Monthly Archives: January 2013
(SOLD 5/10/13 for $408,000) This is one of 5 Eco-modern homes built by Abacus GC on Newport Avenue in 2006 as one of Central Oregon’s first LEED-H Pilot programs. Only one (maybe 2?) actually went on to get LEED certified but they were about as “green” as you could get at the time. According to the builder, […]
By The Associated Press on January 27, 2013 at 6:02 PM, updated January 27, 2013 at 6:20 PM Bend’s housing market crash has turned out to be an opportunity for several developers who have bought up more than 900 residential lots that were left undeveloped. An examination of Deschutes County deed records shows developers picked up the majority of the […]
If you read my blog regularly you know that I love modern architecture. I recently had the opportunity to sit down with Brandon Olin, Architect with Olin Architecture, to learn more about him and his business. Brandon has returned to Bend after working in Seattle for a number of years and he couldn’t be more excited. He didn’t waste any time jumping into the market and recently designed a house in River’s Edge Village that was built by Bright Oak Homes. You can view photos HERE. It was a spec home and is already under contract.
I’ll cut to the chase – 2012 Bend home values increased 15% from 2011 values. We saw big changes in the market, most notably a shift from a buyer’s market to a seller’s market. We have fewer than 3 months of inventory compared to nearly 14 months in 2006. The two charts below show the […]
Sales of luxury homes spiked in the final months of 2012 as high-end homeowners rushed to take advantage of lower tax rates before January 1. By Les Christie @CNNMoney January 8, 2013: 5:58 AM ET Many sellers wanted to cash in on their homes before a widely expected capital gains hike — to 20% from 15% — […]
The inventory of homes for sale in Bend, Oregon is really low right now. Low inventory and high buyer demand is pushing home prices upward. In the last year, the median sales price in Bend increased from $200,000 to $230,000.
A live-work unit is a space that combines your workspace with your living quarters. Usually the business is on ground level facing the street with the living quarters above the business. Benefits include reduced commute time (obviously), reduced gas and parking expenses, and because you can simply run upstairs to make lunch, you’ll likely save money […]
Many homeowners and those of us in the real estate and mortgage industries were practically holding our breath while we waited to learn whether the Mortgage Forgiveness Debt Relief Act was going to be extended. We can finally exhale because on January 1, 2013, the fiscal cliff deal extended it for another year. The extension […]