Have you heard?
Steve Scott, one of the most highly-respected brokers in the Central Oregon real estate community and principal broker of Steve Scott Realtors, has announced that he will retire later this year after nearly four decades of service.
While his plans were announced to the public just last week, Steve and the agents at Steve Scott Realtors have been planning the transition for months. And after considering several options, most of my fellow brokers at Steve Scott Realtors and I have decided to team up with another leading real estate firm. Over the next month, I will be joining the group of outstanding brokers at RE/MAX Key Properties in a newly expanded, state-of-the-art office in downtown Bend!
Combining the power of the internationally-recognized RE/MAX brand with the unprecedented local knowledge and experience of Steve Scott Realtors will create a dynamic, fun-filled and prosperous experience for my clients and I can't wait to get started!
I thank Steve for his years of leadership and friendship and wish him good health and much happiness in the future.
Saturday, October 29, 2011
Tuesday, October 11, 2011
3rd Quarter Sales Show Stability In Bend Housing Market
The median price of homes sold in the 3rd quarter increased 5.1% from a year earlier, while sales volume was nearly identical. Prices also climbed 3.3% on a square foot basis.
The median sale price for homes sold in the July through September period was $205,000, up from $195,000 for the same period a year ago. And the median price paid per square foot was $112.95 in Q3, compared to $109.30 in 2010.
422 houses were reported sold in the 3rd quarter, almost the equivalent of the 421 sold a year ago.
Through the first 9 months of the year, sales volume in Bend is up 1.8%. Prices are down slightly; the median price paid in 2011 to date is $192.5K ($106/sf) compared to $195k (107.62/sf) over the same period in 2010.
With historically low interest rates (around 4.125% for a 30 year fixed rate loan) and a relatively tight rental market (good, clean rentals aren't available for very long), I expect this stability to continue in to the foreseeable future.
If you're curious to know what your house is currently worth, or want to find out exactly what you can afford to buy in today's low rate environment, please give me a call at 541.410.9060.
The median sale price for homes sold in the July through September period was $205,000, up from $195,000 for the same period a year ago. And the median price paid per square foot was $112.95 in Q3, compared to $109.30 in 2010.
422 houses were reported sold in the 3rd quarter, almost the equivalent of the 421 sold a year ago.
Through the first 9 months of the year, sales volume in Bend is up 1.8%. Prices are down slightly; the median price paid in 2011 to date is $192.5K ($106/sf) compared to $195k (107.62/sf) over the same period in 2010.
With historically low interest rates (around 4.125% for a 30 year fixed rate loan) and a relatively tight rental market (good, clean rentals aren't available for very long), I expect this stability to continue in to the foreseeable future.
If you're curious to know what your house is currently worth, or want to find out exactly what you can afford to buy in today's low rate environment, please give me a call at 541.410.9060.
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