Interest Rates will go lower!
Interest rates on 30-year fixed rate mortgages hit the lowest level on record since 1971. The average rate hit 4.785. That's the average rate however and rate below 4.75% were easily obtainable. Home prices are at very affordable prices, consumer confidence is up, manufacturing out put is up and the economy in general seems to be nearing a bottom.
Now is a great time to buy a home in Bend Oregon! There are 113 Bend Oregon bank foreclosures available on the market. There are more coming on the market every day but the same amount of bank owned homes seem to be selling daily. The average number of foreclosures on the market has stayed around 110 for the last couple of months.
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 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