Real Estate Information Archive

I wanted to share this great article from the Wall Street Journal.  Call if you have questions or need help with this.  541-579-5566

http://online.wsj.com/article/SB10001424052748703652104574652180221831574.html?mod=djemRealEstate

The U.S. Treasury Department announced a new program that is providing financial incentives to mortgage servicers and borrowers who use a short sale or a deed-in-lieu to avoid foreclosure on a loan facilitated through the Home Affordable Modification Program (HAMP). This is the new Home Affordable Foreclosure Alternatives Program.  This program aims to simplify and streamline the use of short sale and deed-in-lieu options so they are more viable alternatives for borrowers.  For help with a short sale situation in the Eugene/Springfield area, call Cathy Watkins of Barnhart Associates at 541-284-4132.

Good Monday Morning!

BRRRRRR!  All this cold air reminds me about an the online energy that EWEB provides!  Here is your link: http://www.eweb.org/energyanalysis.   This feature will give you tips and costs.   I found out that my home uses $1.00 more electricity per year than the average home! 

You may also use this feature if you are planning to purchase a home in the EWEB coverage area! 

The newest RMLS Lane County Market Action report came out this last weekend!  Here are some of the highlights.

Inventory is now at 6.2 months. This is fairly low.  The last time inventory was under 6.2 months was in July of 2007.  At that time the inventory was at 6 months.   Might be a good time to consider putting a property on the market!

When we compare October 2009 with October 2008, we see that pending sales fore 41.7% and closed sales increased by 5.7%.  Total market time is down 4.1 % This means days on market October 2009 was at 107 and day on market October 2008 was 112.

For a complete report, call 541-284-4132 or email me at cathyreal@comcast.net.  I will send you a complete report and will be happy to discuss all your real estate needs.

Here's a quick note to let you know how I can help you or anyone you feel comfortable introducing me to.  Do you owe more on your home than it is worth and you don't know what to do?  Call me to talk about a short sale for your home.  Maybe we can spare you the pain of foreclosure and give your family a chance for a new start.  Too many people who lose their homes never  talk to a real estate professional.  Who's the next person you know who could benefit from talking to me?

I wanted to pass along this information from the Oregon Association of Realtors!

"President Obama signed into law legislation that extends and expands the first-time homebuyer tax credit this morning. This enacts the legislation into law making the extension and expansion effective immediately after today. To learn more about the jobless benefit extension and the extension of the homebuyer tax credit visit: Obama signs jobless benefit extension.  "

OPEN SUNDAY ( 1-3) ON OCTOBER 25, 2009 

2740 W. 18th Ave. Eugene

3 bedrooms/1 1/2 Bath/ 1285 sq ft/ $207,000

Great home, convenient location!

Total remodel in 2006 with new plumbing, carpet, flooring, and MORE.

Spacious kitchen, formal dining, formal living,and family room.

Location provides easy access to most everything!

Come and take a look on Suday!

Here is a link from my favorite Edward Jones Investments advisor Mark Watkins!

Edward Jones Report - The Cost Of Market Timing Strategy Report

Hello!  I just wanted to share a newsletter from my favorite financial advisor.