You Need to know Your Homes Current Value!
Good Monday Morning!
Happy Presidents Day!!!!!
Over the past several months I have completed several hundred Market Value Analysis reports for residents in the Eugene and Springfield area. The primary reason for these reports is to give someone who has an interest or need in selling a home an approximate idea of what their home value is on the market today. The typical result of this is that not only do the home owners go into sticker shock, but so do I. Home values in most areas have dropped so drastically that even after doing hundreds of these reports and looking at hundreds of other homes currently on the market, the low prices of many homes in this market is shocking. Not only are many prices well below county assessed values, but many of the homes are worth far less than what the owner paid for them. As we watch even more homes in our area go onto the nod (notice of default) list, the pressure on home pricing continues. The more homes that we see go into foreclosure and short sale, the more pressure there will be on home prices. Unfortunately, the nod list is not getting any less lengthy at this time. This certainly could indicate that home value will continue their decline for quite some time in this market area.
If you live int he Eugene and Springfield or surrounding Lane County area you can easily get a good look at what your homes value has done. Just log onto www.forhomesellers-nonSmartZip.com. Here you can enter in the details about your home and quickly receive a complete e-mail report on your homes current market value. The report will then be repeated and sent to you each month by e-mail. It is just a great way to keep on top of what is taking place with your homes value.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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290 25th Street
Very nicely updated home including brand new roof, vinyl windows, 100% Alder cabinets, Hardie plank siding, granite countertops, new appliances, new carpet, fresh paint, gorgeous fixtures on large lot w/ great landscaping in front. With a cute deck,...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
