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Bend, OR Real Estate News

By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Hayden Homes Amphitheater In Bend OregonNestled in the heart of Bend's Old Mill District along side the Deschutes River, Hayden Homes Amphitheater stands as a testament to the harmony between nature and music. With its picturesque surroundings and state-of-the-art facilities, it has become a beacon for music enthusiasts and performers alike.2024 Season of ConcertsThe 2024 season promises to be a spectacular journey through a diverse range of musical genres, catering to every taste and preference. This year there are so far 49 shows on the books including Rock, Classic Rock, Indie-Alt, Pop, Country, Reggae and a few high-profile comedy acts.  To name a few:  Sarah McClachlan, Dave Matthews Band, Vampire Weekend, Stray Cats, Cage the Elephant, Matt Rife, Illza, Nickel Creek, The Avett Bro...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
Best Value in Golf Course Living – Bend, Oregon Homes for Sale in River’s Edge Village. If you love golf, mountain views and Central Oregon living then River’s Edge Village is a great place to call home. Location, Location, Location - River’s Edge Village is located on Awbrey Butte in NW Bend, Oregon, surrounding River’s Edge Golf Course, a Robert Muir Graves 18-hole championship golf course, and the Deschutes River. Homes in River’s Edge Village are only minutes from Downtown Bend, Trader Joes, Home Depot, Shopping, Dining and Hwy 97. The majority of the custom built homes and townhomes have expansive mountain views of Smith Rock, The Deschutes River, East Bend, and/or River’s Edge Golf Course and are located on spacious lots. Homes for Sale in River’s Edge Village offer the true essen...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
Looking for a Quiet Neighborhood with Expansive Lots? Check out Homes for Sale in Tillicum Village in SE Bend. The majority of the homes in Tillicum Village including the homes for sale are on lots that range from 0.25 to 0.50 acres. Tillicum Village is a great neighborhood for families or individuals looking for lush gardens and open spaces. The quaint single story homes are nestled between tall pines and expansive well maintained common areas. On any normal sunny Bend, Oregon, day you'll drive through the neighborhood and see kids on bikes and adults tending to gardens. Living in the Tillicum Village neighborhood in SE Bend feels like you're out in the country when in actuality you are only minutes from Hwy 97, Fred Meyer and the Bend Outlet Mall. A place to get away from it all witho...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
Fred Real Estate Group Featured Listings Bend Homes - Powell Butte Homes - Prineville Homes - Sunriver Homes - Land ________________________________________________________________________________________ Bend Featured Homes For Sale 65710 HWY 20Bend, OREGON 97701 Price: $1,424,000 4 Bedrooms, 3.5 Bathrooms4459 Square Ft. Listing # 2905920 View Details View Map PLEASE Submit all offers! Beautiful Tumalo Estate on 20 Acres with OUTSTANDING Cascade Mountain Views with no neighbors in site. Custom 4459 sq/ft home has ALL the finishes you would expect at this price point. There is a view from EVERY room of this home. Custom Wood Windows, Slab Granite, Distressed Hardwood Flooring, Knotty Alder Cabinetry. 11,000 sq/ft Barn with 3 RV Bays, Horse Stalls, Dog Kennels and 1bed/1bath Guest House....
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By Cheri Smith
(Total Property Resources)
To summarize, there are 1789 homes for sale, 236 contingent, 297 pending, and 158 homes sold in June. In the MLS, when I run the stats for more than one type of property (residential, multifamily, etc) it doesn't allow me to choose a residential subtype (townhome, manufactured, etc.) and it automatically includes properties like time shares and manufactured homes being sold without the land. I don't like to include those properties in my statistics so this time I ran the residential statistics separately from the multifamily and farms so I could eliminate the time shares and other subtypes. That's why it looks like there are fewer homes on the market. There are actually 1850 properties for sale, including time shares, etc. Here's how June compares to previous months:  May 2009:    1829 ...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
20344 Mahsie Ct.Bend, OREGON 97702 Price: $199,0004 Bedrooms, 2 Bathrooms1848 Square Ft. Listing # 2809843View Details        View Map Ready for Purchase, this home features New Siding, New laminate hardwood flooring and new carpet, surround sound system, upgraded lighting, a whole house Security System, Master Bedroom Separation, Dog Run, relaxing back deck looking out toward a beautiful well maintained common area, and plenty of parking for you and your guests. Please call to schedule your showing appointment today! Commons landscape Contractor is available for monthly landscape maintenance if necessary. Don't miss an opportunity to see this beautiful SE Bend, Oregon, home.  Saturday, July 24, 2009, 10:00 am - 1:00 pm.
