Sunriver Resort Nightly Vacation Rental Home For Sale

Homes For Sale In Sunriver Oregon

18118 Modoc Lane Sunriver OR 97707 aka 16 Modoc Lane

Sunriver Home For Sale | More Info

16 Modoc Rental Projection

Sunriver Home For Sale 16 Modoc aka 18118 Modoc

• Chalet style floorplan-very similar to popular Cir 4 Ranch Cabins.

• SROA dues of $128.35 only; no additional condo HOA dues (like there would be with Cir 4 Ranch Cabins).

• Nicely sized private feeling ¼ acre lot well within maximum lot coverage calculation to allow for future addition / expansion of home (*Note-Buyer to complete all due diligence regarding lot coverage dynamic with the SROA). read more

Mortgage Interest Rates Upward Trend Continues

Mortgage Interest RatesMortgage Interest Rates Trending Higher

The national housing market has begun to reveal signs of balance while the FED continues to indicate mortgage interest rates will likely move upward for the foreseeable future. Notes from the Federal Reserves most recent meeting show strong sentiment for increasing rates regardless of growing wonder over the sustainability of the countries current period of economic growth.

Currently a 30 year fixed costs approximately 4.5% which equates to an extra $100 in monthly mortgage payment on a $350,000 loan amount when compared to recent mortgage interest rates of 4%. Rising rates will inevitably have a impact on the Sunriver real estate market but typically interest rates have greater effect on more traditional residential markets like Bend Oregon as opposed to secondary / investment type markets like Sunriver Resort. read more