According to a recent New York Times article, the legalization of cannabis in many areas is leading to increased consideration of hemp as a building material. Hemp has been used in structures going back to ancient times, and now there are homes being built with Hempcrete— a mixture of the woody fibers of the hemp […]
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Housing State of the Union
Strong demand for homes and low inventory levels continue in Central Oregon
Ahead of the presidential State of the Union Address, The National Association of Realtors released its own Housing State of the Union Report. On a national level, housing prices have continued to rise. Central Oregon is experiencing the same issues as most of the country: strong demand for homes—particularly starter-level homes—and low inventory levels and […]
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Headache!
Buying A New Home While Selling Your Current Home
As the busier spring and summer home buying seasons approach, many homeowners are looking to put their homes on the market, while also looking for a new home. This has been a challenge due to the lower inventory levels and the competitive market, which make it difficult to find a replacement home. Selling a home […]
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The New Tax Bill and How It Will Affect Real Estate
Little tax difference between renting and owning expected for 90 percent of taxpayers
As you might expect, the National Association of Realtors was heavily involved in lobbying to preserve incentives and benefits for homeownership during the recent tax reform process. A recent analysis of the effects of the new bill show benefits for renters, still preserving most home ownership incentives. The doubling of the standard deduction to $12,000 […]
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As Expected, Bend Real Estate Market Ends with Another Strong Year
Bend’s median prices increased by 8 percent
The Beacon Report, based on real estate statistics from our local MLS, released its report of the December 2017 figures on Bend single family residence sales of 1 acre or less. The latest report also gives us the complete statistics for the year 2017, with some interesting comparisons to last year for Bend and surrounding […]
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Multi-Generational Living
The New Frontier of American Life?
During the recent Great Recession, many millennials found themselves moving back to their parents’ homes or delaying moving out. While housing affordability has been a strong influence on the increase in multi-generational living, this more traditional lifestyle is being embraced by more Americans and is also influencing new housing design. According to Pew Research Center […]
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A look back at 2017 and what the new tax plan will bring in 2018
As 2017 comes to an end, the U.S. real estate market has continued to be strong overall—all while housing affordability remains a big issue both nationally and locally. As a millennial and realtor, I regularly encounter people in my age group who are unable to buy a home because they cannot save money and have […]
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Investing in Affordable Housing for Workers
In Bend, like in many other areas, employers are having trouble recruiting employees due to the high cost of housing. I’ve heard many stories of Central Oregon employers not being able to hire workers because the prospects decline their job offers once they try looking for a place to live. We’re not talking about low […]
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Beacon Report November 2017
The Beacon Report, based on real estate statistics from our local MLS, (Multiple Listing Service) released its report of the November 2017 figures on Bend single family residence sales of 1 acre or less. Bend real estate price statistics for November 2017 pretty much followed historical patterns of seasonal decline. Closed sales in Bend for […]
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Live-Work Spaces: Pros and Cons
A live-work space combines your work space with your living quarters. The Internet has made it possible for many people to work from home and has increased the popularity of such housing. With the continuing rise in costs of commercial office space, it makes sense to own or rent a live-work space. This is not […]