Preferred Residential

The Bend and Central Oregon real estate market continues to improve. The month of April brought with it a nice increase in the number of homes for sale.  The number of homes listed for sale jumped by 147 from 1413 to 1560.  That is the largest monthly gain since June 2011 when there were 2369 [… Read More]

  Address:  1352 NW Albany, Bend, Oregon 97701 Price:  $399,000 Square Feet:  1850 Bedrooms:  4 Bathrooms:  2.75 Acres:  .13                   This house for sale in the heart of the West Side of Bend is just where you want to be.  Not only does this home have 4 [… Read More]

When house prices are rising flipping houses becomes more popular to investors.  Lately at Preferred Residential we are seeing more real estate investors coming into the real estate market with the intent of flipping.  House flipping is defined as buying and selling a property within a six month period. There are some inherent dangers in [… Read More]

Now is a good time to sell your house according to a new survey by Redfin, a Seattle based online brokerage.  Of the nearly 2,000 home owners surveyed this month, 45 percent said that now is a good time to sell a home.  That is double the number of home owners who said it was [… Read More]

NorthWest Crossing, Bend, Oregon (PRWEB) April 24, 2013 NorthWest Crossing, a mixed-use neighborhood on Bend’s west side, is featured in a brand-new book by Simmons Buntin and Ken Pirie called Unsprawl: Remixing Spaces as Places. The book, released last month by Planetizen Press, highlights twelve communities that were developed as innovative alternatives to urban sprawl. NorthWest Crossing was [… Read More]

Address:  17020 Milky Way, Bend, Oregon 97707 Price:  $239,900 Square Feet:  1624 Bedrooms:  4 Bathrooms:  3 Acres:  .57               Start making memories today! Have you been looking for that perfect second home for weekend get-a-ways? This beautiful home situated in the trees has everything you’ve been looking for. Enjoy [… Read More]

How important is median price when it comes to determining the value of your home?  The answer is:  Not at all.  It is a good indicator of what is happening in the real estate market as a whole but not for your house specifically.  For most people a short article in the Bend Bulletin about [… Read More]

Bend Oregon Homeowners:  The Bend and Central Oregon real estate markets have reached “Sellers Market” status. How is that, you ask?  Take a look at the chart to the left.  For about a year now, in my monthly Homes Sold posts, I have been talking about how low inventory is.  The low number of homes for [… Read More]

Address:  1472 NW Portland Ave., Bend, Oregon 97701 Price:  $269,000 Square Feet:  1757 Bedrooms:  3 Bathrooms:  2.5 Acres:  .28           This classic Westside home has a little something for everyone, especially the great location. There’s an office with its own entrance and half bath on the back side of the house. [… Read More]

It appears inventory has finally hit bottom.                     We first suggested back in September 2012 that the Bend real estate market was headed toward having bare cupboards this winter if it stayed the course it was on.  Well, nothing changed and not only did the number [… Read More]