Monday, July 27, 2009
Saturday, July 11, 2009
Bend Sales Activity Shows Continued Improvement
The pace of home sales continued to show improvement in June, with 132 sales reported for the month, an increase of 13.8% from a year earlier.
Through the first 6 months of the year, sales activity has increased 8.9%, with the pace of sales picking up in the 2nd quarter. The number of sold properties increased 13.3% in the April thru May period compared with the same months in 2008.
Much of the improved sales activity can be attributed to lower home prices, with the median price of homes sold in the 2nd quarter down 31.5% year over year, from $306k in Q2 2008 to $209.5k in Q2 2009.
In addition to lower prices, the federal government is offering a tax credit of up to $8,000 to home buyers who have not owned a principal residence in the last 3 years.
To find out more about how to take advantage of today's opportunities, call me at 541.410.9060 or send me an email at Dan@DanEvansRealEstate.com.
Through the first 6 months of the year, sales activity has increased 8.9%, with the pace of sales picking up in the 2nd quarter. The number of sold properties increased 13.3% in the April thru May period compared with the same months in 2008.
Much of the improved sales activity can be attributed to lower home prices, with the median price of homes sold in the 2nd quarter down 31.5% year over year, from $306k in Q2 2008 to $209.5k in Q2 2009.
In addition to lower prices, the federal government is offering a tax credit of up to $8,000 to home buyers who have not owned a principal residence in the last 3 years.
To find out more about how to take advantage of today's opportunities, call me at 541.410.9060 or send me an email at Dan@DanEvansRealEstate.com.
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