541.349.2620 or Email us

Blog

Displaying blog entries 1-3 of 3

The Housing Market in Eugene and Springfield

by Galand Haas

Good Monday Morning!

There is some good news for our housing market in the Eugene and Springfield area.  We had another month of increased home sales.  For October of this year closed home sales were up by 14.4% over 2010 and Pending sales were up by 7.3% for the same time period. New listing were down again and were off by 18.1%.  A personal observation on listings notes that the majority of the new listings are distressed sales and that those homeowners who do not have to sell are making the choice not to sell in this market.  This has actually created a short supply of homes in some areas, especially in the price ranges of $175,000 and below.

Closed home sales fell in October from September by 7.4%, but pending sales were up by 18.3% for the same time period.  The number of new listings hitting the market fell by 9.2% for the same time period.

There is currently 7.6 months of active inventory of homes for sale.  The average sales price declined again and fell by 2.9% from October of last year and now rests at $203,800.  The average time it is now taking for a home to sell is 141 days.

As long as mortgage interest rates remain constant and home inventories continue to decline, this trend should remain fairly constant.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
2594 Pierce Street
Price: $235,000 Beds: 4 Baths: 2 Sq Ft: 2139
Contemporary with great views of nature! Great open floor plan, wood floors throughout most of home, skylights in almost every room, large entry, vaulted ceilings, kitchen with eating bar and area. Master suite with walk-in closet. Plus good size lo...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Current Home Trends in Eugene/Springfield

by Galand Haas
VideoVideo

Good Monday Morning!

First time home buyers continue to make up the majority of home sales in the Eugene and Springfield area.  Affordable homes in the price ranges below $200,000 are continuing to be the most desireable homes on the market.  This is also where we are seeing the lowest inventory numbers at this time.  Also many homes in this price range are distressed properties, which means they are either bank foreclosures or short sales.  Most likely the demand for these homes will continue strong in the future as well and inventiries may also remain low.  

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-November-2011

Image Unavailable
1336 Tamarack St
Price: $165,000 Beds: 4 Baths: 2 Sq Ft: 1471
Wonderfully updated home with huge backyard. On quiet street close to park and schools. Features light and bright living room with brick fireplace, well-sized bedrooms, updated baths, master suite with walk-in closet. 4th bed could be an office. New...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Find Us on Facebook

by Galand Haas

Good Monday Morning!

What a gorgeous sunny Northwest day it is in the Eugene and Springfield area.  It looks like an entire week of it ahead. Yeah!!!!

Social media is quickly becoming one of the most popular communication tools used by many of us.  Facebook, Twitter, Google Plus all are widely used.  Facebook now has over 800 million users with over 300 million people on line at any given time.  We want to remain on the cutting edge and make sure that we are providing Real Estate information consistently to anyone looking for that information in the Eugene and Springfield area.  Our new Facebook business page has been designed to do just that.  Check us out at www.facebook.com/galandhaasteam.  While you are there click the "LIKE" button and you will be updated on local Real Estate news and tips along with exciting new home listings.  

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
46747 Goodpasture Rd
Price: $925,000 Beds: 4 Baths: 3 Sq Ft: 3124
Custom home with awesome river views! Great room welcomes you with spacious rooms, numerous windows and skylights, vaulted ceiling with wood columns, detailed custom woodwork throughout. Master suite includes his-&-her closets and sinks, soaking tub...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Facebook

Displaying blog entries 1-3 of 3

Syndication

Categories

Archives

Living in Eugene is more than your address,


its a way of life...

Click to explore Eugene and surrounding communities.

You'll discover exactly which neighborhood suites your lifestyle.

Google+