541.349.2620 or Email us

Featured Listing

Featured Listing

For Sale: $279,000

More Information

Monthly Newsletter from Galand Haas

Lane County Real Estate

RMLS Most Available Data For This 2014 Reporting Period

NOVEMBER HIGHLIGHTS

Lane County saw some seasonal cooling this November, but measures are mostly strong compared to last November. Closed sales (253) show a 6.3% increase from last November (238) but decreased 37.4% from October (404). Similarly, pending sales (252) showed an edge (0.4%)over last November (251) but decreased 31.9% compared to accepted offers from October (370). New listings, at 256, were 4.8% lower than the 269 new listings from last November, and also decreased 35.0% when compared to October.

Inventory rose to 5.5 months in November, and total market time increased to 107 days.

YEAR-TO-DATE SUMMARY

Lane County has now surpassed its measures of 2013 activity. In the first eleven months of the year, new listings (5,575), pending sales (3,742) , and closed sales (3,520) have increased 3.7%, 3.7%, and 0.3%, respectively, over the same period in 2013.


AVERAGE AND MEDIAN SALE PRICES

The average price during the first eleven months of 2014 was $235,800, up 4.4% from the same period of 2013, when the average was $225,900. In the same comparison, the median has risen 5.7% from $200,500 to $212,000.

We Have Buyers Looking For These Homes

Ferry Street Bridge, North Gilham, Santa Clara, South Eugene

Single level or master bedroom on main level, 3+ bedrooms, office space, 2+ bathrooms, 1800+ SF, priced up to $380,000

Southwest Eugene, Southeast Eugene, Creswell

Home with 2+ acres, priced up to $350,000

Eugene, Springfield

Fixer priced up to $125,000

January 2015

Tax and Home Records Checklist: What to Keep and For How Long

Unless you’re living in the 123-room Spelling Manor, you probably don’t have space to store massive amounts of tax and insurance paperwork, warranties, and repair receipts related to your home. But you’ll definitely want your paperwork at hand if you have to prove you deserved a tax deduction, file an insurance claim, or figure out if your busted oven is still under warranty.

Except for tax paperwork, there’s no official guideline governing exactly how long you have to keep most home-related documents. Lucky for you, we considered the situations in which you might need documents and came up with a handy “How Long to Keep It” home records checklist.

First, a little background on IRS rules, which informed some of our charts:

  • The IRS says you should keep tax returns and the paperwork supporting them for at least three years after you file the return — the amount of time the IRS has to audit you. So that’s how long we advise in our charts.
  • Check with your state about state income tax, though. Some make you keep tax records a really long time: In Ohio, it’s 10 years.
  • The IRS can also ask for records up to six years after a filing if they suspect someone failed to report 25% or more of his gross income. And the agency never closes the door on an audit if it suspects fraud.

Why you need these docs: You use home sale closing documents, receipts for capital improvements, and like-kind exchange records to calculate and document your profit (gain) when you sell your home. Your deed and mortgage payoff statements prove you own your home and have paid off your mortgage, respectively. Your builder’s warranty or contract is important if you file a claim. And sooner or later you’ll need to check the CC&R rules in your condo or community association.

Why you need these docs: To document you’re eligible for a deduction or tax credit.
*Energy tax credits for alternative energy sources; credit expires at the end of 2016.
**Tax credits that you carry forward from one year to a future year, such as when you don’t have enough tax liability to offset the entire amount of the credit. (You can’t deduct more than you earn.) Only certain tax credits can be carried forward. Check with your tax pro about your particular circumstances.

Why you need these docs: To file a claim or see what your policy or warranty covers.

Why you need these docs: For the most part, to prove your eligibility to deduct the expense. You’ll also need receipts for capital expenditures to calculate your gain or loss when you sell the property. Landlord’s insurance and partnership agreements are important references.

Why you need these docs: Most are needed to calculate capital gains when you sell. Employment records help prove deductions.

Organizing Your Home Records

Because paper, such as receipts, fades with time and takes up space, consider scanning and storing your documents on a flash drive, an external hard drive, or a cloud-based remote server. Even better, save your documents to at least two of these places.

Digital copies are OK with the IRS as long as they’re identical to the originals and contain all the accurate information that was in the original receipts. You must be able to produce a hard copy if the IRS asks for one.

Tip: Tax season and year’s end are good times to purge files and toss what you no longer need; that’s often when the spirit of organization moves us.

When you do finally toss out your home-related paperwork, use a shredder. Throwing away intact documents with personal financial information puts you at risk for identity theft.

This article provides general information about tax laws and consequences, but isn’t intended to be relied upon as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice.

Read more at houselogic.com | Tax and Home Records Checklist

 

How to Add a Faux Beam

Watch how to give a room character with an easy-build faux ceiling beam. (02:33)

Read more at diynetwork.com | Faux Beam

 

 

Old-Time Beef Stew

Total Time: 2 hrs 15 mins
Makes: 6 servings
Level: Easy
Ingredients
  • 2 pounds stew beef
  • 2 tablespoons vegetable oil
  • 2 cups water
  • 1 tablespoon Worcestershire sauce
  • 1 clove garlic, peeled
  • 1 or 2 bay leaves
  • 1 medium onion, sliced
  • 1 teaspoon salt
  • 1 teaspoon sugar
  • 1/2 teaspoon pepper
  • 1/2 teaspoon paprika
  • Dash ground allspice or ground cloves
  • 3 large carrots, sliced
  • 3 ribs celery, chopped
  • 2 tablespoons cornstarch

 

Directions

1. Brown meat in hot oil.

2. Add water, Worcestershire sauce, garlic, bay leaves, onion, salt, sugar, pepper, paprika, and allspice. Cover and simmer 1 1/2 hours.

3. Remove bay leaves and garlic clove. Add carrots and celery. Cover and cook 30 to 40 minutes longer.

4. To thicken gravy, remove 2 cups hot liquid. Using a separate bowl, combine 1/4 cup water and cornstarch until smooth. Mix with a little hot liquid and return mixture to pot. Stir and cook until bubbly.

Read more at foodnetwork.com | Old-Time Beef Stew

Compiled from Google, 2015

 

Quote of the Month

 

"Don’t walk behind me; I may not lead. Don’t walk in front of me; I may not follow. Just walk beside me and be my friend."

- Albert Camus

 

Author and Philosopher

 

Photo: www.values.com

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+