Rent Real Estate

Market Conditions

Is Bend, Oregon, really a market for investors? One local expert thinks so. Here"s why. The current market is geared towards buyers, with activity at a slower pace than last year. But with interest rates still below 7 percent and employment healthy in the area, investors and sellers could see a good response at this time. In fact, experts report, "Residents" biggest challenge going forward will likely be adjusting to the growth that their welcoming community attracts." Inventory levels are higher than in 2006, which could be affecting prices. "Average residential home sales through the second quarter of 2007 were $418,227 compared to $399,543 for the same period in 2006." For information on your area, please click here. Click here to view current Market Conditions in your location.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Why Loss Of Homeowner Tax Benefits Will Cause Real Estate Bust
In a moving letter to Treasury Secretary John Snow, Tom Stevens, president-elect of the National Association of Realtors pleads for extreme caution in deliberations to include the elimination of the mortgage interest deduction in budgetary and legislative proposals. Doug Duncan, chief economist for the Mortgage Bankers Association explains in plain terms why losing this important homeowner tax benefit will throw the housing market into a bust.
Popular Articles
poundstillpayday

How To Get The Best Appraisal
After the searching, after the contract, after the loan application, comes the appraisal. The appraisal is the traditional ceremony of determining if you paid too much for the property or to see if you nabbed yourself a great deal.

The New World of "Old"
Wouldn"t it be ironic if the people least impacted by changing real estate trends were the oldest folks in the neighborhood?