The Bend Oregon real estate market continues to chug along. Prices are still falling. There are now 101 homes on the market in Bend $200,000 or less. The least expensive is a one bedroom 1 bath fixer upper for $115,000. Next in line is a 2 bedroom one bath home for $125,000.
The median priced home is $189,450. Homes in this price range are 3 bedrooms, 2 baths around 1,300 square feet. The average price per square foot is $159.38. There are several newer homes that are bank short sales for $120.77 per square foot. These homes are 3 bedroom, 2 1/2 baths and , 1,656 square feet. They are priced at $200,000.
There is still 100% financing available for those buyers that have substantiated income and a good credit report. Prices may go down some more but interest rates could also go up. Now is a good time to step into a starter home in Bend Oregon.
Jim Johnson has lived in Bend Oregon since 1981. Call 541-389-4511 or see his web site http://www.bendoregonrealestateexpert.com . To see more information on Bend Oregon click on the link below. http://bendoregonrealestateexpert.com/bendoregon.asp
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