All About Oregon Real Estate

By Zachary Boutin, CPA, Oregon's Tax Problem Solver
(First Response Resolution, LLC)
Welcome to First Response Resolution, LLC’s official blog! We are a specialty tax firm practicing in the Rogue Valley of Southern Oregon. The focus of my practice is solving tax problems for individuals and businesses, IRS Representation of taxpayers, and representing taxpayers before their individual State Departments of Revenue. These services are referred to in many ways such as Tax Problem Resolution, Tax Relief Services, Tax Resolution, IRS Resolution, Tax Controversy, etc. Think of our firm as your Financial First Responders who specialize in saving troubled taxpayers. We help people who are struggling with tax problems get their lives back on track so they can focus on what matters most to them.In this blog post we will be discussing the importance of IRS Transcripts and the valu...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's In The September 2023 Bend Premier Real Estate Newsletter? Bend Real Estate Sales Cooling Air Fryer Apple Fritters 9 Things You Should Do to Your Home Before Fall Starts Crater Rim Trail at Newberry National Volcanic Monument Homeowners Have a Lot of Equity Right Now Original blog can be read at Bend Premier Real Estate's website.
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Real Estate Sales Cooling Fall 2023 While it is typical in the Bend and Central Oregon real estate markets to see a slowdown in sales once we enter into late fall, the change to our market seen in August 2023 does not follow the normal trends. With the 30 year mortgage interest rate now above 7%, the purchasing power of many potential home buyers has been significantly changed. In addition, the number of sellers willing to sell a home which has a mortgage of less than 5% has curtailed new listings coming on the market. This has kept inventory low, pushed prices up and greatly impacted the number of Bend real estate sales. Year Over Year Trends For Bend Oregon Single Family Home Sales When we compare August of 2023 with August of 2022, Bend single family home sales on less than an ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Many of our Brokers have outside interests, hobbies and sometimes additional jobs. Some Bend Premier brokers are passionate about charity, volunteering, serving on various committees (some real estate related and some not), and finding ways to stay involved and busy. However, I doubt any other Broker in Oregon has had such an active role in television and entertainment as Matt Wilson. Besides being an actor, Matt also has worked for NBC in television editing, and last winter worked on NBC's broadcasting of the XXIV Winter Olympics held in Beijing. He found out that he had won an Emmy for his editing work for NBC last month and his Emmy arrived in Bend this week.  Congratulations, Matt, on such an impressive award!Original blog can be read at Bend Premier Real Estate's blog.
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
We have hiked Wickiup Plains in the past, reaching it after first traveling to Sisters Mirror Lake. Another time we hiked through it on our way to Moraine Lake, a wonderful destination or pass through for those hiking to the top of South Sister.  Last Saturday we had a break from the smokey air resulting from several forest fires and we capitalized on hiking to Wickiup Plains once again, this time with new plans. These included climbing two hills overlooking Wickiup Plains - Le Conte Crater and The Wife.  Wickiup Plain is mostly a cinder plateau through which the Pacific Crest Trail passes. However, there are fabulous views of the western flanks of South Sister and Broken Top from the plain that many never see. The trip up to the top of Le Conte Crater had a social trail we found which ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Northwest Crossing Is One Of Bend's Most Popular Neighborhoods Originally developed as the "affordable" option to most of Brooks Resources' subdivisions in Bend, Northwest Crossing quickly became one of the the most popular neighborhoods within the city, attracting many California transplants as well as locals to the healthy lifestyle characterized by the community. The initial style of homes - mostly craftsman bungalows - has evolved over the years with later phases built in the more modern design now desired by many. However, the resale value of the original craftsman homes has increased dramatically and the appeal of the neighborhood has remained among Bend's most favored. What Are The Market Trends For Northwest Crossing Homes? Northwest Crossing experienced the same market trends ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Crater Rim Trail Lightly Traveled Newberry Crater, including Paulina Peak and Paulina Falls, are often our go-to hikes when the weather doesn't cooperate in exploring the Cascades. At a lower elevation, we can often hike this area well into early winter when snow stops our adventures in the higher mountain regions. And its location, between Bend and La Pine, is an easy drive from home. Last Saturday, we ventured into Newberry Crater to avoid the choking smoke much of Central Oregon has been experiencing from the Bedrock fire and now Lookout and Pete's Lake fires as well. We were fortunate that the air stayed relatively clear during our day there and we could enjoy a great hike. We found a hike we had never done before last Saturday.  All Trails named it "Lost Lake to Crater Rim Trail" ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's Up With Real Estate Trends In Sisters, La Pine, Madras And Prineville? We track on a monthly basis the real estate single family home sales trends for Bend, and on a quarterly basis those of Redmond. However, there are four other cities in Central Oregon which are important markets to our home buyers and sellers. The small city of Sisters typically has had higher prices than the other Central Oregon municipalities, but the access to the Cascades and other recreational opportunities has been a draw for those who like its quaint, western theme.  For many for whom Bend is too expensive, wonderful options are available in La Pine, Madras and Prineville.  For the past three years, all three towns have followed the same market trends for their single family home sales as we have seen ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
The survey conducted by The Source Weekly for the Best of Central Oregon in 2023 resulted in two winners for Bend Premier Real Estate. Tiffany Clark was named the runner up for Best Realtor and Bend Premier Real Estate was named the runner up for Best Real Estate Company.  Thank you to everyone who voted for us. We appreciate the support!
