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Spring Market Home Selling Tips

by Galand Haas

 

Good Monday Morning!

Daylight savings time is back.  Now with the longer days it truly feels like Spring again.

With todays competitive home market, home sellers are having to pay much closer attention to detail than ever before.  To start out with, in the current market a home must be priced correctly not just to sell but to even get lookers.  Pricing a home has never been harder than it is in this current market.  As prices continue to slide downwards the homes that have sold in which we typically compare values with may be worth more than a home going on the market today.  For this reason comparable sales are not the reliable resource that they once were.  Market savvy Real Estate agents are also not the norm and home sellers must seek out an agent who has a good perspective on the current market.  Over pricing a home in this market will insure that your home stays on the market for a long time and you will lose money as the market slips as you wait for buyers that will never arrive.  Pricing for a quick sale is very wise in this market.

Your home not only needs to be priced correctly, but it also needs to show better than the competition.  The best priced, most attractive homes are the ones being sold.  Home staging is essential in this market and the services of a professional home stager can save you time on the market and put money in your pocket.  Also, making sure that your lawn and landscaping is in top condition can make a huge impact as well.  Most prospective buyers drive by first and that first impression from a drive by goes along ways towards prospective buyers wanting to look inside.  

In this market, we council all of our home sellers carefully in regards to price, condition, staging and outside appearance.  The result is that the homes we represent sell for more money and in much less time than homes listed by any other area agents.  In this market this means more money in your pocket.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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1224 Parker Street
Price: $135,000 Beds: 2 Baths: 1 Sq Ft: 690
Cute home featuring wood floors, wood stove set on brick, great kitchen, ceiling fans and huge, fenced backyard. Although it could use some TLC, it has lots to offer including garage storage, cute front yard and convenience to schools....



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

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Good Monday Morning!

It was certainly a great weekend in Eugene for sports enthusiasts.  The Spring Oregon Duck football game, several Duck baseball games, the relays and and the Eugene marathon.  Wow! Sports town USA!

The statistics are in for Real Estate sales during the month of March and they clearly show an improving market.  The average months of active home inventory was at 7.8 months and this was down from 9.7 months in March of 2009.  Remember, 6 months of inventory is an even market, below that level is a sellers market and above a buyers market.

Closed sales were up again and were at an increase of 39.6% from March of 2009.  Pending sales also were up significantly at 51% from March of last year.  New listings were also up significantly at 45.7% over last march.  The average sales price was up slightly over February, but down considerably from March of 2009 with a decrease of 6.9%.

It looks like we are experiencing a small bubble in sales activity.  Most activity remains in the lower price ranges and pricing pressure remains high with large numbers of foreclosed homes and short sales still hitting the market.  Don't expect this trend to end any time soon.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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1054 Brookside
Price: $258,000 Beds: 3 Baths: 2 Sq Ft: 1682
A classic home with lots of special features incl. a sunken living room, open dining area, a fantastic kitchen with eat bar & built-in pantry. Each guest bed has excellent closet storage and easy access to the large guest bath. The spacious master h...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

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Galand Haas, Keller Williams Realty Eugene and Springfield
2644 Suzanne Way, Eugene OR 97408 
Direct: (541) 349-2620

Eugene and Springfield Foreclosed Home list 3/12/1010

by Galand Haas

Here is your weekly list of Foreclosed and Bank Owned properties for sale in the Eugene/Springfield and surrounding areas.  If you should want further information on any one of these homes or wish to view any of them, please contact me.

 

Foreclosed Homes. Click on the following link to download this week's list.

 

 Download Here

Sincerely,
Galand


Galand Haas, Keller Williams Realty
FREE automated reported Home Reports:
What's your home worth? click here
Thinking of buying? click here 

Licensed in the State of Oregon

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Potential Problems In The Commercial Real Estate Market!

by Galand Haas

Good Monday Morning!

If you have not been to an Oregon Duck baseball game at the brand new PK Park you need to do so. What a fantastic facility this is and how much fun is it to watch a college baseball game? This is a great addition to the Eugene and Springfield area!

