The last couple of weeks have seen mortgage interest rates increase about .5%. As a home buyer, how does this affect you? Here are a few scenarios: A loan amount of $250,000: Buyers can expect to pay right around $70 per month more for the same home a month ago and that $70 more per…Details
January saw a rise in the median home price in Bend to $410,000. Homes sold in January were on the market for an average of 110 days and there were 142 residential home sales recorded for the month. CLICK HERE to see a full review of Central Oregon Real Estate Statistics for the month.
WHATS GOING ON WITH THE HOUSING MARKET AND THE ECONOMY??
The United States
1. Let’s take a look at the latest report on new US residential sales from the US Census Bureau.
• Sales beat expectations, hitting the highest level in a decade (see below).
Bend is bustling with activity all year round – even when the leaves turn and the weather cools. If you are thinking of visiting during the months of October and November, take a look at just some of your entertainment options here!
From hiking to enjoying your favorite cup of coffee, it’s easy to take advantage of the fall season and everything it offers. Here are a few activities to enjoy the cooler weather, beautiful scenery, and the great community around Central Oregon. Oktoberfest To kickoff the fall season, Bend is holding it’s annual Oktoberfest on September 15th &…Details
Unfortunately currently, as of 8.29.17 Central Oregon is on fire – and not due to our hot real estate market. New fires seem to be cropping up every day or two and smoke is clouding our typically clear blue skies. This image was captured on an afternoon when the river would typically be bustling with…Details
REPORTED IN THE BULLETIN TODAY: Sarah Pool and Crystal Neff own two vacation-rental properties near downtown Bend, and as they expand their portfolio, they’re investing in houses that one might not expect to draw tourists. Their latest is a newly built three-bedroom house with four-car garage on SE Reed Market Road, a busy east-west thoroughfare.…Details
There are several ways in which parties can hold title to property in Oregon and it is important for you as a Buyer to know your options about how title may be vested to ensure your best interests are being served. The 3 most common are: TENANCY IN COMMON Each tenant in common shares an undivided percentage…Details