Bend's Tillicum Village - Half Acre Lot!

For detailed information: http://TillicumVillageHome.hasson.com/

Anyone looking for a larger lot IN Bend, Oregon? This is a terrific single level home in the cozy neighborhood of Tillicum Village. This home is 2214 square feet, it's a three bedroom home with two and a half bathrooms. It has a large family room with a wood-burning fireplace, large windows and patio access to the back yard area. It has lots of built-ins and it is situated on a half acre lot landscaped lot with sprinkler system. It has a two car garage and a shop area. If this type of home sounds awesome, give me a call! I can best be reached by calling my cell: 541-350-8424.

If you have other real estate needs, I would be happy to assist with those as well or you can visit my site: http://www.bendoregonrealestateplus.com/ for helpful relocating and other real estate info.

Central Oregon Farm - 20 Acres w/ Cascade Mt. Views

Check it out.....

http://www.centraloregonfarm.hasson.com/

Central Oregon Farm and Horse Property in beautiful Bend Oregon. 20 acres with Cascade Mountain Views and a 2590 SF Custom Built 1991 home. Enjoy mountain views from your bedrooms, balcony, family room, surrounding decks and even the kitchen sink! Sip your iced tea overlooking your 2 ponds and your 16 acres of irrigated fields. This traditional home has been updated with slate, granite, & hardwoods. The large bonus room has office built-ins, it could even be set up as a 4th bedroom. This property has a 4-stall barn and is across the street from 600 acres of Parks land to walk and ride. Amenities and features include: 3 Bedrooms, 2 1/2 bath, upstairs laundry room , central vaccuum system, electric forced air system with heat pump, wood stove in family room, propane fireplace in formal living room, triple car garage, and Avion water. This is a traditional Sale as this home has been loved and cared for by it's original owners.

For more information on this beautiful property, contact Bend Oregon Senior Real Estate Specialist, Teri Green by calling 541-350-8424 or greent@hasson.com

I hear CHICKENS are the craze....if you're "READY FOR CHICKENS" this is the place!

Look forward to hearing from you!

Teri Green

Bend Oregon Real Estate PLUS

Tour of Homes Bend Oregon

One of Bend's very fun and completly free events is the Central Oregon Builders Association Tour of Homes. The COBA Tour of Homes 2010 is scheduled for July 16-18 and July 23-25 (Fridays noon-6pm and Saturdays/Sundays 10am-6pm).

Open to the public, you are welcome to walk thru as many of the participating homes as you'd like. Each participating home is newly constructed showcasing many of the hot new building techniques and amenities. A great way to experience for yourself some terrific Bend Oregon Real Estate. The Bend Bulletin provides a complimentary booklet showing detailed information and a map to each home. Look for this booklet on July 14th.

Homes range from under $200K to over $2,000,000. Each home will be judged in a variety of categoties and award winners are announced on July 20th. As many as 75 homes have participated in previous years. We will see what numbers 2010 brings.

Grab your friends and check out the 2010 Tour of Homes!

If you have interest in Bend real estate, sign up for Teri's free New Listing Notification Service or call Teri today with any of your real estate needs or questions! You can also email Teri at greent@hasson.com

Teri is Bend's Senior Real Estate Specialist and will help you find great bargains on quality homes in all of Central Oregon: Bend, Redmond, Sisters, Sunriver, Lapine and Prineville!

To gain instant access to foreclosure bargains right when they hit the market, call Teri at 541.350.8424 or visit http://www.bendoregonrealestateplus.com/

I love what I do and work diligently on behalf of my clients. It would be my honor to apply my diligence, knowledge and experience to your real estate needs. We will both enjoy the results!

Sincerely,

TERI GREEN
Bend Oregon Real Estate - Senior Real Estate Specialist
The Hasson Company
541-350-8424

http://www.bendoregonrealestateplus.com/

Bend Oregon Real Estate Market Trends

If you're a buyer interested in Bend Oregon real estate, these are GREAT days! Mortgage rates are terrific...Prices are hitting bottom...doesn't get better than this! There hasn't been a better time to buy real estate in Central Oregon in a long time. You'll find great bargains on quality homes in all of Central Oregon: Bend, Redmond, Sunriver, Lapine and Prineville!

Current Market Trends

Thank you for allowing me to elaborate on our Central Oregon real estate market trends: There are 1,985 residential properties listed for sale in the Central Oregon MLS at this time. This leaves us with 7.5 months of inventory. Last year at this time, we had 2,645 residential properties listed for sale in the Central Oregon MLS with 12.0 months of inventory to work through. Why is this important to look at? Our real estate market has clearly been defined as a buyer's market since our real estate values peaked in May of 2005. Since that time, property prices have continued to reduce. Anytime a month's of inventory goes under 6 months, the market will most likely be defined as a seller's market. Meaning property prices are starting to go back UP and the seller is more in charge of the selling price of their property. There can be more bidding wars, multiple offers, listing prices increase as a home remains on the market. That has not been our experience recently in Central Oregon or in the nation! With our current months of inventory dropping this year from 11.0 months in January to 7.5 in April, those properties that are listed very competitively are actually experiencing multiple bids and some bidding wars! Wow! But, for those overpriced properties NOT priced competitively, they sit...offer-less and often show-less (if you will).

It seems we are approaching some improvement if you consider the movement of real estate an improvement. Since I'm a real estate broker for The Hasson Company, I'm anxious to see real estate properties MOVE. Not only for me, but for Bend's economic-well-being. It seems that when real estate is healthy, other industries are also enjoying the good health (employment, restaurant sales, car sales, vacation spending, etc.)

One impacting factor locally however is our total of New Notices of Default. During "normal" times, Deschutes County might experience 300 New Notices of Default in a given year. So far this year we have seen 1,437. Again I say, Wow! Although I see "signs" of Central Oregon's general economy improving or changing slightly, until the real estate market stabilizes, this New Notices of Default total and reduces this supply to maybe 500 a year, I don't see our economic pressures letting up for our employed, our employers or our unemployed residents. The good news is that we ARE heading in that direction!

There are many ways to interpret our local market trends. In my world, these are the signs I watch and these are my interpretations. I'm always being asked, "When do you think home values will return?" And, "do you think we have hit the bottom yet?" If you were to look at our home values in a graph form, you will see the huge dropping of values from May of 2007 to now. I believe the general Bend real estate market is "hitting" bottom currently. But I also believe we will continue to bounce in this bottom range until we stabilize our New Notices of Default totals. This could take one year, two years or more. If we had a crystal ball, this recession, this economy, etc. would be much easier to tolerate and decisions would be much easier to make. But, we don't. I will just say that if I had to give an opinion, it is my humble opinion that after we work through the New Notices of Default totals and stabilize that issue, property values will inch up but not quickly...maybe at a rate of 3 to 4% a year. Now does that mean your listed home will increase at that rate? That depends....is your home listed at a competitive and current value price? Or are you still holding on to past value in your mind and expecting this 3 to 4% increase from there? If your home is listed, are you getting multiple showings? Are you processing offers? If not, you must lower your perceived value to a correct and current value and that would be your starting point from which to add this 3-4% increase. Ouch. (I know, I'm sorry.)

Are there positive signs? YES! I see more hiring going on. I see more building taking place and busy contractors. I see more real estate being purchased and I see bidding wars for competitively priced homes. All signs that we WANT to see. We want to see employment and money in our pockets to spend or save providing us with a feeling of security. If you're a buyer, these are GREAT days! Terrific interest rates...it doesn't get better than this! There hasn't been a better time to buy real estate in Central Oregon in a long time. Great bargains on quality homes in all of Central Oregon.

I hope you find this information helpful to your understanding of our current Bend Oregon Real Estate market conditions and trends.

If you're thinking of buying a home in Bend, Redmond, Sisters, Sunriver, Lapine or Prineville, you should sign up for Teri's FREE New Listing Notification Service or call or emtail today! Teri Green is a Senior Real Estate specialist and sells quality homes in Bend, Redmond, Sisters, Sunriver, Lapine, and Prineville, Oregon.

