The year 2020 will go down in the history books as an unprecedented year in many regards. The real estate market in Central Oregon was no exception. Since approaching the year’s end it seems appropriate to begin reflecting on this year’s real estate activity. The National Association of Realtors reported that existing home sales hit […]
Bend Housing
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Listen: The Source Weekly Update Nov 25 🎧
In this week’s update, we’re discussing unemployment checks and the eviction moratorium
In this week’s update, we’re discussing the conditions of Oregon’s unemployment payments and the push to extend the eviction moratorium. Source Weekly – Bend, Oregon · The Source Weekly Update Nov 25
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Market Update: Median Prices Jump Again in Central Oregon
October statistics continue to break records
As has become the norm, things are constantly changing, and records continue to be set in 2020. The real estate market nationally has experienced tremendous price growth in the last eight months, and Central Oregon has stayed right on par—even higher than the national average. Once again, in October, Central Oregon experienced another increase in […]
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City May Fund Services for the Unhoused
Bend City Council considers a tax levy to fund social services for people without homes
The Bend City Council debated various building tax levies for funding services for the unhoused during its Nov. 4 City Council meeting. The number of local people experiencing homelessness went up by 60% since 2015, according to the Central Oregon Homeless Leadership Coalition, to an estimated 969 people in 2020. City Manager Eric King introduced […]
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Through the Roof
If you’ve tried to buy building materials lately, you might have encountered unwelcome surprises.
What’s driving price hikes and back orders for construction supplies in Central Oregon?
Shuffling a pallet of tile around for a kitchen remodel, Bend Craftsmen Company Owner Hank Hill remarks on the state of the industry. Most quality builders in the region are booking six months out, at least, and that’s not to mention the costs of the materials those builders will use. Both issues can be tracked […]
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Plans for a Managed Camp at Juniper Ridge
Pressure from BNSF Railway inspires City to establish a temporary campsite
After years of controversy at Juniper Ridge, the City of Bend plans to build an RV park and campground for people without homes on the property within a few months. The 1,500-acre City-owned property in northeast Bend was primarily designated for industrial development. But only a few new businesses have moved into the area over […]
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The Source Weekly Update Oct 29
In this week’s Update, we’re discussing racial tensions and housing opportunities.
In this week’s Source Weekly Update, a look back at clashes between Black Lives Matter and Trump supporters, and a change in city policy that allows for a new type of housing. Source Weekly – Bend, Oregon · Source Weekly Update 10/29/20
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A Thriving Housing Market
Record-breaking numbers amid the pandemic
Summer is in full swing in the high desert, with high temperatures and an even hotter housing market as the July real estate numbers set records. According to the latest Beacon Report, in Bend the residential single family home median sale price jumped to a new high of $529,000, with a total of 318 homes […]
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Bend Median Home Price Increases for March
According to real estate statistics released this week in The Beacon Report, which is based on Central Oregon real estate statistics from our local MLS, the Bend median home sales price increased from $410,000 in February 2018 to $424,000 in March 2018 for sales of single family residences of 1 acre or less. The Bend […]
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3-D Printer Homes
A printer home sounds like something crazy, but also impressive. ICON has developed a technology using the Vulcan printer that can print a 650-square-foot house in 12 to 24 hours. Currently it costs about $10,000, and they’re working on bringing the cost down to $4,000. These are nice looking homes made of cement and therefore very […]