Posts from March 6th, 2024

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March
6

Bend Oregon Real Estate | February 2024 Trends

March 6th, 2024 by Bend Premier Real Estate

High Mortgage Rates - High Prices Affecting Bend Home Sales

For the 4th week in a row, the thirty year mortgage interest rate has risen which has impacted real estate sales across the country. With these rates now pushing 7%, the buying power of Bend homebuyers has diminished.

Freddie Mac Mortgage Rates With this change, few sellers are putting their homes of the market. Why sell a home with a great interest rate when the replacement home will cost so much more to finance? Both Bend home buyers and Bend home sellers are making decisions based on the cost to finance and when mortgage rates rise, often the decision made is to do nothing.

Bend Real Estate Inventory Levels Remain Low

Although there is always a downward seasonal adjustment for Bend home sales in the winter, the number...

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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, Awbrey Butte, Awbrey Glen, Awbrey Village, Broken Top, Mt Bachelor Village, NorthWest Crossing, Rivers Edge Village, River Rim, Shevlin Ridge, Skyliner Summit, The Bridges, Tetherow, Bend, Tuscany Pines, Easton, Westgate, Discovery West Phase 2, Discovery West Phase 3, Discovery West Phase 4, Discovery West Phase 5, Shevlin Park area

Posts from March 6th, 2024

Bend Oregon Real Estate | February 2024 Trends

High Mortgage Rates - High Prices Affecting Bend Home Sales

Bend Real Estate Inventory Levels Remain Low

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