Bend Premier Real Estate Blog

Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It's a tale of two markets.

What's a Buyer's Market vs. a Seller's Market?

In a buyer's market, there are more homes for sale and not as many buyers. That means homes sit longer, buyers have more negotiating power, and prices tend to soften as a result. It's simple supply and demand.

On the flip side, a seller's market happens when there aren't enough homes available for the number of people looking to buy them. Because buyers have to compete with each other to get the house they want, that leads to faster sales, multiple offers, and rising prices.

Right now, both of these scenarios are playing out, depending on where you are. So, how do...

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For those looking for an easy summer hike in the Cascades, it is hard to beat Clear Lake. Better known as a great hike for fall color, it can be enjoyable to spend a few hours hiking the five plus mile loop around Clear Lake in the summer. It is during the warm summer months that many families drive to Clear Lake to enjoy the beautiful water with their rowboat, kayak, paddle board or other floating device; motorized vehicles are not permitted on the lake. While hiking the easy path, it can be fun to watch the young families fishing or paddling around the lake and enjoying the food at the resort. There are year-round cabin rentals available as well as camping. Run by the Linn County Parks & Recreation, the resort is located in the Willamette National Forest and the lake contains the headwaters of the McKenzie River via a percolating spring at the far end of the lake. The lake was formed 3000 years ago when lava from Sand Mountain backed up the river forming the lake. The remnants of the flooded forest are still visible 120 feet underwater and have not fully rotted in all the centuries due to the extreme chill of the lake. 

Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place.

But, something pretty encouraging is happening. While affordability is still tight, mortgage rates have shown signs of stabilizing in recent months. And that may finally make it a bit easier to plan your move.

Mortgage Rates Have Stabilized – For Now

Over the past year, mortgage rates have had their share of ups and downs, making it tough for buyers to know what to expect. But recently, rates have started to level out and have settled...

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Maxwell Butte is a Little Known Central Oregon Hike

While the higher Cascade Mountain hikes were still snow covered in mid July 2025, Maxwell Butte was snow free and offered spectacular mountain views. On July 12, only one other hiker was seen the entire day and while mosquitoes were a problem in the morning, they were gone once the sun rose. The hike from the trail head to the top of Maxwell Butte is a moderate, forested trek with 2453 feet of elevation gain over 5.10 miles one way; the last steep mile up the butte can be more challenging with switchbacks on pumice on parts of the path. However, the higher hikers get, the more the views of Mt. Washington, North and Middle Sister, The Husband and the Wife become visible until near the top, the full view of Tam McArthur Rim and Broken Top can also be seen. Hoodoo Ski Bowl and Hayrick Butte really stand out as well in the topography in a way that is not visible from lower elevations. Looking east, Three Fingered Jack dominates the skyline and north, fabulous views of Mt. Jefferson, Mt. Hood and the eight lakes basin are seen.

For those wanting a good, challenging 10+ mile hike that is rarely crowded and does not require anything other than a self-issued day pass at the trail head, Maxwell Butte may be a good option, especially when the passes for the most popular high Cascade hikes are not available.

There are plenty of headlines these days calling for a housing market crash. But the truth is, they're not telling the full story. Here's what's actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it's not a crash.

Yes, in some local markets, prices are flattening or even dipping slightly this year as more homes hit the market. That's normal with rising inventory. But the bigger picture is what really matters, and it's far less dramatic than what the doom-and-gloom headlines suggest. Here's why.

Over 100 leading housing market experts were surveyed in the latest Home Price Expectations Survey (HPES) from Fannie Mae. Their collective forecast shows prices are projected to keep rising over the next 5 years, just at a slower, hea...

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