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Monday Morning Real Estate Update 7/30/07

by Galand Haas

Galand Haas,

Good Monday Morning!

It looks like a gorgeous week of Summer weather ahead of us! 

As the national Real Estate market continues to wind down, the market here in the Eugene and Springfield area also continues to cool.  At this time, the pace of our slow down does not seem to be as strong as many parts of the country. Inventories of homes for sale and average days on the market in our market continue to be less than many major U.S. Real Estate market areas.  What happens between now and Fall should give us an idea as to where our market will be heading for the next six months.  The opportunity here for home buyers has not been better for years, yet few are taking advantage of the lower home prices, the attractive mortgage interest rates and excellent home inventories.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Monday Morning Real Estate Update 8/13/07

by Galand Haas

Galand Haas,

Good Monday Morning!

The great Summer weather just keeps coming our way.  It has been perfect.  There just is no better place to live than Eugene or Springfield, Oregon.

Troubles with the mortgage industry continue to make home purchases more difficult.  The hardest hit groups are the first time home buyers and the upper end home buyers.  Programs for 100% financing are now very limited and will be difficult for some time.  Rates have jumped on jumbo loans, making it less attractive for upper end home purchases.  These problems with mortgage loans are not going to help an already poor national housing market.

If you are considering a home purchase, you can call me at 541-349-2620.  I do have lenders that we work with who can offer the best loan possibilities in this current volatile market.

Have An Awesome Week!

Monday Morning Real Estate Update 6/28/07

by Galand Haas

Good Monday Morning!

I was great weekend in the Eugene and Springfield area.  Not to hot!  Not too cool! Perfect for Fathers Day!

Nationally the troubled housing market continues to show signs of weakness.  New permits for housing starts hit a 17 year low last month.  This adds validity to the fact that existing new homes just are not moving.  At the same time mortgage interest rates have continued to creep even higher.  If this trend continues look for the overall national market to continue it's downward trend.

Locally, our market continues to hold on.  Watch mortgage interest rates.  The direction of these rates Will determine where our local market heads in the near future.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Monday Morning Real Estate Update 3/12/07

by Galand Haas

Good Monday Morning!

Wow! 75 degrees on Sunday. It was a new record high temperature for that date! Congratulations to the Oregon ducks men's basketball team for winning the Pac 1o tournament and now moving on to the NCAA tournament.

The home sales statistics are in for last month.  There were 558 new homes hitting the market.  This was in comparison to 510 for the same month in 2006.  There were 257 closed sales, which was the exact same number as February of 2006.  The average time on the market increased to 76 days.  This is compared to 55 days during the same month of last year.  The average sales price was $243,700, which is up from $236,600 for February of 2006.

As you can see the largest difference from a year ago is the time it takes a home to sell and the average sales price. So there goes the thought that we have a bad RealEstate market here in the Eugene and Springfield area.

Have An Awesome Week!

 

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Displaying blog entries 41-44 of 44

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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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