Bend Real Estate Blog

1552 Ne 5th Street, Bend, ORAs one of the most used real estate websites in Central Oregon, our website can be a good indicator of where the real estate market is headed right now. For example, as home and land prices continue to trend higher, we are starting to see more expensive homes enter into our top 10 most searched properties such as this $479,000 Broken Top condo or this 1657 Nw Mt Washington Drive, Bend priced at $439,750. However, as a general rule, most of the top searched properties are still at the low end with an average price of the other top searched homes just $248,500. All of the top 10 searched homes this week were located in Bend.

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Red doors in BendWhen you drive around Bend, have you noticed there are a lot of red front doors? Although for these homeowners the reasons might be aesthetic, around the world red doors actually have a lot of meaning. The Chinese, for example, believe red is a lucky color and would paint their doors red before the Chinese New Year. Red doors can be an important element of Feng Sui by allowing “chi” to be drawn into the home. Catholics often paint their church doors red to remind people of Christ's sacrifice. During slavery, red doors were used to by the Underground Railroad to show this particular home could provide safe haven. There is even rumor that people would paint their doors red as a sort of “no solicitation” sign to that annoying Fuller Brush salesman… but

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Bend Oregon New ConstructionWe have known for the last several years that the increased demand for Bend housing has pushed prices upward. The cost of a single family home has gone up 11% over the last year to almost $200 per foot while the amount of available inventory has dropped over 20%; the average price of a single family Bend home is now $389,725 (COAR MLS statistics). People continue to move to Bend, loving the Central Oregon lifestyle. However, we are now at a place where the price to live here can exceed the budget of many locals. How did we reach this situation? Bend is not the only American community experiencing a housing crisis. According to Lawrence Yun, the National Association of Realtors® chief economist, 3 million American homes which should have been built over

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Bend PotholesThe March 25, 2016 edition of The Bulletin on page 1 includes an article on fixing Bend’s roads. Bend residents have been told for months that there is no additional money outside of the $1.8 million already budgeted this year to do the repairs and that over $80 million was needed due to deferred maintenance. This was the argument the city council made when they authorized $70,000 to be spent on this month’s special election to vote on the 5 cent a gallon gas tax. Now that city residents overwhelmingly defeated the gas tax in the special election, the city council has “found” $5.2 million dollars through utilizing reserves and tax revenue which exceeded projections. Although $5.2 million is just a drop in the bucket on the $80 million needed, it is almost

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Spotted Frog vs Oregon FarmersCentral Oregon farmers are wondering how the two recent lawsuits filed over the endangered spotted frog can impact their use of Deschutes River water. In particular, the allotment of water to junior holders, those downstream, may be negatively impacted should the suits prevail and the irrigation districts, which control the flow of water in the Deschutes River, be forced to keep more water in the Upper Deschutes to protect spotted frog habitat. Farmers in Jefferson County will be greatly impacted should the lawsuits prevail and fear of the loss of water has already curtailed the sale of farm equipment. The farms around Madras are known internationally for their production of seed crops which rely upon a consistent flow of water from April through October

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Warren Buffet's HomeEver wonder about where the richest people in the world live? Many would be surprised that billionaire Warren Buffett still lives in the Dundee-Happy Hallow Historic District of Omaha, Nebraska where he grew up in the same home he purchased in 1958 for a mere $31,500. Surprised? I know we were.  Named by Time Magazine as one of the most influential people in the world, this 6000 square foot relatively modest stucco house (recently appraised for under $1 million dollars) is just a tiny fraction of his estimated net worth of $66.2 billion dollars. But to be fair, Warren Buffett also owns a second home in Laguna Beach, California estimated at about $4 million, but still just a small fraction of his net worth. We're guessing one of the secrets to his success

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Trade Red Paperclip for HouseIt's not that Kyle MacDonald had a "paperclip fetish." Actually, he says that "the best thing I ever did was to trade away that silly red paperclip in the first place." Which is exactly what he did when in 2015 he posted a picture of the red paperclip in the barter section of Craigslist and asked if anyone had something they were willing to trade for it which was "bigger and better." The first trade was for a writing pen shaped like a fish.  Then Kyle traded the fish pen for a doorknob.  Each trade was always for something "bigger and better" until after just 14 trades he ended up with a house located at 503 Main Street in Saskatchewan.

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Bend home sales on the riseWe love Bend! And if you own a home, you may love what has happened with Bend real estate values even more! During 2015, the average price of a Bend single family home increased 11.1%.  Bend homes have consistently been increasing in value since 2011, when the average price of a Bend single family home was $240,128; today Bend's average home is almost $386,000. If you bought your home anytime in the last 5 years, you most likely have seen an increase in your home's equity. What has caused this? People have continued to move to Bend; we all love the lifestyle  - from the many brew pubs to the amazing outdoor recreational opportunities and the beautiful, clean environment, good schools and fabulous parks! But while people in abundance continue to move here,

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Bend Oregon Eco-Friendly HomesHome building in Bend has taken big steps toward going “green” whether it be individual “eco-friendly” homes or in the case of Northwest Crossing, an entire subdivision where homes are all Earth Advantage certified. But even if you aren’t ready to buy a new green home in Bend, there are several simple ways you can incorporate “green” ideas into your own home in order to reduce energy consumption and your own carbon footprint. 1) Insulate – With heating and cooling accounting for 50% of your home’s energy consumption, make sure you have proper insulation and your heating ducts and windows are sealed tight. 2) Appliances – When replacing appliances, look for the ENERGY STAR label which offer significant energy savings without compromising performance. 3)

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Bargain Homes in BendIf searches on our website are any indication of the market, potential home buyers are still looking for deals in Bend real estate.  Almost all home buyers today (over 90%) are spending time on websites like ours searching for real estate.  Over the past 2 weeks, the most popular home searched on our website was a single story 3-bedroom home listed at $239,900.  In fact, 7 of the top 10 searches were for homes under $300,000 with an average price of $289,000.  And the location of these popular homes is Bend except for the most searched property; this home is located in La Pine.  Although the average price of homes searched on our site is almost identical to the national average home price of $289,900, it is understandable that people are looking for a

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This content last updated on October 23rd, 2019 at 10:14pm PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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