Whatever metric you want to use, the numbers paint a pretty clear picture of the Bend, Oregon, real estate market: There is not enough supply of homes to meet buyers’ demand. Not nearly enough. Speaking of August’s sales figures in general terms, lots of homes were sold. But not so many homes came onto the
Amid a trend of increasing housing prices, angst about an impending plunge in values might seem understandable. With each record that is set for the median sales price in the Bend, Oregon, real estate market – and there were four such records in 2019 – a corresponding sense of, “There’s only one way to go
Even as Bend’s population grows, as Deschutes County experiences the highest net in-migration of any county in Oregon, the volume of real estate transactions in 2019 was fewer than in the year before. In what appears to be a classic supply-and-demand story, the price of homes in the Bend, Oregon, increased again in 2019 amid
It’s probably a safe bet that we at the Skjersaa Group choose to live in Bend for the same reasons many people do. The beauty of the area, the outdoor activities available literally outside our doors and just outside town, and the dry, sunny high-mountain climate are all part of the draw. There’s more than
Anyone who has been in the market to purchase a home recently probably knows that interest rates on traditional 30-year mortgages have risen in the past year, from about 4 percent in July 2017 to 4.625-4.75 percent early this month. Results from a survey, however, indicate that even a rate increase to 5 percent is
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. That’s an even smaller increase than we saw from
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
So, you’ve bought a house? Congratulations. Few things in our lives are more momentous. Before moving into your new home, though, there are some things you might want to consider taking care of. Addressing these items now, before you’re settled, will generally be easier or more beneficial that if you wait to have them done.
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
By Jason Boone Ground has been broken on a 50-home development in Northwest Bend after about a year and a half of contention. The Tree Farm development is west of Miller Elementary School and north of Northwest Skyliners Road. Encompassing 533 acres, the development will remain mostly open space. The developers plan 50 2-acre homesites. They
1033 NW Newport Ave.
Bend, OR 97703
