Monthly Archives: February 2022
January 2022 sets record for bidding wars
January of 2022 is on record as the most competitive month ever for homebuyers, according to data released Wednesday from Redfin. Seventy percent of home offers written by Redfin agents faced bidding wars in January on a seasonally adjusted basis, up from 67.7% in December and 61% in January 2021.
Central OR Association of Realtors Report Available for July – December 2021
Income growth, the jobs recovery, demand for second and vacation homes, and strong in-migration into the region continue to fuel strong demand for housing. This past year saw some of the largest—if not the largest—home price appreciation on record. Any indicators of a market correction where prices will drop are difficult to find.
Our Bend Oregon Real Estate Blog 