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Writer's pictureGreg Powell

Central Oregon Market Report - February 14, 2024 💕

Updated: Jun 21


Coming Soon

17756 Topflite Lane, Sunriver, OR 97707

Discover the perfect blend of comfort, convenience, and natural beauty in this stunning 4-bedroom, 3-bathroom home nestled in the heart of Sunriver, Oregon. As you step inside, you'll be greeted by an inviting living space filled with natural light, perfect for relaxing evenings by the fireplace or entertaining friends and family. The modern kitchen boasts stainless steel appliances, ample storage, and a convenient breakfast bar, making meal preparation a breeze. A beautiful surrounding and world class amenities make this retreat the location of choice!

 

In recent months, it's felt like the real estate market has slowed down considerably. This is true in many ways; less sales volume, longer days on market ect.. But if we look at the long term trends of home prices in the greater US market, we see that prices have held strong and we are about 9% above the long-term trend of appreciation. Being in Central Oregon, we have a large draw to our area. It's a beautiful place to live and Bend is considered to be one of the fastest growing cities on the West coast. The near future has many variables and it's hard to predict exactly where we are headed next, but it's safe to say that if you've had plans of making a move, right now is still a good time to sell your home. Make sure you connect with a local professional that can help you gauge where you stack up with your specific property and advise on the best marketing strategy to make your listing competitive. Give me a ring! - Greg

 

What's new with Mortgage Rates?

This is a scenerio for top tier borrowers with 25% down and great credit. These rates and better can also be seen for other borrowers by using seller credits!

 

Why More Investors Are Turning to Mid-Term Rentals: It’s Just Math

With the rise of short-term rental platforms like Airbnb, travelers and hosts alike embraced the idea of unique, short-term stays. However, the question that now looms large is whether the Airbnb dream is dead.






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