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This Issue Neighborhood Highlights P.1

Know How To Keep A Secret? P.2 A Personal Invitation P.3

Write It Down! P.4

Neighborhood Highlights

OUR LOCAL REAL ESTATE MARKET SHOWS NO SIGN OF SLOWING IN 2018

The year end numbers are out and Bend continues to trend upward! When 2017 was all said and done, the median sales price of a single-family home in the Bend area moved to $395,000, according to the Beacon Report from Beacon Appraisal Group in Redmond. On sales of homes on under an acre of land in Bend, we saw an increase of 13.42% over 2016.

The December median home price was up 1.2 percent from the November median of $390,000 and up 11 percent over a year ago, when it reached $355,000.

The average number of days homes spent on the market before being sold were 89, compared to 107 days in 2016. Listings sold faster in 2017 however, the total number of transactions in December dropped slightly from 192 in December 2016 to 189 in December 2017.

The median sale price in Redmond was $287,000, which was down 5 percent from November but up nearly 8 percent from December 2016. The median sale price a year ago was $266,000.

The months of inventory based on sold sales in Bend is less than 2.5 months. Bend home prices keep rising and people keep buying. If you’re thinking of listing, it would be advantageous to do it now, before there are more competing homes on the market in the spring. Call us today! We’re experts at marketing your home To Sell!

1537 NE 4th Street, Bend, OR 97701

Ph (541) 728-0995 Fax (541) 728-0965

www.roguerealestate.com

By Rogue Real Estate

Issue 3

February 2018 Central Oregon Edition

PROTECT YOUR INVESTMENT

By: Paula Dodge—Licensed Property Manager

Do you have a rental property being managed

by a property management company? Here

are a few important questions you should ask

yourself to see if your property is being

managed to its fullest:

• Are you at current market rent?

• Do you know what the current market

rent should be?

• Has your property been inspected often

enough?

• Do you hear from your property manage-

ment company too often or not enough?

If you have a property manager, it is important

that you hear from them. Not hearing from

them is not always a good thing. It is

important that they communicate with you

regarding the condition of the home and how

well the home is being cared for by the

tenants.

You don’t want your investment property to

bring down the market value just because it is

a rental property. Your investment property,

if managed well, should not look like the ‘run

down rental’ in the neighborhood.

Spring is right around the corner. Don’t be

shy, talk to your property manager and ask the

important questions. Protect your investment

today.

Feel free to call me with no obligation; I would

love to help 541-923-8222.

Details of This Home on Page 4

USE OUR PROPERTY MANAGEMENT SERVICE

Bend Office 541.728.0995

Redmond Office 541.923.8222

Issue 3

February 2018 Central Oregon Edition By Rogue Real Estate

Details of This Home on Page 4

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495 NE Spruce Ct—Redmond

3 Bd / 2 Ba / 1,414 SF

Close to Parks and Shopping!

1701 SE Karena Ct—Bend

3 Bds/ 2.5 Ba / 1,787 SF

Quiet Cul-de-sac & Walking Trail!

1451 Southside Rd.—Grants Pass

4 Bds / 3 Ba / 2,472 SF / 9.29 Acres

Custom Home on the Applegate River!

22605 SE Rickard Rd—Bend

Nearly 19 Acres - CUP In Place

Incredible Cascade Mountain Views!

1114 SW Deschutes Ave.—Redmond

Duplex—2 Bd / 2 Ba Units

NW Coyner St—Redmond

80 Acre Parcel / Bordered by BLM

Green Fields & Views of Smith Rock!

Call Us for Details

$388,900

$700,000 $492,500

$282,000 $545,000

$434,000

$259,000

HOW TO KEEP A SECRET!

18550 Couch Market Rd—Bend

4 Bds / 3 Ba / 2,676 SF / 9.85 Acres

Cascade Mtn Views—Prime Tumalo Land!

$749,900

By: Peggi Schoning

When you sell your home, will it be the best

kept secret in town? If so, it’s one secret

you’ll be keeping.

One of the most significant factors in

marketing a home is to gain as much visibility

as possible—to expose your home to the

widest selection of potential purchasers. Four

common methods your agent uses are:

(1) placing a For Sale sign in the yard,

(2) holding an Open House, (3) placing it in

the Multiple Listing Service, (4) advertising.

Each method results in more exposure for

your home, and less privacy for your family.

By gaining the attention of many buyers, the

home will more likely sell at full price in a

shorter period of time. Yet, there is a price to

be paid by you and your family as a variety of

interested individuals ask to see your home

on short notice and at the most inconvenient

of times.

As a home seller, explain to family members

the importance of showings and Open

Houses. Ask them to cooperate by keeping

beds made, the kitchen clean and the house

picked up. Unexpected showings on short

notice can result in a sale since the best

buyers are often in a hurry.

Don’t keep your home a secret. Encourage

your Real Estate Broker to gain the maximum

exposure possible with signs, Open Houses,

and as many showings as possible. Then your

home will be one secret you won’t have to

keep!

Call us today if you are thinking about listing

your home. We use very aggressive

marketing strategies that will gain the

maximum exposure for your property to

ensure a faster sale!

A heart is not judged by how much you love,

but by how much you are loved by others.

-Frank Morgan

$349,900

QUOTE OF THE MONTH

3

Call Us for Details

778 S. Wrangler Ct—Sisters

Buildable Lot—.12 Acres

Beautiful Corner Lot—No HOA’s!

