Bend Premier Real Estate Blog

The Bend Real Estate Market is in Transition

As we have been writing for several months now, the Bend Oregon real estate market is definitely changing. Mortgage interest rates have risen impacting the buying power of would-be homeowners, especially first time home buyers. The buying frenzy experienced in 2021 is gone and the inventory levels of available homes are growing. The days on market of active listings are rising, but so are home prices when compared with the year before. However, the trend lines over the past few months are showing a softening in the market with over 254 price reductions in the past week for all Central Oregon listings. When the market softens, those properties priced well as perceived by buyers are those that sell first.

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Great Central Oregon Hike in the Cascades

The late spring snow experienced in Central Oregon in 2022 resulted in a delayed opening of the trails in the higher elevations of the national forests and wilderness areas.  But in early July, warmer temperatures have melted some of the snow and enabled hikers to access some of the lower trails. Last Saturday we hiked from Santiam Summit to Square and Round Lakes, a hike we had never done before in the Mt. Jefferson Wilderness.  During this moderate 10.51 mile in and out hike we experienced 1056 feet of elevation gain - mostly easy downs to the lakes and ups out of the lake basins. The beargrass was blooming and among the most beautiful we have ever seen.  The results of the 2003 90,000 acre B & B Complex fire were evident, but the blooming manzanita, lupines, and young trees were growing and reclaiming the burned land. The views of Three Fingered Jack, Mt. Washington and the Three Sisters were stunning. 

When we reached Round Lake, we saw people enjoying the lake, either camping on the far shore or staying in the buildings connected with Wilderness Lakes Retreat (there is a dirt road that accesses Round Lake via Jack Lake Road). We even met and spoke with a wedding party who were planning on celebrating their event that evening. People were fly fishing, kayaking, rowing, or just floating on the calm lake. We enjoyed our lunch on the far side of the lake while we watched a bald eagle attempting to catch a fish before returning the way we came, getting back to our car before the thunderstorms began at 2 pm.  

If you plan on hiking this trail, be sure to take a lot of water and wear a hat as the hike is exposed. We saw just a few people - a handful camping at Square Lake and more enjoying Round Lake, either camping or staying at the Wilderness Lakes Retreat. 

For more information on Central Oregon hikes, check out our blog.

Yoli (Yo-Lee) simply translates to cuisine from Korean, but our experience was anything but simple. In our opinion this is the best Korean food in town. We went for lunch midweek and made a reservation in advance which is recommended especially once this place is found out!

The Bi Bim Bap bowl featuring Dakbulgogi (dock-bull-go-ghee) was our first entree which is a spiced Korean miso chicken. This bowl not only has the chicken but also rice, bean sprouts, mushrooms, kimchi, carrots, scallions, and is topped off with a perfect soft boiled egg. Each component had its own distinct flavor and texture which equally stood out and combined so well I couldn't stop eating! Word of warning - when they say spiced they mean spiced!

The Set Lunch was our second choice for entrees. We opted for the Bulgogi (bull-go-ghee) which is thin sliced marinated beef, on...

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Bend Premier Real Estate is pleased to announce that Tiffany Clark, Principal Broker, has joined the brokerage.  Tiffany brings with her 17 years of experience working with buyers and sellers in both the Seattle market and in Central Oregon. When not working with her clients, Tiffany can be found enjoying the Central Oregon lifestyle with her husband and children.

We are excited to see how Tiffany will grow her business with us.  Welcome, Tiffany!

What's in the June, 2022 Newsletter?

• Bend Oregon Real Estate -  May 2022 Trends
• A Quick Lunch Bite in Downtown Bend
• A Checklist for Selling Your House
• Safety Tips for Doggy Doors
• Move Up This Summer