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gregpowell716

CENTRAL OREGON MARKET REPORT - JULY 18, 2024

Now Active On The Market!

20309 Shetland Loop

Bend, OR 🏡 97703 - $620,000

Schedule a viewing today!

541.525.9955

 
 

The market still feels pretty flat out there, unless you have a listing in a "hot" or break in price point for your area. Showing activity has picked up a little bit, but days on market still remain consistently higher than we've seen in previous years and because of that, Sellers are needing more patience throughout their selling process. Buyers continue to be very selective with their purchase and for those that are willing to get out there and take a swing, there have been some great negotiation opportunities for price reductions and seller credits to make that payment more affordable. If you're a serious shopper, I always recommend connecting with a great, local mortgage broker to talk loan options and strategies upfront, so that we can approach properties with your end goal in mind. Let me know if I can send you a referral for my local favorites and share some recent success stories. I hope you all are having a fun Summer so far! Give me a ring if I can help in any way.  - Greg

 

What's new with Mortgage Rates?

This is a scenario for top tier borrowers with 20% down and great credit. These rates could be improved by using seller credits! Unsure what that means? Shoot me a message!

 

Market Snapshot


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