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Duke Warner Trend Report for August 2019

With Back-to-School activities and the slight shift in weather, it’s starting to look a lot like Fall in our part of the state. In Central Oregon, the active listings remained steady during the month of August. Both Bend and Redmond markets continue to provide great options for potential home buyers. Our market trend report offers valuable insight into last month’s activity and is also a great resource for any upcoming trends we hope to see during the remainder of the month and into October.

September 1st Inventory and August Activity

With 545 active listings as of September 1st, the Bend market has a bounty of wonderful homes for those looking to invest. Both Bend and Redmond’s current listings have one-of-a-kind homes that won’t last long this season. Redmond’s active listings, as of September 1st, showed 211 homes overall. The numbers stayed consistent and encouraging all summer long. As we dive into Fall, we are seeing the combined active listings for Central Oregon at 756.

August was a busy month for the Redmond market, showing 104 homes sold, 128 new homes on the market and 109 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 70. The $225,000 – $325,000 had 47 active listings and the $525,000 & up price range showed 38 active listings.

For Bend, the numbers in August continued to illustrate a thriving and steady market. There were 11 active listings in the $225,000-$325,000 range, 115 in the $325,100-$425,000 range, 120 in the $425,100-$525,000 range and 68 in the $525,100-$625,000 price range. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 100 active homes in the $925,100 & up price range.

In this kind of steadfast market, buyers look for competitive pricing as they consider properties. If you are selling your home and trying to price your property, we encourage you to consult with your trusted Duke Warner Broker for seasoned, expert advice. Our brokers will share their experience, knowledge and excitement while they work for you. Duke brokers know how to price properties according to the market trends and current housing competition. At Duke Warner Realty, we can help you plan, sort out the details and get you started on your home buying or selling journey.

Sold and Pending Listings

Bend had 280 pending homes in July, and 245 in August. These numbers remain consistent and tell us buyers and sellers alike are on the move. For sold listings, there were 243 in July and 252 in August. In Redmond, we saw 100 sold listings in July, and 104 in August. As expected, we continue to see great numbers in the Central Oregon real estate market!

Looking Ahead                

As many of us know and appreciate, Central Oregon is a special place to live. Both Bend and Redmond markets are active and full of options for buyers in all price ranges. As you consider your housing needs, start to plan and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our professional brokers can offer great insights as you navigate your next home experience. Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

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How to Sell a Home With Pets

It can be hard work to sell a home. Even harder is selling a home whose residents had pets. No matter how much we love our furry little friends, it doesn’t change the fact that your home likely sustained some damage as a result of the pet living there. Don’t fret, though! By following a few key tips below, you can have your home looking pet-free in no time.

Deep clean

This should come as a no-brainer. If you are selling your Central Oregon home, it should be deep cleaned prior to any showing no matter what. If pets lived in the home, then the deep cleaning must be prioritized. Strong odors often come about as a result of having pets, so start there when cleaning. This may mean you have to shampoo your carpets, steam your floors and vacuum every square inch of your home. It will all pay off in the end, as your home will be spotless and for once in your life, you might not have to deal with your pet’s shedding hair for a few days.

Clean the yard

If you have an outdoor pet, or a pet that spends time outdoors around your home, there is sure to be a sign they were there. Take an afternoon to pick up any droppings in your yard and tidy up any messes that may have been created as a result of your pet. The difference between a clean yard and a messy one can often be the difference between a home that sells and a home that sits on the market.

Move the pets out (for a little bit)

While you might love your pet immensely, prospective buyers probably won’t. So whenever you show your house to a buyer, make sure to take your pets on a mini vacation to the park or the kennel. It’ll give you an excuse to get yours pets out of the house while also boosting your chances at selling your home. There’s also an endless number of pet-friendly places in Central Oregon, so it shouldn’t be hard to find something to do for a few hours. If you want more tips on showing your home, check out our blog titled “How to Host a Successful Open House.”

