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 of bank owned homes for sale has been hovering around 95 for the last couple of weeks. Just a few weeks ago I posted that there were about 30 bank owned homes sold in a month. There have been 45 sold in the past 30 days as of today!
That is a 50% increase is sales and an 18% decrease in the number of homes for sale. It won't be long before all of those sitting on the fence will realize they should have bought something when there was a larger choice and interest rates were lower.
Some of the best buys in Bend are foreclosures and they are selling fast. If you’re thinking about buying Bend Oregon real estate 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