The spring real estate season is already upon us with lots of people wanting to buy homes earlier due to the relatively low housing inventory in many cities, including Bend. Analysis of the nationwide data gathered by the National Association of Realtors (NAR) for the first three weeks in February indicates time on the market […]
Nick Nayne, Principal Broker
Principal Broker at The Broker Network Realty in Bend, OR. Over 12 years experience in Real Estate working with buyers, sellers and investment properties.
Posted inCulture
Take Me Home 2/24-3/2
Effect of Commuting Costs On Home Buying Decisions
Last year, millenials surpassed baby boomers as the nation’s largest living generation, according to the U.S. Census Bureau. These 20 and 30-somethings are now becoming first-time home buyers and their needs for affordable housing and difficulty in finding housing are the subject of many real estate blogs. Another aspect of this generation not often considered […]
Posted inCulture
Take Me Home 2/17-2/24
Renters Pay a Mortgage, Just Not Their Own
Among middle aged Americans, 40 percent do not own homes, with just under one-third of renters saying not being able to afford a down payment is the main reason. Furthermore, 44 percent of younger millennials surveyed said they do not want to buy a home at this time. This may be due to a need […]
Posted inCulture
Take Me Home 2/10-2/17
Good Things in Small Packages Downsizing is a popular trend manifesting right now in millennials’ and baby boomers’ penchant for smaller and alternative homes. Retirees downsizing may look to purchase a smaller home with the equity in their existing homes. Budget-conscious millennials look to smaller homes for affordability. With the two largest segments of the […]
Posted inNews
Take Me Home 1/27-2/3
The affordable housing crunch and ways of alleviating it have been on my mind these past few weeks. In Bend, some have suggested that we need to expand the urban growth boundary, providing more land for development and then build more affordable housing. There are both advantages and disadvantages to consider in taking this approach, […]
Posted inCulture
Take Me Home 1/20-1/27
Affordable Housing for Bend From tiny homes to micro homes to co-housing, the objective seems to be people trying to create affordable community housing solutions. The lack of affordable housing appears to be an issue in many communities and very much so in Bend. It seems that when a person chooses to work in our […]
Posted inCulture
Take Me Home 1/13-1/20
Cohousing – A Place for Community A viable alternative to the dilemma of placing a tiny house is found in creating a permanent cohousing community of small homes that are larger than the typical tiny homes on wheels. According to the Cohousing Association of the United States (cohousing.org), there are 158 established communities in the […]
Posted inNews
Take Me Home 1/6-1/13
Why aren’t there more tiny homes around?
In the last few years, I have regularly seen blogs about tiny houses and wondered why there are not more of them around. The tiny house movement seems to be spreading and charming people with its eco-friendly designs and financial perks. Most of you I’m sure have heard about them, but also haven’t seen them […]
Posted inNews
Take Me Home 12/30-1/6
TAKE me home Remodeling Bang for Your Buck By Nick Nayne, Principal Broker, The Broker Network, LLC Many homeowners remodel their homes to improve livability and functionality, resale value, or just because they want to make some changes. The National Assoication of Realtors just released its 2015 Remodeling Impact Report. According to this report, as […]
Posted inNews
First Time Home Buyers Face Challenges
First Time Home Buyers Face Challenges By Nick Nayne According to the National Association of Realtors most recent annual survey of homebuyers, the percentage of first-time homebuyers is at the lowest point since 1987. The historic average of homebuyers identifying themselves as first time homebuyers was 32 percent, whereas the historical average is about 40 […]