Metropolitan Statistical Area (MSA):
Eugene, OR is a Metropolitan Statistical Area (MSA) comprising counties including Lane County.
There is no doubt that the Eugene, OR metropolitan statistical area (MSA) is one of the hottest housing markets in the country right now. Home prices have been on the rise for several years now, and there is no end in sight. The combination of strong job growth, low interest rates, and a limited supply of homes for sale is creating a perfect storm for sellers.
If you are thinking about selling your home in Eugene, OR, now is the time to do it. Prices are at all-time highs and there are more buyers than ever looking to purchase a home in the area. In order to maximize your profits, it is important to work with a real estate agent who knows the local market well and can help you price your home competitively.
If you are not ready to sell just yet, that’s okay too. Now is also a great time to invest in Eugene real estate. Rental properties are in high demand due to the strong job market and lack of affordable housing options. By investing in a rental property now, you can take advantage of these trends and generate significant income down the road.