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Monday Morning Real Estate Update 12/3/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

It was an exciting Civil War football game on Saturday!  Thank goodness the storm did not arrive until Sunday.

National statistics show that we are currently in the largest housing slump in decades.  Locally, we are still on the positive side for home prices and even though the market has slowed we are not experiencing the same market conditions that many parts of the country are seeing.  This shows that there can be a significant difference in markets from area to area.

My experience to date has been that the homes we put on the market for sale will sell as long as the home is priced correctly for this market.  Homes with inflated sales prices will sit without selling.  Time on the market certainly is longer here, but the fact is that homes are selling and there are some whopping great buys out there if you are interested in purchasing a home.  Don't be afraid to take advantage of good local market.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 11/26/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Nothing like a little bit of chilly Winter weather to help us feel in the Holiday spirit!  Christmas is just around the corner.

This message is specifically for anyone who has purchased a home with an adjustable rate mortgage, (ARM).  If your loan is due to adjust within the next 24 months and you plan on living in your home past that time period, it would be a very good idea to think about a refinance of your existing ARM loan right now.  We know that rates are good today and this would take the gamble out of potentially higher rates at the time of your ARM rollover.  If your current lender is offering deals, take a hard look, but also shop around.  I have a list of some very good and competitive lenders.  If you would like a list of these lenders, send me an e-mail.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate update 11/19/07

Monday, December 17, 2007
by Galand Haas

Happy Thanksgiving!

Recently, our local press has given some very biased views concerning our Real Estate market.  The truth is that our local market is fairing much better than many other parts of the country.  It is true that we are no longer in the hot Sellers market of 2006, but we are in the midst of one of the best opportunities for home buyers that our market has had in many years.  The local press has confused our local market with the national market and has not done a good job of giving a true picture of our local Real Estate market.  This kind of reporting can significantly influence a market.  The truth is that right now home buyers can easily get a home loan at a very attractive interest rate.  Home buyers also have the opportunity to choose from a greatly expanded inventory of homes for sale that are at more attractive prices than over the past several years.  The real truth is that we should now be in the hot Buyers market of 2007.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 11/12/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Happy Veterans Day!

Last week, I spent some time reviewing statistics from a number of major Real Estate markets across the country.  The one thing that I noted was the fact that our Real Estate market in the Eugene and Springfield area is currently fairing better than most.  With the Fed's recent decisions to lower short term rates, we could see a trickle down of lower mortgage rates in months to come.  This could begin a slight improvement nationally and have a huge impact on our local market.

I do have one word of caution at this time.  If you are thinking about selling your home, don't wait for Spring.  Your homes value could be less by Spring if the typical situation of higher inventories builds at that time.  If you are serious about selling, get your home on the market now or a the latest by the first of next year.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 11/5/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

What a gorgeous day Saturday was for the Oregon football game.  Congratulations to the Oregon ducks for their new #3 ranking in all of the polls.

The Real Estate market continues to become more of a buyers market in the Eugene and Springfield area.  The good news for sellers is that the decline seems to be slowing and we are starting to see an increase in the number of buyers out there looking.  It just simply is the best time possible to think about buying a house and many home buyers are discovering this fact.  Look for the market to rebound as more buyers get active at purchasing homes.  Parts of California are already starting to see this trend.

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 10/29/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

The Oregon and Oregon State football teams win again!  Congratulations to the University of Oregon for being #4 in the nation this week.

The Real Estate market continues to be headline news around the country.  Here in Eugene and Springfield we continue to have a slower market, but we certainly are fairing better than other parts of the country.  As I have repeatedly stated, this is a fantastic market for home buyers and they should be taking advantage of it.  As with the sellers market the buyers market will not last forever.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 10/17/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

What a gorgeous Fall weekend!  It just does not get any better.

Our local Real Estate market continues to hold up with a much better market than what we see nationally.  All of the bad press that we read about the national Real Estate market does not accurately describe our local market.  Certainly the market has shifted some, but overall we continue to see home prices rise and we see good sales activity in most price ranges.  Our current market is ideal for home buyers and investors.  Look for more of the same through the next several months.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 10/8/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Happy Columbus Day!

The Real Estate market in the Eugene and Springfield area has experienced little change over the past month.  The decreases in the mortgage loan rates have kept our market fairly stable.  The current market continues to be an outstanding situation for home buyers. 

If you currently have and Adjustable Rate Mortgage (ARM) that is going to roll over and spike to a higher rate or if you have a 100% or 80/20 mortgage at a high rate, then now would be an excellent time to look at a refinance.  If you need information on how to best accomplish this or who to talk to, please contact me.  I would be glad to get you the information you need.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 10/1/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

Fall weather is certainly here.  There is no chance of a drought in the Eugene and Springfield area at this time.

Nationally, the housing market remains dismal with September being the worst month for home sales in years.  Locally, we are holding up slightly better but the Real Estate market if far from being where it was a year ago.  Mortgage interest rates are holding stable, but fears of inflation and the lack of consumer confidence are forcing the market to stay cold.  As I have been saying for weeks, this is the best buyers market we have seen in years.  If you would like to know how to fully take advantage of this market as a buyer, please get in touch.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand
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Monday Morning Real Estate Update 9/24/07

Monday, December 17, 2007
by Galand Haas

Good Monday Morning!

It was certainly a gorgeous weekend to kick off Fall with. It looks like there is more great weather on it's way.

With the Fed reducing short term rates by 1/2 of a point last week, consumer confidence seems to be rebounding.  The Fed decision had little immediate impact upon mortgage interest rates.  The good news is that we should see rates hold tight or possibly drop over the next several weeks.  The housing market in the Eugene and Springfield area remains extremely favorable for home buyers.  The buyer opportunities are better today than at anytime in years.  If you are thinking about purchasing a home, don't wait and miss the large inventory of homes to look at, the soft pricing and the great mortgage interest rates.  There is also a good inventory on new homes out there right now, so builders are certainly more motivated than they have been for some time.

Have An Awesome Week!



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
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