Posts in category 'Bend Real Estate General Information'
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19
You Could Use Some of Your Equity To Give Your Children the Gift of Home
If you're a homeowner, chances are you've built up a lot of wealth – just by living in your house and watching its value grow over time. And that equity? It's something that could help change your child's life.
Since affordability is still a challenge, a lot of first-time buyers are struggling to buy a home in today's market. Even if they have a stable job and a solid plan, buying can still feel out of reach. But that's where your equity could make all the difference.
To give you an idea, the average homeowner with a mortgage has
13
Bend Premier Real Estate | May 2025 Newsletter
What's in the March 2025 Bend Premier Newsletter?
- Bend Home Inventory Up With Closings Down
- Dutch Baby Pancake
- Outdoor Furniture Revival: How to Clean, Restore and Prep for Patio Season
- Alder Springs Hike in Central Oregon
- You Finally Have More Options for Your Move
6
Stocks May Be Volatile, but Home Values Aren't
With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you've been watching your 401(k) or investments lately, chances are you've felt that pit in your stomach. One day it's up. The next day, it's not. And that may make you feel a little worried about your finances.
But here's the thing you need to remember if you're a homeowner. According to Investopedia:
"Traditionally, stocks have been far more volatile than real estate. That's not to say that real estate prices aren't ever volatile—the years around the 2007 to 2008 financial crisis are just one memorable example—but stocks are more prone to large value swings."
While your stocks or 401(k) might see a lot of highs and lows, home values are much less volatile.
A Drop in the Stock Market Doesn't Mean a Crash in Home Prices
Take a l...
28
Paused Your Moving Plans? Here's Why It's Time To Hit Play Again
It's not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren't great.
Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it really hard to find a home you loved – and could afford. And why sell if you're not sure where you're going to go?
But here's the thing: the market's shifting. And it might be time to hit play again.
The Inventory Sweet Spot
More homeowners are jumping back into their search to make a move this year. Builders are finishing more homes. And together, that's creating more options for you when you move – maybe even the home you've been waiting for.
More homes = more possibilities.
23
What's Your Bend House Worth Now? The Answer May Surprise You
Let's talk about something you might not check nearly as often as your bank account – and that's how much your home is worth. But when it comes to your financial situation, it's an important thing to remember. When's the last time you had a professional show you the value of your home?
Think about it. For most people, your house is probably the biggest asset you have. And if you've owned your home for a few years (or longer), chances are it's been quietly building wealth for you in the background. And honestly? You might be surprised by just how much.
What Is Home Equity?
This wealth you may not even realize you have comes in the form of
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