 

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Three Reasons to Use a Real Estate Agent When Selling

As everything continues to digitize, from photo albums to travel guides, more and more jobs are becoming obsolete. There’s one job, though, that we know can’t be supplemented by some app. Real estate agents are the lifeblood of real estate, and without them, you could end up buying a Central Oregon home that’s not a fit for you or sell your home for much less than it’s worth. Below are some of the most important reasons to use a real estate agent:

List the right way

No one understands the real estate market better than our Duke Warner real estate agents. In Central Oregon’s real estate market, the agents who have been part of the growing communities in Bend and Redmond have experience and insights that can help you make educated decisions. By working with a real estate agent, you are ensuring that your home lists at the right price based on what fits the market. Don’t try to take on this responsibility on your own, or shell out the job to some online app, because you run the risk of listing your home for much less than it’s worth.

Improve your home’s presentation

With the thousands of homes a real estate agent sees over the course of their career, you can be sure that they know how to best present your home to prospective buyers. It takes more than a quick cleaning of your home to prepare for a viewing, so why not leave the stress of being ready to an experienced and licensed agent that knows what they are doing.

Boost your buyer exposure

There is no better way to boost the exposure of your Central Oregon home than by hiring a real estate agent. They make sure that your home is advertised everywhere, and more importantly, they make sure potential buyers see what you see in your home, which is tough to do on a website. At Duke Warner Realty, our agents pay close attention to the ever-changing market trends and they stay progressive with their marketing techniques. Give us a call or send us an email today and we can get you started on your real estate journey whether you are buying or selling a home.

 

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Duke Warner Trend Report July 2019

Our Central Oregon summertime is starting to wind down and back to school checklists are on the minds of parents and teachers alike. After a busy summer in real estate, numbers show us the market is still busy and thriving in Bend and Redmond. The population growth in Central Oregon continues to support the ongoing trends we are seeing in the market. Active listings remained steady during the month of July. Both Bend and Redmond markets continue to have a great variety of options for potential home buyers. Our market trend report offers valuable insight into last month’s activity, which is a great resource for upcoming trends we hope to see during the remainder of the month and into September.

August 1st Inventory and July Activity

With 533 active listings as of August 1st, the Bend market has a multitude of great homes for those looking to purchase a home. Both Bend and Redmond’s current listings have one-of-a-kind homes that won’t last long in this market. Redmond’s active listings as of August 1st showed 181 homes overall. The numbers have been consistent and encouraging all summer long, showing the combined active listings for Central Oregon at 714.

July was a busy month for the Redmond market, showing 100 homes sold, 122 new homes on the market and 138 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 70. The $225,000 – $325,000 had 55 active listings and the $525,000 & up price range showed 41 active listings.

For Bend, the numbers in July illustrate the steady market. There were 16 active listings in the $225,000-$325,000 range, 116 in the $325,100-$425,000 range, 115 in the $425,100-$525,000 range and 72 in the $525,100-$625,000 price range. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 108 active homes in the $925,100 & up price range.

With the thriving market, buyers look for competitive pricing as they compare properties. If you are selling your home and considering pricing for your property, we encourage you to consult with your trusted Duke Warner Broker for expert advice. Our brokers will share their knowledge and let you know how to price according to the market trends and current housing competition. At Duke Warner Realty, we can help you plan, sort out the details and get you started on your home buying or selling journey.

Sold and Pending Listings

Bend had 247 pending homes in June, and 280 in July. These numbers remain consistent and tell us both buyers and sellers are on the move. For sold listings, there were 236 in June and 243 in July. In Redmond, we saw 106 sold listings in June, and 100 in July. As expected, we continue to see great numbers in the Central Oregon real estate market!

