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October 2012 Numbers are in!

Monday, November 19, 2012
by Galand Haas
VideoVideo

Good Monday Morning!

The statistics are in for October home sales in the Eugene and Springfield market areas.  It appears that October was yet another month of positive numbers for home sales.  Pending sales for October were up 26.4% over September of this year and were up 12.3%  over October of 2011.

Homes sales in October dropped very slightly from September, but were up 19.2% over October of 2011.

New listings hitting the market were down slightly from September and also from October of last year.  

There is currently 5.5 months of active home inventory.  This number is down substantially from the 7.6 months of inventory that was on the market in October of 2011.  

October's average sales price was at $202,500.  This is in comparison with the $197,000 for October of 2011.

The average time that it took for a home to sell in October was at 119 days.  This compares to 130 days for the same time period in October of 2011.  

With record low mortgage interest rates this current trend may continue for a while.  If the overall economy would improve and mortgage interest rates were to continue, the Real Estate market would most likely continue this upward trend. Time will tell, but for right now the news is  great for the Eugene and Springfield Real Estate market.

 

Video Link: http://eugeneoregonhomesforsale.com/video/IMG-0966-2
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2434 Royalann Ln
Price: $295,000 Beds: 4 Baths: 2 Partial Baths: 1 Sq Ft: 2339
Beautiful home in Cherry Hill Estates. Features gorgeous wood floors and great separation of space. Living room with fireplace, large kitchen with granite counters, eating bar & pantry. Large master suite with walk-in closet plus bonus room! Family ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Is November a good month to list your home?

Monday, November 12, 2012
by Galand Haas

Good Monday Morning!

The inventory of homes listed for sale in the Eugene and Springfield area continues to decline.  Part of this decline is due to seasonal trends.  Each year the inventory of available homes for sale hits the lowest points from November through March.  This year with the existing low housing inventories in combination with seasonal trends, the availability of homes for sale in the Eugene and Springfield area could reach some very low levels.  This also means fewer homes for sale for the many buyers currently looking.  With home prices at low levels due to the downturn in the housing market over the past five years and historic low interest rates home buyers are out there in large numbers right now. The combination of low housing invetories and large numbers of available home buyers has created a seller market. This means more demand, fewer days on the market and potentially higher sales prices.

The common thought has been that it is best to wait until Spring and Summer to place your home on the market for sale.  This can often times mean putting your home on the market when housing inventories are increasing and even peaking.  This would mean more competition and potentially longer times on the market and a lower sales price.  

My suggestion for anyone considering the sale of their home would be to get your home on the market soon and don't wait for the Spring and Summer time periods.  Less competition due to low inventories and existing low mortgage interest rates are creating a strong sellers market right now.  

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING! 

Video Link: http://eugeneoregonhomesforsale.com/video/Eugene-Real-Estate-Update-VRC-2

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1312 Roundup Drive
Price: $350,000 Beds: 5 Baths: 2 Sq Ft: 2854
Huge, updated home with great curb appeal! Large living areas with open floor plan, living room with 2 sets of french doors, additional living room off kitchen and dining area, huge family room with slider to backyard, 5 big bedrooms plus 2 rooms wh...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Opportunities for First Time Home Buyers

Monday, November 5, 2012
by Galand Haas
VideoVideo

Good Monday Morning!

Nothing like some Summer weather in November.  This is a nice experience for the Eugene and Springfield area.  Enjoy it while it is here!

Locally and nationally the first time homebuyer market continues to be the most active part of the Real Estate market.  Homes that are in price ranges that are attractive to first time buyers and that can qualify for the most common types of financing used by first time buyers are clearly the easiest to sell in just about any area.  Both the great affordability of homes at this time and the record setting low mortgage interest rates are driving this market.  A sustained period of heavy demand for homes that qulaify as first time buyer homes will eventually fuel price increases.  If you are a first time buyer and you are sitting on the fence, don't wait.  Opportunities such as we are seeing today don't last forever.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-November-2012
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2160 Wood Duck Way
Price: $525,000 Beds: 4 Baths: 3 Partial Baths: 1 Sq Ft: 4000
Stunning custom home on lake! High ceilings in dining room and living room with fireplace, open family room with fireplace, office, bonus room, laundry with sink and storage. Large master suite with travertine tile and walk-in closet. Gourmet kitche...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Monday Morning Coffee

Monday, October 29, 2012
by Galand Haas

Good Monday Morning!

