by Jason Boone | May 7, 2019 | Bend Oregon Real Estate, Real Estate News
The fundamental theme of Economics 101 – supply and demand – was evident in the Bend, Oregon, real estate market in April. The number of homes for sale was near a post-recession low, and the consistent push by buyers to be part of the Bend market continued apace,...
by Jason Boone | Apr 9, 2019 | Bend Oregon Real Estate, Real Estate News
A considerable month-over-month increase in homes sold in March was accompanied by an increase in the median sales price, and those were only two of the data points providing evidence that the Bend, Oregon, real estate market remains attractive to buyers and in an...
by Jason Boone | Mar 13, 2019 | Bend Oregon Real Estate, Real Estate News
The median sales price of a home in Bend, Oregon, declined in February from the previous month but still registered a 4.9 percent year-over-year increase. February’s median price was $430,000, 4.1 percent less than the $448,500 seen in January. History shows that a...
by Jason Boone | Jan 25, 2019 | Bend Oregon Real Estate, Real Estate News
Finding decent and reasonably priced rental housing in Bend can be a challenge. In 2017, the rental vacancy rate in Bend was 2.63 percent, compared with 6.18 percent for all of the United States. For anyone familiar with the law of supply and demand, a scarcity of...
by Jason Boone | Jan 8, 2019 | Bend Oregon Real Estate, Real Estate News
Given the Bend, Oregon, real estate market – characterized by six consecutive months of a median sales price of at least $425,000, an inventory of homes for sale that tilts toward sellers, and an average sales price to list price that rarely dips below 99 percent – it...
by Jason Boone | Dec 18, 2018 | Bend Oregon Real Estate, Real Estate News
Sales activity in the Bend, Oregon, residential real estate market slowed in November compared with the several months prior, but the demand for homes in the area still produced a very slight increase in the median sales price from the previous month. November’s...