Strong Tourism in Bend Helps Vacation Rentals

 

Despite the bad economy, Doug LaPlace the president and CEO of Visit Bend says in an interview with KBNW News that tourism is alive and well in Bend and Central Oregon.  LaPlace says that transient room tax collections have increased for 20 consecutive months when compared with the previous year.  He also says that some months this year have broken historical records for tourism in Bend.  No specifics were given in the interview as to what may be driving these gains but LaPlace does say that he expects annual sporting events and the booming beer brewing industry in Bend to keep Central Oregon a hot destination in 2012.

With so many people coming to Central Oregon don’t you think it makes sense to subsidize your vacations in Bend by owning a vacation rental?  Visit Bend (formerly Bend Visitor and Convention Bureau) estimates that between 1.8 and 2.2 million people come to Bend each year.  This doesn’t even include all the resorts like Sunriver, Black Butte, Brasada, Pronghorn and CrossWater. 

Now is a great time to think about buying a vacation rental for many of the same reasons I have mentioned previously in favor of buying a residential rental.  Prices are low, interest rates are low and rental demand is high.  Right now, in Sunriver alone, there are 237 homes, townhouses and condos for sale ranging in price from $110,000 to $1,599,000.  There is something for everyone.  Stay tuned to this blog because I hope to be able to write about particular house for sale in Sunriver later this week.  I am just waiting for owner approval.  In the mean time, if you just can’t wait and need to know what is available you can search Central Oregon MLS or give us a call at (541)231-4656.  We would be happy to send you a list or take you on a tour of any of the Central Oregon destination resorts.

 

 

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About Dan Seim

Dan Seim is the primary contributor to Preferred Residential's blog. He has been writing about real estate issues that affect home owners in Bend and Central Oregon since 2011.