BEND Oregon Real Estate WILL PRICES keep dropping? May 2024 Real Estate Market Update

BEND Oregon Real Estate WILL PRICES keep dropping? May 2024 Real Estate Market Update 🚨REDMOND, Oregon stats included🚨
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[@NoraLovesBendHomes]

I would be MORE than happy to do ANYTHING I can to help make your move to Central Oregon a smooth one! Contact me ANY TIME to get the process started to find your DREAM HOME!
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[@CaptainSnackbeard]

I hope it tanks completely.

[@NoraLovesBendHomes]

Why do you want the real estate market to tank?

[@CaptainSnackbeard]

@@NoraLovesBendHomes so humans can own their own homes, instead of being pushed into the arms of "rental company" parasites. The prices are disgusting, driven up by do-nothing "landlords" and gouging AirBnB "investors" trying to figure out how to make a mint while leeching off the working poor. America needs a reality check.

[@Pens4Life85]

Bend suffers from jobs and careers that sustain such market values. I feel like so many states at this point are being "propped up" by capital equity flight from CA home sales and older folks selling and moving out of CA.

[@NoraLovesBendHomes]

I would have to agree. I wish Bend would do more to attract business and living wage jobs.

[@Pens4Life85]

@@NoraLovesBendHomes the last thing America needs in any city is more "living" wage jobs. We need careers and "thriving" wage jobs. I have family that moved to Bend nearly 20yrs ago (....and yes, they sold their CA home and took the capital equity out of state) and apparently their property has gone up like 5-6x. That's completely unsustainable.
There's not a single industry in America that is more broken than real estate.

[@NoraLovesBendHomes]

I appreciate your opinion. I'm sure Bend will continue to change as the years pass. There are many "broken things" in this world....

[@Pens4Life85]

@@NoraLovesBendHomes very true! Maybe healthcare as well! 😀
I love Bend. The first time I visited my family maybe 2008 I was ready to move there -- MTB, hiking, topography, Deschutes, arid weather. But couldn't afford it then, definitely can't afford it now.

[@NoraLovesBendHomes]

I understand that! If we hadn't had a large down payment saved (from selling another home) and bought in 2018 before the crazy pandemic changed everything, we wouldn't have been able to afford a home here. We're stuck with the home we have! Can't afford to sell and buy a different one.

[@mrmja50]

Im sure prices are still higher then pre pandemic.

[@NoraLovesBendHomes]

Sadly... almost double 😔