January Questions on the Bend Oregon Real Estate Market

Starting the Year off right by answering your questions! 

Bend Oregon Real Estate Tidbits | January Questions on the Bend Oregon Real Estate Market

Join Jim and Valarie as they go over a few of the questions that you have asked us.

They start off with talking about the East and West sides of Bend and why you may be attracted to one side over the other. For instance the west side has the Old Mill District with the Deschutes river running through it. As where the east side has close access to St. Charles Hospital and larger lot sizes. If you want to see some of the options check out the Map search at BendOregonRealEstate.com

The second question they go over is about selling your home. If you are trying to decide when you want to put your house up on the market Jim Birtola goes into the pros and cons of listing in the Winter vs. the Summer.  You need to know what your selling goals are, this will help determine when you should list. Plus as a bonus you can go to http://www.zippyhomevalue.com/ and without ever having to talk to an agent you can find out your homes current approximate value.

The third and final question of the day is on taxes. If you are looking to move in from out of state you may have a few questions about how our tax system works. Although we are not tax pros we do understand how it works with your property. Always remember that when you have questions about property taxes your Real Estate agent can put you in touch with a tax accountant to help you make the best financial decisions.

Thanks for reading and remember that when you are looking for the best in Real Estate look to Birtola Garmyn Real Estate Consultants.

Jim Birtola & Ruben Garmyn

Birtola Garmyn High Desert Realty

541-312-9449

101. N.E. Greenwood Ave.

Bend, OR 97701

BendOregonRealEstate.com

Central Oregon Market Is On Its Way Up

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Multiple factors are pointing to an upward trend for the Central Oregon residential real estate market. Both the number of units sold and the average price per unit are increasing. Over the last five to eight months this increase has remained steady. Compared to this time last year the prices in Bend are up almost 11 % and sales are up 16.5% (per Oregon MLS). In August 2012 the median price for residential properties in Bend was $261,000 which is a 29.9% increase from prices in September 2010. When comparing the average price per square foot across all of Central Oregon (Deschutes, Jefferson, and Crook counties) there was an increase. From September 2010 to August 2012 there was a 14.8% increase.

Housing is currently very affordable due to historic lows. While credit requirements have increased there is still plenty of money to loan, buyers are simply required to provide more documentation of credit worthiness. Further signs that demonstrate recovery are the number of traditional sales. There are less foreclosures and more traditional sales in which there is a willing seller and a willing buyer.

Now is an opportune time for sellers as inventory is low. In Central Oregon there was a 27.6% decline in residential units that were listed for sale from September 2010 to August 2012. Bend alone has seen a 33% drop in that same time period. This decrease has resulted in competition amongst buyers. It is not unusual to see a home with four or five offers, nor is it unusual to see a home sell within a couple days of going on the market.

The tight competition has given buyers with cash the upper hand. Approximately a quarter of home sales in Bend were cash sales over the past nine months. When there are multiple offers on a property cash often wins. This is due to the fact that in order for lenders to approve a loan they require an appraisal that ensures the financing is an accurate reflection of the market value of the property. If a buyer has cash an appraisal is not required which can expedite the process.

Combining all of these factors seems to indicate that the Central Oregon real estate market is on a steady uphill path.

   

HOMESELLERS:

What is YOUR home worth?

Find out what your home is worth and what sold on your street right now.

HOMEBUYERS:

Find out what sold in the neighborhoods you are interested buying in.

Market snapshot guarantees the most up-to-the-minute neighborhood property information, detailing MLS active, sold inventory, and days on the market counts. 

www.WebMarketSnapShot.com

Ruben Garmyn & Jim Birtola
Team Birtola - Garmyn, Oregon's #1 Real Estate TeamPrudential High Desert Realty 
Bend, OR 
Office:  541-312-9449
clientservice@prudentialhighdesertrealty.com
http://www.BendOregonRealEstate.com

Real Estate Market Update

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Hi Jim Birtola Here!  I wanted to give you an update on how the Real Estate market  did over the summer. We saw a phenomenal increase in sales to the extent that we are selling 2+ homes per day.  We are starting to see properties sell in areas that were very slow moving before. Currently in Bend and Redmond there are not enough homes for buyers that are out there. So, if you are looking to sell, it would be best to get your home on the market before winter comes and home sales slowdown.

 As we’ve said before you should always interview your realtor when looking to buy or sell, we would love the opportunity to show you how we have the best fees in CO and the greatest web presence to make sure your home gets sold in the shortest time.

For the best exposure, your home will be on the nation’s top 50 real estate websites and the top 3 Central Oregon real estate websites.  Your home is also marketed through our social media platform where we’re able to keep people interested in our sites. Two of these websites are http://birtola-garmyn.blogspot.com/ and  http://wwwbendoregonrealestate.blogspot.com/  This is where you will find great info not only on current homes for sale but great gardening tips, home maintenance and great events all around Central Oregon.

