I Sell Sunriver Blog
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22
Sunriver Real Estate Market Report
Sunriver, OR 97707
If you have been thinking of selling your home, right now might be the time, it is a strong sellers market in Sunriver amist the Covid pandemic.
Wednesday July 22,2020
This week the median list price for Sunriver, OR 97707 is $775,000 with the market action index hovering around 50. This is an increase over last month's market action index of 42. Inventory has held steady at or around 21.
Market Action Index
This answers "How's the Market?" by comparing rate of sales versus inventory.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
It is a strong sellers market right now in Sunriver, inventory is low, interest rates are low and prices are up. If you have been tossing around the idea of selling now would be a great time to get your home listed for sale.
Information provided by First American Title
17
5 Tips for First Time Homebuyers
5 Tips for First Time Homebuyers
You have decided now might be the right time to enter into the Bend real estate market. Sometimes for first time homebuyers the process of purchasing real estate can be intimidating and very overwhelming. Keith Petersen will be there to help step you through the process from start to finish, he will help you get in touch with a mortgage broker to get you pre-approved so you know what price range you can start shopping in for homes, he will help you navigate the location and neighborhood that would fit your lifestyle and needs best and of course negotiating the purchase and handling all the paperwork that goes along with the real estate transaction. Be...
15
Sunriver Oregon Community Information
Sunriver Area Community Information:
Phase 2, Deschutes County - In compliance with guidelines
- Gathering limits will be raised to 50 people indoors, and 100 people outdoors.
- Indoor and outdoor venues, including churches, faith-based organizations, and theaters, with six feet of physical distancing and other measures in place, can reach a COVID-19 occupancy limit of up to 250 people.
- Offices can begin reopening and employees can return to workplaces with physical distancing and other measures in place, although remote work is still strongly recommended whenever possible.
- Increased travel is allowed throughout Oregon, though staying local is still recommended to prevent overloading county health systems.
- Restaurants and bars will have curfews extended to midnight.
- Pools and sports courts will be allowed to reopen under new guidance.
- Indoor and outdoor activities such...
9
How to Create Your Ultimate Outdoor Kitchen
Create Your Ultimate Outdoor Kitchen
Create a beautiful outdoor cooking space for relaxing and entertaining all summer long.
As summer approaches and temperatures start to rise, no one wants to spend time inside sweating over a hot stove. With an outdoor kitchen, you can make the most of the beautiful warm nights by spending them with your friends and family.
Whether you have thousands to spend or a just few hundred to splurge, create your own outdoor kitchen and enjoy all it has to offer.
Upgrade your grill
A rusty, dusty grill doesn't inspire lingering outdoor evenings. Upgrade your outdoor grill and take care of it all year round for a stand-out outdoor kitchen. A standard...
5
Mortgage Applications Defy Forecasts
Mortgage Applications Defy Forecasts
Home buyers are entering the real estate market at a much brisker pace than many economists forecasted. Mortgage applications for home purchases continue their upward streak, rising 9% last week compared to the previous week, the Mortgage Bankers Association reports. This marks the sixth consecutive gain for home purchase applications and a 54% increase since early April.
"The home purchase market continued its path to recovery as various states reopen, leading more home buyers resuming their home search," says Joel Kan, the MBA's economist. "Additionally, the purchase loan amount has increased steadily in recent weeks and is now at its highest level since mid-March."
Housin...