by Jason Boone | Apr 20, 2017 | Mortgages
When the Federal Reserve Board raised its benchmark interest rate by a quarter of a point in mid-March, the consensus prediction was that mortgage rates would rise as well. Instead, the interest rate on the popular 30-year mortgage last week fell for the fourth week...
by Jason Boone | Apr 11, 2017 | Bend Home Sales, Bend Oregon Home, Real Estate News
March homes sales in Bend, Oregon, picked up compared with the previous month and registered the second-highest median sales price in the last 10 years. The median price climbed to $395,000 in March. The only month in our data set (dating to the start of 2007) that...
by Jason Boone | Apr 5, 2017 | Foreclosures, Real Estate News
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...
by Jason Boone | Mar 24, 2017 | Home Buying Tips, Mortgage Loan, Mortgages
If you’re in the market to buy a home, you’re probably in the market for a mortgage, as well. Here are some suggestions on choosing a lender. Know your options for obtaining a mortgage. You’re not limited to a bank with nationwide branches or one of the big online...
by Jason Boone | Mar 15, 2017 | Home Buying Tips
I love it when a client of mine buys a home. It is the culmination of a process that can be exciting but exasperating, rewarding and enriching — in ways even an appreciating asset like a home in Bend can’t touch. Most important, though, I want all homebuyers...
by Jason Boone | Mar 10, 2017 | Bend Home Sales, Bend Oregon Real Estate, Home Buying, Real Estate News
Looking solely at February’s median sales price of a home in Bend, Oregon, one might be struck by the decline from the previous month. But other data from the real estate market indicate the demand for homes remains strong. February’s median sales price was $354,853....
by Jason Boone | Mar 6, 2017 | Bend Oregon Home Prices
Anyone who has followed the Bend, Oregon, real estate market coming out of the great recession has probably wondered: How long can prices keep rising? After all, mortgage interest rates have moved off their historic lows and appear headed for further increases. Higher...
by Jason Boone | Mar 2, 2017 | Buying a home, Mortgage Interest Rates, Mortgage Loan, Mortgages
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...
by Jason Boone | Feb 22, 2017 | Real Estate News
If there is a way to increase the density of housing in Bend without losing all of the appealing openness that the city offered, a development proposed for west of NorthWest Crossing might be a prototype. A 245-acre area east of the Tree Farm subdivision was sold...
by Jason Boone | Feb 10, 2017 | Bend Home Sales, Real Estate News
By Jason Boone The numbers of homes sold in Bend, Oregon, in January dropped compared with previous months — which probably shouldn’t be a surprise given our weather — but the median price of those homes that were bought was on the rise. The median sales...
