Deb Tebbs Group

Cascade Sotheby's International Realty

Bend Tops Best City List!

According to Cascade Business News, Bend is the best city in Oregon when it comes to: amenities, cost of living, crime rate, education, employment and distance to hiking and skiing.

Can you expand on why Bend?

“This city certainly didn’t have to bend over backward to make it to the top of our list—it won outright. Bend is not only just a few miles away from some of the best hiking trails and ski resorts in Oregon, but it also has a stellar education system, with a high school graduation rate 10 percent higher than the state average and some of the highest home values in the state as well.

Over the past five years, Bend’s population has been booming. Outdoor enthusiasts flock from far and wide for parks like Pilot Butte State Scenic Viewpoint, skiers to Mount Bachelor, and runners to the Haulin’ Aspen Trail Marathon. It truly is a wonderful place to raise a family—or at least, raise your heart rate.” said Movoto Real Estate.

In case you were wondering, here are the top 10:

1.    Bend
2.    Sherwood
3.    Beaverton
4.    Milwaukie
5.    Oregon City
6.    Tigard
7.    Portland
8.    West Linn
9.    Lake Oswego
10.    Happy Valley

 

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Bend Median Home Prices Up

According to the Bratton Appraisal Group, Bend, Oregon median home prices are up to their highest level in 5 years!  The figures rose $33,000 in just one month – from $265,000 in August to $298,000 in September.  The last time numbers near this were seen was in June of 2008.  Additionally, Bend has seen 5 consecutive months of home sales over 200 & prior to that, numbers north of 200 hadn’t been seen since 2006.  Things continue to look up for Bend & its real estate!!

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Government Shutdown Impacts Builder Confidence

Both builders & consumers have been shaken by a combination of  increased mortgage rates, the government shutdown & the debt limit debacle.  Single-family home builder confidence is at its lowest level in four months, but ironically, overall optimism relatively high. It is also important to note that interest rates are still incredibly low, relative to historic levels. Read the full article at worldpropertychannel.com

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