New construction in Bend
Since 2001, construction activity has progressively ramped up in order to keep up with the continuation of in-migration and steady population growth our region has experienced. With only a small number of new neighborhoods under construction 20 years ago, fast forward to today to the newly developed Bend Oregon and the dozens upon dozens of new neighborhoods that have sprung out of the ground in all 4 quadrants of the Bend area. Whether you’re searching for the quintessential Bend cottage just blocks from the downtown core or the Old Mill Shopping district, or searching for a small ranchette just on the outskirts of the city, there are real estate offerings and in every price point to fulfill everyone’s dream of relocating to the greater Central Oregon area.
While prices have certainly escalated over the last couple of decades, comparatively speaking to other resort type destinations you will see that we’re right on par with other highly sought after vacation destination escapes. Seems like the pandemic alone has redefined how and where people work which has caused exponential growth in our region since 2020. Builders have been scrambling to bring new homes to the market, but the supply chain bottlenecks certainly haven’t helped either.
The good news is that all of these issues run in cycles and every season brings about opportunity to those who are diligent with their home search and have clear goals and objectives. This is where the help and counsel of a seasoned real estate advisor becomes invaluable in guiding you through the home search process, and helping you to stay true to your goals.
I invite you to reach out to myself or a member of our team today for an initial call to see how we can be of service to you. Feel free to call one of us at 541-706-9908 for immediate assistance, or drop us a quick note on how we can serve you here: https://www.gobend.com/connect