Eugene Oregon Real Estate Blog

Good Monday Morning!

The supply of homes for sale remains extremely low in the Eugene and Springfield market area.  This continues to drive home prices higher and frustrate home buyers.  In our area the difficulty of building affordable new homes isn't getting any easier.  The cost of building supplies, lumber and land are making it near impossible to provide affordable housing in our local market.  The combination of this with a low supply of existing homes is making home purchases difficult, especially for first time home buyers.  This situation is not just unique to our local market, but is taking place nation wide. The following is an article from "Realtor.com" that speaks to this situation.

The numbers: New construction slows down

U.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.56 million in September, representing a 1.6% decrease from the previous month, the U.S. Census Bureau reported Tuesday. Compared with September 2020, housing starts were up 7.4%.

The pace of permitting for new housing units also dropped in September. Permitting for new homes occurred at a seasonally-adjusted annual rate of 1.59 million, down 7.7% from August, in line with the rate of permitting from a year ago.

Economists polled by MarketWatch had expected housing starts to occur at a pace of 1.61 million and building permits to come in at a pace of 1.67 million.

The drop in permits was driven mainly by a decrease in multifamily housing units, though fewer single-family homes were permitted as well. Multifamily permits fell 21% on a monthly basis, while single-family permits decreased nearly 1%. The number of permits issued in September was the lowest it has been since a year ago, and all regions saw a downturn in permitting activity except for the Midwest.

Notably, there was a 22% increase in permits for buildings with between two and four housing units, such as duplexes and triplexes.

New construction on multifamily buildings also decreased in September, with a 5% downturn, though single-family starts remained unchanged from the previous month. It was the slowest pace for housing starts since April, driven by downturns in the Northeast and South.

The big picture

To a large extent, the month’s decline in housing starts and building permits could be a reflection of the ongoing operational hurdles construction firms are facing.

“New home starts declined in September after an initial rebound in August, amid continued concerns about delivery timelines,” said Kelly Mangold, a principal with RCLCO Real Estate Consulting. Shortages of building materials and labor mean that home builders are having a tough time completing projects as quickly as they had in the past. The number of housing projects completed in September fell nearly 5% from the previous month, slipping to the lowest level in over a year.

But another factor driving the slowdown in new construction is almost certainly the slight pullback in demand in the housing market today. “Demand has fallen back to its pre-COVID level, so new construction activity has softened,” Ian Shepherdson, chief economist at Pantheon Macroeconomics, wrote in a research note. “It remains elevated compared to the recent pace of new home sales because inventory is still low, and home builders don’t want to leave money on the table.”

He adds, though, that the recent recovery in the volume of mortgage applications for loans used to purchase homes could be the prelude to a rebound in home sales. That would lead to an uptick in construction, Shepherdson suggested.

What they’re saying

“With the supply of properties constrained in the existing home market and underlying housing demand remaining sturdy despite softening from its torrid turn-of the-year state, new residential construction has been trending up,” Michael Gregory, deputy chief economist for BMO Capital Markets, said in a research note, adding “that, once started, it’s now taking much longer to complete construction owing to supply bottlenecks and labor shortages.”

“The transition to remote work that began during the pandemic is maturing into the preferred long-term employment arrangement for the majority of Americans. This shift is also changing homebuyer preferences, with larger homes, quieter suburban neighborhoods, and access to the outdoors high on the list of must-haves. For builders, the biggest challenge remains building enough homes with these features at affordable prices,” noted George Ratiu, manager of economic research at Realtor.com.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

1616 Fetters Lp, Eugene, OR 

Price: $245,000    Beds: 2    Baths: 1.5    Sq Ft: 1118

Well maintained with newer carpet, interior paint and vinyl flooring. Sliding door to nice rear patio. Master has 3 closets! Two exterior storage areas in the front and back. HOA includes trash, landscaping, common areas, pool and covered carport. N...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

There has not been much change in the Real Estate market in the Eugene and Springfiled area over the past month.  The inventory of homes for sale has increased very slightly and home prices remained fairly steady, although they have increased significantly over the year.  As we go into Fall, I would look for the inventory of homes for sale to continue increasing.  My guess is that home prices will flatten out and could even decline in some areas and price ranges. Much of what takes place in our local housing market will depend upon mortgage interest rates and the overall economy.  Here are the numbers for home sales in Lane county for September of 2021.

