Selling a home during the holidays has its advantages

We all have a lot on our plates this time of year. That reality can make the prospect of trying to sell a home appear daunting. Who would put their home on the market now, just after Thanksgiving and a little before Christmas? Well, as counterintuitive as it might seem, selling a home during the

Continue Reading →

Homeowner’s motto: Be prepared (to sell or buy a home)

By Jason Boone In a lot of instances, a homeowner might not be able to control when he sells his house. A change in jobs, a development affecting a family member who resides in a different town or a sudden alteration in one’s lifestyle choice can result in the need to sell a home now. And

Continue Reading →

Tips to Increase Home Value Before Sale?

Selling a property is not everyone’s cup of tea. Most people have to move mountains in order to get the best price for their property. You have to make sure that your property is in its best condition, so that you can make huge profit from it. The potential buyers tend to offer the price

Continue Reading →

Northwest Crossing continues to be a popular community

Much like the overall Bend real estate market, the sales environment in Northwest Crossing picked up in September from the previous month. The number of homes sold and the median sales price increased, and the average days on the market for homes decreased, compared with August’s figures. In August, six single-family detached homes in Northwest

Continue Reading →

Median sales price reverses direction, rises 7.5 percent in September

By Jason Boone Any sense during the summer months that the housing market in Bend, Oregon, was softening or beginning to tilt in favor of buyers might be erased by the sales figures from September. After three months of declines in the median sales price, it rose in September to $385,750. That is 7.5 percent more

Continue Reading →

Fed holds rate steady; what does it mean for Bend real estate market?

By Jason Boone Federal Reserve chairwoman Janet Yellen announced this month that the central bank would not raise its benchmark interest rate. What can be read into that for the housing market in Bend, Oregon? First understand that the Fed Funds Rate is used to set the rates of most bank loans. Also keep in mind

Continue Reading →

August median sales price shows further leveling off

By Jason Boone In my review of May’s home sales data in Bend, Oregon, I suggested that the market might have been reaching a peak. The figures for the three months since seem to support that theory. The median sales price of a home in August was $359,000. That represents the third month in succession that

Continue Reading →

Expansion of city boundary won’t result in new homes over night

By Jason Boone With the city of Bend, Oregon, making progress toward an expansion of its urban growth boundary, some observers of the real estate scene might think that the market for homes — both owner-occupied and rental — will relax from the last couple of years of tight inventory and rising prices. But although

Continue Reading →