The Weather May Be Cold, but the Eugene Real Estate Market is HOT!

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HotThermometerThat’s right, the Eugene area market is currently HOT. Correctly priced homes in the low to mid price ranges are flying off the market almost as fast as they come onto it.

Sellers are receiving multiple offers in some cases and the competition for homes is tough.

Why? Low inventory, low prices and low interest rates. Home hunters are looking to take advantage of extraordinary low interest rates and prices before both go back up.

What does this mean for home buyers?

It means if you see a home that you would be sad to see sold to someone else tomorrow, then don’t blink or chances are someone else will jump on it.

In both my business and my wife’s (she’s a Realtor and Buyer Specialist), I’ve watched many clients regret their hesitation to make an offer, which resulted in losing out on a home that they really wanted.

I’m not saying that you should be in a rush. I’m not saying that you should buy a home that doesn’t fit your needs.

I’m simply saying that if you find a house that meets your wants and needs, don’t pass it up today thinking that it will still be available tomorrow…not in this market.

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Jeff Irving, Mortgage Advisor MLO#269360

Mortgage Advisor, MLO#269360 at Alpine Mortgage Planning
Jeff specializes in helping first time home buyers with zero and low down payment home loans, home buyer assistance programs and grants. See more at: www.eugeneoregonmortgage.com

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