Thursday, May 31, 2012

Bend Oregon Real Estate Market Update



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Hi my name is Jim Birtola and I am the Owner and Principal Broker of Team Birtola Garmyn. I would like to thank you for taking a minute to watch this video. As this is the first of our Bi-monthly Video Series, I wanted to let you know what you can expect in the upcoming videos.
Each Video will contain some of the following: Current market conditions, Things sellers need to know, Things buyers need to know, What happens in the buying process, Real Estate Law updates, and what adds value to your property, Best of all we will be answering YOUR questions! Yes! Every month we will be watching out for your questions and answering a few right here!
We will also have Special Guests come and keep you up to date in their areas of expertise. I will have  escrow offers, Title agencies, Mortgage brokers, Land scape designers, Property managers, and Experts in home repairs.
So let’s start with: How is the central Oregon market doing these Days?
Almost 4200 properties have been listed this year with our central Oregon MLS!
Out of all active properties 1843 are Single family residences.
644 in Bend, 95 under 200K
212 in Redmond, 57 under 200K
162 in Sisters, 6 under 200K
194 in La Pine and surrounding  areas, 82 under 200K
This month just over 170 homes have sold with 89 of those under 200K
Since the beginning of the year  1459 Homes have sold with 871 of those under 200K
Every one wants to know how many of these homes are distressed properties, well in central Oregon there are only 59 short sales under 200K and only 122 are Bank Owned.
So, will the market still take another Dive?? I wish I had a crystal ball, but all indicators point to a slow but constant up swing!
So, How does TeamBirtola Garmyn stand UP to what’s going on???
We are selling 2+ homes per day! Averaging between 60-80 homes sold per month!
We have a team of 16 Buyer Broker Specialists only working with buyers
Are you looking for a Real Estate broker who specializes in a specific area? Our brokers are of some of the most knowledgeable in the area with different agents specializing in different areas, Many with professional Certifications.
We would love the opportunity to talk with you about your Real Estate Needs! So please call us at 541-312-9449 or toll Free at (800) 816-9449
On Behalf of Team Birtola Garmyn, thank you for your time and for watching this video. We look forward to serving you soon!