Further increases in interest rates wouldn’t deter buyers, survey says

Anyone who has been in the market to purchase a home recently probably knows that interest rates on traditional 30-year mortgages have risen in the past year, from about 4 percent in July 2017 to 4.625-4.75 percent early this month. Results from a survey, however, indicate that even a rate increase to 5 percent is

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Strong signs that now is a good time to buy

Median home prices are near an all-time high in Bend. The inventory of homes for sale skews strongly toward a “seller’s market.” Interest rates have risen from their historic lows of recent years. It seems as if there might be some credible arguments for why now is not the right time to buy a home

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May sales prices 9 percent higher than in previous year

The median sales price of a home in Bend, Oregon, remained virtually unchanged in May from the month prior even as other data indicates the market might be tightening. May’s median price of $415,000 was less than one-tenth of 1 percent less than April’s figure of $415,250. Every month this calendar year has had a

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Another busy April in NorthWest Crossing

April in 2018 followed the pattern of previous years for real estate activity in the NorthWest Crossing neighborhood in Bend, Oregon, which remains among the most desirable areas of town. Ten single-family NorthWest Crossing homes were sold in April, traditionally one of the busier months of the year. Only once in an April (2013 –

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Activity picks up in April

Activity in the Bend, Oregon, real estate market increased in April, setting calendar-year bests for active listings and average days on market. The median sales figure dropped from the month before – as has happened in previous Aprils – but was 6.5 percent more than in April 2017. April’s median sales figure was $415,250. That

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Low wages aren’t only hurdle to affordable housing

The affordability of housing in the Bend, Oregon, area has the attention of government leaders, local media and the general public. The rising price of homes and the scarcity of rental housing have produced what is regularly referred to as a housing crisis. The lifestyle Bend offers is one source of the high demand for

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