The year 2020 will go down in the history books as an unprecedented year in many regards. The real estate market in Central Oregon was no exception. Since approaching the year’s end it seems appropriate to begin reflecting on this year’s real estate activity. The National Association of Realtors reported that existing home sales hit […]
Bend Oregon Real Estate
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Sprucing Up Your Home to Sell It, Without Losing Your Mind
Getting ready to sell your house? Spring and summer are typically higher-volume home sale times, and even though our area is very much a seller’s market, there’s a lot more involved than putting up a “For Sale” sign. Just like you might wash, wax and detail your car before selling it, similar principles apply to […]
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The Backdoor Revolution: The Book
As last week’s feature story in the Source highlighted, many people in Bend are adding accessory dwelling units to their properties. The process typically involves the addition of a new structure, conversion of a basement to an apartment, converting a garage into living space or adding living space on top of an existing garage. Housing […]
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Why Aren’t There More Starter Level Homes Built?
While we are feeling the effects of the national entry level housing shortage in Bend, we aren’t seeing builders jumping onboard in big numbers to build starter level homes. The demand is definitely there for smaller, starter-type homes, as evidenced by local sales statistics of homes priced $300,000 and under. Millennials and renters desire to […]
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Tackling a Piece of the Housing Crisis
Oregon House Democrats vote in favor of a bill limiting no-cause evictions and allowing rent control
Central Oregon’s Republican delegation remains opposed Oregon Democrats and Republicans agree on something: there is a housing crisis in the state. They don’t agree, however, on how best to solve it. That isn’t necessarily good news for the more than 500,000 Oregonians who rent their homes. For these individuals, the housing crisis is something all […]
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Real Estate Statistics for April 2017
The Beacon Report, based on real estate statistics from our local MLS, released its report of the April 2017 figures—which allows some interesting comparisons to last year’s Bend single family residence sales of 1 acre or less. According to the report, closed sales in Bend for the month of April 2017 increased by 50 transactions […]
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Will a Baby Boomer Sell-Off Cause the Next Housing Crisis?
There have been several recent articles in industry literature on the possibility of our next housing crisis occurring as baby boomers sell off their homes en masse. Other literature sees this as a good thing, saying that this will open up the starter home inventory for millennial buyers. A recent report from the Harvard Joint […]
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Build to Rent Trend
According to a recent article in Housing Wire, due to soaring home prices, many investors and builders are building to rent. The rise in existing home prices is not making it profitable to fix up and flip properties or rent them. Building to rent is becoming a growing trend and a shift to this trend […]
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Real Estate Statistics for March 2017
The Beacon Report, which is based on real estate statistics from our local Multiple Listing Service (MLS) released its reports of the March 2017 figures, which allows some interesting comparisons to last year’s Bend single family residence sales of 1 acre or less. According to the report, closed sales in Bend for the month of […]
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Rent Control Coming?
Repealing Oregon’s ban on rent control and restrictions on a landlord’s ability to evict tenants
On March 30, House Bill 2004A passed the Oregon House Committee on Human Services and Housing. The bill’s provisions include the repeal of Oregon’s ban on rent control and restrictions on a landlord’s ability to evict tenants, namely in the case of no-cause evictions. If this bill passes, cities and counties will be allowed to […]