We are nearing the peak of the real estate selling season in Bend, Oregon and it looks like it is shaping up to be a good one. Inventory is already out-pacing last year’s numbers which is a good thing but it appears demand is still pressuring prices upward. In Bend we have just under four […]
Homes Sold March 2014
The Central Oregon real estate spring selling season is off to a fast start this year. Inventory has been lagging for most of the last twelve months creating a seller’s market where demand from buyers has given sellers the opportunity to ask higher and higher prices for their homes. Just last March, for example, […]
Homes Sold February 2014
Once again history is repeating itself in the Bend real estate market this year. Historically January is the low point for home sales and February is the low point for inventory. Continuing this trend means that the number of home sales should rise through July and inventory should peak in August. Looking at daily activity […]
Homes Sold January 2014
Big up-tick in Central Oregon pending home sales during January. Last month we talked about the potential of there being a psychological barrier to would-be home buyers created by rising interest rates. After looking at Central Oregon real estate market activity during January that may not be the case. The year-over-year drop in sales during […]
Homes Sold December 2013
Steady as she goes for the Central Oregon real estate market. Steady as she goes seems to be the theme of the Central Oregon real estate market this winter. We aren’t seeing any major moves in home prices or inventory but uncertainty with mortgage interest rates could factor into the market equation over the next […]
Homes Sold November 2013
Update on November home sales activity in the Bend, Oregon real estate market The number of homes for sale in Bend is still reflecting gains made in the spring despite the seasonal decline. Inventory is currently sitting 18 percent above where it was at this time last year with 1,794 homes for sale. If we […]