When a friend of mine called me recently and said, “If I could get an unreasonably high price for my house right now, I would sell!” I laughed at first, but then realized how the Lane County real estate market looks to most people—it is crazy! Understanding the State in Real Estate Consider the inventory… Read more »
Luxury home sales do not lockstep with the balance of the residential real estate market. A “luxury home” is defined as a property with three times the median sales price in a market. Lane County’s median sales price is $265,000 (RMLS 1/31/2017). Our luxury home market are those homes valued at $795,000+. Selling Luxury Homes… Read more »
As a homebuyer: As a buyer, you are in a tricky place. The Eugene-Springfield marketplace is at historic 17-year record lows in home inventory or sales count. At the same time, this market is filled with opportunity. If you buy now, you’ll enjoy a strong price appreciation for the foreseeable future. And, an interest rate… Read more »
Do you thrive on a vigorous negotiation? Haggling for the deal brings most people either great pleasure or great pain. And to a significant majority of people, the heat of the negotiation is an uncomfortable and stress-filled process. Typically, American retail has removed the negotiation by setting fixed prices for products and services. One of… Read more »
Nothing is more disheartening than not getting the activity that you had hoped reflected in showings or offers when selling a home. If this has happened to you, consider these variables that I believe are key to a successful home sale. Important Factors to Note When Selling Your Home Location, location, location. The old adage… Read more »
Imagine taking the roof off of your home to look down upon your floor plan. Picture each step you took over the past three months leaving a mark. Which rooms would be heavily trodden and which would have minimal traffic recorded? Does your home fit the way you live today, or are you paying for… Read more »
If you had to sell your home today, could you? The liquidity of your home is seldom considered until you want or need to sell the home. Unfortunately, your home may not provide the return that you expected—especially if you have not maintained and upgraded the property along the way. A Broker Who Understands Investment… Read more »
As a Residential Realtor in Lane County, it is my job to assist clients in ‘moving smart’ in the marketplace. Realtors are in the precarious position of having to predict the future actions of consumers. Sure, we have data available of recent sales of similar properties in close proximity as a reference point and that… Read more »
Are you ready to downsize your living space, but are overwhelmed by the magnitude of this undertaking? You are not alone. This has been the year for many people to simplify their lives—and this trend is not limited to the elderly. Our recent recession seems to have reset the priorities of many homeowners. People are… Read more »
Today’s market is a seller’s market. That is, the supply of homes for sale does not meet the demand of buyers in Lane County. In fact, inventory of homes for sale was down 45 percent this April from the number of homes for sale in Eugene and Springfield at the end of April 2015. Challenges… Read more »
