Subscribe and receive email notifications of new blog posts.
RSS Feed
When we study Bend real estate sales in 2022, we can state with confidence that the first six months were very different that the second half of the year. The first half of the year was a continuation of what was seen in 2021, with Bend single family home sales greatly impacted by lack of inventory and relatively low interest rates. It was an extremely strong sellers' market with multiple offers and contingency waivers a normal occurrence. However, the second half of the year was highly influenced by rising mortgage interest rates with these more than doubling in just a few months - something that had never happened before in the country's history. The high mortgage rates changed the buying power of potential Bend homebuyers, and the sales of

Ask any Bend Premier Real Estate broker about the local housing market and they will tell you that it is changing. After the initial few weeks of the Covid-19 pandemic, real estate sales across the nation accelerated beyond any seen before. Lack of inventory coupled with low interest rates led to multiple-offers, tremendous buyer demand and rising home prices; between March of 2020 and March of 2022, the average price of a Bend single family home on less than an acre increased 67%. This rate of increase was not sustainable. When
We have hiked the Peter Skene Ogden trail many times, but we never tire of doing this when the weather turns cold. Paulina Creek freezes and the multiple waterfalls along the trail turn into beautiful works of art with ice sculpted into interesting shapes. The sounds of the running water are also muffled when the ice gets deeper and the quiet and isolation of the hike will amaze. On November 26, 2022 we hiked Peter Skene Ogden trail from McKay Crossing campground up Paulina Creek planning on going as far as the early snow permitted. We we pleased to find we could trek the entire way to Paulina Falls using our micro spikes as the trail was icy; the deepest snow was roughly a foot in a shadowed gully roughly 2/3 of the way to Paulina Falls. During the hike we enjoyed total privacy with no other hikers seen the entire day. But the views of the partly frozen waterfalls were lovely and the 13 miles in and out were well worth the experience. We highly recommend this hike in the winter, but be prepared for deep snow as the season progresses.
![]() |
![]() |
![]() |
![]() |

We respect your concerns about privacy and value the relationship that we have with you.
Like many sites, we use cookies on our website to collect information to help improve your browsing experience. The cookies that we use allow our website to work and help us to understand what information is most useful to visitors.
For the best website browsing experience, please enable cookies. Go here for instructions on how to enable cookies on your browser.



