Posts made by author 'Bend Premier Real Estate'
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Redmond Oregon Real Estate | First Half 2023 Trends
Redmond Real Estate Sales Reflect a Market in Transition
It has been awhile since we last looked at the data for Redmond Oregon home sales. Redmond's housing has consistently been more affordable than that available in Bend with the majority of homes in the city what most would considered middle income suburban. The Covid-19 housing boom impacted Redmond as it did most of the country, and now rising interest rates, lack of inventory, and relatively high prices are creating a housing market in transition.
We looked at Redmond home sale for the first half of 2023. When the first six months of 2023 are compared with the first six months of 2022, the following changes can...
13
Bend Premier Real Estate |July 2023 Newsletter
What's in the July 2023 Bend Premier Real Estate Newsletter?
- Bend Home Sales Reflect Mixed Results
- Iron Mountain Hike 2023
- Today's Housing Market is a Sweet Spot for Sellers
- The Bend Oregon Pet Parade
- The Benefits of Downsizing for Homeowners
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The 48th Annual Sisters Oregon Quilt Show was Held July 8, 2023
The 48th annual Sisters Quilt show, celebrated as the world's largest outdoor quilt show, was held last Saturday, July 8th. Quilts could be seen hanging from walls, porches, in windows, on fences and over balconies. It was estimated that over 1300 quilts were displayed throughout the town with over 10,000 visitors from all 50 states as well as some foreign countries. This year's theme was "Hidden Stories" and it was interesting to try to figure out the stories in these beautiful works of art.
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Bend Oregon Real Estate | June 2023 Trends
Bend Single Family Home Sales Reflect Mixed Results
We have been tracking Bend home sales for many years. Bend has been in a seller's market since 2012, but the level to which the seller's market changed during Covid was beyond any we had seen before. Home prices skyrocketed with multiple offers driving sales and inventory levels dropping to two weeks at the peak of the pandemic. However, since last summer, the Bend real estate market has been in transition with rising mortgage interest rates the biggest contributor to the change. While high mortgage rates have greatly impacted the buying power of many home buyers, lack of inventory remains an issue. We had seen home price increases level off and even drop yea...
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The Bend Oregon Pet Parade is a July 4th Tradition
Its hard to believe that after living in Bend Oregon since 1985, we finally attended our first 4th of July Pet Parade. This event has been a Bend tradition since 1924, only missing 1943 due to the Second World War and 2020-2021 due to the Covid-19 pandemic. We arrived early for our seats at 9:00 am with the parade beginning at 10:00 am. By the time the parade arrived, it is estimated there were well over 10,000 people either participating in the parade or watching it. The pets involved were mostly dogs, but we also saw rabbits, guinea pigs, snakes, lizards, goats, sheep, ponys and horses. Lots of partiotism and fun for everyone.
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