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Fed holds rate steady; what does it mean for Bend real estate market?

by Jason Boone | Sep 26, 2016 | Bend Oregon Real Estate, Mortgage Interest Rates, Mortgage Loan, Mortgages

By Jason Boone Federal Reserve chairwoman Janet Yellen announced this month that the central bank would not raise its benchmark interest rate. What can be read into that for the housing market in Bend, Oregon? First understand that the Fed Funds Rate is used to set...

August median sales price shows further leveling

by Jason Boone | Sep 14, 2016 | Bend Oregon Real Estate, Real Estate News

By Jason Boone In my review of May’s home sales data in Bend, Oregon, I suggested that the market might have been reaching a peak. The figures for the three months since seem to support that theory. The median sales price of a home in August was $359,000. That...

August median sales price shows further leveling off

by Jason Boone | Sep 13, 2016 | Bend Oregon Home Prices, Bend Oregon Home Sales, Bend Oregon Real Estate

By Jason Boone In my review of May’s home sales data in Bend, Oregon, I suggested that the market might have been reaching a peak. The figures for the three months since seem to support that theory. The median sales price of a home in August was $359,000. That...

Expansion of city boundary won’t result in new homes over night

by Jason Boone | Sep 8, 2016 | Bend Oregon Real Estate

By Jason Boone With the city of Bend, Oregon, making progress toward an expansion of its urban growth boundary, some observers of the real estate scene might think that the market for homes — both owner-occupied and rental — will relax from the last couple...

How the ‘Brexit’ vote affected mortgage rates in the U.S.

by Jason Boone | Jul 1, 2016 | Bend Oregon Real Estate, Mortgage Interest Rates, Mortgages

By Jason Boone Voters in Great Britain helped make home ownership more affordable for buyers in the United States. The effect isn’t huge, but it’s there. The late-June “Brexit” referendum, which came down on the side of Britain leaving the European Union, had an...

Tour of Homes demonstrates high-end properties are in demand

by Jason Boone | Jun 23, 2016 | Bend Oregon Real Estate, Real Estate News

By Jason Boone What can the annual Central Oregon Tour of Homes tell us about the real estate market of Bend, Oregon? In addition to offering home-buyers a chance to see what local builders provide, the profile of the homes on display might furnish insight about the...
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