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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.

nnayne@gmail.com
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Nearly Half of Homeowners Hit with Surprise Repairs

Unexpected repairs can be very costly
Avatar photo Nick Nayne, Principal Broker

A recent survey of U.S. homeowners found that nearly half experienced unexpected home repair costs that created considerable anxiety. Protecting yourself against unexpected major repair costs is particularly important for first-time homebuyers who typically have very limited budgets, particularly during their first winter. There are some ways for new homebuyers to protect themselves. The first is […]

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Bend October Sales Show Increased Median Price and Sales Volume Over Prior Month

Price and sales volume increase after summer cool-off
Avatar photo Nick Nayne, Principal Broker

Following an unexpected cooling-off period this summer, our local real estate market took an unexpected swing in the opposite direction for October. According to October 2018 Central Oregon MLS statistics for Bend single family residences (excluding condos and manufactured homes) on one acre or less, the market heated up again, with the median price increasing […]

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Tiny Home Community

Rent-to-own stick-built tiny homes
Avatar photo Nick Nayne, Principal Broker

Tiny homes have fascinated many people as a possible solution to the housing affordability crisis. Detroit, Mich., has recently started a rent-own tiny home community that even minimum wage earners can afford. A book and videos on the program provide ideas to other states to adapt it to their situation. In a nutshell, Cass Community […]

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Haunted Housing

Hints on buying a home with a history in Oregon
Avatar photo Nick Nayne, Principal Broker

Most states require a seller’s property disclosure statement on the condition of a house—but many, including Oregon, do not require disclosure of prior deaths, crimes or other stigmas that might be associated with a home. A spooky or creepy history is important to many people, so how can they find out if the home has […]

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Home Sales Volume Related to Supply of Affordable Homes

Inventory decline of affordable homes appears to be major factor in sales declines
Avatar photo Nick Nayne, Principal Broker

Looking at reports on national statistics relating to the recent home sales decline, I took another look at the inventory levels for September 2017 and compared the figures to September 2018. Both last year and this year, Bend single family residences on 1 acre or less and priced under $400,000 had the highest number of […]

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Affordable Housing a Topic in Many Election Debates

A defining issue for voters and candidates
Avatar photo Nick Nayne, Principal Broker

The affordable housing crisis is becoming a defining issue in political campaigns on both a national and local level. As a realtor, the affordable housing crisis is very apparent, so it’s no wonder that affordable housing is an important issue for me in our upcoming election. Currently, even the local employers paying people over $40,000 […]

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Stats Show Cooling Off in Price Growth

2018 Year-to-date median price up only 2 percent over 2017
Avatar photo Nick Nayne, Principal Broker

Just as the weather cools in the fall, so does the typical real estate sales volume. According to September 2018 Central Oregon MLS statistics for Bend single family residences (excluding condos and manufactured homes) on 1 acre or less, the market is cooling down—as is traditionally the case. For September, there were 196 home sales […]

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Chinese Tariffs Could Translate to a $1 Billion Tax on Housing Materials

Increases in material costs and labor shortages raise worries about housing affordability
Avatar photo Nick Nayne, Principal Broker

Our local and national real estate markets have been experiencing high demand for housing, but affordability has been a challenge, with increasing costs for materials and land, labor shortages to build those houses, rising interest rates, increased regulations and fees—and now, trade skirmishes that will likely exacerbate the housing affordability crisis. The National Association of […]

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American vs. European Dream Homes

Recent survey shows similarities and differences
Avatar photo Nick Nayne, Principal Broker

A recent survey of 600 Americans and Europeans about their ideal homes showed some interesting results. The survey, conducted by Porch.com, showed many similarities, but some big differences as well. The survey asked respondents about their ideal home in terms of square footage, exterior style of home, flooring preferences and so on. Both groups tended to […]

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