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Forward Progress and Upward Trends after May’s Real Estate Reports

Who is ready for some good news?

The past several months have been ones filled with uncertainty, fear, scarcity and a host of other emotions; all of which had a huge impact on the markets. The stock market tumbled, the real estate market experienced a massive downturn in new inventory and pended transactions, unemployment skyrocketed and the political divide over COVID-19 and […]

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Is the Market Going to Experience a Downturn the likes of the Great Recession?

The question I’m asked almost daily

The weather is warming, the signs that summer is afoot are all around us and we are officially living a new “reality.” Historically, spring and summer months in the real estate market are bustling with energy and excitement. As we know, nothing about 2020 has been typical or could even be described as remotely normal. […]

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COVID-19 Impacts on Central Oregon’s Real Estate Market

Are homes selling, and at what price?

As we are all acutely aware, the United States and global economies as a whole have been dealt a significant blow by an invisible, undiscriminating โ€œenemyโ€ to the human race. News cycles, government briefings, social media outlets and community conversations all invariably involve the current and projected economic situations of the market sectors and industries […]

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Personal Protection, Social Distancing and Real Estate

What approach are professionals in the industry taking to keep themselves and their clients protected from COVID-19?

Six weeks ago, life and the modes of human interaction took a massive turn in direction no one was prepared for or could have imagined. Not only has COVID-19 completely changed how people interact with each other for the short term, but also will have a lasting impact and quite possibly irreversible change in societyโ€™s […]

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COVID-19 and Real Estate

Market updates, new real estate practices & what lies ahead

Our news cycles, social media feeds and conversations are predominantly focused on the everchanging impact that COVID-19 is having on the economy, health care, social interactions, government guidelines and business. As a real estate professional, my phone and email is lighting up with questions about the impact of COVID-19 on the real estate market and […]

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Mortgage Rates, The Tumble of Bond Yields and the Coronavirus

What does all of this mean for buyers and current homeowners?

In recent weeks, news of the rapid global spread of the novel coronavirus COVID-19 has dominated conversations, news cycles, social media and global economic markets. But what does COVID-19 have to do with real estate? Well, considering that mortgage rates fell last week to the lowest rates we’ve seen since 2012, it’s clear that fears […]

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Millennials’ Home Trends for 2020

A generation entering the market later than their predecessors

The millennial generation has long been a topic of discussion among those in the real estate industry. One reason: In the last five to eight years it’s become apparent that this generation hasn’t followed the traditional homebuying trends of preceding generations. Millennials are renting longer and purchasing homes later in life; previous generations historically purchased […]

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Managing Expectations when Buying Rental Property

With luxury market rentals, a different set of “rules”

When purchasing rental property, buyers should consider several factors, including capitalization rates, rental comparisons, neighborhoods, the target demographic for said rental property and vacancy rates. It’s no secret that Central Oregon has experienced a tight rental market for several years. We continue to hear that there is a shortage of rental property in Central Oregon […]

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