January sales figures set record for that month

The January sales figures for the Bend, Oregon, real estate market make two things evident: The winter is no longer a “slow” time of year, and the market is divided into two portions – what might be loosely called “affordable” homes on one side and those that are at the boutique end of the market

Continue Reading →

Projecting the 2018 real estate market

The median sales price of a home in Bend, Oregon, rose 10.8 percent from December 2016 to December 2017. That followed increases of 9.9 percent in 2016 and 12.2 percent the year before. Many in the real estate industry, however, expect the recently enacted tax law to have an effect on the market. The National

Continue Reading →

Records set on many fronts in NorthWest Crossing

In a year that the real estate market in Bend, Oregon, set records for median sales price, it probably shouldn’t be a surprise that the NorthWest Crossing neighborhood had the highest sales price of its existence, too. The median sales price of NorthWest Crossing homes in 2017 was $628,604. Never before had the median sales

Continue Reading →

Median price in Bend rises slightly as year comes to close

A record-breaking year for real estate in Bend, Oregon, ended with higher prices in December than the month before. December’s median sales price was $394,535, an increase of 1.2 percent from $390,000 in November. The inventory of homes for sale and average days on the market also reflected a slight tilt toward sellers, the two

Continue Reading →

November’s median sales price falls, not unexpectedly

The pace of home sales and the median price dropped in November compared with the previous month. But the one-month snapshot comparing November’s numbers to October’s doesn’t capture the bigger picture of the Bend, Oregon, real estate market. November’s median sales price of $390,000 was 3.5 percent lower than October’s median of $404,250. A look

Continue Reading →

Stone Creek: Like an east-side NorthWest Crossing

By almost any measure, NorthWest Crossing is among the most popular and successful neighborhoods in Bend. Homes are in high demand, the schools are well-regarded, and the community fits the city of Bend’s vision of multiuse neighborhoods. Taking shape on the other side of the city is a master-planned community that one might be tempted

Continue Reading →

Millennials: Owning home can be part of wealth-building strategy

Nearly 10 years old, the implosion of the U.S. housing market created wounds that still bear scars. One of the byproducts from that period was a general decline in homeownership. Every age category below those 65 years old shows fewer people owning their homes. Those 35 and younger have long been the least likely to

Continue Reading →

12345...102030...