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Mobile Home Search Made Easy

by Galand Haas

Good Monday Morning!


In a recent study, the National Association of Realtors determined that over 85% of all online home searches are now done from a mobile device.  This means that most interested home buyers are shopping online from their smart phones, tablets, etc.  The problem that most mobile home shoppers find is that the site they are searching with their mobile device is not optimized for a mobile application.  This means that the home search site is set up for viewing from a PC and does not fit the mobile platform.  The result of this is an awkward and cumbersome page that is hard to use.  Typically, these sites will have distorted sized properties and you will have to scroll all over the place just to get a look.  If you have been on one of these non-mobile friendly home search sites, I am sure that you can relate to what I am talking about.


If you are doing a home search in the Eugene and Springfield market area, there is a solution.  There now is a great new mobile enabled home seach site that will make your home search from any mobile device easy and without the typical frustrations.  This site is www.eughomes.info.  There is no app to download, just type the site into your mobil browser and you are ready to go.


Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

 


 

3097 SUMMIT SKY BLVD
 

Price: $750,000     Beds: 4     Baths: 3     Half Baths: 1      Sq Ft: 4338

Elegant upper end home on 1.06 acres in SW Hills! Maple hardwood flrs, granite, travertine, 3 suites, 2 fireplaces, 2 balconies, family rm, library/office, formal dining, bonus rm, media rm. Gourmet kitchen with cherry cabs, wine fridge, dbl ovens,...
View this property >>


AND HERE'S YOUR MONDAY MORNING COFFEE!!

2014 Homebuyer Survey Contains Valuable Information

by Galand Haas

Well another year has come and gone. As we near the end of 2014, it is a good idea to reflect on the progress we have made in our own lives over the past year. Hopefully, some of you achieved the goals you set for yourselves at the beginning of 2014. And as we look ahead to the new year, it is time to set new goals for ourselves based on our progress this year.

The 2014 real estate market has seen declines and increases with regard to past years, has continued some trends and is changing with the times. As the internet becomes easier to access with mobile devices, it is safe to say the internet is leading the way in the home buying search process. Read the following article from RealtyTimes to find out the results of the 2014 home buyer and seller survey. 

One of the most useful research projects of the National Association of REALTORS®(NAR) is the annual survey of homebuyers and sellers. It is particularly useful because it shows sellers and their agents what works and what sources buyers use to find their new homes.

The most recent version (2014 Profile of Home Buyers and Sellers) became available in November of this year. The information is based on answers to a 127-question survey mailed to a random sample of 72,206 consumers who purchased a home between July 2013 and June 2014. (Names and addresses were provided by Experian, a company that maintains an extensive database of recent homebuyers that is derived from county records.) After accounting for undeliverable surveys, there was a 9.4 percent response rate.

 


In 2014, first-time homebuyers constituted 33 percent of the market. This reflects a steady drop since 2010, and in fact is the lowest figure in more than a decade. Even with interest rates at record lows, the first-time buyer market is still quite weak. The tightening of lending standards is no doubt a major factor. Moreover, the widespread prevalence of student loan debt, combined with an economy that still remains uncertain for many in this cohort, has taken a toll.

 


The most useful information for sellers and their agents is to be found in the section on the home search process. While the survey results are not significantly different from those of recent years, the trends continue. For example, this year 74 percent of buyers said that they used the internet frequently during the search process. In 2003 that number was only 42%. This past year 34% of buyers said that they frequently used a mobile or tablet application. That is a newer and growing phenomenon. 63% of buyers said that they frequently relied on a real estate agent for information.

 


Forty-three percent of buyers went to the internet as the first step in the home search process. 15% contacted a real estate agent first, and 6% began by driving through neighborhoods looking for homes for sale. 12% first went online to find out about the process.

 

 

 


Buyers use multiple sources of information in the process of looking for a home. Far and away the most used sources are on-line websites (88%) and real estate agents (87%). Mobile or tablet applications (50%) have replaced yard signs as the third most used source of information. Still though, 48% of buyers indicate that yard signs are one of their sources of information. Only 21% of buyers indicate that they used newspaper ads as an information source. A mere 4% garnered information from television.


While there are a lot of intriguing data about the sources of information used by prospective homebuyers, certainly the most relevant has to do with where they actually found the home that they ultimately purchased. This year the information source that was highest in that category (43%) was the internet. Agents are second at 33%. Note that this is not to say that buyers bought their home through the internet. The typical scenario would be that a consumer sees the home on the internet, and then contacts his or her agent. 90% of those who used the internet to search purchased their home through an agent.


The differences in a little more than a decade are fascinating. In 2001, 48 percent of buyers learned about their home through a real estate agent, and only 8 percent found their home on the internet. The times they have changed.

Some things, though, remain persistently the same -- or close to it. In 2001, a yard sign was the third most likely source of information leading to the home that was purchased (15%). And this year? It is still the third leading source at 9%, but this is now the second time in the survey history that it has been lower than double digits. Print media may not be dead, but it has shrunk to insignificance in this arena. In 2001, 7% of homebuyers found the home they ultimately purchased through a newspaper ad; in 2014, it was only 1%. Fewer than 1% found their home through a home book or magazine.

Hope you all have a very Happy New Year!

Article originally posted on RealtyTimes

Bright Spot In Local Housiong Market

by Galand Haas

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!

Image Unavailable

79300 TREE TOP DR, Cottage Grove, Oregon

Price: $595,000.00

Beds: 4

Baths: 3

Sq Ft: 3073

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 ....

View this property >>



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Monday Morning Real Estate Update 4/21/08

by Galand Haas

Good Monday Morning!

Snow on the ground in the Eugene and Springfield area in mid-April?  Wow!!!!

The month of March Real Estate statistics are out and it is clear that the market here continues it's downward trend.  Average days on the market are currently at 90 days, this compares to 78 days for March of 2007.  The biggest change is the number of closed home sales.  Closed home sales were down by 29.1% and pending sales by 28.7% from March of last year.  There was 10 months of active inventory on the market for March of this year.  This compares to 3.8 months of inventory in March of 2006 and 5.6 months of inventory in March of last year. 

Mortgage interest rates remain extremely favorable with 30 year fixed loans at around the 5 3/4% mark.  What a great time to be a home buyer!

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Displaying blog entries 11-14 of 14

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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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