real estate market

Inventory down, median price up in April

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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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Bend median home price stays strong in October

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By Jason Boone The upward trajectory of the Bend, Oregon housing market continued in October 2015, extending a four-year recovery trend from the depths of the Great Recession. Bend’s October median home price came in at a robust $339,500, according to data recently compiled by the Skjersaa Group. The year-to-date median — the number where […]

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What is a backup offer?

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In the Real Estate market, one common question that home buyers ask is what does the term backup offer mean? Sometimes it can be confusing when searching the Multiple Listing Service because there are a wide variety of terms to understand but your home search doesn’t have to be frustrating if you know common MLS […]

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