And speaking of great events, we are hosting the Dave Ramsey EntreLeadership Simulcast on September 21st. And this is an event you won’t want to miss! There is only one week left to get your tickets to attend this great business event, space is limited. The event is geared towards business owners, managers, team leaders and those looking to start their own company.  I’m personally indorsing this event, we use Dave Ramsey’s principles to run our business, which has helped us to become the #1 real estate team in OR.

So please come and join us as we want to encourage local businesses to work together. We will have a networking hour to start the day off, and lunch will be provided on site as well! To purchase tickets go tohttp://bendoregonrealestate.com/daveramsey.html

I look forward to meeting you there and learning how we can work together in the future.

Dave Ramsey in Central Oregon

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Dave Ramsey’s EntreLeadership Simulcast is less than 3 weeks away! Have you got your tickets yet? This event is going to be held at the Bend Church Of The Nazarene, on September 21^st from 8:00AM- 4:00PM with a Free Lunch provided by Schlotzsky’s Deli! Don’t know who Dave Ramsey is? He is one of the Top Financial leaders in the world. He has helped millions learn how to manage money, have more of it and become debt free! He owns and runs the number one place to work in Nashville Tennessee and has built that business with his own hands from a card table in his living room to now having over 300 employees.  He’s also one of the top 3 radio hosts in the nation and has the top business pod cast on iTunes.

Joining Dave for this simulcast is Chris LoCurto, one of Dave’s right hand men. Chris has been with Dave almost since the beginning  helping to grow the company. He knows firsthand how hard it is to grow a business and struggle through the hard times. He also knows how great it can be when you get past the hard times and into the good times when your company excels!

Also joining Dave is Jon Acuff, author of the National Best seller Quitter. He is an Expert on what it takes to advance in the work field or change positions to the job you really want to be in.

This Simulcast will be covering the top 4 lessons from Dave’s week long EntreLeadership Master series class. The lessons will cover all levels of business from becoming a team leader to managing the work force to owning and running a business yourself.

All proceeds from this will go to the Deschutes County Search and Rescue foundation and the Humane Society  of Central Oregon.

Get your tickets now as space is limited for this event.

Real Estate Mobile App

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BendOregonRealEstate.com website has a mobile version that gives you the ability to search for homes with ease while on the go. Visitors even have the ability to search for nearby properties according to their current location. You can then obtain driving directions to those properties using the map functionality on your phone. As with your BendOregonRealEstate.com website, the mobile version is packed full of great features like full details page for each listing, easy to navigate photos, and an easy way to contact your Agent.

To access BendOregonRealEstate.com on your mobile device, enter BendOregonRealEstate.com into your mobile web browser.

• Note: If the full website loads, just click "Mobile Site" for the mobile interface. You can always click "Full Site" if you want to stop using the mobile version for any reason.

In order to have quick access to your mobile site, bookmark the site in your phone. You can select "add to app home screen" to receive the shortcut icon.

App Icon

 

BendOregonRealEstate.com mobile website may look and feel like an app, but unlike regular apps, you never have to download anything to access the site! When visiting the website on your phone, you are simply defaulted to the mobile version in your mobile web browser! You can easily click to add an "app" icon to your phone’s home screen for quick access to BendOregonRealEstate.com.

 

Nearby Properties

 

When driving through a neighborhood you love, you can search for Nearby Properties for sale. You can even select search criteria and use your current location to view nearby listings matching your specifications. BendOregonRealEstate.com shows Nearby Properties that fall within a 1 mile radius from your current location. The distance used for Nearby Properties is “as the crow flies”, rather than calculated road distances.

Driving Directions

 

Did you find a listing you love? With the new BendOregonRealEstate.com mobile site, you can get driving directions to that listing and also see the property location with a tap of a button.

Full Access

 

BendOregonRealEstate.com App is full of the same great features as the full version of BendOregonRealEstate.com. You can quickly scroll through photos, mark properties as favorites, email listings to friends, request information and more!

I have some very exciting news to share! This fall, Dave Ramsey’s EntreLeadership event will be simulcast live to hundreds of locations across the country. Team Birtola-Garmyn at High Desert Realty will host the simulcast at the Church of the Nazarene on Friday, September 21^st  from 8AM to 4PM. The simulcast is a great opportunity for you to learn from a master businessman and creative leader right here in Central Oregon.

Dave will share the principles that have guided his organization for nearly two decades, and you will learn how he built his business from a card table in his living room to a company with more than 300 team members, each of whom is dedicated to the mission and values of the organization.

The simulcast also includes lessons on these critical business topics:    

·         Leadership Development With Purpose

·         Creating a Culture of Excellence

·         The Art of Selling

·         Thriving and Leading During Chaos

·         Decision Making the Right Way

·         And much more

You’ll also have the opportunity to meet and network with other like-minded business leaders from (name of your city or area where you live).

  

Team Birtola-Garmyn is the exclusive simulcast host for this area, so we want to extend a personal invitation to you to join us. The cost is $39 per person and includes the cost of your workbook. For tickets, contact us at questions@TeamBirtolaGarmyn.com or visit at www.BendOregonRealEstate.com/DaveRamsey.