Author Archives: Cheri Smith & Molly Brundage

Bend Real Estate Market Update Q2 2019

Bend, Oregon home values continue to rise. Compared to this time last year, the median sales price increased 6.5% to $449,995.

Riverfront Home Near Sunriver

This charming riverfront home with private dock is the serene getaway you’ve been looking for! The main house has 2 bedrooms and 2 bathrooms, plus the detached guest quarters include a bedroom, full bathroom, and living space.

Redmond Awarded Pilot Project for Affordable Housing

From The Bulletin Published April 16, 2019 at 06:01PM / Updated April 16, 2019 at 08:09PM Governor Kate Brown signed House Bill 2336, which had the practical effect of awarding Redmond a pilot affordable housing project to build 485 homes outside of the state’s strictest land use rules. HB 2336 was crafted to reverse an unforeseen […]

Bend Real Estate Market Update Q1 2019

The Bend, OR median sales price increased 6% to $440,000. The number of homes sold is down 24% from this time last year, which is not surprising at all considering inventory is also down 20%.

The Bulletin Reports a Drop In Home Sales

The monumental difference between 2007 and today is the absorption rate, which is the rate at which available homes are sold in a specific market during a given time period. Traditionally, anything above 20% is a seller’s market. In the winter of 2006-2007 the absorption rate hovered around 9% for 6 months straight. This winter, 2018-2019, our absorption rate has been bouncing between 46% and 35%, with a dip in February down to 26%.

Introducing BendTrend at Trailhead

The Brundage Smith team is honored to be representing an enclave of 28 contemporary homes designed by Darren Thomas Architecture and built by BendTrend Homes in the award-winning Tetherow neighborhood in Bend, OR. Surrounded by common space and adjacent to the Deschutes National Forest, these homes offer coveted privacy and are the perfect launchpad to […]

Oregon Senate Approves Statewide Rent Control

2/12/2019 By Elliot Njus | The Oregonian/OregonLive The Oregon Senate on Tuesday approved a proposal for a first-of-its-kind statewide rent control policy, as well as new restrictions on evictions without cause. Senate Bill 608 now heads to the Oregon House, where it’s expected to have an equally friendly reception. With the bill’s expected passage, Oregon would […]