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It’s no secret that first-time homebuyers in Central Oregon are going up against numerous challenges in seeking their first homes. Historically low levels of inventory, along with people seemingly “lined up” to move here, have caused home prices to jump drastically in the last two years. These soaring prices, low inventory and huge demand have […]
The median sales price of a single-family home in Bend has risen to $683,000 as of December 2021. This is an increase of almost $160,000 since last year and over $240,000 from December of 2019, when the median sale price was $440,000. This increase has made it more difficult for many to afford homeownership, especially […]
Our 2021 is winding down and it is without question that this past year proved to be one of the hottest and dramatic years for the real estate market. After the 2020 surge, many questioned what was going to happen to the housing market as we navigated our way through the second year of a […]
This is the second article in a series highlighting ways to give a home more perceived value in the buyer’s eyes through remodeling projects before bringing the home to market. Our last article touched on painting and kitchen remodeling. If there is still a budget left for projects, here are some other areas of the […]
Etiquette is defined as a customary code of polite behavior in social and professional settings – the behavior exhibited in interactions with family, friends, coworkers or strangers. When looking for a home, it is easy to get swept up in the emotion and excitement, and in some cases the frustration of the process. This can […]
The value or sale price of a home is ultimately dictated by what a buyer is willing to pay and what a seller is willing to accept. Although sale prices will follow market trends, not all homes are created equal and prices will vary greatly between similar homes. This is largely dependent on the perceived […]
Every property has a story and its idiosyncrasies. It can be said with complete certainty that every home has flaws. In fact, it is highly likely that at some point during homeownership, something has occurred that will need to be disclosed when the property is sold. As a broker who has spent over a decade […]
The first two quarters of the year brought a very heated home market. It was and is a seller’s market, meaning that due to lack of inventory and high demand from buyers, the seller has more leverage during negotiations. As a home seller it’s important to identify goals for the home sale. For some it’s […]
Each homebuying pursuit begins with a dream—and more often than not, that dream very quickly turns into fantasy. Homebuyers and particularly first-time homebuyers have plans and visions of their dream property with all the bells and whistles, in flawless condition, in the perfect location and all for a bargain price. In 2012 all of that […]
Countless home improvement shows populate the networks, presenting viewers with all of the possibilities of remodeling. Most of these shows do give a “realistic” view of what is entailed in renovating a home, but there is one topic that is often overlooked: over or under improving a home. This occurs when a home is updated […]
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