There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that
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Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in
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The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway to building wealth and narrowing the racial income and wealth
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An interview with Eric Wilson, Broker with RE/MAX Key Properties Broker and Mike Martin, Motto Mortgage Branch Manager, NMLS #296965 In honor of Veteran’s Day, we are highlighting a loan program for veterans, active duty military members and surviving spouses of military killed in combat: the VA home loan. This 100% financing program can be
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One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year increase in home price appreciation: The House Price
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Halloween in Bend, Oregon is one of the most fun times to enjoy your neighborhood. From decorations to parties and trick-or-treating it’s a festive night for families to see their neighbors and have some fun. If you are a Halloween lover on the hunt for a new home, you might want to consider how festive
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RE/MAX Key Properties is excited to announce the purchase of their new Bend headquarters at 42 Greenwood Avenue. The 9,468 square-foot site, formerly home to Cascadia Vehicle Tents, will nearly double the operational space of RE/MAX Key Properties’ current location on Franklin Avenue. When complete, the state-of-the-art facility will provide an elevated experience for brokers
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More Americans are interested in green homes and features. And in Central Oregon, homes with energy efficient features such as solar panels continue to see high demand. Even small upgrades can make a big difference for the earth and for your home’s value. While there is a lot to learn about what exactly a green
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There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle. That
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Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage rates versus price appreciation as you search for