Changes might bring banks back into the mortgage game

By Jason Boone Even as the housing market rebounded from the depths of the recession, big banks largely stood on the sideline. They watched as nonbank institutions — companies that only make loans and don’t offer traditional banking services such as savings and checking accounts — gobbled up more and more of the mortgage market. Deregulation

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Median sales price cools slightly, but market far from a deep freeze

By Jason Boone Although the median sales price of a home in Bend, Oregon, dropped in July for the second month in a row, there are plenty of signs that the trajectory of the market has only slightly leveled off and hasn’t begun anything approaching a downward path. July’s median sales price was $364,450, according

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

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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6 ways a Realtor can help you

By Jason Boone Every piece of data seems to scream that the Bend, Oregon, real estate environment is a seller’s market. The inventory of homes for sale is at a historic low. The median sales price is steadily increasing. Pending home sales numbers indicate there’s no end to the turnover in sight. These conditions imply

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

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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Pace of development in Bend only quickening

By Jason Boone Bend has changed quite a bit from when I moved here in 2003 from Seattle. Indeed, ask any longtime Bend resident and he or she will tell you: The one constant in this wonderful place is change. The last few years the pace of growth has seemingly been breakneck, and Bend remains

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Central Oregon home market expectedly cools in February

By Jason Boone A leap year and seasonably mild weather made February 2016 in Bend a bit different than in most years. One thing that was typical, though: a relatively slow home sales month in Bend. In February, 125 single-family homes were sold, according to data recently compiled by the Skjersaa Group. That is down

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