REAL ESTATE NEWS | AUGUST 2023

a beautiful river surrounded by trees under the blue skies

Photo: fun on the Deschutes River by 16166 Mountain Goat Lane

It's hard not to think about the tragic fire in Lahaina so I included a link to the Red Cross in case you'd like to donate to relief efforts. With smoke and fires settling into OR, CA, WA and elsewhere, it's a reminder to be fire ready in and around our homes. Now onto brighter things with the impressive scope of Bend's Park & Rec projects, home price upward trends, a fabulous agent joining Avenir, and upcoming events offered to Avenir Realty clients, friends & family.

Bend Park & Rec Capital Improvements: $64,000,000+ for 2024-2028!

Funds for Parks, Trails, Arts, River Access & More come from:

- 69% SDCs*

- 28% Property Taxes

- 3% Alternative Sources**

I'm proud that Bend remains committed to superior outdoor quality of life for all residents & visitors. Click the Capital Improvement Plan at left for project details.

* System Development Charges which are (hefty) fees on all new construction

**Grants, contributions & partnerships

Cumulative Monthly Home Price Changes Relative to the Prior Peak

After hitting rock bottom in early 2011, prices have steadily climbed with just a few blips which coincide with mortgage rate increases. Nationwide, prices are on track to appreciate 5.8% in 2023* and with Bend's lack of inventory and continued demand I feel we'll see a higher average price increase.

*source: Black Knight’s Home Price Index

Your Questions, Answered:

Q: Is Bend expanding so much it's at risk of urban sprawl?

A: Bend follows Oregon's strict Urban Growth Boundary (UGB) mandates to grow up before growing out, and it took over 10 years to get approval to expand into new buildable land. Other zoning changes include greater flexibility to add ADUs or multiplex units within previous single family home-only zoning (RS), so this helps accommodate our increasing population without urban sprawl into the forests.

Q: Send me your questions and as always I'm happy to provide you more detailed responses via email or a phone call!

I'm so excited to introduce Traci Engel, the newest Broker at Avenir Realty. Traci has a very impressive background as a paralegal in Southern CA, then relocated to Central Oregon where she's been advocating for clients as a Realtor for over 15 years. She's also managed HOA and Design Review Boards in many communities in Bend, so she truly has a breadth of knowledge to serve clients well.

To learn more about Traci, see her bio at https://avenirrealtygroup.com/agents/traci-engel

Please help me welcome Traci to Avenir Realty!

Upcoming Events with Avenir Realty

Separate email for RSVPs coming soon!

Submit Interest in Events!

Professional Photo Shoot, Complements of Avenir Realty & Byron Roe Photography

Bring your family, special person or dog & get your holiday cards ready to go! Addl. purchase options available.

9/13 4:00 - 7:00

Fundraiser & Kickoff Party for BendFilm

As a new Board Member, I'm excited to spread the word about the cultural enrichment & programs (more than the Film Festival!) this non-profit organization provides. Join me at the party and think generously! :)

9/15 7:00 pm

Supporting BendFilm at Viaggio Wine Merchant

Let me treat you to vino or Pellegrino & charcuterie at this fabulous new wine bar. You can buy your Bend Film Festival Passes here too!

10/4 4:00 - 7:00 p.m.

My Latest Real Estate Activity

click photos for more details

Active

Ranch at the Canyons

$5,599,000

Active

by Mitch Albertson

Deschutes River Woods

$540,000

Pending

Bend Riverfront,

near LaPine State Park

$1,100,000

Pending

by Stephen Saunders

Sisters: $560,000

Pending

Awbrey Park

$1,920,000

Coming Soon

Awbrey Park

$1,450,000

The Red Cross and its partners are providing Lahaina wildfire victims with food, shelter, and reunification efforts. They are also encouraging preparedness for Oregon and other at-risk areas. If you would like to donate directly to the Red Cross, click the logo at right.

Laura Blossey

Founder and Principal Broker

949-887-4377

[email protected]

1501 NW Bond St Ste 410, Bend, Oregon 97703

avenirrealtygroup.com

All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. Laura Blossey, License 201204340

Avenir Realty. Equal Housing Opportunity.

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REAL ESTATE NEWS | AUGUST 2023

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