Eugene and Springfield Real Estate Update 8/24/08
Good Monday Morning!
The statistics are in for July home sales in the Eugene and Springfield market. It appears that the decline in home sales and home values continues on. Overall home sales declined by 19.4% from July of 2007, while pending home sales really dipped with a decrease of 31.9%. The inventory of active homes for sale was at 8.8 months and the average time for a home to sell was at 79 days.
I continue to say that this is the market for home buyers and those who do not take advantage of this market will miss out. You will never know when it hits bottom until it starts climbing back up. We have been helping savvy home buyers get some very-very good buys as of late.
Have An Awesome Week!
THIS WEEKS HOT HOME BUYS!
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615 Murin Street
Description: Beautiful 2-story family home features a multi-purpose den with French doors, a large living room with fireplace and ceiling fan. Kitchen features oak cabinets, built-in appliances and a small desk. T .... |
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1616 Kellog Road
Description: This very welcoming 2-story family home has 4 bedrooms and lots of options. 2 additional rooms could even make this into 6 bedrooms. Home has two master suites on each level with private baths. .... |
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
