Monday Morning Real Estate Update 7/4/07
Good Monday Morning!
Happy FOURTH OF JULY week!!!!!!!!
Home sales are remaining steady here in the Eugene and Springfield area. The largest change over the past 30 days has been the huge increase in the number of homes for sale. The high inventory of homes for sale should peak sometime in July. This is good news for those buyers who are actively looking to purchase right now. Prices are softer due to high competition and there is a large selection of homes for sale. The news is not so good for those who are trying to sell due to high competition levels..
The national Real Estate market continues to slump with homes sales continuing to decline and new housing starts continue to be very soft. The Eugene and Springfield Real Estate market continues to be one of the best in the country.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!