Neighborhood News 2/8/08
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Presented by: Galand Haas Team
Keller Williams Realty Eugene and Springfield, 2644 Suzanne Way, Eugene, OR, 97408 Direct: (541) 349-2620, http://www.eugeneoregonhomesforsale.com |
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Displaying blog entries 791-800 of 873
Monday Morning Real Estate Update 2/11/08
Good Monday Morning!
It looks like we have some better weather here for a few days! We welcome what we can get this time of year.
In a recent report on the current national Real Estate market, it looks as if our current market situation may be around longer than we first thought. It is now being predicted that our market down turn will most likely last for about 3 more years. The part nobody can answer though is whether we have hit bottom yet or not. It is possible that we have bottomed out and we will now just experience a flat market. Some experts believe it hinges on what happens with mortgage rates. Any uptick in rates could set the market into further decline. So, buyers who think they will wait this thing out longer and get an even better deal on a home purchase are gamblers. The combination of Lower prices and attractive mortgage interest rates may not improve from where they are today.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Monday Morning Real Estate Update 2/4/08
Good Monday Morning!
If you are looking for a change in the Real Estate market you will have to look outside of the Eugene and Springfield area. There really has been little change over the past several months and I don't look for much change in the months ahead. This is why our current market remains one of the most opportune times to purchase a house that there has been in decades. Home prices remain extremely attractive and there are many seller incentives out there. With the current low mortgage rates, this is a wonderful opportunity.
If you would like to receive e-mail updates as new homes meeting your search criteria hit the market, you can log onto www.forhomeinfo.com to receive informative daily e-mail updates on homes listed for sale.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Monday Morning Real Estate Update 1/28/08
Good Monday Morning!
The white stuff paid a rare visit to our area over the weekend. It is gourgeous outside!
Nationally, the housing market had it's worst performance in 25 years last month. Locally, we continue to dodge the bullet that has hit the national market. The recent drop in mortgage interest rates actually is breathing some new life into home sales in our area. If you are considering the sale of your home, I would not wait much longer. It would be wise to take advantage of our recent upswing.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Monday Morning Real Estate Update 1/21/08
Good Monday Morning!
Happy Martin Luther King Day! For all of those who have today off, enjoy the sunshine!
Mortgage interest rates continue their slow decline. Will the housing market react? This is a very good question. The Federal Government does not feel confident that the current low rates are enough and they will continue to drop their short term rates. This does not always have an immediate effect on long term rates, so the jury remains out on what the future will bring us with mortgage rates. Watch closely because the Real Estate market may just surprise us all in the next few months.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Monday Morning Real Estate Update 1/14/08
Good Monday Morning!
It was certainly nice to see sunshine on Sunday!
Nationally, the housing market continues to slump. Look for the Feds to make further moves to kick start housing by dropping the prime again. Also, look for a substantial drop this time. How much effect this next drop has on mortgage interest rates is yet to be seen. Rates are already at a 3 year low and a further decline can do nothing but help at this point. Negative press on the availability for mortgage financing is somewhat exaggerated. There are plenty of good loan programs out there for those who qualify. The sub-prime loans that were feeding financing to those who were at very high risk are the loans that are gone.
Have An Awesome Week!
Sincerely,
Galand
Monday Morning Real Estate Update 1/7/08
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Galand Haas, Good Monday Morning! The Holiday bustle is over and it's now back to life as usual. It is also that time of year that we traditionally see the Real Estate market pick up steam. Here in the Eugene and Springfield area we have not wasted any time in picking up the pace. One large reason for a surge in activity comes from the fact that mortgage interest rates have steadily decreased over the past several weeks. As of the end of last week I was seeing 30 year fixed conventional loans as low as 5.5%. This is the lowest level in years and buyers are learning that this combined with lower home prices and a very nice inventory of homes to choose from has given them a great opportunity. This trend will do nothing but improve if interest rates continue their decline. or even remain steady. Have An Awesome Week!
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Monday Morning Real Estate Update 1/1/08
Good Monday Morning!
Happy New Year!!!!!!
It now appears that the Eugene and Springfield area will hit 2008 with some renewed energy in the Real Estate market. We have certainly watched a significant increase in both the number of buyer calls and showings on home we have listed for sale. This trend has picked up steam over the past 3 weeks, which is typically a much slower time of interest due to the Holiday's. Over this same time period we have also sold a number of homes that have been on the market for extended periods of time. This is good news for a market that was in steady decline.
If you are considering selling a home in 2008, the first quarter may very well be your best bet. If you wait for the trees to bud and the flowers to bloom you may miss the best part of the 2008 market for home sales. Waiting for Spiring/Summer could cost you time and money.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Monday Morning Real Estate Update 12/17/07
Good Monday Morning!
If you have not had the opportunity to view the Christmas lights in our community this year, you need to take the time to do so. They are spectacular!
Buyer interest in homes for sale in our area continues to rebound. Even at this time of year, when we typically see little interest the numbers of home showings continues to increase. This is a good indication that the first quarter in 2008 will see an increase in home sales. With mortgage loan interest rates continuing their decline, this could signal the bottoming out of the slow down in home sales for Eugene and Springfield. It's hard to hit the market right, but my suggestion to anyone interested in buying is to not wait a moment longer. Thinking that home prices could become even more attractive down the road could be a mistake.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Monday Morning Real Estate Update 12/10/07
Good Monday Morning!
Congratulations to the Marist High School Spartan football team and the Sheldon Irish High School football team for their state championships in Divisions 4A and 6A. Way to go.
Mortgage interest rates continue to decline. Last week I saw some 30 year fixed loans at 5.5% to 5.6%. This is the lowest these rates have been in several years. Over the past several months, I have been telling prospective home buyers that this is the time to act. You may not see the market get any better for purchasing a home than what it is right now. Good markets are hard to hit and many times we wait to see if they will get even better and then miss the chance to really hit it right on. It's impossible to predict the future, but we just very well may be a that point where you want to think about making your home purchase.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
Displaying blog entries 791-800 of 873
