The Bend Oregon real estate market should bottom out in 2009. Gas prices are falling to record lows for the past several years. Interest rates are at all time lows for the past decade and building permits in Bend are also at record lows for the past decade. There is a good choice of bank owned properties and well priced owner properties to choose from. All of these factors should prove that now is the time to buy a home or investment property in Bend Oregon.
Bend Oregon real estate should be a long term investment. Today’s prices are back down to approximately where the prices were at the end of 2004 according to the Bend Oregon MLS. That was before the huge run up in prices occurred. The number of homes selling nation wide is starting to increase which will be sending more buyers to Bend and Central Oregon. Bend is still the best place on earth to live!
I moved to Bend in the recession of the early 80s. Those people with enough foresight that bought a home or investment properties in Bend during that time made hundreds of thousands of dollars. Some made millions when they bought bank owned subdivisions. Between now and the summer of 2009 is the time to buy real estate in Bend Oregon. Bend is a great place to raise a family or to retire.
If you’re serious about buying Bend Oregon real estate you should sign up for Jim’s free New Listing Notification Service or call or e-mail Jim today. Jim Johnson has been selling quality homes in Bend Oregon since 1981.
Call 541-389-4511 or see his web site to search the MLS - Bend Oregon Real Estate Expert . For more information about Jim click here Expert Advice. Jim is licensed by the State of Oregon as a Principal Broker for Bend Oregon Real Estate Expert.
Buyer’s still rule the Bend Oregon real estate market. Property values are down substantially from a couple of years ago and there are a great number of good properties to choose from. There are short sales, bank foreclosures and hugely discounted prices from sellers who must sell their properties now.
Bend is a great place to live and there are still many out of town buyer’s taking advantage of this down market. It’s a good time to buy! Gas prices are down, interest rates are low, the stock market is not a good place to put your money and prices may be as low as they are going to be in our lifetime.
Even if prices go down a little more from here the property you buy today will be worth substantially more in a couple of years. Don’t wait for the bottom. No one knows when we hit bottom until it’s already past. Now is the time to buy.
Jim Johnson has been selling quality homes in Bend Oregon since 1981. Call 541-389-4511 or see his web site to search the MLS - Bend Oregon Real Estate Expert . For more information about Jim click here Expert Advice.
If you’re serious about buying Bend Oregon real estate you should sign up for Jim’s free New Listing Notification Service or call or e-mail Jim today. He is licensed by the State of Oregon as a Principal Broker for Bend Oregon Real Estate Expert.
