Ever wonder what are the fundamentals of a balanced housing market? This graphic sums it up concisely.
As you are probably already aware Bend and Redmond home prices are increasing like crazy and have not slowed down yet. Central Oregon is in a seller’s market right now. While Bend has had a steady increase Redmond is exploding. Redmond has seen as much as a 30% increase in home values in the last year alone. The rest of Central Oregon is also booming. I know this probably sounds like a good thing, so why do you need to be careful?
If you have ever been on home search sites in the past you have probably learned that they are lead generation sites and sell your information to several different realtors and mortgage officers. After your home search you have the hassle of the phone calls that follow. Meanwhile all you wanted was to look at a few homes on the web before you decided to buy or sell your home.
Did you know that the average For Sale by Owner received 10% less than Agent Assisted sales?
Yesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised ...
With spring right around the corner, you may be wondering if you should wait to enter the housing market. Here are four great reasons to consider buying a home today instead of waiting.
Prices Will Continue to Rise