Posts made by author 'Bend Premier Real Estate'
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3
Homeowners Gained $28K in Equity over the Past Year
If you own a home, your net worth has probably gone up a lot over the past year. Bend home prices have been rising, which means you're building equity much faster than you might think. Here's how it works.
Equity is the current value of your home minus what you owe on the loan.
Over the past year, there have still been more people wanting to buy than there are homes available for sale, and that's pushed prices up. That rise in prices has translated directly into increasing equity for homeowners.
How Much Equity Have You Earned over the Past 12 Months?
According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner's equity has g...
2
What To Do When Your House Didn't Sell
If your listing expired and your house didn't sell, it's totally natural to feel a mix of frustration and disappointment. And as you're working through that, you're probably also wondering what went wrong and what you should do next.
If you still need to move and want to get it back on the market, here are some things to consider as you look back.
Was It Priced for Today's Market?
Setting the right price from...
27
Focus on Time in the Bend Real Estate Market, Not Timing the Market
Should you buy a Bend home now or should you wait? That's a big question on many people's minds today. And while what timing is right for you will depend on a lot of other personal factors, here's something you may not have considered.
24
Hike Tumalo Mountain for Stunning Cascade Mountain Views
The Hike to Tumalo Mountain Still Has Snow 6-22-24
After a winter which had good snowfall, hiking into the high Cascades has been delayed due to the snow accumulation. However, the warm days experienced over the past week have aided snow melt. Last Saturday, June 22, 2024, enough snow had melted on Tumalo Mountain to enable hikers to walk the 1450 feet of elevation gain in two miles from the trailhead to the top. It appeared as if half the time the trail was covered by snow, but it was fairly easy to follow the route until the last 1/2 mile; GPS helped navigate this as did microspikes over ice.The hike up Tumalo Mountain is only 2 miles, but the views from the top toward South and Middle Sister, Broken Top, and Mt Bachelor can be spectacular. For those who take the hike early in the day, often the only people at the top are those in your group. Tumalo Mountain is a great way to begin the summer hiking in the Cascades.
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Housing Market Forecast: What's Ahead for the 2nd Half of 2024?
As we move into the second half of 2024, here's what experts say you should expect for home prices, mortgage rates, and home sales.
Home Prices Are Expected To Climb Moderately
Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sour...
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