Lending Update: Loan Limits Increased for 2018

Lending Update: Loan Limits Increased for 2018

In response to rising home prices across the nation, the Federal Housing Finance Agency has increased Fannie Mae and Freddie Mac’s conforming loan limits for the second year in a row. In most communities in the U.S., the new loan limit for one-unit properties...
3rd Quarter Market Statistics for Central Oregon

3rd Quarter Market Statistics for Central Oregon

During the third quarter of 2017, real estate prices in Central Oregon continued to rise. While a few markets saw a decrease from the second quarter to the third (the median sales price for Single Family Homes on less than an acre in Sunriver, for example, was down...
Vacation Rentals Under Review in Sisters

Vacation Rentals Under Review in Sisters

  Folks who are considering investing in a vacation-rental property in Sisters, take note: At the request of the Sisters City Council, the Sisters Planning Commission is reviewing code affecting vacation rentals. There are currently 39 permitted vacation rentals...
Summer Fun in Central Oregon: Area Events Calendar

Summer Fun in Central Oregon: Area Events Calendar

Happy Memorial Day! Central Oregon’s bounteous summer festival season is officially under way. Here’s a look at some of the key events on the schedule Saturday, May 27-Monday, May 29 Bend Elks Memorial Day Baseball Tournament: A must-attend event for youth baseball...
Neighborhood Update: Tetherow

Neighborhood Update: Tetherow

Each Wednesday, the brokers in my Sotheby’s office gather together at our Old Mill location to talk real estate –- we share upcoming listings, discuss current market trends, review changes in our contract forms and generally exchange info. Recently, however, we headed...
Central Oregon Stats-at-a-Glance for April 2017

Central Oregon Stats-at-a-Glance for April 2017

In April, the winter-weather slowdown in Central Oregon made way for spring selling activity. According to the May Beacon Report, Bend had 220 Single-Family Residential (SFR) sales last month compared to 170 sales in March, an increase of almost 30 percent. Redmond...
1st Quarter Market Statistics for Central Oregon

1st Quarter Market Statistics for Central Oregon

During the first quarter of 2017, it was more of the same, when it came to real estate sales activity in Central Oregon. And by “more,” of course, I mean less. Well, fewer, actually — as in listings and in sales. By now, it’s no surprise to...
Sisters Neighborhoods: ClearPine Begins Second Phase

Sisters Neighborhoods: ClearPine Begins Second Phase

Phase II of ClearPine, Sisters’ newest subdivision, has begun. The 20-acre, 100-home project in northeast Sisters was conceived as sort of a scaled-down version of Bend’s uber-popular NorthWest Crossing neighborhood: Rather than feature a single builder, similarly...