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Home Values in 2013 and heading into 2014

Monday, December 9, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

Both nationally and locally home values are well above where they were during 2012.  Even with home values slipping slightly over the past couple of months, nationally they remain at about 13% higher than 2012. At this time it is really hard to predict where home values will go in 2014.  There are so many variables that come into play including the economy and mortgage interest rates.  Without radical changes with the economy my instincts tell me that 2014 will most likely see a leveling off of the Real Estate market with home values holding tight.  Time will tell!

With the recent changes in home values, most home owners would like to be able to keep in touch with what their home current home value looks like. This is now an easy process because of a new automated web site that will give you an instant look at your homes approximate market value and also then give you a monthly update.  This webs site is www.forhomesellers-nonSmartZip.com.  This is an automated site, so remember that the values are approximate only, but it should give you a good idea as to what is happening with your homes value over time.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-December-2013
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89025 SKY HIGH DR
Price: $895,000 Beds: 2 Baths: 3 Sq Ft: 2850
Beautiful Sanctuary with Pristine Views! In a gated community offering privacy &, this 30 acre property is one of a kind! Open floor plan, walls of windows, granite counters, tile flrs, high ceilings, gourmet kitchen, office & bonus/craft rm. Magnif...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Home Seller: Christmas and Holiday decor

Monday, December 2, 2013
by Galand Haas

Good Monday Morning!

Now that Thanksginving 2013 has passed us by, it is time for most of us to begin focusing on Christmas.  Along with this comes the Christmas and Holiday decor.  I am often asked by those with homes on the market as to how far they should go with decorating for Christmas.  My thoughts have always been to decorate just as you always have.  Exterior lights and decor along with interior decorations and a tree really enhance the appearance of most homes and truly add to the magic of the season. I think that Christmas decor can add to the feeling that one might have when visiting the home and actually help with the process of the potential buyer having a vison of living in the home.

One important tip is to make sure that all of your Christmas and Holiday decor is removed right after New Years.  Lingering decor after the Holiday season can be a negative for most potential home buyers.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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24993 CHERRY CREEK RD
Price: $150,000 Beds: 2 Baths: 1 Sq Ft: 840
Very nice property on 7.23 acres. Well and septic in buildable site. Pasture, creek, 28 x 20 garage/shop/stable. Great horse property, mostly pasture....



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Happy Thanksgiving!

Monday, November 25, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

Every now and then I run across something that just makes me feel good!  This video is one of those really feel good things that will lift your spirits.  With all of the negative that we are bombarded with, this video proves that there is still a great deal of positive out there in this world and lots to be thankful for.  ENJOY!

HAPPY THANKSGIVING!

Video Link: http://eugeneoregonhomesforsale.com/video/On-the-Road-Middle-school-football-players-execute-life-changing-play



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The Numbers are in: October 2013

Monday, November 18, 2013
by Galand Haas

October continued seeing seasonal cooling to real estate activity in Lane County, but the numbers are strong when compared to last October. New listings (370) decreased 5.4% from the 391 in September, but show an increase of 14.2% compared to the 324 listings from October 2012. Similarly, closed sales (303) dropped when compared to the 354 in September, but have increased 6.3% over the 285 closings from last October. Accepted offers, at 295, are down 5.1% when compared to September’s 311, but also down 9.5% compared to the 326 from October 2012.

Total market time increased by a week to 104 days in October, and inventory increased to 5.2 months.

Year-to-Date Summary

The 5,104 new listings represent a 16.0% increase over the 4,401 entered

in the first ten months of 2012. There have been 3,383 pending and 3,264 closed sales through October 2013, up 14.3% and 17.5%, respectively, from 2,960 pendings and 2,778 closed sales by October 2012.

Average and Median Sale Prices

The average price through October is $227,000, up 13.1% from this time in 2012, when the average was $200,700. In the same comparison, the median price increased 14.1% from $177,000 last year to $202,000 this year. 

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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88604 Ermi Bee Rd
Price: $499,000 Beds: 4 Baths: 3 Sq Ft: 3376
Wonderful Wooded Retreat! Surrounded by nature, this secluded 5 acre property offers lots of space and options! Granite, tile, skylights, vaulted ceiling, 4 decks, 3 sliders, beautifully landscaped grounds with water feature and pond, walking trails...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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One of the biggest obstacles to selling a home these days.

Monday, November 11, 2013
by Galand Haas

Good Monday Morning!

As much as the market has been straining to break out of the recent recession and regain lost property values, one component of the market has been acting as an anchor, holding back or at least significantly slowing the positive progress.  That component is the dreaded appraisal.  I say dreaded, because it has become the biggest obstacle to sales these days.  The house can be in move-in ready condition with a clean bill of health from the home inspection and still have the sale ruined by a low appraisal.  That’s happening a lot these days.  Why is that?

