“It’s quite extraordinary. Home sale prices increased by 15% just this summer. Historically, it’s 7% to 9% a year,” said Brian Ladd, a principal agent at Cascade Sotheby’s. Ladd grew up in the real estate industry and has been a broker for the past 20 years. “People are panic buying. I’ve never seen anything like […]
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The Bubble That Won’t Burst
As people from affluent cities pour into Bend to escape COVID-19, home sales and rent prices skyrocket, leaving locals priced out of the market