Posts with tag 'Bend'
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Bend Makes Another List | 3 Posts
Bend Oregon Real Estate Trends | 63 Posts
Bend Premier Real Estate Listings | 1 Posts
Bend Premier Real Estate News | 25 Posts
Bend Real Estate General Information | 126 Posts
Bend's Best Bites | 1 Posts
Central Oregon Real Estate | 22 Posts
Central Oregon Real Estate Market Trends | 9 Posts
Fun Real Estate Facts | 1 Posts
Great Oregon Hikes | 56 Posts
Happenings in Bend | 7 Posts
Luxury Real Estate | 8 Posts
Neighborhoods to See in Bend Oregon | 4 Posts
Newsletters | 34 Posts
Places to See in Central Oregon | 18 Posts
Redmond Oregon Real Estate Trends | 7 Posts
Uncategorized | 3 Posts
Why We Love Central Oregon | 18 Posts
August
14
14
Is Bend Home Affordability Starting To Improve?
Over the past couple of years, a lot of people have had a hard time buying a Bend home. And while affordability is still tight, there are signs it's getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:
"Housing affordability is improving ever so modestly, but it is moving in the right direction."
Here's a look at the latest data on the three biggest factors affecting home affordability: mortgage rates,
August
12
12
Bend Premier Real Estate | August 2024 Newsletter
What's in the August 2024 Bend Premier Newsletter?
- Bend Real Estate Sales at a Crossroads
- Avocado Peach Salsa
- August Home Maintenance Checklist
- Hike Cooper Spur on Mt Hood
- Home Inspections for Sellers: How to Prepare
August
8
8
Bend Oregon Real Estate | July 2024 Trends
Bend Real Estate Sales at a Crossroads
The data has been published and the trends we have seen for many years for Bend home sales have changed. Instead of seeing home sales prices increasing year over year, in July 2024 home sales prices decreased year over year. This change directly reflects on the increased inventory levels the town has experienced in the last few months. The Covid pandemic resulted in tremendous dema...
July
19
19
Inventory Levels Up with Bend Luxury Home Sales
Bend Luxury Home Buyers Have More Options
The figures are out and the first six months of 2024 reflects an increase in Bend homes for sale over $1,000,000. The amount of Bend luxury home inventory is significantly up compared with 2023 and 2022 which leads to more options for the Bend home buyers who can afford a high end home. The days on market are rising and home sellers who really need to sell are recognizing that with more competition, asking price needs to reflect today's market...
July
15
15
Central Oregon Real Estate Market Trends - 2nd Quarter 2024
Central Oregon Market Trends 2nd Quarter 2024
The Central Oregon real estate 2024 market trends for most of the major urban areas continue to reflect a seller's market in 2nd quarter, although that has changed in La Pine where inventory levels at 7.4 months reflect a buyer's market; Powell Butte and Madras are in a balanced market at 6 months. Although still in a seller's market, inventory is at a level in Bend that hasn't been seen since July, 2015 when the average home price was $391,000 and mortgage interest rates were at 4%.* With more inventory, days on market have also ticked up, but well priced homes can still sell quickly and multiple offers can happen. Bend, Redmond and Sunriver are showing strong upward trends in all categories (the only exception for Bend is the number of homes sold) with home prices, listings, inventory levels and days on market all rising. As we move into 3rd quarter, we expect mortgage interest rates may drop, which could enable more home buyers to afford a Central Oregon home.*Data from Central Oregon MLS, July, 2024.
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