Eugene, OR Real Estate News

THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR   IS TO COMPARE  THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS   This December, Southwest Eugene inventory is down for the fifth straight year.  Closed sales basically matched the last two years.  But those factors did not keep average price from declining. So for the  SOUTHWEST EUGENE  RMLS Market Area, HERE ARE:   A decade's worth of supply (Active Listings) and demand (Closed Sales) for the  Months of DECEMBER  2001 - 2011:     And a decade of Average Prices for Closed Sales for the  Months of DECEMBER 2001 - 2011:     These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months i...
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  THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR    IS TO COMPARE   THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS    This November, River Road inventory was happily down dramatically - to 2001 levels.  But sales were disappointing even as average price ticked up for the first December since the bust.   So for the   RIVER ROAD   RMLS Market Area, HERE ARE:   A decade's worth of supply (Active Listings) and demand (Closed Sales) for the    Months of DECEMBER  2001 - 2011:      And a decade of Average Prices for Closed Sales for the   Months of DECEMBER    2001 - 2011:     These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months...
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 THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR     IS TO COMPARE   THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS   In November, 2011, the number of closed sales in Santa Clara reached at least an eleven-year low. December was not that dramatically low....but was among the worst of the decade.The number is significantly below November of last year and represents about half the demand during the boom years.Despite the fact that the inventory level is also at a three-year, post-bust low, average price continues to slide. Here for the    SANTA CLARA    RMLS Market Area Are:      A decade's worth of supply (Active Listings) and demand (Closed Sales) for the    Months of DECEMBER 2001 - 2011:     And a decade of Average Prices for Closed Sales for the     Months of...
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 THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR     IS TO COMPARE  THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS   In November, 2011, the number of  closed sales in North Gilham reached at least an seven-year low, tying 2004 for the worst in the eleven years shown.  But in December, it nearly reached the high for the boom. But inventory remains unusually high. Despite that, average price was up in December. Here for the    NORTH GILHAM    RMLS Market Area, HERE ARE:   A decade's worth of supply (Active Listings) and demand (Closed Sales) for the  Months of DECEMBER    2O01 - 2011:    And a decade of Average Prices for Closed Sales for the    Months of DECEMBER    2O01 - 2011: The average November price in North Gilham bumped up this year.  But that is likely a...
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   THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OREGON     IS TO COMPARE    THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS   This November, Danebo inventory was down while sales were steady, but average price was still down again. So for the    BETHEL - DANEBO    RMLS Market Area, HERE ARE:     A decade's worth of supply (Active Listings) and demand (Closed Sales) for the   Months of DECEMBER    2001 - 2011:       And a decade of Average Prices for Closed Sales for the   Months of DECEMBER    2001 - 2011:      These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling...
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   THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR   IS TO COMPARE   THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS   Below you'll see that December sales are trending up while inventory declines -- to near historic levels - both necessary trends , if we are going to turn the corner on price. Average price was about the same as last December.   Now for the    FERRY STREET BRIDGE    RMLS Market Area, HERE ARE:   A decade's worth of supply (Active Listings) and demand (Closed Sales) for the   Months of DECEMBER   2001 - 2011:     And a decade of Average Prices for Closed Sales for the   Months of DECEMBER   2001 - 2011:      
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By Jim Hale, Eugene Oregon's Best Home Search Website
(ACTIONAGENTS.NET)
The time has come.  We can wait no longer.  We need a FEDERAL TRUST COMMISSION.(Let's face it:  Nobody TRUSTS Anybody. (Except me, of course.)  And that is affecting my life and my business.  Sometimes, I'm not so sure I even TRUST myself.  The government must come to our rescue.) Trust  MeI'm Serious Here A FEDERAL TRUST COMMISSION (hereafter to be called the FTC) should be tasked with insuring TRUST in all places.....especially in high places (where an increase in TRUST would be most welcome indeed) - but also in low places  (where TRUST is clearly, sorely lacking and must be restored).The FEDERAL TRUST COMISSION would be comprised of  27 members, each having cabinet rank, and each presiding over one highly-specialized, new or revamped governmental unit, such as (but not limited to) t...
