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March Update

It is March and Spring is rapidly approaching! Brooke is excited for warmer dog walks and gardening and Mark is excited about the upcoming golf season. It is typically our busiest time of year for real estate too! Will that be the case this year? The market is thawing out because we can predict what is going to happen for the next 3-6 months. The Feds are saying they aren’t ready to lower rates but do plan to keep them steady. When we don’t know what’s going to happen with rates, inflation, etc. it creates a frozen market to operate in. This is one of the reasons why 2023 was one of the slowest real estate years since the 90’s. Now we are seeing a bounce back because we have reason to believe that rates will drop this year and even more in 2025. As always, I’m here to talk about real estate and answer any questions you have about the market.  

Check out our new listing!

Just Listed on the golf course in Awbrey Glen

Offered at $1,650,000

3334 NW Braid Dr. Bend, OR 97703

Welcome to Awbrey Glen! This private, 3871 sqft, custom-built home sits on the 11th hole of the golf course. Cozy up by the Montana Red Rock raised hearth fireplace in the spacious living room. The kitchen, complete with a center island and stainless steel appliances is a chef’s delight. In addition to the primary suite being on the main level, there are two other bedrooms and bathrooms, a den, and a breakfast nook. Need extra space? The separate guest quarters downstairs boast a huge media/game room with a wet bar. This elegant Awbrey Glen residence is close to the tennis courts, Bunny Lake pond, and the driving range. Experience golf course views and natural beauty in this well-crafted home.


Check Out our Recent Activity


Want more information?  Click the links below:

St. Patricks Day at Monkless Brasserie

St. Pattie’s Day with Use’Ta Do – Live Music at River’s Place

St. Patricks Day Dash at the Old Mill

Now that we are back in our house, Brooke is excited to start prepping for gardening season! It’s time for planning, maintenance and cleanup, fertilizing, planting seeds indoors or in a greenhouse, and pest management. Here is some information from the OSU Extension in Bend. Gardening is tough in Central Oregon, we need all of the help we can get!

Great News for Buyers!

Adam Ross, loan officer for Select Lending Services has shared some exciting news!

 The lender-paid 1-0 temporary rate buydown 

This program provides significant savings for the first year of your mortgage. 

Interest rate reduction of 1 point for the first year of the loan paid for by Select Lending Services!!!

Available for all purchases going into contract now & closing by June 30

The advantage is twofold: 1 – No $ out of pocket for you to lower your interest rate, 2 – Stronger offers without having to ask for seller credit 

Actual savings on a $700k purchase w/ 20% down : 7% ($3726 Principal & Interest) -> 6% ($3357 Principal & Interest) = $369/month in savings or $4428 total

Interest rates are at a 3-week low but the downward trend is modest with rates still hovering around 7% 

Let us know if you have any questions or would like us to connect you with Adam!


Cheers,

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