What can millennials expect when in the market for a home?

By Jason Boone For many millennials, the only experience they have with buying a home is what they remember of the process their parents might have gone through: Hush-hush conferences with a Realtor. Reams of paperwork documenting the financial means to purchase a house. Phone call after phone call setting appointments with lenders, inspectors and

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Builders say regulations make up $84,000 of new home’s price

By Jason Boone Many businessmen and businesswomen are certain that government rules and regulations result in higher prices for consumers, even if they can’t put a finger on precisely how much those regulations cost. Now, a study by the National Association of Home Builders has put a dollar sign on government oversight of new home

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Inventory down, median price up in April

By Jason Boone An already tight housing market in Bend, Oregon, got tighter in April. Through the end of April, the inventory of houses for sale in the Bend market was 2.1 months, according to data compiled by the Skjersaa Group. The inventory of 2.1 months is the lowest in the time period covered by

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Brisk sales in March lead to tighter market in Bend

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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Foreclosure market in Bend not nearly what it used to be

 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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Annual Market Report puts strong Bend real estate market into context

By Jason Boone Last year felt momentous in the Bend real estate market. Sales were brisk for the majority of 2015, and with all the development around town, there was a certain palpable energy. But where 2015 actually fit in the greater context of previous years is another matter. The Skjersaa Group has compiled its

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Amid flurry of news, mortgage rates likely to remain low

By Jason Boone The Federal Reserve’s plan for its federal funds rate has been making plenty of news as of late. The Federal Reserve’s Open Market Committee decided last week to keep the range for the federal funds rate — the rate at which banks charge other banks on overnight loans — steady at between

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Buying a home in Bend a bit different

By Jason Boone As just about any longtime resident will tell you, living in Bend can seem like a dream. We are lucky to live in a beautiful place that puts just about any adventure sport within minutes of any Bend front door. It’s a wonder the area managed to stay a secret for so

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2015 ends with a banner month of home sales in Bend

By Jason Boone What was already an impressive year in 2015 ended on a particular high note in December. In fact, an almost shocking number of homes were sold during the last month of 2015, pushing the year into record-breaking territory. How good of a month was it? Through the month of December 214 homes

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Exciting Bend redevelopment, expansion projects on the way

By Jason Boone New development in and around Bend has certainly been at the top of mind in the resurgent last few years on the High Desert. For better or for worse, growth is on most everybody’s mind here in Bend. But new development is not all that has been going up. In fact, there

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