Most of the Real Estate news over the past several years has focused on the residential Real Estate market and it's continual slide both nationally and locally.  The situation with the residential market has certainly had an effect on the lives of most.  Now coming on the scene is a situation with commercial Real Estate that is going to also have a significant impact on most of us.  Loans for commercial Real Estate are typically much shorter in term than those made for residential Real Estate. Most commercial loans have a duration of seven years.  What we are seeing in both the local and national commercial Real Estate market is that lease rates are declining sharply. The value for commercial property is determined primarily by what the lease value is.  As a result of the lower lease rates, the value of most commercial property has dropped significantly. Over the next 3 years hundreds of thousands of commercial notes are going to be coming due all over the country. As these notes come due the commercial property owners are going to have to find new financing. Due to the lower lease rates, many of these commercial properties values will be less than what is currently owed on them.  The problem will come from the fact that the banks will not be able to loan on the buildings for the amount the owners need and historic numbers of commercial Real Estate owners will now go into default.  This has the potential for a huge economic disaster as thousands of commercial property investors lose their money.  The investor groups are broad as many of the nations largest insurance company's etc. are invested heavily in commercial Real Estate.  

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

 

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3547 River Pointe Drive

Price: $445,000 Beds: 4 Baths: 2.5 Sq Ft: 3026
Beautiful home on large lot with lots of extras. Featuring a covered front porch, a living room with hardwood floors & fireplace, a lg. kitchen with center island, pantry & BI-desk, a dining area w/ bay window, an office/den, utility rm. & oversized...

Good Monday Morning!

If you have not been to an Oregon Duck baseball game at the brand new PK Park you need to do so. What a fantastic facility this is and how much fun is it to watch a college baseball game? This is a great addition to the Eugene and Springfield area!

Most of the Real Estate news over the past several years has focused on the residential Real Estate market and it's continual slide both nationally and locally.  The situation with the residential market has certainly had an effect on the lives of most.  Now coming on the scene is a situation with commercial Real Estate that is going to also have a significant impact on most of us.  Loans for commercial Real Estate are typically much shorter in term than those made for residential Real Estate. Most commercial loans have a duration of seven years.  What we are seeing in both the local and national commercial Real Estate market is that lease rates are declining sharply. The value for commercial property is determined primarily by what the lease value is.  As a result of the lower lease rates, the value of most commercial property has dropped significantly. Over the next 3 years hundreds of thousands of commercial notes are going to be coming due all over the country. As these notes come due the commercial property owners are going to have to find new financing. Due to the lower lease rates, many of these commercial properties values will be less than what is currently owed on them.  The problem will come from the fact that the banks will not be able to loan on the buildings for the amount the owners need and historic numbers of commercial Real Estate owners will now go into default.  This has the potential for a huge economic disaster as thousands of commercial property investors lose their money.  The investor groups are broad as many of the nations largest insurance company's etc. are invested heavily in commercial Real Estate. 

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!
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6906 A Street
Price: $169,000 Beds: 3 Baths: 1.5 Sq Ft: 1244
Charming newer home located on the banks of city-maintained wetlands with a seasonal pond, wildlife & walking paths. The main level features a living & dining room with lam floor & woodstove, a space-efficient kitchen with lots of lots of storage, a...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Weekly Foreclosed Home List For 2/24/10

by Galand Haas

Here is your weekly Foreclosed home list.  If you find any homes that you are interested in, please get in touch and I can furnish you with details or arrange a showing.

Foreclosed Homes. Click on the following link to download this week's list. 

Download Here

Sincerely,
Galand

How Do I Save My Home From Foreclosure?

by Galand Haas

Good Monday Morning!

Our gorgeous Spring weather continues.  It sure beats what the East Coast is having.

Each week I receive a list of the NOD (notice of default) properties in the Eugene and Springfield area.  Unfortunately, the size of this list continues to increase week after week.  This indicates that more and more people are finding it hard to make their monthly home payment and are falling behind on payments to a point that their lender starts the foreclosure process with this notice.  The national and local economy has created an environment where there are just more and more people losing their homes. The latest numbers out indicate that as many as 1 in four home owners could go into default.  

