Central Oregon sellers may find that they're not getting multiple offers within days of listing their homes for sale, but that doesn't mean the market is turning in favor of buyers. It does indicate, however, that a transition is building from a seller's market to a more balanced real estate market.
According to SELCO Mortgage Loan Officer Tim Booher, in competitive markets like Central Oregon, where there is low inventory, it’s best for would-be homeowners to fill out a mortgage application first, even without a down payment.
A teen's first job is an important rite of passage. It's a chance to earn their own money, and to determine how best to spend it. Sandy Wagner, Central Oregon Regional Manager at SELCO, offers advice to parents about helping their children develop strong financial habits that will last a lifetime.
There has been a significant increase in the sophistication of "social engineering" scams, in large part because of the advancement and proliferation of artificial intelligence. Scammers now have an effective tool to limit the glaringly obvious linguistic errors that were once a first line of defense for consumers.
Since 2020, SELCO has partnered with Liberty House to sponsor Eli the therapy dog. Eli, an 8-year-old Labrador retriever, provides comfort to children who may have been abused or neglected.