Bandon Oregon Real Estate Statistics and Market status discussions.

Friday, March 20, 2009

Bandon "MarketWatch" Newsletter

 
 Bandon Weekly Update!
Nathan Juarez, Broker
Cell: (541) 404-3322
 
Gold Coast Properties, Inc
Office: (541) 347-4533
Fax: (541) 347-5055
 
 
 
I am pledging 2.5% of my 2009 income to the Southern Coos Health Foundation! Your business helps to support a brighter tomorrow for Health Care in Bandon!
 
You can donate too!
 
 Please feel free to pass this email on to a friend!
 
 
 
  
Providing Service To:
Bandon
Coos Bay
North Bend
Coquille
Langlois
Port Orford
 
 
Mortgage-Help Site and Call-In Number
   
    The US Treasury Department went live on March 19th with its Making Home Affordable program, which aims to help home owners refinance or modify their mortgages.
 
    The campaign includes a Web site at www.makinghomeaffordable.gov as well as a telephone hotline number at (888) 995-4673.
 
    The federal government is targeting 9 million home owners whose loans are held by Fannie Mae or Freddie Mac.
 
Nathan Juarez
Real Estate Broker
(541) 404-3322
 
Major Price Reduction for Quick Sale!
Now $995,000!
Wonderful Ocean Views-Easy Beach Access
  • 5 Bedrooms
  • 4 Bathrooms
  • Over 4000 luxurious square feet
  • Two living rooms, two master suites, two laundry rooms

View more at www.BandonRock.com or call me today at (541) 404-3322!

Major Banks Re-Enter Jumbo Arena
Bank of America is among the major banks rolling out jumbo mortgage programs and holding the loans in their own portfolios.

It will offer loans from $730,000 to $1.5 million with 30-year fixed rates under 6 percent; but borrowers must make a 20-percent down payment, have good credit, provide proof of income, and hold six months' of principal, interest, property tax, and insurance payments in reserve.

Other banks offering jumbo loans include ING Group's ING Direct unit and Luxury Loans of San Diego.
 

 
This Week’s New Listings:(8)
 
Bandon Proper - $42,500
No Slide Show Available
 
Laurel Grove Area - $239,000
 
Seabird Area - $239,000
2bd/2ba - 1320 sq/ft Manufactured Home
RMLS#9021101
 
Morrison Rd. - $350,000
Horse Property - 8.72 acres
 
Hwy 42 S - East Bandon - $365,000
874 sq/ft Cottage on 37.24 River Front Acres
RMLS# 9020561
 
Beach Loop Area - $419,750
 
South East Bandon - $512,000
2125 sq/ft Custom Home on 1.05 acres
RMLS# 9020939
 
Bradley Lake Estates - $525,000
Lake Front!
  
This Week’s Price Reductions:(14)
 
RESIDENTIAL
 
Boak Ln. - $170,000 WAS $195,000
View Slide Show
 
North Bandon - $175,000 WAS $179,000
 
West Bandon - $176,500 WAS $189,900
 
Seabird Area - $189,000 WAS $199,000
 
West Bandon - $199,000 WAS $229,000
 
West Bandon - $239,000 WAS $299,000
 
Hwy 42 S - $350,000 WAS $378,500
 
Ferry Rd - $480,000 WAS $534,000
2139 sq/ft home on 5+ acres overlooking pond!
RMLS# 9020859
 
Trout Pond Estates - $599,000 WAS $659,000
 
Bandon Dunes Area - $795,000 WAS $825,000
 
South Jetty - $995,000 WAS $1,250,000
   
VACANT LAND
 
South Beach Loop - $119,000 WAS $133,000
 
South Beach Loop - $139,000 WAS $175,000
 
COMMERCIAL
 
South Bandon - $559,900 WAS $598,900
 
This Week’s Under Contract:(1)
 
East Bandon - $129,900
 
This Week’s Sold Properties:(4)
 
Prosper Area $243,000 SOLD FOR $235,000
 
East Bandon $350,000 SOLD FOR $250,000
3bd/2ba Home on 8+ acres
RMLS# 8032124
 
Laurel Grove Area $397,500 SOLD FOR $360,000
 
South Beach Loop $429,000 SOLD FOR $393,500
 
For a snapshot of the Bandon Market's Year-to-Date sales, visit my website: Bandon Statistics

 

 

Bandon Real Estate Specialist
Nathan Juarez
Phone: (541) 404-3322
 
Please feel free to pass this newsletter on to your friends and family who may appreciate staying informed of the Bandon Real Estate Market.  It is easy to do at the bottom of this message.  Thank you for your loyalty and for thinking of me first when it comes to Buying and Selling Bandon Real Estate!
 
Bandon Chamber of Commerce
 
Bandon Dunes Golf Resort
 
Bandon Crossings Golf Course


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