578 Highland Meadow Lp—Redmond

Buildable Lot—.33 Acres

Eagle Crest with Smith Rock Views!

SW Maple Ave—Redmond

Large .69 Acre Parcel

Can be R-4 Zoned for SFR, Duplex,

or Multi-Family

4141 NW 91st St.—Redmond

39+ Acre Parcel—CUP In Place

Adjoins BLM Land—Smith Rock Views!

2 Forest Service Rd. 2060—Sisters

243.67 Acres So of Black Butte Ranch

Lots of Privacy—Build Your Dream Home!

62755 Forest Service Rd. 4606—Bend

733.29 Acres of Beautiful Forest

Cascade Mtn Views—West of Shevlin Park!

6241 NW Gray St.—Prineville

Buildable Lot—Almost .25 Acre

Beautiful Views of Lush Valley!

By: Peggi Schoning

When it’s time to sell your home, you may

be tempted to sell without the services of a

professional Real Estate Broker.

The best source of buyers might be people

you already know. So start by making a list.

Write down the names of people you

know personally. Which of them currently

own their own home and which ones

are renting? Next, eliminate all renters

who don’t plan to buy soon, and all

homeowners not planning to sell and buy

another home. How many names are left

on your list?

Next, of the renters who are planning to

buy, identify those looking for a home like

yours, whose employment qualifies them

for a loan on your property. From those

who currently own a home, select the ones

who have already sold their existing

homes, and who have received enough

equity to make a substantial down payment

on your home.

Finally, place the names of only those with

immediate plans to buy and who have the

financial ability to buy your home on a list

by themselves. Now, call them up one-by-

one and invite them to consider your home.

How many will accept? Of those who do

accept, what are your chances of making a

sale?

Before attempting to sell your home alone,

get all the facts. Learn from the experience

of the most qualified Real Estate Brokers

you can find.

To get all your questions answered and the

best representation available, contact The

Rogue Team!

541-728-0995

$109,500 $134,900

$230,000 $340,000

$900,000 $2,995,000

$15,000

More Listings Available At

roguerealestate.com

A PERSONAL INVITATION!

**EXCELLENT VALUE**

52867 Bridge Dr—LaPine

3 Bed/2 Ba/1,344 SF/1.24 Acres/Shop

$153,900

4

754 S. Wrangler Ct.—Sisters

• 3 Bds / 2 Ba / 2,025 SF

• Stone Fireplace

• New Luxury Cabin Nestled in the

Pines!

1537 NE 4th Street, Bend, OR 97701

Ph (541) 728-0995 Fax (541) 728-0965

www.roguerealestate.com

Continued from Pg. 1

By: Peggi Schoning

Imagine sitting in a darkened auditorium with your family. A slide projector begins flashing full color

slides of homes on a movie screen. There are exterior shots, interior views, and, as you watch, a voice

tells you what you are seeing on the screen. Then you are instructed to leave and return in 24 hours.

When you return you are asked to give a detailed description of each home you saw the day before—

from memory.

Would you feel confused? The human mind can absorb only so much detail at one time with any

degree of recall. Yet, if you are planning to buy a home soon, you will be seeing a number of homes and

making a decision, at least partially by recalling the features of your favorite. Can the confusion be

eliminated? Of course it can. Try these ideas when you look at homes.

First, bring along a digital camera to produce photos on the spot. Be sure to get exterior shots, both

front and rear, including the yard. 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 needed repairs.

Be sure you write the address down to coincide with the photos and any notes you may have.

When you finish your tour and return home, go over each home together. It’s a great way to make a

knowledgeable buying decision.

By Peggi Schoning

Do you remember the sayings, “Don’t put

your cart before your horse” or “Which

comes first—the chicken or the egg?” They

have to do with priorities, don’t they, like

deciding which task to accomplish first?

Those same sayings can apply to buying and

selling homes. If you presently own a home

and plan to buy another, which do you do

first? Sell your existing home or buy the new

home? If you sell before you buy, you may

feel that you may be left “out-in-the-cold”

with no place to live. But, on the other hand,

if you buy before you sell, you may end up

owning two homes at once. It has all the

makings of a dilemma, doesn’t it?

Try this solution. First, measure your personal

commitment to purchase another home. If

you are firmly committed to changing your

residence, then ask yourself this question:

“Am I financially able to purchase a second

home while still owning the first one?” If

your answer is “No!”, consider selling your

present home first.

Selling your existing home first will reveal the

solution to the dilemma. First, you have no

“double” financial pressure. Secondly, once

your home has sold, you will know exactly

how much money you have to spend on

another home and when you will need to

move.

However, Central Oregon has been experi-

encing a shortage of available homes on the

market. If you decide to find your next home

before selling your existing home you may

want to change your strategy. You would

want to make sure you can financially

purchase another home before selling your

existing one first, before you even look.

If you find the home of your dreams and “fall

in love” with it, have your Realtor® write up

an offer for you and make sure you include a

reasonable amount of earnest money and a

pre-approval letter from your lender. This

will help secure your position in having your

offer accepted, provided it is an acceptable

purchase price to the seller. Keep in mind,

we are in what is considered to be a “sellers

market.”

For help with either of these strategies, your

first step should be to contact the Rogue

Team and let their years of experience guide

you to make a smart decision and investment

in your future!

$492,500

WRITE IT DOWN!