Residential Highlights

New listings (498) increased 5.1% from the 474 listed in September 2020, and decreased 17.0% from the 600 listed in August 2021.

Pending sales (453) increased 1.3% from the 447 offers accepted in September 2020, and decreased 17.5% from the 549 offers accepted in August 2021.

Closed sales (459) increased 3.4% from the 444 closings in September 2020, and decreased 5.6% from the 486 closings in August 2021.

Inventory and Market Time

Inventory increased to 1.0 months in September. Total market time increased to 19 days.

Year-To-Date Summary

Comparing the first nine months of 2021 to the same period in 2020, new listings (4,751) increased 5.9%, pending sales (4,045) increased 4.7%, and closed sales (3,788) increased 9.0%.

Average and Median Sale Prices

Comparing 2021 to 2020 through September, the average sale price has increased 19.8% from $357,800 to $428,600. In the same comparison, the median sale price has increased 19.5% from $330,000 to $394,400.

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Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

4927 Fox Hollow Rd, Eugene, OR 

Price: $439,000    Beds: 3    Baths: 2.0    Sq Ft: 1366

Updated one level home in desirable East Eugene neighborhood. Beautiful views out of back of home into private wooded backyard. Large and open living room connected to family/dining room area. Large laundry room with plenty of storage. Home security...View this property >> 

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Good Monday Morning!

Just when we thought the super low mortgage interest rates had left us behind, the rates decided to take another drop. It is a pleasant suprise, but don't get too excited about these super low rates hanging in there for the long haul.  If you are sitting on the fence about a home purchase or a refinance, it might be wise to act quickly.  The following is and update on the current mortgage rate market from "Realtor.com".

Mortgage rates retreated below 3% this week, but the factors that pushed them higher in previous weeks remains—all while Americans grow increasingly frustrated with the competitive housing market.

The 30-year fixed-rate mortgage averaged 2.99% for the week ending Oct. 7, down two basis points from the previous week, Freddie Mac reported Thursday. Last year, this mortgage product carried an average interest rate of 2.87%.

The 15-year fixed-rate mortgage fell five basis points to an average of 2.23%, while the 5-year Treasury-indexed hybrid adjustable-rate mortgage rose by four basis point to an average of 2.52%.

“Mortgage rates continue to hover at around 3% again this week due to rising economic and financial market uncertainties,” Sam Khater, Freddie Mac’s chief economist, said in the report. “Unfortunately, with the expectation that both mortgage rates and home prices will continue to rise, competition remains high and housing affordability is declining.”

All that competition continues to weigh on consumers, causing them to sour on the housing market. The results of a new survey from Fannie Mae released Thursday showed that roughly two-thirds of consumers believe now is a bad time to buy a home, and most people think it’s a good time to sell. Over half of the survey takers said that home prices will either go up or stay the same over the next 12 months.

“In our view, other housing market fundamentals remain supportive of further home price appreciation—including low levels of inventory and low interest rate,” Doug Duncan, chief economist at Fannie Mae, said in the report.

The Fannie Mae survey also showed, though, that a growing number of people are likely in for a bad surprise when it comes to mortgage rates. The share of people who expect interest rates to drop over the next year went up slightly from 6% to 8%, but most economists expect rates to increase over that time frame.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

4927 Fox Hollow Rd, Eugene, OR 

Price: $439,000    Beds: 3    Baths: 2.0    Sq Ft: 1366

Updated one level home in desirable East Eugene neighborhood. Beautiful views out of back of home into private wooded backyard. Large and open living room connected to family/dining room area. Large laundry room with plenty of storage. Home security...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

For the first time in a long time, mortgage interest rates edged slightly higher last week.  This could signal the begining of the end for the super cheap rates we have been taking advatage of.  Mortgage rates at around 3% are still an unbelievable value, but all indications are that these rates may go higher.  If you are on the fence about either purchasing or selling a home, now is the time to act.  If rates continue to rise, the market we have today may be changing and your ability to sell at top value and your ability to purchase with super low mortgage rates may erode.  Here is a recent article from "Realtor.com" that talks about the recent changes in mortgage rates.

