Take Me Home

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 […]

ADUs, or accessory dwelling units, are a hot topic in Bend real estate. And for good reason. As of January of this year 702 ADU permits have been approved in the City of Bend since 2001. Some 516 of those permits have been approved in just the past five years. With increased interest in ADUs […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

While the term “1031 exchange” is common among real estate brokers, it may be less common outside the real estate industry. So, what is a 1031 exchange, and how does it work? The name “1031 exchange” comes from U.S. Internal Revenue Code Section 1031. This code allows property owners to avoid paying capital gains taxes […]

By now, you’ve likely seen headlines indicating a change is taking place in the real estate market, both nationally and locally. It’s true. A shift is happening. But the sky is not falling. In actuality, the market appears to be stabilizing, or correcting, and that means buyers have a window of opportunity after experiencing two […]