Posts with tag 'bend oregon real estate'

Bend Home Sales Facing Twists and Turns in 2023

The road ahead for Bend home sales in 2023 is facing many changes from that seen in 2022. Although the fall 2022 Bend real estate market experienced a season of transition with a significant slowing of home sales, the change should be looked at in relationship to the market prior to the Covid-19 pandemic and resulting real estate boom. While the road ahead appears to be in a "slow down" mode, it is all relative to an overall healthy market more balanced between sellers and buyers.

When January 2023 is compared with January 2022 for Bend single family home sales, the following changes are noted:

• Average sales price up 7.9% to $849,680*
• Median sales price up .3% to $684,950
• New listings down 27.8% to 109
• Homes for sale up 59.4% to 204

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What's in the January 2023 Newsletter?

• Bend Home Sales - 2022 Summary and 2023 Predictions
• Microwave Chocolate Cake Recipe
• Designers Predict the Hottest 2023 Home Trends
• 2023 Housing Market Forecast

Bend Home Sales Significantly Down the End of 2022 

When we study Bend real estate sales in 2022, we can state with confidence that the first six months were very different that the second half of the year. The first half of the year was a continuation of what was seen in 2021, with Bend single family home sales greatly impacted by lack of inventory and relatively low interest rates.  It was an extremely strong sellers' market with multiple offers and contingency waivers a normal occurrence. However, the second half of the year was highly influenced by rising mortgage interest rates with these more than doubling in just a few months - something that had never happened before in the country's history.  The high mortgage rates changed the buying power of potential Bend homebuyers, and the sales of

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Tara and Kyle Wieche have joined Bend Premier Real Estate

Working closely with buyers and sellers of real estate in Central Oregon, Tara & Kyle Wieche bring their combined dedication, expertise, and energy to every client. Outdoor enthusiasts, Tara & Kyle moved to Bend in 2005 and have raised their two children here while immersing themselves in the community and embracing the Bend lifestyle. As a successful and proven real estate team in Central Oregon, Tara & Kyle bring close to two decades of combined experience and expertise. They balance their individual qualities & strengths to provide an attentive, thorough, and personalized experience for every client.

Tara Wieche - 541.350.3695 / tara@teamwieche.com

A native of Chico, California and a graduate of the University of Utah, Tara has been a proud Bend resident since '05. She is an avid biker, hiker, nordic skier, and yoga practitioner and is particularly passionate about real estate. Her father was a bui...

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What's in the December 2022 Newsletter?

• Bend Real Estate Market in Transition


• Chasing Frozen Waterfalls


• 'Tis the Season for Eating


• A Place to Revisit Downtown


• Winter Home Selling Checklist