I recently performed a CMA for a homeowner and determined a list price in the $225,000 – $250,000 range. The homeowner was surprised the value was so low because her most recent tax statement provided a “real market value” (RMV) of $290,000. She was under the impression that the RMV that the county assigns is fairly [...]
Archive for November, 2008
Deschutes County “Real Market Value” vs. Sales Price
Posted in bend oregon real estate, home sellers, real estate, real estate market statistics, tagged Bend real estate agent, Cheri Smith Bend Oregon, Deschutes county real market value, real market value vs sales price, how accurate is real market value, Bend Oregon property values on November 10, 2008 | Leave a Comment »
October 2008 Real Estate Statistics – Bend, Oregon
Posted in bend oregon real estate, home buyers, home sellers, real estate market statistics, tagged Cheri Smith Total Property Resources, Bend real estate market, Bend real estate agent, October 2008 home sales Bend, Bend real estate statistics, million dollar homes bend, luxury homes bend, Bend short sales on November 3, 2008 | Leave a Comment »
October 2008 statistics have been compiled. The first thing I noticed is the number of homes on the market is 2031, down from last month by nearly 200 and down about 430 from July 2008. Of these active listings, about 200 are short sales or bank owned properties and 41 of them are listed at $200,000 or below. [...]
