Gratitude
Gratitude. Maybe this word has lost its power due to overuse and become somewhat of a cliché. But not today...not now. Between the swirl of unrest, the sea of unknown and the sensation of restlessness, gratitude may be the only grounding force. If we focus on the gifts that come from any...
How the Real Estate Industry is Addressing COVID-19
We appreciate the emails and phone calls we’ve received from many of you, both to check in socially and to ask questions about how the outbreak of COVID-19 is affecting the real estate industry. We thought it might be helpful for you to share some factual information we are receiving from various...
Navigating “Stay Home, Save Lives”
(Updated on March 24, 2020) First of all, on behalf of the entire Skjersaa Group, we hope you and your families are healthy and doing as well as possible during this incredibly difficult time. We are grateful for the proactive measures our local and regional governments, as well as local...
Market Trends | March 2020
The median home price in Bend rose to $460,000 in February, an increase of 3% from January, and the highest since October 2019, when it was $471,250. Year over year, this is an increase of 7% in the median price of homes sold in Bend. Like January, February was an active month for new listings,...
Listings remain scarce, prices go up
That Bend, Oregon, has a housing shortage seems to be an accepted fact. A largely ignored aspect of the housing situation in Bend, though, is that there is increasingly a relative shortage of homes for sale. In February, for the fifth month in a row, there were fewer active listings in the Bend,...
Popping myths about the state of real estate market
Amid a trend of increasing housing prices, angst about an impending plunge in values might seem understandable. With each record that is set for the median sales price in the Bend, Oregon, real estate market – and there were four such records in 2019 – a corresponding sense of, “There’s only one...
Larger population, fewer sales = prices up
Even as Bend’s population grows, as Deschutes County experiences the highest net in-migration of any county in Oregon, the volume of real estate transactions in 2019 was fewer than in the year before. In what appears to be a classic supply-and-demand story, the price of homes in the Bend, Oregon,...
February 2020 Market Trends for Bend Real Estate
If you’ve lived in Central Oregon for many years like our team has, you know firsthand we can quickly go from living in a Winter Wonderland to balmy, mild days in “June-uary,” an interchangeable nickname for either a warm January or a cool June. With the holiday season behind us, and the promise...
The Importance of Career and Technical Education in our High Schools and Colleges
February is designated as "CTE Month" to highlight the importance of career and technical education. Previously called vocational education or vo-tech, today’s CTE courses provide students with real-world skills they will need to enter the workforce in 16 different industries including, business,...
Activity slows in snow-filled January
Given the relative scarcity of homes on the market, the volume of sales in January 2020 – 135 homes closed – shows the strength of the demand on the part of buyers.