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Concerns over the spread of Covid 19 have quickly changed how we conduct real estate sales in Central Oregon over the past few weeks. Shelter in place, social distancing, travel constraints, economic concerns, social changes, and just an overall fear of catching the coronavirus has really impacted human behavior. As a result, we are seeing two distinctly different groups here at Bend Premier Real Estate when it comes to real estate transactions.
The first group was the first to emerge as soon as the panic set in. With predictions of massive layoffs and record unemployment, we started to hear concerns of potential job loses and uncertainty...
With the outbreak of the coronavirus worldwide, which has sickened thousands and created panic and uncertainty in our stock market, we are left to question if the effects will extend to the US real estate market, and more specifically to our local Central Oregon real estate market.

Mortgage Interest Rates have already fallen to new record lows (3.29% as of March 5th) as investors are taking money out of the volatile stock market and putting it into safer US Treasury Bonds. Historically, when bonds are strong, mortgage rates go down.

At a recent luncheon, all Bend Premier Real Estate brokers were honored with additional acknowledgment provided to those who stood out with their real estate sales in 2019:
The Pattie & Megan Serbus team was also acknowledged as a top producer.
Recognition was also given to the top 10 in total sales in 2020:
We wish you and all your friends and family the most joyous holiday season.

Bend Premier Broker Jack Zika was installed as the new COAR president at the COAR holiday party on December 13th, 2019. Besides being the new COAR president, Jack serves Oregon as the state representative of District 53 which covers much of Deschutes County, including Redmond. The Central Oregon Association of Realtors is fortunate to have such a influential person serving as president during 2020.
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