The Gardner Report | Oregon & Southwest Washington Q4 2017


We are pleased to present the fourth-quarter 2017 edition of the Gardner Report, which provides insights into the Oregon and Southwest Washington housing market.



This analysis of the Oregon and Southwest Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me.


Click to view the full report



Posted on February 7, 2018 at 10:33 pm
Dempsey and Phelps | Category: Home Sales, Real Estate

How to Pick a Real Estate Agent

Real estate takes a lot more knowledge than just having great houses on their list. It’s having the experience, knowing the area, and the ability to represent the client’s needs above anything else.

But how do you know who is the right real estate agent for you? Maybe your friend recommended their friend or your friend recommended themselves. Here are a few things to keep in mind when searching for the right fit in an agent.

How to Pick a Real Estate Agent

Your Agent Should Be Local – Like Central Oregon Local

You’re looking for someone who has the knowledge of Central Oregon, who understands the market, knows the inventory, is familiar with different neighborhoods, schools, doctors, traffic, and so much more.

The person who was recommended to you in a different city should not be your agent – even if he or she produces big results. You’re looking for someone who knows the area you’re interested in.

So how do you find them?

Check out who’s selling in the area. Drive around and see whose signs are up. Use Zillow,, and even Google to see who’s getting the best reviews and who is the most active in your area of interest.

Don’t Pick the First Agent You Meet

Do a little self-examination. It’s important to make sure your personalities match. So don’t just pick that one real estate agent you met when you were out to dinner. They may not be the right fit for you.

In fact, shop around. Meet several agents and get an idea of what you’re looking for, what your requirements are and be sure they have the right compatibilities for you. Ask friends for recommendations and start doing your own research – online and in person.

Don’t Pick Your Friend Just Because They’re Your Friend

Now, that doesn’t mean don’t pick your friend at all. Just make sure to do your research and consider whether or not you’ll work well together in that environment. A real estate transaction is likely going to be the biggest money deal you make in your lifetime, and it’s important to choose a partner wisely in that endeavor.

Now is not the time to toss your friend a bone who just got their real estate license. It may be a little sensitive and your friend may be a little offended, but times like these call for first-hand knowledge of the process, area, and what you’re looking for when buying or selling your home.

If things aren’t going well in the buying or selling process, you need to be able to have a professional conversation with your agent. There can’t be room for fear of hurt feelings or concerns about what their reaction might be.

You have to hire the most qualified person for you.

The Best Listing Agent Doesn’t Tell You What You Want to Hear

Obviously, you’re always hoping for top dollar. And our human nature tends to lean toward the guy who suggests the highest listing price.

This is often a poor way to make your choice.

Go with the agent that backs their price up with local data and doesn’t just tell you what you want to hear. Because they can’t necessarily deliver and will often come back to you a few weeks later asking for a price reduction.

There are many strategies to listing a house. So listen to those strategies. Some agents will price a house low and let the marketplace drive up the price. Others think pricing it high and testing the waters will get you comfortable with the idea that your house isn’t really worth as much as you though. And that is an agent who tells you what you want to hear.

Go With an Agent Who Actually Closes Deals

There are career real estate agents and there are those whom career real estate agents call “hobbyists.” Some agents use their license a few hours a week while their kids are in school or as a supplemental income.

Make sure your agent is closing a deal at least once a month.

It’s hard work to sell houses and help buyers. Make sure your agent is working the hours necessary to get the job done.

Posted on January 31, 2018 at 9:08 am
Dempsey and Phelps | Category: Buying a Home, Real Estate, Selling a Home

Repairs Every New Homebuyer Should Make

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Moving can be time consuming… well “life” consuming.  The last thing you need to be worried about is remembering what to check/repair in your new home.  Here’s a great list of reminders to help you down the road:

content_MovingMove-In Week

  • Make it a point to turn on all of your major appliances and let them run for a complete cycle, especially if your home is newly built to look for leaks.
  • Be sure to read your warranty — don’t wait until an emergency to start familiarizing yourself with your legal rights and responsibilities.

45 Days Later

  • Change the filter on your HVAC system, and vacuum out the air intake vents. Capturing dirt and dust with the right filter can go a long way toward reducing dust.

Six Months Later

  • During summer months, keep an eye out for invasive animals like squirrels, birds and wasps. These pests look for loose soffits and buckled siding as a way to get into your home.
  • Twice a year in the summer and fall, inspect the exterior of your house to make sure rainwater is draining properly.
  • Landscaping should be negatively graded away from the house.
  • Each winter, check to make sure that your pipes are properly insulated against freezing.

Every Year

  • Inspect your roof or have a professional roofer conduct an inspection. Look for missing shingles, gaps in the flashing around chimneys and other hazards. Indoors, check your ceiling for water spots.

Every Two Years

  • Have a professional HVAC contractor inspect your furnace, air conditioner and hot water heater.
  • Inspect exterior paint and touch up as needed.

