123 articles found with the search of "sisters"
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30
Central Oregon Real Estate Trends - September 2019
Central Oregon Cities Show Varied Growth
Out of area buyers often think of Bend exclusively when they consider moving to Central Oregon. However, Central Oregon has several towns and small cities, all with their own urban "vibe" and lifestyle. Bend is by far the largest town with its population now pushing 100,000. However, Redmond has been a great neighbor to Bend with home prices considerably less than the larger city to the south.
Besides Bend and Redmond, Sisters offers both a closer location to the western half of the state plus a more intimate small town feeling, permeated by seasonal tourist traffic from nearby Black Butte Resort and such renowned festivals as the Sisters Quilt Show and the annual rodeo.
Prineville, Central Oregon's oldest city and the original county seat of much of Eastern Oregon, is now experiencing a building boom with new construction and...
30
Central Oregon Real Estate Trends - September 2019
Central Oregon Cities Show Varied Growth
Out of area buyers often think of Bend exclusively when they consider moving to Central Oregon. However, Central Oregon has several towns and small cities, all with their own urban "vibe" and lifestyle. Bend is by far the largest town with its population now pushing 100,000. However, Redmond has been a great neighbor to Bend with home prices considerably less than the larger city to the south.
Besides Bend and Redmond, Sisters offers both a closer location to the western half of the state plus a more intimate small town feeling, permeated by seasonal tourist traffic from nearby Black Butte Resort and such renowned festivals as the Sisters Quilt Show and the annual rodeo.
Prineville, Central Oregon's oldest city and the original county seat of much of Eastern Oregon, is now experiencing a building boom with ne...
21
Moraine Lake - The Road Less Traveled
Take the Path Off the Green Lakes Trail to Find this Hidden Gem
We have hiked the Green Lakes trail into the Three Sisters Wilderness many times over the years we have lived in Central Oregon. Located off the Cascade Lakes Highway, the hike to Green Lakes is among the most popular in the Cascades and is well worth the experience; we have blogged about this hike in the past - see our Green Lakes Blog. Today, however, we took the path to the left at roughly 2 miles into the Green Lakes hike and walked another 1.5 miles to find Moraine Lake.
The path from the Green Lakes trail took us through old growth forest with beautiful trees and absolute silence. It is the...
28
Is the Central Oregon Real Estate Market Slowing Down?
Numbers of Central Oregon Single Family Homes for Sale Up
One of the key components on the health of a real estate market is the inventory levels of the homes selling. In a balanced market, there are 6 months of supply. In Central Oregon, there has been a great lack of inventory for several years in most of the cities which has led to a seller's market with rising home values, multiple offers and in some cases, a certain desperation for buyers to find a home. Full price offers or even offers over asking have been the norm at certain prices for a while. However, there appears to be a shift happening in much of Central Oregon with the number of single family residential homes available for sale rising.
The following chart shows the las...
13
Central Oregon Real Estate - Bend, Sisters, Sunriver and Redmond 5 Year Trends
Central Oregon Real Estate Home Prices Trending Up
Those who have lived longer than 5 years in Central Oregon have seen home prices rise at a rapid pace, especially in Bend and Redmond. The average price for a single family residential home in Bend has risen over $200,000, the price for a Redmond home has more than doubled, Sisters homes are up 40% and Sunriver home prices have risen 22% in the last five years.
Our Predictions for Central Or Single Family Homes
The question can be asked, will Central Oregon home prices start to level off? Have we reached the top? Obviously affordability for locals has been an issue for several years. But for new Central Oregon residents, the price for a Redmond or Bend single family home is extremely inexpensive relative to th...