Posts from November 21st, 2022

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November
21

If Only I had Bought my Bend Home Six Months Ago

November 21st, 2022 by Lynnea Miller

High Interest Rates Impacting the Buying Power of Bend Homebuyers

Although the 30 year interest rate has moderated a bit from its high of 7.08% hit November 10, 2022, the rapid increase in mortgage interest rates we have seen since the beginning of 2022 has greatly impacted our buyer's purchasing power. Many buyers are regretting that they didn't buy several months ago before rates rose to the levels they are now. But is it really cheaper to buy a Bend home today than it was six months ago? Let's look at the true difference between these two markets and see what the numbers actually say.

Bend Oregon real estate

In April, we were still living under high demand for Bend homes and a $500,000 property hitting the market would often generate

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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 November 21st, 2022

If Only I had Bought my Bend Home Six Months Ago

High Interest Rates Impacting the Buying Power of Bend Homebuyers

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