Monthly Archives: June 2021
This Week In Real Estate – June 27, 2021
Home Sales Activity Approaches Pre-Pandemic Levels. According to the National Association of Realtors this week in real estate, home sales activity is now approaching pre-pandemic levels. May’s modest decrease from prior month was the fourth consecutive, but despite the streak of monthly decreases total existing-home sales are up 44.6% year-over-year with the West experiencing 61.6%... Read More
Central Oregon Weekend Planner – June 25-27, 2021
Central Oregon Weekend Planner – June 25-27, 2021. Here is our Central Oregon weekend planner, created each week to showcase events throughout Central Oregon! Latest Local News 2021.06.23 – Will a Covid-19 vaccine booster be needed later this year? 2021.06.24 – Oregon reports 1 more COVID-19 related death, 232 new cases; 35,290 vaccinations to hit... Read More
This Week In Real Estate – June 20, 2021
Housing Production Remains Steady. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau released May construction data this week in real estate, describing activity as “steady.” Single-family starts increased 4.2% which is up 31% on a year-to-date basis. There are now 652,000 single-family homes under construction. That represents a 28% increase... Read More
Weekend Planner – June 18-20, 2021
Central Oregon Weekend Planner – June 18-20, 2021. Here is our Central Oregon weekend planner, created each week to showcase events throughout Central Oregon! Latest Local News 2021.06.16 – Oregon reports 7 more COVID-19 related deaths, 247 new cases; weekly counts rise 2021.06.16 – COCC updates fall COVID-19 vaccination policies: Required for some, urged for... Read More
Weekly Market Snapshot – June 14, 2021
Weekly Market Snapshot – June 14, 2021. The weekly Market Snapshot Report reflects the previous week’s activity. These reports provide the latest overview, by price range, of the sub-markets in each MLS area we serve. Below are the links for this week’s reports: Your Guide to the Market Snapshot Report COAR (Central Oregon Association of... Read More
This Week In Real Estate – 2021 June 13
Homeowners Realize Nearly 20% In Equity Over The Last Year. Homeowners realize nearly 20% equity jump in a year according to CoreLogic’s latest Homeowner Equity Report that was released this week in real estate. The average annual gain in equity was the largest in at least a decade. In other news, lumber posted its biggest-ever... Read More
Central Oregon Weekend Planner – June 11-13, 2021
Central Oregon Weekend Planner – June 11-13, 2021. Here is our Central Oregon weekend planner, created each week to showcase events throughout Central Oregon! Latest Local News 2021.06.09 – Bend’s Water Quality Report Online 2021.06.10 – Deschutes County Fair Free Summer Concert Series announced 2021.06.10 – ‘Best of Both’ bike race returning to Bend 2021.06.10... Read More
The Beacon Report – June 2021
The Beacon Report – June 2021. Heavy Competition & Low Inventory Continue To Fuel Increasing Prices. National housing inventory levels increased slightly in April 2021 to 4.4 months, the highest level since May of 2020, which was 5.3 months (according to Federal Reserve Economic Data – FRED). The same source shows average interest rates ticked... Read More
Weekly Market Snapshot – June 8, 2021
Weekly Market Snapshot – June 8, 2021. The weekly Market Snapshot Report reflects the previous week’s activity. These reports provide the latest overview, by price range, of the sub-markets in each MLS area we serve. Below are the links for this week’s reports: Your Guide to the Market Snapshot Report COAR (Central Oregon Association of... Read More
This Week In Real Estate – June 6, 2021
Solid Job Gains In 2021. Through the first five (5) months of 2021 the country has experienced five (5) consecutive months of positive job gains as reported this week in real estate by the Bureau of Labor Statistics. Additionally, the Q1 2021 Home Building Geography Index shows that the single-family home construction growth rate is... Read More
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