Blog

Prices And Rates Are Both Down, Good News For Buyers

Good Monday Morning! As inflation continues to roar, a bright spot is that mortgage interest rates have fallen even further.  This is a good indication that inflation is hitting the national housing market as home sales continue to decline for th...

The Market Is Changing

Good Monday Morning! The Real Estate market in the Eugene and Springfield area is changing, but intersting enough the change here is much slower than that of most of the nation.  Higher mortgage interest rates and extremely high inflation are beg...

Rates Have Decreased Significantly!!!

Good Monday Morning! Good news for a change.  Due to consumer fears over inflation, mortgage loan interest rates have decreased significantly.  For anyone thinking of purchasing a home now or in the near future, don't let this opportunity pa...

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...

Home Inventory Is Still An Issue In Today’s Market

Good Monday Morning! There have not been any huge market changes in the Eugene and Springfield housing market over the past several months, but the overall market is in decline here as it is nationally.  Nationwide home inventories are an issue a...

The Market You See Today Will Not Be With Us Much Longer

Good Monday Morning! There has not been any significant change in the Eugene/Springfield area Real Estate market over the last month. The number of homes for sale hitting the market declined at the same time that then number of homes sold increased. &...

What Would Higher Interest Rates Do In The 2022 Housing Market

Good Monday Morning! WHAT WOULD 5% PLUS MORTGAGE INTEREST RATES DO TO THE 2022 HOUSING MARKET? Back when mortgage rates were 12%, people still bought and sold houses, which cost 70% less. If rates were 12% today, no one could buy a house! Certainly, ...