Posts from January 7th, 2025

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Bend Oregon Real Estate | 2024 Trends and 2025 Predictions

January 7th, 2025 by Bend Premier Real Estate

More Bend Home Inventory and Moderate Price Increases Were the Norm for 2024 Sales

2024 Bend home sales experienced modest price increases for the year, but Bend home buyers were fortunate to have more options. Sellers who had hesitated putting their property on the market during Covid and following when mortgage interest rates were close to 8% finally had more inclination to do so when mortgage rates dropped to the mid 6% range during the summer of 2024. Delayed moves which were offset by high mortgage rates for a subsequent purchase finally made sense when rates dropped. Although there was an increase in home prices and sales for Bend single family homes, it was modest. With more in...

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Categories: Bend Oregon Real Estate Trends

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Posts from January 7th, 2025

Bend Oregon Real Estate | 2024 Trends and 2025 Predictions

More Bend Home Inventory and Moderate Price Increases Were the Norm for 2024 Sales

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