Jay 'Byrd' Reese  
ON AIR NOW
Jay 'Byrd' Reese
6:00pm - 7:00pm
The Biggest Little Sports Talk Show
Contact Me
My Blog
Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.

Local News

New Housing Stats Don't Alarm Realtors


A spokesman for local real estate agents isn't alarmed by a new report showing home prices falling in Bend and Redmond. A report issued Tuesday compares November 2009 to November 2010, and shows a 9% drop in the median price of homes in both cities. Tom Green, Past President of the Central Oregon Board of Realtors, says year-over-year price decline reflects the fact that we're bouncing along the bottom of the market. But going forward he's seeing signs of life: “More and more people are saying that they're busy. Six months ago we weren't getting a lot of people saying they were working with buyers. But now, just about everybody I know in the business is working with one or two buyers and more and more reports like that are coming out.” Green believes there is a lot of pent up demand for homes and that more buyers and higher prices will hit the market this spring.


LinkedUpRadio Envisionwise Web Services