My Blog About the Bend Real Estate Market and General Real Estate Ramblings

(Sold on 1/29/2010 for $141,240) This home was built in 1922 and has been beautifully updated. It has 2 bedrooms/1 bath and 866 sq. ft. and sits on a fully fenced corner lot. You've probably driven past this house several times as it sits on the corner of 15th and Newport Ave. in northwest Bend. ...

November was a great month for sales. There were 1210 homes for sale, 216 contingent sales, 288 sales pending, and 203 homes sold. The median sales price was $235,500. Compare these numbers to November 2008 when we had 1961 homes for sale, 59 contingent sales, 126 sales pending, and 69 homes sold...

Loreena Yeo posted a great summary of the standardized good faith estimate lenders will be required to provide as of January 1, 2010. This should make it easier for consumers to comparison shop for home loans.For the longest time, there was no standardization in good faith estimates presented by ...

A recent article in The Bulletin indicates that the local real estate market may be shaping up for recovery. The number of homes for sale is roughly 50% off its peak of August 2007. Low home prices, low interest rates, and the tax credit incentive  have all contributed to the increase in home sal...

During the month of October there were 1275 homes for sale, 239 contingent sales, 352 homes pending, and 210 sales. The inventory is down and the sales are up compared to the last few months. In fact, the last time we saw this many sales in one month was towards the end of August 2006 when the ma...

Each quarter the MLS compiles year to date sales statistics that compare the current market to previous years. The 3rd quarter statistics have been released. The MLS breaks the statistics into groups including single family homes, townhomes/condos, manufactured homes, single family homes on acrea...

This Italian inspired home in Pronghorn was originally listed at $2,695,000 in May 2008. It features a gourmet kitchen with Amarillo Pearl granite, off-white cabinetry, bronze fixtures, travertine tile, wine storage and an adjacent formal dining room. The great room has exposed beams, a gas firep...

During the month of September there were 1543 homes for sale, 264 contingent sales, 328 homes pending, and 173 homes sold. Sales were up in September compared to August but the number that really stood out to me was the number of homes pending. Pending sales are way up. I think it's probably firs...

I'm a very regular listener of OPB radio. My radio alarm clock is set to OPB and it's a programmed station in my car. Button number 1 in fact. As you can imagine, I was more than flattered when the executive producer of Think Out Loud, Sarah Rothenfluch, called me to invite me to be on the show a...

There are currently 1546 active listings, 236 contingent sales, 211 homes pending, and 153 homes sold in August 2009. The median sales price is $225,000. I think it’s interesting that there are 326 homes for sale under $200,000 yet that’s not the most active segment of the market. The majority of...