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Posts with tag 'Bend New Homes'

Jennifer Burkett Blog

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March
7

Bend Real Estate Inventory is Way Up

The real estate trends for Bend single family homes are reflecting a changing market. Sales are dependent upon a mortgage interest rate that works for the majority of home buyers, but also upon available homes from which to choose. February 2025 saw a shift in both categories with a large increase in home inventory as well as a more moderate reduction in mortgage interest rates. Buyers are finding many more homes on the market that may meet their search criteria. Sellers are finding that in order to make their home stand ou...

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March
6

Bend Premier is Pleased to Have LaRonda Acuff-Sack Join the Administrative Team

LaRonda Acuff-Sack, a Bend Oregon native, known for her residential real estate expertise and love of all things local, has been a licensed Real Estate Broker since 1999. She has specialized in listings & new home construction. LaRonda has been a licensed Principal Broker since 2005. She has trained under some of the most renowned sales and marketing trainers in the country and received numerous sales achievement awards including Sales Person of The Year. Well educated in all facets of her profession she has attained Certified New Home Sales Professional certification from the National Association of Home Builders. LaRonda and her husband Joe, an RN at our local hospital, have an "urban farm" in Bends mid-town with a large organic garden and beehives. They enjoy spending time with their family, friends, and beautiful puppy named Ocean. LaRonda could not be more excited to be living and wo...

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January
7

More Bend Home Inventory and Moderate Price Increases Were the Norm for 2024 Sales

2024 Bend home sales experienced modest price increases for the year, but Bend home buyers were fortunate to have more options. Sellers who had hesitated putting their property on the market during Covid and following when mortgage interest rates were close to 8% finally had more inclination to do so when mortgage rates dropped to the mid 6% range during the summer of 2024. Delayed moves which were offset by high mortgage rates for a subsequent purchase finally made sense when rates dropped. Although there was an increase in home prices and sales for Bend single family homes, it was modest. With more in...

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December
12

When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just be the key to crossing the homebuying finish line.

Here's why a new build is worth considering – and how a Bend Premier Real Estate Broker can help you find one that meets your needs and your budget.

1. More Newly Built Homes Are Available Right Now

First, let's break dow...

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December
6

More Inventory Means More Choices for Bend Home Buyers

There are more homes on the market for potential Bend home buyers to choose from than there were at the same time last year. With more inventory, there has been more motivation for sellers to negotiate price and terms with buyers. This in turn has resulted in homes selling for less than asking price, often after price reductions, in order to generate offers. While the overall sales price is up slightly over the same time last year, the months of supply is up over 11%.

When the data from November 2024 for Bend single family home sales on less than an acre is compared with those from November 2023, the following changes can be seen:

  • Average sales price up 4.1% to $888,821
  • Median sales price up 2.6% to $711,875

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