Can prices on Eugene Real Estate or Springfield Oregon homes go down further? Who knows. But what we do now is that most people cannot remember a time when Eugene homes were this cheap and rates this obscenely low? No.

Houses in Eugene Oregon have seen price lows that I haven’t experienced since the 90s and even some Springfield Oregon homes for sale under $100,000. That’s a loan payment less than $750 in rent for three bedroom Eugene houses ! I’ve never seen a time where you can buy for less than the cost of rent.

Another truth is that with the bad news in the news has created a market dip on loan rates. One more reason to get into real estate in Eugene Oregon or any other area in our Eugene MLS listing area because this won’t last for long.

Why rush do you ask? Why start shopping for homes for sale in Eugene Oregon now versus waiting to see if property prices decrease:

A good rate trumps a drop in price nearly every time.

To put that in perspective here is how the numbers look:

If rates go up to what was considered a "normal" rate at one time say 7% which may cause a decrease in price of a $200,000 house in Eugene of say $20,000. However, the rate would actually save you tens of thousands of dollars more over time than what you saved by the lower price. And… if property values do not go down which could happen? You will be paying allot more for the house.

Last reason to hurry and buy is that according to Eugene Oregon MLS Eugene Oregon homes for sale are starting to sell. Sean and I, Joe Williams , have between the two of us made nearly 20 offers in three weeks or so. Simply an amazing time to buy homes for sale in Springfield Oregon and any Eugene Oregon real estate for sale that are priced right. We will personally help you get the best price around.