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CENTRAL OREGON MARKET REPORT - MARCH 8, 2023


16507 Sprague Loop - La Pine

Beautiful 4 bedroom home was built with options in mind! Boasting two master suites, bonus room, ''man cave'' & spacious great room & oversized 2 car garage. Sitting on a quiet and beautifully landscaped acre in a desirable area. Quail Run Golf Course is just around the corner. This home is a must see for those looking to get away from the hustle and bustle or simply upgrade.

 
 

Real estate is a "get rich slow game" and the playing field is ever changing. That's why it's so important to make decisions with your 3-5-10 year strategy in mind. As a prospective buyer in Central Oregon it's almost hard to keep up with how fast things have changed and it must feel like there's never really a perfect time to hop in. I get it. But what is your long term plan?

 

I came across the graph below during a recent conference and thought that it was a great representation of how important home ownership can be for your family to grow wealth. Statistics tell us that those who own their home, on average have a net worth 40x that of someone who is a renter! If you are just starting to consider how you will make your dream of ownership a reality, know that there are several tricks to the trade that can help mitigate the current state of the market and I'm willing to share them all. Give me a ring ;)   - Greg



 

Mortgage Rates Update

 Based off 25% down payment, 797 FICO, low debt-to-income ratios



 

How To Find Real Value And Invest Correctly Right Now

Value investing is always the way to go, but even more important today. Great article reviewing how to invest in great deals in any market.



2 Things Sellers Need To Know This Spring

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.




 

Market Snapshot




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