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As we have been writing for several months now, the Bend Oregon real estate market is definitely changing. Mortgage interest rates have risen impacting the buying power of would-be homeowners, especially first time home buyers. The buying frenzy experienced in 2021 is gone and the inventory levels of available homes are growing. The days on market of active listings are rising, but so are home prices when compared with the year before. However, the trend lines over the past few months are showing a softening in the market with over 254 price reductions in the past week for all Central Oregon listings. When the market softens, those properties priced well as perceived by buyers are those that sell first.
Bend Premier Real Estate is pleased to welcome Travis Cannon to the brokerage.
Travis enjoys working in real estate, whether that be in representing buyers or sellers. Real estate sales have always been a passion of his and he works tirelessly to make the process of buying and selling his clients' homes a smooth and enjoyable experience. He prides himself in great customer service and stays up to date with market trends and technology to provide his clients the competitive edge in an ever changing market.
When not involved working with buyers or sellers, Travis focuses on breathing techniques and meditation on frozen lakes or in an ice cold river in various places in the Pacific Northwest. Travis also enjoys running, fishing, cooking, or drinking beer and is happy to direct people to favorite locations for these fun acti...
Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you're looking to purchase your first home, you may be wondering what's happening in the housing market today, how much you need to save, and where to start.
Here are three things that can help give you the information you need to confidently pursue your dream of homeownership.
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