According to a recent article in Housing Wire, due to soaring home prices, many investors and builders are building to rent.
The Beacon Report, which is based on real estate statistics from our local Multiple Listing Service (MLS) released its reports of the March 2017 figures, which allows some interesting comparisons to last year's Bend single family residence sales of 1 acre or less.
Repealing Oregon's ban on rent control and restrictions on a landlord's ability to evict tenants
On March 30, House Bill 2004A passed the Oregon House Committee on Human Services and Housing.
Spring is the time of year when homeowners think about putting their homes on the market.
As reported in last week's article, the affordable $100,000-$350,000 home price range has had the largest demand and greatest inventory declines for the past two years.
Putting Pressure on Housing Prices
The Beacon Report, which is based on real estate statistics from our local Multiple Listing Service, recently came out with February 2017 figures.
A recent article I read addressed the many ways some sellers sabotage the sale of their homes.
We typically hear that the main obstacles keeping many millennials from entering the housing market are student loan debt, stricter credit standards and escalating rents that make it difficult to save for a down payment.
Many people lack sympathy for landlords jacking up rents to the max in areas with close to zero vacancy rates. Housing involves real people with real lives, and the current housing environment is not very healthy for affordable home ownership or rental.
The Beacon report, a monthly report based on Multiple Listing Service (MLS) statistics, recently released January 2017 market statistics.
According to a recent report from the National Association of Realtors, first-time buyers comprised 32 percent of the nationwide home sales in 2016.