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Local Unemployment Concerns

Saturday, March 21, 2009
by Galand Haas

Good Monday Morning!

There is great concern over rising unemployment and the continued economic slowdown.  This concern is certainly justified and we are all impacted by this either directly or indirectly.  From this economic situation we are seeing some things that are good.  Prices on most consumer products are dropping, there have never been so many sales and even gas prices have come down substantailly.  Home prices have lead the way in reduced costs and we are now seeing the prices of homes roll back to where they were 4-5 years ago in many cases.  Lower home values means opportunity and for those who may be in a position to purchase a home whether it is for a primary residence or for investment, there really has never been a better time to do so.  Obtaining mortgage loans can be more challenging than in the past, but rates remain extremely attractive. 

Many ask me whether we have hit bottom in this market yet.  My standard answer is that I just don't know.  My guess is that we are close.  Reality is that we will never know when we hit bottom until the market swings the other direction.  For that reason it makes sense to take action soon if you are considering a home purchase.

THIS WEEKS HOT HOME LISTING!

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547 Collier, Springfield, Oregon

Price: $600,000.00

Beds: 3

Baths: 3.5

Sq Ft: 2944

Description: This very elegant 1-level home is situated on a quite lot with a beautiful view from several patios of the mountains and valleys. It features a beauifully living room with a vaulted ceiling, fireplace ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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December 2008 Real Estate Trends

Friday, March 20, 2009
by Galand Haas

Good Monday Morning!

The sunshine was a welcome site over the weekend.  Cold mornings and warm afternoons are very enjoyable this time of year!

The month of December 2008 Real Estate market statistics are in for the Eugene and Springfield area.  As expected the numbers show a continuation of the decline in our local housing market.  Average time on the market for single family homes was 126 days and the median home price dipped to $200,000, which was down from $225,600 in December of 07.  There was 10.7 months of active home inventory, which means at the current rate of sales it would take this many months for the inventory to sell if no new homes hit the market.  Overall home sales were down by 28.9% from December of 07 and the overall gross home sales volume for 08 was $740 million in comparison with $1.1 billion in 07.

For home buyers this is the perfect market with mortgage interest rates remaining under 5% for 30 year fixed conventional loans.

THIS WEEKS HOT HOME LISTING!

 

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4848 Camellia, Springfield, Oregon

Price: $165,000.00

Beds: 3

Baths: 2

Sq Ft: 1212

Description: Charming 1-level home with spacious backyard in quiet location. The home features a living room with wall-to-wall carpet and bay window, a large famiy room with stone fireplace and a kitchen with a br ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Are you being forclosed on? Read this for help

Tuesday, January 13, 2009
by Galand Haas

One of the tragedies of our current economic times is that there are many home owners who are finding themselves in a situation where they are facing forclosure or potential forclosure on their residence.  There are also many homeowners who are not able to afford their home payments due to a variety of causes and who cannot sell because they owe more money on their home than what the homes current value is.

Trying to find assistance that is reliable can be difficult and confusing.  The truth is that there are options and there is help available for many homeowners who find themselves in a bad situation.  If you know of anyone who may be facing forclosure or who is struggling with making their monthly house payment, please have them log onto the website www.shortsaleeugene.com  There is help available and it can make a significant difference if they get the straight scoop in regards to their options.

THIS WEEKS HOT HOME LISTING!

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3435 Meadow View Drive, Eugene, Oregon

Price: $450,000.00

Beds: 3

Baths: 2.5

Sq Ft: 2449

Description: Beautiful upscale home with travertine & granite tile, spacious kitchen with stainless steel appliances, walk-in pantry and large living room with gas fireplace. The master suite is on the main le ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

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Opportunities to purchase homes are plentiful

Tuesday, January 13, 2009
by Galand Haas

The Holidays have come and gone again.  It's hard to believe that we are already back to the routine in a New Year.  I certainly wish you all of the best in the months ahead.

