Posts
The Bend Market is Bonkers!
Bonkers! The Bend real estate market is absolutely bonkers! For July, amidst the pandemic, we saw numbers never even dreamed of–the median price soared to $529,000 (up from $464,000 in June); and we saw the purchase of 318 homes! Both of these numbers are all-time highs, and have me contemplating a re-post of that lame…
“There’s Something Happening Here . . .”
There’s Something Happening Here (in Bend) As the astute reader has probably realized, we actually missed our May edition of this newsletter/blog . . . just the second time this has happened in the last five years! This time, the reason was bonafide (not some bogus excuse like too much great powder, biking the Via…
“Don’t Stand So Close To Me”
Sting pretty much got it right (click on the photo below) . . . especially timely today. April 2020 The first couple of weeks of the month looked pretty dismal . . . perhaps a bit of a hangover from the shelter-in-place ruling, the awkwardness of having kids (without friends) around the house 24/7, the…
Coronavirus and the Bend Market
The Bend Market Of course things are different now, and the true impact of the Coronavirus on the Bend real estate market probably won’t be decipherable until next month (the majority of the March transactions were already in process before the “sheltering in place” mandate was made). Still, in March, the market performed quite well….
We’re All In This Together
Interesting Times It’s an interesting time we’re in . . . rightfully, the process of selling real estate in Bend has taken a backseat to the coronavirus issues; maybe the reason this newsletter is so late in coming out. Still, life needs to go on, and, while I’ll try to refrain a bit from (my)…
January 2020 . . . “Start the year off right”
“Start the year off right . .” We finally got some snow, a bunch of it– 132 inches to be exact at Mt. Bachelor for the month. Spirits were high! And, borrowing the immortal words from Neal Sedaka, we all hoped January would “start the year off right” for Bend real estate. Well, I guess…
Inventory Woes . . . The Bend Market
The Weather? Maybe the weather had something to do with it. Sure, the calendar said December . . . certainly didn’t feel like it though. In Bend, it was warmer than usual, drier too. Mt. Bachelor had limited terrain open. What snow there was was surprisingly thin and firm. The days seemed interminable (for some);…
Bend Market Report . . . November Sucked
November Sucked (well, maybe not quite that bad) After six consecutive months above the “Mendoza Line” (above 200 sales), November’s numbers sucked. Perhaps it was the weather, a seasonal lull, too much turkey, or maybe a real softening of the market; whatever the case, Bend real estate took a hit in November. We saw the…
691,000 People Moved Out of California Last year
691,000 People Moved Out Almost 700,000 people left California last year, and, despite our feeling otherwise, not all of them moved to Bend. Here’s data from an article in the SF Chronicle (originally from the US Census Bureau) showing that some of the ex-Californians actually went to other locations. Traffic Issues in Bend So much…
The Bend Market Report . . . September 2019
The Pundits I guess the pundits aren’t always right (” . . . we’ll see a rather significant drop-perhaps up to 10%- in our median price; I’d also be surprised if we reach 200 sales for the month.”). Actually, September turned out to be a pretty good month for Bend real estate. We saw 213…