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February 2022

Market Update
The weather hasn’t been the only thing heating up again. Inventory continues to fall in all areas and the average price per square foot continues to climb steadily. Compared to last January, pending sales are up 79% in Bend, 85% in Redmond, and 135% in Sunriver. If you are thinking about listing your home for sale in 2022, we are available to help guide you through that process.

Notable updates in the property management business include: Oregon’s Office of Economic Analysis announced the maximum rent increase rate for 2022 to be 9.9%.
The Oregon Legislature in special session approved the extension of the state’s eviction moratorium for tenants who have or will apply for rent relief by June 30, 2022, but have not yet received any funds.

What Is Biophilic Design? Here’s How to Decorate with theTop 2022 Home TrendIt’s a complicated-sounding term that describes something quite simple: our basic human desire to feel connected to nature. Here’s how to bring the outdoors inside for a restful, restorative home. Learn more HERE

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Our agents write often to give you the latest insights on owning a home or property in the local area.