The rise in mortgage rates followed the upward climb of the 10-year U.S. Treasury yield over the past week—the long-term bond rose to the highest level since June. In both cases, the surge in interest rates came as a reaction to last week’s statement from the Federal Reserve. The central bank signaled it would begin tapering the asset-buying activities that it began last year in an effort to stimulate the economy. The central bankers also indicated that an interest-rate hike could come in 2022.

Among the assets that the Fed has been buying on a monthly basis are mortgage-backed securities. Those purchases by the central bank helped to pump a ton of liquidity into the mortgage market, which allowed lenders to cut interest rates. With the size of the Fed’s purchases likely to decrease later this fall, lenders will be forced to increase rates, according to economists.

That could have ripple effects into the broader housing market. “Mortgage rates remain low and are supporting demand” for homes, Rubeela Farooqi, chief U.S. economist for High Frequency Economics, wrote in a research note Thursday. “However, the incentive to buyers could diminish if rates rise once the Fed starts tapering.”

For buyers still in the market, it will become important to factor in the potential for rising interest rates when determining their budgets, Hale said.

Smart buyers should consider calculating a monthly payment not only at today’s rates, but also at rates that are a bit higher so that they won’t be derailed by a sudden upward move,” Hale said. “Additionally, home shoppers want to carefully consider their must-haves versus nice-to-haves since both rising home prices and higher rates mean higher monthly payments.”

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

1616 Fetters Loop, Eugene, OR 

Price: $245,000    Beds: 2    Baths: 1.5    Sq Ft: 1118

Well maintained with newer carpet, interior paint and vinyl flooring. Sliding door to nice rear patio. Master has 3 closets! Two exterior storage areas in the front and back. HOA includes trash, landscaping, common areas, pool and covered carport. N...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

For the first time in a long time, mortgage interest rates edged slightly higher last week.  This could signal the begining of the end for the super cheap rates we have been taking advatage of.  Mortgage rates at around 3% are still an unbelievable value, but all indications are that these rates may go higher.  If you are on the fence about either purchasing or selling a home, now is the time to act.  If rates continue to rise, the market we have today may be changing and your ability to sell at top value and your ability to purchase with super low mortgage rates may erode.  Here is a recent article from "Realtor.com" that talks about the recent changes in mortgage rates.

The rise in mortgage rates followed the upward climb of the 10-year U.S. Treasury yield over the past week—the long-term bond rose to the highest level since June. In both cases, the surge in interest rates came as a reaction to last week’s statement from the Federal Reserve. The central bank signaled it would begin tapering the asset-buying activities that it began last year in an effort to stimulate the economy. The central bankers also indicated that an interest-rate hike could come in 2022.

Among the assets that the Fed has been buying on a monthly basis are mortgage-backed securities. Those purchases by the central bank helped to pump a ton of liquidity into the mortgage market, which allowed lenders to cut interest rates. With the size of the Fed’s purchases likely to decrease later this fall, lenders will be forced to increase rates, according to economists.

That could have ripple effects into the broader housing market. “Mortgage rates remain low and are supporting demand” for homes, Rubeela Farooqi, chief U.S. economist for High Frequency Economics, wrote in a research note Thursday. “However, the incentive to buyers could diminish if rates rise once the Fed starts tapering.”

For buyers still in the market, it will become important to factor in the potential for rising interest rates when determining their budgets, Hale said.

