Welcome to the LaneCountyHomes.net Blog

2014-02-17 10:34:25
Lane County Homes Sales Report- January 2014

At first glance we see that 'Inventory in Months', a calculation that measures homes for sale vs. homes that sold, rose to a 7 month inventory.   This is high, but if we look back at previous years, January is always high.  This has a lot to do with the fact that very few people & families are focused on making offers in December (which are closed & sold in January) when they're busy & distracted with Christmas & other holidays.  Add to that the record cold storms we had in December.

Lane County pending homes sales increased in January up 67.6% from the previous month, and produced the highest pending sales we've had in January since 2007.  From a personal viewpoint of working with buyers, sales definitely picked up in January & continue to do so in February.  

For Buyers:  We anticipate home appreciation to not be as aggressive this year as it was last year.  We don't expect rates to hit in the 3% range again, and our average & median sales prices have continued to increase which we'll make the case that home appreciation is somewhat tied to job growth.  If job growth isn't significant, and home monthly mortgages have increased (compared to rent)  through last year appreciation & rate increases- then we believe that home values will need to only moderately appreciate and/or level off as we head into the Fall.  Your biggest obstacle may be lack off selection.

For Sellers:  The market is in demand of inventory, and we believe the next few months of stats will prove this as pending sales continue to become closed & sold.  This should be a great Spring to put your home on the market as we are seeing the demand for it from local buyers.

 

For a more detailed look into our Lane County Real Estate Market, please click here.

If you have any real estate & housing questions, we are grateful to help-  541-603-5414.

 
Blog Archive
2017-02-20 13:43:09
Eugene Housing Market Trends- 02/2017

2017-01-13 15:36:34
How to Sell Your Home Fast in Lane County Oregon

2017-01-02 09:18:05
Eugene Housing Market Shift?

2016-12-14 16:44:06
Eugene Real Estate Market

2016-11-29 10:38:32
Hottest Sellers Market in Eugene Oregon- 97404

2016-11-21 09:27:26
Springfield Housing Market

2016-11-14 09:24:06
Eugene Housing Trends

2016-11-07 08:46:17
Real Estate Market Trends- Eugene Oregon

2016-03-03 16:52:14
Smart Home Renovations

2016-01-04 08:54:18
What Every Home Buyer Needs to Know

2015-02-16 09:07:07
Lane County Homes- Sales Report- Jan 2015

2015-01-19 09:43:02
Lane County Homes- Sales Report- Dec 2014

2015-01-12 14:18:52
FHA Lowers Mortgage Insurance Rate

2014-12-17 09:44:21
Lane County home values continue to rise

2014-05-19 21:22:28
Seven Landscaping Mistakes

2014-05-16 07:51:38
Lane County Homes Sales Report- April 2014

2014-04-30 08:45:57
Lane County Short Sales & Bank Owned Homes

2014-04-17 09:32:17
Lane County Homes Sales Report- March 2014

2014-04-08 10:28:40
7 New Camp Harlow Kid Scholarships

2014-03-18 08:06:31
Lane County Homes Sales Report- February 2014

2014-02-17 10:34:25
Lane County Homes Sales Report- January 2014

2014-02-14 10:04:52
Foreclosure Increase? in Oregon

2014-02-12 17:57:12
Home Projects: Cost vs. Value

2014-01-15 23:23:38
Lane County Homes Sales Report- December 2013

2014-01-07 17:25:45
Relocating to Oregon

Click here to see ALL articles.


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