It is not new news that the real estate market across the country is on fire. The limited inventory and high demand are driving one of the most competitive markets that we’ve seen, and it truly is a seller’s market. Does that mean that selling a home is as easy as popping a for sale […]
Christin J Hunter, Broker
Posted inNews
Identifying Housing Needs and Goals
Defining needs versus wants in real estate
What does one want in a home? It seems like a relatively straightforward question; yet may not necessarily be the right question to ask when beginning a search for a home. Expanding on the question of “want” to include a clear picture of needs, desires and attainability will help organize the variables to be considered […]
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Median and Average/Mean Home Price
What’s the difference and why it matters
The real estate market has been a hot topic of conversation in Central Oregon for the last several years, and especially in the last year. There’s no shortage of news stories about the market activity and particularly the growth in the median home prices around Central Oregon. When shopping for a home or reading and […]
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Winter 2021 is Looking Much Different Than Years Past
High demand has taken “typical winter” market conditions out of the equation
Thus far, the winter season of 2021 has been anything but typical. We’ve been blessed with warm days—that is, warm within in the context of Central Oregon’s version of winter warmth. Central Oregonians are finding themselves spending more time outside than is usual for the winter months, and then of course there is the housing […]
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Cash Is King….
Why it is that cash offers usually win the sale?
It is no secret, nor surprise, that Central Oregon has been experiencing considerable demand for housing for the last several years. In 2020 the demand soared while the inventory dwindled. The inventory shortage, coupled with an already competitive market, has made the current market equal to an Olympic-style competition. It’s become commonplace for buyers to […]
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Do Permits and City Ordinances Really Matter?
Things to consider when building that chicken coop or bumping out the master bedroom a couple feet
Getting a permit or checking city ordinances before making changes or additions to one’s property may feel like unnecessary trouble—but when selling, being in compliance and having permits will prevent major headaches, potential issues and quite possibly the transaction. Cities, counties and municipalities all have ordinances and permit requirements for a reason. And no—that reason […]
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What Does 2021 Hold for the Housing Market?
Experts say it will be even stronger than 2020
The year 2020 has been anything but usual and the housing market is no exception. The housing market has been fueled by 50-year low interest rates and a tsunami of relocations driven by a significant increase in remote workers. Combine this with the growing desire/need for more space and the result is a housing market […]
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Holidays, COVID-19 and Real Estate Showings
The ever-evolving list of considerations when viewing property
It’s no secret that the real estate market is one sector of the economy where the effects of coronavirus have had the opposite influence than on the vast majority of the U.S. economy. From the start of the pandemic, the real estate industry in Oregon has been considered an essential business/industry. In fact, the real […]
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Things to Think About When Negotiating Repairs After a Home Inspection
Five tips for consideration before the negotiation begins
It is a common belief that once an offer is accepted, the negotiation phase of the sale process is over. It’s easy to get that impression, with all of the real estate shows on cable TV and streaming services these days. They make look so easy, right? Unfortunately, those shows typically do not involve the […]
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Market Update: Median Prices Jump Again in Central Oregon
October statistics continue to break records
As has become the norm, things are constantly changing, and records continue to be set in 2020. The real estate market nationally has experienced tremendous price growth in the last eight months, and Central Oregon has stayed right on par—even higher than the national average. Once again, in October, Central Oregon experienced another increase in […]