It appears that on the national front, homes sales took a slight dip in the month of September.  At the same time that homes sales slipped, the average sales price continued to trend upwards.  The inventory of available homes also is continuing to decrease in many of the major national home market areas.  Another interesting fact is that short sales continue to be strong in many market areas and that short sales averaged 13% lower in sales price than conventional sales.

Here in the Eugene and Springfield home market home sales were up and the average sale price was up as well.  As with the national market, the inventory of homes for sale is down. Much of the decrease in inventory could be seasonal.

With the election only a few days away it will be interesting to see how the housing market responds after the election. Consumer confidence certainly continues to be an issue, so any results from this election that boost consumer confidence will certainly have an impact on the housing market both nationally and locally. Consumer confidence that the economy will improve soon will have a huge impact on housing.

Don't forget to vote "YES" on Measure 79 in Oregon.  A "YES" vote stops the state's ability to exercise a Real Estate transfer tax.  The last thing we need in this economy is another tax that will effect the housing market and homeowners.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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28292 Cantrell Rd
Price: $595,000 Beds: 3 Baths: 2 Sq Ft: 2531
Acres of Seclusion & Mountain Views! Wonderful property with pond, gazebo, deck, greenhouse, shop, water feature and lots of storage! Home has an open floor plan, skylights, vaulted ceiling, large windows for amazing views, wood stove, kitchen with ...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The Numbers Are In for September 2012

Monday, October 22, 2012
by Galand Haas

Good Monday Morning!

The numbers are in for Real Estate sales activity in the Eugene and Springfield market area for the month of September 2012.  It appears that the trend of improved homes sales and lower inventories of homes continues.  As you will see, the average sales price is also inching upward.

Homes sales for September 2012 were 17.4% higher than for September of 2011.  This was 303 sales vs 258.  Pending sales were also up for the same period by 9.8%.  New home listings declined in September 2012 in comparison to September 2011 by 7.9%.  The number of months of active inventory of homes for sale stands at 5.7 months.  This means that the Eugene and Springfield Real Estate market continues to favor sellers.  Remember that 6 months of inventory is the dividing point between a buyers and sellers market.  The average sales price is also up and sits at $213,600 in comparison to $208,300 for September of 2011.

Have and Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
2160 Wood Duck Way
Price: $525,000 Beds: 4 Baths: 3 ½ Baths: 1 Sq Ft: 4000
Stunning custom home on lake! High ceilings in dining room and living room with fireplace, open family room with fireplace, office, bonus room, laundry with sink and storage. Large master suite with travertine tile and walk-in closet. Gourmet kitche...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Measure 79 on the Oregon ballot

Monday, October 15, 2012
by Galand Haas

Good Monday Morning!

If you have not already researched Measure 79 on the Oregon ballot, it would be a good idea to do so.  http://www.yesonmeasure79.com/issue.html.  This measure stops the State of Oregon from being able to assess a Real Estate transfer tax on home sales.  A transfer tax is a tax imposed upon homeowners and is assessed at the time of sale.  It is typically calculated as a percentage of the sales price.  Be careful on this one.  A vote in opposition is actually a "YES" vote on the ballot.

Have and Awesome Week!

THIS WEEKS HOT HOME LISTING!

 
 
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5248 G Street
Price: $152,500 Beds: 3 Baths: 2 Sq Ft: 1194
Attractive home with abundant garden! Light and bright home features great room with skylight, vaulted ceiling, dining area with slider plus kitchen with island, eating bar and pantry. Plus laundry area. Master suite with large closet. Through the s...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Monday Morning Coffee

Monday, October 8, 2012
by Galand Haas
VideoVideo

Good Monday Morning!

Our gorgeous Fall weather just keeps coming.  Enjoy the sun while it lasts!

Whenever I find an article or a video piece that I feel is great information I try to include it with this weekly Real Estate update for the Eugene and Springfield area. The video that I have posted this week is an interview by Dr. Joseph Mercola with Dr. Devra Davis, who is an expert on the dangers of cell phone use.  You need to listen to this interview and then pass it on and share it with relatives and friends.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/Dr-Mercola-Interviews-Dr-Devra-Davis-About-the-Dangers-of-Cellphone



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Why now might be the best time to buy a home

Monday, October 1, 2012
by Galand Haas
VideoVideo

Good Monday Morning!

