Central Oregon is on Fire

Unfortunately currently, as of 8.29.17 Central Oregon is on fire – and not due to our hot real estate market. New fires seem to be cropping up every day or two and smoke is clouding our typically clear blue skies. This image was captured on an afternoon when the river would typically be bustling with…

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Vacation Rentals – Not Just for the West Side Anymore!

REPORTED IN THE BULLETIN TODAY: Sarah Pool and Crystal Neff own two vacation-rental properties near downtown Bend, and as they expand their portfolio, they’re investing in houses that one might not expect to draw tourists. Their latest is a newly built three-bedroom house with four-car garage on SE Reed Market Road, a busy east-west thoroughfare.…

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HOW WILL YOU HOLD TITLE TO YOUR NEW PROPERTY IN OREGON?

There are several ways in which parties can hold title to property in Oregon and it is important for you as a Buyer to know your options about how title may be vested to ensure your best interests are being served. The 3 most common are: TENANCY IN COMMON Each tenant in common shares an undivided percentage…

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IS RADON AN ISSUE IN CENTRAL OREGON?

Radon in Bend? Many relocating to Central Oregon from other areas may be familiar with the presence of radon and the need to test for its presence in a residence to ensure a safe living environment. Although typically more present on the other side of the pass and not as prevalent here as in other…

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Bend median home price jumped in March

The Bend Bulletin just reported on the continuing upward trend of home prices and inventory challenges in Central Oregon. Here’s what they had to say… The median sales price of a single-family home in Bend was $396,000 in March, up 11.8 percent from February, according to a monthly report Friday by Beacon Appraisal Group.That figure…

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New Retail Project on Robal Road to include Cracker Barrel Restaurant

Owner: Robal Road LLCDeveloper: First Western Development Services, Inc., Edmonds, WashingtonGeneral Contractor: R&H Construction, BendArchitect: Baysinger Partners Architecture, PortlandEngineer: Hickman, Williams and Associates Inc., BendDetails: The 6.42-acre site northeast of U.S. Highway 97 and Robal Road is the future home of a seven-building shopping center dubbed Robal Road Village, which will be anchored by a…

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North West Crossing developers buy land to expand

For builders and homeowners who liked NorthWest Crossing, the developers behind that Bend subdivision have a plan for NorthWest Crossing lite.Brooks Resources Corp. and members of Tennant Developments, incorporated as NWX2 LLC, purchased the 245 acres between NorthWest Crossing and The Tree Farm, a subdivision soon to break ground. The purchase, whose terms were not…

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JANUARY 2017 RESIDENTIAL REAL ESTATE INVENTORY LEVELS

The Absorption Rate pictured indicates how long it would take to sell through current housing inventory if it were to continue to sell at the same rate that it has over the previous six months. As you can see, Bend is still experiencing constraints in all price categories up to the million dollar mark, at which point…

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IS WINTER A GOOD TIME TO SELL MY HOME?

I get lots of calls and emails at this time of year asking if selling a home through the holidays is a smart decision. Currently in Bend we have extremely low levels of inventory in all price categories (see Absorption Rate Graph above) so the level of ‘competition’ for Sellers is also low. Many visitors…

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