by René Nelson | Dec 15, 2009 | Market Trends
November Residential Highlights Download the full report This November, sales activity in Lane County continued to outpace totals from the same month a year ago. Compared to November 2008, closed sales rose 34.4% and pending sales increased 1.6%. New listings dropped...
by René Nelson | Dec 14, 2009 | Market Trends
Oregon reported 3,160 properties with foreclosure filings in October, down 9 percent from the previous month, but still 11 percent above the level reported in October 2008, according to the latest RealtyTrac® U.S. Foreclosure Market Report. “Oregon welcomed a drop in...
by René Nelson | Dec 9, 2009 | Market Trends
Fannie Mae (FNMA) and Freddie Mac (FHLMC) have recently raised credit standards and many homebuyers may not qualify to buy a home. According to Ladelle White of Madrona Mortgage in Eugene, Oregon the lending arena is getting ready to experience big changes. Two of...
by René Nelson | Nov 16, 2009 | Market Trends
The credit crisis, which is fallout from the subprime housing debacle, essentially shut down mortgage lending and other loans critical for real estate sales and refinancing in 2009. Commercial banks are watching delinquencies increase and vacancies continue to rise,...
by René Nelson | Nov 15, 2009 | Market Trends, Tips
Market Trends for Lane County 2009 While Pacwest specializes in commercial real estate, we feel that it’s important to keep our clients informed of the activity in the residential arena. At October’s rate of sales, the current 1,939 active residential...
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