My Blog About the Bend Real Estate Market and General Real Estate Ramblings

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Real Estate Agent - Total Property Resources - 200510126
RECENT BLOG POSTS
With homes prices down, many people that couldn't afford to purchase a home a few years ago can now. One of the challenges my clients and I are running into is a good majority of the homes in the $100,000 - $150,000 price range need a lot of work. When you can only afford to spend $125,000 on a h...
07/15/2009
I would like to thank all of you that actually read my blog and website for these statistics. I received several emails from people wondering when the statistics would be available. Sorry for the delay. Between weddings, work, and training for the Pole Pedal Paddle (my team took 3rd!) I've been b...
05/19/2009
Better late than never eh? There are currently 1834 homes on the market, 129 are contingent, 203 homes are pending, and 110 homes sold in March. The majority of home sales were in the $150,000 - $300,000 range. One big change was that 11 homes sold over $500,000 compared to only 4 in February. Of...
04/14/2009
The Making Home Affordable plan is part of President Obama's strategy to get the economy and housing market back on track. It is estimated that this plan could help up to 9  million homeowners avoid foreclosure. On March 4, 2009 the Treasury Department released detailed guidelines of the plan. I ...
03/11/2009
There are currently 1832 homes on the market in Bend. In February 76 homes sold, 171 are pending, and 94 are contingent. Of the 1832 homes for sale, 372 are short sales or foreclosures assuming the listing agent coded the house correctly in the MLS. Since I know that at least one of the sales in ...
03/04/2009
Shevlin Reserve, which features 12 sleek and sophisticated  modern, single-level townhomes in NW Bend, now has 4 bank-owned townhomes available ranging from $350,000 to $595,000. That's great news for buyers but bad news for owners that paid nearly $900,000. Modern design typically strives to int...
02/27/2009
Yesterday President Obama signed the American Recovery and Reinvestment Act into law. That act includes the Homeowner Affordability and Stability Plan, which could be a very positive thing for the housing market.  After a quick scan of the Executive Summary and Q&A, I think it looks great. Some o...
02/18/2009
You must have heard by now that the house and senate passed a modified version of the stimulus bill that includes a tax credit for first time home buyers. The final version of the bill that passed includes the following: 1. A tax credit of 10% of the purchase price up to $8000. 2. Only first time...
02/17/2009
Newport Landing has undergone a makeover. While I loved the vision that Diamond Built Homes had and that GGL Architecture designed, it became evident that there isn't enough demand for 42 modern homes. Diamond Built Homes sent Sean Cochran back to the drawing board if you will and he gave Newport...
02/06/2009
Located in the heart of Bend between downtown and The Old Mill District. This bank owned Mill Quarter townhome is listed at $479,900. With a mix of contemporary and industrial styling, this home features granite counters, cork flooring, central vac, and Viking appliances. The townhome is a 3 bedr...
02/06/2009
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Cheri Smith

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