Tag Archives: bank owned homes bend
Bend Real Estate Market Update Q2 2014
Bend, Oregon Home Prices in Q2 2014 At the end of June 2014, there were 643 single-family homes for sale, 407 pending sales, and 1013 homes sold. Although inventory is still relatively low when compared to the nearly 1800 homes for sale in 2008, the number of homes on the market has increased 37.98% over […]
Bank Owned Inventory Rising Again
REO inventory rose across the nation in 46 states, with Idaho leading from a near doubling of their available inventory as REO. Maryland came in second, which saw a 78 percent increase, followed by Nevada (70 percent), Oregon (47 percent), and North Dakota (42 percent).
Bend Real Estate Market Update Q1 2014
Bend, Oregon home values continue to climb. The median home price at the end of March 2014 was $268,070, up 7.23% from the same time in 2013.
Bend Real Estate Statistics – Q3 2013
Bend, Oregon home prices in Q3 2013. Here are the Bend real estate market statistics for the third quarter of 2013. There are currently 628 single family homes for sale in Bend, Oregon, 284 pending sales, and 646 homes sold during the months of July, August, and September. Through the 3rd quarter of 2013, 1709 homes […]
Bend Real Estate Statistics – December 2012
The inventory of homes for sale in Bend, Oregon is really low right now. Low inventory and high buyer demand is pushing home prices upward. In the last year, the median sales price in Bend increased from $200,000 to $230,000.
Bend Real Estate Statistics – November 2012
Here are the Bend real estate market statistics for November 2012. There are currently 475 homes for sale, 58 contingent sales, and 381 pending sales. Of the homes currently on the market, only 23 are short sales and only 6 are bank owned. 94% of the homes for sale are traditional sales. (UPDATE: In response to the […]
Judicial Foreclosures Increase in Deschutes County
In Oregon, lenders may foreclose on deeds of trust or mortgages in default using either a judicial or non-judicial foreclosure process. The non-judicial process is much more common but judicial foreclosures are on the rise. After searching the Clerk’s Recordings, the majority of the Notices of Lis Pendens in Deschutes County were recorded by the […]
Freddie Mac Offers Incentives to Buyers
Freddie Mac is offering a winter sales promotion on its REOs, or bank owned properties, through the Homesteps program. Freddie Mac will pay up to 3% of the final sales price towards the borrower’s closing costs. Some homes are also eligible for a two-year Home Protect limited warranty that covers electrical, plumbing, air conditioning, heating, […]
37% of Delinquent Borrowers Are 2 Years Behind in Payments (Or More!)
A CNN Money article posted online today states that of the roughly 2.2 million delinquent home loans, 34% of borrowers have not made a payment in 12 to 23 months while another 37% of the borrowers have not made a payment in 2 years or more. This means that nearly 3/4 of the borrowers in […]
Notices of Default Continue To Drop
Notices of Default (NOD) in Central Oregon dropped for the third straight month in July, down to 146, which is the lowest number since August 2008. NOD are down 54% compared to July 2010. In the fall of 2010, lenders halted foreclosure proceedings while they evaluated the robo-signing issue, among others. As a result, in […]
Bend’s Best Buys – $424,900 Riverfront Home in NW Bend
This riverfront home is located in the coveted Rimrock West neighborhood in NW Bend, off of Archie Briggs. The home is 1950 sq. ft. with 4 bedrooms/2.75 baths and sits at the end of a cul-de-sac. The home has lots of windows facing the river and about 800 sq. ft. of decking to enjoy the […]
Bend’s Best Buys – 852 NW Columbia $94,000
Location, location, location, just one block from the river! This 1 bedroom/1 bath, 748 SF cottage hit the market yesterday and already has 7 offers. My clients wrote a cash offer for $115,000 and when I called the listing agent to find out where to send the offer, she said “$115,000? Don’t even waste your […]
(SOLD) Bend’s Best Buys – Bank owned w/river view $439,900
(SOLD 5/23/11 for $455,000 with at least 3 offers received) This bank owned home just hit the market this morning. It features 4 bedrooms/4.5 baths (4 suites!), 3492 sq. ft. and sits on a 0.34 acre riverfront lot. This section of the river does have a steep embankment so you probably won’t be shimmying down […]
(SOLD) Bend’s Best Buys – Bank owned on Awbrey Butte $324,500
(SOLD 11/23/10 for $380,500) This home at 1033 NW Yosemite Dr. is in Awbrey Park on Awbrey Butte and was first listed at $825,000. The home is 3468 sq. ft. with 4 bedrooms/3.5 baths, separate living and family rooms, a bonus room, master on the main level, 3-car garage and heated driveway. If you’re in […]
(Sale Pending) Bend’s Best Buys – Bank Owned Old Mill Townhome
(Sale pending on 9/3/10) This townhome is in Otter Run, in the heart of the Old Mill District. This townhome is 2290 sq. ft. with 3 bedrooms/2 baths. The floor plan is 3 stories with a private elevator, 2-car garage, and great interior features like granite kitchen counters, 8′ wood doors, hardwood and slate floors. […]
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