January 2024 Market Update: Market Insights & Projections In Bend Oregon | Moving To Bend OR 2024
Are you thinking about moving to Bend Oregon and want to know January 2024 real estate update? Let’s explore the January 2024 Market Update: Market Insights & Projections In Bend Oregon. Discover what makes moving to Bend OR 2024 so special today!
Starting with median home prices, I delve into the data, highlighting the misconceptions and revealing the intriguing shifts in the market. Contrary to expectations, prices have not decreased with rising interest rates. In fact, they've seen a significant 14.5% increase over the past two years. I also touch on the Federal Reserve's potential rate cuts, a factor that could further impact the market dynamics.
The video explores the number of home sales, days on the market, and building permits, providing a comprehensive overview of the current real estate scenario. Inventory, a critical factor in buyer-seller dynamics, is discussed, along with the balance between conventional and cash transactions. I also share my insights into the anticipated changes in the coming months, emphasizing the potential for a more competitive market and increased home prices.
Moving beyond Bend Oregon, the analysis extends to Redmond Oregon, and smaller communities like Sisters Oregon, Sun River Oregon, La Pine Oregon, Jefferson County Oregon, and Crook County Oregon. I discuss their unique market dynamics, providing a holistic perspective on the real estate landscape in Central Oregon.
Whether you're a prospective buyer, seller, or simply intrigued by the real estate market, this video serves as your guide to making informed decisions in 2024.
If you’re thinking about moving to Bend Oregon be sure to give me a call, shoot me a text, send me an email, or schedule a Zoom call. I’d love to help you make a smooth move to Bend Oregon!
Get in touch:
Zach Nutter 541-390-1695
Ryan Rudloff 541-350-3993
Licensed Brokers In Oregon
eXp Realty LLC
Equal Housing Opportunity