Galand Haas,

Good Monday Morning!

Sunday's drizzle put the dampers on a nice weekend. It's looking up though, warm weather is here for the week

The inventory of homes for sale keeps piling up.  It looks like my prediction of a peak in inventory levels around mid June may be fairly close.  I would also predict that we will soon cross the magic 6 months of home for sale inventory line here in the Eugene and Springfield area.  This means that at the current rate of sales, it would take 6 months to exhaust the current inventory of homes for sale.  Six months is important because that is the dividing line between a buyers and sellers market.  6 months or less of inventory is a sellers market and 6 months or more is a buyers market.  This is good news for you prospective home buyers as mortgage interest rates also continue to be extremely favorable.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand