Posts with tag 'bend real estate'

Bend Single Family Home Sales Trends Changing

Are we getting back to a normal, seasonal adjustment to Bend real estate sales? Typically Bend single family home sales drop off in the fall once children start back to school and regular fall activities resume.  Bend's usual homebuyer in the fall includes retirees, the second home buyer and investors.  However, Bend home sales fall of 2020 did not drop off with homebuyers snapping up available property at amazing levels through the end of October. Sales remained above normal even through the holidays.

As we reported in an earlier blog this year, Bend home sales started shifting from the frantic buying seen over the past 12 months to a more normal level in July, 2021 and this trend has conti...

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What's in the September 2021 Newsletter?

• Bend Real Estate Market - Have We Turned the Corner?
• 4 Things for Homeowners to do in September
• What You Should Do Before Interest Rates Rise
• Pricing Your House
• There's a New Indian Food Cart in Bend

Bend Real Estate Sales Trends Mixed

As we move into Fall, Bend home sales typically slow as those who need to move prior to school starting have already purchased and the normal slight uptick we see in September and October with retirees and second home buyers has not yet begun. In 2021, August single family home sales on less than an acre for Bend reflected a mixed market with prices and new sales up, but closed sales and new homes for sale down. When August 2021 home sales are compared with August 2020, the following changes are seen:

• Average sales price up 18.7% to $776,735*
• Median sales price up 19.8% to $635,063
• New listings up 5.8% to 273
• Homes for sale down 56.1% to 276
• Pending sales up 41.3% to 431
• Sold homes down 23.7% to 232
• Median days on market down 40% to 6
• Months of supply down 64.5% to 1.1 months
• Average price per square foot up 32.2% t...

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Chelsea Will Join Her Mother Sherry as Part of the Ortega Family Network

Real Estate runs in Chelsea's blood with her mother having been an active real estate agent for over 30 years. It is natural that Chelsea would step into the business as part of the Ortega Family Network which has connections in Santa Barbara, California and Maui, Hawaii. Chelsea brings a global perspective to the family real estate network having lived in SE Asia and Australia, teaching yoga and traveling different parts of the world. Living and working in other countries has enabled Chelsea to recognize that housing is such an important need to people around the world and to appreciate and enjoy the excitement of helping clients find a home the fits their lifestyle.

Chelsea was raised in Bend and graduated from Summit High School.  She know...

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For Bend Real Estate sales, 3D Virtual Tours have become an increasingly important tool since the coronavirus outbreak last year. More specifically, homebuyers, sellers, and real estate agents have had to deal with new restrictions and grapple with safety concerns when it comes to exposure to both the original strain of Covid-19, and now also with the even more contagious Delta variant.

Recently both Matterport and Redfin conducted a survey of 1000 home buyers and 1000 home sellers to learn about their current concerns in the home buying and

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