Monthly Archives: January 2017
Housing Market Outlook for 2017
Good Monday Morning! It appears that the combination of slightly higher mortgage interest rates and the lack of available affordable housing will have a slight negative effect on the national housing market in 2017. This situation will most likely follow the national trend locally in the Eugene and Springfield area. Our area currently has the... Read More
Local Market Activity for December 2016
Good Monday Morning! 2016 was a hot year for home sales in the Eugene and Springfield market areas. The biggest story of 2016 though is the fact that the inventory of homes for sale was low all year and ended the year at 1.7 months of active inventory. Home sales in general slacked off towards... Read More
This Month in Real Estate January 2017
Good Monday Morning! Home values are 8.1% higher in Lane County, 2015 through 2016. The trend of increased home values is taking place nationally as well. At this time, home values in Lane County are above the level they were at prior to the Great Recession. This means that all of that home value we... Read More
7 Tips Toward Homeownership
Good Morning! If 2017 is the year that you are planning on making a home purchase, the environment is going to be good for doing this. The following are some guidelines for home purchase that were published in “Realty Times”. Thinking about buying your first home? What an exciting time this is bound to be.... Read More