Posts from December 14th, 2018

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December
14

Bend Oregon Commercial Real Estate - 3rd Quarter Trends

December 14th, 2018 by Lynnea Miller

Bend Commercial Real Estate Impacted by Lack of Inventory

Historically, our local commercial real estate market trends above the national averages. Our Central Oregon area commands very aggressive CAP rates due to supply and demand; when you put a magnifying glass to our market, we have very little Industrial property For Sale/For Lease and it would appear that the Urban Growth Boundary expansion recently passed will not solve this immediate problem. Our local market in most cases this year has positive absorption rates for office and retail as well.

What's Up on the National Front?

Our local commercial real estate market trends about a year behind what we experience in the residential market. This is consistently true and while residential real estate sales experienced a sudden recessional impact in 2008, commercial real estate sales stayed consistent until roughly 2^nd quarter 2009 and then fell into distressed "short sa...

Click Here to Read More...

Categories: Bend Oregon Real Estate Trends

Tags: bend oregon, Bend Commercial Real Estate, Bend Oregon Commercial Real Estate

Posts from December 14th, 2018

Bend Oregon Commercial Real Estate - 3rd Quarter Trends

Bend Commercial Real Estate Impacted by Lack of Inventory

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