Stay up To Date
“A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.”Bill McBride, the founder of Calculated Risk, believes we are already in a recession:
“With the sudden economic stop, and with many states shutting down by closing down schools, bars and restaurants...my view is the US economy is now in a recession (started in March 2020), and GDP will decline sharply in Q2. The length of the recession will depend on the course of the pandemic.”
“Once the virus infection rate peaks, we expect a recovery to gain momentum into the final quarter of the year and especially into 2021.”Again, no one knows for sure how long the pandemic will last. The hope is that it will resolve sometime over the next several months. Most agree that when it does, the economy will regain its strength quickly.
How Bend Homeowners Can Make the Right Choice for Their Home and Resale Value.
A Closer Look at the Lifestyle, Landscape, and Culture Drawing People to Central Oregon.
A Lifestyle-Driven Look at Central Oregon Living, Outdoor Access, and Community Appeal.
What Buyers Look For and How Homeowners Can Protect Long-Term Value.
Our goal is to be informative and helpful. Through our service we hope to earn your business with our exemplary level of service and extensive local knowledge of the Bend, Oregon area.