Take Me Home | The Source Weekly - Bend, Oregon
The Times, They Did Change

The Times, They Did Change

Impacts of COVID-19 on real estate
As Central Oregon begins to reemerge slowly and safely from quarantine, many are anxious to get back to normal and accomplish the real estate goals put on hold due to the pandemic. A large number of buyers and sellers are ready to make their move but everyone is still asking themselves, what is this market doing? 

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 “enemy” 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 that make up the U.S. economy as a whole.

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 society’s approach to physical interactions.

Property Managers and COVID-19

Why using a property manager is crucial during a crisis
In recent weeks, life as we know it has changed. In fact, the word change is rather an understatement.

The Joys of Home Ownership

More to it than just a smart investment
The financial reasoning for homeownership is bountiful: increased equity and wealth building, great tax benefits and predictable monthly payments—especially evident in today's current rental situation with rents being raised frequently and excellent long-term investment potential. However, some of the lesser discussed advantages are more sentimental.

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 mortgage rates.

Housing for All

Why affordable options matter
The separation of wealth across this nation has been growing for years and Central Oregon is not immune to this. An enormous influx of people from out of town purchasing homes at top dollar continues to drive sale prices higher and higher, demonstrating the simple law of supply and demand.

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?

Growth + Rising Costs vs. Affordable Housing

Healthy and happy cities are dependent on affordable options
The pace of growth in Central Oregon is simply staggering, drawing people from all over the U.S. because of the high desirability. Homebuyers moving here refer to Central Oregon home prices as "affordable" compared to where they're coming from—mostly metropolitan areas where sales prices have soared.

Due Diligence: The Homework of Buying a House

It's more than the house. It's also the neighborhood.
Fourteen years ago, I was riding around a northwest Bend neighborhood with my mother, looking at homes and the general area. We found ourselves near the local high school as students came out and parents were pulling in for pickup.

Opportunity Zones

Creating opportunities, or just another tax for the rich?
The Federal Opportunity Zone program was created in 2017 through the Investing in Opportunity Act—part of Tax Cuts and Jobs Act. The goal is to stimulate economic development and job creation in economically distressed communities by encouraging long-term investments in low-income neighborhoods.


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