Bend, OR Real Estate News

By Tarris Rogers, Bend Oregon Real Estate
(Cascade Sotheby's International Realty)
Sun Meadow Bend Oregon Homes  Sales of homes in Sun Meadow have done well for 2014.  There are currently 5 Sun Meadow homes for sale and an additional 11 homes that have sold or are currently 'pending' sale.  Sun Meadow homes currently for sale are on average asking $143.93 a square foot.  The average sold price for a Sun Meadow home in the last 6 months has been  $131.69. The outlook for Sun Meadow real estate remains strong as we enter the warmer months here in Bend, Oregon.  So what makes Sun Meadow homes in Bend Oregon so special?  It is a combination of location, features, and quality builder, Pahlisch Homes, who together have created one of Bend's most popular neighborhoods.  You can read on to learn more.   Sun Meadow  A Community of Contemporary Homes For Contemporary Living   S...
Comments 0
By Tarris Rogers, Bend Oregon Real Estate
(Cascade Sotheby's International Realty)
 Lava Ridges features Huge Assortment of Amenities for Homeowners   Lava Ridges is a residential subdivision created by Pahlisch Homes in Bend, Oregon.  Known for their quality build and attractive neighborhoods, Pahlisch Homes began building their reputation with the Lava Ridges community. Lava Ridges has a total of 175 lots made up of single family homes and row houses.  The row houses sit on smaller lots and have minimal lot space and is designed for those who want a larger home without the hassle of a larger yard.  Square footages of the homes range from 1295 to 3500 sq. ft. The community is noted for its open area spaces, contemporary northwest designs, and partial landscaping maintenance (front yard landscaping) that is completed by the homeowners association. It is a centrally lo...
Comments 0
By Tarris Rogers, Bend Oregon Real Estate
(Cascade Sotheby's International Realty)
  BROKEN TOP HOMES FOR SALE SET TRENDS FOR BEND'S LUXURY REAL ESTATE MARKET.   Broken Top found its beginning in the early 1990’s.  From its inception, Broken Top was hailed as Bend’s premiere golf course community which featured a completely private golf course…a rarity in Central Oregon. Broken Top is made up of hundreds of home sites, most of which have been built out.  For that reason much of Broken Top’s real estate market is made up of a resale properties, with only a few lots left that have not been developed.     AMENITIES – Broken Top is made up of 8 different neighborhoods which feature custom homes, condos, townhomes, and spec homes.  Broken Top is a secure community with a manned gate house and electronic gated entries for most of the community.  Walking paths, a scenic man-...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
2012 Pole Pedal Paddle Pole Pedal Paddle I don’t know about you, but yesterday I felt fat, old, and very lazy . . . all this because I was not one of the 2922 participants in this year’s “Pole Pedal Paddle.” The event, now in its 35th year, besides being one of the highlights of Bend’s social calendar, put individuals and teams (of various ages, shapes, and colors) through a test of six disciplines. It’s sponsored by US Bank and serves as a fundraiser for Mount Bachelor Sports Education Foundation. Just another of the great events here in Bend indicative of our Central Oregon lifestyle. Alpine Skiing A 200 foot sprint uphill (usually in outdated, but quick exit, rear-entry ski boots), followed by what can be a rather hairy downhill GS on the Leeway run at Mt. Bachelor. Here’s a clip fr...
Comments 0
By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
• Europe Votes for Shift from Austerity • Jobs Growth Pales • Impacts on Rates • Teen Tech Tips Before we go to Europe for the weekend’s surprise votes, let me just say sorry I missed you last week. The Woodland clan, all 11 and a half of us were together for a week in the Ocean Beach part of San Diego for a wonderful and relaxing celebration of 30 years of marriage. Satu and I enjoyed every minute of being with our wonderful family. We look forward to the next 30 and to eternity beyond. Now off to Paris and Athens where the weekend votes have caused US Treasury 10-year yields to start the day at 1.86%, a level we haven’t visited since Valentine’s Day. What does Europe have to do with Treasury rates? Flight to safety. Fears of next steps in Europe, post-elections, has sent investors to ...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
  Bend Oregon Real Estate . . . March 2012 by John and Sandy Kohlmoos Bend Home Sales . . . March 2012 The snow continued to fall in March (473″ to date at Mt. Bachelor), and homes in Bend continued to sell . . . 177 all told. That’s up an amazing 32% from the number of houses sold in Bend in February. For sale inventory in Bend stayed pretty steady, with just 425 active listings (compared to 422 a month ago) . . . that’s still close to an all-time low, and off more than 70% from just three years ago. In normal times, we’d call this a “seller’s market.” Another encouraging sign was the continuing high number of “pending” sales for the month . . . 185. Range of Prices for Homes  in Bend The big winner for the month was a very unique home in “prestigious” Broken Top. Built in 2003, the 4 ...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
