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Monday Morning Coffee

Monday, April 29, 2013
by Galand Haas

Good Monday Morning!

As the national and local Real Estate market's continue to heat up, it would be wise to approach the current housing market with a degree of caution.  Yes, it is exciting that homes are once again beginning to sell in the Eugene and Springfield market areas! Is it just like the old times again?  Well, maybe not.  In fact we most likely will never see the old times again.  

What we all need to remember is that the current upsurge in the housing market and in home values is not based on a true economic recovery.  Most of the improvement in the housing market are based on current low mortgage interest rates that are being artificially created by the feds.  We can all hope that both the national and local economies will rebound significantly because the low rates won't last forever.  When interest rates begin to rise, look out.  Will the current bubble burst?  This is going to be dependent upon the condition of the economy and also on how sharp the increase in mortgage rates is.  It could happen quickly though and we could slide back into a strong buyers market at the drop of a hat.

We most likely will see a continuation of low rates for the forseeable future, but the best bet is to take action now if you are considering a home purchase. One thing that history has proved to us is that the market we have today won't won't be the market that we have a year from now.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

 

 

Image Unavailable
4020 Hampshire Ln
Price: $165,000 Beds: 3 Baths: 1 Sq Ft: 1132
Established and comfortable neighborhood! Underground irrigation in front garden, fenced backyard with deck. Home offers living room, family room with pellet stove and slider to back, kitchen with laundry area, and dining area. Some updates includin...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The Numbers are in: March 2013

Monday, April 15, 2013
by Galand Haas

Good Monday Morning,

The statistics are in and March of 2013 contiued to see increased sales activity for homes in the Eugene and Springfield area. 

Lane County added another good month to its 2013 streak, with all measures of activity rising. There were 470 new listings, a 19.9% increase over the 392 entered in March 2012. The increase in new listings did not have the effect of increasing inventory, however. At 4.6 months at the current rate of sale, inventory in months is at a low level not seen since June 2007.

Closed sales reached 278, a 12.1% increase over last March’s 248 transactions, and a 28.7% increase over 216 in February. The 357 pending sales rose 18.6% over 301 in March 2012 and topped the 336 in the prior month by 6.3%. The average sales price for a home in Mrch of 2013 was $196,400 in comparison to $195,300 for March of 2012.

With homes sales contiuing to rebound and home inventories contiuing to decrease the market has become even more of a sellers market.  In many areas homes priced below $200,000 are rare and when listed don't stay on the market long.  Again, if you are considering the sale of your home, don't wait.  Get your home on the market now.  This is clearly the best environment that we have seen in years for sellers.  The future for home sales is unclear, but we do know that right now homes are selling.

THIS WEEKS HOT HOME LISTING!


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6557 E Street
Price: $289,000 Beds: 4 Baths: 3 Sq Ft: 3013
Gorgeous Home with lots of options! Wood flrs, granite counters, recessed lighting, lots of storage, plus a sauna! Lower level bonus area could be a master suite with jetted tub and 2 sinks, a great rec room, or perfect for a home-based business wit...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The Real Estate Market is shifting.

Monday, April 8, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

When Real Estate markets shift, it can happen quickly.  Just as several years ago it seemed like we shifted from a strong sellers market to a buyers market almost overnight, we have now shifted from a strong buyers market to a sellers market.  This means that the active inventory of homes available is under 6 months and that there is strong competition for many homes.  If you are considering a home purchase this does not mean that you should not purchase a home right now.  Just the opposite is true.  It is good to keep in mind that home prices remain well below the level they were at in the 2005 to 2007 period.  If you purchase a home now you are purchasing towards the bottom of the market, although home prices are on the rise.  The other factor to remember is that mortgage interest rates remain at historic low levels.  This won't last forever.

If you do jump into the home market right now, you will want to speak with a mortgage professional first.  This means that if you become pre-qualified for your financing not only will you know how much home you can purchase, but you will also have a competitive edge when making an offer on a home.  

If you would like to get started with the process of purchasing a home, please contact me.  I can first of all set you up with one of our Home Buyer Specialists who can help you with your home search in this current competitive home makrket.  I can also make arrangements for you to meet with a top mortgage expert at the same time.  From this meeting you will be ready to start looking. We know how to make a home purchase both easy and rewarding.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-April-2013
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88688 Faulhaber Rd
Price: $270,000 Beds: 3 Baths: 2 Sq Ft: 1185
Beautiful Horse Property! Features 2 pastures, 2 stalls and hay storage with side pen. One level home sits on 1.44 acres with a long porch, tool-shed, 2-car shop, large front and back fenced yard and fire pit. Large living room with pellet stove and...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The Marketing is Heating up!

Monday, April 1, 2013
by Galand Haas

Good Monday Morning!