Smart buyers should consider calculating a monthly payment not only at today’s rates, but also at rates that are a bit higher so that they won’t be derailed by a sudden upward move,” Hale said. “Additionally, home shoppers want to carefully consider their must-haves versus nice-to-haves since both rising home prices and higher rates mean higher monthly payments.”

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

1616 Fetters Loop, Eugene, OR 

Price: $245,000    Beds: 2    Baths: 1.5    Sq Ft: 1118

Well maintained with newer carpet, interior paint and vinyl flooring. Sliding door to nice rear patio. Master has 3 closets! Two exterior storage areas in the front and back. HOA includes trash, landscaping, common areas, pool and covered carport. N...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

The housing market both locally and nationally remains strong and with this home prices continue to climb.  Here in Lane County the average home sale price is $450,000.  Its hard to beleive that home prices have surged to this level here, but most of the nation has experienced a similar situation.  The following is a report on home sale values nationally.

The numbers: Sales of new homes in the U.S. rose in August, as the market for newly constructed buildings continues to show signs of stabilization after months of declines.

U.S. new-home sales increased 1.5% to an annual rate of 740,000, the government said Friday. The figure equates to how many homes would be sold over a yearlong period of time if the same number were bought in each month based on the rate of sales in July. Compared to a year ago, sales were down 24%.

The median forecast of economists polled by MarketWatch was that new home sales would come in at an annual rate of 720,000 for August.

Unlike the existing-home sales report from the National Association of Realtors, the new-home sales report from the U.S. Census Bureau captures sales when the contract is signed rather than when the sale is closed.

The report’s small sample size also means that it is quite volatile and prone to significant revisions. Indeed, the sales figure for July was upwardly revised to 729,000 from the originally reported number of 708,000.

What happened: The median sales price of new houses sold in August was $390,900, matching July’s figure, which was a record high. The supply of new homes for sale increased between July and August, equating to a 6.1-month supply of homes.

Regionally, the Northeast notched the largest gain in new-home sales, while the Midwest was the only part of the country to record a decrease.

The big picture: Whether new home sales can keep this steady pace will depend upon how willing buyers are to stomach rising prices—especially given expectations that mortgage rates are set to increase given the Federal Reserve’s shifting policies.

“Buyers show signs of having moved past a ‘land-a-home-at-all-costs’ mentality as rising home prices mean purchasing a home—whether new or existing—requires a larger share of the typical American’s paycheck,” said Danielle Hale, the chief economist at Realtor.com. “Consumers were recalibrating priorities this summer, balancing the resumption of travel, vacations and dining out with big ticket budget items like home-buying or renting—and doing so in the face of rising costs on just about everything.”

What they’re saying: “New home sales have fallen sharply this year, but they have not dropped as far as the mortgage applications data suggest. That’s probably because the proportion of cash buyers, who don’t appear in the mortgage data, has risen, as it clearly has in the existing homes market,” Ian Shepherdson, the chief economist at Pantheon Macroeconomics, said in a research note.

Market reaction: The Dow Jones Industrial Average and S&P 500 index both experienced slight increases in Friday morning trades.

However, major home-builder stocks such as D.R. Horton, Lennar Corp. and PulteGroup were mixed following the new home sales report’s release.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

2941 Edgewater Dr, Eugene, OR 

Price: $1,125,000    Beds: 3    Baths: 4.0    Sq Ft: 3397

Don't miss this elegant 1-level executive home in a quiet cul-de-sac. Large covered patio w/ infrared ceiling heat & a gas fire table overlook a pond & waterfall making it a relaxing & private retreat. Spacious indoor/outdoor entertaining w/ Sonos s...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

Mortgage interest rates are a key ingredient for keeping the current Real Estate market active.  With the escalation in home prices in our area, low interest rates are keeping home payments at an affordable level.  Any mortgage interest rate increases at this time may have a strong negative effect on home affordability and the overall housing market. The following is an article from "Realtor.com" that talks about current mortgage interest rates.

