Monthly Archives: November 2008

Deschutes County “Real Market Value” vs. Sales Price

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 county assigns is fairly […]

October 2008 Real Estate Statistics – Bend, Oregon

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 $200,000 or below. […]