I was pleased (and I'm sure lots of folks will be surprised) to see that Bend has been included in a new roundup of the American cities most likely to experience home appreciation in 2010. In the article "Where Home Prices are Rising" on CNN's Money.com website, the markets that are projected to
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03/24/2010
Only minor changes in the Tumalo real estate market during February: The number of Active listings, number of pending and closed sales and days on market experienced only a slight shift. Of those, the decrease in inventory (from a 19-month supply in January to an 18-month supply in February) is
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03/16/2010
In February, the real estate sales activity slowed a bit in Sisters -- from 19 pending and closed sales in January to 10 pending and closed sales. No surprise there; there's typically a winter lull in Central Oregon. Meanwhile, the median sales price for Active Single Family Residence listings fe
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03/16/2010
With Daylight Savings Time just around the corner (it's Sunday), Oregon State Fire Marshal Randy Simpson has advised residents to check their smoke alarms as they're resetting their clocks. Take note, however: He didn't recommend that everyone change their batteries. That's because smoke
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03/12/2010
In the past couple of weeks, I've attended several really good classes, two of which addressed different aspects of the foreclosure market. At the first class, Jim Long, Bend's Affordable Housing Manager, discussed a new loan program available in Central Oregon for residents with moderate income
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02/26/2010
When the federal first-time homebuyer tax credit was first announced back in 2008, it got a lot of attention -- even though the "credit" of up to $7,500 was actually an interest-free loan. So did the new and improved version rolled out last year, which was redubbed the "Homebuyer Tax Credit" (it
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02/25/2010
After several months of positive market shifts (decreasing inventory and fewer days on market), Tumalo started the new year by experiencing increases in both inventory (from 61 Active RW listings in December to 70 in January) and days on market (from 248 days in December to 254 in January). S
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02/16/2010
Sisters started the year off well, with an increase in sales activity -- from 14 pending and closed sales in December to 19 pending and closed sales in January. Meanwhile, after trending down for several months, the median sales price for Active Single Family Residence listings rose a bit
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02/16/2010
The national economic crisis combined with the dramatic downturn in our local real estate market has proven to be an extremely challenging combination for a lot of us. Property values are down, the lending industry is in upheaval and the continued economic slowdown has wreaked havoc with our savi
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02/08/2010
Unlike much of Central Oregon, traditional sales continue to dominate the Sisters real estate market. Here's the latest breakdown, as of Jan. 26, 2010: Of the 171 Active Residential listings (including townhomes, condominiums, single family residences, and homes on acreage), 82 percent are tradit
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01/26/2010