If you're planning to move soon, you might be wondering if there'll be more Bend homes to choose from, where prices and mortgage rates are headed, and how to navigate today's Bend real estate market. If so, here's what the professionals are saying about what's in store for this season.

Odeta Kushi, Deputy Chief Economist, First American:

". . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems to be happening. But i...

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Recent headlines may leave you wondering what's next for mortgage rates. Maybe you'd previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds Rate doesn't directly determine mortgage rates, it does tend to impact them. But when the Fed met last week, a cut didn't happen — at least, not yet. 

There are a lot of factors the Fed considered in their recent decision and most of them are complex. But you don't need to be bogged down by those finer details. What you really want is the answer to this question...

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What's in the March, 2024 Bend Premier Real Estate Newsletter?

• High Mortgage Rates and Prices Affecting Bend Home Sales
• Bright Spring Salad
• Spring Home Maintenance Checklist
• Spring in Central Oregon?
• The First Step: Getting Pre-Approved for a Mortgage

High Mortgage Rates - High Prices Affecting Bend Home Sales

For the 4th week in a row, the thirty year mortgage interest rate has risen which has impacted real estate sales across the country. With these rates now pushing 7%, the buying power of Bend homebuyers has diminished.

With this change, few sellers are putting their homes of the market. Why sell a home with a great interest rate when the replacement home will cost so much more to finance? Both Bend home buyers and Bend home sellers are making decisions based on the cost to finance and when mortgage rates rise, often the decision made is to do nothing.

Bend Real Estate Inventory Levels Remain Low

Although there is always a downward seasonal adjustment for Bend home sales in the winter, the number...

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Bend Premier Real Estate Welcomes Carolyn Maury

Carolyn Maury is chasing her passion in real estate by joining one of central Oregon's premier brokerage firms, Bend Premier Real Estate located in downtown Bend, OR. Her passion for real estate started with interior remodels and husband's passion for landscape design. A home is the largest financial purchase most people make in their lifetime, her extensive financial background and people skills will immediately help sellers and buyers find the right transaction for future growth and security.

Maury is a Managing Partner at HighTide Partners, Inc. (HTP). In this venture she is leaning on 30+ years of financial service and technology leadership to acquire investment and support several land development projects for large clients. Maury recently acquired her Oregon Broker license and will be working with a local broker in Bend...

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