Here is the break down for single family home sales for
February, 2010
in EUGENE, OR's
SANTA CLARA
(RMLS Market Area)
(SHOWN BY type of sale: REGULAR SALE, SHORT SALE, or BANK-OWNED SALE)
10 Single Family Homes sold in February:
Short Sales: Bank Owned Sales:
4337 Berry LN $228,100 4555 Sedona DR $185,000
184 Lynnbrook $170,000 1138 Serena WY $281,900
416 Salty WY $356,000
Here, for reference, is
January, 2010
15 Single Family Homes sold in January:
Here, for reference, is
December, 2009
20 Single Family Homes sold in December:
Short Sales: Bank Owned Sales:
3406 Korbel $225,000 877 Commodore $140,000
110 Mecca AV $190,000 3634 Revelle $115,000
795 Impala AV $191,000 4670 Herman $195,250
355 Brianna LN $200,000 3333 Merryvale RD $200,000
4725 Honeycomb DR $278,900
474 Gerald AV $342,500
Here, for reference, is
November, 2009
24 Single Family Homes sold in November:
Short Sales: Bank Owned Sales:
1097 Sanborn AV $141,000
And here, for reference, is:
October, 2009
33 Single Family Homes sold in October:
Short Sales: Bank Owned Sales:
213 Naismith BLVD $310,000 61 Van Fossen CT $138,500
3639 Countryside LN $300,000 15 River LP 1 $125,000
746 River LP 2 $219,600 3475 Merryvale RD $205,000
2721 Kalmia $219,900 1026 Leonards WY $208,600
3656 Revelle $160,000 1359 Chardonay LN $271,900
2384 Sony LP $199,000
2888 Quiet LN $177,000
***********************
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
© 2010 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
I'm wondering if short sales and foreclosures are going to pick up after April 30th when the tax credit expires. I know I have a lot of clients just giving up even looking at those because they know they can't close in time.
Jim Well done - I relate to easy to read graphs - some people overdo. 50% being "regulat" sales is an improvement
No offense ment, but WHY are you posting several things which are very particular to your area in the "addicted to active rain" group? If you read the guidelines for the group they ask you NOT to post these kinds of post there.
Todd -
Yes, buyers interested in the tax credits are avoiding short sales right now.
Karen-
No, 50% regular sales is NOT an improvement here.
Leslie-
My apologies.
Jim, we are starting to see the same trends here in Portland where regular sales are increasing due to agents and buyers not wanting to deal with the banks that can't close by April 30th. This doesn't mean that I want them to extend that credit again, but I think we are going to see some interesting times come May.
I don't see regular sales increasing here. In fact, unfortunately, the reverse seems to be true.
I actually Do want to see them extend the $6500 tax credit - it was passed with too short a time frame to allow people to learn about it, list, sell, and enter into a purchase. Five and a half months (including the holiday period) was too short a time.
You have some mighty fine looking pie graph visuals there Jim! I agree with your comment #7 Jim about the move up tax credit setting up move up buyers for failure. They have to do things quickly and my sister is in the midst of that (and a pregnancy) so they have to make decisions quickly and I am wondering if they are being done carefully since they have their eyes on the prize.
Renee -
YES; the $6500 tax credit was passed very quickly without enough thought being given as to how it would really work. Congress should have given it a year. We are going to need it: with interest rate hikes and additional foreclosures due to summer 2010 resets - and the $8000 ending for sure.
I believe it will be easy for some folks in a hurry to make mistakes.