Yes, the market is heating up and the inventory of homes available for purchase has decreased significantly over the past six months.  In fact, homes that are in great condition and priced well don't stay on the market long.  The Eugene and Springfield market area is even seeing multiple offers again. It is still a great time to purchase a home.  Mortgage interest rates remain at historic low levels and home price have not increased significantly, although this is on the horizon if current market conditions continue.

If you're a home buyer, among the things you can do to be prepared is to have a plan of action. If you're an aggressive buyer eager to find a home, hire a real estate agent that can help you find what you're looking for and will act quickly when properties hit the market.

When a home is first listed it will get the most attention. In a hot real estate market that could mean not just viewings but multiple offers and even offers that are over the listing price (not something we're used to thinking about lately, but that's the nature of real estate - it cycles through ups and downs).

So, if you're really serious about finding a home in a market where the inventory has dropped and the prices have increased, be prepared to take action the minute homes come on the market. Don't delay and say, "I'll drop by this weekend when I get a free moment." In some of today's markets, procrastination could be the deal breaker.

The Galand Haas Real Estate Team has 3 Home Buyer Specialists.  Our Specialists do not list homes, they only work and represent home buyers.  Working with a Home Buyer Specialist can make a significant difference in a market like the one we are in today.  A Buyer Specialist knows the market, keeps on top of the current home inventory and can help you be on top of the best home purchase appourtunities as they come about.  Having a Real Estate agent working for you in this capacity in this market can make a significant difference in what kind of home you find and how much you pay for it.  Contact us if you are interested in being fully represented as a buyer.  You will love this approcah to purchasing a home.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!
49562 McKenzie Hwy
Price: $364,000 Beds: 3 Baths: 2 Sq Ft: 1280
Cabin on the river! Wonderful views of the river, trees or mountains from every room! Great room with fireplace and amazing view with a wall of windows overlooking the river! Kitchen with island and dining area. Well-sized master suite with ceiling-...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Monday Morning Coffee

Monday, March 25, 2013
by Galand Haas

Good Monday Morning,

Keller Williams International is now the largest Real Estate company in the United States by agent count. http://www.kw.com/kw/pressrelease.html?pressReleaseId=441  

Here at our local Real Estate company, Keller Williams Realty Eugene and Springfield we are also very proud that our local office has lead the Eugene and Springfield market with closed home sales since the beginning of the year.  Outstanding agents, cutting edge technolgy and customer service that is second to none is why Keller Williams is the number one Real Estate company in the United States and the number one Real Estate office for sales in the Eugene and Springfield area.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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4150 Alder St
Price: $250,000 Beds: 3 Baths: 2 ½ Baths: 1 Sq Ft: 1812
Tucked in the Hills! Features a great room, 2 fireplaces, brand new carpet in the bedrooms and lots of storage! Living room with bay window, dining area and well-sized kitchen with plenty of counter space and cabinets. Master bedroom with bath. Lowe...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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February 2013 Lane County Real Estate Numbers

Monday, March 18, 2013
by Galand Haas

Good Monday Morning,

Lane County continues to see a healthy real estate market. Closed sales were at 216, the best February figure since 2007. This also represented a 24.1% increase over last February’s closed sales, and a 18.7% increase from this January. Pending sales, at 336, were a strong increase over January’s 260 accepted , a 29.2% gain.

New listings, at 455, continued to increase from January’s 344 and 370 the previous February.

At 1,236, the active listing count is about the same as in January, and the increase in closed sales has caused the inventory to decrease somewhat to 5.7 months. 

The average sales price for February 2013 was $202,100 compared to $181,400 in Febraury of 2012.

As you can see the overall Real Estate market in the Eugene and Springfield area continues to rebound.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
88688 Faulhaber Rd
Price: $270,000 Beds: 3 Baths: 2 Sq Ft: 1185
Beautiful Horse Property! Features 2 pastures, 2 stalls and hay storage with side pen. One level home sits on 1.44 acres with a long porch, tool-shed, 2-car shop, large front and back fenced yard and fire pit. Large living room with pellet stove and...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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What to Expect for the Housing Market for Eugene and Springfield

Monday, March 11, 2013
by Galand Haas


VideoVideo

Good Monday Morning!

Yes, the Real Estate market has improved in the Eugene and Springfield area.  Statistics indicate that the value of homes has not changed much at this time as a result of the improved market.  This means that even though there are more buyers out looking and there are fewer homes to choose from, the price that you can expect to obtain from a sale has not changed much yet.  If you hava a home on the market or if you are considering the sale of your home, you still must be realistic about pricing your home.  Well priced homes sell quickly right now, but the over priced homes still just sit.  Sellers who price high to test the waters just might miss this market and the chance to sell.  There is a great deal of opportunity right now if you are thinking about selling to purchase another home.  To take advantage of this market and the low mortgage interest rates it is important to be realistic with pricing your home.

