Good Monday Morning! Here is this months Eugene and Springfield Real Estate update! Have An Awesome Week!

Video Link: http://galandhaas.com/video/Galand-Haas-EugeneSpfld-Market-Update

3640 Meadow View Drive Price: $625,000 Beds: 3 Baths: 3 Partial Baths: 1 Sq Ft: 4100 Magnificent Home on the Golf Course! Wonderful views from almost every room! Formal dining room, office, butler’s pantry, entertainment room with bar and see-through fireplace. Vaulted ceilings, lots of windows, beautiful archways and finishes... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

3 bedroom, 1 bath home in need of TLC. Located just outside of town, close to high school. Large backyard backs up to open field, storage shed, lots of potential.

Magnificent Home on the Golf Course! Wonderful views from almost every room! Formal dining room, office, butler’s pantry, entertainment room with bar and see-through fireplace. Vaulted ceilings, lots of windows, beautiful archways and finishes, marble tile and cherry wood floors. Large master suite with balcony, walk-in closet and fireplace! Backyard offers gas firepit with granite slab surround, wrought iron fence, large patio, plus 4-hole putting green! Too much to list!!

Good Monday Morning!

It was an interesting week in the Eugene and Springfield area with all of the wind and rain.  The short break between storms is a welcome site.

Most homeowners in our area are very curious about what has taken place with their home value over the past several years.  Everyone knows that the value of their home has dropped, but few know how much the value has actully decreased.  The amount of value change can vary significantly from area to area and home to home.  The best way to get a true picture of your homes value is to call me and have me visit your home.  From this I can give you a very detailed and accurate view of your homes present value.  Just call me if you would like me to do this for you.

If you want an easy and quick look at your homes current market value you can also log onto the web site www.forhomesellers.com.  At this web site just enter in your homes information and you will be furnished with a fairly detailed look at your homes present market value by e-mail.  The great thing about this system is that it will send an updated report to your in box every month and it is completely FREE.  

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

29296 McTavish Ln Price: $625,000 Beds: 2 Baths: 2 Sq Ft: 2013 Amazing log cabin with classy appeal. Private, paved driveway leads to the carport. Great room offers stone fireplace & wonderful view of the valley with windows to exposed wooded beams. Adorable kitchen with island. Master suite offers amazing view... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

What a surprise!  We all woke up this morning to a bit of the white stuff on the ground.  It looks like it may be here for a day or so.  Drive safely!!

The December numbers are here for the Eugene and Springfield Real Estate market.  Our trend of lower home invetories and falling prices continues.  

For December 2011 closed home sales were exactly the same as for December of 2010 at 230 closed sales.  Pending sales however increased by a whopping 28.8% over December of last year.  The number of new listings hitting the market in December of 2011 fell 5.3% from December of last year.  

Closed sales in December were up over November at 230 to 214, which is a 7.5% increase.  Pending sales increased by 1.8% over the same time period.  New listings were off by 30% in December over November.

In December there was 6.4 months of active home inventory on the market.  This is substantially less than the 12.4 months of inventory that we saw in January of 2010.  Also, remember that 6 months of inventory is the dividing line between a buyers and sellers market. Over 6 months is a buyers market and under is a sellers market.  With low home inventories right now, if you are considering a home sale this year, "DO NOT MISS THIS CURRENT SHORT WINDOW OF OPORTUNITY"!

The average sales price coninued to decline and was off by 3.2% from December of 2010.  The average sales price now stands at $199,100.  The average time it took a home to sell in December 2011 was 130 days.

THIS WEEKS HOT HOME LISTING!

7321 B Street Price: $172,900 Beds: 3 Baths: 2 Sq Ft: 1734 Nice family home with an open spacious living room and kitchen. Park-like backyard with trees and paths. Sunroom for entertaining. RV parking and fenced yard.... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Video Link: http://galandhaas.com/video/This-Month-in-Real-Estate-US-January-2012

29296 McTavish Ln Price: $625,000 Beds: 2 Baths: 2 Sq Ft: 2013 Amazing log cabin with classy appeal. Private, paved driveway leads to the carport. Great room offers stone fireplace & wonderful view of the valley with windows to exposed wooded beams. Adorable kitchen with island. Master suite offers amazing view... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

It is hard to believe, but 2012 has roared in and we are all moving forward into the New Year! I wish you a Happy and prosperous 2012!!!

2012 starts out with a bright spot in the Real Estate market and that is the continuation of historic low mortgage interest rates. 2011 saw rates hit record lows and hold that pattern throughout the year.

