sells for.  This is certainly not the kind of market that you want to choose a Real Estate professional based on the price they say your home is worth.  When interviewing agents always look at the agents track record over the past 5 years.  Agents who have been in the business 10 years or longer have weathered slow markets before and have some experience with them.  Look at the agents statistics compared to the MLS averages.  The agent you speak with should know these statistics very well.  Make sure that your agent has an aggressive home marketing plan and that it focuses heavily on Internet marketing.  Discount brokers may struggle in this current market, so beware. 

An experienced agent can help you get top dollar for your property, even in this market.

Have An Awesome Week! 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 4/21/08

Friday, June 6, 2008
by Galand Haas

Good Monday Morning!

Snow on the ground in the Eugene and Springfield area in mid-April?  Wow!!!!

The month of March Real Estate statistics are out and it is clear that the market here continues it's downward trend.  Average days on the market are currently at 90 days, this compares to 78 days for March of 2007.  The biggest change is the number of closed home sales.  Closed home sales were down by 29.1% and pending sales by 28.7% from March of last year.  There was 10 months of active inventory on the market for March of this year.  This compares to 3.8 months of inventory in March of 2006 and 5.6 months of inventory in March of last year. 

Mortgage interest rates remain extremely favorable with 30 year fixed loans at around the 5 3/4% mark.  What a great time to be a home buyer!

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 4/14/08

Friday, June 6, 2008
by Galand Haas

Good Monday Morning!

Spring decided to return for another few days over the weekend.  It doesn't get any better!

For the Eugene and Springfield Real Estate market it is just the same old same old. Fortunately, our market continues to be better than many other markets around the country, but it certainly remains on the slow side.  If the national economists predictions hold true, then we may see another 2-3 years of this kind of market. or even slower.  What this could indicate is that home values will decrease over that period of time.  If this is correct then this may be the best shot to sell your home that we will see in a while.  Something to think about if your are considering the sale of your home.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 3/31/08

Friday, June 6, 2008
by Galand Haas

Good Monday Morning!

Monday is the beginning of a new week and with each and every Monday we get to make the choice of how we perceive the week ahead.  By looking at the week ahead with excitement and optimism, we can  have a positive influence on how our week  will be and we can also certainly have a significant positive influence on the world around us.

The Real Estate market in the Eugene and Springfield area continues to show some signs of more activity.  With recent mortgage rate decreases, buyers seem to be taking a more serious look at purchasing homes now.  This may be a wise move with the uncertainty that exists in the mortgage world.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Monday Morning Real Estate Update 3/10/08

Thursday, March 13, 2008
by Galand Haas

Good Monday Morning!

Spring is happening!  The flowers are beginning to bloom and the leaves are coming out on the trees.  It is the beginning of a gorgeous time of year.

The Eugene and Springfield Real Estate market also seems to be awakening from Winter.  There are more buyers out looking right now than there has been in months.  If this starts turning into sales, we should see a marked improvement in homes sales over the next several months.  Mortgage interest rates have been on a roller coaster ride over the past week, but still remain extremely favorable with 30 year fixed rates in the low 6% range.  Look for these rates to continue their up and down ride over the next few months.

One bit of interesting news is that the average time it takes a home to sell in our current market is 92 days.  The average time it is currently taking homes listed by the Galand Haas Team to sell is 54.4 days.  Strong and aggressive marketing makes a difference in this market.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Add Comment

Displaying blog entries 71-80 of 117

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!