One of the constant battles that go on in the real estate market is that between the Realtors involved in listing the houses and the appraisers over what the market value of the house should be.  Appraisals can be the cold splash of reality in the face for many sellers.  Appraisals take all of the emotion out of the process of putting a market value on your property.  The battle over market value is one that is likely to continue forever, just due to the different natures of the two sides in this argument.

During this current market it is really a great idea to listen to your Real Estate agent about pricing.  If your home is priced correctly with the comparable properties that your agent finds, then the chances for a low appraisal are minimal.  

If you would like to get an idea as to what your Eugene and Springfield area homes current market value is online, it is as easy as logging onto www.forhomesellers-nonSmartZip.com

Have and Awesome Week!

THIS WEEKS HOT HOME LISTING!

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24155 Hewett Rd
Price: $850,000 Beds: 3 Baths: 3 Sq Ft: 3154
Equestrian Oasis! Over 20ac of private & serene views, 2 pastures, 6-stall barn with tack rm, office, wash rack, indoor riding arena, loft, storage, shop, full bath & laundry. Custom home w/ vaulted 22’ glass prow front, great rm, 9 skylights,...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Home Seller: Why Fall and Winter can be the best time to sell your home.

Monday, November 4, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

The trend has always been that most sellers place their homes on the market in the Spring thinking that the Spring and Summer months are the best time to sell.  The truth is that this is not always the case.  Spring and Summer will typically see the highest number of homes on the market for sale.  In the Eugene and Springfield area, Spring and Summer months are also busy because of the great weather.  This is a time for vacations and other activities and many would be buyers are occupied.  By contrast, the Fall and Winter months have a low inventory of homes for sale which means less competition and many years the buyers are out in force.  With lower competition buyers have fewer homes to choose from and many years we find that we sell the homes that we have on the market in less time and for more money during a time that most people feel is the off season for home sales.

If you are thinking about selling your home, you may be better of not to wait for the sun and the long days to return.  If you would like a complete assessment of your homes value, saleability and a look at when the best time to sell might be, contact me.  A no obligation 20 minute visit might help you make the best decision as to when you should sell your home.

THIS WEEKS HOT HOME LISTING!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-November-2013
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325 22nd Street
Price: $205,000 Beds: 3 Baths: 2 Sq Ft: 1578
Wonderful Updates and Features! Adorable home updated from floor to ceiling, laminate wood floors, tile shower with body jets, large master suite upstairs. Living room with fireplace, updated kitchen with dining area and slider. Attached 1-car garag...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Home Sellers: Pricing Is Everything

Monday, October 28, 2013
by Galand Haas

Good Monday Morning!

Are you thinking about selling your home or do you currently have a home on the market?  Either way, selling a home can be a challenge if you are not priced with the current market.  History has certainly shown us that homes that are over priced rarely sell.  These are the homes that you watch in your neighborhood that have that for sale sign up forever.  Typically, this is also the property that burns through several different agents.  Not only is the sign up for a long time, but it changes frequently with different companies and agents.  We have all seen this.  If you are selling your home, or thinking of selling your home, this is not the house you want to be. Nine times out of ten there is one reason for a home like this to not sell.  It's the fact that the price is too high!  By pricing above the market sellers not only miss the market, but they turn off potential buyers and the longer the home sits without selling the harder it becomes for that home to sell.  The home becomes "shop warn" and buyers immediately think that there is something wrong with the home.  Over pricing costs home sellers more money than any other mistake.

When you place a home on the market it is essential that you get a solid market evaluation from a top Real Estate agent who know your market area well.  This will get you started on the right track.  When your home hits the market you will also need to listen to the market.  Your agent will need to have a follow up system that tracks all showings and obtains feedback.  This way, in the event that your home is not receiving strong interest or offers you will begin to have a track record of why buyers are not interested.  Again, nine times out of ten the reason is price.  The feedback will then show you where buyers are perceiving your home value to be and in the case where you are priced slightly above the market you will now know at what value the market is going to accept your home.

"Why don't they just make offers"?  I have heard this from sellers during the 25 years I have been in the Real Estate business.  Here is the reason that buyers don't make offers on over priced listings.  Buyers are comparison shoppers and if they are finding other homes on the market that are maybe newer, larger, better location, better amenities, more updated and priced lower than yours then your over priced home is helping buyers make the decison to purchase competing homes.  Why would a potential home buyer make an offer on your home if it was the least desireable of the homes the buyer is looking at.  Pricing is everything when it comes to sellig your home!

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING! 

