Posts with tag 'bend oregon real estate'
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 73 Posts
- 2025 | 103 Posts
- 2024 | 110 Posts
- 2023 | 72 Posts
- 2022 | 52 Posts
- 2021 | 70 Posts
- 2020 | 84 Posts
- 2019 | 38 Posts
- 2018 | 48 Posts
- 2017 | 39 Posts
- 2016 | 31 Posts
- 2015 | 10 Posts
7
Bend Oregon Real Estate | September 2024 Trends
Bend Home Sales Up With More Inventory and Lower Mortgage Rates
It appears that the tide has turned and Bend home buyers are now experiencing lower prices, more choices with more inventory, and better interests rates. This has enabled more buyers to enter the market and more sellers to have confidence listing their home, knowing that their replacement property will cost less than it did just six months ago. This has generated more early fall business than we normally see and a more balanced Bend real estate market.
When September 2024 is compared with September 2023, the following changes to Bend home sales can be noted:
- Average sales price down 11.3% to $837,153*
- Median sales price down 4...
3
Secrets To Selling Your Bend Home Quickly
Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today.
According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years (see graph below):
A recent post from
12
Bend Premier Real Estate | September 2024 Newsletter
What's in the September 2024 Bend Premier Real Estate Newsletter?
- Are Lower Mortgage Rates Spurring Bend Sales?
- Summertime Fruit Salad
- 10 Things to Do in September
- Take the Climbers Trail to Middle Sister
- Early Forecasts for the 2025 Housing Market
6
Bend Oregon Real Estate | August 2024 Trends
Are Lower Mortgage Interest Rates Spurring Bend Real Estate Sales?
Mortgage interest rates have come down to their lowest rate in a year with the 30 year mortgage now at 6.35%. This has made a difference in both the buying and selling side of Bend home sales with buyers now being able to afford more than they could just a few months ago and sellers, who have been sitting on the fence on whether or not they wanted to give up their great mortgage rate for a new, higher one on a different home, feeling comfortable enough to at last list their home. We are seeing more listings...
29
Are We Heading into a Balanced Market?
If you've been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here's a breakdown of what you need to know.
What Is a Balanced Market?
A balanced market is generally defined as a market with about a five-to-seven-month supply of homes available for sale. In this type of market, neither buyers nor sellers have a clear advantage. Prices tend to stabilize, and there's a healthier number of