 

Looking Ahead          

As many of us know and appreciate, Central Oregon is a special place to live. Both Bend and Redmond markets are active and full of options for buyers in all price ranges. As you consider your options and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our professional brokers can offer great insights as you navigate your next home experience. Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

 

 

 

 

 

 

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Central Oregon- The Pet-Friendly Place To Be

One of the greatest perks of living in Central Oregon is the seemingly limitless number of places that are pet friendly. So pet-friendly, in fact, that it’s often harder to find a place that isn’t. Despite this neighborly environment, though, it can still be difficult navigating a transition between homes while taking care of your furry friends. Below are some tips and recommendations on where to go when moving into your new Central Oregon home with a pet so you’ll be left satisfied and happy.

Stay

Moving into a new home is stressful enough. Adding a pet into a mix can make it overwhelming. The best option when moving is to send your furry friend on vacation, whether it be to a kennel or a friend’s house. If you’re looking to pamper them, a kennel might be your best bet. Below is our favorite kennel in the Central Oregon area.

Bend Unleashed

Play

One of the best things you can do during moving sounds a little counter-intuitive: take a break. The stress of moving can often be unbearable if you don’t make sure to take some time for yourself during the process. So what should you do with your “me” time? Take your furry friend out to play! Multiple locations along the Deschutes River provide a haven for pets and their owners, not to mention the countless parks scattered throughout the high desert. Below are some of our favorite places to take our furry friends.

Sloux Camp, Riverbend Park, and Overturf Park.  

Eat

While most restaurants in Central Oregon, and Bend especially, are dog-friendly, a few stand out to us for going above and beyond when it comes to caring for our furry companions. Whether it be offering water bowls upon arrival, or even little snacks if your pet is hungry, below are our favorite restaurants to visit if you have a pet in stow.

10 Barrel

McKay Cottage

Deschutes Brewery

 

 

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One-Story or Two-Story Home? Understanding the Benefits

When purchasing a home, there are many house styles to select from, including Victorian, Colonial, ranch, cottage, Spanish revival or bungalow, just to name a few. The style of the house dictates the architectural look of the building as well as the floor plan. You often see ranch, cottage and bungalow homes as one story places, while Victorian, Colonial and Spanish revival homes have two stories.

So which type of house should you get: a one-story or two-story place? Let’s take a look at the benefits of each floor plan so you can decide on which one would be better for your needs.

One-Story Home Benefits

Easier to navigate

Perhaps the biggest benefit to a one-story home is that all the rooms are at the same level. There are no stairs to navigate, which is great for seniors, toddlers and people with disabilities. If you plan to purchase a home where you will age in, take into consideration your future medical and mobility needs.

Simple to maintain

With everything located closer to ground level, maintenance such as painting the siding, washing the windows and making repairs are simpler as you don’t need to be up high on long ladders to reach upper floors. Maintaining mechanical systems such as ductwork, electrical and plumbing may also be easier as you don’t have to run lines going up walls to reach higher levels in the house.

Faster to leave during emergencies

In case of fire or an earthquake, it is easier to exit out windows if the door is blocked since they are at ground-floor level. So long as the window isn’t blocked by obstacles or plants outside, everyone should be able to exit and meet at a designated safe location.

Two-Story Home Benefits

Better Privacy

Bedrooms are usually located on second floors, so you don’t have to worry about anyone walking along the sidewalk and looking into a bedroom while you are changing your clothes. Another story can also be designed to keep private spaces more separate than public rooms, as people can sleep away from the hustle and bustle of living rooms, kitchens, and entertainment rooms that can get loud.

More Yard Space

Unlike a one-story house with all the rooms spread out over a lot, the rooms are stacked onto other floors. This setup can provide more yard space on smaller lots. Having a bigger yard space is ideal for families with children and for people who love outdoor living spaces.

Great Scenic Views

A two-story house allows you to look out over other homes in the neighborhood. So if you live in a location that has splendid scenic views of the mountain, ocean, forest or lake, you can see everything from second-floor windows without dealing with any impediments.

The right floor plan should fit into your present and future needs as well as lifestyle. Consider all the benefits and then reach out to us at Duke Warner Realty, we’d love to help pick the home that you most desire!

