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Monday Morning Real Estate Update 5/12/08

Friday, June 6, 2008
by Galand Haas

Good Monday Morning!

It looks like Summer may arrive this week.  90 degrees by Friday!!!

There is certainly a great deal of inflation taking place in the economy right now.  Gas is hitting $4 per gallon, postage went up to $.42 for a stamp, groceries and everything else are going through the roof.  One area that this is not the case is with home prices here in the Eugene and Springfield area.  Home prices are dropping and there are some extremely attractive opportunities available right now.  Mortgage loan rates are also attractive and are holding at under 6% for 30 year fixed financing.  It would appear that home prices may continue to decline even further over the coming months.  The unknown is whether mortgage rates will remain at the current low levels.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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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

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Monday Morning Real Estate Update 4/7/08

Friday, June 6, 2008
by Galand Haas

Good Monday Morning!

The weekend saw an return to Winter type weather.  April is always interesting in our area, so look for more Spring and Winter weather to come.

The mortgage loan situation  continues to become tougher.  Lenders programs have been significantly reduced and many loan s that were easy to get just a few months ago have gone by the way side.  Interest rates continue to be well under 6% for 30 year fixed financing, but obtaining these loans can be a chore in some cases.  Now more than ever it is important to go to a good reputable lender.  Trying to do the cut rate version now may spell disaster.

There is now well over a 10 month inventory of homes on the market in the Eugene and Springfield area.  This means that for buyers there is a great deal of inventory to choose from.  Prices are soft in many areas, so it still is the perfect time to buy a home.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Monday Morning Real Estate Update 3/17/2008

Friday, June 6, 2008
by Galand Haas

Good Monday Morning!

The Feds made another drop in short terms rates yesterday.  The Fed is desperately working to turn the nations economy around.  The threat of recession continues to be driven by the poor national housing market.  Here in the Eugene and Springfield area we continue to have one of the best housing markets in the country.  It is not the market that we enjoyed 2 years ago, but in comparison to other parts of the country, it looks positive.  The average time on the market here is about 94 days and there is right around 10 months of total home inventory.  Home price are sliding slowly, but not to the extent that they are in other national markets.

If you would like to get an idea on what your homes value currently is, visit the web site www.forhomesellers-nonSmartZip.com.  This site will allow you to enter in information on your home and then receive a market value analysis by e-mail.  It's always a good idea to get an estimate of your homes value, whether you are planning to sell or not.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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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

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Monday Morning Real Estate Update 2/25/08

Thursday, March 13, 2008
by Galand Haas

Good Monday Morning!

Look for the Fed to drop short term rates again this week.  A bumpy ride with the bond market last week sent mortgage loan interest rates on the increase.  Rates did not jump considerably, but any increase at all is not good news for the already sluggish national housing market. 

The mortgage loan situation continues to be tough.  If you are considering either a home purchase or the refinance of your existing home, be cautious.  You will want to do your research and also do some shopping for the best rates, lowest fees and good advice on what loan program is best for you.  If you should need help with this, just hit reply to this e-mail and ask for lender information.  I would be glad to furnish you with a list of very good mortgage brokers in the Eugene and Springfield area.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Monday Morning Real Estate Update 2/4/08

Thursday, March 13, 2008
by Galand Haas

Good Monday Morning!

If you are looking for a change in the Real Estate market you will have to look outside of the Eugene and Springfield area.  There really has been little change over the past several months and I don't look for much change in the months ahead.  This is why our current market remains one of the most opportune times to purchase a house that there has been in decades.  Home prices remain extremely attractive and there are many seller incentives out there.  With the current low mortgage rates, this is a wonderful opportunity.

If you would like to receive e-mail updates as new homes meeting your search criteria hit the market, you can log onto www.forhomeinfo.com to receive informative daily e-mail updates on homes listed for sale.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 1/7/08

Tuesday, January 8, 2008
by Galand Haas

Galand Haas,

Good Monday Morning!

The Holiday bustle is over and it's now back to life as usual.  It is also that time of year that we traditionally see the Real Estate market pick up steam.  Here in the Eugene and Springfield area we have not wasted any time in picking up the pace.  One large reason for a surge in activity comes from the fact that mortgage interest rates have steadily decreased over the past several weeks.  As of the end of last week I was seeing 30 year fixed conventional loans as low as 5.5%.  This is the lowest level in years and buyers are learning that this combined with lower home prices and a very nice inventory of homes to choose from has given them a great opportunity.  This trend will do nothing but improve if interest rates continue their decline. or even remain steady.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

 

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Monday Morning Real Estate Update 1/1/08

Tuesday, January 8, 2008
by Galand Haas

Good Monday Morning!

Happy New Year!!!!!!

It now appears that the Eugene and Springfield area will hit 2008 with some renewed energy in the Real Estate market.  We have certainly watched a significant increase in both the number of buyer calls and showings on home we have listed for sale.  This trend has picked up steam over the past 3 weeks, which is typically a much slower time of interest due to the Holiday's.  Over this same time period we have also sold a number of homes that have been on the market for extended periods of time.  This is good news for a market that was in steady decline.

If you are considering selling a home in 2008, the first quarter may very well be your best bet.  If you wait for the trees to bud and the flowers to bloom you may miss the best part of the 2008 market for home sales.  Waiting for Spiring/Summer could cost you time and money.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 12/17/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

If you have not had the opportunity to view the Christmas lights in our community this year, you need to take the time to do so.  They are spectacular!

Buyer interest in homes for sale in our area continues to rebound. Even at this time of year, when we typically see little interest the numbers of home showings continues to increase.  This is a good indication that the first quarter in 2008 will see an increase in home sales.  With mortgage loan interest rates continuing their decline, this could signal the bottoming out of the slow down in home sales for Eugene and Springfield.  It's hard to hit the market right, but my suggestion to anyone interested in buying is to not wait a moment longer.  Thinking that home prices could become even more attractive down the road could be a mistake.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Displaying blog entries 81-90 of 119

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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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