We have been tracking Bend single family home sales for many years, looking at the trends, how home prices rise or fall, what the changes are in price per square foot, median and average sales price, months of inventory and days on market. We have consistently compared one month to the same month the year previously in order to follow the long term changes instead of potential anomalies that can occur over a short time period. We have watched and recorded that happened to the Bend home market when the market crashed with the housing recession. And we have watched and recorded the latest changes that happened when the Covid-19 pandemic and subsequent stay-at-home orders made Americans realize that home meant a whole lot more than it had in the past & lifestyle was more important than an easy commute to the office.
Sometimes, however, it is good to look at the trends over many months to get a...
As we have been writing for several months now, the Bend Oregon real estate market is definitely changing. Mortgage interest rates have risen impacting the buying power of would-be homeowners, especially first time home buyers. The buying frenzy experienced in 2021 is gone and the inventory levels of available homes are growing. The days on market of active listings are rising, but so are home prices when compared with the year before. However, the trend lines over the past few months are showing a softening in the market with over 254 price reductions in the past week for all Central Oregon listings. When the market softens, those properties priced well as perceived by buyers are those that sell first.
Bend Premier Real Estate is pleased to welcome Travis Cannon to the brokerage.
Travis enjoys working in real estate, whether that be in representing buyers or sellers. Real estate sales have always been a passion of his and he works tirelessly to make the process of buying and selling his clients' homes a smooth and enjoyable experience. He prides himself in great customer service and stays up to date with market trends and technology to provide his clients the competitive edge in an ever changing market.
When not involved working with buyers or sellers, Travis focuses on breathing techniques and meditation on frozen lakes or in an ice cold river in various places in the Pacific Northwest. Travis also enjoys running, fishing, cooking, or drinking beer and is happy to direct people to favorite locations for these fun acti...
