29 articles found with the search of "repairs"

What Happened With Bend Luxury Homes in 2024?

2024 was a year that reflected changes for Bend Oregon real estate. The high end luxury home market had more listings and more activity in 2024 compared with 2023. In particular, homes listed in all categories over $1,000,000 had strong sales with the only exception in the $1,300,000 to $1,599,999 category in which there was a 14.4% decrease in home sales. In this same category, days on market were up over 113% with an increase of 85% in months of supply (up to over 5 months). Based on an earlier 2024 review of the Bend luxury market, it was determined that many listings taken in this price point required pri...

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If you want to sell your house, having the right strategies and expectations is key. But some sellers haven't adjusted to where the market is today. They're not factoring in that there are more homes for sale or that buyers are being more selective with their budgets. And those sellers are making some costly mistakes.

Here's a quick rundown of the 3 most common missteps sellers are making, and how partnering with an expert agent can help you avoid every single one of them.

1. Pricing the Home Too High

According to a survey by John Burns Real Estate Consulting (JBREC) and Keeping Current Matters (KCM), real estate agents agree the...

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Let's face it — buying a home can feel like a challenge with today's mortgage rates. You might even be thinking, "Should I just wait until spring when more homes hit the market and rates might be lower?"

But here's the thing, no one knows for sure where mortgage rates will go from here, and waiting could mean facing more competition, higher prices, and a lot more stress.

What if buying now — before the spring rush — might actually give you the upper hand? Here are three reasons why that just might be the case.

1. Less Competition from Other Buyers

The winter months tend to be quieter in the real estate market. Fewer people are actively looking for homes, which means you'll likely face less competition when you make an offer. This makes the process feel less rushed and l...

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Waiting for perfect market conditions often means missing out. Because what you may not realize is, if you're ready and able to buy, this time of year could actually give you an edge. Here's why. As the weather cools down, the housing market can too – and that works in your favor.

You Likely Won't Feel as Rushed

Homes tend to take a little longer to sell during this time of year. Data from the National Association of Realtors (NAR) shows the average time a house sits on the market jumps up during the winter months (see the green bars in the graph below):

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In today's digital age, it's tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you're seeing online often miss key details that affect the true market value of your home.

Before you toss a for sale sign in your yard and expect to bring in the number you saw for your house online, you need to understand why these tools generally aren't spot-on and why working with an expert Bend Premier Real Estate broker is the best way to get an accurate picture of what your house is...

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