Local News

Home Sales Getting Stronger

Another sign of increasing confidence in the economy. Homes sales in Bend are increasing and so are the prices.   “In January, which is the last month we have full statistics for, sale prices are up three percent over January of last year. The number of units sold in Bend, in January of this year was up almost 25% over last year.” Central Oregon Association of Realtors President Lester Friedman says those numbers are even more impressive when you consider there was a stimulus program underway last year that is not longer available.    156 residential units were sold this January compared to 125 last year. He says people are expressing more of a confidence in the economy.

 

 

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