-Compared with 2012, there has been an 18% increase in average number of homes sold/month
-Also seen an 18% increase in median sales price, still 30% lower than 2012
-Inventory up almost 30% over average, YTD
-Price reductions in July was over double that of June 2013
Please take a few minutes to watch this breathtaking video of Deb’s beautiful in-house listing in The Highlands at Broken Top. Thank you Outlaw Partners! If you are interested in nearly 15,000 SF & over 10 acres, it can be yours for a cool $11.5 million.
KTVZ is reporting that according to the Federal Housing Finance Agency, U.S. home prices rose 2.1% in the second quarter of the year but the Bend-Redmond metro area more than doubled that at 5.25%. This totals a one year increase of 17% in home prices!! This prompts optimism that the housing & tourism market are coming back & will be here to stay.
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