The real estate market in Bend Oregon continues to slump. It is now a buyer’s market. Prices are coming down and will continue to fall through the winter as the inventory continues to build. It is taking longer for homes to sell and there are more homes for buyers to choose from. The real estate markets in California, Arizona, Florida and other key states are leading indicators on how the [...]

Sales of new homes posted a modest raise in March, which was helped by improved weather, but the increase was less than anticipated and did not dismiss concerns about the continues difficulty in the housing industry. On Wednesday, The Commerce Department stated that new single-family home sales in March increased to a seasonally adjusted yearly rate of 858,000 units, a rose of 2.6 percent from [...]