Posts from August 8th, 2022

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August
8

Bend Oregon Real Estate | July 2022 Trends

August 8th, 2022 by Lynnea Miller

The Bend Real Estate Market is in Transition

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.

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Categories: Bend Oregon Real Estate Trends

Tags: bend oregon real estate, bend real estate, bend homes for sale, bend oregon, bend home prices, bend single family homes, bend homes, bend real estate trends

Posts from August 8th, 2022

Bend Oregon Real Estate | July 2022 Trends

The Bend Real Estate Market is in Transition

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