The housing market in Bend Oregon continues to stumble. Prices continued to fall, but outside the city, some buyers choose the first homes priced.

The Bratton Report which is produced by Mike Caba Bratton Assessment Group shows that the average price of homes sold in Bend Oregon for the month of May 2008, about 23 percent in May 2007. The average price in May 2007 to 396,000 $. May 2008 The average price was $ 303,000.

The report shows that the peak average price of homes sold in the curve of the real estate bull market leader in May 2007, is a comparison difficult. It seems that the average delay and the realities behind the market in Bend. The median price in November 2006 was $ 305,000, then we return to 2006 prices. Read the rest of this entry