Bend Oregon Real Estate Is Hot

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Now is the time to obtain a new home in Bend Oregon. The prices of homes in Central Oregon have been going up in value steadily over the past several months and months. The Multiple Listing Service of Central Oregon reports that home values have almost doubled in the past four years.

One developer/builder in Bend recently lowered prices $20,000 across the board on his . He now has eight homes sitting finished. Might be also including central air-conditioning, upgraded tile counter tops, a refrigerator and backyard landscaping. These free upgrades and less expensive prices were inaccessible last years.

Developers can even be large firms that can afford to sell several houses unable to these people through a bitterly cold winter. One builder has lowered his asking associated with one particular home to just about $50,000 lower that the same floor plan sitting vacant down the street. He has several homes finished and sitting vacant together with his interest payments continue and here winter heat bills will be adding to his holding costs.

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Two: If they buy an in this particular area than they’ll be efficient at live their full time also if they want you can. Plus there are the countless different outdoor activities they can inside your niche . such as golf courses, boating, snorkeling, tennis, volleyball, surfing etc.

Here can be something alarming for anyone an investor. The average price per square foot is rising. Selling price per square foot last quarter was $174.25, last month $177.80 so that of May 17th. $181.22. What creates this change mean? Although pricing is moving up home values are still historically reduced in the Metro Phoenix space.

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