Bend Oregon Bank Foreclosures

June 12, 2009

More Signs of Recovery In Bend Oregon

Real Estate Recovery

Another sign of recovery for the Bend Oregon economy is the fact that personal income was up nation wide in April.  That is the first rise in personal income this year.  We are seeing more and more out of state buyers moving to Bend. 

I continue ...

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June 7, 2009

Home Sales Rising

 Home Sales Rising

Below is an article just released by the National Association of Realtors. 

Pending Home Sales Up for Third Month in A Row

WASHINGTON, June 02, 2009

Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the ...

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May 10, 2009

Mortgage Rates In Bend Oregon Are Still Great

 Good Rate on Bend Homes

Mortgage interest rates bumped up a little last week but have remained below 5% for the last two months.  Interest rates below 5% are outstanding and will head back up at the first sign of a recovery. 

That recovery may be happening right ...

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May 8, 2009

Inventory of Bend Oregon Bank Foreclosures Decreasing

Going Going Gone
 

The number of BEND OREGON BANK FORECLOSURES for sale is decreasing.  Foreclosure sales are increasing rapidly.  Last month the inventory of Bend Oregon Bank foreclosures listed for sale in the Central Oregon Multiple Listing Service was staying around 110 to 115. 

The inventory ...

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May 1, 2009

Signs of Recovery in Bend Oregon

Recovery
 

There are more and more signs of a recovery to the economy and the real estate market in Bend Oregon!  The Conference Board showed a huge increase in consumer confidence in it's latest survey.  The rate of price decreases in real estate nation wide is ...

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April 21, 2009

Bank Foreclosure Inventory Holding Steady in Bend Oregon

 Steady Foreclosure Inventory

The inventory of Bank Owned Homes for sale in Bend Oregon seems to be holding fairly steady. Bank foreclosures for sale in Bend have been staying around 110 active listing.   They sell on the average of one a day and a new one comes on the ...

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April 16, 2009

Buying Bend Oregon Bank Foreclosures

 Bend Foreclosures

BEND OREGON BANK FORECLOSURES - You should be aware of the procedure you go through when you buy a bank foreclosure.  All banks require the buyer to provide a check as earnest money, a pre-approval letter from a Mortgage Broker or proof of funds if you ...

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April 6, 2009

Bend Oregon Notices of Default Jump 156%

Foreclosures to Increase in Bend Oregon

The Bend Bulletin reported that notices of default in Deschutes County jumped 156% from last year.  Notices of default are filed by lenders with Deschutes County when a homeowner is two to three months late in their mortgage payments.  These default notices ...

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March 15, 2009

Bend Oregon Bank Foreclosures are Selling Fast

BEND OREGON BANK FORECLOSURES are selling fast!  They seem to be a hot commodity these days.  They are selling at a rate of almost one per day.  There are currently 105 bank owned homes in Bend for sale through the Central Oregon Multiple Listing Service.  There have ...

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March 4, 2009

Cash Buyers for Bend Oregon Real Estate

 Cash Buyers for Homes

I'm starting to see more and more cash buyers for Bend Oregon real estate.  Bank Foreclosures in Bend are starting to attract more cash buyers.  Smart investors and home owners are looking for a good place to put their cash and real estate ...

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