New Home Construction Picks Up

CRESWELL, Ore. — Pending sales of existing homes in the United States beat out expectations in March. According to the National Association of Realtors, contracts to purchase preciously owned homes rose 3.4 percent. That’s the most in almost three years and the first gain in nine months. But when it comes to new homes, the … Continue reading »

Local Housing Market Improves

EUGENE, Ore. — Even though other parts of Oregon saw home foreclosures jump in recent months, Lane County is seeing steady growth. Real estate experts say the housing market, especially in Portland, is still suffering from the ripple effect of the 2008 housing crisis. However, they say month-to-month foreclosure rates can be deceiving, and Lane … Continue reading »

Building Permit Applications Increase

EUGENE, Ore. — A new housing report showed a nationwide decline in new housing projects during January, but in Eugene new projects have increased. The city says that over the past six months it has processed 10 percent more residential building permit applications. This is also up 20 percent from the same six-month period, last … Continue reading »