 In Freddie Freddie Mac's results of its Primary Mortgage Market Survey®, the average fixed mortgage rates finishing the year near their all-time historic lows helping to keep homebuyer affordability high. Averaging 3.95 percent, the 30-year fixed has been at or below 4.00 percent for the past nine consecutive weeks and only twice in 2011 did it average above 5.00 percent. This has certainly helped the national Real Estate market by making home purchases affordable and helping to make loan qualification a possibility for many who otherwise would be out of the home purchase market.  

Will mortgage rates continue this low level during 2012?  Indications at this time point to a positive "YES"!  This should hold true for no less than the first half of 2012.  With the prediction that homes values will continue their decline in most national markets through 2012, the possibility on home ownership may become even more realistic for many.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

46747 Goodpasture Rd Price: $925,000 Beds: 4 Baths: 3 Sq Ft: 3124 Custom home with awesome river views! Great room welcomes you with spacious rooms, numerous windows and skylights, vaulted ceiling with wood columns, detailed custom woodwork throughout. Master suite includes his-&-her closets and sinks, soaking tub... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

The last week of the year 2011 is upon us.  Our local housing market in the Eugene and Springfield area saw many changes during this year.  We experienced a continuing decline in home values across the market and also watched as mortgage default rates increased significantly as well. Even though it was not a great year for home owners, home buyers were able to take advantage of low home values and historic low mortgage interest rates.  For buyers who could qualify for financing  there were many very good opportunities.

What will 2012 look like?  Although nobody knows for sure, it will most likely not see considerable change from 2011.  Home values in the Eugene and Springfield area will most likely continue to decline for most or all of 2012 and foreclosures and short sales will conitinue to be a large percentage of the market.  Home sellers will most likely continue to have to be very competitive with pricing and be patient waiting for a buyer.  Home buyers will most likely continue to see very low mortgage interest rates through most of the year and will coninue to be able to capitalize on the attractive home prices.  By the end of 2012, I hope to see our market hitting it's low point.  This would most likely indicate the start of a flat market for the next 3 to 4 years, which would be an improvement from our declining market and indicate the beginning of better times to follow. 

We need to remember that many things influence the home market and the economy and that predicting the Real Estate markets future is certainly not an exact science. Even though most of us wish that the housing market would improve over night we have to reember that history shows that this market does not spin on a dime and that change takes time.  

As before, I will continue to keep you updated on both the local Eugene and Springfield housing market and the national housing market throughout the coming year.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

46121 Goodpasture Road Price: $550,000 Beds: 4 Baths: 3 Sq Ft: 3407 Beautiful, secluded, custom home on the banks of the McKenzie River, featuring a 32ft vaulted ceiling, 2 fireplaces, heated floors, skylights & gorgeous deck. Downstairs offers a lg kitchen with hickory cabs, stainless steel appliances, huge living ... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

The statistics are in for November home sales in the Eugene and Springfield area and it looks as if our local housing market is continuing with it's trend of slower sales and falling home prices.  In November of this year closed home sales declined by 7.8% from November of 2010. Pending home sales rose slightly over the same period by 0.6%.  Closed home sales fell 10.5% this November from the month before and pending sales were off by 19.4% for that same time period.  The number of new listings also was off by 2.1% from October of 2011 to November of this year.  There is currently 8.2 months of active inventory on the market, which means we are continuing with a strong buyers market.  The average home sales price fell by 5.5% from November of 2010 and is now at $191,700.  The average time it took a home to sell in November of 2011 was 143 days.

Mortgage interest rates have remained fairly steady and are remaining at historic low levels.  The climate for purchasing Real Estate in the Eugene and Springfield Market area could not be better.

If you would like to receive a weekly e-mail list of all Bank Foreclosure homes listed for sale in the Eugene and Springfield area, log onto the website http://www.eugenebankowned.com and sign in.  You will start receiving this informative weekly home list.

Have A Very Merry Chritmas!

THIS WEEKS HOT HOME LISTING!

4450 S. Shasta Loop Price: $650,000 Beds: 3 Baths: 3 ∏ Baths: 1 Sq Ft: 3874 Stunning ICF constructed Tuscan style home! Enjoy media, family room, guest room and spa room! Great separation of space, skylights, fireplace, large kitchen with 2 sinks, pantry, lots of storage, and nook. Two bedrooms with in-room vanities. Master... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Stunning ICF-constructed, custom home! Enjoy media, family room, guest room and spa room! Great separation of space, skylights, fireplace, large kitchen with 2 sinks, pantry, lots of storage, and nook. Two bedrooms with in-room vanities. Master suite includes 2 sinks, walk-in closets, sitting areas, soaking tub, plus bonus room and private balcony! Custom details throughout including milled beams, Port Orford mantle, wall mural, and European design pine furnishings. Fountains, patio & storage areas, and tea house overlooking the gardens! A rare find!

