There are a couple of articles in the Wall Street Journal this month that seemed to think that we were at, or very near, the bottom of the real-estate cycle.  We mentioned one of those articles last week (Has Central Oregon’s Housing Slump Reached a Bottom?). Typically at the bottom, you can notice a high number of investors getting in, which seems to be happening now. Only time will tell. Here is the second article from May 6th:

The Housing Crisis Is Over

By CYRIL MOULLE-BERTEAUX

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What feature would you want in a home if you could have anything you desired?

Because we strive to include new and innovative features in our homes, we are looking for your ideas. This is our online suggestion box. A few of the features we have included in past homes have been; Ipod docking stations, built-in speakers in living areas, outdoor fireplaces and green built homes and products. Recently, an article written for HGTV’s website commented on todays trends. Read it here.

Agree? Disagree? We want to hear.

Popularity: 6% [?]

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With today’s real estate market conditions, now is a great time to buy and trade up! “What?” you may say. But when it comes to buying and selling homes, I always suggest people look at the big picture when it comes to trading up. Okay, you may not get a dreamy windfall of cash you would like for the house you are selling, but if you have equity in your current house you can use that as a down payment on a better house. And if you need a better house (one that’s bigger, nicer finishes, different neighborhood, more energy-efficient or whatever), you would be crazy not to upgrade now. You have an outstanding selection to choose from and waiting will only cost you more in the long term. Think about it.

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So you’ve purchased a new home (let’s hope from us!). You’re in no doubt some sort of situation like this:

• Just married… so you have two of everything
• Moving in but still have all of that stuff you collected in college
• A hybrid of these two situations

So now that you have a brand new shiny place… you want to decorate it! However, with a “recession” looming, you don’t want to break the bank to decorate your new place.

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In the last 2 weeks we sold 4 houses with a total of 6 offers. What’s going on with Bend’s real estate market? There is a foot of snow on the ground, and in some places even more? I think that the interest rate reduction has really started to nudge people to get off the fence and make a decision. The fed has said that they will not keep rates low for long due to the threat of inflation. Therefore, the window of opportunity to buy with these low interest rates may be small.

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