Posts

Posted on

Sunriver Real Estate Activity Makes For Hot Summer 2016

The Sunriver home market is currently among the most active in all of Central Oregon & recent trends combined with national market factors promise Sunriver real estate a HOT Summer 2016′

Sunriver is a investment or secondary home market and it’s value recovery following the housing collapse (like most secondary markets) has lagged behind more traditional residential real estate markets. More specifically, Sunriver has not enjoyed a rapid value appreciation like the more traditional residential markets of Bend and Portland have seen.

Sunriver is a little deceiving though… Market momentum has been steadily building by way of increased sales, a slimming inventory and decreasing days on market for the last 4-5 years and yet the appreciation has been slow to come… read more

Posted on

Real Estate Market Update | Rising Interest Rates?

Real Estate Markets Reports Strong Numbers To Close Out 2016825 NW Portland Avenue - 201809029

Fed Raises Interest Rates

The Fed recently made the move to raise short term interest rates for the first time since the economic downturn of the late 2000’s. Fortunately, an interest rate hike from the Federal Reserve does not equate to higher mortgage interest rates for home buyers. Mortgage interest rates long with long term debt actually lag behind short term interest rates with many experts predicting mortgage rate increases spread out over the next few years & not just days or weeks.

As rates begin to rise over the coming years remember, we would have to go back in time to the 1950’s, to find interest rates this low. Specifically 1956, the year Elvis’ “Heartbreak Hotel” hit number one on the record charts. read more