Posts with tag 'multiple offer'
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26
Mortgage Rates Drop to Low 6%: What Bend Buyers Need to Know Right Now
The phone calls started coming in last week. Buyers who'd been sitting on the sidelines since rates climbed above 7% suddenly wanted to talk numbers again. The reason? Mortgage rates have fallen to their lowest point in over a year, hovering just above 6% for qualified borrowers.
For Bend's real estate market, this shift changes the equation in ways that go beyond simple monthly payment calculations. The question isn't whether lower rates matter—they do. The question is what smart buyers should do about it right now.
The Monthly Payment Reality
A half-point drop in interest rates might not sound dramatic until you run the numbers on Bend's median home price. On a $650,000 purchase with 20% down, the difference between a 6.5% rate and a...
7
Bend Premier Real Estate | November 2025 Newsletter
What's in the November 2025 Bend Premier Newsletter?
- A Cooler Fall Market Emerges for Bend Home Sales
- Cranberry Orange Bread
- Preparing Your Home for Thanksgiving: Cleaning and Decorating Tips
- Fall Adventure on the Peter Skene Ogden Trail
- Top 5 Reasons to Hire a Real Estate Agent When You Sell
5
Should You Sell Before the Holidays or Wait Until Next Year?
As the holidays approach, many Bend homeowners find themselves asking the same question: Should I list my home now or wait until after the New Year?
The truth is, there's no one-size-fits-all answer—but there are compelling reasons to consider making your move before the year ends.
Why Selling Before the Holidays Can Work in Your Favor
- Motivated Buyers Are Still Looking
Not everyone slows down for the season. Many buyers in Bend are relocating for work, making year-end moves to take advantage of tax benefits, or finally finding time to focus on their home search during the holidays. These buyers are serious—and they're often ready to make strong offers. - Less Competition Means More Attention
Inventory in
31
The Haunted Listing That Wouldn't Sell
Don't be scared of a tough listing — sometimes the biggest fright hides the brightest opportunity.
Every agent has that one listing that gives them chills. You know the type — the one that lingers on the market while others fly off the shelf, the one buyers love online but vanish after the showing. For one Bend agent, it felt like the house itself was haunted.
A Spooky Reputation
Perched on a quiet, tree-lined street, the craftsman looked perfect from the curb. But once inside, visitors whispered that "something felt off." Lights flickered during showings. The air felt drafty. Doors creaked when no one was near them. Word spread quickly — the house was haunted!
Before long, even seasoned buye...
16
The $280 Shift in Affordability Every Homebuyer Should Know
If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that's the 5th straight month where buying a home has started to get a little bit easier.
Let's break this down into real dollars, so you can see the difference this could make for you (and your move).
Monthly Payments Are Coming Down
One of the clearest signs of this shift is in monthly payments. The latest data from Redfin shows mortgage payments on a median-priced home are now $283 lower than they were just a few months ago (see graph below):