DANEBO
RMLS market area in Eugene, Oregon?
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?
Here is how the sales for single family homes in this RMLS market area break out for calendar year 2009 - by type of purchase made:
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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
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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
Hi Jim,
An interesting statistic ( type and level of financing) that most hadn't being paying much attention to. Back in the late 80's here in Sam Diego, we commonly had a Cap rate in the 10 range for investment property. The investors have had a frenzy most of last year on the REO's realizing Cap rates back in the 10 range. Hadn't had any even close to that in a very long time. And most or at least many were all cash transactions.
Your nicely done chart clearly shows the way the wind is blowing in your area. Well done.
Debi
Hi Jim ~ I don't know, how do they? Bet you are going to tell us!