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Back on Track!

Well, it is kinda like it never happened. That is...the over-inflated days of the early 2000s, the epic real estate crash across the nation, and the rapid recovery the last 24 months! One question I have been asked recently from buyers is, “Did I miss the recovery?” and “Is the market a bubble and prices too high again?” My honest answer is “Absolutely not!” This graph shows why. If you were to remove the non-typical cycles I referred to above, we are back on track as if the market had followed the 100-year historical trend of 5-6% appreciation. If we have another 25% appreciation year we will once again trend above the average, but right now we are in the sweet spot. The first two quarters of 2014 have slowed in appreciation rates and look close to the 100 average.
 
What does that mean? It means that the market is normalizing and that we still have an opportunity to invest and purchase a home in this amazing town for 76% of the peak values back in 2007. For more information about the market please reach out to our team. The Ladd Group is here to help!
 
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By providing your contact information to The Ladd Group, your personal information will be processed in accordance with The Ladd Group's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from The Ladd Group at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.
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THE LADD GROUP

[email protected]
541.633.4569

CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY

650 SW Bond St
Bend OR 97702