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By Jim Hale, Eugene Oregon's Best Home Search Website
(ACTIONAGENTS.NET)
How did buyers of single family homes in Eugene, Oregon finance their purchase in 2011?Here's how: The tiny sliver of homes sold with seller financing was so slim the numbers on the chart are hard to read.  There were 8 homes sold with seller financing and 36 clased by the listing agents as other.  Some of that 36 might have also been seller financed.
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At the end of every year I like to review with my Realtor clients where their business came from.  Most of them are well-established, so repeat clients and referrals are usually their two primary lead sources.  Sign calls, internet leads, print ad calls, and direct mail were well down the list of leads that ended in closed transactions. Wayne Goss (http://activerain.com/waynegoss) from Punta Gorda, Florida commented in a previous blog of mine (http://activerain.com/blogsview/2666141/why-should-we-invest-our-time-and-money-in-activerain-) with a Realtor.org (NAR) finding of the top 10 methods home sellers used to find an agent in 2011:1.   39 percent – referred by (or is) a friend, neighbor, or relative2.   22 percent – used agent previously to buy or sell a home3.     5 percent – referr...
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By Jim Hale, Eugene Oregon's Best Home Search Website
(ACTIONAGENTS.NET)
A couple of my acquaintance recently struck up a conversation in a store. They asked how real estate here in Eugene, Oregon was going.  They expressed a wish to buy a home someday....when they could get a down payment together. I'd heard this from my renter friends before.  But at this moment I had just watched them buy a pack of Marlboros each.  So, ever so gently, I suggested I knew where they could get a down payment. Of course, wide-eyed, they asked where.My answer was given with a smile:  "You could quit smoking."  Their eyes showed shock.That was understandable:  It was an ambush of sorts.  But I went on to tell them that if they diverted the money they spend on cigarettes into a savings account, they could have a down payment within a year or two. They thought about that suggesti...
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By Colin Call, Principal Broker
(RE/MAX Integrity)
I stopped by the office for a few hours this morning and boy was it lonely. Jo Ann Zebrowski, Jim Gibbons and I were the only ones in this morning, and now I've left to get ready for the big game.  The Oregon Ducks are playing the Wisconsin Badgers, with kick off scheduled at 2:10pm left coast time. The Ducks are favored by six points, but I believe they will win by at least 18.  Yes, I'm expecting a blowout.  This is a pretty special Duck team with several heading to the NFL in the upcoming  draft.  It should be high scoring on both sides, and  though I'm not in Pasadena, expect 6th St to be packed to over capacity with rabid Duck fans. Ok...lunch is here and I need to do some carbo loading so I can do my part as a fan. It's a tough job, but one I will do my best at! GOOOOOO DUCKS!!!!!...
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I was talking with a very busy, successful Realtor in Lane County, Oregon recently and suggested that she should become an ActiveRain member.  Her response was to essentially ask why it was worth her time and money.  This is a question that all good businesses should ask themselves constantly, not just at a year-end review when planning for a new year.   So I ask my fellow ActiveRain members, “Why should I invest my time and money in ActiveRain?”  The question is not a rhetorical one.  Businesses that provide goods and services like ActiveRain must always strive to provide a high perceived value for its customers in exchange for their investment.  Does ActiveRain do this, whether as a free member or a Rainmaker?   I am not an ActiveRain newbie.  I'm not on the level of Russel Ray, Todd ...
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By Jim Hale, Eugene Oregon's Best Home Search Website
(ACTIONAGENTS.NET)
Sunday, December 25.  Christmas day at our house:  After church, gifts, and food it was time to get seriously down to the game of real estate:  In this case the real estate game was a multi-hour experience with my daughter-in-law's brand new Monopoly game. It wasn't just any old ordinary Monopoly game....it was a special Monopoly game for lovers of Yorkshire Terriers - Yorkies. As a breeder (formosayorkies.com) of those wonderful little dogs, she surely qualifies as a lover of them. I joined in ONLY (mind you) to see what this game could teach me about real estate in 2012. :-)   The game is called Yorkie-opoly...one of serveral versions of the old board game themed to various specific dog breeds.  Here is the board:   Let me repeat:  I only agreed to play this game because I figured I m...
