Annualized expected growth from 2011 – 2016:
8.8 percent
Home prices in Bend are down 43.6 percent from their Q1 2007 peak. But Bend has a high unemployment rate of 11.3 percent and its median family income of $56,800 is lower than the national median of $63,000.
The sun is out and your hiking boots are staring at you from the shoe rack. Has it been a few months since you’ve had a chance to get out and explore? Here are a few hikes that can get you back into the swing of things:
This hike is a must for any Bend resident or visitor. A short mile from base to summit, the trail winds around the butte. The payoff is a spectacular view of Bend and the surrounding high desert that is not to be missed. Plan for a sunset and you won’t be disappointed.
This section of the Deschutes River trail is perfect for nature viewing, and is short enough for those looking to get their legs back. The terrain varies from high cliffs to forest groves. Hikers have reported being able to catch glimpses of mink and beavers, so keep your eyes open and your camera ready!
http://www.everytrail.com/guide/deschutes-river-trail-dillon-falls-to-aspen
A series of short trails let you explore the lava flows and the amazing summit that make up Lava Butte. Located just a few miles outside of Bend, this destination will get your legs working as well as provide some amazing insight to the geology of the high desert region. Definitely worth checking out on a nice afternoon!
http://www.explorecentraloregon.com/lava-butte/
There are a wide variety of trails available for hikers of all skill levels at the world-famous Smith Rock State Park. While known primarily for its rock climbing terrain, Smith Rock also features many trails for the avid hiker. Smith Rock is home to an abundance of wildlife; you may catch a glimpse of a golden eagle or a river otter. The Homestead Trail is a great place to start, be sure to check out the website and brochure for more info.
http://www.oregonstateparks.org/park_51.php
An unbelievable opportunity! Stunning Retreat in desirable Tumalo includes its own par three golf course with 6 tee boxes, timber peg construction, Crestron Smart System, master on main with laundry room, 5 separate theme guest room, ballroom, theater room with pool table and kitchenette, handicap accessible, elevator, sauna, message room, fitness room and so much more! Country approved for Retreat!
Contact Deb Tebbs for more information on this beautiful Central Oregon property!
Select Homesites at Tetherow Starting at $149,000 *Most real estate purchases include golf membership
With golf, forest and mountain views, Tetherow’s homesites range from 1/3 to 1+ acre and start in the mid-$100s. These dynamic opportunities are available for a limited time. Explore some of the best homesites on Bend’s Westside in this growing community! Athletic Club of Bend membership included with full Tetherow membership.
A wide variety of home designs are encouraged at Tetherow, and every home is subject to the Architectural Review Committee. From homes with sleek, modern lines to classic mountain-style designs, Tetherow provides an ideal backdrop to your custom dream home!
Cascade Sotheby’s International Realty in Central Oregon today announced the launch of the Sotheby’s International Realty network’s 2012 marketing program, which was designed to deliver an estimated 506 million overall impressions, reaching a global audience of qualified consumers.
At the core of the brand’s 2012 strategy are its relationships with pre-eminent media powerhouses in both the print and online arenas: The New York Times, The Wall Street Journal, BBC.com, The Telegraph Media Group, Bloomberg Markets magazine and Google. These relationships were developed to showcase unique properties from the brand’s approximately 590 offices in 44 countries and territories worldwide through unique, media rich advertising units that offer an immersive experience and position the brand in front of a relevant audience of consumers.
As part of its exclusive relationship with The New York Times, the brand maintains a presence on the publication’s global edition search module with integrated content and an interactive experience, reaching their millions of valued international readers every day. The brand also will be part of a new advertising opportunity that provides an effective way to target ads to readers on NYTimes.com who are using their Safari iPad browser.
The Wall Street Journal offers the Sotheby’s International Realty network a global reach and exposure for the listings it represents through the publication’s US, Europe and Asian websites and a dedicated presence among key local targets. This exclusive relationship provides the brand with opportunities to showcase properties throughout The Wall Street Journal Digital Network including the real estate homepage. This engaging new advertising content includes the popular Business of Extraordinary Living Microsite.
The brand will continue to exclusively sponsor BBC.com’s “Living in” series, which highlights the virtues of living in cities and regions around the world, as well as its “Once You’re There” series, which allows readers to continue their journey into the Living In destinations, providing in-depth and first hand information. The Sotheby’s International Realty network will continue its collaboration with The Telegraph Media Group to produce the successful World’s Best Places to Live online feature, which showcases custom content built in conjunction with the network’s office locations and interactive maps that integrate all firms including Cascade Sotheby’s.
The brand will continue to develop its YouTube channel, launched last year, to provide consumers an inside view of some of the world’s most extraordinary properties by focusing on the distinctive lifestyles and amenities they offer at any price point. The channel features four categories of video: the Spotlight section provides candid views into some of the Sotheby’s International Realty network’s most exceptional properties and their lifestyles; the Property section contains videos on the many homes represented by the network; the Destination section spotlights the many luxury markets served by the network around the world; and the Brand section features an insider’s view of the Sotheby’s International Realty brand and the Sotheby’s Auction House.
