| Market Commentary Provided by Lee Seaton There are many great buys in this market for those who want to be in for the long term. I am seeing some parents helping their children buy now, because of the low prices and low interest rates. |
| Report Date | Winter 2010 |
CONNECT WITH A LOCAL PROFESSIONAL
Lee Seaton
Prudential Real Estate Professionals Eugene, Oregon 541-302-5216 leeseaton@leeseaton.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $225,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 10-15% | ||||
| Prices As % of Asking Price | 85-90% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Eugene is | |||||
| Seller Activity for the past 90 days in Eugene is | |||||
| Is Financing Available For Qualified Buyers in Eugene? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | The greatest number of sales are occuring in the homes priced under $350,000. | ||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $225,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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