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
We hike Three Fingered Jack yearly and always enjoy our experience. Our 2023 hike was no exception and the air was clear, a challenge this summer with the smoke from the Bedrock fire near Eugene coming and going for weeks.  The Canyon Meadow/Three Fingered Jack hike is one of our less strenuous summer hikes, the entire route taking less than 8 miles with roughly 1700 feet of elevation gain. Traveling through the forest recovering from the 2003 B&B fire, it is nice to see the growth of new vegetation and young trees, and it was easy to sample huckleberries growing along the path. Once you enter unburned forest, it isn't far until hikers reach Canyon Meadow with its green grass, wildflowers, and views of Three Fingered Jack. The "unmaintained" spur path to the mountain had a number of fa...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Tarn Lakes At The Base Of Broken Top Are Hidden TreasuresWe have hiked to Golden Lake several times in the last few years, and have always enjoyed the experience despite the length of the trek. We have accessed Golden Lake via the Green Lakes trail, hiking past the last lake deeper into the Three Sisters Wilderness before turning off the main trail into the little used Golden Lake Trail and enjoying the gem of this beautiful, isolated mountain lake. However, we noticed several years earlier that the lovely series of waterfalls which feed the lake have a faint path next to the creek traveling higher up the lower slopes of Broken Top. We had never taken this path before due to the length of our day hike via Green Lakes already exceeded 16 miles.The first weekend in August, 2023, we hiked ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What's In The August 2023 Bend Premier Real Estate Newsletter? Bend Home Sales Average Over $1,000,000 in July Mt. Hood's Clear Lake Hike Worth the Trip Four Ways You Can Use Your Home's Equity There's Only Half the Inventory of a Normal Market Housing Market Forecast Original blog can be read at Bend Premier Real Estate's blog page.
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Oregon Home Sales Price Over Million Dollars We never thought this would happen, but the average Bend single family home sold for over a million dollars in July, 2023. Despite mortgage interest rate hovering around 7%, high end Bend homes are selling. When demand exceeds supply, home prices rise. When mortgage rates jumped from 3.5% to 7% in the space of a few months, there was a drop in home sales. However, it appears that home buyers have become used to higher rates, and there are still a large number of Bend home buyers who are purchasing with cash. Lack of inventory continues to be a big problem and lack of affordability for Bend first time home owners has pushed many to alternative cities. When figures for Bend single family home sales are compared between July 2023 and July ...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Mt Hood's Clear Lake A Popular Destination With the recent heavy smoke Central Oregon has been experiencing from the Bedrock Fire, we expanded our hiking locations to include the Mt. Hood area. Last Saturday we enjoyed the hike to Clear Lake, a popular hike located just off Hwy 26 by Skibowl in the Mt Hood National Forest. We started our hike just after 9:00 am after our two hour drive from Bend, and found the parking lot practically full. The hike to Clear Lake was well marked and typically is an easy to moderate in and out loop trail around the lake with roughly 300 feet of elevation gain. However, past the lake, which has lovely views of Mt. Hood on a clear day, there is an option to hike up Tom, Dick and Harry Mountain in the Salmon - Huckleberry Wilderness, a trip that provides fo...
