What's in the BPRE July 2019 Newsletter?
- Residential Market Update - What's Going On?
- Central Oregon Events
- Commercial Market Update
- What Is a Seller's Market?
- Don't Pay For What You Don't Need
While the upward trends for Bend single family home sales have slowed over the past few months, Redmond home sales have remained strong. Redmond, located just 17 miles north of Bend, has long been known as a great place to live, with homes priced well below that of Bend. People relocating to Central Oregon have discovered Redmond's value and home sales in this great town have taken off.
When June 2019 is compared with June 2018, the following changes can be noted for Redmond single family home sales on less than an acre:
The June 2019 figures for Bend Oregon real estate trends have been published and the results are mixed. While June had a surge in new listings, the numbers were similar to the year before. And while we are entering our summer peak selling season, in some categories the trends point down.
When June 2019 is compared with June 2018 for Bend single family home sales on less than an acre, the following data are seen:
Bend's high end real estate market has been trending upward for several years. Almost unheard of less than 10 years ago, the sale of million dollar homes in Bend has become common and the construction of million dollar spec homes the norm in several Bend neighborhoods.
From July 2018 through June, 2019, 67 Bend homes priced between $1,000,000 and $1,299,999 have sold, a figure that is up 11.7% over the previous 12 months. For homes priced $1,300,000 to $1,599,999, 29 Bend homes have sold, up 11.5% over the same period a year before. Homes priced between $1,600,000 and $1,999,999, the figure is 13 homes, up 30% and for the very high end, the $2,000,000 or more price point, the figure is 7, which is up 75% over that…
You’ve saved and saved and are ready to buy your next home. You’ve scouted several homes and you have found THE ONE. It’s been on the market for six months and you start thinking this house has been neglected – but why? After a thorough review of current market data you submit a solid offer that day. The next morning your agent calls to tell you there are now multiple offers and the seller is instructing agents for “highest and best” within 48-hours and the seller will review all offers then.
The home you dreamed about - where you’d put the sofa, the kids' toys and room for your skis in the garage feels like it’s slipping away. Your head starts pounding, your heart races and the adrenaline is making itself known throughout your body. Hopefully your…
Spring has arrived in Central Oregon and homes are selling! After a series of months in which Bend home sales had dropped while prices continued to rise, May 2019 has provided a 180 degree turn around. The number of Bend homes for sale jumped 34.8% and the number of homes sold rose 29.9% from April, 2019. After an unusual winter with late heavy snow, overcast skies and heavy rain in April, sellers decided at last that May, with the sun out and longer days, was a great time to list. When May 2019 is compared with May 2018 for Bend single family homes on less than an acre, the following changes can be noted:
Bend Premier Real Estate is thrilled to be named First Interstate Bank in Downtown Bend's featured local business for June 2019. When visiting the bank at the corner of Greenwood and Wall Street, be sure to check out our display! And say hello to all the friendly people who work at First Interstate Bank.
Karen Slater Parker joins Bend after years of experience representing buyers and sellers for 14 years on the Big Island of Hawai'i. While on the Big Island, Karen worked with families and investors of residential, condos, vacation homes and vacant land. She worked through the recession and helped with foreclosure issues and loan modifications. Karen enjoys working with first time homebuyers and strives to ensure that the home buying or selling process is fun, easy and stress-free.
When not working with her clients, Karen enjoys walking her two Heelers, hiking, camping and fishing. She also enjoys entertaining and cooking big Sunday meals for family and friends. She is learning how to fly fish and…
Shirin Abplanalp joins Bend Premier Real Estate after a career as a residential loan processor and operations manager at a major bank. Shirin believes that these years of work helped to develop her attention to detail, follow-through, reliability and professionalism that has carried over into her work as a real estate Broker.
Shirin understands that a real estate transaction can be a stressful event, but believes that the right real estate Broker can help relieve the stress by being there to answer questions, educate clients on the process and keeping on top of all aspects of the market and real estate deal.
Shirin's motto is "Dedicated to Results" which is how she conducts her business to help her…
For the second year in a row, Bend Premier Real Estate is the Title Sponsor for Bend's premier food festival - Bite of Bend. This 3 day festival is for all Bendites who love to eat! There will be Live Music during all 3 days, the Top Chef competition, the conscious living showcase, the beer run, the marketplace filled with food to sample, the little hopper root beer run for kids, the Bend family play zone and the mixology showcase which features the Bartender's Brawl. There will be something for everyone at the Bite! Last year over 25,000 people attended the festival and we anticipate even more this year. While attending, stop by one or both of our booths located in the center of the event…
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