Anticipating MPA: Update on Oregon's Foreclosure Prevention Program - 11/18/10 05:20 PM
Struggling homeowners in Central Oregon, remember this date: Dec. 10. That's when the Oregon Housing and Community Services (OHCS) will begin accepting applications for its new $100 million Mortgage Payment Assistance (MPA) program. The program is part of the Oregon Homeownership Stabilization Initiative (OHSI), Oregon's new foreclosure prevention program. Its goal is to help at least 5,000 homeowners in Oregon pay their mortgages for up to one year, or $20,000, whichever comes first. To qualify, a homeowner's household income cannot be equal to or more than 120 percent of state median income and the homeowner must be unemployed or have a verifiable loss in income … (0 comments)

Wordless Wednesday: Which of These Does Not Belong? - 11/17/10 01:46 PM

Original photograph of the metal horse sculpture at the Lazy Z Ranch near Sisters, Oregon,  taken by Lisa Broadwater, Broker, GRI; RE/MAX Town & Country Realty, 178 S. Elm, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.
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Tumalo, Oregon Real Estate Market Snapshot for October 2010 - 11/13/10 06:58 PM
The median sales price of Active listings in Tumalo decreased a bit in October, to $680,000 --after experiencing a sharp increase in September (from $650,000 to $699,000). That's still significantly higher than summer's median list price ($650,000) and probably much higher than is likely to move many of these listings -- the median price for the 56 Residential with Acreage listings that sold in Tumalo as of Oct. 31 is $340,625.
That low number (which will probably come as a shock to a lot of Tumalo sellers) reflects the fact that 23 of the 56 sales -- more than 40 percent … (0 comments)

Sisters, Oregon Real Estate Market Snapshot for October 2010 - 11/13/10 06:43 PM
Last month, the Sisters real estate market saw very little change -- from the previous month or the previous October. Which is a good thing, in many ways. Some areas of the country saw a downturn in October, but for the second month in a row, Sisters matched June's sales peak of 16 Closed sales. Like September, the number of Active listings decreased (from 192 to 174 listings). In October 2009, there were 180 Active listings.
After experiencing a seasonal increase, the median sales price of Active Single Family Residences decreased in October (from $469,500 in September to $450,000). However, like September, that number … (0 comments)

Speechless Sunday: Sunday Drivers - 11/07/10 06:21 PM

 

 
I ran across a couple of real characters this week... 
Original photograph by Lisa Broadwater, Broker, GRI; RE/MAX Town & Country Realty, 178 S. Elm, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.
 
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How to Appeal Your Central Oregon Property Taxes (and why it might be worth your while) - 11/01/10 05:58 PM
With the dramatic downtown in property values in Central Oregon, more and more homeowners are concerned about the effect -- or lack thereof - on their property taxes. Many, however, don't even realize that it's possible to appeal your taxes -- much less that the process is fairly simple.
Trying to explain the process by which your property taxes are calculated, on the other hand, is anything but simple. In fact, because of Oregon's unique tax initiative process (Measure 5 and Measures 47 and 50), it's next to impossible. To get a sense of just how convoluted Oregon's taxation process is, just try to … (0 comments)

 
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Lisa Broadwater, GRI, CDPE Central Oregon Real Estate - Sisters, Tumalo, Bend & Redmond

Bend, OR

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Alpine Real Estate

Office Phone: (541) 388-1600

Cell Phone: (541) 480-0987

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Random thoughts on life in Central Oregon; news & views on the local real estate market, horse community, arts scene & other stuff.


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