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

Continue Reading →

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

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 →

Amid another record sales figure, buyers are pushing back

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 pushing back on overpriced homes. July’s median sales price

Continue Reading →

New development will retain an open feel while offering desired density

If there is a way to increase the density of housing in Bend without losing all of the appealing openness that the city offered, a development proposed for west of NorthWest Crossing might be a prototype. A 245-acre area east of the Tree Farm subdivision was sold recently to the developers of NorthWest Crossing. The

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 →

2 ways Bend is trying to increase residential density

By Jason Boone Bend residents probably didn’t need the U.S. Census Bureau to tell them that the population of their town has increased in the last couple of years. There are signs, perhaps more anecdotal than data-driven, that would tell them the same thing: grocery stores that are more crowded, traffic that is thicker, class

Continue Reading →

The Bungalows at NorthWest Crossing walkable, sustainable and beautiful

By Jason Boone The trend in real estate for years has been to build smaller, greener homes in walkable neighborhoods. In fact, in a recent Urban Land Institute survey a majority of Americans expressed a desire to live in compact and mixed-use communities and half of respondents listed walkability as among the key factors in

Continue Reading →

What Is The Median Sales Price For A Bend Oregon Home?

By Jason Boone BEND, Ore. – We’re already 10 days into August 2015 and the median sales price for a Bend Oregon home is now $323,000. Home values have increased in Bend by over 10 percent in the last year alone and price increases don’t show any sign of slowing down as many economic analysts

Continue Reading →