top of page

CENTRAL OREGON MARKET REPORT - SEPTEMBER 13, 2023

Updated: May 20

Epic Mountain View Property in Redmond - $760,000

Incredible property in Tetherow Crossing with great access to the Deschutes River and public lands. Almost 5 acres on a slightly elevated lot, has this property perched above it's surroundings for great privacy and a peaceful setting. Reverse living allows for stunning mountain views in all directions and a wrap around Trex deck gives great flex space to the outdoors. Brand new hardwood floors throughout, new granite counter tops & black stainless steel appliances for a sophisticated living space. Anderson windows with specialty 'Truscene'' screens for better visibility & increased airflow. Triple head ductless heating/cooling systems allow for year-round comfort and woodstove for great ambience on a cold winter night. Three bedrooms and two full baths upstairs, with a large bedroom, office and full bath suite downstairs. Great layout with separate living areas could make for a perfect multi-generational set up. Plus a 20'x24' shop for toys and projects, RV parking and much more!


For more details or a private showing Call now - 541.525.9955 

 
 

Things are still happening on the real estate front, but the market has taken a bit of a sluggish turn here in Central Oregon recently. This could come from a variety of factors; interest rates, families settling back into the school year and smoke from the wildfires rolling through. The inventory has filled in a bit as well offering more options for Buyers to browse through and in turn, more competition for Sellers. All in all, the market has continued to slowly shift. That being said, we have not completely settled back into a 'normal market' yet. We are still seeing prices hold strong compared to historical numbers and plenty of opportunity still exists. Both Buyers and Sellers could have much to gain if the time is right for them personally and if you've been tip toeing around for a while now, I don't recommend waiting or trying to "time the market" based on unknowns. If your curious what might make sense for you, give me a ring! I'll give you straight answers, with no pressure and let you decide what's best for you and your family. - Greg

 

Mortgage Rates Update

Snap shot of premium loan rates at this point in time

 

Buyer Traffic Is Still Stronger than the Norm

the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it.


A Guide to Seller-Paid Mortgage-Rate Buydowns

Rising mortgage rates can be a barrier for prospective homebuyers, but seller-paid discount points may help to close the deal.


 

Market Snapshot


Comments


bottom of page