Company Logo
SIGN UP LOGIN

Posts from July 2017

Bend Premier Real Estate Blog

Subscribe and receive email notifications of new blog posts.




rss logo RSS Feed
July
21

Cascade Cycling Classic Hits Downtown Bend Saturday

The 38th annual Cascade Cycling Classic is underway right now in beautiful Central Oregon. The CCC is the longest consecutively run elite stage race in the country and has attracted most of North America's top cyclists over the years; Lance Armstrong's won the CCC in 1997. This year is the first time the CCC has the UCI level ranking for the men with the women's race receiving it last year. 

The race consists of 5 stages. The Mackenzie Pass 173 km stage one was completed Wednesday, the Skyliners Time Trial of 22.8 km was completed Thursday and today is the 172.8 km Cascade Lakes Road Race traveling through some of the most beautiful scenery in North America.

Tomorrow evening is the Downtown Bend Criterium which involves 75 minutes for the men and 50 minutes for the women of racing through the streets of downtown Bend...

Click Here to Read More...

July
18

Redmond OR Home Sales Show Continued Growth

Redmond home sales remain strong with new real estate contracts, home prices and the number of new homes on the market all trending upward. Redmond has always been a more affordable option for Central Oregon residents to Bend, but its desirability as a great place to live, work, and raise a family has made Redmond the 1st choice for many moving to our area.

Redmond trends are as follows comparing June 2017 with June 2016:

    • Homes for sale up 16%

    • Homes in pending status up 19%

    • Average price per square foot up 12.3%

July
11

Bend Real Estate Trends Mixed

The Bend real estate trends from June reflect a changing market.  Although the inventory levels are finally ticking in the right direction, the 2.4 months of Bend single family home inventory now available are still significantly below a balanced market where 6 months of inventory is considered healthy. Bend residents can see the evidence of new home construction throughout the town and when June, 2016 is compared with June, 2017, the 2.4 months is up 14.2%.  Positive movement, but still not where we need to be.

However, the trends are mixed when you compare actual sales. Comparing June 2016 with June 2017 Bend home sales provide the following data:*

Bend Real Estate Trends June 2017

Login to My Homefinder

Pixel