Reaching the affordability ceiling
Reaching the affordability ceiling By Elon Glucklich Posted Jan 27, 2019 at 5:01 AM Updated Jan 27, 2019 at 2:24 PM No end in sight for the cost battle entry-level home buyers face in Eugene-Springfield While sales have been swift in a Spring Capital Group subdivision project — on one of the largest developable tracts of lane in or immediately near the Eugene-Springfield urban area — it doesn’t show any signs of easing the growing affordability crunch facing local entry-level home buyers. Since getting its subdivision plat recorded, the local developer has finalized contracts to sell 122 of its 192 home lots at the far northern edge of the city limits since the lots became available in early December, firm principal Tom Connor Jr. said. Seven miles south, just outside Eugene’s southern boundary, prominent Creswell developers Norman and Melvin McDougal have been busy clearcutting and building a network of gravel roads t...