Posts with tag 'bend oregon'
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From Frenzy to Breathing Room: Buyers Finally Have Time Again
If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next. Sometimes it only took hours. You had to drop everything to go and see the house, and if you hesitated even slightly, someone else swooped in and bought it – sometimes even sight unseen.
That kind of intensity pushed a lot of buyers to the sidelines. It was stressful, chaotic, and for many, really discouraging.
But here's what you need to know: those days are behind us.
Today's market is moving slower, in the best possible way. And that's creating more opportunity for buyers who felt shut out in recent years.
The Stat That Changes Everything
According to the latest data, homes are spending an average of 58 days on the market. That's much more normal. And...
11
Bend Premier Real Estate | August 2025 Newsletter
What's in the August 2025 Bend Premier Newsletter?
- It is Taking Longer to Sell Bend Homes
- Gyro Smash Tacos
- Selling in Summer Versus Fall: What Changes and What Doesn't
- The Wildflowers Are Blooming at Canyon Meadow at Three Fingered Jack
- Home Price Forecasts for the Second Half of 2025
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Bend Oregon Real Estate | July 2025 Trends
It is Taking Longer to Sell Bend Homes
Summer is traditionally the peak selling season for Central Oregon homes. For home buyers looking to buy a Bend home before school starts, July is usually the month when many purchases happen, with August the month for closing these sales and new owners moving into their new homes. While July 2025 has followed these trends to a certain extent, the change in the market with high mortgage interest rates limiting buying power, it has become a price driven market with sellers recognizing that if they really need to sell, the asking price has to match today's market and not that of previous years. July 2025 also saw a mar...
28
Today's Tale of Two Housing Markets
Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It's a tale of two markets.
What's a Buyer's Market vs. a Seller's Market?
In a buyer's market, there are more homes for sale and not as many buyers. That means homes sit longer, buyers have more negotiating power, and prices tend to soften as a result. It's simple supply and demand.
On the flip side, a seller's market happens when there aren't enough homes available for the number of people looking to buy them. Because buyers have to compete with each other to get the house they want, that leads to faster sales, multiple offers, and rising prices.
Right now, both of these scenarios are playing out, depending on where you are. So, how do...
17
Mortgage Rates Are Stabilizing – How That Helps Today's Buyers
Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place.
But, something pretty encouraging is happening. While affordability is still tight, mortgage rates have shown signs of stabilizing in recent months. And that may finally make it a bit easier to plan your move.
Mortgage Rates Have Stabilized – For Now
Over the past year, mortgage rates have had their share of ups and downs, making it tough for buyers to know what to expect. But recently, rates have started to level out and have settled...
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