Mortgage rates edged slightly higher but remained close to all-time lows, despite disappointing economic reports over the past week.

The 30-year fixed-rate mortgage averaged 2.88% for the week ending Sept. 2, up one basis point from the previous week, Freddie Mac reported Thursday. Mortgage rates are now above their level from last year — a year ago, the 30-year loan averaged 2.86%.

The 15-year fixed-rate mortgage increased one basis point over the past week to an average of 2.19%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage fell by that same amount to an average of 2.42%.

For home buyers, the holding pattern mortgage rates have remained in for the past few weeks is welcome, given the likelihood of higher rates in the future.

“With inflation a simmering concern, when mortgage rates do begin to move, they will most likely move higher,” said Danielle Hale, chief economist at Realtor.com. “For homebuyers and refinancers alike, mortgage rates remain favorable, but may not remain so for long.”

While mortgage rates have remained stable in recent weeks, it has not led to an increased flow of applications from potential home buyers. The most recent mortgage application data from the Mortgage Bankers Association showed that the volume of applications for loans used to buy homes is down significantly in recent weeks.

Buyers remained constrained by the lack of homes for sale on the existing-homes side of the market, as evidenced by recent reports on the state of the housing market.

“Housing, while likely to remain reasonably solid, is not going to be as red-hot going forward as it had been, nor is it going to continue to slide for very long like it has recently,” Joshua Shapiro, chief U.S. economist at MFR Inc., wrote in a research report Wednesday.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

1691 Mill St, Eugene, OR 

Price: $980,000    Beds: 9    Baths: 4.0    Sq Ft: 3600

Restored 1905 Historic home. Sale includes 1691 Mill St. and 417 E. 11th Ave. Both homes are on the same tax lot. Currently a campus rental. 1691 has a 3 bedroom rental unit and a 2 bedroom rental unit. 417 has 2 two bedroom rental units. for a tota...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

The numbers are in for August 2021 home sales in the Eugene and Springfield area.  As you will see, there has been little change.  Home inventories remain very low, home prices continue to escalate and mortgage interest rates remain extremely low and favorable.  I will say that I feel we are on the edge of a market shift.  There are indicators starting to show that would suggest a change is on the horizon.  If you are thinking about selling your home in this strong market, don't wait.  There may not be much time remaining to take advantage of this sellers market.  Here are the August 2021 home sales numbers for Lane County.

New listings (600) increased 2.6% from the 585 listed in August 2020, and decreased 2.0% from the 612 listed in July 2021.

Pending sales (549) decreased 2.7% from the 564 offers accepted in August 2020, and increased 6.0% from the 518 offers accepted in July 2021.

Closed sales (486) decreased 0.2% from the 487 closings in August 2020, and decreased 2.6% from the 499 closings in July 2021.

Inventory and Market Time

Inventory increased to 0.9 months in August. Total market time decreased to 17 days.

Year-To-Date Summary

Comparing the first eight months of 2021 to the same period in 2020, new listings (4,236) increased 5.7%, pending sales (3,624) increased 4.6%, and closed sales (3,304) increased 9.5%.

Average and Median Sale Prices

Comparing 2021 to 2020 through August, the average sale price has increased 19.9% from $355,100 to $425,900. In the same comparison, the median sale price has increased 19.5% from $328,000 to $392,000.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

2941 Edgewater Dr, Eugene, OR 

Price: $1,125,000    Beds: 3    Baths: 4.0    Sq Ft: 3397

Don't miss this elegant 1-level executive home in a quiet cul-de-sac. Large covered patio w/ infrared ceiling heat & a gas fire table overlook a pond & waterfall making it a relaxing & private retreat. Spacious indoor/outdoor entertaining w/ Sonos s...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

This recent survey is interesting. As the lots our new homes sit on continue to get smaller in most areas of the country, the demand for larger lots and privacy is growing.  This could indicate that the value of older homes on larger lots will increase and demand for all that they offer grows.  Here is a recent survey that indicates this trend.

