Posts with tag 'Old Mill'
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Bend Makes Another List | 3 Posts
Bend Oregon Real Estate | 2 Posts
Bend Oregon Real Estate Trends | 63 Posts
Bend Premier Real Estate Listings | 1 Posts
Bend Premier Real Estate News | 25 Posts
Bend Real Estate General Information | 126 Posts
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Central Oregon Real Estate | 22 Posts
Central Oregon Real Estate Market Trends | 11 Posts
Fun Real Estate Facts | 1 Posts
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Happenings in Bend | 7 Posts
Luxury Real Estate | 8 Posts
Neighborhoods to See in Bend Oregon | 4 Posts
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Places to See in Central Oregon | 17 Posts
Redmond Oregon Real Estate Trends | 7 Posts
Uncategorized | 3 Posts
Why We Love Central Oregon | 18 Posts
August
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Bend Oregon Real Estate | July 2024 Trends
Bend Real Estate Sales at a Crossroads
The data has been published and the trends we have seen for many years for Bend home sales have changed. Instead of seeing home sales prices increasing year over year, in July 2024 home sales prices decreased year over year. This change directly reflects on the increased inventory levels the town has experienced in the last few months. The Covid pandemic resulted in tremendous dema...
July
15
15
Central Oregon Real Estate Market Trends - 2nd Quarter 2024
Central Oregon Market Trends 2nd Quarter 2024
The Central Oregon real estate 2024 market trends for most of the major urban areas continue to reflect a seller's market in 2nd quarter, although that has changed in La Pine where inventory levels at 7.4 months reflect a buyer's market; Powell Butte and Madras are in a balanced market at 6 months. Although still in a seller's market, inventory is at a level in Bend that hasn't been seen since July, 2015 when the average home price was $391,000 and mortgage interest rates were at 4%.* With more inventory, days on market have also ticked up, but well priced homes can still sell quickly and multiple offers can happen. Bend, Redmond and Sunriver are showing strong upward trends in all categories (the only exception for Bend is the number of homes sold) with home prices, listings, inventory levels and days on market all rising. As we move into 3rd quarter, we expect mortgage interest rates may drop, which could enable more home buyers to afford a Central Oregon home.*Data from Central Oregon MLS, July, 2024.
July
8
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Bend Oregon Real Estate | June 2024 Trends
Bend Home Prices Up as are Inventory Levels
Bend home prices are up year over year but so are inventory levels. The rate of the increase in Bend home prices has dropped, but we are still not experiencing overall reduced home prices. While buyers have more options, mortgage interest rates (just short of 7% as of July 3, 2024) remain high which has limited the buying power for many. July typically is the busiest month of the year for Central Oregon home sales and it remains to be seen whether the combination of high prices and high mortgage interest rates will curtail Bend real estate sales this summer.When June 2024 is compared with June 2023, the following changes for Bend single family home sales on less than an acre can be noted:
June
6
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Bend Oregon Real Estate | May 2024 Trends
What the Puzzling Trends For Bend Home Sales Tell Us
The May 2024 data has been published and it appears that Bend home buyers have more options. Inventory levels are up, but so are prices and overall sales are down. Basic economics tells us that as supply increases, prices should decrease. But right now, the supply of Bend homes has grown along with a slight uptick in home prices with sales significantly down from the year before. Adding to the confus...
May
13
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Bend Premier Real Estate | May 2024 Newsletter
What's in the May 2024 Bend Premier Real Estate Newsletter?
- Bend Home Inventory Levels Rising
- Asparagus and Crab Salad
- To Dos: Your May Home Checklist
- 2024 Bend Oregon Concerts Scheduled
- Builders are Building Smaller Homes
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