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Issue 28By Rogue Real EstateMarch 2020Central Oregon EditionThis IssueNeighborhood HighlightsWrite It DownKnow How To Keep A Secret?Spring Real Estate MarketHome And The Honey BeeRogue RentalsEvents And TraditionsQuotes Of The IrishP.1P.2P.3P.4P.5P.6P.7P.8REASONSTO LISTNOWHowBESTTo AvoidA GenderGapWhenInvesting In The Housing MarketBy: Peggi SchoningDetails of This Property on Page 5Neighborhood HighlightsLOCAL STATISTICSThe selling season is in full force in Central Oregon! There are plenty of buyers out therelooking for homes and so few of them on the market for sale. If you are considering sellingyour home, you may be in a position to obtain multiple offers if you list now. It’s a great timeto sell—It’s a great time to buy! Call a Rogue agent today to get started!Figures now on Bend single family homes on less than an acre compared with last year at thistime are as follows: Homes for sale—down— 29% to 369 Homes sold—up—7.2% to 163 Homes pending—up—21.2% to 217 The average price per square foot for sold homes—up—11.2% to 278 The average active price—down—2.6% to 849,000 The average sold price—up—17.98% to 606,000 There are only 2.3 months of inventory currently on the Bend market!1537 NE 4th Street, Bend, OR 97701Ph (541) 728-0995 Fax (541) 728-0965www.roguerealestate.comWhen buying a home we all want to feel likewe’re making the right decision, paying a fairprice, and making the best investment of ourlives. According to a recent gender-based study,men and women can unknowingly walk awaywith very different financial outcomes when thedeal closes. Thankfully, if you follow some simpleways to arm yourself with the information youneed to prepare in advance, you’re more likely tofeel like you’ve won when the keys to your newhouse are in your pocket.According to recent studies, when single womeninvest in the housing market, they’re generallylosing out compared to their male counterparts.The report explains, “We find that single menearn one percentage point higher unleveredreturns per year on housing investment relativeto single women. The gender gap grows significantly larger after adjusting for mortgage borrowing: men earn six percentage points higherlevered returns per year relative to women. Dataon repeat sales reveal that women buy the sameproperty for approximately 2% more and sell for2% less.”Women are losing about 1,370 per year relativeto men because they tend to buy the same houseat a higher price and sell for a lower price. In thegrand scheme of things, 1,370 a year could be asmuch as an entire month’s mortgage payment formany households in the United States.Continued on Page 4USE OUR PROPERTYMANAGEMENT SERVICEBend Office541.728.0995Redmond Office541.923.82221

Call Us for DetailsWRITE IT DOWNBy: Peggi Schoning 434,000 388,900 434,0001701 SE Karena Ct—Bend3 Bds/ 2.5 Ba / 1,787 SFQuiet Cul-de-sac & Walking Trail! 537,3001105 NW Lexington Ave—Bend2 Bds / 1 Bath / 1128 SqFt / .07 Acres2019 Complete Remodel!In the Heart of the West Side! 549,0003751 SW Xero Way—Redmond3 Bdrm / 2.5 Ba / 2892 SFMountain Views—Corner Lot! 190,000529 NW 17th St—Redmond3 Bds / 2 Ba / 1,232 SFFenced Yard—Close to Shopping! 2,850,00016488 Wilt Rd—Sisters5 Bds / 5 Ba / 6,613 SF160 Pristine Acres w/Mountain Views! 545,000NW Coyner St—Redmond80 Acre Parcel / Bordered by BLMGreen Fields & Views of Smith Rock!Imagine sitting in a darkened auditorium withyour family. A slide projector begins flashing fullcolor slides of homes on a movie screen. Thereare exterior shots, interior views, and, as youwatch, a voice tells you what you are seeing onthe screen. Then you are instructed to leave andreturn in 24 hours. When you return you areasked to give a detailed description of each homeyou saw the day before—from memory.Would you feel confused? The human mind canabsorb only so much detail at one time with anydegree of recall. Yet, if you are planning to buy ahome soon, you will be seeing a number ofhomes and making a decision, at least partially byrecalling the features of your favorite. Can theconfusion be eliminated? Of course it can. Trythese ideas when you look at homes.First, take photos on the spot. Be sure to getexterior shots, both front and rear, including theyard. Inside, take photos of rooms with significant features, and be sure to include the kitchen.While in the home, take notes on color schemes,questions you want answered and neededrepairs. Be sure you write the address down tocoincide with the photos and any notes you mayhave.When you finish your tour and return home, goover each home together. It’s a great way tomake a knowledgeable buying decision.QUOTE OF THE MONTHYou cannot climb the ladder of successdressed in the costume of failure-Zig Ziglar2

