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Posts with tag 'Redmond Oregon Real Estate'

Bend Premier Real Estate Blog

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October
27

A few years ago, inventory hit a record low. Just about anything sold – and fast. But now, there are far more homes on the market. Listings are up almost 20% from this time last year. And in some areas, supply is even back to levels we last saw in 2017–2019. For sellers, that means one thing:

Your house needs to stand out and grab attention from day one.

That's especially true when you consider why the number of homes for sale is up. Here's how it works. Available inventory is a mix of: 

  • Active Listings: homes that have been sitting on the market, but haven't sold yet
  • New Listings: homes that were just put on the market

Data from Realtor.com shows most of the inventory growth lately is actually from active listings that are staying on the marke...

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October
16

Click Here to see the Q3 Market Trends for Bend Real Estate and Redmond Real Estate, as well as the Q3 real estate trends in Sunriver, La Pine, Sisters, Prineville, Madras, Powell Butte, and Black Butte Ranch. In Q3 2025, the Bend Oregon Real Estate market and surrounding communities experienced a change when mortgage interest rates dropped in late summer. This enabled many Buyers who had been on the fence to finally make offers when their financed purchase became more affordable. Sellers who hadn't sold during the peak summer selling season were more inclined to consider below asking offers and to negotiate repairs. The number of active listings grew in all markets but Redmond, days on market increased in all markets but Redmond, and prices were up or down depending on the city. There was more balance in the market in most cities with the exception of La Pine, Madras and Powell Butte which reflect strong buyer's market. It is suggested that sellers in these cities list their homes at a price which is extremely competitive if their goal is to sell in a timely basis. A Bend Premier real estate broker understands the local Central Oregon real estate market trends, which is crucial to properly representing buyers and sellers. We can provide insights into which areas are popular, price trends, and the average time properties stay on the market. We can also provide you with access to listings that match your criteria, some of which may not be widely advertised. We also have the first word on properties about to hit the market, giving you an edge in a competitive market. 541-323-2779

October
16

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):

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October
8

What's in the October 2025 Bend Premier Newsletter?

  • Lower Mortgage Rates are Making a Difference
  • Pumpkin Pancakes
  • Get Spooky While Saving: Budget-Friendly Halloween Decor Ideas
  • Carl Lake is a Little Known Hike
  • 3 Advantages of Buying a Newly Built Home Today

October
2

If you've been watching from the sidelines, now's the time to lean in. It's officially the best time to buy this year. According to Realtor.com, this October will have the most buyer-friendly conditions of any month in 2025:

"By mid-October, buyers across much of the country may finally find the combination of inventory, pricing, and negotiating power they've been waiting for—a rare opportunity in a market that has been tight for most of the past decade."

So, if you're ready and able to buy right now, shooting for this month means you should see:

  • More homes to choose from
  • Less competition from other buyers
  • More time to browse
  • Better home prices
  • Sellers who are more willing to negotiate

Just remember, every market i...

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