Just Listed: Beautiful custom build home in Junipine Acres

 
 
 

This Beautiful custom build home in Junipine acres has so much to offer.

It sits on 4.71 acres with a dream shop. It has gorgeous custom cabinetry, granite countertops in the kitchen, with stainless steel appliances and Travertine backsplash, it also offers vaulted ceilings, exposed wood beams and built-ins throughout the home. The 20X30 shop has a additional storage area and attached carport. Potential horse property. A common area in the development allows for picnics and fishing in the near by creek. Schedule your showing today.

Listed by Karina Hogan for West + Main Homes. Please contact Karina for current pricing + availability.

 
 
 

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West + Main Homes
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(541) 527-9998
karina@highdesertbrokers.com


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Just Listed: Cozy Single Level Craftsman in NW Redmond

 
 
 

Cute and cozy NW Redmond single-level craftsman.

This well maintained home is in a fantastic location close to schools, shopping and the new stairway access to the Dry Canyon Trail. Enjoy peace of mind in the quiet, low traffic neighborhood near the end of the cul-de-sac. This 3 bed, 2 bath home has updated vinyl plank flooring and new living room carpet along with stainless kitchen appliances and a newly updated guest bath. Vaulted great room and primary bedroom ceilings provide an open and spacious feel. Outside you will find sought-after space for boat, RV or extra vehicle parking, a covered back patio for year-round entertaining and a large, fenced backyard!

Listed by Justin Peterson & Kennadi Dieter for West + Main Homes. Please contact Justin for current pricing + availability.

 
 
 

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541-510-1253
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Just Listed: Cozy + Bright Home in Paulina Peaks

 
 
 

Cozy & bright single family home.

The wood accents and gas fireplace combined with the vaulted ceilings and skylights are the perfect combination. Partial xeriscape in the front yard, fenced backyard with large composite deck for enjoying the Central Oregon summer evenings, and AC inside for those hot days. A few of the homeowners favorite things are the large closet, the wonderful neighbors, and the separation of the primary suite and the guest rooms. You don't want to miss this one!

Listed by DeAnna Davis for West + Main Homes. Please contact DeAnna for current pricing + availability.

 
 
 

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West + Main Homes
westandmain.co
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(541) 390-8631
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Net-Zero Multi-Family Plan for Bend’s Midtown

 
 

Ultra-Energy-Efficient 36-Unit Project to be Built in Podium Style Over Parking

In a sign of Bend’s increasing urbanization, a three-story, 36-unit “net zero” energy-efficient multi-family housing development is in the works for the city’s popular Midtown area.

The proposed project, on a 0.63-acre site in the Orchard District at the intersection of Fourth St. and Olney, is slated to include 28 one-bed and eight two-bed units on two levels straddling 44 parking spaces below, for a total 53,300 square feet, in a creative podium style construction.

Along with parking on the ground floor, there will be 1,560 square feet of interior bike and gear storage, as well as a lobby, mail and parcel rooms and utility spaces.

The second floor is set to accommodate a 4,159-square-foot courtyard and 811-square-foot covered porch, and, in a nod to amenities desired in a more connected remote employment world, a 909-square-foot co-working space and meeting room. Half of the units, which range in size from 536 to 917 square feet, will have balconies and all will be equipped with a washer and dryer.

Developers Roost Development LLC say the project, designed by the Bend office of Ten Over Studio, will bring a “new and exciting living experience” to the neighborhood, with a net-zero goal at the heart of creating a safe and sustainable environment.

Site improvements include connecting to the existing alley, as well as providing space on the site for a future roundabout. The residential High Density (RH) Zoned project will feature efficient materials, assemblies and solar on the roof, and a locally commissioned mural will pay homage to the energy of Bend while honoring the creativity of the community.

Roost manager Perry Brooks said the “porch” and the courtyard, situated to face the adjacent streets, will be an inviting outdoor space for the future residents and families to call their own.

He added, “This opportunity has allowed us to jump ahead with pursuing our net zero philosophy, and we will actually be giving back to the electrical grid at the end of the day.

“Building on a podium also allowed a creative solution to fulfilling parking requirements. The site sits four-five feet below grade and in In lieu of surface parking, our cost-benefit analysis showed it was feasible to basically build a concrete deck with parking underneath.

“This is something done in a more urban style that you may see more in cities like Seattle, but is a newer direction here, and think we will see more of this type development as the population continues to increase along with higher density demands and the need for creative infill projects.

“We aim to be at the leading edge in terms of design and net zero goals and to set the bar higher.

“It also makes sense to see more density options coming to the area and we wanted to provide the kind of amenities desired in the modern era. The world has changed and, for example, people looking for more co-working options.

“Sustainability is key, and we have features such as incredibly well-insulated panelized construction systems and high-performance interiors that don’t leak, and a large photovoltaic array as part of achieving net zero goals.”

Brooks said his group was in the process of submitting for design and development permit approval and aimed to break ground on the project by the end of the year.

