Your quick weekly look at what's happening with mortgage rates and in the housing and finance markets.

Your quick weekly look at what's happening with mortgage rates and in the housing and finance markets.

Bend's Population..

 

Did you know? Bend’s population in 1950 was 11,409. In 2023 it was 107,305.

Wall Street looking north from Franklin Avenue, circa 1960s.

Bend Market Update

 

BEND, OREGON MARKET UPDATE FOR NOVEMBER 2023

$735,000 Median Price (down from October)
$367 Median Price Per Sq Ft (down from October)
121 Total Residential Sales (down from October)
2 Months of Current Inventory (same as October)
17 Median Days on Market (same as October)
Courtesy of the Central Oregon Multiple Listing Service

Prices are coming down a bit which is a normal occurrence this time of year and inventory has remained steady for several months. Winter is a great time to look for a new home if you need more time to shop around and want to have more bargaining power. Call me when you're ready to shop.  541-771-8947 thanks