Posts with tag 'bend real estate trends'
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20
Bend Luxury Homes | 2024 Trends
What Happened With Bend Luxury Homes in 2024?
2024 was a year that reflected changes for Bend Oregon real estate. The high end luxury home market had more listings and more activity in 2024 compared with 2023. In particular, homes listed in all categories over $1,000,000 had strong sales with the only exception in the $1,300,000 to $1,599,999 category in which there was a 14.4% decrease in home sales. In this same category, days on market were up over 113% with an increase of 85% in months of supply (up to over 5 months). Based on an earlier 2024 review of the Bend luxury market, it was determined that many listings taken in this price point required pri...
6
Bend Premier Real Estate | February 2025 Newsletter
What's in the February 2025 Bend Premier Newsletter?
- 2025 Bend Home Sales Have Started With a Bang
- Rich Chocolate Mousse
- Transforming Your Home Into the Ultimate Hangout Spot for the Big Game
- Lower Chush Falls in Winter is Stunning
- Time in the Market Beats Trying to Time the Market
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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...
10
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
7
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...
