Showing posts with label Real Estate Market Statistics Bend Oregon. Show all posts
Showing posts with label Real Estate Market Statistics Bend Oregon. Show all posts

Sunday, November 15, 2009

Has the Real Estate Market in Central Oregon Stabilized? Free Market Reports for your Neighborhood.

Has the Real Estate Market in Central Oregon Stabilized? Free Market Reports for your Neighborhood are available from Kryste Adams and Neil McDaniel of Fred Real Estate Group.


These reports will provide you with recent sales and active listings in your Bend, Redmond or any other Central Oregon neighborhood. Whether you are looking to buy or sell your home, take advantage of these reports so you can stay competitive in this challenging real estate market.





Knowledge is Key to staying on top! Please contact us with questions, we are happy to assist you with any of your Central Oregon real estate needs.

Sunday, October 4, 2009

Oregon Homeowners Open your Notice of Default Letters NOW! There May be Help Inside. New Law REQUIRES Lenders to Talk to YOU about Loan Modification!

Oregon Homeowners Open your Notice of Default Letters NOW! There May be Help Inside. New Law Requires Lenders to Talk to You about Loan Modification!


There is good news for Oregon homeowners trying to avoid foreclosure. A new law, Senate Bill 628, just passed the Oregon Legislature and now requires lenders to take more steps to keep Oregon homeowners in their homes. Senate Bill 628 will hopefully make it easier for homeowners in danger of foreclosure to get the information Bend Oregon Foreclosure Helpnecessary to stop the foreclosure process through loan modification.

A summary of the new requirements are below, the full details are available in a great article Foreclosure Life Line by KOHD news.


Lenders are now required to meet with Oregon homeowners either by phone or in person to determine if the homeowner qualifies for loan modification, which can lower their monthly payment. Not anyone from the lenders office can meet with the homeowner, it must be someone who IS a decision maker in regards to loan modification.

Oregon homeowners will now receive specific information within a Notice of Default Letter detailing the steps necessary to request loan modification. This includes the phone number you need to call to request loan modification as well as the form to fill out.

Important Points for Oregon Homeowners - YOU must take ACTION!

  • You have 30 days from the date of the foreclosure notice to request loan modification.
  • YOU must request the loan modification; your lender will not be calling you. Again, the forms and contact information will be provided in the Notice of Default Letter but the homeowner must request the loan modification.
  • Get Help, you don’t have to try this alone – call 1-800-SAFENET for foreclosure counseling services.

Additional resources for Oregon homeowners in need of foreclosure assistance.


Monday, September 14, 2009

Bend Oregon Real Estate Market Statistics - Homes Sold in Bend Oregon by Area in August 2009

Bend Oregon Real Estate Market Statistics - Homes Sold in Bend Oregon by Area in August 2009

You know you live in Bend when you reference every location with a NE, NW, SE or SW. Based on these locations her is where are homes selling in Bend, Oregon and what are the sales prices are based on location?

Homes Sold in August 2009 in Bend Oregon
NE Bend = 42
NW Bend = 43
SW Bend = 28
SE Bend = 29


60% of all homes sold in Bend were in the North end of Bend with the East / West difference being minimal both on the North and the South side.



Active Listings - Where are the Homes for Sale in Bend Oregon?
NE Bend = 272
NW Bend = 397
SW Bend = 269

SE Bend = 262

Again, NW Bend takes the lead for total homes on the market with the NE, SW and SE sections of town virtually even.


What are Homes Selling for in each area of Bend? As no surprise NW Bend comes in with the highest sales price. However, median home sales and minimum home sales are close across town.

Sales Price for Homes Sold in August 2009

Minimum Median Maximum
NE Bend $89,000 $150,000 $225,000
NW Bend $93,000 $375,000 $1,400,000
SE Bend $100,000 $232,500 $785,000
SW Bend $109,900 $275,000 $925,000

Bend's Quadrants

For my readers who are thinking about moving to Bend or unfamiliar with the layout, the town is divided into four quadrants.

The East / West dividing line is Hwy 97 (The Bend Parkway).

The North / South dividing line is a little more confusing. Starting on the East side of Bend the divider is Hwy 20 which turns into NE Greenwood then NW Greenwood as you are nearing and passing under the Bend Parkway (Hwy 97). Then just as you're leaving downtown Bend it turns into NW Newport Ave. and again turns into NW Shevlin Park Rd as you continue to head West.

About Me

Bend, Oregon, United States
Real Estate Broker with Taft Dire LLC We're here to help you navigate this roller coaster ride of a real estate market! Don't spend countless hours researching and sifting through ads to get your real estate answers - let us do the research for you. Email your questions and We'll provide the answers along with the links so you can see it all for yourself. When you are ready to buy or sell your home We'll guide you through the process with the best service and best fees you'll find in Central Oregon - or anywhere else.