According to the National Association of Realtors (NAR), pending home sales in June have risen by a couple percentage points - with largest increases in the West (yep - Bend, Oregon!) and South. All regions are showing significant gains over last year at this time.
In the article, which was posted yesterday, the NAR says that the Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.4 percent to 90.9 in June from 88.8 in May and is 19.8 percent above the 75.9 reading in June 2010, which was the low point immediately following expiration of the home buyer tax credit. The data reflects contracts but not closings.
We're keeping a close eye on the statistics and trends across the country, and are hopeful that trends in Bend, Oregon real estate will continue to rise!
For the complete article, and video, click here.
With the first weekend of the 2011 Central Oregon Builders Association Tour of Homes under our belts, we're looking forward to next weekend in the Bend, Oregon real estate market! Our agents are in homes all around Bend, including NorthWest Crossing, ready to show you what our beautiful town has to offer.
Check out our website to see all the homes that are open during the tour. In Bend, Oregon's NorthWest Crossing neighborhood alone, you'll want to make sure to check out these great family homes:
2330 NW Lolo Drive, Bend
2498 NW Drouillard Avenue, Bend
And many more - including several in NorthWest Crossing alone. Let our Bend, Oregon real estate experts help you find your dream home! We're excited to see what this weekend has to bring. COBA Tour starts Friday at noon!
We're so excited to host at many open houses this weekend at the kick-off to the 2011 Central Oregon Builders Association Tour of Homes - a showcase of Bend, Oregon real estate! While the actual tour starts at noon on Friday, July 15 we are co-hosting a special "Premiere and Reception" event at one of the very special homes on the Tour: SolAire Homebuilders' Zero Net Energy home. The first zero net energy home in Bend!
Join us on Thursday, July 14 from 5-7 p.m. at 2328 NW Dorian Way in Bend, Oregon's NorthWest Crossing neighborhood. Cindi and Mike O'Neil and other representatives of SolAire Homebuilders will be available to explain the advanced energy-saving features that make this home unique. The home has created a lot of buzz in advance of the Tour, so this will be an opportunity for a casual and unhurried "look and learn" experience before the Tour begins.
And don't forget to visit us during the Tour! Nearly 25 percent of this year's tour homes are in our home neighborhood of NorthWest Crossing. We'll see you there!
