Bright Spot In Local Housiong Market
Good Monday Morning!
There are some bright things taking place if you are a Home Buyer or Seller in the Eugene and Springfield area. There is now an $8,000 tax credit for first time Homebuyers that will go a long ways towards getting people into their first home. This is good news as mortgage interest rates also continue to be very low and may dip even further in the weeks ahead.. Another situation that will benefit both Homebuyers and Sellers is that the FHA price range is going to revert back to $313,000 in Lane county.. This is will help sellers because the cap had been reduced to $278,000. This will open up a price range for FHA financing that has been unavailable.
Overall activity on home purchases in our area has picked up significantly over the past weeks. Great prices on exiting home inventory with the attractive financing available is having a large impact on our local market. Look for our market to heat up even further if mortgage rates take anohter drop.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
|
|
79300 TREE TOP DR, Cottage Grove, Oregon
Description: Beautiful home, only 5 minutes from the freeway, with fantastic views of valley, mountains and woods. Gorgeous wood-floor entrance to carpeted living room and upper level. The living room feature .... |
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