  Central Oregon Golf Season Begins by John and Sandy Kohlmoos To paraphrase Mark Twain (yes, I know he never really said it), “The coldest winter I ever spent was  spring in Bend Oregon.” Golf Season in Bend Despite 15′ of snow at Mt. Bachelor (and more to come) and the recent postponement of numerous high school athletic events on account of “inclimate weather,” pros and amateurs will be teeing it up as today marks the official start of golf season in Central Oregon. Courses like Tetherow, Brasada Canyons, Pronghorn, and Broken Top will open for some rather chilly play. The winners will be the hearty folks who can take advantage of promotions like Tetherow’s “Pay the Temperature” . . . the high in Bend tomorrow is scheduled to be 43 degrees. Golf Course Real Estate in Bend Somehow, we...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
Elk in Bend Oregon by Mackie Elk in Bend I’ve been working pretty hard, patiently  trying to train my master. You know, the general obedience stuff . . . walking on a leash, staying, not rushing through doors, not acting too aggressively. We’ve attended group sessions together and opted for individual instruction too. He’s coming along well, but still a work in process. He’s pretty set in his ways . . .  what’s that old adage? The Daily Walk We suited up, I wagged my tail perfunctorily, and we headed out for our daily stroll.  I thought briefly of my departed older sibling, Rocco; like him before me, I’ve become a bit of an expert on golf communities in Bend. . . . out through the trees alongside the 7th. hole at Broken Top. I sniffed some rocks, peed on a bush, and sort of lackadaisic...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
  Bend Oregon Home Sales . . . February 2012 Bend’s Pending Sales Soar Big news in Bend Oregon real estate for the month of February was the soaring rate of pending home sales.  195 homes in Bend went pending . . . that’s the highest number in almost four years, and, perhaps an indication of some sunnier weather ahead. Notices of Default Down in Deschutes County Another positive sign of real estate in Bend was a continuing decline in NOD’s–just 143 for the month (throughout much of 2009 and 2010, NOD’s ran between 250 and 400 . . . with a colossal high of 581 in May of 2011. 134 Homes Sold in Bend in February We saw the sale of 134 homes in Bend . . . that’s up almost 21% from last month (Homes in Bend . . . January), and probably right about where we ought to be for a community our siz...
Comments 0
By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
BELOW IS THE DATA SHEET RIGHT FROM THE WHITE HOUSE: KEY POINT: APPLIES TO REFINANCES OF LOANS ORIGINATED BEFORE 6/1/2009. KEY FHA NUMBERS TO REMEMBER: (assuming 96.5% loan) Upfront MI:  Was: 1.0%    Will be 1.75%, but STREAMLINED ONLY 0.1% !!!Annual MI:   Was: 1.15%  Will be 1.25%, but STEAMLINED ONLY 0.55% !!! Now from the White House: Reducing Fees for FHA Borrowers Seeking to Refinance – Saving Homeowners Hundreds of Dollars A Year The FHA offers a streamlined refinancing program to allow borrowers with FHA-backed mortgages to refinance their loans at lower cost and with fewer burdens. This program has helped hundreds of thousands of families refinance, but lender reticence and fees have kept many families from participating. Today, the President is announcing new steps to increase t...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
Tetherow . . . A Dream Comes True The following is an excerpt from the Bend Bulletin; it was written by Carrie Ramoz. Tetherow . . . A Dream Comes True 2017 seemed like the distant future to Bend’s Tim Williams and his family. When they planned out their future, it looked like 2017 was the year they could fulfill their desire of living in Tetherow, a growing community on Bend’s Westside. Patiently waiting, they spent three seasons as guests of the Tetherow Golf Club, enjoying the Scottish links style golf, outstanding dining and a variety of social and family events. As the young family grew, so did their eagerness to live in such a convenient, growing area. In 2011, the Williams family learned about Tetherow’s Jr. Executive Membership, which is available to those under 46 and includes...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
Bend Oregon Real Estate Recovering Bend real estate recovering And interesting article by Elon Glucklich in The Bulletin states that a long-awaited real estate recovery in Bend may already be under way. The gist of the article appears below. But don’t expect boom to return On Friday, at The Riverhouse Convention Center, there was  hope that tepid market conditions would gradually improve this year — but caution that homeowners, brokers and investors would have to brace for a “new normal” in the market. “We’re on the verge of recovery” “We’re on the verge of a recovery,” Ron Ross, principal broker at Compass Commercial Real Estate Services, told a crowd of about 200 business, real estate and financial officials. But “we can’t wait for the economy to get back to where it was in 2005. Tha...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
  Homes for Sale in Bend . . . under $200,000 I was thinking a bit about the Bend real estate market (something I do quite frequently), and specifically about homes for sale in Bend.  My interest was further piqued when I read an article in the Bend Bulletin (Median Price in Bend Drops for 4th Year in a Row). The article, while certainly based on fact, failed to convey recent trends and the palpable uptick in the market . . . especially with homes under $200,000. 2008 . . . Homes in Bend under $200,000 I took a step back, and arbitrarily picked a date . . . February of 2008 . . . just four years ago. My how the Bend real estate landscape has changed! In that month, just one home in Bend sold for less than $200,000. And that home, a 651 square footer built in 1928, went for $199,500. 201...
