As a realtor who helps numerous clients sell their older homes, I often use Realtor.com for useful hints on how to create an appearance of more space—often an issue in smaller homes, such as those found in the downtown Bend area. As fall sets in and we focus more on the interiors of our homes—and […]
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.
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How the Equifax Breach Could Mess Up a Home Purchase
Y ou may have heard about the Equifax breach, which compromised the information of about 143 million Americans. For consumers trying to obtain a mortgage, this could have serious implications such as delays in loan verification due to additional safeguards that might be implemented. The biggest impact is if scammers use stolen information to obtain […]
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Flood Insurance in the Wake of Hurricane Harvey
T he recent flooding from Hurricane Harvey and the approaching expiration of the National Flood Insurance Program opens up a lot of discussion about flood insurance. The program was established in 1968 and expires on Sept. 30. The concern is that the annual shortfall of this program is $1.4 billion. The intent of the program […]
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Nationally, Half of Homes Sold in Less Than a Month in July
A ccording to a recently released report by the National Association of Realtors, more than half of all July listings were under contract in less than a month. According to the report, July is the fourth consecutive month that homes have accepted offers in less than one month. Nationally, the median home price for July […]
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Suitcases Full of Cash
Tips for Competing Against Cash Buyers
I n recent years, cash buyers, many of whom are investors looking for rental properties, have made it difficult for first-time homebuyers to purchase homes in the lower price ranges. This is a common scenario for first-time buyers seeking an affordable home in a decent location. In a recent article in Housing Wire, the split […]
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Are Remarks About a New Housing Bubble Founded or Unfounded?
As the housing market continues to recover from the great meltdown, we hear concerns from many people that we are approaching another bubble. According to a recent article in Forbes, 58 percent of the respondents to a survey felt that there will be a housing bubble—and correction—in the next two years. Considering that housing price growth […]
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Real Estate Statistics for July 2017
The Beacon Report, based on real estate statistics from our local MLS, released its report on July 2017 figures, which allow some interesting comparisons to last month’s and last year’s Bend single family residence sales of 1 acre or less. According to the report, closed sales in Bend for the month of July 2017 decreased […]
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The Decline of Cookie Cutter Homes
W hen helping people find a home, I often hear “I don’t want a cookie cutter home.” A cookie cutter home typically refers to a tract-type homes that look pretty much the same from the exterior. Many of these homes were built after World War II when there was high demand and a low supply […]
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June 2017 Real Estate Statistics for Central Oregon
The Beacon Report, based on real estate statistics from our local MLS, released its report of the June 2017 figures which allow some interesting comparisons to last month’s and last year’s Bend single family residence sales of one acre or less. According to the report, closed sales in Bend for the month of June 2017 […]
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Homebuyer Counseling
As a realtor, I receive considerable information on helping people become homeowners. What has surprised me is how often I hear that many of these programs are underutilized or people find out about them too late. According to the Harvard Joint Center for Housing Studies, access to housing and homeownership counseling can make a big […]