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Housing Slump Could be Slowing!

Monday, December 6, 2010
by Galand Haas

Good Monday Morning!

It was quite a Civil War football game between the University of Oregon Ducks and the Oregon State Beavers.  The Ducks won this heated contest for the third year in a row and clinched their spot to play in in the National Championship game against Auburn University in Glendale Arizona on January 10.  Congratulations to the University of Oregon football team!

Recently several national indicators are showing that the decline in the housing industry nationally may be slowing.  Several companies that are industry watch dogs have indicated that the light at the end of the tunnel may be nearing.  What we will all need to do is to watch and see if these indicators remain positive and that a positive trend begins to develop.  Locally, the market continues to dip, but remember the Eugene and Springfield area was late to have the negative market take hold.  This could mean that we may stay in the down turn a bit longer than other parts of the country.  Any positive news is good news at this point and we can only hope that the first quarter of 2011 shows continued signs of growth in the housing market.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
29460 Awbrey Lane
Price: $258,000 Beds: 3 Baths: 1 ∏ Baths: 1 Sq Ft: 1845
Seemingly ageless 1910 home that has been completely refurbished featuring an open floor plan w/ gorgeous wood floors, large modern kitchen, formal dining, family room & huge laundry/utility. Upstairs master along with guest beds. Outside offers spa...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

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Winter Preparation

Monday, November 29, 2010
by Galand Haas

Good Monday Morning!

This years Civil War football game takes place this coming Saturday between the University of Oregon Ducks and the Oregon State Beavers in Corvallis.  Never has this game meant more.  A win by the Ducks most likely puts them into the National Championship game and a win by the Beavers makes them bowl eligible.  It should be fun!!!!

Each year I see a large number of home inspections and as a result I also see problems that occur over and over again.  Many of the problems I see can be easily remedied with a little bit of precaution.  One problem that is very frequent in our area is that of moisture under homes.  Our local climate leads to moisture problems under homes and in many cases standing water may exist for parts of the year.  Home inspectors do not want to see any water under under homes, but most builders will disagree with this as long as the home has adequate ventilation underneath. Far too many times I see homeowners who block their foundation vents during the winter months thinking they are saving on heating bills.  This practice is actually very harmful and one that you do not want to do.  Maintaining adequate air flow under your home is extremely important, especially during the wet months of Fall, Winter and Spring.  By blocking air flow you will trap water vapor under the home and make the perfect climate for mold to grow and for dry rot to take hold.  Sealing the crawl space from ventilation can also trap other harmful gases such as radon.  So, if you have been thinking about blocking those foundation vents, think again.  

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
2362 Sony Loop
Price: $219,000 Beds: 3 Baths: 2 Sq Ft: 1557
Immaculate home with fun floor plan in wonderful neighborhood. Featuring a light & bright kitchen with eat bar, open dining area, large vaulted living room with slider to deck & backyard. Each bedroom is nicely sized, fresh paint & great storage. Th...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

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Home Foreclosures Suspended

Monday, November 22, 2010
by Galand Haas

Good Monday Morning!

Congratulations to the Oregon Duck and Oregon State Beaver college football teams for their weekend victories.  Also, the Oregon Ducks are now #2 in the nation in all three polls.  Keep up the good work!

The problems with the nations housing industry just keep coming.  Last week Bank of America gave notice that it was suspending home foreclosures in all 50 states while it investigates problems within.  Now, GMAC and JP Morgan Chase have announced that they also are suspending home foreclosures.  There are now fraud allegations and misconduct involving foreclosures within all of these major lenders.  Short term this may be of some benefit to the housing industry because it freezes foreclosures and will put less pressure on already heavy inventories of homes for sale.  Long term it is a disaster because it will prolong the flushing out of foreclosed properties.  Some experts feel that it could extend our housing industry problems as much as another 2 years.  Any kind of recovery within the housing industry is conditional on the large number of foreclosures passing through the system.  This is also not good news as recovery in the housing industry will lead the way to recovery from our current recession.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
1499 Larkspur Avenue
Price: $180,000 Beds: 3 Baths: 1 ∏ Baths: 1 Sq Ft: 960
Charming, ranch-style home with modern feel and centrally located. Featuring rich hardwood floors, newer roof, countertops and vinyl windows. Other special features include a cozy living rm with wood-burning fireplace, a large bath, laundry area & c...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

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Eugene and Springfield Real Estate market remains tough!

Tuesday, February 2, 2010
by Galand Haas

Good Monday Morning!

 

Congratulations to both the University of Oregon Ducks and the Oregon State University Beavers.  Both teams won their football games on Saturday and will now square off on December 3 to battle each other for the Pac 10 championship and the Rose Bowl game.  It's exciting stuff for the state of Oregon.

