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Good Monday Morning!

Recently, the number of homes going through foreclosure in the Lane County area shot through the roof.  There were over 300 foreclosure properties that went to auction within one week last month.  This is well above the number that we had been seeing on a monthly basis.  What this means is that in the near future we are going to see the number of bank owned properties on the market for sale skyrocket.  This will put pressure on inventories, home prices and most likely make it harder for non-forclosure properties to sell.  The positive side of this is that there will be some very good purchase opportunities out there on many of these properties once they hit the market.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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

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1004 54th Street
Price: $305,000 Beds: 3 Baths: 2 Sq Ft: 1700
A great home on a spacious .99 acre dividable lot! This charming home has many features including granite counters and cooking island in the kitchen, a fireplace in the living room, and a master bedroom with french doors and his-and-her closets. Rel...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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