top of page

CENTRAL OREGON MARKET REPORT - MAY 24, 2023

The "Hobbit House" of Bend!

61303 Ring Bearer Court - Bend - $1,250,000

This unique, new listing through our office is definitely worth a look!

Dreams come true in this custom European-style Tudor storybook home. One-of-a-kind stylistic design is built into every detail of this themed house. Aptly called ''The Butterfly Cottage'' and the ''Hobbit House'', you will find unique features woven purposefully. From the Celtic butterfly hand-carved in the exquisite marble mantle to the hobbit hole artfully crafted into the landscaping, features include soaring open timber-framed 25 ft. ''Cathedral'' ceiling; faux thatch roof; rich bamboo floors; Japanese cypress soaking tub; and granite, marble & river stone tile. Take a look through in the link below.

 
 

In today’s office meeting we reviewed some interesting statistics. Trends show that there has been an uptick in activity in the market, with more homes going under contract. In contrast, there has been less inventory coming to the market in the form of new listings. Of course this shows that demand has made a comeback; It may be that the seasonal swing has picked things up or maybe the post interest rate pouting has come to an end ;)  Either way, this makes for a great opportunity and possibly a last hoorah for Sellers to capitalize on a strong market where they still hold some leverage. If you’ve been on the fence or are curious where your property/price point/neighborhood stacks up, please give me a call so that I can advise on whether it makes sense to move or wait. No obligations, just sound advise from a local expert! 

- Greg

 

Mortgage Rates Update

The below rates are ranges of what to expect, but these numbers may vary based on your criteria and qualifying information. Let me know if you'd like to connect with a preferred lender.

 

The Best Time To Sell Your House Is When Others Aren’t Selling

If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.


Get Outside: Seventh Mountain Rafting Company

A fun option to hit the river on a quick guided trip in Bend. Perfect opportunity to mix things up with visitors or family this Summer.


 

Market Snapshot


Comentarii


bottom of page