CITY OF EUGENE, OREGON
vary by RMLS market area?
Is "all-cash" an important factor? Are most new loans conventional or FHA? How about federal VA? Do all other financing mechanisms (owner financing, lease-options, etc.) account for many sales?
The method of payment varies greatly by RMLS market area -- and in very predictable ways.
Areas of Eugene with relatively low average and median home values tend to have higher use of FHA financing. More expensive neighborhoods show less use of that important program.
Areas of Eugene having relatively higher mean and median home values tend to have higher use of cash and conventional loans.
Here is how the sales for single family homes in EUGENE'S eight RMLS market area breaks out for calendar year 2009 - by type of purchase made. The RMLS areas are shown in rank order by the percentage of transactions that were financed by FHA:
AND here, for overall comparison purposes is the break out by the method of payment for 2009 purchases of single family homes in the entire
CITY OF EUGENE, OREGON
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Jim Hale
Principal Broker / Owner
Graduate, REALTOR Institute e-PRO
Member, Million Dollar Club of Lane County
Member, Brokers Million Dollar Club
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
www.actionagents.net jim@actionagents.net
© 2009 All Rights Reserved
***********************
Jim Hale
Principal Broker / Owner
Graduate, REALTOR Institute e-PRO
2012 Member, Million Dollar Club of Lane County
2012 Member, Real Estate Brokers Million Dollar Club
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
Eugene Oregon Homes / Real Estate jim@actionagents.net
All statistical market data is based on information from the RMLS of Oregon for the dates indicated.
© 2012 All Rights Reserved / Licensed in the State of OREGON
