Monthly Archives: March 2021

Housing Demand Still Up As Mortgage Rates Start To Tick Up

Good Monday Morning! As mortgage rates tick up, demand for housing has not slacked off.  The inventory of homes for sale in the Eugene and Springfield area is at a historic low and currently no end to this situation is in sight.  Housing dem...

Housing Demand Still Up As Mortgage Rates Start To Tick Up

Good Monday Morning! As mortgage rates tick up, demand for housing has not slacked off.  The inventory of homes for sale in the Eugene and Springfield area is at a historic low and currently no end to this situation is in sight.  Housing dem...

Rates On The Rise

Good Monday Morning! Yes, mortgage interest rates are on the rise.  This could just be a temprary blip or it could be the start of a change in rates that will lead to higher mortgage rates on a long term basis.  If this change is not short t...

Home Sales Stay The Same

Good Monday Morning!  February 2021 home sales numbers in the Eugene and Springfield area show that there is little change in our local housing market.  The inventory of homes climbed slightly from .8 months to .9 months.  This is not ...

Better Days Are Ahead

Good Monday Morning! Fannie Mae‘s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, fell 1.2 points in February. Fear not, experts say – b...

Last Weeks Rates Show How Sensitive Our Current Market Is

Good Monday Morning! Last week, mortgage interest rates began ticking up.  The result was an immediate decline in the number of new mortgage applicatons.  This shows just how sensitive our current market is to mortgage rates.  The quest...