Reasons Rental Properties are a Great and Safe Investment for Many. Here are some PROS and CONS that come with investing in Real Estate: PROS You own an asset that gets paid off & can bring you income with other people’s money (rents). These typically get paid on a monthly basis and become a passive income to you the investor. Overtime, rents increase and therefore your profits increase. And if you are financing the home, your monthly payment will only slightly increase overtime through property taxes & home insurance increases. Nationwide, and locally here in Lane County, Oregon ..read more

With interest rates on the rise, does it make sense to pay extra money to buy down my interest rate? The answer to that is “yes” and “no”. Here are our thoughts: ASK THE SELLER: With Lane County’s housing market shifting, we are finally coming out of the exhausted ‘bidding war’ frenzy. This is long-awaited, great news for buyers, and puts them in a position to do a little more negotiating with sellers. Let’s not over embellish this; currently we are seeing a softening in our seller’s market. Buyers won’t be able to negotiate the moon, but we are starting to see sellers give a little in pric ..read more

Is the real estate market in Lane County Oregon finally cooling down? Lane County Oregon Real Estate Data Corelogic recently came out with its analysis showing the possibility of home price declines over the coming year. While much of the states seem to be in a sheltered position, Lane County Real Estate was given a ‘high’ prediction, along with Deschutes County with a ‘very high’ possibility. Available Homes for Sale Eugene Oregon Our local data for Lane County and Eugene Oregon shows that while home on the market are increasing, we are still well below historical inventory levels. As of Mond ..read more

There is lots of rumbling in the market these days regarding inflation and home purchases. “Should we pause our home search?” , “Is a housing bubble coming?” , “What about the rise of mortgage rates?”. In this article, we’ll take a closer look at how the housing market has performed over the decades and during past inflationary times. Along with a look at renting as an alternative; and the current Eugene & Lane County housing market. What risks are involved with purchasing a home during periods of high inflation?   An old real estate joke asks: When is the best time to purchase a h ..read more

What is Eugene Oregon like? As the third-largest city in Oregon, Eugene is a great place to live and explore the local sights. From impressive city parks to historical museums, there are many things to see and do in this town. Here are a few of the highlights located in Eugene.  Alton Baker Park The Willamette River separates Eugene from the neighboring town of Springfield. Visitors can be found exploring the biking trails or other parts of this largest park in the city. Beyond the paved pathways, bikers can ride over bridges and connect to the other side of the river. The Pre's Trail is ..read more

If you are looking to purchase a second home or want an investment opportunity, you probably will have to take out another mortgage. You might be asking yourself, “how many mortgages can I have at one time?” This question is complicated, but here are a few things to help answer your inquiry. Why Do You Need Multiple Mortgages? There are several reasons why you would need to take out additional mortgages. In some cases, an individual will apply for a second mortgage on their home. This is a type of lien on a property with an existing mortgage.  Under specific situations, this lien gives ..read more

Owning a home is part of the American Dream. However, if you have bad credit, that dream can turn into a nightmare. There is good news for you. Just because you have bad credit doesn't mean your goal of homeownership is hopeless. Here are a few ways that you can finance your home and help build up that credit.  Credit Scores Matter When you have a high credit score, you are more likely to be approved by a lender. You can get qualified with a lower score, but you might be limited in terms of loan types and down payments.  Your credit score can range from a low of 300 to a perfect sco ..read more

Why Oregon? In recent years the state of Oregon has become one of the most popular places for people looking to relocate. Throughout this article you will learn why the “Beaver State” is quickly becoming one of the most admired states in the United States.  When it comes to Oregon, you have the option of choosing the climate you prefer living in.The state offers you mountainous views, the ocean right off the coast and beautiful forests.  When it comes to relocating there are many common factors everyone looks for in a new place they’d like to call home. Some of these factors include ..read more

Are you looking to move to the best neighborhoods in Eugene? This Oregon city is often named as the most desirable place to live in the country. It is home to several art districts and offers plenty of opportunities for outdoor adventures. If you want to settle down in this city, here are the 10 best neighborhoods in Eugene, Oregon.  Editor’s Note: This list is in no particular order. 1.Laurel Hill Valley The boundaries of the Laurel Hill Valley neighborhood extend northwest along Laurel Hill Drive and Interstate 5. This calm neighborhood is one of the oldest in Eugene. If you are looki ..read more

In the last few years, the way gains are taxed when selling a primary residence has changed. You’ll want to review the rules if you are considering putting your house up for sale or have recently sold your home. Selling Your Eugene, Oregon Home Did you own and live in your home for at least two of the last five years before selling it? If it was your primary residence for two years minimum, up to $250,000 of the profits from your home may be exempt from federal income taxation. If you are married and file federal income taxes jointly, this doubles so that $500,000 is exempt from taxes. Howeve ..read more