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Good Monday Morning!

Real Estate sales in the Eugene and Springfield area continue to slump.  January saw 160 closed Real estate transactions in Lane County and February saw 161 closed sales.  This is an extremely low number in comparison to a normal market.  Just think, there are over 700 Real Estate Agents in the Eugene and Springfield area.  This low number of home sales is putting much more pressure on home prices, so as a result look for home values to continue their decline.

This is not such great news for home sellers, but for home buyers it means that there are some great opportunities in this market.  There are also more Foreclosure properties hitting the market and these also offer some potential for a great deal on a home.  If you would like to receive a weekly list of Foreclosure and Bank Owned homes by e-mail just visit the web site www.eugenebankowned.com.  By registering at this site you will receive a weekly list of the most recent homes to hit the foreclosure list.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-March-2010



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand