2 articles found with the search of "covid 19"
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How Covid 19 is Changing Central Oregon Real Estate
Covid 19 Concerns Are Real
Concerns over the spread of Covid 19 have quickly changed how we conduct real estate sales in Central Oregon over the past few weeks. Shelter in place, social distancing, travel constraints, economic concerns, social changes, and just an overall fear of catching the coronavirus has really impacted human behavior. As a result, we are seeing two distinctly different groups here at Bend Premier Real Estate when it comes to real estate transactions.
Get me out!
The first group was the first to emerge as soon as the panic set in. With predictions of massive layoffs and record unemployment, we started to hear concerns of potential job loses and uncertainty...
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How Covid 19 is Changing Central Oregon Real Estate
Will Coronavirus Change the Central Oregon Real Estate Market?
With the outbreak of the coronavirus worldwide, which has sickened thousands and created panic and uncertainty in our stock market, we are left to question if the effects will extend to the US real estate market, and more specifically to our local Central Oregon real estate market.
Coronavirus Pushes Down Interest Rates
Mortgage Interest Rates have already fallen to new record lows (3.29% as of March 5th) as investors are taking money out of the volatile stock market and putting it into safer US Treasury Bonds. Historically, when bonds are strong, mortgage rates go down.