These figures are for stick built homes and residential lots. Although the inventory is great, there is still activity with a slight increase in the new year.
In Bend currently there are 195 pending transactions for residential homes and 21 residential lots. 1115 active residential listings and 781 lots. Within the last year 1144 residential home listings have sold and 142.
ZIP Code: 97701 Location Characteristics: BEND, OREGON, southeast of Portland, Oregon, population 75,000+ in 2008, is the largest city in Central Oregon and is located just a half hour from Mt. Bachelor. This beautiful city was formerly a mill town and the Old Mill District has reserved evidence of that history. Shopping and many unique restaurants are available in the Old Mill District, downtown and at outer area outlet malls, including top name stores. The amount and variety of restaurants provide the dining choices of the big city in a small town casual setting. During the summer you can sit outside at one of the restaurants next to the river and view the wildlife and watch people float by on their tubes and kayaks on the Big Deschutes River.
REPORT: BEND IS A TOP PERFORMING CITY!
The Bend metropolitan area, which includes all of Deschutes Dounty, ranked #3 among the nation's best performing small metro areas, according to the Milken Instuitute/Greenstreet Real Estate Partners 2008 Best-Performing Cities Index released Wednesday. Bend, #1 in last year's ranking, was replaced by Midland, Texas, among the 124 small metro areas (235,000-people)examined. Coeur d'Alene, Idaho ranked #2. The index ranks metro areas based on the ability to create and sustain jobs, and includes one-and five-year measurements of employment and salary growth, according to a press release from the Milken Institute. The index also uses four measurements of technology output growth because technology has a crucial role in regional economic growth, the release said.
CENTRAL OREGON boasts almost 300 days of sunshine a year. With its geographical diversity and numerous recreational opportunities, you can travel and enjoy a different destination each day you choose to explore the area. The Cascade Lakes Highway is highly recommended and provides the opportunity to enjoy Mt. Bachelor, Sisters and the numerous lakes along the way. This trip abounds in scenic beauty and photo opportunities.
For the avid golfer, Central Oregon provides the perfect climate and has the reputation as a golf destination. Other activities include skiing at Mt. Bachelor, snowmobiling, rafting, hiking, camping, fishing, rock climbing at Smith Rock State Park and kayaking, just to name a few.
WHY DO PEOPLE COME TO BEND? Who visits Bend, and what do they do once they get here? Survey says! 1. Recreational possibilities, especially water sports in the numerous surrounding lakes, sightseeing, leisure and events. 2. Tourists like to visit downtown. It's a reflection of how important a vibrant downtown is for the tourism industry.
The largest percentage (29.2%) of visitors are from the Portland area, elsewhere in Oregon (39.6%), but 16.8% are from California. Tourism is estimated to have an economic impact of $571 million per year in Central Oregon.
About Beverly Sherrer:
Exceptional service is the best way to differentiate yourself from the competition. I am energetic, enthusiastic about where I have lived for 23 years and have the work ethic to “go the extra mile” and with my in-depth expertise make it an unbeatable combination.
A major presence in the area’s luxury home & estate sales, yet I enjoy helping everyone to find their dream property. Locally known and internationally recognized realtor with over 17 years experience matched with being a skilled negotiator & successful communicator.
I act as both a buyers and seller’s agent & have represented over 40% of my clients on both sides of the transaction.
My service utilizes the assistance of two licensed assistants. Raised in Oregon with a passion for living in a beautiful recreation area of Central Oregon.
I have sold over $455 Million since 1993 and treat every transaction as a client’s most important investment.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