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By Jim Hale, Eugene Oregon's Best Home Search Website
(ACTIONAGENTS.NET)
Among today's featured posts on ActiveRAIN was one by an attorney who used it to announce that his firm would no longer do short sale closings...apparently in an attorney closings state.  His post garnered, at last count 228 comments - most of them agreeing with his decision.  However, I must respectively disagree....with one important BUT at the end.     I can understand an attorney located anywhere withdrawing from the short sale market. But for escrow/title companies in states like mine where they do all closings, foregoing short sales would not be an option....even with them only constituting 15-20% of the market.For most agents, in markets like mine, that would be a poor business decision.Short sales require knowledge and experience counts.The top agent (team) in this market (popul...
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THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR  IS TO COMPARE THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS    This November, West Eugene inventory jumped down to pre-boom/bust levels.But closed sales came in at only a very low level.Even so, average price came up somewhat - but on a small number of sales.   Here for the WEST EUGENE RMLS Market Area, are:   A decade's worth of supply (Active Listings) and demand (Closed Sales) for the Months of NOVEMBER 2001 - 2011:     And a decade of Average Prices for Closed Sales for Homes in Eugene, Oregon for the Months of NOVEMBER 2001 - 2011:       These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average p...
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THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR   IS TO COMPARE  THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS   This November, Southwest Eugene inventory remains essentially unchanged for a third year.  But closed sales saw at least an eleven year low.  That left average price about where it was for the last two years. So for the  SOUTHWEST EUGENE  RMLS Market Area, HERE ARE:   A decade's worth of supply (Active Listings) and demand (Closed Sales) for the  Months of NOVEMBER  2001 - 2011:     And a decade of Average Prices for Closed Sales for the  Months of NOVEMBER 2001 - 2011:     These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price f...
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   THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OREGON     IS TO COMPARE    THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS   This November, East Eugene inventory dipped downward for the first time since 2002.  Meanwhile closed sales were up for the third year in a row. That lifted average sales price for the first time since the bust.   So for the    EAST EUGENE    RMLS Market Area, HERE ARE:    A decade's worth of supply (Active Listings) and demand (Closed Sales) for the   Months of NOVEMBER    2001 - 2011:     And a decade of Average Prices for Closed Sales for the  Months of NOVEMBER    2001 - 2011:      These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over tim...
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 THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR   IS TO COMPARE  THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS    This November, River Road inventory was happily down while sales at a decade low. Unfortunately, average price was down again.   So for the  RIVER ROAD  RMLS Market Area, HERE ARE:   A decade's worth of supply (Active Listings) and demand (Closed Sales) for the   Months of NOVEMBER 2001 - 2011:      And a decade of Average Prices for Closed Sales for the  Months of NOVEMBER   2001 - 2011:     These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at t...
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By Colin Call, Principal Broker
(RE/MAX Integrity)
Today starts much the same as any other day.  Head to the office, read the paper and begin my dance.. Though I should say I'm trying a new dance these days.  More organization and structure as I start the hunt for a new and improved business model for the coming year.  I think I have relied too much in the past on luck to bring me business.  And that model has worked to a high enough degree that I suppose I should be happy with the result.  But I am not.  Nor do I think that waiting for business to find me is a healthy way to conduct business. Now, as I sit at the computer, I have goals to acheive today.  Calls to make and notes to be written.  I intend to touch base with all my clients from 2011.  Both buyers and sellers, and those who referred these folks to me.  And by touch base I m...
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Lori Spohn | RE/MAX Integrity | (541) 914-6920 690 W. Broadway, Eugene, OR SHORT SALE ~ Large Classic Dutch Colonial Home With Studio Apt. 4BR/3+1BA Single Family House offered at $369,900 Year Built 1928 Sq Footage 3,351 Bedrooms 4 Bathrooms 3 full, 1 partial Floors 3 Parking 2 Uncovered spaces Lot Size 5,940 sqft HOA/Maint $0 per month DESCRIPTION You could live in a large Dutch Colonial home in the middle of Eugene on the corner of Broadway & Madison near downtown! A home like this one doesn't come on the market every day. There's even a studio apartment downstairs for extended family living or rental income. You'll appreciate the hardwood floors, coved areas, nine foot ceilings, French doors, sunroom, library, and office areas. There's almost 3400 square feet of living area with 4 ...
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