The ban on “love letters” in real estate has been blocked. Learn more here. By Jayati Ramakrishnan | The Oregonian/OregonLive
Prospective homebuyers in Oregon can continue to send “love letters” to win over sellers in a competitive housing market.
A federal judge on Wednesday permanently blocked a ban on the personal messages some buyers write to sweeten their offers on homes. The Oregon Legislature had approved the ban last year, saying such letters could aid sellers in illegally choosing buyers based on factors like race, color, religion, sex or sexual orientation, which would violate federal fair housing laws.
The Pacific Legal Foundation, a conservative public…
Bend’s real estate market sees no signs of slowing… Median home sales prices at $740,000. Learn more here.
(Update: Average Bend home sale price is even higher — $879,000)
REDMOND, Ore. (KTVZ) — Gas prices aren’t the only thing zooming fast into record territory on the High Desert: Bend’s median home sales price soared $57,000 in February alone to smash the record and reach $740,000, Beacon Appraisal Group reported Tuesday.
The inventory “remains less than a half-month supply,” appraiser Donnie Montagner said, “and there was a significant increase in the number of new (building) permits,” jumping from 37 in January to a summer-like 79 new permits last month.
“In addition to market appreciation, about 64 sales were over $769K,”…