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Real Estate Market Update

Monday, March 26, 2012
by Galand Haas

Good Monday Morning!

The Real Estate market never rests.  Nationally, home sales were down in February after several months of improvement.  Locally, we will wait for another week or so to see what the trend looks like.  My guess is that our local market has also slowed some.  The inventory of homes for sale is beginning to build again after reaching a low of 6.4 months of inventory in January of this year.  I don't think there is any question that we have a ways to go before we see any long periods of steady improvement in the housing market both locally and nationally. 

If you are considering the sale of your home and you think that you just might wait this out, think again.  It will most likely be 7 to 8 years before your home reaches back to the price point it is at today and maybe 15 to 20 years before we see home prices reach where they were at the peak of the market several years ago.  Make sure you consider this if you are thinking about selling your home soon.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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82590 Barbre Rd
Price: $475,000 Beds: 3 Baths: 2 Sq Ft: 2754
Custom Creek Front Oasis! Open floor plan with wonderful views of the creek and mountains. Vaulted ceilings, skylights, gourmet kitchen with Cherry & Hickory cabinets and walk-in pantry, laundry room, master suite with walk-in closet and access to p...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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What kind of homes should I be looking for?

Monday, March 12, 2012
by Galand Haas

Good Monday Morning!

One of the most common questions that I am asked is about foreclosure homes.  If I am in the market for a great deal on a home purchase should I only be looking at foreclosure homes?  The answer to this question is simple. No!  If you really want to take advantage of our current market you need to be looking at all homes that meet your needs, conventional listings, foreclosure listings and even short sales.  By doing this you will be able to not only have a great idea of what's out there but you will soon be able to tell what is a good buy and what is not.  Foreclosure homes are not always a great deal.  The truth is that in this market we find more great purchase opportunities with conventional listings than with the bank owned properties.  There are many good buys out there right now and many more coming in the months ahead.  For those buyers who are smart with their home search process and who have patience there will be some great opportunities.

Two very easy ways to stay on top of the home purchase market are to sign up at these two web sites.  www.forhomeinfo.com will allow you to search live for all homes for sale in the Eugene and Springfield areas and save your search criteria to update you daily by e-mail as new homes meeting your needs hit the market.  www.eugenebankowned.com will send you a weekly e-mail list of all bank owned and foreclosure homes for sale in the Eugene and Springfield market areas.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
1355 Pleasant St
Price: $160,000 Beds: 4 Baths: 2 Sq Ft: 1470
Delightful home in great location. Inside features newly renovated master bedroom with private bath. Good layout, open kitchen, great oak floors, plus large family room with slider to backyard. Outside features lawn with sprinkler system and huge fe...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The Real Estate Market in the Eugene and Springfield Area

Monday, March 5, 2012
by Galand Haas
VideoVideo

Good Monday Morning!

We had a little taste of Spring over the weekend here in the Eugene and Springfield area.  Let's hope there is lots more on it's way soon.

The Real Estate market in the Eugene and Springfield area has improved some, but selling a home remains to be a tough situation for most sellers.  The good news is that we are selling homes, but the ones we are selling have several key factors going for them.  The most important factor that they have going for them is that they are priced right.  Over priced homes just sit and watch the market go by. Even homes that are slightly over priced don't sell in this market.  The second factor that will help any home sell in this market is condition.  Making sure that your home looks great will not only help it sell, but it will help you get top dollar for your home.  Doing paint touch up, dressing up landscaping, taking care of general repairs and even staging your home can make all of the difference in this market.

The reality is that the market here in our area will most likely continue to decline in value for another year or so.  When the housing market does hit bottom we will remain there for three to four years in a flat market before we begin a slow climb out.  It may be eight to ten years before we reach values where they sit today.  So unless you can wait this long to sell your home, it is best to price it right now and make sure that it shows well. The quicker it sells, the more money you will realize form your home sale.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-March-2012
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2434 Royalann Ln
Price: $305,000 Beds: 4 Baths: 2 Partial Baths: 1 Sq Ft: 2339
Beautiful home in Cherry Hill Estates. Features gorgeous wood floors and great separation of space. Living room with fireplace, large kitchen with granite counters, eating bar & pantry. Large master suite with walk-in closet plus bonus room! Family ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Haas Real Estate Team
Keller Williams Realty Eugene and Springfield
2645 Suzanne Way Suite 2A
Eugene OR 97408
Direct: (541) 349-2620
Fax: 541-687-6411
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