Light at end of tunnel with Local Housing Market
Good Monday Morning!
It was certainly a wet and cool Spring break here in the Eugene and Springfield area. It seems to do that on Spring break every year.
There is some light beginning to flicker in the local Real Estate market. The number of homes for sale is declining significantly and there are all of a sudden many more people out there looking seriously. Our historically low mortgage interest rates and the very affordable price of homes out there is finally getting people to take a hard look at purchasing a home right now.
Have we hit bottom with this Real Estate market? Only time will tell. As I have said many times over that you will never know that we have hit bottom until we begin climbing up the other side. I would think that there is a good chance that we have hit bottom and if we see Home Buyer activity levels continue their increase we could quickly begin the climb out of this, which for you buyers means higher home prices.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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1350 River Road, Eugene, Oregon
Description: This is a very cute home featuring wonderful wood floors throughout, a spacious living room with lots of windows and a light & bright kitchen with lots of cabinets and plenty of counter space. Bot .... |
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
