Posts with tag 'Bend'
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Bend Oregon Real Estate | January 2025 Trends
2025 Bend Home Sales Have Started Off With a Bang
After the slower market traditionally experienced in December, Bend home sales started 2025 with an strong uptick. Many home sellers are no longer waiting to spring to list their properties, and many buyers are back in the market, despite the 30 year mortgage rate near 7%. Both new listings and new sales were significantly up in January 2025 compared with the previous year.
Historically, during a presidential election year, home sales slow across the country. However, according to the Department of Housing and Urban D...
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The 3 Biggest Mistakes Sellers Are Making Right Now
If you want to sell your house, having the right strategies and expectations is key. But some sellers haven't adjusted to where the market is today. They're not factoring in that there are more homes for sale or that buyers are being more selective with their budgets. And those sellers are making some costly mistakes.
Here's a quick rundown of the 3 most common missteps sellers are making, and how partnering with an expert agent can help you avoid every single one of them.
1. Pricing the Home Too High
According to a survey by John Burns Real Estate Consulting (JBREC) and Keeping Current Matters (KCM), real estate agents agree the...
28
3 Reasons To Buy a Bend Home Before Spring
Let's face it — buying a home can feel like a challenge with today's mortgage rates. You might even be thinking, "Should I just wait until spring when more homes hit the market and rates might be lower?"
But here's the thing, no one knows for sure where mortgage rates will go from here, and waiting could mean facing more competition, higher prices, and a lot more stress.
What if buying now — before the spring rush — might actually give you the upper hand? Here are three reasons why that just might be the case.
1. Less Competition from Other Buyers
The winter months tend to be quieter in the real estate market. Fewer people are actively looking for homes, which means you'll likely face less competition when you make an offer. This makes the process feel less rushed and l...
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Bend Premier Real Estate | January 2025 Newsletter
What's in the January 2025 Bend Premier Newsletter?
- More Inventory and Moderate Price Increase the Norm in 2024
- Creamy Mushroom Pasta
- Cozy Ideas to Transform Your Living Room This Winter
- Hike Smith Rock for a Winter Challenge
- Get Ready to Sell a Home in 2025
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Bend Oregon Real Estate | 2024 Trends and 2025 Predictions
More Bend Home Inventory and Moderate Price Increases Were the Norm for 2024 Sales
2024 Bend home sales experienced modest price increases for the year, but Bend home buyers were fortunate to have more options. Sellers who had hesitated putting their property on the market during Covid and following when mortgage interest rates were close to 8% finally had more inclination to do so when mortgage rates dropped to the mid 6% range during the summer of 2024. Delayed moves which were offset by high mortgage rates for a subsequent purchase finally made sense when rates dropped. Although there was an increase in home prices and sales for Bend single family homes, it was modest. With more in...
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