Americans want more social distance from their neighbors. A new Pew Research Center study finds a shift in home preferences since the pandemic with more consumers saying they want a larger home, even if it means local amenities are further away.

That marks a shift from 2019 when more Americans were desiring smaller houses that were “closer to each other, but schools, stores, and restaurants are within walking distance,” according to the Pew Research study.

Six in 10 U.S. adults surveyed say they would prefer to live in a community with larger homes that had a greater distance to retail stores and schools. That is up 7 percentage points since 2019. On the other hand, 39% of consumers surveyed say they prefer a community with smaller houses that are closer together and near amenities, down 8 points since 2019.

Americans want more social distance from their neighbors. A new Pew Research Center study finds a shift in home preferences since the pandemic with more consumers saying they want a larger home, even if it means local amenities are further away.

That marks a shift from 2019 when more Americans were desiring smaller houses that were “closer to each other, but schools, stores, and restaurants are within walking distance,” according to the Pew Research study.

Six in 10 U.S. adults surveyed say they would prefer to live in a community with larger homes that had a greater distance to retail stores and schools. That is up 7 percentage points since 2019. On the other hand, 39% of consumers surveyed say they prefer a community with smaller houses that are closer together and near amenities, down 8 points since 2019.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

1691 Mill Street, Eugene, OR 

Price: $980,000    Beds: 9    Baths: 4.0    Sq Ft: 3611

Restored 1905 Historic home. Sale includes 1691 Mill St. and 417 E. 11th Ave. Both homes are on the same tax lot. Currently a campus rental. 1691 has a 3 bedroom rental unit and a 2 bedroom rental unit. 417 has 2 two bedroom rental units. for a tota...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

A bright spot in the Real Estate world is that mortgage interest rates continue to hold at extremely favorable levels.  For home buyers this is huge as our local housing market seems to be shifting with more inventory available and what seems to be the beginning of prices coming down.  Here is a report on current mortgage rates.

Mortgage rates continue to hover at all-time lows, marking the ninth consecutive week that rates have averaged below 3%.

“The tug-of-war between the economic recovery and rising COVID-19 cases has left mortgage rates moving sideways over the last few weeks,” said Sam Khater, Freddie Mac’s chief economist. “Overall, rates continue to be low, with a window of opportunity for those who did not refinance under 3%. From a homebuyer perspective, purchase application demand is improving, but the major obstacle to higher home sales remains very low inventory for consumers to purchase.”

Additional housing inventories may be on the horizon, however. The National Association of REALTORS® reported this week that more listings arrived on the market in July, a trend that could continue into the fall months. Housing inventories increased 7.3% in July compared to June.

Low mortgage rates likely will remain a strong pull for potential home buyers. A rush to lock in a low rate may continue to propel the housing market. NAR predicts the 30-year fixed-rate mortgage to rise, expecting it to average 3.2% from October through December.

Freddie Mac reports the following national averages with mortgage rates for the week ending Aug. 26:

• · 30-year fixed-rate mortgages: averaged 2.87%, with an average 0.6 point, up slightly from last week’s 2.86% average. A year ago, 30-year rates averaged 2.91%.
• · 15-year fixed-rate mortgages: averaged 2.17%, with an average 0.6 point, rising slightly from last week’s 2.16% average. A year ago, 15-year rates averaged 2.46%.
• · 5-year hybrid adjustable-rate mortgages: averaged 2.42%, with an average 0.2 point, falling slightly from last week’s 2.43% average. A year ago, 5-year ARMs averaged 2.91%.

Freddie Mac reports average commitment rates along with average points to better reflect the total upfront cost of obtaining a mortgage.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

3403 Timberline Dr, Eugene, OR 

Price: $599,900    Beds: 4    Baths: 3.0    Sq Ft: 2542

Beautifully updated SW Eugene home on a gorgeous landscaped lot. An abundance of windows & vaulted ceilings allow for natural light throughout the day. Kitchen has granite counters & newer stainless steel appliances. Large master suite with w/in clo...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!