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All About Oregon Real Estate

By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
2025 Bend Home Sales Have Started Off With a BangAfter the slower market traditionally experienced in December, Bend home sales started 2025 with an strong uptick. Many home sellers are no longer waiting to spring to list their properties, and many buyers are back in the market, despite the 30 year mortgage rate near 7%. Both new listings and new sales were significantly up in January 2025 compared with the previous year.Historically, during a presidential election year, home sales slow across the country. However, according to the Department of Housing and Urban Development (HUD) and the National Association of Realtors (NAR), home sales have increased the year after nine of the last eleven presidential elections (the exceptions were in 1981 and 1989). If this trend holds true in Centr...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Oregon Real Estate - Q4 2024 Market TrendsClick Here to see the Q4 Market Trends for Bend Real Estate and Redmond Real Estate, as well as the Q4 real estate trends in Sunriver, La Pine, Sisters, Prineville, Madras, Powell Butte, Terrebonne, Black Butte Ranch, and Culver. In Q4 2024, the Bend Oregon Real Estate market and surrounding communities experienced a change, generally seeing an increase in inventory year over year with more homes, more new listings, and typically more days on market. Buyers had more opportunities with the increased number of homes for sale and sellers were more willing to consider offers less than asking price as well as negotiate with repairs. The number of listings grew, days on market increased in all areas but the smaller markets of Powell Butte and Bla...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's in the January 2025 Bend Premier Newsletter? More Inventory and Moderate Price Increase the Norm in 2024 Creamy Mushroom Pasta Cozy Ideas to Transform Your Living Room This Winter Hike Smith Rock for a Winter Challenge Get Ready to Sell a Home in 2025 Check out more newsletters at Bend Premier Real Estate's website. 
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
The Burma Road, Summit Trail, Misery Ridge Loop Can be ChallengingFor those looking to undergo a challenging Central Oregon hike when the Cascades are covered with snow, Smith Rock State Park can provide many options. Typically very busy in the summer when rock climbing is at its peak and the weather warm, winter hikes in Smith Rock can be rewarding with fewer crowds and different perspectives of the rocks. Before sections of the park are shut off in the spring due to falcon nesting, hikers can explore little known social trails and see portions of the park rarely visited. However, for those who wish to exert themselves, hiking along the Wolf Creek trail until connecting with Burma Road, climbing it and then hiking the north side of the park along the Summit Trail, then up Mesa Verde un...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
More Bend Home Inventory and Moderate Price Increases Were the Norm for 2024 Sales 2024 Bend home sales experienced modest price increases for the year, but Bend home buyers were fortunate to have more options. Sellers who had hesitated putting their property on the market during Covid and following when mortgage interest rates were close to 8% finally had more inclination to do so when mortgage rates dropped to the mid 6% range during the summer of 2024. Delayed moves which were offset by high mortgage rates for a subsequent purchase finally made sense when rates dropped. Although there was an increase in home prices and sales for Bend single family homes, it was modest. With more inventory on the market, Bend home buyers could be more discerning with their purchase and homes which we...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's in the December 2024 Bend Premier Newsletter? More Inventory Means More Choices for Bend Homebuyers Eggnog Pie The Dos and Don'ts for Holiday Decorating When Selling Hike to Paulina Falls in Winter for a Truly Unique Experience Ready to Sell in 2025 Original blog can be read at Bend Premier Real Estate's website.