THIS WEEKS HOT HOME LISTING!

 

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-March-2013
Image Unavailable
1459 Barrington Ave
Price: $425,000 Beds: 4 Baths: 3 Sq Ft: 2720
Elegant custom built home features Brazilian cherry hardwood floors, extra large bonus room wired for theater, Great room with gas fireplace, kitchen with stainless gas appliances, granite counters & under cabinet/toe kick lighting. Master suite is ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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It just can't get much better than this for financing a home!

Monday, March 4, 2013
by Galand Haas

Good Monday Morning!

It appears that Spring is close to being here.  The first sign of Spring is the longer days and flowers beginng to bloom.  It's a wonderful time to live in the Eugene and Springfield area.

Mortgage interest rates have remained almost unchanged over the past month until late last week when we saw rates take another dip.  It just can't get much better than this for financing a home.  If you consider that home prices are much lower than they were at the peak of the market and then consider the low cost of financing, there just may never be a better time to buy a home.  This also means that it is a great time to sell your home and purchase another home whether it might be a larger home or a smaller home.  The largest challenge facing home buyers right now is that the inventory of homes for sale is low.  It might be slightly tougher to find the perfect home to purchase, but we are managing to find great purchase opportunities right now for the home buyers we are working with.

If you are thinkiing about purchasing your first home, moving up to a larger home or downsizing, the best way to start the process is to set a time to meet with us.  We can determine your needs and then look at the best course of action for you.  Once you know the process and the numbers your decision becomes much easier.  I strongly advise anyone who is thinking about buying or selling a home right now to start the process with this easy analysis.

Have An Aweome Week!

THIS WEEKS HOT HOME LISTING!

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317 Anton Ct
Price: $150,000 Beds: 3 Baths: 1 Sq Ft: 864
Great Property! Features detached 24 x 30ft garage/shop. Home sits behind long driveway allowing for some privacy from street. Cozy home with attached 1-car garage and carport. Plenty of room for RV parking. Sun room in back with small yard and tool...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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January 2013 Numbers Are In

Monday, February 25, 2013
by Galand Haas

Good Monday Morning!

January saw a healthy start to real estate activity in Lane County. Pending sales, at 260, were the best January since 2008, when 270 were entered. Accepted offers were 32% higher than December’s 197. Closed sales fell slightly compared to both the previous January and the previous month. At 182, they were 8.1% lower than the 198 in January 2012 and 25.1% lower than December’s 243.

New listings rebounded strongly from December with almost twice as many entered (334 vs. 180). However, they were slightly under new listings entered in January 2012 (375).

At 1,234, the active listing count is even lower than December, but the decrease in the number of closed sales has caused the inventory to rise slightly. 

The inventory of homes for sale was 5.2 months in December 2012, 6.8 months in January of 2013 and 7.8 months in January of 2012.  We have clearly bounced back into a stronger buyers market.

The average sales price is up slightly at $204,300 in comparison to $200,700 In December of 2012.

As I have been warning anyone who is thinking about selling a home, inventory number will most likely begin to rise between now and June.  This means more competition for your home. If you want to sell your home, don't wait until Spring,  Right now is when you want to hit the market.  Waiting could cost you both time and money.

Have An Awesome Week!

THIS WEEKS HOT NEW HOME LISTING!

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84955 Spencer Hollow Rd
Price: $395,000 Beds: 3 Baths: 2 ½ Baths: 1 Sq Ft: 1784
Relaxing Retreat! Secluded wooded property offers huge maintenance-free composite deck, large backyard, fire pit, 24x24ft shop, dog run with kennel & oversized 2-car garage with finished attic. Light & bright, great room with fireplace, bay window &...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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What is my home worth? Have you tried our Smart Zip tool?

Monday, February 11, 2013
by Galand Haas

Good Monday Morning!

In this ever changing world of home values there is a new online tool that will provide you with a quick and easy look at your homes value and update you every 30 days.  Not only is this new online tool easy, the update feature keeps you on top of the market with your homes value.

The webs site is www.forhomesellers-nonSmartZip.com. This site uses the state of the art system Smart Zip.  You will be amazed as how quickly this site will find your home and provide you with market information.  Check it out!

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
4381 Marcum Ln
Price: $150,000 Beds: 3 Baths: 2 Sq Ft: 1199
Pride of Homeownership! Updates throughout from floor to ceiling! Living room with vaulted ceiling, pellet stove & slider to back, which opens to dining area and kitchen with eating bar. Master bedroom with bath. Outside features mature landscaping,...



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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