We attended the 2018 Bend Chamber of Commerce Real Estate Forecast Breakfast last week and the takeaway message was that for 2018, we can expect, well, more of the same. The keynote speaker this year was Paul Bishop, Vice President of Research at the National Association of Realtors (NAR). According to Dr. Bishop, nationally “prices […]
Compared to this time last year, market-wide, the average sales price increased 10.27% to $464,810 and the median sales price increased 10.83% to $399,000. At the end of 2017, there were 371 single-family homes for sale, 182 pending sales, and 2,479 homes had sold. The number of homes sold in 2017 is 2% lower than 2016 despite the fact that inventory is nearly 8% higher.
From The Bulletin, Published Nov. 1, 2017 “More than a year after a state land-use decision changed the way Deschutes County establishes legal lots, the Deschutes County Commission approved an amendment to county code to streamline the process. Until September 2016, Deschutes County treated properties that had been issued building, septic or land use permits […]
An accessory dwelling unit, or ADU, is a small dwelling unit on a property that already contains a single-family dwelling as the primary use. The ADU may be attached to or detached from the main single-family dwelling. ADUs are often called “mother-in-law apartments” or “granny flats”. They can provide rental income for the property owner […]
Bend, OR Real Estate Statistics Q3 2017 Welcome to our Bend Real Estate Market Update for the Third Quarter of 2017. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702 and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data […]
Bend, Oregon is well known for its mountain bike trails. The Visit Bend website reports over 277 miles of singletrack with more being built every day. It makes sense that if you’re moving to Bend to enjoy the abundant outdoor recreation, you’d want to live close to it. Just which neighborhoods are closest to the […]
Bend, OR Real Estate Statistics Q2 2017 Welcome to our Bend Real Estate Market Update for the Second Quarter of 2017. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702 and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data […]