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October's Real Estate Zen Letter

10/19/2015

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Greetings!

   Happy Fall days to you all! Are you ready for this month's Real Estate market update? I know I was! As the weather turns cooler (or usually turns cooler) the Real Estate market usually cools a little too and I'm always curious to see by how much. I was especially curious because I know that this past summer was a tough one for buyers. There were many instances when a house went pending in the blink of an eye or had multiple offers and well...there can be only one to actually buy the house. I knew that there were probably still people really itching to buy and take advantage of these lower interest rates and so I thought September would be a busier month than last year. I'm pleased to announce that I was correct! Here are the stats.
   
   First let's look at the year overall. Comparing 2015 up-to the end of September to the first nine months of 2014 we're seeing really great improvement. Pending sales are up 30%, closed sales are up almost 29% and we have 10% more listing that we did at this point in 2014. Also, the average sale price has risen 3.5% up to $243,400 from $235,200 and the median has risen almost 5% from $210k to $220k. This is great growth, not to fast and not to slow. 
   Now looking at just September's numbers we're seeing that there were 31% more pending sales this year than September 2014. That's just 10% less than pending sales in August (see lots of people still buying!) Closed sales is high as well, 27% compared to last September and is down a mere 2% compared to August. New listings is lower than August by 21% but still an increase of 11.5% from September 2014. We only have 3 months of inventory on the market right now. This is low, even for September. The low inventory is why buyers are needing to act quickly when they see a home that meets their needs come onto the market. Also, surprisingly total market time has dropped again! August's average market time was 79 days. September's average lowered to 71!

   Send me an email if you would like to see September's Market Action or to receive the numbers for a specific part of Eugene, Springfield or another area.

   If you have been considering selling your house or another property now might be a great time! Are you curious what your property might be worth? I've created a page for you to fill out some basic information for me to put together a quick market analysis for you. It's completely free and can give you a rough idea of where you are at if you are thinking of selling or even refinancing.Check it out!
   
   Don't worry buyers, I've been thinking of you too. I also created a page for you to get an automatic home search started. Are you thinking of buying in a few months or a year? You might just start watching the market now and get a feel for what's available in your price range. Who knows, maybe your dream home is for sale now! Fill out the form on this page to start an automatic home search that will be emailed to you whenever new properties come up that match your criteria. 

   As some of you might remember my daughter, Lumin, turned one last Friday. We had a pizza party for her and she was smiling from ear to ear the whole time. She also started taking her first steps last week! It's so fun to watch her take her tiny careful steps. Willie and I are looking forward to taking her to the pumpkin patch soon. I really love fall activities. A couple weeks ago we went for a hike along Brice Creek trail. It was beautiful and the timing was perfect. The leaves had changed colors but they were still in the trees. Are you looking for fun Halloween and Fall events to enjoy? There is so much going on it's hard to make time to enjoy it all! If you need ideas I have found this websiteto be very helpful.

  This past weekend I made some Pumpkin Bran Muffins for an easy breakfast. Many of you shared with me as part of last month's give-away that your favorite thing this time of year is all of the different pumpkin spiced foods and drinks. These bran muffins turned out pretty tasty and I thought you all would enjoy it so here's the link to the recipe. Enjoy!

   Speaking of last month's give-away the winner is, Kammi! Congratulations! Send me an email and we can make arrangements for your prize. That's all for now. I hope you have found this month's installment to be informative. Till next time, breathe, smile & buy real estate!

Uniquely Yours,

~ Christiana Dancer
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September's Zen Letter

10/13/2015

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Hello Folks,

   Let's get this blog up and running again shall we? For starters, here is September's Zen Letter. Be on the look out for October's, should be posted in about a week!

Hello Folks,

  Happy Autumnal Equinox! What a beautiful Fall day here in Eugene. I absolutely love Summer but I think Fall is pretty great too with the leaves changing color, drinking warm teas and wearing my favorite sweaters and sweatshirts. I also like to take time around the Equinox to think about all that I "planted" earlier this year and consider how my "harvest" is going. 
   With that in mind let's jump into the Real Estate portion of this month's Zen letter and consider the Real Estate harvest. August showed cooling numbers from July but from last August we have more pending (+21%), closed (+25%) and active (+7%) listings. Our inventory has increased slightly to 3.2 months from July's 2.7 months and market time has decreased to just 79 days. Awesome! When comparing sale prices for the past twelve months we see that the average sale price is up 4.3% ($240,900) and the median sale price is up 5.3% ($219,00). These numbers are showing strong growth for Lane county. I've been noticing that a lot of people are looking for homes just under $200k and they are being scooped up pretty quickly. In fact according to the latest market action, in Springfield where the average sale price is $178,400 the average total days on the market is only 38 days!  Overall I think Lane county is doing pretty good in the Real Estate market. If you would like more details from the August report just let me know.
   If you are considering selling your home, call me today! It may be worth more than you think. Even if selling might be months or a year down the road it's a good idea to know where you are and what you'll want to do in order to get your home ready for market. I can help you come up with a plan of action. 
  For my buyers out there, let's put on our jackets and go check out these properties before you miss the boat! Loan rates are still low but these prices are creeping up. Keep in mind that with some of the new changes to the home loan procedure it is now going to take at least 60 days to close from the time you open a sale contract. If we start looking now we might be able to get you into your new home for the holidays. Doesn't that sound lovely?
   
  I would like to take a moment here to tell you about a new listing I have for land in Mapelton. It's a beautiful little piece of Oregon paradise on Duncan slough off of the Siuslaw River. Almost 7 acres surrounded by the Siuslaw National Forest and being right on the water makes this a great spot for enjoying the outdoors. The land is not zoned for a dwelling and there are no utilities but it is all ready for camping or RV-ing. Follow this link to learn more! 

  On a more personal note, Willie and I are waiting with bated breath for Lumin to take her first steps. She is standing pretty good though most of the time she does use something for support. Her favorite activities include climbing the stairs and holding our hands and walking around. I'm really looking forward to enjoying fall activities with her. Yesterday I harvested what looks like will be my 2nd to last round of Isis Candy tomatoes. I made a fresh creamy tomato soup to have with grilled cheese. It was delicious! Lumin absolutely loves tomatoes, I used some of the soup to get her to eat her spinach and squash baby food. She thought it was great. It was a perfect early Fall meal. 
   For this Zen letter I thought I would do something a little extra to celebrate the Equinox and the Fall harvest. Let's have a giveaway! Simply respond to this email with your favorite Fall activity or dish and you will be entered to win a gift certificate to a local restaurant. Good luck readers!

  I look forward to helping you find and keep your Real Estate Zen!
   
Uniquely Yours,

~ Christiana Dancer
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    Christiana Dancer

    A blog about the Willamette Valley Real Estate Market and my Real Estate musings. 

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