Good Monday Morning!

Tired of the cold and fog yet?  If you are, just remember that more rain is just around the corner.  Hopefully, we will continue to see the sun that we have today for many more day to come.

Since many people are making the choice not to sell their home in this market the thought of making improvements is high on the list of many homeowners.  The question is what upgrades are going to add value?  In most markets any upgrades that improve the homes effective age are good investments.  This means updating carpets, paint, windows, roofing, siding, fixtures, hardware, etc. may all have a long term positve effect on a homes long term value.  Also, doing repair work such as taking care of dry rot, replacing outdated electric panels, plumbing, etc. will most likely add value.  Modest improvements in landscaping can also add value over time.  Generally stay away from adding pools, large decks, spas, sound systems, etc. that may be nice for you the homeowner, but may not actually add value to your home.  Putting on large additions or doing extensive remodels may also not increase your homes value enough to compensate for the costs.  Be cautious!

As the market cycle changes, home values will begin to increase once again.  Investing wisely now may pay you back handsomely in the future.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

7321 B Street Price: $172,900 Beds: 3 Baths: 2 Sq Ft: 1734 Nice family home with an open spacious living room and kitchen. Park-like backyard with trees and paths. Sunroom for entertaining. RV parking and fenced yard.... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Nice family home with an open spacious living room and kitchen.  Park-like backyard with trees and paths. Sunroom for entertaining. RV parking and fenced yard.

Good Monday Morning! Congratulations to the University of Oregon Ducks football team for winning their third straight Pacific 12 Championship and earning the right to play Wisconsin in the Rose Bowl on January 2, 2012. If you are considering the sale of your home in the near future, I would suggest that you consider putting your home on the market sooner rather than later.  One of the biggest problems home sellers have faced over the past several years in competition in the market.  The inventory of homes for sale typically reaches it's lowest points in November, December, January, February and March. Homes on the market during these months will face far less competion.  To date, this year has been the same as we are now watching the inventories of good homes on the market hit levels that make it tough for home buyers.  Your chances of selling your home and obtaining top dollar are best if you act quickly and get your home on the market before the Spring rush.   Have An Awesome Week!

Video Link: http://galandhaas.com/video/This-Month-in-Real-Estate-US-December-2011

85075 Ridgetop Drive Price: $375,000 Beds: 4 Baths: 2 Partial Baths: 1 Sq Ft: 2354 Gorgeous getaway minutes from town! 5 acres with amazing mountain views! Very light & bright w/ hardwood flrs & underground sprinklers. Master suite has his-&-her sinks, soaking tub, shower, & slider to balcony! Kitchen with eating bar & pantry, liv... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

There is some good news for our housing market in the Eugene and Springfield area.  We had another month of increased home sales.  For October of this year closed home sales were up by 14.4% over 2010 and Pending sales were up by 7.3% for the same time period. New listing were down again and were off by 18.1%.  A personal observation on listings notes that the majority of the new listings are distressed sales and that those homeowners who do not have to sell are making the choice not to sell in this market.  This has actually created a short supply of homes in some areas, especially in the price ranges of $175,000 and below.

Closed home sales fell in October from September by 7.4%, but pending sales were up by 18.3% for the same time period.  The number of new listings hitting the market fell by 9.2% for the same time period.

There is currently 7.6 months of active inventory of homes for sale.  The average sales price declined again and fell by 2.9% from October of last year and now rests at $203,800.  The average time it is now taking for a home to sell is 141 days.

As long as mortgage interest rates remain constant and home inventories continue to decline, this trend should remain fairly constant.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

2594 Pierce Street Price: $235,000 Beds: 4 Baths: 2 Sq Ft: 2139 Contemporary with great views of nature! Great open floor plan, wood floors throughout most of home, skylights in almost every room, large entry, vaulted ceilings, kitchen with eating bar and area. Master suite with walk-in closet. Plus good size lo... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Initially designed for protection from bad weather, covered bridges have become popular for their vintage beauty and old-fashioned ambiance.  

