New Momentum in The Local Market
Good Monday Morning!
The weekend weather was interesting. I don't know if I have ever seen it rain as hard as it did during the thunder shower on Saturday.
The Real Estate Market in the Eugene and Springfield area continues to pick up momentum. The question is, have we hit bottom and are we heading out of this or is this just a short upswing before the bottom really falls out? I wish I had the anwers to that question. My suggestion right now would be that if you are wanting to buy, jump in now. You can't go wrong. If you are selling or need to sell, sell now and price your home to move fast. If this is a short upswing then you don't want to miss your chance to sell now during an upswing. How long of a window might we have? this is another question that is tough to answer. I would guess that we might see a better market for atleast the next 60 days. The problem longer term could be interest rates increases or the increase in inventory of foreclosed homes. Either of these could have a negative impact. My suggestion is to don't watch national trends, but focus mostly on what you see taking place in our community. This will certainly give you the best perspective on our market.
If you are interested in wanting information on foreclosed homes currently for sale in our local area,we have put up a new web site that will give you the ability to get a weekly list of all local foreclosed homes on the market for sale. You can sign up for this e-mail service at www.eugenebankowned.com.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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1929 L ST, Springfield, Oregon
Description: This is a very cute home with lots of potential inside & out. It features awesome hardwood floors, a spacious living room & well-sized bedrooms, each w/ ceiling fans. The dining room & kit .... |
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
