The Making Home Affordable plan is part of President Obama’s strategy to get the economy and housing market back on track. It is estimated that this plan could help up to 9 million homeowners avoid foreclosure. On March 4, 2009 the Treasury Department released detailed guidelines of the plan. I am summarizing what I think are [...]
Archive for March, 2009
Update on the Homeowner Affordability & Stability Plan
Posted in bend oregon real estate on March 11, 2009 | Leave a Comment »
Bend Real Estate Statistics February 2009
Posted in bend oregon real estate, home buyers, Moving to Bend, real estate market statistics, tagged bank owned homes bend oregon, bend average home price, bend median home price, Bend Oregon foreclosures, Bend Oregon Home Sales, Bend Oregon real estate market, buy foreclosures bend oregon, Cheri Smith Bend Oregon, february 2009 bend real estate statistics, february 2009 home sales bend, REO bend oregon on March 4, 2009 | 1 Comment »
There are currently 1832 homes on the market in Bend. In February 76 homes sold, 171 are pending, and 94 are contingent. Of the 1832 homes for sale, 372 are short sales or foreclosures assuming the listing agent coded the house correctly in the MLS. Since I know that at least one of the sales in February was bank owned and it was not coded that way, I’m sure there are more than 372 distressed properties on the market.
