Brisk sales in March lead to tighter market in Bend
By Jason Boone Buyers are off to a brisk start to the year apparently, leaving an almost historically tight market for single-family homes in Bend. How tight is the market you ask? Through the month of March, the Bend market offered up about 2.3 months of inventory, according to data recently...
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...
Foreclosure market in Bend not nearly what it used to be
By Jason Boone Prospective homebuyers still often ask me about foreclosures. Certainly the question makes sense. In the wake of the housing bust, foreclosed properties dominated the real estate market, both in Bend and throughout the nation. For many bargain hunters, foreclosed homes became an...
Second phase of The Bungalows soon to hit MLS as construction commences
By Jason Boone The eight units in the second phase of the The Bungalows at NorthWest Crossing are about to hit the multiple listing service, which is great news for anyone in the market for a beautiful, sustainable home in a walkable neighborhood. The Bungalows, a condominium project that will...
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 one...
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...
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,...
Could a negative interest rate policy affect Bend’s housing market?
By Jason Boone Negative interest rates have been a hot topic of late among those who follow fiscal policy. (And really, who doesn’t?) This is not without reason. Europe had already delved into negative interest policy when the Bank of Japan decided in January to follow suit. After that, you knew...
Inclusionary zoning will be a hot topic in Oregon this year
By Jason Boone Affordable housing will be a central topic during Oregon’s 2016 legislative session. And inclusionary zoning will be at the forefront. That much is already been made clear in the early weeks of the session. The controversial practice of inclusionary zoning, which requires developers...
Annual Market Report puts strong Bend real estate market into context
By Jason Boone Last year felt momentous in the Bend real estate market. Sales were brisk for the majority of 2015, and with all the development around town, there was a certain palpable energy. But where 2015 actually fit in the greater context of previous years is another matter. The Skjersaa...