Posts from May 2025

A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price. It felt like you could name your price and still have buyers lined up at the door.

But today's housing market is different. Buyers are getting more selective now that inventory has grown. Homes are sitting a little longer. And more sellers are having to cut their prices.

So, how do you still come out on top? It all starts with one thing, pricing your house right from the start. Today, that matters more than ever – and it can make or break your sale.

There's a Real Price Disconnect Between Buyers and Sellers

A recent survey from Realtor.com shows 81% of home sellers believe they'll get their askin...

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If you're a first-time homebuyer, chances are you'll come across some terms you're not familiar with. And that can be overwhelming, especially while going through one of the biggest purchases of your life. 

The good news is you don't need to be an expert on real estate jargon. That's your Bend Premier Real Estate agent's job. But getting to know these basic terms will help you feel a lot more confident throughout the process.

Terms Every Homebuyer Should Know

Once you're familiar with this terminology, you'll have a better understanding of important details – from contracts to negotiations. So, when those big conversations happen, you'll feel informed, in control, and able to make the best decision for your unique situation. As Redfin puts it:

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There Are Two Trailheads to Summit Black Butte

Many people will hike to the summit of Black Butte during the summer. It is an iconic volcano located just outside of Sisters next to Black Butte Resort which challenges both visitors and locals. Most people will take the gravel road which transitions into a terrible dirt road to the upper trailhead which is located 1500 feet below the summit. Hikers who start here will find a limited space parking area complete with facilities which require a current forest pass. Those who really want to challenge themselves can start at the base of Black Butte at the historic trail head located near Camp Sherman. The road to this trailhead is mostly paved until the turn off to the parking area so hikers avoid driving over challenging dirt roads before they start their trek. No parking pass but very limited parking available.

For those hiking the historic route, the trail gradually climbs as hikers pass through the old growth forest located at the base of Black Butte. In May, 2025, early signs of spring were evident with blooming wildflowers. After roughly 3/4 of a mile, the path steepens and hikers start climbing Black Butte. Peek-a-boo views of Black Butte Ranch, Suttle Lake, and the Cascades can be seen through the tall Ponderosa Pines.

After 3 miles the Historic Black Butte Trail reaches the upper trailhead and the last two mile of the hike is along this route. At the top of Black Butte in the middle of May, 2025, snow patches remained which were easily crossed. The top of the Butte was relatively snow free with all structures still locked and inaccessible to early visitors.

Hikers can enjoy the top of Black Butte with amazing Cascade Views. On a clear day, as many as 13 peaks can be seen from Mt. Bachelor in the south all the way to Mt. Adams in Washington to the north. After spending time at the summit, hikers need to descend back to the trail head in Camp Sherman. All in all, the historic Black Butte Trail is over 10 miles with 3400 feet of elevation gain in the ascending 5 miles.

Maybe you've heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash.

But the reality is, the data proves that's just not the case. In most areas, more inventory isn't bad news. It's actually a sign of the market returning to a more stable, healthy place.

What's Going on With Inventory?

Based on the latest data from Realtor.com, inventory just hit its highest point since 2020, shown with the white line in the graph below.

But what you need to realize is, at the same time, inventory levels still haven't returned to pre-pandemic norms (shown in gray):

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If you're a homeowner, chances are you've built up a lot of wealth – just by living in your house and watching its value grow over time. And that equity? It's something that could help change your child's life.

Since affordability is still a challenge, a lot of first-time buyers are struggling to buy a home in today's market. Even if they have a stable job and a solid plan, buying can still feel out of reach. But that's where your equity could make all the difference.

To give you an idea, the average homeowner with a mortgage has

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