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
More Inventory Means More Choices for Bend Home BuyersThere are more homes on the market for potential Bend home buyers to choose from than there were at the same time last year. With more inventory, there has been more motivation for sellers to negotiate price and terms with buyers. This in turn has resulted in homes selling for less than asking price, often after price reductions in order to generate offers. While the overall sales price is up slightly over the same time last year, the months of supply is up over 11%.When the data from November 2024 for Bend single family home sales on less than an acre is compared with those from November 2023, the following changes can be seen: Average sales price up 4.1% to $888,821 Median sales price up 2.6% to $711,875 New listings up 29.5% to 11...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Once the roads into the high Cascades have been closed for the winter, there are more limited hiking opportunities for Central Oregonians. However, one favorite hike is close to La Pine state park and on the road to Newberry Crater. This is the Peter Skene Ogden trail which follows Paulina Creek all the way to Paulina Lake. Hikers can take the trail as far as they wish, although during winters with heavy snow, it can be challenging and snow shoes would be recommended.November 2, 2024 was scheduled to be cloudy, but dry. The lower elevations of Peter Skene Ogden Trail had patchy snow, but it was easy walking. Two and a quarter miles into the hike, the second large, "twin" waterfall is passed and then the hike steepens until the bridge is reached which crosses over Paulina Creek. Past the...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's in the November 2024 Bend Premier Newsletter?Our latest newsletter has some great articles geared for the fall season. In particular, the newsletter includes the following: Bend Home Prices Up in October Green Bean Casserole November Home Fixes Not to Forget Hiking Tam McArthur Rim to No Name Lake in the Fall is an Experience Why Buying Now is Worth It Original post can be read at Bend Premier Real Estate's website.
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Home Prices Up In October The trend seen over the past four months changed in October when year over year Bend home prices rose rather than fell. Both average and median Bend single family home sales prices were up, perhaps a reflection of lower interest rates seen in September which enabled more home buyers to purchase higher priced homes or an unusual anomaly which was reflected with a large number of million dollar plus homes (over 35% of total home sales) closing. Typically in the fall, home sellers which did not sell their properties during the summer peak selling season will often discount their asking price - often generating offers. Of the sixty Bend homes that closed in October for over a million dollars, forty-seven closed significantly under their original asking price ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Cascade Mountain Hikes in Fall Can Have Unexpected Weather Conditions Hiking in the Oregon Cascades in the fall can offer amazing experiences with stunning views, early snow, fall colors, and no need for forest passes. However, the weather can also change suddenly and hikers need to be prepared. On October 26, 2024, the hike from Three Creeks Lake to Tam McArthur Rim began with low clouds covering the Cascades. The hike up from the trailhead (the sign was already covered for winter), to the rim experienced some wind, although much of the early part of the trail was in sheltered forest. Once reaching the rim, the winds really picked up, but the clouds also lifted so that the mountains (Broken Top, The Three Sisters, Mt Washington, Three Fingered Jack) could be seen. Typically the unmain...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Luxury Home Inventory is Up For Bend buyers looking for their ideal luxury home, there was a significant increase in the number of homes for them to pick from in 3rd quarter 2024. When we look at Bend million dollar homes, the categories of homes for sale over $1,300,000 had anywhere from 45% to 89% more listings for buyers to consider. It appeared that more sellers were willing to list their property in 2024 than in 2023, perhaps tied in with lower mortgage interest rates experienced in this time period; the cost to sellers for their financed replacement home would be less with lower rates, often making the seller determine that the time to list was then. Is it a Seller's Market for Bend Luxury Home Sales? We are seeing changes in the Bend high end market. Homes that sold quickly...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Redmond Oregon Home Prices Have Leveled Off Redmond is a quick 15 minute drive north of Bend and has been a great option for those Central Oregon home buyers who cannot afford Bend, in addition to those who just want to live in a growing community that is supportive of business and family. Unlike other areas of Central Oregon, Redmond has been consistent with its home prices. Few luxury homes are found in Redmond, but rather a more homogeneous housing mix of middle class homes. Redmond home sales for third quarter 2024 reflect this consistency. Looking year over year comparing single family home sales on less than an acre third quarter 2024 with third quarter 2023, the following changes can be seen: Average sales price down .8% to $552,519* Median sales price down 3% to $509,235 New li...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Is Central Oregon Real Estate Moving to a Balanced Market? In Q3 2024, the Bend Oregon Real Estate market and surrounding communities experienced a change, moving closer to a balanced market after many years of being a seller's market. The number of listings grew, days on market increased, but prices appear to have leveled off, at least within Bend and Redmond. In Bend, Redmond, Powell Butte and Black Butte Ranch, the number of sold homes increased as third quarter 2024 also saw mortgage interest rates drop. Outside of Redmond and Sunriver, all of the Central Oregon real estate markets saw an increase in new listings year over year, many above 20%. This can partly be attributed to sellers recognizing that with lower mortgage interest rates, the cost of their replacement property would ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's in the October 2024 Bend Premier Real Estate Newsletter? Our latest newsletter has some great articles on Central Oregon market trends, activities and more. Check it out! Bend Home Sales Are Up Easy Cheeseburger Soup Fall Activities in Central Oregon Canyon Meadow Hike The Top Three Reasons Affordability is Improving .  
