The Real Estate Market is Heating Up
Both nationally and locally it looks like the Real Estate market is heating up. All of the fire however is in the price ranges that are either available to first time buyers or investors. This is certainly the situation here in the Eugene and Springfield market area. Homes under $150,000 that are in good areas and cash flow as rentals are moving quickly. Multiple offers are even taking place on many of these homes, especially those under $100,000. It is my observation that at this time, homes that fit into these categories are no longer subject to a buyers market. This fact is proven by the fact that inventories of homes in the under $125,000 price range are well under 6 months. 6 months of inventory is the division between a sellers and buyer market. Over six months and it is a buyers market, under it is a sellers market. Don't look for this trend to change at any time soon. Investors who are late to jump in, just may have missed the best part this market.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTINGS!
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2848 Metolius Drive
Fantastic home! Inside features open floor plan, vaulted ceiling living room with fireplace, large family room with slider to backyard, dining room with slider to deck, well-sized bedrooms, laundry, great updates throughout! Large master suite with ...
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704 Sprague St
Light & Bright Charming Home! High ceilings in living and family room, large windows for lots of natural light, fireplace with marble surround, travertine stone floors, kitchen with granite counters and slate backsplash overlooking family room, dini...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
