Thanks again for stopping by and visiting my site. Today I would like to offer my opinion on the Central Oregon Real Estate market.

We are seeing lots of activity in sales in September and October. The primary residential market has had the most sales in the last few months with the first time buyers being able to take advantage of the $8,000.00 tax refund that is available. We are also seeing activity  in the Central Oregon commercial and income investment properties as well, but still not as much demand. We have seen a few farm and ranch properties sell and also recreational and vacation properties.

We have to ask the question “WHY” .  Here is my opinion… Short-sales, bank owned, and homeowners realizing that they need to price their real estate in a way that will sell today. Although it has taken awhile for everyone to look past how much equity they are loosing or lost and realize that the sooner they get out from under the position they hold the sooner they will be on the road to recovery. People have needed to realize that yes they will loose money in their investment and come to grips with it.  They are there now….The upside is this. Even if you walk away with little or no equity in your last investment you now have the opportunity to invest in a Market that is at or almost at the bottom. Buying in today’s market will put you in a position to start seeing your real estate investment grow once again.

This is very exciting for buyers as they have been holding onto the real estate dollars waiting for the market to hit bottom and level out. Those of you that have done this should start looking for your next investment. Your patience has and will pay off. We are seeing commercial cap rates going as high as 8% and higher. We have Central Oregon income property that is for sale with over 9% cap rates. We have seen residences in Central Oregon selling as low as $70,000.00. Central Oregon farm, ranch, and recreational properties are for sale at 40%-60% less then then invested value of the owners. This is the time to move on your next investment and take advantage of this market.

If you love Central Oregon and the lifestyle it has to offer. If you have a passion for the area and want to see it start growing again, and if you want to take advantage of the excellent buys that are happening as you read this, allow me to help you in your search. I am a very aggressive buyers agent and a very realistic sellers agent.  My goal is to get you re-invested in today’s down market so that your real estate investments will start working for you again.

Thanks for your time and let me know if there is anything I can do for you.

Hi everyone! Thank you for stopping by my website. Today I want to talk about buying Real Estate. Real Estate today needs to be purchased differently than it has been in the last few years. Only a few years ago agents had a flood of buyers and a shortage of property. Lending institutions were more generous than ever and rates were down. With the combination of the above mentioned elements, our property values soared.  Real Estate agents  were successful with little effort and properties were on the market fewer days and your cash was in the bank within a short amount of time to be exchanged or reinvested.

Today the market has turned 180 degrees and the strategies agents used yesterday are not working in today’s market. This is where I would like to offer my thoughts and opinions to best represent you the buyer.

For the buyer I have great news… This is your market! You will be the reason the economy will come back and start its upward cycle. There is an abundance of property available at a decade ago or more values. We have a distressed market that has lasted too long and people are having to make moves  that they didn’t think they would have make. Banks, Businesses, Investors, home owners and  Speculator’s all need to reposition themselves in the market or get out from under their liabilities. Their liabilities now can become your assets. We used to see CAP rates go as low as 3.5% because they had the  appreciation in the real estate to shorten the length of return. Today income property CAP rates can go to over10%  and I feel they need to be at least 8% CAP as a minimum because of the lack of appreciation. We are now seeing the prices get to this point. Commercial, Residential, Vacation Home, Ranches, Farms, and Horse properties all have dropped to 12 year lows. River Front and lake property for hunting and recreational use have been  dropped by more lucrative owners because  they want to reposition themselves in the new market. It makes sense for them to do this so that their real estate money will start working for them again. Now is the time to take advantage of this market and allow the new generation of Real Estate appreciation happen for you.

Please contact me for the latest price reductions and available properties so that I may assist you in finding the best deal out there. I have many great listings and I am also a very aggressive agent that will be able to locate the desired Real Estate investment no matter where you are looking at in the state of Oregon. I am a property hunter and whether it is listed or not I will find it.

Thanks again for stopping by and listening to my thoughts and opinions.

HAVE A GREAT DAY!

My name is Jeff Larkin. I have been a Central Oregon resident for 40 years. Within those 40 years I have been involved with the Livestock and Ranch industry.  Ranching has always been my passion. I have experience in ranch management and all phases of the livestock industry. In 1989,  I entered the construction field. After working for a general contractor building custom homes and commercial buildings, I decided it was time to go out on my own. I took my knowledge of construction and passion for ranching and combined the two to form an Agricultural Development business.

For the past 20 years I have owned and operated a company that has employed up to 30 employees. As a company we pioneered a simple concept that took the industry into new heights. Our Agricultural Development niche that we have formed includes irrigation and land development, crop production, building of very elaborate equestrian centers, and custom homes of the old west design.

I have been in the Real Estate industry for 18 years from the investment side.  As an Agent weather you are buying or selling I am confident to represent you in all your Real Estate investments.  My experience includes Land use planning, Conditional use permits, Construction, and Design . I have experience in income and investment properties, Rural and Ranch properties, Commercial and private use Horse properties, Recreational and Hunting properties, Custom homes, RV and Mobile Home Parks, Mini Farms,  Nursery properties, and last but not least Lake and Water front properties.

I welcome you to continue coming back to my site as we are working on getting our current and new listings up and running. If you are a buyer seeking a Central Oregon property from Resort Homes to High Desert Ranches allow me the opportunity to be your buyers agent. Let my experience, knowledge of the area, and resources work for you! If you are a seller seeking an agent to market your property allow my background, experience,  and passion in this industry  sell your property for you.