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Central Oregon Market Report - February 7, 2024


Pick of the Week!

54400 Huntington Road - Bend, OR - $575,000

A 2002 Pahlisch residence offers an all-encompassing package, boasting RV parking, a sprawling 5-acre parcel and convenient proximity to Central Oregon's pristine lakes + Mount Bachelor. Quality built home, with an open-concept and easy single level living. A 30' x 40' shop, with 12' ceilings is equipped with electric and other utility outbuildings on the lot make this a great property to grow into. Vacant and ready for it's new owner. Give me a ring if you'd like more info or want to set up a private tour!

 

 

Attached below is one of my favorite pieces of data to analyze when approaching the current market. It compiles info from all active sales in our marketplace and shows you how days on market could effect your sales price. Also, how much seller credits are being given to buyers at closing (this is not reflected or disclosed on other websites for the public to view). If you are looking to buy or sell a property in the coming months, this will give you the inside look at exactly what your give and take might look like when stepping into negotiations. At a quick glance, you can see that longer days on market will drop your final sales price and seller credits are very common in out market place right now. If you've got any questions or feedback on these numbers, please feel free to reach out! - Greg



 

What's new with Mortgage Rates?

This is a scenerio for top tier borrowers with 25% down and great credit. These rates and better can also be seen for other borrowers by using seller credits!


 



Homes are still selling "fast"

While the housing market isn’t as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal. Full Article



Sunriver Brewing hosts K9 Keg Pull, a dog-gone good time for a good cause

Hundreds of dogs of all breeds were registered to race down the 120-foot snow course, pulling empty kegs of various sizes. Full Article


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