Posts with tag 'bend real estate trends'
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Bend Premier Real Estate | October 2022 Newsletter
What's in the October, 2022 Newsletter?
- The Brakes Have Been Hit with Bend Home Sales
- Fun Facts You May Not Know About Halloween
- Horrifying Design Trends 2022
- The Journey to Buy a Home
10
Bend Oregon Real Estate | September 2022 Trends
The Brakes Are On With Bend Real Estate Sales
Ask any real estate agent across the country about the current state of the market, they will tell you things have changed dramatically since earlier in the year. Ask a Bend Premier Real Estate Broker about the local market, they will tell you that it is as if the brakes have been hit stopping a jet plane. The fed's increase in interest rates is being done to curtail inflation. When it comes to the housing industry, this tightening is working. Bend home sales are falling, days on market are rising, yet home prices are still up. Mortgage interest rates are now approaching 7% for a 30 year fixed, a figure which hasn't been seen since 2002. Each percentage increase in interest rates reduces homebuyer's buying power by 10-12%. As the number of pending...
12
Bend Premier Real Estate | September 2022 Newsletter
What's in the September 2022 Newsletter?
- Number of Bend Home Listings Down
- Canyon Meadow Loop and Three Fingered Jack Hike
- Prep Your Home for the Season
- Here's Why its Still a Seller's Market
9
Bend Oregon Real Estate | August 2022 Trends
The Number of Bend Homes for Sale is Down
We have been tracking Bend single family home sales for many years, looking at the trends, how home prices rise or fall, what the changes are in price per square foot, median and average sales price, months of inventory and days on market. We have consistently compared one month to the same month the year previously in order to follow the long term changes instead of potential anomalies that can occur over a short time period. We have watched and recorded that happened to the Bend home market when the market crashed with the housing recession. And we have watched and recorded the latest changes that happened when the Covid-19 pandemic and subsequent stay-at-home orders made Americans realize that home meant a whole lot more than it had in the past & lifestyle was more important than an easy commute to the office.
Sometimes, however, it is good to look at the trends over many months to get a...
12
Bend Premier Real Estate | August 2022 Newsletter
What's in the August 2022 Newsletter?
- The Bend Real Estate Market is in Transition
- Green Lakes Hike - Toughest Ticket in Town
- Your August Home Checklist
- Housing Market Forecast for the Rest of 2022