Thinking of selling? By all means call for a 2nd or 3rd opinion because some people don't know WHAT all they're selling! 541-771-8947

Just a handful of homes on today's MLS tour today. Call me if you're shopping. I have 2 in mind that I think are a real deal. 541-771-8947

QUALITY! DOUBLE LOT in gated community, granite, 5 fireplaces, theater, ensuites over 7500 sf....VIEW!, (agent owned) 541-771-8947

MLS 220177455 | Mary P Gemba

Lower mortgage rates may be coming.....

 

Housing Activity Expected to Pick Up in 2024 as Rates Move Lower

Economic Growth Still Predicted to Soften as the Labor Market Shows Signs of Cooling

WASHINGTON, DC – February 23, 2024 – Existing home sales and new single-family housing starts are expected to grow modestly in 2024 amid lower mortgage rates and slowly strengthening homebuyer sentiment, according to the February 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. While housing affordability is still seriously constrained following the home price run-up of the past few years, the supply of existing homes available for sale is finally showing signs of loosening. Additionally, more households have recently signaled that they expect mortgage rates to decline, as evidenced by Fannie Mae’s January 2024 Home Purchase Sentiment Index^®, a newfound optimism that may signal an increased openness to moving. The ESR Group’s latest forecast sees mortgage rates falling to 5.9 percent by the end of 2024 and 5.7 percent by the end of 2025, both slight upticks compared to last month’s forecast. Additionally, it expects single-family starts to trend upward in 2024 despite the pullback this past month, as permits have increased for twelve consecutive months and demand for new homes remains robust.

This estate property is sold AS IS; however it's still subject to a Buyer's Home Inspection and I offer an HOW for my clients....541-771-8947

MLS 220177452 | Mary P Gemba

SUPER BUY in River Rim under $650,000 w 3 beds/ 2 baths OPEN FLOORPLAN , BIG windows COMING SOON 541-771-8947

Close to the mountain (across from Tetherow) and under $1 mil has been used as a 2nd home so feels like new 541-771-8947

MLS 220177340 | Mary P Gemba

Unfinished but CG zoned near MOC and under $500k

MLS 220177348 | Mary P Gemba

LUXURY HOMES may sell as high as 10% more when staged.

 In my LUXURY HOME class, we were told this as well as where do you start and why?

Buyers don't want to feel that you've established your home for yourselves, they want a clean and clear palate so they can imagine THEIR furniture in the home, THEIR way of living in the home.  So.... DECLUTTER!  Make the look more simple.  Certainly paint if it hasn't been done in a few years OR change out that coffee/cognac wall for a brighter shade of white or silver to go with today's look.

Check out what the builders are doing.  They follow the trends.  Go to Open Houses as well.

If you CAN'T afford to put money into your project, at least offer a Home Owner Warranty with the sale.

It covers a lot while you have it listed and covers possible replacements of items should they fail within a year of the sale.

I offer to supply one with a listing.  JUST ask.  541-330-1700 (office)/ 541-771-8947 (cel.)

bendproperties@gmail.com

Remember, the first thing a buyer sees when viewing your listing is the most lasting in their mind.  Make a good first impression as it's most lasting in their mind and the last thing they see when leaving.

Marketing a home SHOULD work best with top-notch photos for one thing.

 I can show you a before and after of the same home with the same price that sold fast after one of my favorite real estate photographers took the photos for the new listing.  Give me a call to go over a marketing plan where you should net more money on your sale.  541-330-1700 (office)/ 541-771-8947 (cel.)

Getting a house ready for sale SHOULD take some care....

 

Improving the Home’s Exterior for a Sale

While many homeowners count on the interior of the home being the primary way to get people’s attention to buy, the exterior of the home is also one of the main factors buyers look at when considering the purchase of a home. Since exterior aesthetics are the first impression people see when looking for a new home to buy, this is should always be considered a vital selling factor. Well-kept homes on the exterior are a signal to buyer’s that shows the homeowner has cared for the overall property not just interior design.

WESTSIDE ! and move-in ready....541-771-8947

MLS 220176067 | Mary P Gemba

Market update....

 

Real Estate Update....

Average Price for Bend

With interest rates staying stubbornly high for longer than we initially anticipated, prices are pretty flat in the Bend area. No big swing in either direction. Sellers are still getting 99% of their asking price while buyers are asking for more inspection repairs rather than lowballing which could drive prices downward. There is a tentative prediction that we may see some rate relief in May which could set us up for a great summer season of buying and selling. Buyers seem to have gotten used to the rates with the knowledge that they will eventually refinance. With three in escrow right now I feel pretty optimistic about the rest of the year. The "pandemic effect" is wearing off and life changes are inspiring people to make moves, in spite of interest rates. I'm looking forward to helping some folks do just that!

Average Sale Price $745,946 $741,243 last month Median Sale Price $670,000 $679,000 last month List vs Sold Price 99% unchanged from last month New Listings 129 77 last month

Super good buy!

MLS 220176301 | Mary P Gemba

Current commercial real estate transactions... (Suprising to me when I read what Warren Buffett thinks will happen with commercial real estate)

 https://cascadebusnews.com/recent-commercial-real-estate-transactions-56/

https://cascadebusnews.com/recent-commercial-real-estate-transactions-56/

Midtown w 3 car garage has great potential in Midtown at $650,000 541-771-8947

MLS 220177101 | Mary P Gemba

Midtown with 3 car garage ! Needs a facelift but WHAT potential at $650k

Rare set-up on Bear Creek WITH COI water...call for showing 541-771-8947 (inquire about an HOW gifted when buying)

MLS 220177029 | Mary P Gemba

Under $500k and easy to show in desirable Hollinshead Park area 541-771-8947

MLS 220176848 | Mary P Gemba

Bend's Best Westside Buy ! Clean w 3 bedrooms/2 baths & Garage !

MLS 220176701 | Mary P Gemba: Awesome location for this single level home. Located in West Bend Village on a corner lot, this location is close to all that makes the west side of Bend cool! Living here you are close to Overturf Park & it's off-leash dog park. The ever-popular Galveston & Century Drive corridors are just a few blocks away. The two covered porches are great for morning coffee or afternoon relaxation. The living area floor plan is light and bright with a gas fireplace in the living room for winter warmth. The primary bedroom features its own bathroom & walk in closet. The patio door off the primary bedroom leads to the fenced back/side yard. There is easy alley access to the 2-car garage.

Bend's Best Buy under our medium price range of $650k (located in desireable Stonebrook!)

MLS 220176690 | Mary P Gemba

Do you have an Air Bnb ?

 I caught wind of a monitor that doesn't invade your guest's privacy and seems pretty cheap for your piece of mind (starting from $10 a month.)

I don't recommend this product or warrant it but just passing along an ad that was thrown at me that I did a little superficial investigating on called  MINUT