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Good Monday Morning!
Wow! Mother nature put on her own fireworks display Sunday with a rare lightning storm in the Eugene and Springfield area. It was quite a show.
Home values in our area continue to slide downwards. Even though the rate of decline has slowed, homes in the Eugene and Springfield are generally worth much less than they were at the peak of the market back in 20006. It is difficult to say if we will continue the decline in home values here or if we will plateau and then begin a slow increase again in a year or two. Much of the answer here rests with what happens with both mortgage interest rates and the local economy. At this point I will go out on a limb and speculate that we will continue to lose home value here for another 6 to 12 months. The amount of that decrease will depend on the factors mentioned previously. For that reason the selling of your home right now may be a decision that you really want to weigh out. If you would like help with that process, I would be more than happy to consult with you and help you analyze the situation. Just like selling stocks or other investments it is wise to seek professional help to determine your best options.
You can also receive a detailed look at your homes current value by visiting the web site www.forhomesellers-nonSmartZip.com. At this site you can enter in details about your home and then a complete value analysis will be e-mailed to you. You will also receive updated value reports on your home by e-mail each month. This is free and it is a great way to keep in touch with the local housing market and with the value of your home.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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3656 PLUMTREE DR, EUGENE, Oregon
Description: Very cute home in quiet neighborhood, with great floor plan that shows off a spacious living room with fireplace, cute dining area & kitchen, lots of hall storage, 3 great bedrooms and 2 full bath .... |
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
