Good Morning!

I am asked frequently the question as to, "when is the best time for me to sell my home"?  The answer to this most times can vary and is always subject to supply and demand.  When supplies are low and demand is high, (sellers market), this is always the best time to sell. Right now in the Eugene/Springfield home market, the demand is high and the inventory is low.  In fact right now, we are at 3.4 months of home supply.  Remember, anything less than 6 months is a sellers market.  On top of this, we are continuing to enjoy the benefits of historic low mortgage interest rates.  The combination of high demand, low inventory and low mortgage rates has also put our home market on a sharp rebound in home values.  So, not only is there demand, but your home value is most likely much higher than where it has been over the past several years.

Beware!  As all markets do, this current market won't last forever. In fact my prediction is that when mortgage interest rates begin the spiral upwards, the housing market will flatten quickly. This means that demand will taper, there will be higher inventories of homes for sale and this may put pressure on home prices in our area.  We could actually see home values decline again.

For this reason, if you are thinking about selling your home now or within the next several years, my advice would be to act quickly.  Get your home on the market now while the conditions are extremely favorable. If you wait, you just may miss your opportunity for a home sale at a strong market value.  Chances are that we won't see another market like we have right now for many years.

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Have An Awesome Week!


3097 Summit Sky Blvd

Price: $699,000     Beds: 4     Baths: 4      Partial Baths: 1     Sq Ft: 4338

Elegant upper end home on 1.06 acres in SW Hills! Maple hardwood flrs, granite, travertine, 3 suites, 2 fireplaces, 2 balconies, family rm, library/office, formal dining, bonus rm, media rm. Gourmet kitchen with cherry cabs, wine fridge, dbl ovens, ... View this property >>