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By Cheri Smith
(Total Property Resources)
These are currently the lowest priced stick built homes (not manufactured) on the market in Bend. Some of them need repairs but others are move in ready. I mentioned the FHA 203K rehab loan in a previous post and some of these homes would be perfect candidates. For qualifying buyers, this particular loan allows you to finance the cost of home repairs in your loan. $85,000 - 3 bedroom/1.75 bath, 1176 sq. ft. home in SE Bend. This home is zoned RM and currently rents for $900/month. It's a short sale.       $89,000 - 3 bedroom/1.5 bath, 1360 sq. ft. home on a 0.21 acre lot, close to Juniper Park in NE Bend. Bank owned.       $89,500 - 1 bedroom/1 bath, 576 sq. ft. home in Deschutes River Woods on a 0.84 acre lot. This home is not quite finished inside. Not a short sale or bank owned.     ...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
Many days, I sleepwalk my way through the early-morning stroll I take through my rural Tumalo neighborhood with my two dogs and two cats (that's right, I walk the cats--they love it, in fact, and follow me as faithfully as my pooches). Earlier this week, I couldn't help but notice my surroundings. Usually, much of the deserty natural terrain near my home is one of varying shades of brown (especially during a heat wave!). Yet this day, just about every plant in sight was in bloom, and even the most mundane sprout had been transformed into something extraordinary. After capturing a particularly vibrant purple blossom with my Blackberry and being pleased with the result (that's it, below)...   ... I returned with my real camera and went to town, Here are just a few of my favorite finds:   ...
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By Jacquie Sebulsky
(Garnish Home Staging and Design)
When designing a house for the Tour of Homes in Bend, Oregon (for my company Garnish Home Staging and Design- www.garnishLLC.com) I am very careful to not narrow down the audience so much that it will alienate certain audiences.  My goal is to make the "feel" of the house as universal as possible.  While home staging, it is important not to narrow down the style. The biggest goal that I have is to make people feel really warm and comfortable in the space.  My relatives in Europe don't have the newest designer furniture pieces, and yet when they put pieces together, it always has such a great warmth and integrity to it, it doesn't matter.  This is what home staging is all about!
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
If you're out and about in Bend, Oregon this weekend stop by and visit me at the Children's Festival. Saturday, July 19th from 10am to 4pm is the 2009 Saving Grace Cascade Children's Festival at Drake Park.  What a fun event to support a great cause.   Enjoy great activities, food, music, dancing and so much more for the children and only $0.50 per activity.  I can't think of a better way to spend a Saturday with the family.  Not to mention all the proceeds benefit Saving Grace.  I'll be at the Mom's Club of Bend Booth - another great organization in Bend.  Stop by and find out more about the support network the club offers both working and stay at home moms.  Not to mention the playgroups, family outings and Mom's Night Out.  Bring the kids too; we've got a fun art project for them. Fo...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
Here it is your First Time Home Buyers Tax Credit Timeline in detail.  I don't know about you but the last thing I'm thinking about on this beautiful 90o day in Bend, Oregon is my taxes.  However, if you are planning on buying your first home and taking advantage of the $8,000 tax credit it's not only time to start thinking - it's time to start planning - it's time to start looking for your new home.  The deadline for closing your new home is quickly approaching. Working Backwards, here's a plan to get you started:  Deadline: December 1st = Loan Closed on Your First Home Most banks can typically close a loan in 30 days, however, we expect there to be an influx of loan applications as we near our deadline.  Also, let's not forget what occurs the week before December 1st, a national Holid...
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By Cheri Smith
(Total Property Resources)
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 home, chances are you don't have an extra $10,000 in the bank to pay for the improvements that are necessary. Fortunately, the FHA 203k loan can help with this.  Dave Woodland with Signet Mortgage in Bend shared some of the details of this loan. With a down payment as low as 3.5%, a home buyer can finance the cost of the improvements into a 30-year fixed rate home loan. The mortgage amount is based on the projected value of the property after the work is completed. The improvements can be major, ...
