Monthly Archives: January 2022
Interest Rates Tick Up With Housing Inventory At It’s Lowest
Good Monday Morning! The inventory of homes for sale in the Eugene and Springfield area has never been lower. A brisk market with high demand created by extremely low mortgage interest rates and a national housing shortage have fueled a hot mark... Read More
Low Inventory Of Homes For Sale
Good Monday Morning! The inventory of homes for sale in the Eugene and Springfield area is now hovering at right around 2 weeks of active inventory. This means that if there were no new homes to come on the market, the current inventory of homes... Read More
Rates Jump Up Last Week
Good Monday Morning! As I have been warning everyone for weeks, mortgage interest rates took a jump last week. Continued high inflation numbers and other negative economic news are the primary cause of this rise. The current rise in rates ... Read More
How Long Will This Hot Sellers Market Last?
Good Monday Morning! The 2021 Real Estate Market in the Eugene and Springfield area ended with a bang! Home prices were up 19.1% over the year. It ended with an average sales price of well over $400,000. Will this trend continue through 20... Read More
Home Price Increase Into The New Year
Good Monday Morning! 2021 was a year of home price increases across the nation. Some areas saw massive increases, while others saw only moderate increases. The areas with the largest home price increases were typically those states that sa... Read More