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Inventory Levels Less Than a Month for Bend Oregon Real EstateThe October 2020 figures have been published for Bend single family home sales on less than an acre. The results continue the trends we have been experiencing this year - recording breaking low inventory, record breaking demand and rec...
I have been fortunate to be interviewed periodically on real estate trends and issues in Central Oregon. Two days ago a local reporter asked me on camera what was happening with Covid and Bend Oregon real estate. Here is the link to the interview: Interview of Central Oregon - Bend Real Estate M...
Lack of Inventory Impacting High End Home Sales in Bend As is the case in all of Bend real estate, Bend luxury homes are also suffering from a lack of inventory. Since our last post in July, 2020 exclusively looking at the high end market, Bend homes sales over $1,000,000 on less than an acre ha...
Bend Continues to Lack Homes to SellThis summer has seen some of the biggest increases in Bend home values coupled with the greatest demand. Multiple offers driving home prices up, far more buyers than available properties, and low interest rates have all contributed to our current Bend real esta...
Tumalo Falls is a Popular Visitor AttractionTumalo Falls has always been a destination for people visiting Central Oregon. The short drive out of Bend followed by a short walk can give tourists the opportunity to see a beautiful local waterfall and the location of roughly 1/2 of Bend's water supp...
Bend Home Sales Are Breaking RecordsThe Bend single family residential sales trends that we saw in July continued into August with record breaking prices, low inventory levels, and a large uptick in pending sales contracts greatly impacting the Bend real estate market. Lack of inventory remains ...
Luxury Home Buyers Have Found Bend Oregon We have been tracking Bend real estate sales for decades, but the summer of 2020 has provided for high end home sales that have never been seen before in the Bend market. High end homes have been part of Bend real estate since the early part of last centu...
Bend Home Sales in July AmazingWe have been involved with Central Oregon real estate sales since 2000, and despite the boom and bust years, 2020 has proven, year to date, to be among the most phenomenal years we have ever seen - with July the pinnacle so far.Ask any Bend real estate agent what is...
Ever since coming out from the housing recession, the value of Bend single family homes on less than an acre has increased. From an average sales price of $230,000 in spring of 2011, Bend home values have gone up to exceed $547,000 June 2020. During the same time, the months of inventory have d...
The June 2020 MLS figures have been published and it is clear that a lack of inventory is greatly impacting Bend home sales. Ever since coming out of the great recession, we have been in a seller's market with less than six months supply of homes. However, despite the Covid-19 pandemic (or perha...
The May 2020 real estate sales figures have been published and the second full month of the Covid-19 pandemic and its subsequent impact on the Bend economy is over. Contrary to the thought process of many, Bend single family real estate sales were extremely strong in May. The biggest limitation t...
Joni Mitchell paints a lovely picture of idealism versus reality when she wrote the song; Both Sides Now. Some of us look at clouds with such wonder and optimism... like ice cream castles in the air. Others look at clouds as blocking the sun; raining and snowing on everyone. Recently, I had a ...
The first full month of the Covid-19 pandemic impacted Bend single family homes with sales significantly down over the same month in 2019. Some buyers lost jobs which in turn kept them from qualifying for their mortgage. In other cases, sellers took their homes off the market not feeling confiden...
Mortgage rates have dipped to a record low for the second time in as many months since the Covid-19 pandemic began. The 30-year fixed-rate mortgage dropped to an average of 3.23% during the week ending April 30, a decrease of 10 basis points from the previous week, according to Freddie Mac. This...
Culture is a paramount piece of the Central Oregon community. During this temporary shut down it may feel like our community is losing its culture, but this situation is just challenging us to build something new. Here at Bend Premier Real Estate, we see the affects that COVID-19 is having on our...
Jackson's Corner Offers Two Great Date Night Meals Date night is such an important part of relationships. It's time that is actively allocated to spend with those that bring joy to your life. Don’t let this quarantine dull your connection. Whether it's making a meal at home together, or dining to...
Miyagi Ramen Has Great Food at Great PricesIn our ongoing effort to support local restaurants which are struggling during the Covid-19 restrictions, Bend Premier Real Estate Brokers are focusing on Miyagi Ramen this week.Located in the Box Factory on Industrial Way near the Old Mill Shopping Cent...
Need a Caffeine Fix Today? During this quarantine it is essential to practice CDC safety guidelines, but does that mean your coffee options are restricted? Definitely NOT! Below are a few coffee establishments in Bend that are still open for take-out and bean orders. Help support local businesse...
It's not often that we experience the luxury of time standing still. The COVID-19 pandemic has provided a glimpse of what the world feels like on pause. Is it a blessing, or a curse? Or perhaps both?!Our family experienced a very personal pause 1.5 years ago when my hubby was diagnosed with a ...
Adopt a Bend Oregon Restaurant - This Week Chomp ChompWe love Bend! Part of the Bend culture is the variety of places to eat and socialize. With all of Bend's restaurants shut down and only open for take out due to Covid-19 restrictions, we need to support them however possible. Each week Bend P...
