Are you having a hard time finding the right home in your budget? Or maybe you already own a home but could use some extra income or a designated space for aging loved ones. Either way, accessory dwelling units (ADUs) could be the smart solution you've been looking for in today's market.

What Is an ADU?

According to Fannie Mae, an ADU is a small, separate living space that's on the same lot as a single-family home. It must include its own areas for living, sleeping, cooking, and bathrooms independent of the main house. And they can take shape in a few different ways. Fannie Mae adds, an ADU can be:

• Within a main home, such as a basement apartment
• Attached to a main home, such as a living area over a garage
• Detached from the home entirely; it could even be a manufactured home

The Benefits of ADUs

ADUs are growing in popularity as more people discover why...

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If you want to sell your house, having the right strategies and expectations is key. But some sellers haven't adjusted to where the market is today. They're not factoring in that there are more homes for sale or that buyers are being more selective with their budgets. And those sellers are making some costly mistakes.

Here's a quick rundown of the 3 most common missteps sellers are making, and how partnering with an expert agent can help you avoid every single one of them.

1. Pricing the Home Too High

According to a survey by John Burns Real Estate Consulting (JBREC) and Keeping Current Matters (KCM), real estate agents agree the...

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In a recent survey, the National Association of Realtors (NAR) asked sellers what they want most from a real estate agent. The number one answer was to help market their house.

It makes sense. The way your agent markets your house can be the difference between whether or not it stands out and gets attention from buyers. That's why it's so important to work with a Bend Premier Real Estate Broker who knows what they're doing.

According to that same report from NAR, here are some of the most common methods real estate agents use to market homes, and how you benefit when your agent uses them eff...

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Let's face it — buying a home can feel like a challenge with today's mortgage rates. You might even be thinking, "Should I just wait until spring when more homes hit the market and rates might be lower?"

But here's the thing, no one knows for sure where mortgage rates will go from here, and waiting could mean facing more competition, higher prices, and a lot more stress.

What if buying now — before the spring rush — might actually give you the upper hand? Here are three reasons why that just might be the case.

1. Less Competition from Other Buyers

The winter months tend to be quieter in the real estate market. Fewer people are actively looking for homes, which means you'll likely face less competition when you make an offer. This makes the process feel less rushed and l...

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What's in the January 2025 Bend Premier Newsletter?

• More Inventory and Moderate Price Increase the Norm in 2024
• Creamy Mushroom Pasta
• Cozy Ideas to Transform Your Living Room This Winter
• Hike Smith Rock for a Winter Challenge
• Get Ready to Sell a Home in 2025