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How to Host a Successful Open House

One of the most crucial things to do when selling a home is to host an open house. Whether it’s a newly built home or was lived-in previously, it’s of the utmost importance that it be ready to impress potential buyers. Hosting an open house isn’t just unlocking the front door and setting out some fresh baked goods, though. There are important key steps one must take to ensure that the home is presented in the best way possible. Follow the tips below and your home will be sold in no time!

Declutter

If you were only able to do a single thing in preparation for an open house for your Central Oregon home, decluttering is the move. Buyers no longer want to browse lived-in homes. They want to see a home that is clean, tidy and ready to be moved into in minutes. Only leave out the bare necessities in each room and cram everything else in the garage or in storage.

Get rid of odors

Next on your to-do list should be to sterilize your home of any foreign smells. No two homes smell alike, so any potential buyer walking into your home is going to smell something different from what they’re used to. Instead of banking on hope that your house smells appealing, scrub the floors, shampoo the carpets and air out every room to start fresh. From there, use some sweet-smelling cleaning solutions or bake some cookies in the oven to get your home ready to go.

Improve the curbside appeal

Last, but certainly not least, is improving your home’s curbside appeal. First impressions matter, and if the first thing a potential buyer sees is a dead lawn, poorly maintained landscape and peeling paint, you can bet they won’t return to see the home a second time. Take a day to prepare the front of your home for potential buyers by cleaning up the lawn and landscape. Remember, creating a warm setting with a mat at the front door and setting out some potted plants can do wonders. Nothing gives a home new life like full and colorful plants.

If you make sure to follow these three key tips, your open house will be sure to dazzle any potential buyer that walks through the front door!

 

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Buying A House When You Are Young: Start Saving Money Early

Owning a home when you are 25 years old? Probably sounds like an impossibility since you are just leaving a 4-year college at 21 and have a mountain of student debt, right? All while you are looking for a better-paying job where you can put your new degree to good use. Yet there are people across the country who are purchasing a house early on in their adult lives. It takes hard work and perseverance, yet you can do it if you start saving early and have a plan of action in place. Here are several tips you can use to make your home ownership dreams come true.

Look into an IRA and 401K

It sounds strange to be thinking about retirement planning before getting a high school diploma. Yet many young adults are working part-time jobs at this age and have fewer debts that they have to worry about. So it is an ideal time for an 18-year-old to open an IRA and put away some money. Once they graduate and start a job, they can also begin placing money into a 401k that will give them even more financial stability in the future while they learn the importance of saving early and saving often.

Make Reasonable Sacrifices

You don’t really need to purchase the newest car, pay for the most expensive apartment, or eat the pricey takeout food every single day. There are expenses in your life that can be eliminated or lessened by the money choices we make. Getting an older car, taking public transportation, renting a smaller apartment, and limiting take-out food purchases can help you save more money that can be placed toward a future home purchase. Even simply saving $50 a month can allow you to have an extra $600 a year. Multiply this by 8 years, and you can effectively save up to $4,800 that can be placed toward the down payment of the house.

Buy a Home Within Your Means

One of the biggest problems is that people buy homes that they can’t financially afford. They want the most extravagant house they can get early in age as they believe it is the only house they will ever buy. Yet you have to understand how your salary, debts and home ownership costs can dictate the type of property that you can afford to purchase. Sometimes this means you have to cut back on your expectations and look for lower priced homes with less amenities, even fixer-uppers, to get the right house that fits within your means.

You can own a home as a young adult. By planning early, you can decide on the right path that leads to home ownership based on your particular financial circumstances. Give us a call, any one of our Duke Warner Realty brokers would be happy to walk you through the process of getting started.

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Duke Warner Trend Report June 2019

Summertime is in full swing and the real estate market is as active as ever. With the beautiful weather and a variety of summertime fun to be had, Central Oregon is a great place to invest in real estate and settle down. Active listings continue to remain steady and both Bend and Redmond have quite a few options if you are looking to buy a home. Our trend report offers insight into last month’s activity, which is a great resource for upcoming trends we might see during the rest of July and into August.