It looks like more gorgeous Fall weather ahead!  We will take all of this kind of weather that we can get.!

THIS IS A MUST WATCH VIEDEO! This video will give you a great perspective on what has taken place with our national Real Estate market.  It also explains where the Real Estate market is heading and give you the reasons why now is the best opportunity to benefit financially by purchasing Real Estate.  In fact, right now may be the best opportunity in the history of our nation to profit from Real Estate.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING! 

Video Link: http://eugeneoregonhomesforsale.com/video/Should-I-buy-Real-Estate-in-October-2012
Image Unavailable
35 Coachman Drive
Price: $185,000 Beds: 3 Baths: 2 Sq Ft: 1536
Delightful home with great updates! Living room with large window, nice kitchen with dining area and bay windows, great family room with high ceiling, extra-large slider, pergo floors, and fireplace. Master suite with double closet, bedroom 2 with s...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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How is the Real Estate market doing?

Monday, September 24, 2012
by Galand Haas

Good Monday Morning!

It was an exciting weekend for college football with both Oregon and Oregon State posting wins over ranked teams and Oregon now climbing to the number 2 spot in the national polls and Oregon State to number 18!

Yes, the national Real Estate market in improving, but is it improving as much and as quickly as it should be. There is significant debate on this subject, but the fact is that overall the housing market is not responding at any kind of rapid pace.  Much of the blame here comes from the fact that mortgage loans are still relatively tough to obtain.  Only buyers with great credit scores get the best rates and many would be buyers are forced to come up with 20% downpayments with few other options.  Current restrictions on lending by the Federal Government have put a strangle hold on sensible lending and this has significantly curtailed home sales with the largest impact being noticed in the arena of new construction.

Strong recoveries from economic slow downs are always lead by housing.  Wouldn't you think that our current administration would be doing all that they can to encourage home sales and new construction rather than imposing regulations that do just the opposite?

Have An Awesome Week!

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56411 McKenzie Hwy, Unit 1
Price: $237,500 Beds: 2 Baths: 1 ∏ Baths: 1 Sq Ft: 891
Wonderful condo on the river! Enjoy the great view of the mountains and trees as you relax in this cozy townhouse-style condo! Cedar cabin with fireplace, loft and large screened-in porch. All furnishings included! Make this yours today!!!...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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The numbers are in!

Monday, September 17, 2012
by Galand Haas

Good Monday Morning!

The numbers are in for August 2012 home sales in the Eugene and Springfield area and they support a continued upswing for our local Real Estate market. 

Home sales for August of 2012 were up by 30% over August of 2011 and up by 13.1% overy July of this year. August home sales at 365 was the best single month for home sales in five years.

There are currently 368 pending home sales and this is up by 9.5% over August of 2011.  This indicates the potential for another strong month of home sales for September.

New home listings were down from July of this year by 13.7% and also down from August of last year by 5.7%.  The combination of stronger home sales and fewer homes coming on the market have lead to a reduction in the months of active home inventory, which now stands at 5.1 months.  This has clearly crossed into the category of a sellers market.  Remember, more than 6 months of inventory is a buyers market and less than 6 months is a sellers market.

The average time it took a home to sell in August of 2012 was 106 days.  This is compared to 135 days for the same time period in 2011.  

The average sales price in the Eugene and Springfield area now stands at $208,600.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTINGS!

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1170 Echo Hollow Rd
Price: $165,000 Beds: 3 Baths: 1 ∏ Baths: 1 Sq Ft: 2112
Tons of ageless and modern charm! Featuring hardwood floors, high ceilings, large windows and nice updates on a well-sized lot. Living room with fireplace, built-ins, family room with double doors, dining room with storage and slider. Large updated ...
Image Unavailable
2434 Royalann Ln
Price: $295,000 Beds: 4 Baths: 2 ∏ Baths: 1 Sq Ft: 2339
Beautiful home in Cherry Hill Estates. Features gorgeous wood floors and great separation of space. Living room with fireplace, large kitchen with granite counters, eating bar & pantry. Large master suite with walk-in closet plus bonus room! Family ...



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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