Posts from March 2025

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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Bend Premier is Pleased to Have LaRonda Acuff-Sack Join the Administrative Team

LaRonda Acuff-Sack, a Bend Oregon native, known for her residential real estate expertise and love of all things local, has been a licensed Real Estate Broker since 1999. She has specialized in listings & new home construction. LaRonda has been a licensed Principal Broker since 2005. She has trained under some of the most renowned sales and marketing trainers in the country and received numerous sales achievement awards including Sales Person of The Year. Well educated in all facets of her profession she has attained Certified New Home Sales Professional certification from the National Association of Home Builders. LaRonda and her husband Joe, an RN at our local hospital, have an "urban farm" in Bends mid-town with a large organic garden and beehives. They enjoy spending time with their family, friends, and beautiful puppy named Ocean. LaRonda could not be more excited to be living and wo...

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More people are taking steps to buy a home. And, if you've been waiting for the right time to move, this may be the sign you've been looking for.

For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn't seem doable. But now, more of them are getting back out there. That's because they're getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize. According to the National Association of Realtors (NAR): 

"H...

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