Housing market continues to rise from depths of foreclosure crisis

More than 7.75 million homes went through foreclosure in the 10 years ending with the close of 2016, but recent employment and economic trends in the United States show the potential to drive the future number of foreclosures to below the pre-housing crisis levels. A report by CoreLogic, a California company that provides financial and

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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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Warm weather sparks the Bend housing market

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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New apartments in Bend are much needed

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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Affordable housing is a complicated issue that is worth watching

By Jason Boone Affordable housing, or supposed lack thereof, has been a much-discussed subject around Oregon. And Bend has not been immune, with a historically tight rental market, rising rents and a median home price that at last count sat at $321,500. Such market pressures have created a need for affordable housing, and understandably sparked

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Key signs suggest that we are not in another real estate bubble

By Jason Boone Home values have grown significantly since the depths of the Great Recession. There is no denying that. Here in Bend, Oregon, the monthly median price has grown from a monthly low of $166,000 in November 2011 to $339,950 in October. For anyone who lived through the tumultuous times after the real estate

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