Posted on October 16, 2013 at 4:18 pm
Dempsey and Phelps | Category: Bend Homes, Buying a Home, Home Sales, Real Estate, Second Homes, Vacation Homes | Tagged , , , , , , , , , , , , , , , ,

The Price of Real-Estate Experience: About $25,000 –

Interesting article… Does it pay to have a more experienced agent?

Home for sale

Posted on October 2, 2013 at 11:44 am
Dempsey and Phelps | Category: Bend Homes, Buying a Home, Home Sales, Real Estate | Tagged , , , , , , , , , , , , , , , , ,

How To Save $1,000’s…

Here’s a great tip from our Owner’s (Lawnae Hunter & Tona Restine) here at Windermere:

In this day and age of high living expenses and hard earned dollars, we really enjoy it when we can assist our clients with a money saving idea. Here’s one of the best ideas we have ever heard that will pay big dividends.

A typical mortgage is written for thirty years and yet if you have ever looked at your monthly payment breakdown you will note that the interest is generally about 90% of the loan payment and the principal payment 10%. The principal percentage of the loan will increase over the life of the loan and the interest will reduce.

A quick and easy method to save $1,000 of dollars is to convert your loan to a fifteen year payback. It’s easy and cost effective.

Simply send the principal for the upcoming month, along with the regular payment of principal + interest as shown on the monthly payment coupon. To avoid confusion, send two separate checks and indicate “apply to principle” on the appropriate check. Each month you do this, you take a full payment (both principle and interest) off the end of the loan! At the end of a fifteen year period, you will have paid off the entire loan. In the event you don’t own the house for fifteen years, you will have large equity to recapture in sale; and in any month you don’t have funds to pay the extra principal, just skip it.

This is an affordable, easy way to gain wealth. Why pay all the extra interest to the lender when you can save?

Just imagine how this extra equity can be yours! Just remember to mark your second check to be sure that it is applied to the principal only and check your monthly statement to be sure the lender complied with your request.

Posted on September 18, 2013 at 4:01 pm
Dempsey and Phelps | Category: Real Estate

Help Oregon’s Children – Get a “Keep Kids Safe” License Plate

Looking to change a child’s life?

Keep Kids Safe (kid)

Your $30 purchase of the Keep Kids Safe License Plate will change a child’s life. Proceeds from the Keep Kids Safe license plate go to local child abuse prevention programs, helping to protect vulnerable children and strengthen families across Oregon. Change your license plate today and then help Oregon’s children by spreading the word.

Keep Kids Safe (license plate)

Here’s 3 easy ways to help:

1. Apply for the license plate by using a Renewal Reminder. Visit: and choose the Keep Kids Safe license.

2. Apply without the Renewal Reminder. Visit: and choose the Keep Kids Safe license.

3. Request the KKS license plate when you purchase a new car.

Proceeds from your purchase go to the Children’s Trust Fund of Oregon.

Posted on August 28, 2013 at 10:00 am
Dempsey and Phelps | Category: Real Estate

Bend’s boom back?

Money house

Is Bend’s boom back? According to these recent statistics, it looks like it may be. Check out this article regarding Bend’s recent new spot at of no. 4 in the nation for home price increases.

KTVZ: Bend’s boom back? Home price rise No. 4 in the nation!

Posted on August 27, 2013 at 12:22 pm
Dempsey and Phelps | Category: Real Estate

Our 10th Annual Client Appreciation BBQ!

A HUGE thank you to all of our clients that made it out to Shevlin Park last week for our 10th Annual Client Appreciation BBQ! We had such a good time catching up with everyone and enjoying some tasty food from Pilot Butte Burger Co.! Here’s some fun photos from the event. See you all next year!



Super Jack: the hero of the night!

Super Jack: the hero of the night!










Patty the Super Real Estate Agent: "I've found you a home.. it's over there!"

Patty the Super Real Estate Agent: “I’ve found you a home.. it’s over there!”


Posted on August 27, 2013 at 11:51 am
Dempsey and Phelps | Category: Real Estate

New Homeowner Aid Program to Begin

"Home Rescue Program"

“Home Rescue Program”

There’s good news in store for those that are struggling to make their mortgage payment. A new state foreclosure prevention program is being implemented that will provide assistance to homeowners that have foreclosure looming over them. Check out the link below to read about this new program.

New Homeowner Aid Program

Posted on August 27, 2013 at 10:50 am
Dempsey and Phelps | Category: Real Estate

Sales Prices On the RISE!

Check out this latest news! According to the Bratton report this month, median sales prices have increased approximately 4% annually since 1997 until now. Despite the ups and downs in the market over the past few years, the average median sales price has continued to rise. We are now looking at a healthy and growing market!

Median Sales Prices

Posted on August 13, 2013 at 2:15 pm
Dempsey and Phelps | Category: Home Sales, Local News, Real Estate | Tagged , , , , , , ,