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Has The Recession Really Ever Ended?

by Galand Haas

Good Monday Morning!

Nothing like a touch of Spring to get everyone out and about.  The gorgeous weather we have enjoyed recently has certainly had the bike and walking paths full of people out soaking up the great Eugene environment. It looks like lots more of the same to come!

Has the recession really ever ended?  If you look at what is taking place in home sales, this might be questionable.  And if it did end, things are shaping up for a double dip in home prices.  Recent numbers show that nationally we are seeing home prices decline again.  Predictions by most economists are that this trend may stretch through the 3d quarter of 2011 or even longer.

This is great news for home buyers, but if you are selling a home or thinking about selling a home this is a warning sign.  Clearly for home sellers who are on the market, it's time for you to do what it takes to get your home sold (adjust your price).  For those not on the market who need to sell a home, don't procrastinate.  Every day that passes, your home is worth less money.  Don't even think about waiting until Spring flowers bloom to get your home on the market.  Waiting could be costly.

If you live in the Eugene and Springfield area and would like a current assessment of your homes market value, log onto www.forhomesellers-nonSmartZip.com.  This website offers a FREE market analysis for your home by e-mail with a detailed report of what the market is like in your neighborhood.  Best of all, you are updated monthly with a new e-mail report.  It is a great FREE service that you should take advantage of.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING! 

Image Unavailable
38920 Wendling Road
Price: $280,000 Beds: 3 Baths: 2 Sq Ft: 2456
Spacious home tucked away in the country with wonderful views of nature filled with meadows, pasture, forest & stream. Inside features a welcoming living, main-level master, large dining area, light & bright kitchen, vaulted family room and fantasti...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Home Foreclosures Suspended

by Galand Haas

Good Monday Morning!

Congratulations to the Oregon Duck and Oregon State Beaver college football teams for their weekend victories.  Also, the Oregon Ducks are now #2 in the nation in all three polls.  Keep up the good work!

The problems with the nations housing industry just keep coming.  Last week Bank of America gave notice that it was suspending home foreclosures in all 50 states while it investigates problems within.  Now, GMAC and JP Morgan Chase have announced that they also are suspending home foreclosures.  There are now fraud allegations and misconduct involving foreclosures within all of these major lenders.  Short term this may be of some benefit to the housing industry because it freezes foreclosures and will put less pressure on already heavy inventories of homes for sale.  Long term it is a disaster because it will prolong the flushing out of foreclosed properties.  Some experts feel that it could extend our housing industry problems as much as another 2 years.  Any kind of recovery within the housing industry is conditional on the large number of foreclosures passing through the system.  This is also not good news as recovery in the housing industry will lead the way to recovery from our current recession.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
1499 Larkspur Avenue
Price: $180,000 Beds: 3 Baths: 1 ∏ Baths: 1 Sq Ft: 960
Charming, ranch-style home with modern feel and centrally located. Featuring rich hardwood floors, newer roof, countertops and vinyl windows. Other special features include a cozy living rm with wood-burning fireplace, a large bath, laundry area & c...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

February 2009 Market Trends Newsletter

by Galand Haas

February Newsletter from Galand Haas

Featured Listing

Featured Listing

For Sale: $525,000

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Lane County Real Estate

RMLS January 2009 Reporting Period JANUARY HIGHLIGHTS Sales activity in the Greater Lane County area was a mixed bag in January, as closed sales fell below 100, while pending sales appeared resilient. Comparing January 2009 with January 2008, closed sales dropped 46.3% and pending sales fell 28.9%. New listings a

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Feature Article

Recession-Proof Your Relationships Because February is the month of romance, it's important that we take the time to show it - and not just on the 14th! That's why I wanted to share with you these five tips by Kit Yarrow, a consumer psychologist and professor of psychology and business at Golden Gate University in San Francisco, tha

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LifeStyles

How Rich Are You? Every year there are those of us who gaze enviously at the lists of the richest people in world. We often wonder what it would be like to have that sort of cash? But where would you sit on one of those lists? And if you had that kind of cash, what would you do with it? Well, let's just see where you stand. Level I: $10,000

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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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