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Monday Morning Real Estate Update 1/29/07

by Galand Haas

Good Monday Morning!

What a grorgeous and Sunny weekend it was!  It looks like more of the same for the week ahead.

The National Association of Realtors released their statistics for national home sales last week.  The second half of 2005 saw a significant decline in home sales nationally.  The fourth quarter of last  year saw the largest change.  The one thing that stands out is that the Eugene and Springfield area home market is holding up much better than  the overall national market.  From all indications, the market here is actually beginning to heat up again.  This is something that most other parts of the country will be envious about. 

Have An Awesome Week!

 



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Monday Morning Real Estate Update 1/9/07

by Galand Haas
 
Good Monday Morning!
Rain, Rain and more Rain!  The Coburg Hills did look gorgeous though with their blanket of snow.
The November statistics are in and the inventory of homes on the market in the Eugene and Springfield area has risen to 4 months.  At the same time in November of 2005 the average time on the market was 2.6 months.  What this means is that at the present sales rate, it would take 4 months to exhaust the present inventory of homes for sale.  The average sales price jumped from $205,000 to $225,000 in the same time period.  This is an increase of 13.4%. The average time on the market was 59 days in comparison to 41 in November of 2005. 
Look for home sales activity to be more active in January and February of 2007.  If you are considering the sale of your home, don't miss this window of opportunity.  It could change significantly as Spring and Summer arrive.
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
Direct: (541) 349-2620
Fax: 541-687-6411

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