REAL ESTATE NEWS | NOVEMBER 2023

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REAL ESTATE NEWS | NOVEMBER 2023
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Snowy mountain reflected in a lake, framed by evergreen forest and a snow-covered pine.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Fawn Lake
 
November brings cooling air and warming hearts, and this year some good highs and lows on the real estate front: the S&P 500 had its best day since April and the 30-year mortgage fell to 7.4%. Mortgage rates had already been declining from their recent highs and the Fed is hinting at possibly ending interest rate hikes (phew). Sellers, including builders, are motivated to sell before the end of the year so Buyers should take advantage of this psychological driver. Don't ignore withdrawn listings, which typically only Realtors can see in the MLS, as sellers may just be taking a break over the holidays.
 
Don't forget to RSVP for my pumpkin pie giveaway below! If I don't see you in person, Happy Thanksgiving! I'd also like to ask you to reply with your favorite Central Oregon non-profit group so I can make holiday donations on your behalf.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Median list price chart showing four 90-day market segments from December 2019 through 2023.
Median List Price by Quadrants Over the Last 4 Years
The current median prices by quadrants in 97703 today are 1) $772,000 2) $1,137,000 3) $1,610,000 4) $2,547,500. Click the graph to customize for your zip code. Overall, the fluctuations aren't as dramatic as we may think, especially in the bottom half of the market. The higher prices have a wilder ride since there are relatively fewer sales with as much as millions of dollars in differences between homes. Contact me for further analysis of your home, and subscribe to your own market report below!
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Pumpkin pie with whipped cream surrounded by pumpkins and autumn leaves.
Pumpkin Pie Giveaway!
 
In appreciation of my clients, advocates & vendors, I'm giving away pumpkin pies!
 
Tuesday, November 21st
11:00 a.m. - 2:00 p.m.
Pick up at Roundabout Books
900 NW Washington St,, Bend
 
RSVP if you haven't done so already - click photo for link
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Avenir Realty's Latest Real Estate Activity
(LB: Laura Blossey. SS: Stephen Saunders. TE: Traci Engel. MA: Mitch Albertson.)
click photos for more details
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Aerial view of a gray home with landscaped lawn, autumn trees, and mountains beyond.
SE Bend Acreage
Active (LB)
$1,250,000
Two-story white and brick house with a covered porch, broad lawn, and mature trees.
Tumalo Acreage
Active (LB)
$2,395,000
Large tile-roofed home with a circular driveway, surrounded by desert scrub and rugged mountains.
Ranch at the Canyons
Active (LB)
$5,599,000
Modern two-story house with upper balconies, a wide garage, and purple flowering shrubs in front.
Awbrey Butte
Active (LB)
$3,500,000
Two-story beige house with a double garage, timber porch, landscaped stone wall, and mature trees.
Awbrey Park
Active (LB)
$1,349,500
Two-story tan house with a covered porch and garage, surrounded by pine trees.
Rivers Edge Village
Pending (SS & LB)
$875,000
White two-story home with a dark double garage, covered porch, and autumn trees.
Glen Vista Meadows
Pending (LB)
$938,000
Aerial view of a home on a pine-covered lot, with the property boundary outlined in white.
Deschutes River Woods
Active (MA)
$520,000
Green two-story house with white trim, a fenced patio, and autumn trees.
Newport Corridor
(2 homes on 1 lot)
Active (TE)
$925,000
 
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Listing Volume for Bend
Illustrated real estate agent presenting rising market charts beside a model house.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Articles and Events
Mortgage rates trend down for the third straight week
Red house model beside a large wooden percent sign
Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury.
A Novel Idea selections to be unveiled Dec. 2
Novel Idea Read Together
The selections for the 2024 session of A Novel Idea, a community reading program that includes a month of programming and an author visit, will be revealed 6:30 p.m. Dec. 2 at the Downtown Bend Public Library.
Mt. Bachelor will require pass for uphill travelers this season
A skier follows a snowy trail through evergreen trees, passing yellow trail markers.
For decades, backcountry skiers have enjoyed making their own way up — then down — Mount Bachelor, without ever having purchased a lift ticket. However, this season, Mt. Bachelor ski area will require all people hiking, snowshoeing or skiing on…
Free parking day after Thanksgiving at Oregon state parks
River winding through a red-rock canyon beneath a cloud-streaked sky.
The Oregon Parks and Recreation Department will waive day-use parking fees in 24 parks on Nov. 24, which is the day after Thanksgiving.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Blonde woman in a blue patterned blouse standing beside a stone wall and metal railing.
LauraBlossey
Founder and Principal Broker
 
Lic# 201204340
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
Autumn residential street with porch-front homes, a for-sale sign, and two people walking along the sidewalk.
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All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. LauraBlossey, License 201204340, Avenir Realty.
 
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473 W. Hood Ave #102,
Sisters, OR 97759