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Central Oregon Market Report - September 7, 2022


New to the Market 60969 Amethyst Street - Bend Affordable, move in ready single level, 3/2 home located in SW Bend! Quality craftsmanship throughout. Beautiful hardwood floors, western maple cabinetry, solid wood core doors and vaulted ceilings. Functional single level floor plan includes gorgeous kitchen with tons of storage, custom dining area and large laundry room. Low maintenance landscaping with drought resistant plants and beautiful old growth Ponderosa trees. Backyard includes newer trex-deck, fire pit area, storage shed and custom greenhouse!


 

WEEKLY UPDATE

Looking over our market stats, month over month, there has not been much movement to indicate what our Fall market might look like. From working day to day, I do sense that we will start seeing inventory slim down as we enter into the colder months. We will most likely see a final push from Sellers trying to put a deal together before they withdraw from the market as we head into colder months. That being said, I do think that we will have a higher than normal inventory over Winter and the market will continue charging foward. This is what we noticed last year and there is still a pent up demand to sell from the COVID lock down. This could be a good month for Buyers to take a swing at negotiating a discount or for a Seller to get a move on while prices remain strong. If you're curious where you land with your real estate needs, give me a call! - Greg

Mortgage Rate Updates




 

How Should You Invest in Short-Term Rentals Through a Recession? Learn from the experts on how to make your STR portfolio recession proof and what to look for in your next investment. Full Article


Expert Forecasts on Mortgage Rates As you think about your homeownership goals, the best place to turn to for that information is the professionals. Here’s a summary of the latest mortgage rate forecasts from housing market experts. Full Article

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