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!!
Category: Market Trends
Government Shutdown Impacts Builder Confidence
October 18, 2013 – 8:18 pm
Both builders & consumers have been shaken by a combination of increased mortgage rates, the government shutdown & the debt limit debacle. Single-family home builder confidence is at its lowest level in four months, but ironically, overall optimism relatively high. It is also important to note that interest rates are still incredibly low, relative to historic levels. Read the full article at worldpropertychannel.com
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Bend, OR on List of Improving Markets Index
September 30, 2013 – 6:05 pm
Bend, OR is #203 out of 291 on National Association of Home Builders/First American’s Improving Markets Index. These figures are based on three sets of data: employment growth, home price growth & single-family housing growth. This article has a link to a spreadsheet of all 291 markets.
