November housing data moderates in Bend as winter approaches
By Jason Boone The residential real estate market in Bend, Oregon tends to slow during the winter months. Typically beginning in November, the colder weather combined with the holiday season often sends potential home buyers and sellers into temporary hibernation, leading to fewer new listings and...
Vacation rentals can be a good investment, but new rules in Bend require caution
By Jason Boone Buying a rental property can be a wise investment for many, providing extra income for years to come. And the temptation to become a landlord right now is clear. The Bend rental market dramatically favors landlords at the moment, with a historically tight rental market and vacancy...
Key signs suggest that we are not in another real estate bubble
By Jason Boone Home values have grown significantly since the depths of the Great Recession. There is no denying that. Here in Bend, Oregon, the monthly median price has grown from a monthly low of $166,000 in November 2011 to $339,950 in October. For anyone who lived through the tumultuous times...
NorthWest Crossing neighborhood enjoying a strong home sales year
By Jason Boone By most any measure this has been a very good year at NorthWest Crossing, easily among the most talked about neighborhoods in Bend, Oregon. For those of us who live in town, we know the buzz that has surrounded the unique live-work development on Bend’s westside for years. The...
New projects going up around OId Mill District
By Jason Boone One need not drive around town for long to realize that Bend, Oregon is changing. In fact, Bend is among the fastest growing metropolitan areas in the nation, according to the U.S. Census Bureau. Such growth is nothing new in this charming city on Oregon’s High Desert. Bend has long...
Bend median home price stays strong in October
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....
Fewer foreclosures point to stabilized market
By Jason Boone Not long ago it seemed there was a reward for those who chose to wait on the sidelines of the real estate market. The housing boom had gone bust, and downward pressure was created as more and more foreclosures hit the market. Thankfully, those scary days of the Great Recession are...
Buying a home rather than renting still the prudent choice for many
By Jason Boone To rent or buy a home is an age-old question. It also happens to be among the most important financial decisions anyone can make. The real estate market in Bend, Oregon, has continued to show strength since the Great Recession has relented. Meanwhile, renting in Central Oregon has...
The Bungalows at NorthWest Crossing walkable, sustainable and beautiful
By Jason Boone The trend in real estate for years has been to build smaller, greener homes in walkable neighborhoods. In fact, in a recent Urban Land Institute survey a majority of Americans expressed a desire to live in compact and mixed-use communities and half of respondents listed walkability...
New forms are easier, but homebuyers should know more about TRID
By Jason Boone Before buying real estate in Bend, Oregon, it’s helpful for a prospective buyer to know more about some important documentation changes. The TILA-RESPA Integrated Disclosure, or TRID, is a mouthful for most anyone to say. But what might be difficult to say (the government is...