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Honestly, what is happening to the market in Eugene OR? Seems as cloudy as the weather...

By
Real Estate Agent with Key Realty Group Inc. 200512291

Prices are down in Eugene as most of the country but not quite as bad as most. You can say the market is as mild as our climate not to hot not too cold.. This is an excellent time to buy in one of the steadiest markets in the country. We seem to stay above #15 best markets in the country. Salem (Marion County) 50 miles to the north was #1 in appreciation last year in the entire us. The city of Eugene has a very strict urban growth boundary and a large liberal population. This keeps new construction and market growth exploitation at bay. We have many unique protected nature reserves in the city as well. The weather also plays a part. It's mild enough to keep people coming but not enough sun to make it a too much a hot spot for the masses to relocate. I expect prices to be flat with the occasional desperate seller dropping far below the line making it a great place and time to invest or just buy no matter what neighborhood .