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Central Oregon Market Report - November 2, 2022


Overall sales volume in our market has decreased over the last month and I imagine it will drop off even more so with the recent change in weather. This seasonal shift is a part of the cycle and happens at just about the same time every year. The Winter market tests motivation and those in the market are faced with the decision to push forward or pull back. Either way, just keep in mind that closings continue to happen every day and those that are opportunistic can make great deals happen. Less inventory means less competition for Sellers and motivated Sellers mean possible deals for Buyers. The market has a funny way of balancing itself out. If you need any advice for your real estate plans, give me a call. Stay warm out there friends! - Greg


 

Mortgage Rates Update


Market Trends via Oregon Datashare



 

Building Up Bend A look at Bend developments in the pipeline. Multifamily residential and commercial projects that will soon become a part of Bend Full Article


See how home prices have gone up and down in Oregon’s top 10 counties in a year While homes priced correctly are trading hands, location is the top driver, and data shows that sales in the most populated counties in the state have been up and down. Full Article

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