Tight Rental Market in Bend, Oregon Leads to Rising Rents and Few Vacancies

Over the last three years the Bend rental market has shifted dramatically from one with an ample supply of rentals and moderate demand to one with a shrinking supply of rental units and a growing demand for those units.  Over that time the vacancy rate in Bend went from a reasonable 5.17% to an unbelievable .66% (yes, two […]

Bend Oregon Vacancy Rates Falling According to Survey

The Central Oregon Rental Owners Association (COROA) 2013 annual rental survey has been released documenting a snapshot of rental activity for houses, duplexes, triplexes/fourplexes and apartments for Bend, Redmond and all of Central Oregon. The survey data is provided by rental owners and property managers from Sunriver to Prineville, La Pine to Redmond and Bend […]

Strong Rental Market in Bend, Oregon

Each year the Central Oregon Rental Owners Association (COROA) publishes the results of their annual member survey.  The survey is not scientific but does offer some insight into the Central Oregon rental market.  This year there were 175 responses to the survey compared with 199 in 2010.  Bend, Redmond, Madras, Prineville, La Pine, Sunriver and Sisters […]

Encouraging Numbers for Investors

Following up on a post last week about investors buying more homes.  Freddie Mac issued a press release October 17th that lends some numerical evidence as to why investors are buying more homes.  In that release they refer to Census Bureau numbers reporting a net increase of 1.4 million households that moved into rental housing over […]