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THURSTON
(East Springfield)
market area of Springfield, OR

New Listings may include properties previously listed by the same or a different brokerage.
Cancellations or Expired Listings may, therefore, by duplicated in the active category.
Pending Sales are those subject to a new sale agreement within the month.
Active Listings are those for sale on the last day of the month.
Closed Listings are those that closed in escrow within the report month.
*****
Because real estate market data always varies seasonally during any year,
the following charts better relect the significance of this month's data.
*****
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of September
2001-2009:

And a decade of Average Price of Closed Sales
for the
Months of September
2001-2009:

Caution: The average for a small number of total sales may be drastically distorted by just or or two sales that depart significantly from the data median.
These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. An arithmetic median would make for a better comparison but is unavailable from RMLS.
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SPRINGFIELD
(South of the Eugene-Sprigfield Highway)
market area of Springfield, OR

New Listings may include properties previously listed by the same or a different brokerage.
Cancellations or Expired Listings may, therefore, by duplicated in the active category.
Pending Sales are those subject to a new sale agreement within the month.
Active Listings are those for sale on the last day of the month.
Closed Listings are those that closed in escrow within the report month.
*****
Because real estate market data always varies seasonally during any year,
the following charts better relect the significance of this month's data.
*****
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of September
2001-2009:

And a decade of Average Price of Closed Sales
for the
Months of September
2001-2009:

Caution: The average for a small number of total sales may be drastically distorted by just or or two sales that depart significantly from the data median.
These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. An arithmetic median would make for a better comparison but is unavailable from RMLS.
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HAYDEN BRIDGE
(North Springfield)
market area of Springfield, OR

New Listings may include properties previously listed by the same or a different brokerage.
Cancellations or Expired Listings may, therefore, by duplicated in the active category.
Pending Sales are those subject to a new sale agreement within the month.
Active Listings are those for sale on the last day of the month.
Closed Listings are those that closed in escrow within the report month.
*****
Because real estate market data always varies seasonally during any year,
the following charts better relect the significance of this month's data.
*****
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of September
2001-2009:

And a decade of Average Price of Closed Sales
for the
Months of September
2001-2009:

Caution: The average for a small number of total sales may be drastically distorted by just or or two sales that depart significantly from the data median. That is clearly true for September 2009 above.
These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. An arithmetic median would make for a better comparison but is unavailable from RMLS.
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(NORTH SPRINGFIELD)
market area of Springfield, Lane County, OR

New Listings may include properties previously listed by the same or a different brokerage.
Cancellations or Expired Listings may, therefore, by duplicated in the active category.
Pending Sales are those subject to a new sale agreement within the month.
Active Listings are those for sale on the last day of the month.
Closed Listings are those that closed in escrow within the report month.
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You read my last post about some of the problems encountered with a foreclosed property and have gotten yourself set up with a knowledgeable lender and are ready to proceed with the next step in the process. This step in purchasing a foreclosure is probably one of the most important there is in the process, especially for the first time home buyer. If you have bought a home before, you may already be familiar with the process, but if you haven't, it can be daunting. That is why step two is: Finding the right Realtor®.
I am not the world’s greatest expert on Realtors®, however I know the ones that I have worked with and understand professional behavior. I know there are Realtors® that can work as the listing agent and the selling agent, but personally, I believe that a buyer should be represented by their own agent and not risk the possible conflict of having a listing agent as your buying agent. The only thing worse, in my opinion, is having your Realtor® also as your loan officer. Now, that I have that out of the way, how do you determine who the right Realtor® is for you? Here are some of my criteria:
Do they have to be a man? a woman? young? old? in Eugene? in Springfield? The simple answer is, yes. Your Realtor® should be someone that you decide. Ask them questions and develop a rapport. Tell them what you want. Make certain they are familiar with the area you want to live in.
Can I recommend someone to you? Absolutely! There are a number of Realtors® that are linked to my website and I can recommend all of them highly. For specific recommendations, I have specific people in mind.
A good Realtor® will have access to all of the foreclosed properties in the area you are looking in. This Realtor should be able to narrow the choices from what you have shared but often, the property descriptions are not as accurate as they should be, so you might be looking at properties that are not as suitable as others. Trust your Realtor® and keep faith they will find the right place for you.
Here, I want to talk about loyalty. If you are spending time with a Realtor® and they are taking you to houses that are within your parameters, give them your loyalty. That means that if you go to an open house and the Realtor® at the open house asks if you are working with someone, say yes! If your Realtor® is not showing you what you are looking for, doesn’t return your calls or doesn’t seem to care, then find someone that does. Call me; I will set you up with someone that cares.
OK, this is pretty long, so tune in next time to find out what you need to do once you have found that perfect house (well, it will be after repairs). To understand more about the buying phase, read this article from one of my Realtor® partners, Lori Palermo.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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