Activity picks up in April

Activity in the Bend, Oregon, real estate market increased in April, setting calendar-year bests for active listings and average days on market. The median sales figure dropped from the month before – as has happened in previous Aprils – but was 6.5 percent more than in April 2017. April’s median sales figure was $415,250. That

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Banks really do want to make home loans

In the aftermath of the housing bubble, there was a common perception that mortgages were impossible to obtain, that banks didn’t want to make home loans. Based on a recent publication from Oregon Community Credit Union on the home mortgage environment, that perception appears to persist. It’s worth remembering that one of the primary fallouts of

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Do these 5 things before you move into your newly purchased home

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.

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Rise in telecommuters can add strength to housing market

By Jason Boone Bend has been referred to by more than one person as a “BYOJ” town: Bring your own job. The sentiment behind that not-all-too-positive observation of the city’s economy is that there isn’t a critical mass of employers to gainfully employ the number of educated, qualified, productive people who would like to live here.

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3 real-life examples showing why a Realtor is vital

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

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Northwest Crossing continues to be a popular community

Much like the overall Bend real estate market, the sales environment in Northwest Crossing picked up in September from the previous month. The number of homes sold and the median sales price increased, and the average days on the market for homes decreased, compared with August’s figures. In August, six single-family detached homes in Northwest

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Expansion of city boundary won’t result in new homes over night

By Jason Boone With the city of Bend, Oregon, making progress toward an expansion of its urban growth boundary, some observers of the real estate scene might think that the market for homes — both owner-occupied and rental — will relax from the last couple of years of tight inventory and rising prices. But although

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Median sales price declines slightly in June

By Jason Boone June was the busiest month for home sales in Bend, Oregon, to date in the 2016 calendar year in terms of houses sold and active listings, and the increase in inventory might have helped produce the first month-to-month drop in median sales price since November 2015. The 462 active listings in June were

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Tour of Homes demonstrates high-end properties are in demand

By Jason Boone What can the annual Central Oregon Tour of Homes tell us about the real estate market of Bend, Oregon? In addition to offering home-buyers a chance to see what local builders provide, the profile of the homes on display might furnish insight about the state of the market — and where it

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