Deb Tebbs Group

Cascade Sotheby's International Realty

Category: Bend Real Estate

Is Now Still A Great Time To Buy A Bend Oregon Home? The Answer Is Yes

By Deb Tebbs Group

BEND – Mark Twain once said: “The reports of my death have been greatly exaggerated” and the same can be said about the death of home ownership in 2015 because, it’s still a great time to buy a Bend Oregon home for many reasons including the following.

#1 – Low Mortgage Interest Rates

This year we’ve seen mortgage interest rates hover near 4 percent, or lower, and in spite of the rumor about interest rates increasing we haven’t seen that happen yet and some analysts feel that mortgage interest rates will not increase significantly until the end of the year or beyond.

#2 – Many Mortgage Options

Besides low mortgage interest rates in 2015 there are also more mortgage options than ever before including: HUD, FHA, USDA and VA Loans which make home ownership affordable for just about every home buyer.

#3 – More Inventory

Across Bend we’ve seen the construction of more homes in communities across town plus the development of land in Bend for future communities.

Right now you can find many new homes across Bend which were built by companies like Pahlisch Homes and Hayden Homes with prices ranging in price from $242,990 (Pettigrew Place) to $495,000 (The Bridges at Shadow Glen).

Besides more new home inventory there are also plenty of existing homes for sale in Bend, Sunriver, Redmond and other Central Oregon communities.

#4 – Sellers Ready To Sell

Now that we’ve reached the top of the Real Estate market in Bend there are more sellers who are planning on selling their Bend Oregon Homes now than ever before.

If you plan on buying a home in Bend in the coming months make sure get pre-approved for a mortgage loan and know exactly what you’re searching for in a home before you start your home search.

Doing these two things will help us to find the right home for you, and enable you to move quickly once you find the right Bend Oregon Home that you will really love.

Buy a Bend Oregon Home

For more news about the Real Estate Market, or to buy a Bend Oregon Home, contact the Deb Tebbs Group today by calling us at (541) 323-4823.

Share this article

Suttle Lake – Top 10 Lake Vacations

Our listing, the Lodge at Suttle Lake, made Sunset Magazines list of Top 10 Lake Vacations. Specifically, it was named “Best for a Romantic Splurge“. Call Deb at 541.419.4553 to learn how to see how to make this top 10 spot yours or check out more details for it under the Featured Properties tab!

Share this article

Bend Median Home Prices Up

According to the Bratton Appraisal Group, Bend, Oregon median home prices are up to their highest level in 5 years!  The figures rose $33,000 in just one month – from $265,000 in August to $298,000 in September.  The last time numbers near this were seen was in June of 2008.  Additionally, Bend has seen 5 consecutive months of home sales over 200 & prior to that, numbers north of 200 hadn’t been seen since 2006.  Things continue to look up for Bend & its real estate!!

Share this article