Bend Oregon Real Estate Market 2019 Statistics
Bend is a small city in Oregon. It is nestled on the edge of the Cascade Range and on the shore of the Deschutes River. It is a verdant spot in the High Desert. It sounds like a wonderful place to visit. It is also a good choice for real estate investors. If you are looking at buying a house in Bend as a potential investment opportunity, you must read till the end. Home prices in the Bend OR real estate market are expected to rise by 3.3% in 2020.
In fact, in the last 10 years, Bend has experienced some of the highest real estate appreciation rates in the U.S. Bend, Oregon is home to around eighty thousand people. The Bend housing market includes the Redmond metro area. This means the Bend OR housing market includes almost two hundred thousand people and makes it the fifth largest in the state of Oregon. However, the size of a housing market isn’t reason enough to invest here. Let us discuss the current Bend housing market trends and forecasts for 2019 and find out why you should consider investing in this pricey market.