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Central Oregon Market Report - September 21, 2022


New to the Market! 61400 Blakely Road - Bend Fully renovated, single level on over a half acre in a prime location w/ RV parking! Thoughtful special touches include red and white oak floors, dimmable lighting, forged steel hardware, primary suite rental potential and overall layout. You are greeted by a custom built-in mud area and an inviting open concept. Light and bright living room features large windows, pellet stove and hardwood floors. Stunning kitchen highlights your over-sized island, SS appliances, quartz countertops, slide-out vertical spice racks and soft-close solid wood cabinetry. Recent primary suite addition w/ private access and courtyard allows for a separate floor plan and/or can be locked off from main house (has double insulated wall and fire door for audio privacy). Other upgrades include electrical panel, refinished back deck, HVAC, storage shed, professional landscaping and a brand new roof. Close to trails and 1 mile from the Old Mill. This one cannot be missed!


 

Recent market corrections and price drops in the lower price points have been providing more inventory of affordable homes for those looking to break into the market. Homes are still selling, but Sellers are having to participate in negotiations and be more patient, as days on market has continued to increase. All in all, we are seeing a very healthy market and good opportunities for both sides. It's important to understand the ins and outs of how deals are coming together right now and best utilize all of the tricks of the trade to leverage yourself over your competition; pricing, marketing, negotiations, seller credits, ect. If you're considering a move, let me fill you in on how to be a winner in this market. - Greg


 

Mortgage Rates Update


 

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