It has been a summer of neglect for my blog page. I was shocked to see that my last entry was back in June of this year. I thought I had done a better job of keeping folks updates on the real estate trending for Bend.

To bring you all up to speed the quickest way to access this information is on my web site shopbendhomes.com. For today I am including the information for the Duke Warner Realty Bend Real Estate Trends, The Bratton Report and the Bratton Notice of Default Report.

What we have seen for this past summer is a market that has leveled out price wise and inventories of homes has shrunk. Finding a good well priced home under $300,000 has been a real chore for most folks. When reviewing the market trends you can see how active the lower end of the market has been while the upper reaches of the market remain sluggish. This is a trend I would expect to see through out the winter and baring a miraculous turn around in the economy this will continue well into next year. Possibly some political maneuvering for the Presidential election may bring some temporary muscle to the economy.

What we see and hear most is that Bend is not dead, the title wave of shadow inventory in foreclosed properties is not coming. There is no dobut that there will be some large swells to navigate through but there are many folks waiting for the right moment to make their move here. All of the events, activities, weather and prefered lifestyle that drew many folks to Bend over the last decade remain. The long term prognosis for Bend is good, interest rates are low and opportunities are slipping away.

Give me a call if you need some one to be your bird dog for properties. I am constantly searching for properties for my clients and would welcome the opportunity to work for you.