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Home Prices Still On The Rise

Good Monday Morning! There certainly is no stopping the escalating home prices in the Eugene and Springfield area.  Even though the numbers of home buyers may be decreasing slightly, a shortage of homes for sale in our area is keeping home prices...

What Is Low Inventory & Lack Of New Construction Doing To Our Market?

Good Monday Morning! The supply of homes for sale remains extremely low in the Eugene and Springfield market area.  This continues to drive home prices higher and frustrate home buyers.  In our area the difficulty of building affordable new ...

Little Change In The Real Estate Market As Inventory Slightly Increases

Good Monday Morning! There has not been much change in the Real Estate market in the Eugene and Springfiled area over the past month.  The inventory of homes for sale has increased very slightly and home prices remained fairly steady, although th...

Mortgage Interest Rates Drop Again

Good Monday Morning! Just when we thought the super low mortgage interest rates had left us behind, the rates decided to take another drop. It is a pleasant suprise, but don't get too excited about these super low rates hanging in there for the long h...

Mortgage Interest Rates May Be On The Rise

Good Monday Morning! For the first time in a long time, mortgage interest rates edged slightly higher last week.  This could signal the begining of the end for the super cheap rates we have been taking advatage of.  Mortgage rates at around ...

Mortgage Interest Rates May Be On The Rise

Good Monday Morning! For the first time in a long time, mortgage interest rates edged slightly higher last week.  This could signal the begining of the end for the super cheap rates we have been taking advatage of.  Mortgage rates at around ...

Housing Market Remains Strong, Home Prices Continue To Climb

Good Monday Morning! The housing market both locally and nationally remains strong and with this home prices continue to climb.  Here in Lane County the average home sale price is $450,000.  Its hard to beleive that home prices have surged t...

Mortgage Interest Rates Are Key In Our Current Market

Good Monday Morning! Mortgage interest rates are a key ingredient for keeping the current Real Estate market active.  With the escalation in home prices in our area, low interest rates are keeping home payments at an affordable level.  Any m...

Seller’s Market Continues

Good Monday Morning! The numbers are in for August 2021 home sales in the Eugene and Springfield area.  As you will see, there has been little change.  Home inventories remain very low, home prices continue to escalate and mortgage interest ...

Demand For Larger Lots Could Indicate An Increase In Value For Older Homes

Good Monday Morning! This recent survey is interesting. As the lots our new homes sit on continue to get smaller in most areas of the country, the demand for larger lots and privacy is growing.  This could indicate that the value of older homes o...