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
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
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
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
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
You might have read recently that Bend and Deschutes County are among the fastest-growing areas in Oregon. To anyone who has lived here long, Bend’s desirability shouldn’t be a surprise. The attraction of this city is what helps us at the Skjersaa Group make our livings as Realtors. A steady demand for homes has produced a
After four months in a row of record-setting real estate prices in Bend, Oregon, the market took a step back in October. The median sales price of a home in Bend declined last month, but there is strong evidence that the move was a consolidation, not a sign that the demand for homes in this
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
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 dryer were gone. The appliances were
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 the market still appears to be strongly fueled by
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