Bend Oregon Real Estate is Changing
I was just looking at some old posts in our Bend Oregon real estate blog and found the following:
"There are currently 89 houses listed for sale in the Bend Oregon MLS that are under $250,000. I’ve always felt the best rental houses are 3 bedrooms and 2 baths with a double car garage. A newer house is preferable because of future repairs. The 89 houses for sale in Bend meet this criteria and some have 2.5 baths and 4 bedrooms and were built in 2000 or later. This includes bank repos and short sales."
My, my how things change. That was in September 2008. There are now 445 three bedroom (or more), two bath (or more) homes for sale in Bend including short sales and bank foreclosures built in 2000 or later. Inventories are going down but will probably pick up a little this spring as more used homes come on the market.
It is always easy to buy stocks or real estate when the market is rising quickly. It takes a little insight and guts to buy when the market is near the bottom. I do believe we are currently hitting the bottom of the Bend Oregon real estate market. 2010 is the time to buy.
If you’re thinking about buying a home in Bend you should sign up for Jim’s free New Listing Notification Service or call or e-mail today. Jim Johnson is a Certified Residential Specialist and 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. Jim is licensed by the State of Oregon as the Principal Broker for Bend Oregon Real Estate Expert. E-MAIL or go to Bank Foreclosure Information.
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