Bend Chamber Real Estate Forecast 2016

The BrundageSmith team attended the Bend Chamber Real Estate Forecast Breakfast that took place on April 20, 2016 this year. The overall outlook seemed to be one of optimism. The big question was how our current growth compares to that of 2005 – 2007 and whether or not we’re heading towards another bust. When comparing the growth of the Bend real estate market from 2005 – 2007 to the growth from 2013 – 2015, the difference this time seems to be in the overall health and strength of the Bend economy and discipline in lending. Home prices are expected to rise over the next 12-18 months at least.

The Bend Bulletin has a nice summary of the Forecast here: Experts upbeat on Bend real estate

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One comment

  1. Every trend forcast I’ve read so far on realty sites have not really considered what the macro problems may have on our future housing trend. Currency ‘wars’, declining corporate profits, declining goods being shipped, admitted manipulation of LIBOR and commodity markets, zero (and negative) interest rate policies, are NOT pointing to a positive outlook for our economy. 3.5% rates, and we’re only at or near the top of 2007!?!? 5.5% got us there faster. Low rates equates to things are not good out there. I’m waiting 🙂

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