My Blog

Message From Prudential Northwest Properties CEO and President

5/6/2011

Message below provided by Bert Waugh Jr. President, Owner and CEO of Prudential Northwest Properties

Good Morning!!

Freddie Mac forecasts a 5 percent increase in 2011 home sales over 2010, according to its U.S. Economic and Housing Market Outlook for April.

Quote of the day: 

Plan Purposefully. Prepare Properly. Proceed Positively. Pursue Persistently.

Have a great day.

Bert   

How Is The Market In Sunriver

5/4/2011

The Sunriver real estate market takes a turn for the better! Sunriver Real Estate Market Update

Main Entrance To Sunriver

The Sunriver real estate market is changing for the better. Changing for the better doesnt necessarily mean we have reached the bottom of the market, nor does it mean the worst is over.

The change is for the better because some key statistics support the thought that the market is beginning to slowly correct itself.

Maybe the most telling stat to support a correction in the Sunriver real estate market is Days On Market, or DOM. From 1/1/2010 through 4/26/2010 the DOM for sold property in Sunriver was 367, thats over a year! For the same time period in 2011 the DOM was 269, a decrease of nearly 100 days.

Another telling stat is price per square foot, or PPSQFT of sold propertyin Sunriver. From 1/1/2011 through 4/26/2011 the PPSQFT was $194. For the same time period in 2010 the number was $199. The PPSQFT during the same time frame in 2009 was $228. The PPSQFT has certainly declined. However, there has been a major reduction in how drastically the number has dropped. A great sign the market is correcting itself and that the bottom may be near.

This market update was first printed in my monthly newsletter. If you want to receive my newsletter, send me a email or give me a call and Ill set you up!

email: khoak@prunw.com cell: 541-639-7760

Sunriver Real Estate Information Find Out In DIAL, Deschutes County Property Search

5/3/2011

Find out information for specific properties within Deschutes County. Sunriver and Central Oregon County Property Records

If you have interest in a specific property here in Deschutes County (Sunriver, LaPine, Redmond, Bend, etc) you can find lots of information if you know where to look. The county maintains a website that allows the general public to find out a properties Square Footage, Last Sale Price, Year Sold, Property Permits, Acreage, Bedrooms, Baths etc The county warns property searchers that the information is generally accurate but not guaranteed (see website). The below text was taken directly from the counties website and is meant to give a brief or general idea of what and how the website aims to provide.

The DIAL application allows you to research extensive information on Deschutes County properties. Through the Countys DIAL application you can search for various properties by address, by taxlot number and by other search criteria. Property tax assessment information, appraisal information, information on prior sales, land use permits, and other information are available. DIAL was developed to provide convenient access to property data. Using DIAL, users have access to data that previously had to be obtained from visits to County offices. Now an individual can gather property information without leaving their desk.

-Excerpt taken from the Deschutes County D.I.A.L. website

Visit Deschutes County Property Records website here http://www.deschutes.org/index.cfm?objectid=839F0FDC-BDBD-57C1-91F790A7B18226FD

The Sunriver Railroad Tracks - Agreat Value

4/27/2011

8 Reasons To Own Real Estate In Sunriver Near The Train Tracks

Choo Choo, all aboard the Sunriver real estate express When it comes to real estate in Sunriver, near the train tracks, a lot of upside exists! Ive personally spoken to quite a few individuals that live in Sunriver or are interested in buying homes in Sunriver and they have a positive feeling about living near the railroad tracks. Some homeowners and prospective buyers have even expressed a desire or preference to live close to the tracks as opposed to near some of the busier roads that wind through Sunrivers 3,300 plus acres. So without further delay, here are the top 8 reasons to own real estate in Sunriver near the train tracks

  1. Homeowners whom already live near the tracks report having seen Barnum and Bailey Circus Train Cars roll through Central Oregon! You dont have the oppurtunity to see that every day. 
  2. Worried about some noise? The tracks are continuous (or silent) and you dont hear the click clack click clack
  3. It often represents the best value (deal) and most affordable real estate in beautiful Sunriver, Oregon.
  4. Nostalgic, reminds folks of a simpler time. Some people find the sound of a train soothing taking them back to memories of childhood.
  5. If you have interest in trains or are a train hobbyist, its prime real estate.
  6. Trains come through 4-6 times a day verses a busy road where traffic is constant.
  7. The train whistle doesnt blow! The only time the whistle blows is if something is on the tracks, such as wild life and children. So grab your camera and go take a look, you might find a great photo oppurtunity.
  8. Trains and their cargo are a good pulse of the economy. What you see on the train, such as lumber, oil tankers, new cars, equipment, etc can be telling.

Help Deciding What Type Of Carpet To Place In Your Home

4/26/2011

Typically, when carpet is chosen for a home there are only a few main factors involved in the decision, Price, Look, and Feel. Often, the carpet looks great for a time, but in the end may not hold up. A more careful decision making process along with some research can alleviate such an occurrence. Here are some things to consider when buying and installing carpet.


Fiber
-Nothing affects a carpets longevity like the material used in making the carpet. Consider these different types of carpet fibers

  • Nylon-Plesant feel, relatively durable, holds color well. Is somewhat stain prone, consider using a stain resistant treatment to the carpet. Price $8-$30 per square yard.
  • Olefin aka Polypropylene-Extremely strong and stain resistant. However it lacks the luxurious fell most homeowners desire. May work well in a nightly vacation rental application. Price $8-$25 per square yard.
  • Polyester-Thick, soft, and luxurious. Also holds color well and sometimes made with recycled plastic bottles. It is prone to crushing. $10-$15 per square yard.
  • Triexta-Subclass of Polyester, made only by DuPont. It has gained popularity with carpet purchasers. It is softer and more stain resistant than Nylon. $18-$30 per square yard.
  • Wool-Luxurious and Dense to the Touch, takes dyes very well. Good stain resistence, yet high priced. $40-$100 per square yard.

Style-Choose from loop, or cut pile. Cut pile carpeting is typically softer, while loop carpeting usually offers better durability.

Quality-A major factor in quality is carpet density. You can evaluate density by looking, pressing your palm into the carpet, or pressing your thumb into the carpet in order to observe the so called bald spot. The smaller the bald spot the better.

Other factors to consider Padding ranges from between $4 and $10 dollars per square yard. It can make a significant difference in the durability and feel of the carpet. Ensure that the padding brought on the day of installation is the padding you desire and ordered. Usually, padding will be tagged with the weight or grade of the padding. Ensure that installers do not cut corners by using old tack strips etc Also, check the bare flooring where the carpet is to be installed, it should not have any signs of mold or mildew, if the flooring does show signs of problems, fix those issues before carpet install. 

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