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Home Sales Up With More Inventory and Lower Mortgage Rates It appears that the tide has turned and Bend home buyers are now experiencing lower prices, more choices with more inventory, and better interests rates. This has enabled more buyers to enter the market and more sellers to have confidence listing their home, knowing that their replacement property will cost less than it did just six months ago. This has generated more early fall business than we normally see and a more balanced Bend real estate market. When September 2024 is compared with September 2023, the following changes to Bend home sales can be noted: Average sales price down 11.3% to $837,153* Median sales price down 4.7% to $713,500 Original list price down 4.3% to $882,186 Median sales price down 2.8% to $737,400...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Canyon Meadow is a Permitted Hike in the Mt Jefferson Wilderness Canyon Meadow is a relatively easy hike in Central Oregon if limited to just the meadow loop which takes trekkers through burned forest, old growth forest and the meadow back to the beginning at Jack Lake. However, many will take the one way climb past the meadow up to the base of Three Fingered Jack. This adds significant elevation gain as well as beautiful views of Three Fingered Jack, sometimes including mountain goats and technical climbers on the craggy top of the mountain. For those adventurous enough to climb the loose rock and pumice past the glacial lake onto the ridge separating Three Fingered Jack from the nearby unnamed hill, the views south toward the Three Sisters and Mt. Washington and the views north towar...
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By Zachary Boutin, CPA, Oregon's Tax Problem Solver
(First Response Resolution, LLC)
Welcome to First Response Resolution, LLC’s official blog! We are a specialty tax firm practicing in Eagle Point Oregon. The focus of my practice is solving tax problems for individuals and businesses, and representing taxpayers before the IRS and their individual State Departments of Revenue. Think of us as your Financial First Responders who specialize in saving troubled taxpayers. We help people who are struggling with tax problems get their lives back on track so they can focus on what matters most to them.In this blog post we will be discussing one of the most critical IRS Notices taxpayers may ever receive, IRS Letter 11. This notice hasn’t been sent by the IRS since before COVID, but as of last month they have resumed these collection activities in full force. If you or someone y...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's in the September 2024 Bend Premier Real Estate Newsletter? Are Lower Mortgage Rates Spurring Bend Sales? Summertime Fruit Salad 10 Things to Do in September Take the Climbers Trail to Middle Sister Early Forecasts for the 2025 Housing Market See Bend Premier Real Estate for more great blogs.
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Are Lower Mortgage Interest Rates Spurring Bend Real Estate Sales? Mortgage interest rates have come down to their lowest rate in a year with the 30 year mortgage now at 6.35%. This has made a difference in both the buying and selling side of Bend home sales with buyers now being able to afford more than they could just a few months ago and sellers, who have been sitting on the fence on whether or not they wanted to give up their great mortgage rate for a new, higher one on a different home, feeling comfortable enough to at last list their home.  We are seeing more listings at lower median and average listing prices and more pending sales in August as a result. When August 2024 is compared with August 2023 for Bend single family home sales on less than an acre, the following changes ca...
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