May
15
2008
Woodhill Homes is pleased to announce a special event this weekend, May 17 - 18 at our Obsidian Meadows neighborhood in Redmond. We’re having a Moving Sale!
You see, we’re moving in Redmond . . . prices, that is. Woodhill Homes is closing out our last homes at Obsidian Meadows so that we can move on to our future neighborhoods. To do so, we’ve lowered prices on our remaining homes.
When we say lowered, we mean it. Drops of $10,000 to $45,000 on some really nice homes, ranging in size from 1,624 to 2,405 square feet, on big lots around a quiet cul-de-sac. Some with mountain views and full landscaping, too. Home prices range from $224,950 to $249,950.
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May
08
2008
Although this current Wall Street Journal article does not address Oregon, many of these same market forces are also affecting us. And, many of these market forces point to the bottom of the housing slump. Here is an some excerpt:
“It is really remarkable how much where we are today looks like the bottom we’ve had in the last three cycles,” Mr. Case says. “Every time we’ve gone below a million starts, the market has cleared at that moment.”
Read more of Is Housing Slump at a Bottom?
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Feb
13
2008
In the last 2 weeks we sold 4 houses with a total of 6 offers. What’s going on with Bend’s real estate market? There is a foot of snow on the ground, and in some places even more? I think that the interest rate reduction has really started to nudge people to get off the fence and make a decision. The fed has said that they will not keep rates low for long due to the threat of inflation. Therefore, the window of opportunity to buy with these low interest rates may be small.
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