central Oregon market report - December 22, 2021 |
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Investment opportunity in Prineville 8 plex in downtown! Two, single level buildings total 3096 sf, separate laundry building, all built in 1950, .34 acre. Fully leased property with 6 of the tenants being there for over two years. Market rents have much room to grow with rent increases. Laundry building has 4 units (2 washers, 2 dryers) that are coin operated, adding additional income. Full Details |
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Home sales are a bit slower this season then they were this time last year. Days on market are moving higher, which usually indicates a market slowdown: That being said, the market average is only 26 days, so we are still experiencing a strong sellers market. Sales prices are staying strong, but I am noticing several properties that are over priced or poorly marketed that have been sitting on the market or phasing out as Buyers reject it and the Seller loses hope. I believe that inventory will stay low this Winter and into early Spring, providing Sellers with more time to capitalize on the market if done correctly. If your curious about good timing for your home sale, give me a ring! Until, then have a wonderful holiday and enjoy the snow! -Greg |
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Find out what real estate and mortgage experts predict will happen in Spring 2022. Seasonal selling strategies, interest rates, market trends and more! | | |
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Exclusive TMO report from Bend's market center for current stats Notice trends in different price points and see what you might be able to excpect if you were to list you home now! | | |
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If you or your neighbors need a hand with snow removal: driveways, roof, awnings, ect.. Give me a call so that I can connect you with the help you need! | | |
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