Can You Define These Key Terms in Todays Bend Housing Market?

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Some Highlights

  • The language of buying and selling a Bend home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact home affordability for buyers, while price appreciation continues to grow home equity, which sellers can use to fuel a move up.
  • Terms like appraisal (what lenders rely on to validate a home’s value) and contingencies (which buyers can minimize to make their offer stand out) directly impact the transaction.
  • You don’t need to know everything to buy or sell Bend Oregon real estate. Give us a call today. We can help.