A home foreclosure is very damaging.  It is hard on people both emotionally and financially.  For many people there is a very good alternative to giving their home up through foreclosure.  This alternative is called "Short Sale".  A "Short Sale" is a process where the home owner sells their home and then they are able to negotiate with their lender to take a deficiency pay off on their mortgage.  Not only can a "Short Sale" allow the home owner to remain in their home during the time of negotiation, but a "Short Sale" can also allow the home owner to have a much less devastating impact on their credit.  Today, most lenders would prefer that the homeowner goes through a "Short Sale" rather than losing their home to foreclosure.

The process begins by the homeowner first determining whether they qualify for a "Short Sale".  The Galand Haas Team helps many homeowners with this process.  Once we determine if the homeowner qualifies for a "Short Sale", we then put the home on the market for sale. Once we have a sale then we begin the process of negotiating with the lender on the "Short Sale".  There are only a few Real Estate agents in or area with the experience to help homeowners with the "Short Sale" process.  We are experts at "Short Sales", so if there is anyone you know who is facing foreclosure, have them contact us.  We just may be able to save them from a horrible situation.  They can contact us directly or visit our website at www.shortsaleeugene.com

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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3690 RIVER POINTE DR
Price: $485,000 Beds: 3 Baths: 2 Sq Ft: 2976
This beautiful home has a fantastic floor plan. It features wood floors, wall-to-wall carpet, skylights, canned lights, granite counters, stainless steel appliances, surround sound system, security system, vaulted ceilings, large bonus room. The mas...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Weekly Foreclosed Home list for 3/5/10

by Galand Haas

Here is your weekly list of Foreclosed and Bank Owned properties for sale in the Eugene/Springfield and surrounding areas.  If you should want further information on any one of these homes or wish to view any homes, please contact me.

Foreclosed Homes. Click on the following link to download this week's list. 

Download Here

BRAD WHEELER
Broker Agent
Office: 541-349-2620
Cell: 541-521-8409
E-mail: [email protected]

Eugene and Springfield Foreclosed Home list 2/12/2010

by Galand Haas

Here is your weekly list of foreclosed and bank owned properties listed for sale in the Eugene and Springfield area.  If you should want further information on any one of these homes or wish to view a particular home, please contact me.

Foreclosed Homes. Click on the following link to download this week's list.

You Need to know Your Homes Current Value!

by Galand Haas

Good Monday Morning!

Happy Presidents Day!!!!!

Over the past several months I have completed several hundred Market Value Analysis reports for residents in the Eugene and Springfield area.  The primary reason for these reports is to give someone who has an interest or need in selling a home an approximate idea of what their home value is on the market today.  The typical result of this is that not only do the home owners go into sticker shock, but so do I.  Home values in most areas have dropped so drastically that even after doing hundreds of these reports and looking at hundreds of other homes currently on the market, the low prices of many homes in this market is shocking.  Not only are many prices well below county assessed values, but many of the homes are worth far less than what the owner paid for them. As we watch even more homes in our area go onto the nod (notice of default) list, the pressure on home pricing continues.  The more homes that we see go into foreclosure and short sale, the more pressure there will be on home prices.  Unfortunately, the nod list is not getting any less lengthy at this time.  This certainly could indicate that home value will continue their decline for quite some time in this market area.

If you live int he Eugene and Springfield or surrounding Lane County area you can easily get a good look at what your homes value has done.  Just log onto www.forhomesellers-nonSmartZip.com.  Here you can enter in the details about your home and quickly receive a complete e-mail report on your homes current market value.  The report will then be repeated and sent to you each month by e-mail.  It is just a great way to keep on top of what is taking place with your homes value.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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290 25th Street
Price: $165,000 Beds: 3 Baths: 2 Sq Ft: 1280
Very nicely updated home including brand new roof, vinyl windows, 100% Alder cabinets, Hardie plank siding, granite countertops, new appliances, new carpet, fresh paint, gorgeous fixtures on large lot w/ great landscaping in front. With a cute deck,...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Displaying blog entries 691-700 of 873

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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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