We took our lumps…
May 26, 2010 · Print This Article
from Bend Bulletin 5/26/10
Why am I so bullish on property values in Central Oregon? In a nutshell, because we were one of the most devastated markets in the country. Central Oregon took it’s lumps in this crash, and I feel like there is a good chance we’re done. The larger metros, especially on the west coast, skirted a lot of the devaluation. And, if I were in those markets, I’d be very leery of a potential “double-dip” market. But in many respects, Central Oregon home values were left in smoldering ruins, and I think that puts us in a much better position for recovery. We may not see and price appreciation, but I’m willing to bet the worst is over here.
Written by Kerry O. · Filed Under blog
Tagged: bend real estate, Central Oregon home values, depreciation
Kerry O'Neal has been a licensed broker for over 14 years. He has worked with residential, commercial, and industrial properties in the Central Oregon area for over 5 years. 
Josh grew up in a Portland real estate family. He was buying and selling rental homes and income properties, and managing large multi-family complexes, when most of his contemporaries were just beginning their careers. 
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