The inventory of homes for sale in the sub $250,000 range continues to decline.  This price range is where the buyer activity has been and currently is.  There just are not enough homes in this price range to meet demand at this time.  Many of the homes that are on the market in this price range are also either bank owned properties or with sellers needing to do short sales.  For sellers who have homes in this price range it is good news as the market has changed to being a sellers market in these lower price ranges.

The market remains sluggish over $300,000 and is almost non-existant when you get to the $700,000 range and above.  Don't look for any changes in the upper end housing market soon.  In fact this market will continue to be extremely soft and values may continue to decline for another year or two.  If you are going to need to sell a in the upper end price ranges, you are better off to do it now than to have the false expectation that waiting until Spring may bring a better market and higher sale price for your home.  Just the opposite will most likely be true.  

Remember, if you are interested in knowing your homes current market value you can log onto the web site www.forhomesellers-nonSmartZip.com and get a FREE approximate home value analysis by e-mail.  (Service only good for Lane County, Oregon).

 

Have An Awesome Week!

 

 

THIS WEEKS HOT HOME LISTING!

 

Image Unavailable
39640 DEERHORN RD
Price: $365,000 Beds: 3 Baths: 1 Sq Ft: 1652
Classy country home on acreage with park-like setting in the Mckenzie River Valley featuring hardwood floors, spacious living room with fireplace, large dining room & kitchen with laundry access. Large bedrooms & lots of storage. Master bed includes...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

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Eugene and Springfield Real Estate market remains tough!

Tuesday, February 2, 2010
by Galand Haas

Good Monday Morning!

 

Congratulations to both the University of Oregon Ducks and the Oregon State University Beavers.  Both teams won their football games on Saturday and will now square off on December 3 to battle each other for the Pac 10 championship and the Rose Bowl game.  It's exciting stuff for the state of Oregon.

The inventory of homes for sale in the sub $250,000 range continues to decline.  This price range is where the buyer activity has been and currently is.  There just are not enough homes in this price range to meet demand at this time.  Many of the homes that are on the market in this price range are also either bank owned properties or with sellers needing to do short sales.  For sellers who have homes in this price range it is good news as the market has changed to being a sellers market in these lower price ranges.

The market remains sluggish over $300,000 and is almost non-existant when you get to the $700,000 range and above.  Don't look for any changes in the upper end housing market soon.  In fact this market will continue to be extremely soft and values may continue to decline for another year or two.  If you are going to need to sell a in the upper end price ranges, you are better off to do it now than to have the false expectation that waiting until Spring may bring a better market and higher sale price for your home.  Just the opposite will most likely be true.  

Remember, if you are interested in knowing your homes current market value you can log onto the web site www.forhomesellers-nonSmartZip.com and get a FREE approximate home value analysis by e-mail.  (Service only good for Lane County, Oregon).

 

Have An Awesome Week!

 

 

THIS WEEKS HOT HOME LISTING!

 

Image Unavailable
39640 DEERHORN RD
Price: $365,000 Beds: 3 Baths: 1 Sq Ft: 1652
Classy country home on acreage with park-like setting in the Mckenzie River Valley featuring hardwood floors, spacious living room with fireplace, large dining room & kitchen with laundry access. Large bedrooms & lots of storage. Master bed includes...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Stationery Footer
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Home Inventories Decline

Sunday, January 24, 2010
by Galand Haas

Good Monday Morning!

 

Congratulations to both the University of Oregon Ducks and the Oregon State University Beavers.  Both teams won their football games on Saturday and will now square off on December 3 to battle each other for the Pac 10 championship and the Rose Bowl game.  It's exciting stuff for the state of Oregon.

The inventory of homes for sale in the sub $250,000 range continues to decline.  This price range is where the buyer activity has been and currently is.  There just are not enough homes in this price range to meet demand at this time.  Many of the homes that are on the market in this price range are also either bank owned properties or with sellers needing to do short sales.  For sellers who have homes in this price range it is good news as the market has changed to being a sellers market in these lower price ranges.

The market remains sluggish over $300,000 and is almost non-existant when you get to the $700,000 range and above.  Don't look for any changes in the upper end housing market soon.  In fact this market will continue to be extremely soft and values may continue to decline for another year or two.  If you are going to need to sell a in the upper end price ranges, you are better off to do it now than to have the false expectation that waiting until Spring may bring a better market and higher sale price for your home.  Just the opposite will most likely be true.  

Remember, if you are interested in knowing your homes current market value you can log onto the web site www.forhomesellers-nonSmartZip.com and get a FREE approximate home value analysis by e-mail.  (Service only good for Lane County, Oregon).

 

Have An Awesome Week!

 

 

THIS WEEKS HOT HOME LISTING!

 

Image Unavailable
39640 DEERHORN RD
Price: $365,000 Beds: 3 Baths: 1 Sq Ft: 1652
Classy country home on acreage with park-like setting in the Mckenzie River Valley featuring hardwood floors, spacious living room with fireplace, large dining room & kitchen with laundry access. Large bedrooms & lots of storage. Master bed includes...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Stationery Footer
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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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