By Jason Boone The median price of homes sold in Bend, Oregon, in May was the second-highest in the last 10 years, but there are signs that prices might be nearing or at a peak. At $374,000, the median sales price in May 2016 trailed only that of May 2007 ($396,250) in the time span […]
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 compiled by the Skjersaa […]
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 Group. That is down […]
By Jason Boone So much for freezing the Bend real estate market this winter. In fact, the local market pretty much started 2016 in the same way it ended 2015: with a record-breaking month. According to data recently compiled by the Skjersaa Group, 155 homes were sold through January. That might not sound like much, […]
By Jason Boone What was already an impressive year in 2015 ended on a particular high note in December. In fact, an almost shocking number of homes were sold during the last month of 2015, pushing the year into record-breaking territory. How good of a month was it? Through the month of December 214 homes […]
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 the whittling down of inventory. November 2015 was no […]
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. The year-to-date median — the number where […]
By Jason Boone BEND – Thanks to the recent CoreLogic Price Index Report we know that the Real Estate market had huge growth in May 2015 as home prices rose 6.3 percent, year-over-year, while the mortgage interest rate for a 30-year fixed mortgage loan remained below 4 percent. Great Time to Buy a Home Right […]
By Jason Boone As of today home buyers who choose FHA mortgages can expect to pay an upfront fee of 1.75% to the FHA and 1.35% for their Mortgage Insurance Premium. With home prices going up in Oregon and across the United States many Realtor’s and economists feel that FHA mortgages are becoming less affordable […]
By Jason Boone It’s been a busy year for Real Estate as home values have appreciated in almost every market across the United States but the question is how much have home prices increased and how does this affect you? In today’s post we will cover home appreciation so you’re aware of price increases in […]