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Central Oregon Market Report - December 7, 2022



Affordable property with land and rental opportunity in Bend Deschutes River Woods Starting Price @ $455,000 🏠 Incredible value for a property with so much to offer! A beautiful and private place to call home in the forest of Deschutes River Woods. At just over an acre, this lot gives great buffer from neighbors and endless opportunities for future projects. A spacious yard front and back for gardening, gatherings, RV parking and more! Completely fenced backyard with an additional dog run for the pups. A well kept home with a great single level layout, open living and updated appliances included with the sale. Detached garage offers additional flex space for multi-generational living or business. This home is seeing high levels of activity. If you are interested, call me today @541.525.9955


 


 

As predicted, several Sellers have taken themselves out of the market over the last week due to their seasonal hibernation or perception that homes don't sell in the Winter/Holiday season.... Let me debunk that for everyone: Since I last reached out, only one week ago - 82 homes have sold in Deschutes county! Considering there are two sides to each of those deals (buyer and seller), that is a lot of activity for those that are still motivated to make their real estate goals come true. Buyers are still shopping and Sellers who are willing to make it happen during the "off season" are seeing less competition due to the low number of new listings. Let me know how I can help you take advantage of our off season opportunities here in Bend! - Greg

 


Mortgage Rates Update




Market Activity Trends





 

Key Advantages of Buying a Home Today Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates. Full Article


710-acre farm parcel near Terrebonne turned into rural residential The Deschutes County Commission rezoned 710 acres of farmland west of Terrebonne on Monday, allowing the property to be carved up into 71 10-acre residential plots. Full Article

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