With the median home price in Bend at an all-time high of $470,000 and the first reduction of the interest rate by the US Federal Reserve in more than a decade, we are getting questions from our clients about the economy and how it may affect their real estate decisions. The most recent data for […]
After reaching an all-time median home price of $466,000, and with an overall increase of activity in May, the most current data we have from June for the Bend real estate market shows the median home price adjusting slightly downward to $445,050 and sales maintaining their brisk pace, with 236 Bend homes selling in June, up […]
Based on new research from the National Association of Realtors, 73% of people believe now is a good time to sell a home in the U.S., and 46% believe that strongly. The newest data for the Bend real estate market seems to support that sentiment, as the number of new listings jumped 44% in May, […]
With the median price of a home in Bend at an all-time high, there are some metrics from the newly-released real estate market trends that indicate buyers are not deterred or reactionary in their search. According to the most current market trends for Bend-area real estate, the median home price is up 4% month-to-month and […]
Happy Spring! Our team is loving the opportunity to embrace whatever weather Mother Nature sends our way, from spring skiing to getting back on the trails here in town, and hope you are, too. Based on the latest market trends, Bend-area real estate is feeling the energy of spring also. Sales of residential homes in […]
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 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 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 […]
