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Bank owned properties in the Eugene and Springfield area

by Galand Haas

It is a Winter wonderland this morning in the Eugene and Springfield area.  It looks like the white stuff is here to stay for a while.

The number of bank forclosures, bank owned homes and short sale properties continue to increase in our area. Typically, banks will price homes that they have forclosed on extremely competitively in order to remove these properties from their books quickly.  Short sales are homes for sale that the owner owes more money on than can be realized from a sale.  In a short sale the bank agrees to take less for the home than is owed. These home can also be excellent opportunities for a buyer to purchase a home below market value.  With mortgage interest rates at historic lows, it makes good sense to start thinking about a home purchase whether it is for a new personal residence or for investment. 

If you would like to receive information on bank owned properties or short sale properties, please contact me.  I put together a weekly list of these properties that I e-mail to interested buyers.  I would be more than happy to add you to my list.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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1064 Quinalt Street, Springfield, Oregon

Price: $155,000.00

Beds: 3

Baths: 1

Sq Ft: 1342

Description: Great one level home with a nice, open floor plan. It offers a brand new heat pump with a filter electronic system, a new 30-year roof and hot water heater. The living room features a wood burning f ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

 

Deflation in the local Real Estate market

by Galand Haas

The word "deflation" defines what is currently taking place with the housing market in our country.  Supply and demand certainly effect the price of homes just as it does stocks and other saleable goods.  With high supply and low demand prices have fallen sharply within the housing market.  Now with the low prices record low mortgage intereest rates enter the picture.  How long will it be before demand rises sharply because of the low interest rates?  This would reverse the trend of falling homes prices and prices would begin to rise.  If you are waiting for this market to hit bottom then look at what is taking place today.  Typically, we never know when a market has hit bottom until it has been rising for several months.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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6574 Jules Place, Springfield, Oregon

Price: $195,000.00

Beds: 3

Baths: 2

Sq Ft: 1544

Description: Light & bright immaculately maintained home. Huge great room with vaults, skylight & fireplace. Spacious kitchen with plenty of cabinets & breakfast bar. Master has large walk-in closet an ....

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Focus on the positives in your life

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!

Keeping a positive attitude concerning Real Estate

by Galand Haas

Well, gorgeous Fall weather returned to the Eugene and Springfield area for the weekend.  The forcast looks like more of the same for the remainder of the week.

When I speak to people and they ask me what my profession is of course I am always happy to let them know that I am a Real Estate Broker.  The reaction I get from that statement these days is interesting.  People's reaction to me telling them that I am a Realtor is typically the same as if I just told them that I had lost my job. This reaction is totally one of perception created by the media. The interesting thing to me is how the press has such an impact on people.  Yes, the Real Estate market is down, but it's certainly not dead.  The truth is that in the month of September our company had the best sales month we have ever had.  Now, take away the negative press and what you really have is a market of opportunity that nobody is talking about.  It is a market that an increasingly large number of savvy home buyers are discovering.  There is opportunity here today that you may not see again for years.

Have An Awesome Week!


Eugene and Springfield Real Estate Report 11/10/08

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 ....

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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

Area Real Estate Update 10/22/08

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

Eugene and Springfield Real Estate Update 10/19/08

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

Eugene Real Estate news 10/15/08

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

Community Real Estate Update-Eugene and Springfield 10/8/08

by Galand Haas

Good Monday Morning!

Our first Winter like storm dappened the area over the weekend.  Don't worry, there is more sunshine on it's way!

Don't look for any immediate change as a result of the bail out bill passed by Congress last week.  Only history will tell us what we just bought for 700 billion dollars.  We can only hope that the most immediate result will be in the way of some improved consumer confidence.  Also, look for the Fed to lower rates when they meet this month.  The combination of some lowering mortgage interest rates and some changes in lending practices could ease the mortgage crisis a bit.

In the months ahead look fo a continuation of soft home prices and the probability of lower mortgage interest rates.  The next six months could offer the very best climate we have ever seen for home purchases in this country. Don't sit back and wait while this one passes you by.

Have An Awesome Week!

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1376 Cal Young Rd., Eugene, Oregon

Price: $245,000.00

Beds: 4

Baths: 2

Sq Ft: 1974

Description: This tidy 1-story home offers a spacious and well-manicured front lawn, 1-car carport, 1-car garage with lots of storage. The living room features hardwood floors and the family room offers wall-to-wa ....

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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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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Eugene and Springfield Real Estate Update 9/22/08

by Galand Haas

Good Monday Morning!

A little Fall weather hit us over the weekend and Just in time to help stop the forest fires and settle the dust!

These shaky economic times have certainly had an effect on our local housing market.  The August statistics are in and they continue to point toward a worsening market here in the Eugene and Springfield area.  Closed home sales in August were off by 28.7% over August of 2007.  There were 318 closed sales in comparison to 446 for August of 2007. There was 8.1 months of active home inventory for sale, this was better than July which had 8.8 months, but down from August of 2007 where there was 5.1 months of inventory.  The average time it took a home to sell in August was 105 days and this compares to 66 days in August of 2007.  The median home price declined again and was at $216,000 in comparison to $234,000 for 2007.

The bright spot is that mortgage interest rates continue to drop and the market is by far the best market that I have ever seen for buyers.  Real Estate investors should be taking action now as home prices are low, inventory is high, interest rates are low and rents are very high.  What more could an investor ask for?

THIS WEEKS HOT HOME LISTINGS!

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3125 Elmira Rd

Price: $175,000.00

Beds: 2

Baths: 1

Sq Ft: 1221

Description: This tidy 1-story home offers a spacious and well-manicured front lawn, 2-car carport and fenced backyard with a detached tool shed. The living room features hardwood floors and the family room offers ....

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5624 C Street

Price: $195,000.00

Beds: 3

Baths: 2

Sq Ft: 1288

Description: This 1-level, 3-bed, 2-bath home is in immaculate condition and has lots of modern updates. The living room features a vaulted ceiling, carpet flooring, and a wonderful brick fireplace. The light & ....

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AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Displaying blog entries 751-760 of 870

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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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