KNOW HOW TOKEEP A SECRET?Call Us for DetailsBy: Peggi SchoningWhen you sell your home, will it be the best keptsecret in town? If so, it’s one secret you’ll bekeeping.One of the most significant factors in marketinga home is to gain as much visibility as possible—to expose your home to the widest selection ofpotential purchasers. 465,000 59,900Four common methodsyour agent uses are: (1) placing a For Sale sign inthe yard, (2) holding an Open House, (3) placing80906 Shadybrook Rd—Tygh Valley3 Bdrm / 2 Ba / 1440 SF / 16.68 AcresTexas Circle—Prineville5.21 Acre Parcel—Upscale Community!it in the Multiple Listing Service, (4) advertising.Each method results in more exposure for yourhome, and less privacy for your family.By gaining67474the attentionof many buyers, theTrout Ln—Bendhomewill /moreat fulla short5 Bdrm3.5 likelyBa / sell2987SF /price9.92in Acresperiod of time. Yet, there is a price to be paid byyou and your family as a variety of interestedindividuals ask to see your home on short noticeand at the most inconvenient of times.As a home seller, explain to family members theimportance of showings and open houses. Askthem to cooperate by keeping beds made, the 39,500kitchen clean and the house picked up. Unex-SE Winchester Way—Prineville2.26 Acre Lot—Close to Prineville Reservoirpected showings on short notice can result in aBuild Your Dream Home!Don’t keep your home a secret. Encourage yoursale since the best buyers are often in a hurry.Real Estate Broker to gain the maximumexposure possible with signs, Open Houses, andas many showings as possible. Then your homewill be one secret you won’t have to keep!Call a Rogue Realtor today if you are thinkingabout listing your home. We use very aggressivemarketing strategies that will gain the maximumexposure for your property to ensure a faster 319,90025352 Alpine Lane—Alfalfa, OR39 Acre Parcel of Buildable LandIncredible Cascade & Ochoco Mountain Views! 2,995,000 769,000365 SE Reed Market Rd—BendNearly 2 Acre Lot—Zoned RMLess Than 700 Ft From 3rd Stsale!(541) 728-099525352 Alpine Lane—Alfalfa80 Acre—Buildable Lot w/ Existing Barn360 Degree View of Cascade Range & OchocosBorders Public LandsMore Listings Available At 549,000roguerealestate.com3

THE SPRING REAL ESTATE MARKETIS HERE—ARE YOUREADY?Call Us for DetailsBy: Peggi SchoningWhich month do you think most people who areconsidering buying a home actually start theirsearch? If you’re like most of us, you probablythink the surge happens in the spring, likely inApril. Not anymore. According to new research,the search begins at the beginning of the year!So what does that mean? The busiest season inreal estate has already begun. 359,900 389,9002945 Yew Park Ln—Redmond3 Bed / 2.5 Ba / 2010 SFLike New Pahlisch Home!1375 Highland View Lp—Redmond3 Bed / 2 Ba / 1871 SFFully Furnished—Move-In Ready!HOW TO AVOID A GENDER GAP WHENINVESTING IN THE HOUSING MARKETWith the reality of fewer homes on the market inthe winter, and that supply naturally increases aswe head to the spring and summer markets,waiting for more competition to list in your neighborhood this year might put you behind thecurve. Perhaps now is the time to jump into themarket.Continued from Page 1How can you make sure this doesn’t happento you?1.Work with a Trusted Real Estate AgentYou need someone on your side who’s goingto have your best interest in mind and supportyour unique homeownership goals. You needsomeone who’s going to tell you the truth, notjust what they think you want to hear. 327,600624 Sage Country Ct—Redmond2 Bds / 2 Ba / 1419 SF / .07 AcresSingle Level in Eagle Crest!2.- Helen Keller 17,0005200 Flamingo Dr—Beatty11.08 Ac Lot/Klamath Falls Forest Estates! 199,900786 SE Idlewood St—Prineville2 Bdrm / 1 Ba / 960 SF / .20 AcresIn-Town Location—Fenced & RV Parking!If you work just for the money, you’ll never makeit, but if you love what you’re doing and alwaysput the customer first, success will be yours.- Ray KrocUnderstand the Homebuying ProcessKnow the key homebuying steps in advance,so you have the best context for how theprocess works from pre-approval to budgeting, inspections, and more. Have a pricerange in mind that you can realistically affordso you’re ready to make an offer that positionsyou for success. Ask your agent questionsalong the way and partner together so youfeel confident and prepared at every turn.3.There is a lot of speculation in the market aboutwhy the search for a home is shifting to an earlierstart. The one thing we do know is if you’rethinking about buying or selling a home this year,the earlier you get started, the better.Reminder: When should you sell something?When there is less of that item for sale and thegreatest number of buyers are in the market.That’s exactly what is happening in real estateright now.Bottom LineThe new spring market for real estate is underway. If you’re considering buying or selling,let’s connect, so you have the advantage in thiscompetitive market.Call a Rogue Realtor Today! (541) 728-0995Research the Current MarketMake sure you know the current trends andinsights of the housing market as well. Whenyou find a home that’s the perfect fit, determine what other homes are selling for in theneighborhood. These numbers can vary overtime based on market conditions such asinventory, appreciation and many other economic factors. A great agent will provide youwith this information and guide you throughevery step from start to finish.Interesting Real Estate Facts: 78% of home buyers say neighborhoodquality is more important than home size 12 million US homeowners spend morethan half of their income on theirmortgage payment The average real estate market lifecycle—involving a pendulum swing from a sellermarket to a buyer market and backagain—is 10-16 years. 32% of investment property owners arecurrently renting or are planning to renttheir homes as short-term vacation rentals. By 2025, Millennials are expected to formmore than 20 million new households.Bottom LineWhen you have a trusted advisor on your sideand you’re confident you know exactly what’shappening in the market, you’ll be in a greatposition to negotiate effectively.More Listings Available Atroguerealestate.com4