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By Keller Williams, Central Oregon Realty
(Keller Williams Central Oregon Realty)
Keller Williams comes out on top Congratulations! The Wall Street Journal / LORE Top 400* survey results were just released and once again Keller Williams Realty illustrated why we are continuing to outpace the industry. The report breaks down categories and rankings by individual agents and teams.   In 2009, Keller Williams Realty had: Six additional associates ranked among the top 50 agents by transaction sides. 1,048 percent more transactions from the year before compared to an average increase of 31 percent for Century 21, Coldwell Banker, Prudential and REMAX combined. Among the top 50 teams for total sides: Keller Williams ranked second with 11 teams. Those 11 teams had an impressive increase of 25 percent in transaction sides from the year before. Keller Williams was the only com...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
There is a lot of information out there regarding the $8,000 tax credit for first-time home buyers, fortunately, I have done the research for you! All in one post we have a short summary of important points, a direct link to the IRS for specific tax details, your IRS tax credit form and some detailed information put together by the National Association of Realtors. $8,000 Tax Credit Summary Eligibility - must not have owned a home in the previous 3 years. Time Limit - Purchase must be made "Closed" before December 1, 2009. Repayment - Unlike the previous tax credit, the 2009 tax credit does not need to be repaid. Primary Residence - the tax credit is for purchase of primary residences. Closing Costs - Yes the tax credit can be used on closing costs, however, there are limitations. Make ...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
Bend Oregon Home Owners - Helpful Links to Help you Avoid Foreclosure While Google searching for foreclosure resources in Bend, Redmond or anywhere I've come across tons of sites that say they'll help if you sign up for this or that. The last thing you need if you're concerned about the foreclosure process is to be bogged down by un-helpful information. So, here it is - the links you need. All of the links below are government or national agencies that are here to help you, the home owner. I haven't personally spoken with the folks on the other end of the line so I can't verify the service or of course the outcome, but hopefully it gives you a place to start.  The Department of Housing and Urban Development (HUD) Guide to Avoiding Foreclosure. Information includes local counseling servi...
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
When listing your Central Oregon Home as a short sale you will need to begin preparing a Short Sale Packet for submission to your lender.  Talk to your lender's Loss Mitigation Department for more specifics on what they will require, in the mean time, here's a short list to get you started. Your Short Sale Packet - It is important to have your documents ready as soon as possible so that you are ready when a qualified buyer makes on offer.  The items included in a short sale packet may vary by lender.  Contact your lender's Loss Mitigation Department for specifics on the paperwork you will need to submit. Here's a short list of a few of the documents you'll need: A Hardship Letter - detailing why your financial situation requires a short sale.  Now is not the time to be too proud.  If yo...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
In June, Tumalo reversed course and saw an increase in the number of Active Residential with Acreage listings (up from 88 to 104). That's not good news for sellers, who are now looking at a formidable 38-month supply. On the plus side, the median price for Active Residential with Acreage listings dropped more than $100,000 (from $898,500 to $759,500), after hovering near $900,000 all year. Perhaps Tumalo sellers are finally beginning to be more realistic about the current market. However, 36 Active listings are still at or above $1 million, and the average days on market in that price bracket is a daunting 254. On a more positive note, like last month, there was increase in the number of sales (pending and closed) above $500,000, which had been scarce previously this year. As a horse-pr...
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By Fred Mannila
(Fred Real Estate Group)
Tuesday, July 7, 2009 Fred Real Estate Group in the news!   Please take a look at the attached link. Fred Real Estate Group was recently featured in the Bend Bulletin.http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20090705/BIZ0102/907050320/0/FRONTPAGEFor any real estate needs, please contact Fred at 541-647-8322. Remember, we guarantee to have the best fees, best service and best results or we will list your home for free.WWW.FREDREALESTATE.COM
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By Kryste Adams, Bend, Oregon Real Estate
(RE/MAX Key Properties - Luxury Homes, Golf Course Homes)
As Real Estate continues to be a hot topic in the media, some real estate offices are downsizing but Fred Real Estate Group is growing - read about us in the Bend Bulletin.  Let us know how we can save you money buying or selling your Central Oregon home. http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20090705/BIZ0102/907050320/1041&nav_category=
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By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
I had a good conversation today with a trusted appraiser I know who surprised me with his comments about the HVCC.  I fully expected him to be put-out by the audacity of it all.  Certainly the misinterpretations opened up by the 1004MC (market condition report) would be a concern to him.  Listen to some of his response: "Honestly, I’ve really like the overall effect the HVCC has had on the appraisal industry, and get a little offended to hear the critics.  I truly believe that the low appraisal values that are being reported are a measure of how much influence lenders had on their “preferred” appraisers.  Since the implementation of the HVCC, I have begun reviewing appraisals that would not have previously gone through the AMC’s, and I am shocked at how bad the appraisals by those “pref...
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By Dave Woodland, Your Bend, OR Friendly, Knowledgable Mortgage Professional
(Signet Mortgage)
It has been a great week for long-term mortgage rates!   Before I get to some of the causes and what we can anticipate, let me make a quick report on the state of banks and their willingness to lend.  If you follow me on Twitter, you saw that another local lender just shut their doors on lending to commercial property investors.  I know of two stellar investor deals with exceptional guarantors who were turned away from what I believe is the last remaining local bank who was lending on investor deals.  That closing leaves Signet Mortgage as the sole channel to investor purchase- and refinance-money for CRE in Central Oregon.  We’ve always been the best source but now it looks like we are a lone source.  There’s a reason we say: "Connecting Locally - Funding Globally."sm  Our funding sour...
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