Bend Real Estate Blog

Broken Hand

We have hiked to Tam McArthur Rim in the past and we have hiked to Broken Top in the past, but we had never hiked to Broken Top from Tam McArthur Rim until last week. The hike starts at Three Creeks Lake located off Forest Road 16 (Elm Street in Sisters turns into this as you drive out of the city) and is heavily trafficked, rising over 1200 feet over 2.5 miles to the Rim viewpoint. Beautiful views of Three Creeks Lake and many of the Cascades are visible from the rim. Near the end of the initial trail is a sign near another trail heading off toward Broken Top which states "Trail Not Maintained."  We decided to take this 2.2 hike to Broken Hand, a rock formation between the Rim and Broken Top. While this hike, much of it in the sun, was initially not

40 Views, 0 Comments

How Is Remote Work Changing Homebuyer Needs? | MyKCM

 

With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? Would making a move to the suburbs make more sense for my family? All of these questions are on the table for many Americans as we ride the wave of the current health crisis and consider evolving homeownership needs.

According to George Ratiu, Senior Economist for realtor.com:

"The ability to work remotely is expanding home shoppers' geographic options and driving their motivation to buy, even if it

47 Views, 0 Comments

After reading the Source’s Restaurant Guide 2020, we had to try Aina Kauai Style Grill.  Named as Rookie Food Cart of the Year, we have to say their products did not disappoint. Located in the food cart lot associated with Bevel Brewing off Armour Road, this little tucked away gem is a Must this summer. 

We tried the Crunchy Poke bowl and the Kalua Pork. Here is the breakdown:

The Crunchy Poke bowl was incredible. The fish was fresh, the sauce used had a slight kick, the fried shrimp created a great crunch, and the kimchi and fermented veggies added a little authentic Japanese twist! For $16 we had a little piece of Hawaiian paradise right here in Central Oregon.

As for the kalua pork? Wow. Everything you’d expect and more. With a side of rice,

116 Views, 0 Comments

Why Homeowners Have Great Selling Power Today | MyKCM

 

We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. Here’s a breakdown of why it’s a great time to capitalize on equity gain in today’s market.

As average homeowner tenure lengthens and home prices rise, equity, a form of forced savings, can be applied forward to the purchase of a new home. CoreLogic explains:

“Over the past 10 years, the equity position of homeowners has positively changed as a result of more than eight years of rising home prices. As the

79 Views, 0 Comments

Today’s Buyers Are Serious about Purchasing a Home | MyKCM

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates:

“…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively engaged in the process to find a home. That is a significantly higher share than the comparable figure a year ago (41%), which suggests that the COVID-19 crisis and its accompanying record-low mortgage rates have converted some prospective buyers into active buyers.”

Today’s Buyers Are Serious about Purchasing a Home | MyKCMIt’s no surprise that buyers are out in full force today. Many Americans now need more space to work from

110 Views, 0 Comments

Experts Weigh-In on the Remarkable Strength of the Housing Market | MyKCM

 

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways.

Even with all of that uncertainty, the residential real estate market continues to show great resilience. Here’s a look at what the experts have said about the housing market over the past few weeks.

Ivy Zelman, CEO of Zelman & Associates:

“Whether in terms of pending contract activity or our proprietary buyer demand ratings, the various measures of demand captured in this month’s survey can only be described as shockingly strong, in

169 Views, 0 Comments

Will We See a Surge of Homebuyers Moving to the Suburbs? | MyKCM

 

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend in this direction of moving from urban to suburban communities, but the question is: will the trend continue?

According to recent data from Zillow, there is a current surge in urban high-end listings in some larger metro areas. The month-over-month increase in these homes going on the market indicates more urban homeowners may be ready to make a move out of the city, particularly at the upper end of the market (See

177 Views, 0 Comments

Bend Home Buyers Need A Great Real Estate Agent to Work With

Multiple OffersAsk any Bend real estate agent right now how the market is, and the answer will be "crazy." In this time of the Covid-19 pandemic, home buyers are flocking to Central Oregon and buying Bend homes faster than they can be listed.  This is resulting in a severe shortage of available homes for sale and in turn, a huge increase in the number of multiple offers on these properties.

Often referred to as a "bidding war," multiple offers can drive the price of a home up beyond the listing price and often the winner is the buyer willing to offer more money with better terms than the other buyers. Having an experienced real estate agent to work with is essential to help a buyer win the home.

Can't

293 Views, 0 Comments

Homeownership Rate Continues to Rise in 2020 | MyKCM

 

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership rate rose again, signaling great strength in the recovery of the housing market and an indication that even in a time of crisis, Americans still feel confident about buying a home.

Yesterday, the U.S. Census Bureau announced:

“The homeownership rate of 67.9 percent was 3.8 percentage points higher than the rate in the second quarter 2019 (64.1 percent) and 2.6 percentage points higher than the rate in the first quarter 2020

187 Views, 0 Comments

© 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Bend Premier Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Bend Premier Real Estate. Data last updated: August 7th, 2020 at 7:30am PDT.