In a different style but somewhat complimentary fashion in delivering more living options for Bend’s growing population, local micro-housing specialists Hiatus Homes, also has plans on the boards for a “first-of-its-kind” multi-family development in the Midtown area nearby at 445 NE Penn Ave.

The project is envisioned as a stepped, three-story building with 40 lofted flats and four common kitchen/living room facilities with a farm table for communal meals.

The building will also feature a workout room, communal workspace, raised decks, ground level outdoor spaces with fire pits and a rooftop deck with views of Pilot Butte. Transportation includes car share parking as well as bike lockers and electric bike charging stations.

Environmentally friendly laundry detergent brand Dirty Labs has been tapped to collaborate with Hiatus Homes on a state-of-the-art laundry room for tenants.

Hiatus said the “intelligently designed” interior units will feature a sleeping loft, vaulted 13-foot ceilings and large windows creating a flood of light into the space. Each unit is approximately 440 square feet with a lofted bedroom for additional space.

The building is located around the corner from Midtown Yacht Club Food Carts, a walkable location along a bus route. A spokesman added, “Hiatus Homes is delivering the dream of living in Bend to more people, increasing housing density in the region and creating energy efficient, sustainable living with home models that are zero energy ready.”

AND it seems that Bend is undergoing something of a surge in multi-family and mixed-use multiple story projects in various planning stages currently, reflecting a need for increased density within city limits to cater to an ever-expanding demand.

Bend-based BLRB Architects is working on two significant projects on the westside of town, including “Modera Century West” slated for a site at the Century Drive/Reed Market Road/Mt. Bachelor Drive roundabout.

When complete, this new 300,000+ square-foot apartment complex will offer nearly 300 market-rate units and unique on-site amenities “tailored to DIYers, mountain bikers, hikers and other adventure seekers.”

A public plaza, outdoor amenity spaces, fitness room, yoga and sauna room, game and club rooms and outdoor rooftop common use space are also part of the design.

BLRB is also involved with developing plans for a five- six-story mixed-use/multi-family development, including retail and amenities on a portion of the ground floor and 202 residential units at 954 SW Emkay in the Shevlin Corporate Park area.

The design for this 168,000-square-foot mixed use housing project makes the most of a sloping site, maximizing the building footprint and integrating tuck-under parking at the rear of the building.

The facade is divided into discrete elements to visually reduce the length and mass of the building. The BLRB website adds: “The exterior expression invokes the vertical columnar basalt forms of the nearby Deschutes River Canyon and the glass encased corner will offer a distinctive signature feature while allowing transparency to the building’s interior public spaces.”

This project as well as others, including the 210-unit mixed-use Hixon at Westside Yard development on the former Ray’s Food Place site, and a tentative plan for a similar type of project at the former KorPine site in the Old Mill District are pursuant to the relatively recent Mixed Use (MU) Zone.

The MU Zone was introduced in certain areas, particularly around the Westside, by the City of Bend whose updated code said it was: “intended to provide opportunities for vibrant mixed-use centers and districts in areas with high-quality connectivity to and within the area.”

MU projects are intended to allow for a denser level of development of a variety of commercial and residential uses than in surrounding areas with an emphasis on retail and entertainment uses at the street level. They also aim to provide for development that is supportive of transit by encouraging a pedestrian-friendly environment

In a similar vein, more dense mixed-use projects are in the pipeline as part of redevelopment intended to be catalyzed within the Bend Central District (BDC), a rapidly growing area in the heart of the city.

A complex in the design stages for a site at 181 Franklin close to downtown is set to offer pedestrian-friendly street frontage, and 121,000 square feet encompassing four stories of apartments above ground-level mixed use and retail space and multiple on-site resident amenities. Slated for completion in 2023, 181 Franklin is one of the first major redevelopments in the BCD.

Prominent local developers Brooks Resources has also invested in the Blue Dog RV building and parking lot sandwiched between Walgreens and Les Schwab Tire Center on NE Franklin Avenue, which is inside the BCD.

Brooks Resources Director of Planning Dale Van Valkenburg said his company is still in the visioning process for the project and their future decisions will be affected by upcoming code changes for the area and the status of the urban renewal process.

He added, “This is a new thing for Bend, going from a large town to a small city.

“A few examples are the Franklin Crossing Building downtown and what is going up where Ray’s used to be. It’s zoning changes that has allowed those things to happen.

“The problem with the central district is that it’s been neglected — it is now a bunch of old single-story buildings. There are barriers to getting people to want to live there. But urban renewal initiatives lets developers take the risk.”

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4 Gen Z homebuyers reveal tips and hacks for buying a house young

 
 

It's getting harder and harder for young people to buy a home. Home prices and interest rates are on the rise while supply continues to dwindle.

Those factors, coupled with the financial strain of student debt, have left many unable to save enough for a down payment or afford a monthly mortgage. 

But some are getting it done. From extreme-savings strategies to scoring a mortgage for 100% of the home price, four Gen Z homebuyers told Insider about the unique ways they financed their first home purchase before age 25. 