July 1st Inventory and June Activity

With 560 active listings as of July 1st, the Bend market offers a variety of great homes for those of you looking to buy a home. Both Bend and Redmond’s current listings have some gems that won’t last long in this market. Redmond’s active listings as of July 1st showed 194 homes overall. The numbers have been consistent and encouraging all year, and this summer is continuing the trend, with the combined active listings for Central Oregon at 754.

June was a busy month for the Redmond market, showing 106 homes sold, 96 new homes on the market and 96 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 75. The $225,000 – $325,000 had 55 active listings and the $525,000 & up price range showed 45 active listings.

For Bend, the numbers in June illustrate the busy market and show us that real estate activity is going strong. There were 11 active listings in the $225,000-$325,000 range, 99 in the $325,100-$425,000 range, 100 in the $425,100-$525,000 range and 51 in the $525,100-$625,000 price range. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 102 active homes in the $925,100 & up price range.

With the thriving market, buyers look for competitive pricing as they compare properties. If you are selling your home and considering pricing for your property, we encourage you to consult with your Duke Warner Broker for educated advice. Our brokers will share their expertise and let you know how to price according to the market trends and current housing competition. At Duke Warner Realty, we can help you plan, sort out the details and get you started on your home buying or selling journey.

Sold and Pending Listings

Bend had 277 pending homes in May, and 247 in June. These numbers remain consistent and tell us buyers and sellers are on the move. For sold listings, there were 232 in May and 236 in June. In Redmond, we saw 105 sold listings in May, and 106 in June. As expected, we continue to see great numbers in the Central Oregon real estate market!

Looking Ahead          

As many of us know and appreciate, Central Oregon is a special place to live. Both Bend and Redmond markets are active and full of options for buyers in all price ranges. As you consider your options and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our professional brokers can offer great insights as you navigate your next home experience. Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

 

 

 

 

 

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3 Simple Summer Decorating Updates for Your New Home

One of the best parts of moving into a new home is having the opportunity to decorate and outfit your home with the latest trends. Some people like to do seasonal updates throughout their home, while others like to stick with a basic décor and supplement with little pops of color here and there. Essentially you have a brand-new canvas to work with when you arrive in your new digs, so the possibilities are endless. Summertime is a perfect season to revamp furniture, add a fresh coat of paint to a room, change the curtains and maybe even incorporate some fresh foliage in different areas of the house.

Paint

A fresh coat of paint gives a room an instant freshness and can even be a pop of color if you decide to just paint one wall. Summertime is a great season to throw a bright color on a wall, match a bit of the décor to the wall color and liven up communal areas where you and your loved ones will be spending the most amount of time this summer. Paint is an easy update that doesn’t cost a fortune and it’s a project that can be completed in a reasonable amount of time.  

Plants or an Herb Garden

An herb garden is a perfect addition to your kitchen because the herbs are readily available for your cooking needs and if potted, you have an instant garden that looks beautiful on your counter top or sink. Plants are also a wonderful addition to any room, bringing the freshness of a living organism and the pop of color to the room, it’s hard to go wrong. The summer lends us a fantastic selection of flowers to choose from and so many people like to have a fresh-cut bouquet in their homes to bring a little outdoor beauty, indoors.

Wall Hangings, Rugs & Accessories

Just like a coat of paint, a rug or wall hanging can completely change the feel of a room. Perhaps you don’t want to spend time painting, but you want a fresh look for the warmer seasons, maybe a splash of color that can be the centerpiece of the room? A new rug or wall hanging can give you the fresh update you are looking for without having to commit to a more permanent update. A little bit of color can go a long way and with rugs, throw pillows and wall hangings, so give it a try and see what works.

Each season brings with it, the chance to enjoy the comforts of home while celebrating the weather outside. Simple décor updates can make your home look and feel brand new and you don’t have to spend a lot of money to do it.