Monthly Archives: August 2008

Perception vs Reality – Not MY house

While the majority of us can’t seem to ignore the constant media attention devoted to the down real estate market, some home sellers have managed to miss the reports. They still believe that while the value of just about every home on the market has gone down, somehow their’s has not. Some even think their value […]

Newport Landing – Modern Homes in NW Bend

I visited the Newport Landing model yesterday for the second time and continue to be impressed. Newport Landing is a new modern home development near the roundabout at Newport Ave. and College Way in Bend. The homes were designed by GGL Architecture of Bend and built by Diamond Built Homes of Redmond. They currently have 4 floor […]

To build when they buy or buy when they build…

…that is the question. We have a predicament of sorts with new home construction. With the slow market, many builders are electing to do presales. This is when you purchase the home before it’s built. We all learned a valuable lesson in overbuilding when the market changed. Builders don’t want to build a bunch of homes and […]

July 2008 Real Estate Statistics

I compiled the July 2008 real estate statistics and again, not much has changed. What really stands out is the fact that there were zero homes contingent, pending or sold in the $850,000 – $1,000,000 price range but 114 homes for sale. We’re still seeing the most activity in the $200,000 – $250,000 range and really, even […]

New pricing for Mirada – Homes start at $169,900

I survived the two consecutive weekends of the COBA Tour of Homes and am finally caught up contacting my leads. Going into the Tour, we thought we were priced well but were discouraged that we didn’t sell any homes so we had a meeting and decided to reduce prices substantially. Brand new homes at Mirada […]