Posts with tag 'bend real estate trends'
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26
What Mortgage Rate Are You Waiting For?
You won't find anyone who's going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we've seen in 2024, according to Freddie Mac (see graph below):
21
The Number One Mistake Sellers Are Making: Overpricing Their House
In today's Bend housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest.
Data from Realtor.com shows the number of homeowners realizing this mistake and doi...
12
Bend Premier Real Estate | August 2024 Newsletter
What's in the August 2024 Bend Premier Newsletter?
- Bend Real Estate Sales at a Crossroads
- Avocado Peach Salsa
- August Home Maintenance Checklist
- Hike Cooper Spur on Mt Hood
- Home Inspections for Sellers: How to Prepare
8
Bend Oregon Real Estate | July 2024 Trends
Bend Real Estate Sales at a Crossroads
The data has been published and the trends we have seen for many years for Bend home sales have changed. Instead of seeing home sales prices increasing year over year, in July 2024 home sales prices decreased year over year. This change directly reflects on the increased inventory levels the town has experienced in the last few months. The Covid pandemic resulted in tremendous dema...
19
Inventory Levels Up with Bend Luxury Home Sales
Bend Luxury Home Buyers Have More Options
The figures are out and the first six months of 2024 reflects an increase in Bend homes for sale over $1,000,000. The amount of Bend luxury home inventory is significantly up compared with 2023 and 2022 which leads to more options for the Bend home buyers who can afford a high end home. The days on market are rising and home sellers who really need to sell are recognizing that with more competition, asking price needs to reflect today's market...