 
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2750 Grand Cayman Dr
Price: $440,000 Beds: 3 Baths: 2 ½ Baths: 1 Sq Ft: 3068
Gorgeous Home with Lots of Options! High ceilings, recessed lighting, lots of storage throughout, bonus room, office, library, formal dining room, plus well-sized laundry/mud room. Great room with living room, fireplace, built-ins, kitchen with larg...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The Numbers are in: September 2013

Monday, October 21, 2013
by Galand Haas

Good Monday Morning!

September brought seasonal cooling to real estate activity in Lane County, but all measures were up over the comparable month in 2012. Pending sales, at 311, decreased 15.7% compared to August, but are 20.5% higher than September 2012. It was also the strongest September for pending sales since 2009, when there were 357. Closed sales (354) bested last September (303) by 16.8% but cooled from the 408 posted the previous month. Similarly, the 391 new listings decreased 33.8% from August’s 591, but showed a 15.0% increase over the 340 new listings from September 2012.

Inventory increased slightly in September to 4.7 months. We still reamin in a sellers market.

Year-to-Date Summary

The 4,721 new listings represent a 16.0% increase over the 4,069 entered

in the first nine months of 2012. There have been 3,121 pending and 2,951 closed sales through September 2013, up 17.4% and 19.1%, respectively, from 2,658 pendings and 2,477 closed sales by September 2012.

Average and Median Sale Prices

The average price through September is $228,000, up 13.7% from this time in 2012, when the average was $200,600. In the same comparison, the median price increased 15.0% from $176,500 last year to $203,000 this year. 

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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4056 Camellia St
Price: $204,000 Beds: 4 Baths: 3 Sq Ft: 1560
Unexpected and Delightful Attributes! Features oak, birch and bamboo wood floors, tile floors in kitchen, bonus room, workbench in garage, tool shed plus an outbuilding. Living room with fireplace & window seat, opens to dining area w/ access to bac...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Home Sellers: Important Decisions To Consider Before Listing Your House For Sale

Monday, October 14, 2013
by Galand Haas

Good Monday Morning!

If you're thinking about selling your home soon, one of the most important decisions that you'll need to make is your asking price when you list. There are a few factors that come into play when making this decision and your real estate agent is your best resource for navigating that unfamiliar terrain.

Your agent should be able to provide you with comparable recent sales in your area, more commonly referred to as "comps". These comparative properties should be similar to your home in size, condition, updates, and amenities. Your agent will know which features make your home stand out from the crowd and will be able to take these into consideration when sizing up your home against other properties in the area.

Another factor to consider is the current state of the real estate market where you live. Market conditions take into account how much inventory is on the market, current interest rates, and the economy in general. If it's a seller's market in your area due to low inventory, you might be able to ask for a little more than if there is a glut of homes on the market. Buyers can't afford to make lowball offers when there is a chance they'll be rejected out of hand and another property might be hard to come by.

If you would like to obtain a look at your Eugene and Springfield areas current home value it is as easy as going to www.forhomesellers-nonSmartZip.com.  Just enter in your homes address and you will instantly see a current look at your homes value.

Have An Awesome Weeks!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
5623 Austin Way
Price: $235,000 Beds: 4 Baths: 2 ½ Baths: 1 Sq Ft: 2190
Beautiful Like-New Home! Wonderful home features tile entry, great room, lots of storage, and spacious bedrooms. Kitchen with pantry opens up to dining area with slider and family room. Living room with storage under stairs. Master suite with double...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Mortgage Rates: Last Chance for these Super Low Mortgage Rates?

Monday, October 7, 2013
by Galand Haas
VideoVideo

Good Monday Morning!

With mortgage interest rates declining again, the interest of first time home buyers is picking up. Could this be the last chance for these super low mortgage rates?  It's hard to say, but we all know that at some point, rates will take a permanent jump and we may never see them at the levels we have experienced over the last year again in our lifetime.  

If you are a first time home buyer the opportunity to purchase a home may never be more attractive.  The current low mortgage rates coupled with attractive home prices provides a great opportunity.  Now, it even gets better because there are some new conventional loan programs that compete with FHA and other governement sponsored loan programs.  The good news here is that with conventional financing you don't have to pay mortgage insurance for the duration of the loan.  This may save you thousands of dollars.

If you are thinking about the purchase of your first home, get in touch.  We would love to meet with you and go over the home purchase process, give you some information on loan programs and see how much home you might be able to purchase in this market.  Like many others we have worked with, you might be pleasantly surprised.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-October-2013
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2647 Moon Mountain Dr
Price: $335,000 Beds: 3 Baths: 2 Partial Baths: 1 Sq Ft: 2061
Lovely Home in Fantastic Location! Only 8 minutes from downtown with country-like setting! Located 5 mins from U of O, less than 10 mins from LCC, and neighborhood park one block away! Hardwood floors, ash cabinets, vinyl windows, classic front porc...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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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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