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Posts made by author 'Keith Petersen'
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18
Central Oregon Real Estate Housing Market Update
Central Oregon Real Estate Housing Market Update for August 2020
Bend, Oregon
Bend has seen the housing prices stabalize a bit for August but inventory is lower than it was in July. The new detached single family residence permits increased to 76 from 46 in July. Building is definatly going on and growth is happening in Bend. Right now we are waiting to see how much the wildfires across or state will impact us.
Redmond, Oregon
Redmond's single family residendial housing market median sales price has increased aproximately 5% and the level of inventory is holding steady right now.
Sunriver, Oregon
In Sunriver the inventory is low with a median average sales price of $507,000.
La Pine, Oregon
Ri...
11
Central Oregon Housing Market Update
Central Oregon Housing Market Update for August 2020
The Central Oregon houseing market has taken off, the single family median sale price in Bend has broken another record in July.
Last month the median sale price was 
$529,000, up 12.55% from July 2019. The data was reviewed three times in order to ensure the $529,000 was correct. The number of sales in Bend reached over 300 sales in July. Demand is strong and the inventory level fell slightly lower than a one month supply. This spike may be temporary and time will tell if the trend remains over $500k.
In Redmond, Oregon the housing market for single family residence had a slight increase in July, $345k, up about 9.52% from July 2019.
Building permits in Bend and Redmond are at typ...
22
Sunriver Real Estate Market Report
Sunriver, OR 97707
If you have been thinking of selling your home, right now might be the time, it is a strong sellers market in Sunriver amist the Covid pandemic.
Wednesday July 22,2020
This week the median list price for Sunriver, OR 97707 is $775,000 with the market action index hovering around 50. This is an increase over last month's market action index of 42. Inventory has held steady at or around 21.
Market Action Index
This answers "How's the Market?" by comparing rate of sales versus inventory.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
It is a strong sellers market right now in Sunriver, inventory is low, interest rates are low and prices are up. If you have been tossing around the idea of selling now would be a great time to get your home listed for sale.
Information provided by First American Title
17
5 Tips for First Time Homebuyers
5 Tips for First Time Homebuyers
You have decided now might be the right time to enter into the Bend real estate market. Sometimes for first time homebuyers the process of purchasing real estate can be intimidating and very overwhelming. Keith Petersen will be there to help step you through the process from start to finish, he will help you get in touch with a mortgage broker to get you pre-approved so you know what price range you can start shopping in for homes, he will help you navigate the location and neighborhood that would fit your lifestyle and needs best and of course negotiating the purchase and handling all the paperwork that goes along with the real estate transaction. Be...
9
How to Create Your Ultimate Outdoor Kitchen
Create Your Ultimate Outdoor Kitchen
Create a beautiful outdoor cooking space for relaxing and entertaining all summer long.
As summer approaches and temperatures start to rise, no one wants to spend time inside sweating over a hot stove. With an outdoor kitchen, you can make the most of the beautiful warm nights by spending them with your friends and family.
Whether you have thousands to spend or a just few hundred to splurge, create your own outdoor kitchen and enjoy all it has to offer.
Upgrade your grill
A rusty, dusty grill doesn't inspire lingering outdoor evenings. Upgrade your outdoor grill and take care of it all year round for a stand-out outdoor kitchen. A standard...
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