Monthly Archives: June 2022

Home Sales Are Down

Good Monday Morning! Home sales both here in the Eugene and Springfield area and nationally have fallen off.  What is interesting is that home prices have not declined as of yet.  This may be temporary in our local market though as time on t...

Interest Rates Rise Rapidly

Good Monday Morning! Last week saw mortgage interest rates rise rapidly at a rate seldom seen.  You could say that most of us saw this coming, but few people, including myself expected to see mortgage rates rise at the pace they have. The increas...

Slowing Market Sees Plenty Of Price Reductions

Good Monday Morning! The Real Estate market in the Eugene and Springfield area is certainly beginning to show signs of change.  It is interesting though that this is still not being indicated by the home sales statistics. What I am beginning to n...

Higher Interest Rates Have Slowed Buyer Demand

Good Monday Morning! In the ever changing world of Real Estate, home prices both here in the Eugene and Springfield area and nationally continue their upward trend.  The lack of homes for sale is the primary cause for this continued home price es...