For most it's a buyer's opportunity of a lifetime. The pre approved purchaser will find values and interest rates at an all time low. Real Estate is a cyclical investment. If this is not the bottom....it's very close. The 2,000 plus transactions in Bend area over this past year would indicate that the word is out. Well priced listings are selling, especially in the lower price ranges that attract first time buyers and cash flow investors.Luxury homes are going at prices far below their production cost. Local property managers say there is a 3 percent vacancy rate in Bend, slightly higher in surrounding towns. It's an indicator that the move up market is not far behind. Take a look at the local statistics on my website for more insights into this marketplace.
ZIP Codes: 97701, 97702 Location Characteristics: Bend is one of those locations many people aspire to live in. It's primarily a resort community with lots of sunshine and year round activities like golf, skiing, hiking, cycling, fishing, and many other outdoor activities. Being active is just a part of life here.
About Jim Moran, Broker:
I tell my friends that I'm going out of Bend "feet first". By that I mean I've found the place I want to spend the rest of my life. Having lived in the Bay Area,Seattle and traveled in a lot of the world I think that's a strong endorsement. Most people here feel that way and live here by choice. Having been in the Real Estate and Banking industry for over 30 years I find Bend to be a pleasure to represent as a place to live and as a solid investment. I look forward to sharing all Bend has to offer. call me soon.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
