Finding decent and reasonably priced rental housing in Bend can be a challenge. In 2017, the rental vacancy rate in Bend was 2.63 percent, compared with 6.18 percent for all of the United States. For anyone familiar with the law of supply and demand, a scarcity of rental units being accompanied by a relatively high
You wouldn’t go to someone billing himself as a dentist unless you saw the DDS after the name. The same holds for surgeons, optometrists, lawyers and the like. In real estate, the letters that come after a Realtor’s name are important, just as in other professions. In addition to meeting the requirements for becoming a
I’ve written before about the importance of hiring a professional, competent Realtor when buying or selling a home. At a time we can seemingly get any sort of professional expertise imaginable — legal, medical, home improvement — via a rudimentary Internet search, some people might not grasp the value of having an experienced, knowledgeable Realtor
The leaves have fallen from the trees. A light dusting of snow has covered the ground on a couple of recent mornings. Car windshields have to be scraped clear of frost and ice for the morning drive to work. Yes, we’re full-on into autumn and just days from Thanksgiving. This time of year is often
By Jason Boone Every piece of data seems to scream that the Bend, Oregon, real estate environment is a seller’s market. The inventory of homes for sale is at a historic low. The median sales price is steadily increasing. Pending home sales numbers indicate there’s no end to the turnover in sight. These conditions imply
By Jason Boone Prospective homebuyers still often ask me about foreclosures. Certainly the question makes sense. In the wake of the housing bust, foreclosed properties dominated the real estate market, both in Bend and throughout the nation. For many bargain hunters, foreclosed homes became an obvious avenue to buy a home at below market rates.
By Jason Boone The eight units in the second phase of the The Bungalows at NorthWest Crossing are about to hit the multiple listing service, which is great news for anyone in the market for a beautiful, sustainable home in a walkable neighborhood. The Bungalows, a condominium project that will includes 24 units at buildout,
By Jason Boone Bend has changed quite a bit from when I moved here in 2003 from Seattle. Indeed, ask any longtime Bend resident and he or she will tell you: The one constant in this wonderful place is change. The last few years the pace of growth has seemingly been breakneck, and Bend remains
By Jason Boone Negative interest rates have been a hot topic of late among those who follow fiscal policy. (And really, who doesn’t?) This is not without reason. Europe had already delved into negative interest policy when the Bank of Japan decided in January to follow suit. After that, you knew it would not take
By Jason Boone Affordable housing will be a central topic during Oregon’s 2016 legislative session. And inclusionary zoning will be at the forefront. That much is already been made clear in the early weeks of the session. The controversial practice of inclusionary zoning, which requires developers to build affordable housing as part of market-rate housing
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