Monthly Archives: February 2023
HELOCs Pros And Cons
Good Monday Morning! With our current slower economy and the continued inflation we are suffering through, many homeowners are cashing in on their home equity for a variety of reasons. Some are using the home equity that increased significantly prior ... Read More
New Construction Is Down Nationally And Locally
Good Monday Morning! The number of new housing starts both nationally and locally are continuing to dip. This would be expected with any downturn in the economy. Another issue with new construction is that the cost of new housing is also i... Read More
Home Inventory Hits Highest Point In Two Years Last Month
Good Monday Morning! January was an interesting month for home sales in the Eugene and Springfield area. The inventory of homes on the market hit the highest point we have seen in over 2 years at 2.3 months of inventory. At the same time, the number o... Read More
Why Is This Market Unlike Any Other?
Good Monday Morning! Even with 4 consecutive weeks of mortgage interest rate decline, the housing market remains in decline nationally. Our current market is strange though and not like any other that I have witnessed in my 34 years as a Real Estate B... Read More
Why Is This Market Unlike Any Other?
Good Monday Morning! Even with 4 consecutive weeks of mortgage interest rate decline, the housing market remains in decline nationally. Our current market is strange though and not like any other that I have witnessed in my 34 years as a Real Estate B... Read More