An upturn for Bend real estate

by admin on July 14, 2011

 

AN UPTURN FOR BEND REAL ESTATE?

 7-14-11

In our recent Bend Oregon real estate newsletter we reported some positive indicators for the real estate market here in Bend and Central Oregon. Lower inventory, uptick in median prices and a decrease in default notices. Shortly after writing our newsletter Case Shiller Indexes reported that now was the time to buy Bend Oregon real estate. They have projected a annual growth rate of 11.7% starting after the 3rd quarter of 2011 until 2016. Case Shiller also named Bend Oregon #2 in growth behind Carson City Nevada’s 11.9% rate. Another local source has pointed out that the Bend real estate market has returned to normal. Meaning we have returned to a level that existed prior to the boom years of 2004-2006. Statistics indicate we are at the same levels we were in 2002 -2004.  Home sales are holding steady and in some categories have slightly increased. We hope those who are interested in investing or relocating to Bend will take advantage of the waning buyers market. It seems the final days of rock bottom pricing are here.

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Bend R.E. Opportunities

by admin on June 24, 2011

Bend Real Estate Opportunities

6-24-11

Bend is not the only place in Central Oregon for excellent real estate opportunities. Other cities lake Redmond and Terrebonne can also provide investors, retirees and others homes at very low prices. In Jefferson County, Madras can be a great place to start investing in Central Oregon. Prices are much lower than in Bend. Prineville, the third largest city in Central Oregon, has more to offer than most buyers think. LaPine in south Deschutes County is a great area in Central Oregon for those looking to buy a home or investment close to all the outdoor recreation Central Oregon has to offer. Three Rivers South, near Sunriver Resort, has a large amount of recreation for the “want to be” home owner at very affordable prices. If being near the Cascade Mountains is your style check into Sisters. The town is a favorite stop for travelers from the Willamette Valley as they emerge from the Santiam pass. Numerous resorts like Eagle Crest, Sunriver, Caldera Springs, Brasada Ranch, and Pronghorn have great real estate deals waiting for the vacation home buyer, investor or a primary residence for those relocating to the Bend Oregon area. All the areas mentioned above surround Bend and are just a short drive to the downtown area. You can’t compare these cities, resorts or areas to Bend. At 77,000 in population Bend dwarfs them all. Bend also is the main attraction in Central Oregon having everything a person could ever want. The economic downturn has made real estate in Bend Oregon and all of Central Oregon very affordable. If you can’t find that dream property in Bend, don’t stop shopping. See what’s available in the rest of Central Oregon.

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Bend Default Notices

May 17, 2011

Bend Default Notices Increase in April
5-17-11
Is more distressed property for sale in Bend and Dechutes County on the horizon? Judging by increase in default notices filed in April the answer would have to be yes. The sudden rise in defaults can be attributed to the resumption of foreclosures by lenders who choose to put the [...]

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New Bend MLS Search

May 2, 2011

New Bend MLS Search
5-2-11
There is a new and exciting way to search the MLS for real estate in Bend Oregon. It’s our Advanced MLS Map Search. This new search has all the information as the existing one and more. The most noticeable addition is the interactive map feature that pinpoints where each of your listings [...]

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Bend Building Permits Increase

April 21, 2011

 
Bend Building Permits Increase
4-21-11
For some time now new homes for sale in Bend Oregon have been nearly non existent. It appears that may be changing soon. Bend single family home building permit applications were up 45% from the same period last year. Though the number is encouraging it’s a far cry from the numbers we [...]

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Bend Top Retirement Place

April 11, 2011

Bend Top Retirement Place
Once again Bend has been named a top retirement area. This time by Retirement Magazine in their May/June issue. The vibrant Downtown and Old Mill Districts attract those who must have big city convenience, health care, shopping and other amenities. The mountains, lakes, rivers, sun, snow and an abundance of public land [...]

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Traditional Bend Listings

April 10, 2011

Traditional Bend property listings
We recently received the Bend and Central Oregon real estate statistics for March. There was an increase in sales and also inventory. (Read more in our April  Bend real estate newsletter). Once again distressed home sales were the bulk of those closed transactions. The overwhelming majority of those sales were under $200k. It [...]

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Bend Investments

April 8, 2011

Bend Investment Time
Investing in Bend area homes for rental purposes has become very attractive. A recent survey of Bend and Redmond homes and apartments shows an increase in monthly rental rates. The economy was cited for the increases and the fall in vacancy rates. More people are choosing to rent than buy and homeowners who [...]

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Bend Relocation Real Estate Tourism

April 1, 2011

Bend Relocation, Real Estate and Tourism
Does Bend and Central Oregon tourism effect relocation and real estate? It’s no secret to those who live, work and play in the Bend area, YES. Simply put, this a great place to live and our visitors quickly discover that. Bend has grown dramaticly over the last ten years. It all [...]

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Bend R.E. market update

March 28, 2011

Bend real estate market update
At this time real estate in Bend and Central Oregon is still being influenced by the distressed property sector of the market. The entire area, including the resort portion of the market, has been affected by the endless supply of distressed properties for sale. There is no city, town or resort [...]

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