Demand continues to outpace supply

September 13, 2020 Uncategorized , , , No Comments

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

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Median sales price continues rise, but is a ceiling near?

June 9, 2016 Bend Oregon Real Estate, home sales, real estate news, Uncategorized , , , , , , , , , , 5 Comments

By Jason Boone The median price of homes sold in Bend, Oregon, in May was the second-highest in the last 10 years, but there are signs that prices might be nearing or at a peak. At $374,000, the median sales price in May 2016 trailed only that of May 2007 ($396,250) in the time span

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Chamber Forecast offers optimism about Bend’s future

April 22, 2016 Bend Oregon Home, Bend Oregon Real Estate, Economic News, federal government, growth, home sales, Uncategorized , , , , , , , , , , , , , , No Comments

By Jason Boone Some folks around town have recently expressed some worry about the fate of the Bend real estate market. For some, the rise in single-family home prices seems a little closer to the days leading up to the Great Recession than feels comfortable. That makes some sense. Nobody wants to relive the scary

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The growth of Bend’s ever-changing west side will take some planning

April 18, 2016 Bend Oregon Home, Bend Oregon Real Estate, growth, real estate news, Uncategorized , , , , , , , , , , , , , No Comments

By Jason Boone The westside of Bend has long been a hotspot in Bend real estate, popular with both longtime residents and new arrivals to this fast-growing town on the High Desert. This is no accident, of course. The west side has much appeal. The majority of Bend’s historic homes rest on the west side.

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Brisk sales in March lead to tighter market in Bend

April 11, 2016 Bend Oregon Home, Bend Oregon Real Estate, home sales, real estate news, Uncategorized , , , , , , , , , , , , , , , 4 Comments

By Jason Boone Buyers are off to a brisk start to the year apparently, leaving an almost historically tight market for single-family homes in Bend. How tight is the market you ask? Through the month of March, the Bend market offered up about 2.3 months of inventory, according to data recently compiled by the Skjersaa

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Warm weather sparks the Bend housing market

April 5, 2016 Bend Oregon Home, Bend Oregon Real Estate, home buying tips, home sales, Uncategorized , , , , , , , , , , , , , 2 Comments

By Jason Boone Anyone can see the difference in Bend when spring weather finally hits. The trees begin to bud, flowers bloom, the grass quickly turns from dormant brown to lush green, and the snow-capped peaks of the Cascade Range pop under the clear, blue sky. The atmosphere of the town also changes. Yes, we

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Foreclosure market in Bend not nearly what it used to be

March 29, 2016 Bend Oregon Home, Bend Oregon Real Estate, bend oregon realtor, foreclosure news, Foreclosures, home buying tips, home sales, real estate news, Uncategorized , , , , , , , , , , , , , , , , , , , , , , , , , , No Comments

 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.

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Second phase of The Bungalows soon to hit MLS as construction commences

March 22, 2016 Bend Oregon Home, Bend Oregon Real Estate, bend oregon realtor, home sales, northwest crossing, real estate news, The Bungalows at NWX, Uncategorized , , , , , , , , , , , , , , , No Comments

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,

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New apartments in Bend are much needed

March 2, 2016 Bend Oregon Real Estate, real estate news, Uncategorized , , , , , , , , , , , , , , No Comments

By Jason Boone The tight rental market in Bend has hardly been a secret. With vacancy rates that have hovered around 1 percent, it would be impossible for anyone searching for a home to rent to ignore. Thankfully, the market in Bend appears to be reacting with a slew of new apartment projects, including two

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Could a negative interest rate policy affect Bend’s housing market?

February 25, 2016 Bend Oregon Real Estate, bend oregon realtor, mortgage, mortgage interest rates, mortgage loan , , , , , , , , , , , , , , , , No Comments

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

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