Blog

The Housing Market Is Changing Rapidly

Good Monday Morning! Conditions with the housing market in Eugene and Springfield are changing rapidly.  The change in mortgage interest rates is leading the charge.  Rates have increased significantly over the past several weeks and this tr...

A Rough Time For First Time Home Buyers

Good Monday Morning! The Real Estate market that we have been experiencing for the past several years has been rough for first time home buyers.  Even with historic low mortgage interest rates, the escalation in home prices has simply driven many...

Inventory Of Homes For Sale Remain Low

Good Monday Morning! Home sale numbers for February 2022 are in and they don't reflect much change with the exception of home sales prices.  The price of homes in the Eugene and Springfield area continues to escalate.  The sellers market of ...

Inventory Of Homes For Sale Remain Low

Good Monday Morning! Home sale numbers for February 2022 are in and they don't reflect much change with the exception of home sales prices.  The price of homes in the Eugene and Springfield area continues to escalate.  The sellers market of ...

Rates Are Up

Good Monday Morning! For many Americans, a 4% mortgage rate has gone from a possibility to a reality in the span of a few weeks. The 30-year fixed-rate mortgage averaged 3.92% for the week ending Feb. 17, up nearly a quarter of a percentage point fro...

When Will The Eugene & Springfield Market Begin To Slow

Good Monday Morning! The question is, will the national housing slump hit the Eugene and Springfield area soon?  So far, our area seems to continue on a roll for housing sales and home inventories remain extremely tight. Rising mortgage interest ...

Demand For Housing Remains Strong

Good Monday Morning! Even though mortgage interest rates have increased over the past several weeks, the demand for housing remains strong.  As I have been stating for some time now, if you are thinking about selling your home this year or in the...

Rates Are Up, Is It Still A Good Time to Buy?

Good Monday Morning! Conditions in the Real Estate world are changing and changing fast.  Mortgage interest rates are up and they most likely will increase even further.  Is this still a good time to buy or sell a home?  My answer is, Y...

Could Higher Interest Rates Change The Amount Of Inventory In Our Market?

Good Monday Morning! With about two weeks of inventory of homes for sale in the Eugene and Springfield area, home buyers are struggling to find homes to purchase.  This situation does not seem to be easing at this time and it is creating an very ...

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...