Redmond exudes affordability in the Central Oregon real estate market. Deschutes County as a whole has seen and continues to experience tremendous population growth; which in turn has spurred growth in the employment sector, household formation and the real estate market in general. As a result of the growth in Central Oregon, many have found […]
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1031 Exchange: The Basics
A tool for real estate investors, explaining 1031 Exchange Tax Deferral
So often when dealing with investment property, brokers are asked about a 1031 Exchange. I work with many clients who own investment property and take advantage of the 1031 Exchange Tax Deferral. Many people are not familiar with this option or are confused by the process. Under Section 1031 of the United States Internal Revenue Code (26 U.S.C. § […]
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Net Zero, the Energy Saving Hero
Sunlight-powered homes generating all they need
According to the U.S. Energy Information Administration, buildings in the residential and commercial sectors account for 40% of the total energy consumption in the U.S. Green homes and buildings are helping immensely with reducing energy requirements, but homeowners can do even more to help offset dependence on fossil fuels. The solution is to build or […]
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Central Oregon Homeless Population Rising
880 people reported homelessness during the 2019 Count, up 12 percent
On Jan. 23, trained volunteers for the U.S. Department of Housing and Urban Development interviewed Central Oregonians for its 2019 Point in Time Count, in which dozens of volunteers surveyed people in shelters, transitional housing, at meal sites, drop-in centers and other areas to seek data on the homeless population in Central Oregon. Volunteers collected […]
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Last school year, nearly 22,000 Oregon kids didn’t have a home
New report shows 884 homeless students in Deschutes County
The good news: The number of students in Oregon who don’t have a home of their own is down from last year. The bad news: The number of students in Oregon who don’t have a home of their own is still close to 22,000. Last week, the Oregon Department of Education released its data on […]
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A New Place to Call Home
A donation from Deschutes County will add 19 more affordable homes to the community
The high costs of land and construction labor are some of the factors making housing so expensive in Central Oregon and elsewhere. But recently, Deschutes County stepped in to help. The County just donated 1.85 acres to Habitat for Humanity in La Pine, soon be home to 19 multifamily townhomes—a new type of home for […]
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Bend Ranks 4th on Fastest-Growing Cities List
Poverty rate isn’t going down as fast as other cities—but that’s only part of the story
Finance website WalletHub released a report last week, naming Bend as the fourth fastest-growing city in the United States—but with growth also comes growing pains. Out of the 515 cities studied, Bend had high numbers in many areas, including job growth (1st), median household income growth (21st), increase in number of businesses (17th), increase in […]
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Spring’s Tight Market is
Coming Early
The spring real estate season is already upon us with lots of people wanting to buy homes earlier due to the relatively low housing inventory in many cities, including Bend. Analysis of the nationwide data gathered by the National Association of Realtors (NAR) for the first three weeks in February indicates time on the market […]
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Take Me Home 10/7-10/14
Before You Sell, Disclose
If you’re preparing to sell your home, chances are you might be tempted to neglect to inform prospective buyers about that slow leak under the guest bathroom sink or the lights that flicker from time to time in the dining room. However, Carey McQuate, principal broker at The Hasson Company has a few words of […]