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Millennials: Owning home can be part of wealth-building strategy

by Jason Boone | Oct 30, 2017 | Bend Oregon Home Buyer, Bend Oregon Real Estate, Buy vs. Rent

Nearly 10 years old, the implosion of the U.S. housing market created wounds that still bear scars. One of the byproducts from that period was a general decline in homeownership. Every age category below those 65 years old shows fewer people owning their homes. Those...

Median sales price in Bend inches up to another record

by Jason Boone | Oct 13, 2017 | Bend Home Sales, Bend Oregon Home Prices, Bend Oregon Real Estate

The residential real estate market in Bend, Oregon, continued in September to reach new heights for sales prices, but the increases remained modest. In September, for the fourth month in a row, the median sales price of a home in Bend reached a record high. Although...

Bend homes set third straight monthly record

by Jason Boone | Sep 12, 2017 | Bend Oregon Home Prices, Bend Oregon Real Estate

The median sales price of Bend homes hit another record high in August — barely. It marked the third month in a row the median sales figure established a record. At $414,000, the median sales price in August was $1,500 (0.4 percent) higher than July’s amount....

Amid another record sales figure, buyers push back

by Jason Boone | Aug 8, 2017 | Bend Home Sales, Bend Oregon Real Estate, Real Estate News

The median sales price of a home in Bend, Oregon, set another record in July, the second month in a row that figure has reached unprecedented levels. But along with the rising median sales price came evidence that the market is highly competitive and buyers are...

ARM vs. fixed-rate loan: Which is right for you?

by Jason Boone | Aug 1, 2017 | Bend Oregon Real Estate, Home Buying, Mortgage Interest Rates, Mortgage Loan, Mortgages

Even though interest rates for traditional 30-year mortgages are near the lowest on record, some home buyers in Bend, Oregon, take on adjustable-rate mortgages, or ARMs. These loans start, for a predetermined time, with an interest rate even lower than that of a...

Record for median sales price in June; $400K mark exceeded

by Jason Boone | Jul 12, 2017 | Bend Home Sales, Bend Oregon Real Estate

Back-to-back months of declines in the median sales price of homes in Bend, Oregon, ended in June: The median price was $409,000 – a record for the 10-plus years for which the Skjersaa Group has data and the first time in that period that the median price has reached...
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