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What kind of financing is used for the purchase of single family homes in the
Is "all-cash" an important factor? Are most new loans conventional or FHA? How about federal VA? Do all other financing mechanisms (owner financing, lease-options, etc.) account for many sales?
Here is how the sales for single family homes in this RMLS market area break out for calendar year 2011 - by type of purchase made:

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THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE
IN SPRINGFIELD, OR
IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
This November, the Hayden Bridge bad news was that the average price declined slightly.
But the GOOD NEWS is that sales were up.
And the BEST NEWS is that inventory is way down.
So for the
HAYDEN BRIDGE
RMLS Market Area, HERE ARE:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of NOVEMBER
2001 - 2011:

NOTE: IN 2004 AND 2005 THE ACTIVE INVENTORY AT THE END OF THE MONTH WAS EQUAL TO OR SLIGHTLY LOWER THAN THE NUMBER OF CLOSED SALES DURING THOSE MONTHS OF MAY.
And a decade of Average Prices for Closed Sales
for the
Months of NOVEMBER
2001 - 2011:

NOTE: THE RMLS SPLIT HAYDEN BRIDGE OUT OF THE (SW) SPRINGFIELD MARKET AREA BEGINNING IN 2003.
DATA FOR THAT COMBINED AREA IS NOT SHOWN IN THESE CHARTS.
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. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.
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THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE
IN SPRINGFIELD, OR
IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
So for the
HAYDEN BRIDGE
RMLS Market Area, HERE ARE:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of OCTOBER
2001 - 2011:

NOTE: IN 2004 AND 2005 THE ACTIVE INVENTORY AT THE END OF THE MONTH WAS EQUAL TO OR SLIGHTLY LOWER THAN THE NUMBER OF CLOSED SALES DURING THOSE MONTHS OF MAY.
And a decade of Average Prices for Closed Sales
for the
Months of OCTOBER
2001 - 2011:
The 2011 increase in average price may be directly related to the fall in inventory. We'll need to see a couple more months of similar numbers to know for sure.
NOTE: THE RMLS SPLIT HAYDEN BRIDGE OUT OF THE (SW) SPRINGFIELD MARKET AREA BEGINNING IN 2003.
DATA FOR THAT COMBINED AREA IS NOT SHOWN IN THESE CHARTS.
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. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.
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IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
So for the
HAYDEN BRIDGE
RMLS Market Area, HERE ARE:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of APRIL
2001 - 2011:

NOTE: IN 2004 AND 2005 THE ACTIVE INVENTORY AT THE END OF THE MONTH WAS EQUAL TO OR SLIGHTLY LOWER THAN THE NUMBER OF CLOSED SALES DURING THOSE MONTHS OF MAY.
And a decade of Average Prices for Closed Sales
for Homes in Eugene, Oregon for the
Months of APRIL
2001 - 2011:

NOTE: THE RMLS SPLIT HAYDEN BRIDGE OUT OF THE (SW) SPRINGFIELD MARKET AREA BEGINNING IN 2003.
DATA FOR THAT COMBINED AREA IS NOT SHOWN IN THESE CHARTS.
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. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.
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THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN SPRINGFIELD, OR
IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
So for the
HAYDEN BRIDGE
RMLS Market Area, HERE ARE:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of MARCH
2001 - 2011:

NOTE: IN 2004 AND 2005 THE ACTIVE INVENTORY AT THE END OF THE MONTH WAS EQUAL TO OR SLIGHTLY LOWER THAN THE NUMBER OF CLOSED SALES DURING THOSE MONTHS OF MAY.

NOTE: THE RMLS SPLIT HAYDEN BRIDGE OUT OF THE (SW) SPRINGFIELD MARKET AREA BEGINNING IN 2003.
DATA FOR THAT COMBINED AREA IS NOT SHOWN IN THESE CHARTS.
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. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.
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