Bend Premier Real Estate Blog

Northstar Community Initiative Sponsored the Event at Family Kitchen

Bend Premier Brokers Laurenn Schiek, Julie Carnagey, Sherry Ortega, Catherine Bedford, Jennifer Burkett, Katharine Miller, Danielle Gates and Lesley Snider were the work force which prepared food at Family Kitchen last Friday. Northstar Community Initiative, a 501(c)(3) charity, is the brainchild of Danielle Gates and is managed by a board of directors made up primarily of Bend Premier brokers. Besides working in the kitchen, Northstar provided donations of office supplies which Family Kitchen indicated they needed as well as the hats used with the meal prep, created by Matzke Designs.

If you took your house off the market in late 2024, you're not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that's more than any other December going all the way back to 2017 (see graph below):

Whether it was because offers weren't coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners deci...

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What's in the March 2025 Bend Premier Newsletter?

• Bend Real Estate Inventory is Way Up
• Rich Irish Soda Bread
• Bathroom Makeover Ideas: Easy Updates for a Luxurious Feel
• Spring Snow Sports to Enjoy in Central Oregon
• Do You Know What Your House is Really Worth?

At one point or another, you've probably heard someone say, "Yesterday was the best time to buy a home, but the next best time is today."

That's because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here's the truth: waiting for the right moment could cost you in the long run.

Home Prices Are Still Rising – Just at a More Normal Pace

The idea that prices will drop dramatically is wishful thinking in most markets. According to the Home Price Expectations Survey from Fannie Mae, industry analysts are saying prices are projected to keep rising through at least 2029.

While we're no longer seeing the steep spikes of previous years, experts project a steady and sustainable increase of around 3-4% per year, nationally. And the good...

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Bend Real Estate Inventory is Way Up

The real estate trends for Bend single family homes are reflecting a changing market. Sales are dependent upon a mortgage interest rate that works for the majority of home buyers, but also upon available homes from which to choose. February 2025 saw a shift in both categories with a large increase in home inventory as well as a more moderate reduction in mortgage interest rates. Buyers are finding many more homes on the market that may meet their search criteria. Sellers are finding that in order to make their home stand ou...

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