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CENTRAL OREGON MARKET REPORT - JUNE 19, 2024

Just Listed!

55791 Lost Rider Loop

Bend, OR 🏡 97707 - $679,000

Experience tranquility in this charming single-level custom home in coveted River Meadows, walking distance to Big Deschutes. Enjoy access to a clubhouse, pool, tennis courts, boat launches, and scenic trails. The vaulted Great Room with bay windows allows you to cook while enjoying the fireplace and beautiful views. Features include a spacious master suite, a breakfast counter, a triple garage, and an extended back deck perfect for entertaining. Plus, there's an attic above the garage for extra storage. Come see this peaceful retreat and fall in love! Schedule a viewing today!

541.525.9955

 
 

We had a cooler week last week for weather and activity in the real estate space. The market right now is still seeing an increase in inventory, with properties listed at higher price points but eventually their closing price is more of a flat trend. Homes are still selling everyday, but it is becoming much more of a craft to find success right now and the years of easy listings has seemed to cool off. The current environment is feeling more challenging for sellers, making it crucial to price your property competitively and ahead of market trends. Additionally, you may experience less buyer activity, so ensuring your property makes a strong impression both online and in-person is essential for success. Those winning right now are the buyers that are able to shop with large down payments and cash. There is plenty to look at and room for negotiating great prices and terms! Shoot me a message if I can give you any guidance in today's market and how you can position yourself to win.  - 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!

 

Home Prices Aren’t Declining, But Headlines Might Make You Think They Are

Are misleading headlines causing confusion about home prices? Get the real story on why home prices aren't actually declining.


 

Market Snapshot


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