Cascade Sotheby’s International Realty looks forward to offering its clients innovative and effective ways to position their homes in front of an international audience of well-qualified buyers.”
View luxury real estate in Bend and Central Oregon from luxury real estate specialist and owner of Cascade Sotheby’s International Realty, Deb Tebbs.
Sotheby’s International Realty Brand Wins ‘Best in Category’ for Fifth Consecutive Year in Franchise Business Review’s Franchisee Satisfaction Awards.
Sotheby’s International Realty Affiliates LLC today announced it won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the fifth year in a row.
The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 7th annual Franchisee Satisfaction Awards presented by Franchise Business Review. In addition to its real estate ranking, the brand also came in second overall among the Top 50 Large Franchise Systems, which is a ranking of all franchise systems with more than 200 units across all categories.
Franchise Business Review surveyed more than 22,000 franchisees from more than 300 leading systems for the 7th annual Franchisee Satisfaction Awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences.
The Sotheby’s International Realty® network currently has nearly 12,000 sales associates located in approximately 590 offices in 44 countries and territories worldwide. Central Oregon is home Cascade Sotheby’s International Realty, with offices in Sunriver and Bend. For luxury homes in Central Oregon and professional agents visit Cascade Sotheby’s.
Think about buying a home like the dating world or a job interview. When you find that you are not compatible or rather “turned off” you do not go on a second date or a second interview. But turnoffs can be additional damage when they inhibit real estate goals. When you turn off a buyer, you jeopardize the sale of your home or at best not getting the price you hoped for.
As you proceed in your quest to sell real estate, factor in these frequently reported buyer turn-offs.
3 Ways to Turn off Potential Buyers: If you’re a seller, consider these buyer “turn-offs” to avoid.
1. Being “too present” while buyers are touring a home: Buyers will monitor properties online and off, checking repeatedly for price reductions and other alerts. This being said, it does not go both ways. Buyers will most likely feel smothered and hesitant to fully explore a home when a home seller is hovering inside your home while it’s being shown. Sellers should let their real estate agent do their job, they are the expert.
2. Showing a less than tidy or clean home: When you are trying to sell your home, it’s imperative that you make sure your home looks its best when buyers are present. Your home is in competition with many others and first impressions are a reality. This might all seem like common sense, but agents and buyers alike are continually astounded at the chaos of some of the homes they walk into.
3. Overpricing your home: Buyers have a huge decision before making the biggest purchase of their lives. Not only that, they have a lot of somewhat unpleasant work ahead; getting finances into order, qualifying for a loan and of course hours upon hours of market research and house hunting. With all of this stress the last thing a prospect wants to do is negotiate down a illogically high asking price. The result of a sky high price will most likely be your buyer moving to the next desirable home with a reasonable price. Let your realtor guide you in pricing your home, you’ll be happy you did.
It is best when putting your home on the market to find a knowledgeable real estate agent that can guide you in the process. You will be happy that you have someone to guide you through the process when questions arise or market expertise is needed.
Where the high desert meets the foothills of the magnificent Cascade Mountains, you can find Broken Top Club.
Play a round of golf on the award-winning course, relax in the stunning clubhouse, or enjoy a extravagant meal prepared by Central Oregon’s award winning culinary team, you’ll find Broken Top an accessible oasis in the heart of Bend.
Your chance to own in this remarkable community awaits you. This is a one of a kind architecturally designed custom home site on two lots in Broken Top with wonderful private southern facing orientation. Spacious open floor plan features radiant heat travertine floors, slab granite, large gourmet kitchen, lite touch system, central vac, multi-zoned gas heat and A/C, security, ICF constructed, hand trowelled walls, a huge 1480 sq ft garage, impeccable landscaping and much more. This 4 bedroom, 4 bath estate is listed at $2,250,000. Contact Deb Tebbs for details, (541) 419-4553.
Customarily in real estate, the spring season is the time of year that we see increases in the number of homes being purchased and sold in Central Oregon. Realtors are optimistic that spring 2012 could well be one of the best real estate has seen in quite some time. There are a number of indications pointing to an encouraging spring in 2012: property affordability is at a record high, mortgage rates are low, inventories are decreasing and the hopeless unemployment situation seems to finally be coming to an end.
Existing home sales have already edged up in the past few months, which has led to a drop in for-sale house inventories. At the end of December 2011, there were almost 2.4 million units for sale, the lowest figure since 2005 when all the real estate difficulties arouse.
Regardless of all of these hopeful signs, a fruitful spring showing is by no means guaranteed. The big difficulty for many remains the firm mortgage lending guidelines that have left a lot of potential buyers in no position to secure credit. Foreclosures will continue to be a burden, putting pressure on house prices in many areas.