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Central Oregon Real Estate Mailbag

Answering your real estate questions

Q: Should I buy my first house right now? -Leslie R A: Lots of ways to tackle this question. The answer is not the same for everyone as everyone’s circumstances can be different. Sure, rates are higher today than they were a few months ago. The consolation prize is that prices are down and inventory […]

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Should I Rent or Own?

Choose the long-term investment that pays off

Buying a home is the biggest decision many people will make. While this can be very daunting, it is also extremely exciting. Whether you are paying rent or paying a mortgage, these are both expenses and a major part of your budget. The difference is, once you own a home that money is being invested into […]

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Short Term Rentals

Changes incoming for 2022

Over the last decade, the rise of short-term rentals has grown tremendously. Now, when traveling for work or vacation, one has options of where to stay beyond the classic hotel. Short-term rentals allow homeowners to rent out a room or the entire property for a term under 29 days (defines short term). It is also […]

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Home Inspections

Making the most of your inspection

Home inspections are often the most nerve-wracking part of real estate transaction for all parties (buyers, sellers, agents). If a deal is going to fall apart, most of them begin to unravel during the home inspection process. Sometimes buyers get “cold feet” after finding out about some small or large issues; sometimes the buyer and […]

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Attention, First-Time Homebuyers

What’s important to do right now?

If you are a first-time homebuyer, now is a great time to be preparing, planning and learning about the best ways to enter our market. With more homes available to purchase and a slowing in price acceleration, buyers who have felt squeezed the last two years may want to revisit their options. If you’re thinking […]

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Real Estate Mailbag

Answering questions from our readers

I thought we would switch up the style a little bit this week and answer some questions that have been submitted to us over the last few weeks. Q: I am curious as to what percentage of residential real estate sales in Deschutes County are cash buyers (no financing/mortgage needed)? Also, has this percentage changed over […]

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Changes In SE Bend

Caldera High and Alpenglow Park are among this neighborhood’s new features

I wanted to take a quick break from the typical article about the changes in the local real estate market and talk a little about the changes happening in Bend. I spend quite a bit of time driving around various parts of Bend, so one thing that I do notice is how things seem to be […]

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The Return of Inventory

In the ever-shifting real estate market, a return to more “normal”

Some interesting things are starting to happen in the Bend real estate market as we head full speed into the typical “busy season.” This year we have seen a massive shift as the year has gone along from frenzied to busy. Now when I say busy, I am speaking generally, the last couple years withstanding, […]

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What’s Really Happening with Mortgage Rates?

It’s important to understand the context beyond the headlines

A topic that’s on most people’s minds today: mortgage rates. That’s understandable. Since fall 2021, we have seen mortgage rates increase significantly. The trend affects homeowners, would-be homeowners and the greater financial and real estate markets. So, why the seemingly sudden rise in rates? While there are many factors that affect rates, the number one item […]

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