Prices are Still Falling on Bend Oregon Homes

The Multiple Listing Service of Central Oregon reported that the median prices of homes sold in Bend Oregon fell almost 12 percent in the first three months of 2008 as compared to the first three months of 2007. 

 I look for the market to pick up this spring (slow start because of the weather) and summer and then possibly go down more this winter.  Next spring should see prices rebound and start gradually up again.  The only stumbling block could be a deeper national recession.

 No one can predict the bottom of any market whether it's the Bend Oregon Real Estate market or the stock market.  Prices are down and interest rates are below 6%.  Now is the time to buy!!!!