When moving into a “new” home there are many uncertainties, many of which cannot be realized until paperwork has been signed and the move is complete. Nobody knows you and your preferences better than you do. It is imperative that each buyer takes the time to do their own due diligence. How does one do […]
James Keane
Posted inNews
The Possible Return to a Normal Market
No need to panic; things are still hot in this
recently magma-hot market
The elephant in the room in real estate right now is and has been for a few weeks: interest rates! Yes, the rates have gone up recently, so what is going on in the market? Lots of things are changing and evolving, but right now demand is still high and inventory is low, so most […]
Posted inNews
Let’s Talk About Contingencies
Changes in 2022 on waiving inspections, appraisals
I wanted to take a moment to talk about some of the more popular contingencies that exist in most residential real estate sale agreements. A contingency clause “is a provision requiring a specific event or action to occur in order for the contract to be considered valid.” After a buyer and seller agree and have a […]
Posted inNews
There is Nothing to ‘Pop’
The shifting RE market does not equal bubble
Everywhere I go online it seems someone is posting some article (not too much unlike this one) about how the real estate market is in a bubble, and that soon that bubble will burst. The thing is none of it is very convincing, because for this to be a bubble something has to “pop.” To […]
Posted inNews
High Demand and Low Inventory
How did we get here?
There are lots of factors at play on the demand side. When the world was introduced to COVID-19 it seemed somewhat intuitive that inventory would be constrained. With people concerned about a pandemic, most would likely choose to stay put and to not bring strangers through their homes. As summer approached more people wanted out […]
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Thinking about selling your home?
Now is the time to get your property in order
So you want to get your home on the market and get top dollar. How can you best take advantage of today’s seller’s market? It is late January here in Central Oregon and inventory is low—not just because inventory has been low for two years, but also the seasonality of real estate. People flat out […]
Posted inNews
Strategies for the First-Time Homebuyer in Central Oregon
Control what you can control
It’s no secret that first-time homebuyers in Central Oregon are going up against numerous challenges in seeking their first homes. Historically low levels of inventory, along with people seemingly “lined up” to move here, have caused home prices to jump drastically in the last two years. These soaring prices, low inventory and huge demand have […]