Eugene Oregon Real Estate Blog

Eugene and Springfield area Real Estate

Galand Haas

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December 2010 Real Estate Sales Numbers for Lane County

by Galand Haas

Good Monday Morning!

It was a bit soggy over the weekend.  The good news is that the weatherman is predicting improvement this week and some sun.

The numbers are in for our December Eugene and Springfield Real Estate market.  Yes, the market appears to continue it's slide, but with a little less steam.  Closed sales for December of 2010 were down 6.1% from December of 2009, while Pending sales were off only 2.2% for the same time period.  Closed sales were off just under 1% from the previous month while Pending sales were off by 13.2%.  New listings took a sharp decrease and were down 25.2% from the previous month.  The average sales price continued to drop and was down 6.7% from December of 2009 and now stands at $205,800.  There is currently 8.1 months of active home inventory, which indicates that we are clearly remaining as a buyer's market.  

The good news is that our market decline seems to have slowed some.  National economists predict that the housing market will continue it's decline over the first 3 quarters of 2011.  If the trend holds and the decline is low then the overall impact to our market may be minimal and hopefully we will see bottom sometime this year.  With mortgage interest rates remaining very low the opportunity for home buyers just continues to improve.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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3105 Herald Lane
Price: $575,000 Beds: 4 Baths: 2 ∏ Baths: 1 Sq Ft: 3507
Gorgeous luxury home featuring open design, vaulted ceilings, granite counters, Brazilian cherry wood floors, formal dining, office/den, lg kitchen & great rm, upstairs master suite, lg bonus & garage w/ options. Kitchen incl. cherry cab., gas, appl...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

New Matthew Knight Arena in Eugene (Video)

by Galand Haas
VideoVideo

I saw the new Matthew Knight Arena last weekend and had a blast. Here's your chance to see it if you haven't done so yet - University of Oregon is selling $2 general admission tickets for women's basketball. The tickets are available at GoDucks.com for Saturday games against Cal (1/29), USC (2/12), and Arizona (3/5).

As you can see from the video it is an amazing facility with tons of great seats.  See you there.

Galand

Video Link: http://eugeneoregonhomesforsale.com/video/Matthew-Knight-Arena-University-of-Oregon

Sincerely,
Galand


Galand Haas, Keller Williams Realty
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VideoVideo

Good Monday Morning!

Real Estate sales in the Eugene and Springfield area continue to slump.  January saw 160 closed Real estate transactions in Lane County and February saw 161 closed sales.  This is an extremely low number in comparison to a normal market.  Just think, there are over 700 Real Estate Agents in the Eugene and Springfield area.  This low number of home sales is putting much more pressure on home prices, so as a result look for home values to continue their decline.

This is not such great news for home sellers, but for home buyers it means that there are some great opportunities in this market.  There are also more Foreclosure properties hitting the market and these also offer some potential for a great deal on a home.  If you would like to receive a weekly list of Foreclosure and Bank Owned homes by e-mail just visit the web site www.eugenebankowned.com.  By registering at this site you will receive a weekly list of the most recent homes to hit the foreclosure list.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-US-March-2010



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Good Monday Morning!

A recent statistic that came out from the National Association of Realtors shows that over 89% of all home sales last year originated by the seller using the internet to assist in finding their new home. It is no wonder that so many home buyers find the internet as the easiest place to view properties.  The type of searches with easy access to all properties along with photos and virtual tours enables buyers to do a cyber walk through of listed homes.  The one local web site that will offer anyone looking for homes in the Eugene and Springfield complete access to homes for sale which meet their search criteria is www.forhomeinfo.com.  Once you have signed up this site will e-mail all homes meeting your search criteria and also update you daily by e-mail as new home hit the market.  If you are wanting to keep a watch on bank owned and and foreclosed homes then www.eugenebankowned.com will furnish you with a complete weekly list of all bank owned and foreclosed homes listed for sale in the Eugene and Springfield market area.  

It's a great time to buy a home.  The affordability factor has never been better.  So, go on line and start exploring the great home buys that are available today.

Have An Awesome Week!

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2055 Elanco Avenue
Price: $279,900 Beds: 3 Baths: 2 Sq Ft: 1856
Beautifully remodeled home with a spacious & modern floor plan featuring skylights, vaulted ceilings and high-end materials that include commercial-grade lam floors, well-padded new carpeting, custom lighting and so much more. With a space-efficient...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Video Update On National Housing Market

by Galand Haas
VideoVideo

Good Monday Morning!

Today you are receiving the first of a monthly National Real Estate video that is produced by Keller Williams Realty International.  I will be sending this very informative monthly video message out at the beginning of each month.

Have An Awesome Week!


Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-In-Real-Estate-US-January-2011

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3615 Waterbrook Way
Price: $435,000 Beds: 4 Baths: 3 Sq Ft: 2863
Gorgeous custom home in Ashley Estate offering a fantastic floor plan w/ lots of extras! Featuring Brazilian cherry wood floors, granite counters, vaulted ceilings, stainless steel appliances, formal dining w/ french doors, oversize 3-car garage, RV...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Blog test April 3

by Galand Haas

 

 

 

Typical message that gets sent out regarding eugene oregon real estate?

Video Link: http://rpsdemo.com/video/The-National-Association-of-Realtors-Said-Sales-Of-Existing-Homes-Rose-123-in-December

February 2011 Market In Eugene Area Declines!

by Galand Haas

Good Monday Morning!

