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Monthly Archives: July 2022

    Weekly Market Snapshot – July 28, 2022

    By Mitch Darby | July 29, 2022

    Weekly Market Snapshot – July 28, 2022. 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

    Central Oregon Weekend Planner – July 29-31, 2022

    By Mitch Darby | July 29, 2022

    Central Oregon Weekend Planner – July 29-31, 2022. Here is our Central Oregon weekend planner, created each week to showcase events throughout Central Oregon! Latest Local News 2022.07.27 – Larger venue, loud crowd at Crook County hearing on proposed Powell Butte destination resort 2022.07.27 – River Recreating – Know Before You Go 2022.07.28 – Heat,... Read More

    This Week In Real Estate – July 24, 2022

    By Mitch Darby | July 25, 2022

    Home Prices Reach A New High Despite Slowing Sales. The National Association of Realtors reported, this week in real estate, that existing home sales decreased for the fifth consecutive month in June while the median price climbed to a record high. As inventory is on the rise eighty-eight percent of homes sold in June were... Read More

    This Week In Real Estate – July 17, 2022

    By Mitch Darby | July 22, 2022

    Rising Mortgage Rates & Economic Uncertainty. Fast rising mortgage rates and economic uncertainty is impacting home sales and prices at the mid-way point of 2022. It was reported, this week in real estate, that one in four U.S. home sellers recorded a price reduction in June. 46.3% and 45.7% of Seattle and Portland area homes... Read More

    Central Oregon Weekend Planner – July 22-24, 2022

    By Mitch Darby | July 22, 2022

    Central Oregon Weekend Planner – July 22-24, 2022. Here is our Central Oregon weekend planner, created each week to showcase events throughout Central Oregon! Latest Local News 2022.07.20 – Gas Prices Down For Fifth Straight Week 2022.07.20 – Oregon property owners get notice of high, extreme risk wildfire classification; public meetings begin 2022.07.21 – Biden... Read More

    The 2022 COBA Tour Of Homes – Weekend #2

    By Mitch Darby | July 21, 2022

    2022 COBA Tour Of Homes – 2nd & Final Weekend. The annual Central Oregon Builders Association (COBA) Tour Of Homes winds up this weekend… 2022 COBA Tour Of Homes July 22-24, 2022 Friday: 12 pm – 6 pm | Saturday & Sunday: 10 am – 5 pm As mentioned last week, the tour is completely... Read More

    Central Oregon Weekend Planner – July 15-17, 2022

    By Mitch Darby | July 14, 2022

    Central Oregon Weekend Planner – July 15-17, 2022. Here is our Central Oregon weekend planner, created each week to showcase events throughout Central Oregon! Latest Local News 2022.07.13 – Crooked River Roundup Horse Races return to Prineville 2022.07.13 – From alien spacecraft to lava, Pilot Butte visitors guess what’s in mysterious bunker at the summit... Read More

    The 2022 COBA Tour Of Homes Is Here!

    By Mitch Darby | July 13, 2022

    2020 COBA Tour Of Homes. The annual Central Oregon Builders Association (COBA) Tour Of Homes is set to take place this weekend and next… 2022 COBA Tour Of Homes July 15-17 & 22-24, 2022 Fridays: 12 pm – 6 pm | Saturdays & Sundays: 10 am – 5 pm As I wrote last month, the... Read More

    This Week In Real Estate – July 10, 2022

    By Mitch Darby | July 10, 2022

    Inventory Is On The Rise. Despite interest rate hikes and recession concerns, job growth remained strong in June. For the fourth straight month the unemployment rate remained at 3.6%; just 0.1 percentage point higher than the pre-pandemic level in February 2020. The strong job growth keeps pressure on the Fed to slow the economy just... Read More

    The Beacon Report – July 2022

    By Mitch Darby | July 7, 2022

    The Beacon Report – July 2022. The quarterly statistics for the smaller Central Oregon Single-Family Residential (SFR) market areas are included in this report.  Except for Jefferson County SFR, SFR inventory increased in all other Central Oregon market areas. Compared to June 2021, the number of sales in Bend and Redmond (last month) were down... Read More