One thing that I have noticed over the past several months is the fact that people seem to be frozen in place.  There are so many great opportunities out there right now from the stock market to Real Estate.  Media hype over the poor economy and bad Real Estate market have created a situation where everyone is afraid to act.  There are investment opportunities today that we may never see again in our lifetime.  People were standing in line to purchase Real Estate when the market was peaking and prices were inflated well above reasonable values. Now that the market reflects values that are well below those levels at the top, few people are interested.  To sweeten the pot, mortgage interest rates are now at historic lows as well.  If you are considering making a change from a large home to a smaller home, if you need more room and a larger home or if you are a first time home buyer, this is a wonderful time to take action.  If you would like to see how this market can be an opportunity for you, get in touch and I can do an easy overview of what you would like to accomplish and see if this just might be the perfect time for you to think about a home sale or purchase. Don't let this market and the opportunities it brings slip away.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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607 STARTOUCH DR, Eugene, Oregon

Price: $315,000.00

Beds: 3

Baths: 3

Sq Ft: 2120

Description: Stately home tucked in the Southwest hills of Eugene featuring a wrap-around deck, vaulted ceilings, two fireplaces, fantastic family room and bath, and a 2-car garage with lots of storage. The master ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

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Eugene Oregon Mortgage rates decline

Tuesday, January 13, 2009
by Galand Haas

What a wild couple of weeks we have had had with weather!  It's just Winter in Western Oregon at it's best.

Mortgage loan rates continue to decline as we move into the new year.  This is more good news for anyone thinking of purchasing a home and great news if you are in a situation with an existing mortgage of 5.75% or higher.  For a home purchase or re-finance the conditions are ideal and may continue to be outstanding for a few more weeks.  Don't fail to miss this opportunity.  If you need help with mortgage loan information, please contact me and I can provide a list of very compertitive mortgage professionals in our area.

If you are considering the purchase of a home we have a complete list of bank owned homes, short sale homes and some extremely well priced homes that will give you the opportunity to make purchase deals that don't come along very often.  Please get in touch for further information.

HAPPY NEW YEARS!

 

THIS WEEKS HOT HOME LISTING!

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420 Broadway, Springfield, Oregon

Price: $220,000.00

Beds: 3

Baths: 1.5

Sq Ft: 1438

Description: This charming home has lots of options. It features a wrap-around, covered front porch, gas-ready fireplace, wall-to-wall carpet, spacious master suite with walk-in closet, lots of kitchen storage, fu ....

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Sincerely,
Galand


Galand Haas, Keller Williams Realty
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Focus on the positives in your life

Tuesday, January 13, 2009
by Galand Haas

With all the economic turmoil and up and down markets, etc. we sometimes tend to focus too much on what we are surrounded by and exposed to everyday.  This week try to take your focus from the negative world that surrounds us and focus on the positive things in your life.  A good way to start on this is to think of about all of your blessings and focus on what you have in your life to be thankful for.  Most of us are focused on the daily grind and influenced significantly by the world around us.  Being thankful is one step towards having a more positive life.  Being thankful is a good habit to begin!

HAPPY THANKSGIVING!

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Eugene and Springfield Real Estate Report 11/10/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

Wow, there was lots of rain and wind over the weekend with more on it's way.  One thing for sure is that our leaves are really coming down right now.  It's truly Western Oregon Fall weather time.

The election is over and now we finally have some relief from the hundreds of campaign ads we were seeing every day.  Whether or not we now begin to expereince the same kind of relief with the national housing market is yet to be seen.  The one thing that I can tell you though is that whether you are an investor in the stock market or the housing market, there are investment opportunities available right now that only come about once in a generation.  Many fortunes are made in markets just like the one we are expereicning today.  Our choice is to quietly watch or participate.

Have An Awesome Week!

THIS WEEKS HOT LISTINGS!

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4848 Camellia, Springfield, Oregon

Price: $180,000.00

Beds: 3

Baths: 2

Sq Ft: 1212

Description: Charming 1-level home with spacious backyard in quiet location. The home features a living room with wall-to-wall carpet and bay window, a large famiy room with stone fireplace and a kitchen with a br ....