For foreclosure information, Call Teri at (541) 350-8424 or visit www.BendOregonRealEstatePLUS.com

If you have questions about Bend or Bend real estate, call Teri at (541) 350-8424 or Email at greent@hasson.com

OR you can use our FREE MLS Search to search for local real eswtate.

Sincerely,

Teri Green
Bend Oregon Real Estate - Senior Real Estate Specialist
The Hasson Company
(541) 350-8424
www.BendOregonRealEstatePLUS.com

Neighborhood Stabilization Program

Have you heard about the "Neighborhood Stabilization Program" coming soon for Bend Oregon Real Estate Buyers?

The Neighborhood Stabilization Program is bringing Federal money to Deschutes, Crook and Jefferson Counties to help reestablish neighborhoods hit hard by foreclosures. That definitely describes Deschutes County! This is Home Buying help! There is money available to residents who apply and qualify. To qualify, area applicants must earn less than $75,000 for a family of four. Families can apply for the funds and use them for a down payment on a bank-owned, foreclosed property. The down payment can be up to 20% of the purchase price of the home, with a maximum of $35,000.

So let's say you purchased a home for $175,000 in Bend and put $35,000 down. If taxes were around $2,400 and your insurance was about $600 per year, your mortgage payment could be around $1,000 per month. That could possibly be do-able for a family of four in that income level if they were not burdened with other debts.

"The availability of these dollars allows families to establish themselves as permanent members of our community," said Bend Affordable Housing Manager Jim Long. "This is going to help us get a lot of people into homes and also help us to clean up neighborhoods that are full of empty homes." said City Councilor Mark Capell. "It's going to be a very positive program for the community."

If you or someone you know might qualify for this program, give me a call. I'd be happy to help you find a great home and steer you in the right direction to apply for this terrific Home Buying help!

TERI GREEN
Bend Oregon Real Estate PLUS - Senior Real Estate Specialist
The Hasson Company
www.BendOregonRealEstatePLUS.com

Bend Oregon Pole Pedal Paddle 2010

The Pole Pedal Paddle (PPP) in Bend Oregon is a fantastic event! Hats off to whoever came up with this idea! It's a great way to break into Spring! The Bend Oregon Pole Pedal Paddle is a for-fun event or can be taken very seriously; it's for individuals, pairs, or groups. The PPP is for adults, teens or kids with a large variety of categories. It is my absolute favoriote Central Oregon community sporting event of the year! It brings all of Bend plus a slew of others together for an alive, fresh-air, competitive yet fun day.


The first Pole Pedal Paddle event is the alpine ski portion. Skiers begin by running up hill to their skis. Put their skis on and ski to the exchange point near the West Village Lodge passing off to the cross country skier. The cross country skier skis approximately 8 km passing off to the road biker. The road biker pedals from the Nordic Lodge parking area of Bachelor 35 km into Bend along scenic Century Drive where the runner begins the 5 mile course. The runner passes off to the paddlers for the Canoe/Kayak portion. The boaters paddle upstream and downstream near the Healy Bridge on the Deschutes River. The river paddlers pass off to the sprinter who runs along the banks of the river for half a mile to the finish line.


The Bend Oregon Pole Pedal Paddle event date this year is May 15, 2010.


I recruited a PPP team a few years ago and ran the two running legs. This year I'm a sub for the road biking section on one of the Hasson teams. I'm a little nervous but that is what makes it all so alive and fun!


Putting on an event like this requires a well organized crew of volunteers. For further information or to volunteer, call Mt. Bacholor Education Foundation at 541-388-0002.


For full details or to register to particicpate in this event, visit http://www.mbsef.org/. This event benefits the Mt. Bachelor Sports Education Foundation.


If you are in the Central Oregon area any where near Bend, Oregon on May 15th, I consider this a must-see experience. I'll be there. Hope you'll join me!


Teri Green
Bend Oregon Real Estate PLUS - Senior Real Estate Specialist
The Hasson Company
http://www.bendoregonrealestateplus.com/