Deb Tebbs Group

Cascade Sotheby's International Realty

Category: Real Estate

What to Expect In the Bend Oregon Real Estate Market For 2016

March 16, 2016 – 11:10 pm

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BEND, Ore. – There’s no denying that 2015 was a great year for the Bend Oregon Real Estate market and now that spring, and the snow is melting, the local Real Estate market is heating up and many people are wondering what we can expect in 2016.

In this post we will share with you several things you can expect from the Bend Oregon Real Estate market in 2016 regardless if you plan on buying or selling a home.

If You Plan On Buying a Home

Buying a home in Bend is going to be more competitive than it was last year because recent reports have shown that Oregon was one of the top relocation destinations during 2015 and that’s only expected to continue this year especially since Bend enjoys over 300 days of sunshine per year and has excellent outdoor recreation options that you can enjoy all year long.

“There is more pressure on new listings than we had last winter, and a higher number of homes are selling within the first 30 days,” says CEO of John L. Scot Real Estate Lennox Scott. “This is setting up the stage for a frenzy market in the spring of 2016. Even if interest rates go up slightly, buyer demand and low inventory still push prices up.” A search on Craigslist Portland shows 1-bedroom apartments renting for a minimum of $1,000. This has caused the Portland City Council and Multnomah County Board of Commissioners to declare housing states of emergencies. Areas outside of Portland are being driven up exponentially as well. In Lake Oswego and West Linn the median home price is around $450K. Likewise, the Tigard, Tualatin, Sherwood, and Wilsonville markets are all above $362K. But there is still desirable Oregon real estate not far outside the Portland city limits that remain affordable. Median prices in Beaverton and Aloha are below $280K, and in Gresham, Troutdale, Sandy, Corbett, and Fairview prices are still below $260K.

Source – Housing Predictor  

If You Plan On Selling Your Home

2016 is also going to be a great year to sell a home in Bend Oregon because more buyers will be pre-approved for mortgage loans thanks to historically low interest rates and since we still have a housing inventory shortage we can expect the demand for homes in Bend to be huge.

Before listing your home for sale make sure you do the following:

  • Clean up your home thoroughly inside and out.
  • De-clutter your home by removing big pieces of furniture.
  • Remove all personalization from your home including your artwork, pictures and decorating choices so your home feels more like a “product” than your house.
  • Start packing up your home now and place those boxes neatly in your garage or storage.

Contact the Deb Tebbs Group

Get stared with selling your Bend Oregon home today by contacting the Deb Tebbs Group at (541) 323-4823 or CLICK HERE to connect with us online.

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Do you still need a Realtor® to find Bend Oregon homes for sale?

December 30, 2015 – 7:44 pm

One of the biggest questions on the minds of many people is will we still need a Realtor® in 2016 to find Bend Oregon homes for sale? And the answer to this question is yes.

In this post I will provide you with three reasons why you will still need a Realtor® in 2016 to find Bend Oregon Homes for Sale and how a qualified Real Estate agent will help you with all of your Real Estate needs.

#1 – Real Estate Agents Have Real Local Experience

Even though the Internet is full of online resources like Zillow and Trulia that you can use to find a home in 2016 the reality is that the data you will find on many of these websites is either inaccurate or outdated.

When you hire a Realtor® to find Bend Oregon Homes for Sale you will benefit from having an agent who works in the field on a daily basis and they will many times know of properties before they come to market and are listed online.

Working with a Realtor® will give you the competitive advantage over another buyer who is relying on online data for buying the right home.

#2 – Only A Real Estate Agent Will Know The Finer Details Of A Home

Although a Real Estate website may provide you with the aesthetic details about Bend Oregon Homes For Sale the reality is that an online search can only go so far because a computer can’t tell you if a home was built with potentially hazardous materials or has details that you will want to change when you move in to improve the safety and security of your home.

#3 – An Experienced Agent Will Advise You On Offering The Right Price For A Home

Last of all, but most important, an experienced Real Estate Agent will advise you on the right price to submit on Bend Oregon For Sale rather than just relying on online data which can be off by as much as 40 percent or up to 12 months old.

Search for Bend Oregon Homes 

Save time and money when searching for Bend Oregon Homes for Sale by working with an experienced Real Estate Agent.

To get started with searching for a Bend Oregon home for sale contact the Deb Tebbs group today by clicking here to connect with us online or calling us at (541) 323-4823.

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5 Step Process for Buying a Home in Bend

January 19, 2015 – 9:57 pm

 

 

 

 

 

 

 

 

Buying a home in Bend is an exciting part of life since it means you will finally be moving from being a renter to a home owner.

Although the local Real Estate market is competitive right now you can give yourself the edge in the home buying process by following these simple tips.

    Tip 1 – Get Pre-Approved For a Mortgage Loan

Getting pre-approved for a mortgage is important since it will tell you the exact mortgage loan amount you qualify for and the funds you have to work with when buying a home.

Tip 2 – Determine Your Preferences

Think about where you want to live in Bend and determine what you are searching for in a home including your “must have’s” and “should have’s” in a home.

You should also determine the amenities you are searching for in a home or community as well.

>>>>>>>>> Search for homes in Bend – Click here! <<<<<<<<<<<<

Tip 3 – Choose a Real Estate Agent

Interview at least 5 Bend Oregon Realtor’s so you find the right Realtor ® who you feel comfortable working with.

Tip 4 – Preview Homes for Sale

Your agent may start with an area tour then show you specific homes in Bend which match what you are searching for.

During the home search it’s important to keep an open mind, especially since you may come across homes which have great potential, and after a little renovation could have everything you could want in a home.

Tip 5 – Make an Offer on a Home

Once you find a home in Bend you are interested in buying you will then make an offer on that home.

Before submitting an offer though your Realtor will provide you with a comparable analysis of homes for sale in Bend so you can submit a competitive offer on the home.

Don’t be deterred if you are going up against multiple bidders, take the time to write a letter to the homeowner which talks about your family and how much you love the home.

Adding that personalized touch may help the homeowner to choose your offer versus a competitors offer.

 

For more tips on buying a home in Bend, or to view the latest Bend Oregon Homes for Sale, contact the Deb Tebbs Group today by calling us at (541) 323-4823 or click here to contact us through our website.

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