Monday Morning Real Estate Update 9/24/07
Good Monday Morning!
It was certainly a gorgeous weekend to kick off Fall with. It looks like there is more great weather on it's way.
With the Fed reducing short term rates by 1/2 of a point last week, consumer confidence seems to be rebounding. The Fed decision had little immediate impact upon mortgage interest rates. The good news is that we should see rates hold tight or possibly drop over the next several weeks. The housing market in the Eugene and Springfield area remains extremely favorable for home buyers. The buyer opportunities are better today than at anytime in years. If you are thinking about purchasing a home, don't wait and miss the large inventory of homes to look at, the soft pricing and the great mortgage interest rates. There is also a good inventory on new homes out there right now, so builders are certainly more motivated than they have been for some time.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