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By Rob Host
(Real Estate Consumer Guide)
Experiencing a house fire is a distressing event that can leave homeowners feeling overwhelmed and uncertain about the next steps to take. In Oregon, where fire incidents can occur due to various reasons such as electrical malfunctions, wildfires, or accidents, it's crucial to be prepared and know how to respond after such a devastating occurrence. This comprehensive guide aims to provide valuable information and guidance for homeowners who have faced a house fire in Oregon.1. Ensure Safety First:The safety of you and your loved ones should be the utmost priority after a house fire. Once the fire is extinguished, evacuate the property safely and seek medical attention if needed. Avoid re-entering the damaged house until it has been declared safe by the appropriate authorities.2. Contact...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Balloons Over Bend Starts Friday There is a fascination with watching colorful hot air balloons rising at sunrise in the Central Oregon sky with the backdrop of the Cascades and the high desert landscape. Starting this Friday, the annual Balloons Over Bend festival will run through Sunday offering daily sunrise launchings of the hot air balloons, Night Glow Friday evening in Bend and Saturday evening in Redmond, plus many fun activities for the whole family during the day. The planned schedule is as follows: Friday July 28, 2023 Balloon launches at Sunrise at RE Jewell Elementary School Balloon blast kids race at COCC Bend Night Glow at COCC Saturday July 29, 2023 Balloon launches at Sunrise at RE Jewell Elementary School Redmond Night Glow and Brewfest at the Fairgrounds Sunday July 3...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
We have hiked to Camp Lake annually over the past few years. We have always appreciated the beauty of the area with North, Middle, and South Sister as well as Broken Top dominating the skyline. However, the hike to the beauty was especially hard this year due to the heat of the July weather and the large number of fallen trees which needed to be maneuvered around.  We arrived at the Pole Creek Trailhead, off forest service road 15, early in the day and started the hike in the relatively cool temperature of early morning. The first 4 miles of the hike are through the burned trees of the Pole Creek fire from 2012. The first 2 miles of this dry, dusty trail were cleared from the fallen trees, but once we turned off the main trail onto the trek toward Camp Lake, the blow down was significa...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend High End Home Sales Reflect A Changing Market It has been awhile since we last reported on Bend luxury home sales. We pulled a report showing year to date activity over the past three years. While Bend home prices in general are back to a small upward trajectory year over year, the numbers of sales are significantly down, as they are in all price points in most of the markets in Central Oregon and across the country.  Higher interest rates have changed the buying power of would-be home purchasers, even in the high end, and have also kept many would-be sellers off market. Why sell when the mortgage interest rate many homeowners have is so good? A replacement home, while potentially being better for the current lifestyle of a home seller, may cost more on a monthly basis with the hi...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
We have hiked in the Three Sisters Wilderness many times and have always enjoyed our experience.  However, accessing views of Collier Glacier can be a bit of a challenge. Located in the saddle between North and Middle Sister, Collier Glacier views, on the north edge of Collier Cone, are obtained after a seven and a half mile hike from Lava Camp Lake Trailhead through Matthieu Lakes or the Obsidian Trailhead. While only 1/2 mile off the Pacific Crest Trail, to reach the edge of Collier Cone involves a scramble up a steep pumice hill, but once you arrive, the setting is spectacular with the glacial lake and towering vistas of North and Middle Sister and Little Brother.  We hiked this trail 7-15-23 during one of the hottest days of the year. Although we started the hike early, it took alm...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Redmond Real Estate Sales - A Market In Transition It has been awhile since we last looked at the data for Redmond Oregon home sales. Redmond's housing has consistently been more affordable than that available in Bend with the majority of homes in the city what most would considered middle income suburban. The Covid-19 housing boom impacted Redmond as it did most of the country, and now rising interest rates, lack of inventory, and relatively high prices are creating a housing market in transition. We looked at Redmond home sale for the first half of 2023.  When the first six months of 2023 are compared with the first six months of 2022, the following changes can be noted for Redmond single family home sales on less than an acre: Average sales price down 10.7% to $508.212* Median sales...
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