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A Softening Housing Market Could Bring Opportunity To Potential Home Buyers

Good Monday Morning!

I am talking to would be home buyers daily who are fearful of pulling the trigger on a home purchase.  Yes, mortgage interest rates are up, but at the same time, home prices in many price ranges are soft.  The competitive housing market that we had earlier this year is gone.  Each day, I see a multitude of price reductions being entered into MLS.  This is a strong indicaton of a softening housing market.  I beleive that we are on the edge of even higher mortgage rates, but right now your ability to purchase a home at a lower price than ealier in the year is extremely likley.  In fact the price you may pay for a home today may completely offset any increase in mortgage rates.  The other thing that I would like to mention is the fact that inflation is roaring and may not subside for some time.  Where is the best place to have your money during times of high inflation, it's homes and land.  Your investment into a home for your private residence, vacation home or even better an income producing property, could be the wisest investment you make right now.  Real Estate is an extemely safe investment long term.  Don't listen to the hype that this is not the time to purchase real estate.  Listening to this could cost you dearly!

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

5427 Royal Ave, Eugene, OR 

Price: $1,500,000    Beds: 4    Baths: 3.0    SqFt: 3218

One of a kind property. This close-in home and property has an 80' X 120' riding arena with 8 stalls, 24' X 40' small barn and tac room with 3 stalls, 40' X 100' barn with 10 stalls and 600 sq.ft. apartment. Arena and apartment building are Butler b...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

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