It’s no secret that the real estate market has been the bright spot in the U.S. economy over the last year. Property values have increased an average of 13% nationally since February. It should come as no surprise that property owners are taking advantage of tremendous increases in values | cashing on the equity gains. […]
Christin J Hunter, Broker
Central Oregon’s Median Home Prices Jump Again in September
One of the strangest recessions on record! That is the general consensus when people are evaluating the real estate market, knowing that the U.S. is technically in a recession. The real estate market is experiencing record-breaking numbers both locally here in Central Oregon and across the U.S. as a whole. In February, the national median […]
Real Estate Leading an Economy Hindered by COVID Complications
The leaves are beginning to change color, the mornings are cooler and crisper, and fall is in the air. As we begin to round out the third quarter of a year that has been everything but business as usual, the data on the real estate market continues to demonstrate housing is leading the way with […]
Purchasing Land to Build a Dream Home?
When deciding to purchase vacant land, there are many things to consider, as it can be a complicated process. The first thing to know is that buying vacant land is not the same as buying a property with an existing structure or dwelling. As with any real estate purchase, research is incredibly important. It’s crucial […]
Competing in Today’s Market
It’s no secret that the real estate market is anything but typical for a recession. The market is incredibly competitive, with many properties seeing multiple-offer situations and going under contract within 24 to 48 hours. In today’s market, it’s crucial that buyers have all of their proverbial ducks in a row; one small item can […]
Capitalization Rates Explained
Ever wonder how real estate investors determine what properties they are going to buy and how they determine if the property is a “good” investment? Contrary to owner-occupied real estate investments, which are generally purchased to suit the comfort, style and size of the purchaser’s desires, real estate investment property purchases are primarily based on […]
Don’t Spike the Ball Before the Touchdown is Called
The offer has been accepted, the inspection contingency removed and the loan is approved. That means it’s time to celebrate, right? No! We have all at one point or another heard of that football player who had a spectacular run and was so enthused in assuming the touchdown was guaranteed, that they spiked the ball […]
Real Estate Inventory is at an All-Time Low
In recent years the Central Oregon real estate market has been no stranger to low inventory. In June 2020, the region took a dip to less than one month of inventory for the city of Bend. Inventory is the number of homes actively for sale. There just isn’t enough housing inventory for the number of […]
Contingencies in a Real Estate Purchase Agreement
A contingency in real estate is best explained as a clause in a contract where a specific condition or criteria that must be met in order to continue the forward movement to the next step in the contract. In real estate, a contingency is defined as a condition that must be met by either the buyer […]
Redlining: The U.S. Heritage of Inequality in Homeownership
Fifty-two years ago, President Johnson signed the Civil Rights Act of 1968. The Act prohibited the discrimination on the sale, rental and financing of housing based on race, color, sex or national origin. Title VIII of this Act is known as the Federal Fair Housing Act, later amended in 1988 to include the prohibition of […]

