by Jason Boone | Oct 30, 2017 | Bend Oregon Home Buyer, Bend Oregon Real Estate, Buy vs. Rent
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...
by Jason Boone | Oct 24, 2017 | Bend Oregon Home Sales
An acquaintance of mine, upon buying a home in Portland, came to an agreement with the seller that the washer and dryer would be part of the purchase and would remain at the home. But when my acquaintance took possession of the home, lo and behold, the washer and...
by Jason Boone | Oct 13, 2017 | Bend Oregon Home Prices, Bend Oregon Home Sales, Bend Oregon Real Estate, Real Estate Market
The residential real estate market in Bend, Oregon, continued in September to reach new heights for sales prices, but the increases remained modest. In September, for the fourth month in a row, the median sales price of a home in Bend reached a record high. Although...
by Jason Boone | Sep 18, 2017 | Real Estate News
By now, you’ve heard of the data breach at consumer credit reporting agency Equifax. Not to try to engage in scare mongering, but it’s clear that this data breach was a whopper. Of note to anyone in the midst of a real estate transaction is the possibility that the...
by Jason Boone | Sep 12, 2017 | Bend Oregon Home Sales, Bend Oregon Real Estate, Real Estate Market, Real Estate Statistics
The median sales price of Bend homes hit another record high in August — barely. It marked the third month in a row the median sales figure established a record. At $414,000, the median sales price in August was $1,500 (0.4 percent) higher than July’s amount....
by Jason Boone | Sep 7, 2017 | Mortgage Loan, Mortgages
In the aftermath of the housing bubble, there was a common perception that mortgages were impossible to obtain, that banks didn’t want to make home loans. Based on a recent publication from Oregon Community Credit Union on the home mortgage environment, that...
by Jason Boone | Aug 7, 2017 | Bend Oregon Home Prices, Bend Oregon Home Sales, Home Buying, Uncategorized
The median sales price of a home in Bend, Oregon, set another record in July, the second month in a row that figure has reached unprecedented levels. But along with the rising median sales price came evidence that the market is highly competitive and buyers are...
by Jason Boone | Aug 1, 2017 | Bend Oregon Real Estate, Home Buying, Mortgage Interest Rates, Mortgage Loan, Mortgages
Even though interest rates for traditional 30-year mortgages are near the lowest on record, some home buyers in Bend, Oregon, take on adjustable-rate mortgages, or ARMs. These loans start, for a predetermined time, with an interest rate even lower than that of a...
by Jason Boone | Jul 11, 2017 | Bend Oregon Home Prices, Bend Oregon Real Estate, Real Estate News
Back-to-back months of declines in the median sales price of homes in Bend, Oregon, ended in June: The median price was $409,000 – a record for the 10-plus years for which the Skjersaa Group has data and the first time in that period that the median price has reached...
by Jason Boone | Jun 20, 2017 | Bend Oregon Home Prices, Bend Oregon Real Estate, Home Buying, Real Estate Market, Real Estate News, Real Estate Statistics, Residential Home Sales
The housing market in Bend, Oregon, tapered slightly in May, as the median sales price fell for the second month in succession and the inventory of homes on the market rose compared with April. Still, the year-to-date median price remained steady at a price that...
