Posts with tag 'bend oregon real estate'
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Should You Sell Your House As-Is or Make Repairs?
A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that's just not possible. Maybe that's why, 39% of sellers chose to sell as-is instead (see chart below):
If you're feeling stressed...
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More Homes, Slower Price Growth – What It Means for You as a Buyer
There are more homes on the market right now than there have been in years – and that could be a game changer for you if you're ready to buy. Let's look at two reasons why.
You Have More Options To Choose From
An article from Realtor.com helps explain just how much the number of homes for sale has gone up this year:
"There were 29.2% more homes actively for sale on a typical day in October compared with the same time in 2023, marking the twelfth consecutive month of annual inventory growth and the highest count since December 2019."
And while the number of homes on the market still isn't quite back to where it was in the years leading up to the pandemic, this is definitely an
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What's Motivating Homeowners To Move Right Now
Over the past few years, some homeowners have decided to delay their move because they don't want to sell and take on a higher mortgage rate on their next home. Maybe you're thinking the same thing. And honestly, that's no surprise. It's a very common roadblock and is one of the biggest factors that's kept the number of homes on the market so low for so long.
But a growing number of homeowner...
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Bend Oregon Real Estate | October 2024 Trends
Bend Home Prices Up In October
The trend seen over the past four months changed in October when year over year Bend home prices rose rather than fell. Both average and median Bend single family home sales prices were up, perhaps a reflection of lower interest rates seen in September which enabled more home buyers to purchase higher priced homes or an unusual anomaly which was reflected with a large number of million dollar plus homes (over 35% of total home sales) closing. Typically in the fall,
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Bend Luxury Homes | 3rd Quarter 2024 Trends
Bend Luxury Home Inventory is Up
For Bend buyers looking for their ideal luxury home, there was a significant increase in the number of homes for them to pick from in 3rd quarter 2024. When we look at Bend million dollar homes, the categories of homes for sale over $1,300,000 had anywhere from 45% to 89% more listings for buyers to consider. It appeared that more sellers were willing to list their property in 2024 than in 2023, perhaps tied in with lower
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