Lane County, Oregon stretches from the Pacific Ocean in the west to the Cascade Mountain Range in the east, a distance of about 100 miles. Amid the vast county’s cities and towns, ranches and forestland you will discover twenty of these magnificent structures, which tops all other counties west of the Mississippi River.

While each bridge has its own unique charm, seventeen of the twenty can be found on the prestigious National Register of Historic Places.

Speaking of lists, all twenty of Lane County’s covered bridges are listed below, along with the date they were built. But first, in order to get started on our tour, here are some highlights of two bridges chosen at random:

Wildcat Bridge, Built 1925

Spanning 75 feet over the rushing, bubbling waters of Wildcat Creek, Wildcat Bridge has a sparkling coat of white paint and was constructed with a long, narrow opening on its west end so that drivers can easily spot oncoming traffic.

Wildcat Bridge is reached most easily from Eugene by taking Oregon State Highway 126 about 30 miles west of the city, toward the Pacific Ocean, and following the Whitaker Creek/Clay Creek Recreation Area turnoff to Siuslaw Road. Take Siuslaw Road to Austa Road (approximately 200 feet), travel under the overpass to the bridge.

Wildcat Creek meets up with the Siuslaw River near Wildcat Bridge, and there’s a boat landing on Austa Road that allows fishermen and other boaters easy access to the water.

Goodpasture Bridge, Built 1938

Goodpasture Bridge spans 237 feet over the mighty McKenzie River, which is almost three times the length of Wildcat Bridge.

Named after a family of settlers who put down routes near the present-day hamlet of Vida, Goodpasture Bridge is an architecture lover’s dream come true. It was built with ten Gothic-style louvered windows on both of its sides, as well as false end beams and semi-elliptical portals.

And if you’re in Eugene over the holidays, it’s worth it to take the roughly 30-mile drive to Goodpasture Bridge (off Highway 126 east of Vida) and check out the lights and decorations festooned about the structure.

As promised, here is the complete listing of Lane County’s covered bridges. For much more detailed information, as well as photos and a map, check out Lane County’s electronic Covered Bridge Brochure.

• Belknap Bridge, 1966
• Cannon Street Bridge, 1988
• Centennial Bridge, 1987
• Chambers Bridge, 1925
• Coyote Creek Bridge, 1922
• Currin Bridge, 1925
• Deadwood Bridge, 1932
• Dorena Bridge, 1949
• Earnest Bridge, 1938
• Goodpasture Bridge, 1938
• Lake Creek Bridge, 1945
• Lowell Bridge, 1928
• Mosby Creek Bridge, 1920
• Office Bridge, 1944
• Parvin Bridge, 1921
• Pengra Bridge, 1938
• Stewart Bridge, 1930
• Unity Bridge, 1936
• Wendling Bridge, 1936
• Wildcat Bridge, 1925

Good Monday Morning! I hope that you have a wonderful week and a fantastic Thanksgiving Day!  With all that each one of us deal with in our lives it is important that we stop and think about the things that we should be thankful for and also to simply remember to say thank you to others!   Have An Awesome Week!

Video Link: http://galandhaas.com/video/THANKY-YOU-A-Minute-With-John-Maxwell-Free-Coaching-Video

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Along with education, the primary mission of Eugene’s Cascades Raptor Center is to rescue, rehabilitate and ultimately release ailing, wounded and orphaned raptors (birds of prey) and other wildlife. The center accomplishes this with the latest state-of-the-art medical treatment and care.

The Cascades Raptor Center houses 60 birds of prey from 33 species, including:

Owls

• Barn Owl
• Barred Owl
• Burrowing Owl
• Great Gray Owl
• Great Horned Owl
• Long-eared Owl
• Northern Pygmy Owl
• Northern Saw-whet Owl
• Northern Spotted Owl
• Short-eared Owl
• Snowy Owl
• Western Screech Owl

Vulture

• Turkey Vulture

Eagles

• Bald Eagle
• Golden Eagle

• Cooper's Hawk
• Ferruginous Hawk
• Northern Goshawk
• Northern Harrier
• Red-shouldered Hawk
• Red-tailed Hawk
• Rough-legged Hawk
• Swainson's Hawk

Corvids

• American Crow
• Black-billed Magpie
• Raven

Falcons

• American Kestrel
• Merlin
• Gyrfalcon
• Peregrine Falcon
• Prairie Falcon

Kites

• White-Tailed Kites

The Cascades Raptor Center not only brings these majestic creatures into local schools and to some particular public events, but also has a beautiful home on a shady, peaceful hillside on the southeast side of Eugene that’s open to the public.