While not all of their financial paths to homeownership are available to everyone, their journeys can serve as a guide and spark ideas. 

Here are some tips from their first home purchases. 

Saving for a down payment was 'untenable.' Instead, I looked for 100% financing options and plan to refinance later. 

After Daniel Greene, 22, fled his tumultuous childhood home with his two sisters a few years ago, he wanted to buy a house to move into when he and his fiancée got married, he said. 

But after putting all of his money towards rent — $1,250 per month — the 2020 college graduate didn't have much saved to put toward a down payment on a house, he said.

"It's the American dream. It's something you're supposed to do," he said. "To be honest, though, it's unattainable, it's completely untenable." 

"How am I supposed to save up $20,000?" he added. "I don't come from money." 

It's a challenge facing his entire generation, said Greene, who works in finance making about $85,000 per year. 

Through his bank, North Carolina's State Employees' Credit Union, he found a way to do so. He bought a new-construction two-bedroom home for the amount of his loan last year, he said. 

The bank offered a floating-rate mortgage, with an initial interest rate of 3.14%, that lent on 100% of the $202,800 house. He had a credit score of 700 when he took out the loan, and the rate will be adjusted in two years. 

Since the adjustable nature of the loan means interest rates could hit 14% when it does get reevaluated, Greene plans to refinance the debt with a fixed-rate mortgage before then, hoping for a rate of 3% to 5%.

Credit unions are not-for-profit member-owned banks whose members have some kind of geographic, religious, educational, or occupational affiliation. Many of these banks lend up to 100% of the home's value depending on the price. 

The National Credit Union Administration has a map and locator on its website to find a credit union near you. Insider's personal finance team has also laid out the best credit unions of March 2022.

Since I made under $90,000, I was able to qualify for a state program to help first-time homebuyers. I scored a 2.38% interest rate and $7,500 to put toward my closing costs. 

What Emajja Bowen, 24, loves most about her Atlanta condo are its floor-to-ceiling windows. They were a must-have in her search. 

By the time the condo was listed in August 2020, she had almost given up looking. But then she saw her dream home and decided to put in an offer. 

The 2020 master's graduate wrote a letter to the seller telling him what buying a home in the state's capital would mean to her. The letter worked. Bowen closed on the $274,000 home in the fall. 

Bowen was also able to qualify for a state program, Georgia Dream, that helps Georgians become homebuyers. 

The program provides first-time homebuyers, buyers who have not owned a house in over three years, or homebuyers looking to buy in specific areas of the state with low mortgage rates and financial assistance to make the move, according to the program's website

The state caps the program to those making $90,000 or under. Brown, a consulting analyst, said she just made the cut. Georgia Dream provided her with $7,500 toward closing costs and financed a mortgage with a 2.38% interest rate, compared with 3.07%, the average mortgage in October when Bowen bought the condo. 

Many states offer programs to help first-time homebuyers secure favorable terms, finance a down payment, or otherwise assist them. The mortgage information provider HSH has outlined what each state offers on its website.

Insider's personal finance team has outlined 11 programs that help first-time homebuyers get a mortgage as well as how to find first-time homebuyer programs in your state to help with a down payment, closing costs, and taxes.

To get a better mortgage, I used monthly payments for Netflix and Hulu to boost my credit score. 

Grace Gabriel, 23, closed on a $505,000, three-bedroom townhouse in Laurel, Maryland, in February. But her road to homeownership started with a speed bump.
In August, Gabriel, still in her first year as an analyst at Accenture, felt financially stable enough with a salary of $92,000 to buy a home. But a loan officer said she needed a longer and more robust credit history to apply for a mortgage. 

So Gabriel put herself on a "financial diet." She started with "cutting out carbs", like her Achilles' heel: online shopping. She deleted shopping apps from her phone and started tracking every dollar of her spending in an Excel spreadsheet. 

"This was a goal that I wanted, so I was going to be very serious about it," she told Insider.

She used those savings to pay off debts, including outstanding tuition bills. 

Gabriel also found ways to boost her score using her spending habits. She signed up for a service through the consumer credit bureau Experian that let her count monthly Netflix and Hulu payments toward her overall FICO score. 

Through YouTube videos detailing financial advice, Gabriel discovered the Chime Credit Builder card. She appreciated the features designed specifically to help those building credit: no credit check, no annual fees, and no interest. 

Opening a second card expanded her available credit, which in turn improved her credit utilization rate. Gabriel set a personal goal of keeping that number under 30%, something that same loan officer would compliment her on months later. 

In the end, she was able to boost her credit score to 726, an increase of 50 points, which helped her lock in an interest rate of 3.9% for her mortgage. 

Looking back, Gabriel never doubted her drive to make her goals a reality. 

"I'm not someone who's good at 'no,'" she said. "When someone tells you 'no,' make that into new opportunities." 

To read the full story, check out Business Insider.

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