Kelly Johnson and Dana Furlan Are "The Source Weekly's" Best Realtors in Central Oregon

Huge congratulations to Kelly Johnson and Dana Furlan to be named the Source Weekly's Best Realtors in Central Oregon for the 2nd year in a row!  Our Brokers are the best and Central Oregon knows it as well!

Bend's Luxury Home Sales Trending Up

As the American economy continues to improve and citizens have more confidence and money to spend on housing, the value of real estate has grown across the country.  Bend is no exception. Bend's average home price has grown by roughly 10% per year since coming out of the great recession, greatly due to the demand on housing coming from new residents moving to Central Oregon in large numbers. For many of these new transplants, the real estate market in their original city is greatly inflated and home values way beyond those of Bend. When they sell, they can often pocket a large amount of cash from the equity in their home. This in turn has driven up housing costs within the city as these new Bend residents can afford to purchase property which is beyond the ability of many locals. 

How High Can Bend Or Luxury Home Prices Go?

Unhear...

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Are Bend Oregon Home Sales Leveling Off?

The July 2018 figures are out and there has been a change in the sales trends for Bend single family homes. Since coming out of the great recession, home sales in Bend have been strong with pended and sold trends consistently higher than those from the year before.  While the average price per square foot continues to rise, the actual numbers of homes sold and pended are down.  When July 2018 is compared with July 2017, the following data can be noted for Bend single family homes on less than an acre:

• Homes for sale down 2.9% to 643
• Homes sold down 6% to 233
• Homes pended down 4.3% to 222
• Average active price up .6% to $654,000
• Average sold price up 5.5% to $502,000
• Months of inventory based on closed sales up 3.7% to 2.8
• Average price per square foot up 2.8% to $253*

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Bend Residents Float the Deschutes River

When the summer temperatures soar, Bend residents relax in the water. Whether it is driving up to the Cascade Lakes and enjoying windsurfing at Elk Lake, paddling in a kayak on Todd Lake or water skiing and house boating on Lake Billy Chinook, Central Oregonians enjoy the water during the summer months. One of the recent additions to the water recreational opportunities in Bend is floating the Deschutes River. Unheard of 10 years ago, during warm summer days thousands of people enjoy floating through Bend's Old Mill District from Farewell Bend Park, past the surfers at the Whitewate...

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Balloons Over Bend is a Fabulous Bend Oregon Festival

There are few more stunning sights than watching beautiful hot air balloons floating into the sky with the backdrop of the Central Oregon Cascades at sunrise. Starting this Friday, the annual Balloons Over Bend festival will run through Sunday offering exciting sunrise launches of the balloons, the Night Glow event Friday evening many fun activities for the whole family on Saturday. The schedule includes the following:

Friday July 27, 2018

• Balloon Launch at Sunrise at RE Jewell Elementary School
• Night Glow begins at 5pm at Riverbend Park

Saturday July 28, 2018

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