The statistics are in and yes the Real Estate market in the Eugene and Springfield area continues to change.  Here is what the month of February looked like in comparison to February of 2010.

Closed home sales were down 10.1% from February of 2010 and Pending home sales fell 19.9% for the same time period.  The number of new home listings hitting the market also declined by 27.5% over the same period in 2010. The average sales price dropped by 15.4% from February of 2010.  

The better news is that Closed sales were actually up from January of this year by 4.6% and Pending sales were up by 14.4%.  New listings were off by 12.1% from February of last year. 

The average sales price of  homes in the Eugene and Springfield area dropped from $197,800 in January 2011 to $179,400 in February of 2011.  This is a decline of 9.3% in one month.  There was 11.9 months of active home inventory in February of 2011 and this is in comparison to 10.9 months in February of 2010.  The average time it took for a home to sell in February of 2011 was 170 days and this compares to 136 days in February of 2010.

Have Ane Awesome Week!

THIS WEEKS HOT HOME LISTING! 

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1004 54th Street
Price: $345,000 Beds: 3 Baths: 2 Sq Ft: 1700
Enjoy a spacious .99 acre lot in the city! This charming home has many features including granite counters and cooking island in the kitchen, a fireplace in the living room, and a master bedroom with french doors and his-and-her closets. Relax in a ...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Galand Haas, Keller Williams Realty Eugene and Springfield

February 2011 Video Details National Real Estate Market

by Galand Haas
VideoVideo

Good Monday Morning!

You can't beat our Spring like weather.  Especially when you see what the rest of the nation is dealing with.  It certainly makes you feel very fortunate to live in the Eugene and Springfield area.

Although mortgage interest rates have ticked up slightly, they still remain at historic low levels.  We know that inflation is looming and at some time the bubble will burst and rates will go well above their current level.  Todays rates in combination with significantly lower home values is allowing large numbers of people who simply have not been able to purchase a home before to be able to jump in and become home owners.  The kind of opportunity that home buyers have today is rare and just like the sellers market of several years ago, it wont last forever.  

THIS MONTHS HOT HOME LISTING!

 

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-In-Real-Estate-US-February-2011

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1004 Leopold
Price: $257,500 Beds: 4 Baths: 3 Partial Baths: 1 Sq Ft: 2715
A beautiful & luxurious home built along a wonderful park. This spacious home includes 2 master suites (1 upstairs & 1 downstairs), large kitchen, formal dining, open living room with gas fireplace, an upstairs bonus & plenty of storage throughout. ...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

January 2011 Home Sales Stats For Eugene and Springfield

by Galand Haas

Good Monday Morning!

The monsoon rains have hit the Eugene and Springfield area and it looks like they are here for a few days!  We will certainly welcome the return of sunshine.

January showed a 2.7% increase in home sales nationally.  This is good news for a country starving for any signs of recovery from this long recession.  It will be even more exciting if this becomes a trend and if the increase jumps to 5% or higher.  The interesting fact is that at the same time that sales went up, home prices continued to decline nationally and even free fall in some markets.  The other interesting fact is that with home mortgages remaining hard to obtain the number of cash sales lead the way and were the true reason for the sales increase.  With home prices continuing their decline look for cash sales to become even a larger part of the purchase market in the months ahead.  

Have An Awesome Week!

THIS MONTHS HOT HOME LISTING!

Image Unavailable
3615 Waterbrook Way
Price: $420,000 Beds: 4 Baths: 3 Sq Ft: 2863
Gorgeous custom home in Ashley Estate offering a fantastic floor plan w/ lots of extras! Featuring Brazilian cherry wood floors, granite counters, vaulted ceilings, stainless steel appliances, formal dining w/ french doors, oversize 3-car garage, RV...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Things Never Stay The Same In The Real Estate World

by Galand Haas

Good Monday Morning!

Merry Christmas to all!  

One thing for sure is that events never sit still in the Real Estate world.  Over the past month, mortgage interest rates on both 30 year and 15 year financing have increased.  The increase has been about 1/2 of one percent.  Even with this, the rates are below where they were at this same time period last year and historically they remain extremely low.  With the increase though comes a potential slow down in home sales.  Increased rates mean that fewer people can qualify for financing and the higher rates also have a negative effect on consumer confidence.  The truth is that the higher rates will push home prices down even further and in most cases this will more than compensate for the slight increase in interest rates.  

Inflation or the fear of inflation may push rates even higher in the months ahead.  This would certainly have a negative effect on home sales and home inventories would build.  Pressure on home prices would be the immediate result.

If you are thinking of selling your home or have have a home on the market, your best bet is to cut to the chase and price your home to sell quickly before your homes value declines even further. Remember, that if you are buying on the other end of the transaction the home you are purchasing is going to have a lower value as well.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
29460 Awbrey Lane
Price: $258,000 Beds: 3 Baths: 1 ∏ Baths: 1 Sq Ft: 1845
Seemingly ageless 1910 home that has been completely refurbished featuring an open floor plan w/ gorgeous wood floors, large modern kitchen, formal dining, family room & huge laundry/utility. Upstairs master along with guest beds. Outside offers spa...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Sincerely,
Galand

Displaying blog entries 641-650 of 873

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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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