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

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78 homes sold in January (compared to 77 in December), 126 are pending, 65 are contingent, and 1830 are currently for sale. Surprisingly there are more homes on the market than there were in December. None of the three homes that are pending in the higher price range are newly pending. In the $95...
Today was a day for statistics, a class I didn't particularly enjoy in college. Real estate statistics are a breath of fresh air compared to epidemiological statistics. How is the Bend real estate market? Well, that depends on whether you are a buyer or a seller. If you're a buyer, our inventory ...
Pronghorn was recently recognized as America's finest golf community by Travel + Leisure Golf in the annual "America's Top 100 Golf Communities" issue. Sunriver Resort was also included in the list of America's Top 100 Golf Communities. Sunriver and Pronghorn were the only 2 courses in Oregon to ...
There were slightly more pending sales and sales in December compared to November. The majority of home sales continue to fall in the $200,000 - $300,000 range. Not a single home sold over $600,000. View the complete statistics here: December 2008 Home Sales
I had coffee with the builder of Centennial Glen the other day and learned that they have reduced the prices substantially on their remaining homesites. Centennial Glen is a 59 lot subdivision off of Reed Market in southeast Bend that offers a convenient close-in location with easy access to the ...
I'm hoping this post will change the way you think about manufactured homes. For most of us, if we're honest with ourselves, the term conjures up images of trailer parks or low income neighborhoods. Since manufactured homes cost much less to build than stick-built or framed houses, that's largely...
The benchmark 30-year fixed-rate mortgage fell to a national average 5.17% this week, the lowest level since Freddie Mac began its weekly rate survey in 1971. Mortgage rates are incredibly low right now but will they stay that way? Well, it depends on who you ask. According to Bankrate analysts, ...
November was a slow month with only 69 homes selling compared to 132 home sales last November. There are still a lot of short sales and bank owned properties getting attention but they're not the only homes selling.    The home that sold for $150,000 was not a short sale or banked owned property....
I recently performed a CMA for a homeowner and determined a list price in the $225,000 - $250,000 range. The homeowner was surprised the value was so low because her most recent tax statement provided a "real market value" (RMV) of $290,000. She was under the impression that the RMV that the coun...
October 2008 statistics have been compiled. The first thing I noticed is the number of homes on the market is 2031, down from last month by nearly 200 and down about 430 from July 2008. Of these active listings, about 200 are short sales or bank owned properties and 41 of them are listed at $200,...

Cheri Smith

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