Eugene and Springfield area Real Estate Update 11/13/06

Good Monday Morning! Spring is happening!  The flowers are beginning to bloom and the leaves are coming out on the trees.  It is the beginning of a gorgeous time of year. The Eugene and Springfield Real Estate market also seems to be awakening from Winter.  There are more buyers out looking right now than there has been in months.  If this starts turning into sales, we should..(read more)

Good Monday Morning! Sunday was another Spring like day!  We will take all we can have. Mortgage loan interest rates climbed steadily for about a week and then dropped slightly at last weeks end.  With the poor economic news nationally, look for the Fed to drop short term rates again.  This could have an effect on mortgage interest rates and send them on the decline.  It has..(read more)

Good Monday Morning! Look for the Fed to drop short term rates again this week.  A bumpy ride with the bond market last week sent mortgage loan interest rates on the increase.  Rates did not jump considerably, but any increase at all is not good news for the already sluggish national housing market.  The mortgage loan situation continues to be tough.  If you are considering..(read more)

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Good Monday Morning! It looks like we have some better weather here for a few days!  We welcome what we can get this time of year. In a recent report on the current national Real Estate market, it looks as if our current market situation may be around longer than we first thought.  It is now being predicted that our market down turn will most likely last for about 3 more years.  The..(read more)

Good Monday Morning! If you are looking for a change in the Real Estate market you will have to look outside of the Eugene and Springfield area.  There really has been little change over the past several months and I don't look for much change in the months ahead.  This is why our current market remains one of the most opportune times to purchase a house that there has been in decades. ..(read more)

Good Monday Morning! The white stuff paid a rare visit to our area over the weekend.  It is gourgeous outside! Nationally, the housing market had it's worst performance in 25 years last month.  Locally, we continue to dodge the bullet that has hit the national market.  The recent drop in mortgage interest rates actually is breathing some new life into home sales in our area. ..(read more)

Good Monday Morning! Happy Martin Luther King Day!  For all of those who have today off, enjoy the sunshine! Mortgage interest rates continue their slow decline.  Will the housing market react?  This is a very good question. The Federal Government does not feel confident that the current low rates are enough and they will continue to drop their short term rates.  This does not..(read more)

Good Monday Morning! It was certainly nice to see sunshine on Sunday! Nationally, the housing market continues to slump.  Look for the Feds to make further moves to kick start housing by dropping the prime again. Also, look for a substantial drop this time.  How much effect this next drop has on mortgage interest rates is yet to be seen.  Rates are already at a 3 year low and a further..(read more)

Galand Haas, Good Monday Morning! The Holiday bustle is over and it's now back to life as usual.  It is also that time of year that we traditionally see the Real Estate market pick up steam.  Here in the Eugene and Springfield area we have not wasted any time in picking up the pace.  One large reason for a surge..(read more)