The Center’s hours and admission fees are as follows:

• Public Visitation: Tuesday - Sunday
• Winter Hours: (November - March), Noon – 5:00 p.m.
• Handler Talks: Sat & Sun @ 1:00 p.m.
• Summer Hours: (April - October), 10:00 a.m. – 6:00 p.m.

Admission Fees:

• Adults: $7
• Teens/Seniors: $6
• Children under 12: $4
• FREE to Members Click to Join

Groups: Call 541-485-1320 for an appointment and special rates

The Cascades Raptor Center’s mailing address is: 32275 Fox Hollow Road in Eugene, OR 97405. Click here for directions to the center.

Good Monday Morning!

Today's Real Estate market certainly offers many challenges to anyone who is trying to sell a home.  Not only are prices lower, there are fewer buyers and in most cases the competition is heavy.  I have found that in this market a home seller must do everything possible to stack the odds in their favor.  Of greatest importance is pricing.  Homes that are not priced competitively just don't sell.  Second in importance is appearance.  Homes that are staged and in good repair have a huge edge over those that are not.  Of importance are exterior and interior paint, home furnishings, no clutter and upgrading appliances, carpets and window coverings, etc.  The better the home appears and the more updated the home is the easier it will be to sell.  In this market this is money in the sellers pocket.  My advice to most clients is to consult with a professional stager or home decorator before putting their home on the market.  A few dollars spent getting professional help can bring huge rewards down the road.  As I tell all sellers, "in todays market you are not only in a price war, but you are also in a beauty contest".  

THIS WEEKS HOT HOME LISTING!

4085 Eddystone Place Price: $305,000 Beds: 4 Baths: 3 Sq Ft: 2518 Stylish and spacious! Vaulted ceilings, skylights, open floor plan, well-sized bedrooms and large windows make it very light and bright inside. Living and family room, fireplace, utility, plus bonus room. Master suite with his and her sinks, shower ... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

In the interest of providing you with accurate, up-to-date and unbiased information on the real estate market in Eugene, Oregon, here are some vital statistics taken from the real estate aggregating website Trulia:

• Average Listing Price (week ending 10.26.2011): $288,777, down 0.3% ($821) compared to the prior week
• Median Sales Price: $204,950 down 4.7% ($10,050), based on 388 home sales from July to Sept., 2011
• Average Price Per Square Foot: $152, down 3.2% compared to the same period last year
• Number of Sales: 388, +3.5%

Definitions

These dollar amounts and percentages might seem self-evident, but just to be clear, here’s a paraphrasing Trulia’s definition of these terms:

Average Listing Price
This is based on daily average prices for the most recent week on new and resale houses listed on Trulia, which says it updates these prices weekly.

Median Sales Price
This is the median residential sales price for the latest 90-day period for which sales are available to the public. It is the price at which 50% of the homes sold for more than the median price and 50% of the homes sold for less than the median price. Median sale price is restructured each week as fresh sales data is released.

Average Price per Square Foot
This is determined using sales from the most recent 90-day period and kept up-to-date weekly from the latest transaction data available via public record sources.

Perspective Is Reality

In order to put the above numbers into the proper perspective, you need to compare them with the numbers for some of the other cities near Eugene. Once again, we turn to the real estate website Trulia for these figures (for more details, click on the city):

What Do All These Stats Mean To Me?

If you are or think you might soon be buying or selling a home in Eugene, use these facts and figures as a base on which to make well-informed decisions about property transactions. Information is power, after all, and empowerment gives you confidence.

And when it comes to the amount of time, money and, let’s face it, emotion involved in home sales transactions, regardless of whether you’re the buyer or the seller, you want all the power and confidence you can get.

Good Monday Morning! First time home buyers continue to make up the majority of home sales in the Eugene and Springfield area.  Affordable homes in the price ranges below $200,000 are continuing to be the most desireable homes on the market.  This is also where we are seeing the lowest inventory numbers at this time.  Also many homes in this price range are distressed properties, which means they are either bank foreclosures or short sales.  Most likely the demand for these homes will continue strong in the future as well and inventiries may also remain low.   Have An Awesome Week!

Video Link: http://galandhaas.com/video/This-Month-in-Real-Estate-US-November-2011

1336 Tamarack St Price: $165,000 Beds: 4 Baths: 2 Sq Ft: 1471 Wonderfully updated home with huge backyard. On quiet street close to park and schools. Features light and bright living room with brick fireplace, well-sized bedrooms, updated baths, master suite with walk-in closet. 4th bed could be an office. New... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand