issue 17 april 2019 y rogue real estate this issue · are over 45 million millennials (33%) who are...
TRANSCRIPT
1
This Issue
Neighborhood Highlights
LOCAL STATISTICS
Spring has sprung and the real estate market is in full swing! Sellers are experiencing less
time on the market before selling—an average of 128 days. There are plenty of buyers in
the market who have been looking throughout the winter months and new ones since spring
has kicked in. Both single-family homes in all price ranges and multi-family investment
properties are selling fast. Waiting until later in the spring and summer months to sell could
cost you that perfect buyer for your property. Call us today!
Figures now on Bend single family homes on less than an acre compared with last year at this
time are as follows:
Homes for sale—up— 2.1% to 774
Homes sold—down—31.7% to 151
Homes pending—down—16.5% to 203
The average price per square foot for sold homes—up—1.6% to $251
The average active price—down—0.6% to $645,000
The average sold price—down—2% to $489,000
BEST REASONS TO LIST NOW
1537 NE 4th Street, Bend, OR 97701
Ph (541) 728-0995 Fax (541) 728-0965
www.roguerealestate.com
By: Peggi Schoning
In a strong seller’s market, like the one we have
experienced over the past few years, bidding
wars are common and expected. This makes
sense! A seller’s market is defined as a market
in which the inventory of homes for sale cannot
satisfy the number of buyers who want to
purchase a home. Bidding wars occur when
two or more parties repeatedly outbid each
other as they compete to purchase something -
in this case, a home.
According to our local MLS report, there is
currently a 5.1 month supply of homes for sale
in Bend. With the current number of homes for
sale and the level of demand from buyers, this
means it would take 5.1 months for all of the
homes listed to sell if no additional listings
came to the market. Any supply number under
a 6-month supply is considered a seller’s
market. According to the National Association
of Realtors, the housing market hasn’t had a
6-month supply of homes for sale since August
2012.
Bidding wars are less common this year due
to a rise in inventory, which is supposed to
continue throughout 2019.
BOTTOM LINE
If you are debating listing your home this
year, you may not want to wait for additional
competition as inventory continues to rise.
USE OUR PROPERTY MANAGEMENT SERVICE
Bend Office 541.728.0995
Redmond Office 541.923.8222
WHAT’S GOING ON WITH
BIDDING WARS?
Neighborhood Highlights P.1
You Do Not Need 20% Down P.2
The KonMari Method P.3
How To Repair A Deck P.4
Home And The Honey Bee P.5
Rogue Rentals P.6
Welcome To Woodland Park P.7-8
Events and Traditions P.9
By Rogue Real Estate
Issue 17
April 2019 Central Oregon Edition
Details of This Property on Page 5
2
1701 SE Karena Ct—Bend
3 Bds/ 2.5 Ba / 1,787 SF
Quiet Cul-de-sac & Walking Trail!
6623 NW Tetherow Rd—Redmond
Lovely, Usable 7 Acres
Views of Smith Rock!
16488 Wilt Rd—Sisters
5 Bds / 5 Ba / 6,613 SF
160 Pristine Acres w/Mountain Views!
NW Coyner St—Redmond
80 Acre Parcel / Bordered by BLM
Green Fields & Views of Smith Rock!
Call Us for Details
$388,900
$545,000
$434,000
284 Volunteer Park Ln—Redmond
3 Bds / 2.5 Ba / 1,990 SF
Ochoco Mtn Views—Eagle Crest Resort!
By: Peggi Schoning
The largest obstacle renters face when planning
to buy a home is saving for a down payment. This
challenge is amplified by rising rents, which has
eaten into the amount of money renters have
leftover for savings each month after paying
expenses.
In combination with higher rents, survey after
survey has shown that non-homeowners (renters
and those living rent-free with family or friends)
believe they need to save upwards of 20% for
their down payment!
According to the “Barriers to Accessing Home-
ownership” study commissioned in partnership
between the Urban Institute, Down Payment
Resource, and Freddie Mac, 39% of non-
homeowners and 30% of those who already
own a home believe they need more than a 20%
down payment.
The percentage of those who are aware of low
down payment programs (those under 5%) is
surprisingly low at 12% for non-homeowners and
13% for homeowners.
In a recent Convergys Analytics report, they
found that 49% of renters believe they need at
least a 20% down payment.
The median down payment now is 5%. There
are over 45 million millennials (33%) who are
mortgage ready right now, meaning their
income, debt, and credit scores would allow
them to qualify for a mortgage today!
BOTTOM LINE:
If your 5-Year plan includes buying a home, call
us today to determine what it will take to make
that plan a reality. You may be closer than you
realize!
There is a purpose for everyone you meet.
Some people come into your life to test you,
some to teach you, some to use you, and some
to bring out the very best in you.
-Unknown Author
QUOTE OF THE MONTH
$2,850,000
ONE MORE TIME...YOU DO
NOT NEED 20% DOWN TO
BUY A HOME!
18575 SW Century Dr., #1235B—Bend
1 Bd / 1 Ba / 718 SF
Inn At 7th Mountain—8 Wk Time Share!
365 SE Reed Market Rd—Bend
Nearly 2 Acre Lot—Zoned RM
Less Than 700 Ft From 3rd St
Many possibilities! $769,000
$13,000
$215,000
$449,800
3
Call Us for Details
821 NE Hudspeth Cir—Prineville
3 Beds / 2 Baths / 2112 Sq. Ft
7200 SW 51st St— Bend
4 Bdrm / 3.5 Ba / 3531 SF / 5 Acres
67474 Trout Ln—Bend
5 Bdrm / 3.5 Ba / 2987 SF / 9.92 Acres
1515 NE 7th St—Redmond
Duplex—Ea. 3 bd/2.5 Ba
Excellent Condition! Master on Main!
11130 Village Loop—Redmond
Ridge At Eagle Crest Townhome!
2 Bdrm / 2 Ba / 1419 SF / Gas Fireplace
2 Forest Service Rd. 2060—Sisters
243.67 Acres So of Black Butte Ranch
62755 Forest Service Rd. 4606—Bend
733.29 Acres of Beautiful Forest
Cascade Mtn Views—West of Shevlin Park!
One of the biggest challenges sellers face when
listing their home is decluttering. Cleaning out
some of the more personal decorating choices
allows buyers to imagine themselves living in the
house.
Those planning to sell soon are in luck! Marie
Kondo, the inventor of the KonMari Method
of Tidying Up, has gained popularity with her
new Netflix series. She gives some great tips
for sorting through years of accumulated
possessions that we all collect in our homes.
“The KonMari Method encourages tidying by
category—not by location—beginning with
clothes, then moving on to books, papers,
komono (misc. items), and finally, sentimental
items. Keep only those things that speak to the
heart, and discard items that no longer spark joy.
Thank them for their service—then let them go.”
When you subjectively look at all of your belong-
ings, you can sort through the ones that mean
the most to you. Not only will you increase space
for more joy-bringing items in your new home,
but you will also have a much easier time pack-
ing remaining belongings!
“Remember, tidying up isn’t about getting rid of
stuff. It is about creating a environment that
sparks joy and improves your quality of life.”
When selling your home, first impressions
matter! Before you or your agent schedule a
photographer to take photos for your listing,
make sure to tour your home with fresh eyes.
Look for any imperfections that a buyer might
notice.
When you sort through your more sentimental
items, consider packing them away to ensure
that you know where they all are. That way,
they are safe during open houses and showing
appointments. This will also cut down on the
amount of packing you need to do right before
you move!
BOTTOM LINE
Whether you are selling your home to move up
to a larger one, downsizing, or moving in with
family, only bring the items that truly spark joy
for you. This will not only help cut down on the
items you move, but also ensures that you’re off
to a great start in your new home!
$2,995,000
More Listings Available At
roguerealestate.com
THE KONMARI METHOD: HELPING YOU PREP YOUR HOME FOR SALE
$598,000
18245 Plainview Rd—Bend
3 Bdrm / 3 Ba / 2464 SF / 6.49 Acres
1728 SF Pole Barn—Mtn Views!
17325 Jordan Rd—Sisters
3 Bdrm / 2 Ba / 1659 SF / 5.02 Acres
$314,900
$874,900
$874,900
$800,000
$429,000
4
Call Us for Details
Working Cattle Ranch
Water Rights / Several LOP Tag Possibilities
67474 Trout Ln—Bend
5 Bdrm / 3.5 Ba / 2987 SF / 9.92 Acres
4701 NE Vaughn Ave—Terrebonne
2 Bds / 2 Ba / 1120 SF / 2.73 Acres
Detached Studio—Smith Rock Views!
64350 E Brightwood Lp Rd—Brightwood
2.74 Acre Buildable Lot
3 Lots Avail. For $490,000 (OWC)
18575 SW Century Dr #835—Bend
2 Bd / 2 Ba / Condo
64432 E Brightwood Lp Rd—Brightwood
3.12 Acre Buildable Lot
INSTRUCTIONS:
1. First, remove all of the rotten boards from
the deck that you are replacing.
2. If you have any rotten support beams that
also need to be replaced, cut them using a
reciprocating saw. Make sure to always
wear safety glasses when operating power
tools.
3. Remove the rotten beams from underneath
the deck and measure to cut new ones the
same length. Use the same size lumber for
the new support beams and fit into place.
4. Drive wooden sticks into the ground next to
the new support beams, and attach them to
the beams by drilling pilot holes. Then, drive
in galvanized deck screws to tighten the
beam to the stake.
5. Measure the new deck boards using the old
deck boards as a measuring device and cut
the new pieces from the same size lumber
with a circular saw.
6. Put the new pieces into place with
galvanized deck screws; make sure to
pre-drill pilot holes to avoid splitting the
wood. You may have to cut angles in the
new pieces to fit against existing boards, if
necessary.
More Listings Available At
roguerealestate.com
$175,000
$175,000
Easter is meant to be a symbol of hope,
renewal, and new life.
- Janine di Giovanni
66961 Lance Rd—Bend
3 Bdrm / 2 Ba / 1232 SF /2.44 Acres
$688,000
NEW PRICE!
NEW PRICE!
$175,000
Get Pre-Approved!
Know your budget before you start
shopping. Show sellers you are ready to
buy now!
Know Your Wants vs. Needs
Make a list of what your new home needs
to have and stick to that list! Don’t waste
your time touring homes that do not fit
your needs.
Find An Agent With The “Heart of a
Teacher” - In today’s market you need a
professional who will guide you through
the process of buying a home, answering
any questions you may have along the
way!
Call Us Today! 541-728-0995
COMING SOON...
$359,000
$389,500
PENDING
PENDING
PENDING
5
1537 NE 4th Street, Bend, OR 97701
Ph (541) 728-0995 Fax (541) 728-0965
www.roguerealestate.com
Feature Listing From Page 1...
By: Annie’s Apiary
Swarm, what is a swarm? For many, a swarm of
bees conjures up an image of a dark cloud of
marauding bees looking for trouble and out
to sting anyone in their way. These images
have been manufactured by Hollywood movies
and portrayed in cartoons, creating and
perpetuating fear.
A swarm of bees, simply said, is a colony of
bees that has run out of space in their hive so
some move on to a new location. When a hive
is becoming too crowded the colony raises a
new queen and prepares for the swarm. Some
of the colony stays with the new young queen
and the old queen leaves with the rest of the
colony. It’s called a swarm when the old
queen leaves with part of the colony.
Swarming begins midday; the swarm initially
looks like a loose cloud of bees. It can feel
unnerving, but swarming bees are on their way
to find a new home. You may see a cluster of
bees on a tree limb, a fence or structure. These
bees may stay there for a few hours or a couple
days, but this is only temporary until the move
on, or to their new home. Once you know how
to recognize a honeybee swarm, you can help
by contacting your local swarm line.
$334,900
22605 SE Rickard Rd—Bend
Nearly 19 Acres - CUP In Place
Incredible Cascade Mountain Views!
21280 Stevens Rd—Bend
3.27 Acres / Zoned RS Can be developed for
Single-Family Lots Avion Water / Power on
Property
HOME AND
THE HONEY BEE
Call Us for Details
$465,000
61886 Teal Rd—Bend
Horse Property on 19.55 Acres!
2 Manufactured Homes—Indoor Arena!
$579,000
2631 NW Boulder Ridge Lp—Bend
3 Bds / 2 Ba / 1736 SF
Rivers Edge Village
At Rivers Edge Golf Course
Pahlisch Home in Pristine Condition
24/7 Emergency Service
Central Oregon Disaster Restoration
(541) 318-7853
$555,000
6
2681 NE 6th Dr—Redmond
• 3 Bds / 2 Ba / 1805 SF
• 12 Month Lease
• $2375 Security Deposit
• Apply Online
• Available Now
3318 SW 28th St—Redmond
• 3 Bds / 2.5 Ba / 2088 SF
• 12 Month Lease
• $2395 Security Deposit
• Apply Online
• Tentatively Available 3/15/19
1325 NW Davenport—Bend
• 2 Bds / 2Ba / 1366 SF
• 9 Month Lease w/Option of 1 Yr.
Renewal
• $2500 Security Deposit
• Apply Online
• Tentatively Available 3/7/19
Earth’s saddest day and gladdest day
were just three days apart!
- Unknown Author
• Easy Online Inspection Request
• Thermal Imaging Included
• Interactive Reports
• Insurance Information Page
• 20+ Years in the Real Estate Industry
• Licensed Residential Contractor
• InterNACHI Certified (http://www.nachi.org/verify)
• Awesome Repair Request Feature https://www.homegauge.com/crl
CALL US TODAY TO SCHEDULE YOUR NEXT HOME
INSPECTION OR VISIT US AT OUR WEBSITE AT www.prime-homeinspection.com/scheduling-pricing.html
Licensed/Bonded/Insured/Certified: CCB# 216331—OCHI# 1764
Dave Peterson: Owner/Inspector
JB Miller: Inspector OCHI #2063
Carol Peterson: Owner/Office Manager
541-706-0432
Email: [email protected]
DIFFERENT THAN ALL THE REST
Available Rentals | Call Us for Details
By Paula Dodge
Licensed Property Manager
Do you have an investment property and need
help managing your tenant? Rogue Real Estate
does Property Management. Give Paula Dodge
a call 541-923-8222. Take advantage of our
current promotion, $0 set up fee and 50% off
first month’s management fee.
Please feel free to call or email Paula at
PROPERTY
MANAGEMENT
$2000/Mo
$1875/Mo
$1895/Mo
7
1537 NE 4th Street, Bend, OR 97701
Ph (541) 728-0995 Fax (541) 728-0965
An Upscale Urban
Neighborhood In Charming
Sisters, Oregon
Woodland Park is an upscale, urban
neighborhood in charming Sisters,
Oregon. Located a short walk from
the famous Five Pines Lodge & Shibui
Spa, Sisters Athletic Club, Islas Rio
Mexican restaurant, award winning
Three Creeks Brewery and The Sis-
ters Movie House, homeowners en-
joy all of these attractions and leave
their cars in the garage. Only 1/2
mile south are the forest trails just
perfect for hiking, biking and daily
strolls. Only a 1/2 mile west is down-
town Sisters with all the fun shops,
restaurants and weekend events.
Woodland Park is an exciting new
neighborhood in the perfect loca-
tion and has no HOA’s.
Each home is built to old-fashioned
high quality standards and includes a
master bedroom suite on the main
level, an ample sized great room with
a gas or wood fireplace, a main floor
laundry, a roomy garage, and an
upstairs loft with a Jack-n-Jill bath
connecting two bedrooms. Your kids
could have the space they need, or
your guests could have the privacy
they’d like when they come visit.
Hint: have a calendar handy to keep
track of all the people who will want
to come stay with you in Sisters!
Woodland Park has 24 lots, and 6
are already sold, so you need to
choose your favorite lot quick-
ly. There is one home remaining that
could be a short term Vacation Rent-
al, and it is beautiful both inside
and out. All the exteriors have real
wood, shingles, stone, composition
and metal roofs and no two are alike.
Call Us for Details
945 E. Desperado Trail
Beautiful lot minutes from
downtown Sisters!
New neighborhood with NO HOA’s!
935 E. Desperado Trail
Buildable .14 Acre Lot
Beautiful Sisters Neighborhood!
778 S. Wrangler Ct
Can Be Short-Term Vacation Rental
Beautiful Inside & Out!
$119,500
808 S. Wrangler Ct
3 Bds / 2.5 Ba / 1776 SF / .17 Acres
End of Cul-de-sac!
751 S. Wrangler Ct
Buildable Lot—.13 Acres
Build Your Dream Home!
$129,500
811 S. Wrangler Ct
3 Bdrm / 2.5 Ba / 1821 SF / .17 Acres
Charming Sisters! Hike the Forest Trails!
$449,000 $129,500
$129,500 $129,500
$414,900 $539,500
8
Available Rentals | Call Us for Details
671 S. Wrangler Ct
Buildable Lot .13 Acres
Perfect Sisters Location!!
$129,500
711 S. Wrangler Ct
Buildable .13 Acre Lot
All The Amenities Nearby!
771 S. Wrangler Ct
Buildable .13 Acre Lot
Close To Downtown Sisters!!
657 S. Wrangler Ct
Buildable .13 Acre Lot
Excellent for Your New Home!
$129,500
$129,500
$129,500
Call Us for Details
754 S Wrangler has a modern, chic farm-house feel with the floor to ceiling Montana stone real wood fireplace, flanking bookcases made of stained knotty alder and a gorgeous granite and stainless steel kitchen as part of the great room. The room you’ll never want to leave! Livable, beautiful, spacious.
Empire Construction, established in 2004, specializes in high-end residential homes and many types of commercial construc-tion. With over 32 years of experience in Central Oregon, Kevin Spencer and his team are known for their first-rate quality of construction, attention to detail and excellent relationships with their clients.
The reason the fireplaces are exquisite and the paver patios are stunning? They build one-of-a-kind, top-notch fireplaces and patios that not only look incredible, but you will be able to enjoy them with friends and family for years to come.
Sisters has always been a special place to live but many people are discovering it for the first time. With the explosive growth in Bend, Sisters stands alone with that small town, get-to-know-your-neighbors atmosphere. Sunset Magazine concurs in this article, 20 Game Changing Places To Live and in their February 2018 issue, Sisters was a runner-up for one of the top 4 Best Places to live. With a population of 2,573, and a median home price of $426,000, it’s an affordable recreation mecca where people can happily live and work.
If you would like more information about the Woodland Park area, contact Sally Jacobson @ 541-678-2232 or email her at [email protected].
754 S. Wrangler Ct
Stunning Home
Excellent Craftsmanship!
9
The tradition of decorating eggs of all kinds—even ostrich eggs—may go all the way back
to the ancient pagans. It’s easy to see why eggs represent rebirth and life, so associating
them with spring and new growth isn’t much of a stretch. To celebrate the new season,
it’s said that people colored eggs and gave them to friends and family as gifts.
When Christians came along, they likely incorporated the tradition into their celebrations.
According to some legends, Mary or Mary Magdalene could be responsible for our annual
trek to the store to buy vinegar and dye tablets. As the story goes, Mary brought eggs
with her to Jesus’ crucifixion, and blood from his wounds fell on the eggs, coloring them
red. Another tells us that Mary Magdalene brought a basket of cooked eggs to share with
other women at Jesus’ tomb three days after his death. When they rolled back the stone
and found the tomb empty, the eggs turned red.
MAY EVENTS APRIL EVENTS
EVENTS & TRADITIONS
REAL ESTATE INVESTMENT SEMINAR Explore the “Buy & Hold” Strategy
When: Thursday, April 25, 2019
Time: 5:30—7:00 p.m.
Where: Rogue Real Estate—1537 NE 4th St, Bend, OR 97701
Call to RSVP: (541) 728-0995
CENTRAL OREGON OFFICES
BEND
1537 NE 4th Street
Bend, OR 97701
541.728.0995
REDMOND
219 NW 6th St., Ste. 1
Redmond, OR 97756
541.923.8222
PRINEVILLE
427B N Main Street
Prineville, OR 97754
541.903.9062
• First Friday Art Walk—Bend Downtown and Old Mill
4/5/19 @ 5:30 p.m.
• Central Oregon Natural History
4/9/19 @ 7:00 p.m.
• Bend Marathon/Half Marathon—Les Schwab Amphitheater
4/20/19— 7:00 a.m.
• Easter Egg Hunt—Sunriver Resort
4/21/19—9:30 a.m.
• Otter Amazing— High Desert Museum
4/24/19—10:00 a.m.
• Live At The Vineyard Off The Record—Faith, Hope & Charity
Vineyards, Terrebonne—4/27/2019—6:00 p.m.
• First Friday Art Walk—Bend Downtown and Old Mill
5/3/19 @ 5:30 p.m.
• 05/04/19—Spring Paddle Festival
10:00am Tumalo Creek Kayak Old Mill Bend, OR
• 05/11/19—Birds Beyond Borders, A Migratory Bird Event
9:00am Tumalo State Park
• 05/18/19—Pole Pedal Paddle
Start 7:30am @ Mt Bachelor, Finish line @ River Bend Park
• 05/25/19—NPC Cascadian Event
9:00am Riverhouse Convention Center Bend, OR
• 05/26/19—Dog Days In May 5K Walk/Run & Adoption
11:00am -3:00pm Sunriver Village
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