View this property >>

 

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6156 Graystone Loop, Springfield, Oregon

Price: $669,000.00

Beds: 4

Baths: 2.5

Sq Ft: 3665

Description: High end amenities throughout, slate, natural stone, antiqued granite, custom cabs, hickory floors, natural gas appli's. Main level master, vaulted great room. Bonus on upper. Professional landscaping ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Area Real Estate Update 10/22/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

There is nothing better than the gorgeous Fall we are having this year in the Eugene and Springfield area.  There is more good weather on it's way!

As the economy becomes one of the most important issues for the political candidates right now, it also in very much on the minds of every citizen in this country.  Sometimes our worries over the economy can become our worst enemy.  This is evident by the fact that there are so many extremely good home purchase opportunities and few people are taking advantage of them.  This is a good time to think outside the box and not follow the crowd.  If you are looking for good investement opportunities keep a close watch on the Real Estate market in our area.  We are finding many very attractive home purchase situations right now. If you are a move up buyer, there will not be a better opportunity to take advantage of the market and benefit from what could be a once in a lifetime market condition.

Have An Awesome Week!

THIS WEEKS HOT LISTINGS!

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3690 River Pointe Drive, Eugene, Oregon

Price: $550,000.00

Beds: 3

Baths: 2.5

Sq Ft: 2976

Description: This is an absolutely beautiful home with a fantastic floor plan and very large backyard. It features wood floors, wall-to-wall carpet, skylights, canned lights, granite counters, stainless steel appl ....

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6093 Graystone Loop, Springfield, Oregon

Price: $669,000.00

Beds: 4

Baths: 3.5

Sq Ft: 2479

Description: This gorgeous, 2-story, 4-bedroom, 3.5-bath, 3-car garage, home has an amazing view of the mountains and valley. It is set in a quiet location with a fenced backyard and 2 decks! It has a speciou ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Eugene and Springfield Real Estate Update 10/19/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

The stock market remains on a roller coaster and economic confusion grips the nation.  With all of this there is a silver lining.  The Real Estate market for home buyers is doing nothing but becoming more attractive.  I am starting to find some extraordinary home deals for our buyers. If you are thinking about a home purchase, please get in touch and we can give you some information on how you can take advantage of the great home purchase opportunities that exist right now.

Have An Awesome Week!

 

THIS WEEKS HOT LISTING!

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1616 Kellog Road, Springfield, Oregon

Price: $255,000.00

Beds: 4

Baths: 4

Sq Ft: 2550

Description: This very welcoming 2-story family home has 4 bedrooms and lots of options. 2 additional rooms could  even make this into 6 bedrooms. Home has two master suites on each level with private baths. ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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Eugene Real Estate news 10/15/08

Monday, November 10, 2008
by Galand Haas

Good Monday Morning!

Snow in the mountains and cool nights along with the changing colors of the trees means that Fall has arrived in full swing in the Eugene and Springfield area.

Last weeks sharp decline with the stock market has everyone in this country wondering where we are headed financially.  This lack of confidence is certainly spilling over into the Real Estate market.  This is something that our already deflated national housing market does not need.

There could be a silver lining. Look for the Fed to continue it's drop in rates. Believe it or not they could hit 0.  This will bring on sharp reductions in mortgage interest rates, possibly seeing historic lows.  Look for both Fannie Mae and Freddie Mac to come up with new mortgage loan programs and loosen mortgage loan requirements.  Look for lenders to again have money and start looking to actually make loans again. All of this coupled with extremely low home prices and large inventories could create home purchase opportuites like we have never seen before.  Stay tuned!

Have An Awesome Week!

THIS WEEKS HOT NEW LISTING!

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90782 Smith Lane, Coburg, Oregon

Price: $485,000.00

Beds: 3

Baths: 2

Sq Ft: 2105

Description: Secluded farm house with view of open fields and mountains. Beautiful vaulted kitchen with breakfast nook, light & bright living room and family room with lots of modern updates. Well-lit staircas ....

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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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