Comments 0
By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
Happy Presidents’ Day! We have a rich history of great Presidents to be honored and it feels good to live in this great land. University of Oregon On The Rocks free ticket offer below (just above the banner.) It has been 5 years already from the 2007 height of the real estate market bubble. Five years. In some ways it is hard to believe that it has already been half a decade, but in other ways it is hard to remember the pre-crash exuberance. How do you come out on that – “doesn’t seem like 5” or “I can really only remember things the way they are now”? Five years is a magical number in real estate for two different reasons. First let’s explore the impact on Commercial Real Estate (CRE). The most common term of lease in the commercial office space is 5 years. The impact of those 5 years ...
Comments 0
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
  Homes in Bend . . . December 2011 The photo above was taken from Sandy’s office at Cascade Sotheby’s International Realty . . . not a bad view! Bend Oregon Real Estate Aside from the spring-like weather and absolute lack of precipitation, December was pretty nice. The Bend Oregon real estate market was  active . . . with 140 sales. That’s up about 10% from last month’s (Bend Home Sales–November) total of 125, but down about 10% from a year ago. Median Price in Bend . . . $185,000 I never attach much significance to the median price; nevertheless, we saw a bump (I guess better than a dip) of $20,000 for the month . . . to $185,000.  In part due to the high end contributions of agents from Cascade Sotheby’s International Realty. The typical median priced home in Bend would look like thi...
Comments 0
By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
The single-largest drag on our economy is housing. The biggest kitchen-table concern is underemployment and unemployment. The two are connected as homeowners’ ability to buy homes is out of reach with the worst-in-our-lifetime employment picture. So the news from the Bureau of Labor Statistics (BLS) on Friday was more than welcome. A quarter million net private sector jobs created in the month was fantastic. Improvement of unemployment to 8.3% is also good. Or is it? The out-of-work number is 12.7 million people. That is as large as the population of Pennsylvania, every man, woman and child in Pittsburgh and Philadelphia and everywhere in between. There was much celebrating going on Friday as the unemployment figure was announced. I saw claims of a 40-48 state sweep by President Obama ...
Comments 1
By Melinda (Mel) Peterson, @TheBlessedRealtor - ABR, CRS
(Grants Pass, OR)
Jazzing up the World of Biscotti.  It's no secret, my friends know that I'm a chocolate lover.  And when one of my friends recently surprised me with a basket full of coffee and chocolate treats, I discovered a new love for biscotti.  Can you say Yummy?! In my basket full of treats was a package of german chocolate biscotti made in Oregon by a company called Be-Bop Biscotti.  The company is located in Bend Oregon and they have an eye-catching website with a cool marketing message...  'We're jazzing up the world of biscotti, infusing fresh life into an old standard.'  It doesn't take much to engage my taste buds when chocolate is involved.  Did I say Yummy?! Be-Bop Biscotti certainly jazzed up my life today!  Have you had your biscotti?     
Comments 19
By Sandy and John Kohlmoos
(Cascade Sotheby's International Realty)
  Broken Top Homes For Sale Broken Top Broken Top, on Bend’s favored westside, has for almost two decades been considered one of Oregon’s premier golf communities. Custom homes  at Broken Top line the fairways of the championship 18 hole track that meanders through the community.  The course, designed by Tom Weiskopf, is a classic resort course with no adjoining fairways. Broken Top Club Centerpiece of the community is the stunning 24,000 square foot clubhouse, solemnly standing as a sentinel over a tule bordered lake. Broken Top is conveniently located just minutes from schools (Summit HS, Cascade, High Lakes) and downtown; it’s also on the road to Mt. Bachelor. Homes in Broken Top There are  a full range of homes in Broken Top . . . large custom estate homes, casual (maintenance free)...
Comments 2
By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
The FOMC released its announcement this morning at 9:30 eastern. Two very important indications of what the FOMC will do are found in the statement released to the press.   1. They anticipate keeping the “exceptionally low fed funds rate at least through late 2014″. (Had previously been “into late 2013″, so this is favorable to interest rates.) 2. They have announced extending their program to bolster long-term security holdings.   The impact to the rates was precipitous. Check out this chart to see how the bellwether 10-yr Treasury dropped 14 bps immediately after the announcement.    Mortgage rates continue to improve. 
Comments 1
By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
Big news in the Interest Rates market! The mortgage backed securities that enable banks to package loans into the secondary market are at an all-time high which means rates are great and getting better. Only once ever has the 3.50% coupon MBS from Fannie Mae closed this high and it was in the excitement of the “Operation Twist” announcement and introduction about 100 days ago. At that time interest rates plummeted.  Today we are experiencing the same thing with interest rates in a place that allow for cost-free, 30-year fixed loans on purchases and refis with a 3 in front. That’s right APRs sub 4.0%.   See your friendly neighborhood mortgage broker on Monday for the best available rates!
Comments 5
Explore Bend, OR