ADUs, or accessory dwelling units, are a hot topic in Bend real estate. And for good reason. As of Jan. 2022, 702 ADU permits have been approved in the City of Bend since 2001. 516 of those permits have been approved in just the past five years. With increased interest in ADUs as a viable

If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers

If you are a first-time homebuyer, now is a great time to be preparing, planning, and learning about the best ways to enter our market. With more homes available to purchase and a slowing in price acceleration, buyers who have felt squeezed the last two years may want to revisit their options. If you’re thinking

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly.

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your

When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings

It’s important to understand the context beyond the headlines BY MIKE MARTIN,  Branch Manager NMLS# 296965, Motto Mortgage Cascades First published in the Source Weekly A topic that’s on most people’s minds today: mortgage rates. That’s understandable. Since fall 2021, we have seen mortgage rates increase significantly. The trend affects homeowners, would-be homeowners, the greater