Real Estate Broker/Owner
Lynnea Miller
Bend Premier Real Estate provides premier service to our clients and all others we work with. We believe "Integrity, Experience, Results" summarize our philosophy and guides us through our business.
Cell: (541) 771-6390
Office: (541) 323-2779
More Info
Real Estate Broker/Owner
Melinda (Mel) Peterson
Inspired by her love for dreamy homes and lattes, Mel specializes in creating relationships of land and life... with a latte laughter.
Cell: (541) 659-1620
More Info

Bend, OR Real Estate News

By Kim & Kristine Halverson, Sisters, Realtors
(Sotheby's & Knipe ERA)
🌟 Taking a Leap of Faith 🌟 Hey there, lovely souls! 🌸 I wanted to share a little piece of my journey with you all. 🗺️ Years ago, I was considering a big move to charming small city of Bend, Oregon! 🏞️ The thought of this adventure brought a mix of excitement and jitters, but I was ready to embrace the unknown with open arms. 💪🌈 🔍 Research & Plan: 📚 I dove into everything about Bend - from its cozy culture to the breathtaking landscapes. 🌄 Having a solid plan in place helped me feel more confident about this exciting step! 🌍 Embrace the Adventure: 🌟 Life is all about new experiences, right? I'm fully embracing this new chapter, seeing it as a chance to grow and explore in ways I've never imagined. 🌱✨ 🙌 Building Resilience: 🌼 I know there might be moments of challenge or homesickness, but...
Comments 3
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Awbrey Glen Is An Established Bend Luxury Subdivision Brooks Resources broke ground on Awbrey Glen in 1993 and completed the subdivision in 2006. Its 156 homesites were sold individually to buyers who were able to hire their own contractor to build their custom home, subject to architectural guidelines. This created a neighborhood of unique high end homes, many of which bordered Awbrey Glen Golf Course. Today there are 375 members of Awbrey Glen Golf Club, a private club offering the golf course, restaurant, pool, fitness facility, and many activities. People who live at Awbrey Glen tend to enjoy their home and social life. Awbrey Glen Sales Prices Dropping Unlike Bend in general, home prices in Awbrey Glen are going down. This may be partly because Awbrey Glen's listings are limited. ...
Comments 2
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Awbrey Butte Is One Of Bend's Premier Luxury Neighborhoods Originally developed by Brooks Resources in 1984, Awbrey Butte was "finished" in 2005. Containing over 1800 acres with 782 homesites, Awbrey Butte remains one of Bend's most prestigious neighborhoods. The development focused early on large homesites providing for privacy and retained much of the natural landscape and mature trees which existed there. Many homesites were situated to provide for Cascade Mountain, city or eastern views. A large number of the homes were built at a time in which natural woods were popular and the resulting neighborhoods often contained many large, lodge-style homes. Today's home buyers usually recognize the quality of these beautiful properties and may remodel them to a more current look while retai...
Comments 7
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 ...
Comments 3
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.
Comments 5
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 ...
Comments 5
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.
Comments 8
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 ...
Comments 2
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...
Comments 8
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...
Comments 4
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Single Family Home Sales Reflect Mixed Results We have been tracking Bend home sales for many years. Bend has been in a seller's market since 2012, but the level to which the seller's market changed during Covid was beyond any we had seen before. Home prices skyrocketed with multiple offers driving sales and inventory levels dropping to two weeks at the peak of the pandemic. However, since last summer, the Bend real estate market has been in transition with rising mortgage interest rates the biggest contributor to the change. While high mortgage rates have greatly impacted the buying power of many home buyers, lack of inventory remains an issue. We had seen home price increases level off and even drop year over year earlier in 2023, but during June this changed. While mortgage int...
Comments 4
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Its hard to believe that after living in Bend Oregon since 1985, we finally attended our first 4th of July Pet Parade. This event has been a Bend tradition since 1924, only missing 1943 due to the Second World War and 2020-2021 due to the Covid-19 pandemic. We arrived early for our seats at 9:00 am with the parade beginning at 10:00 am.  By the time the parade arrived, it is estimated there were well over 10,000 people either participating in the parade or watching it. The pets involved were mostly dogs, but we also saw rabbits, guinea pigs, snakes, lizards, goats, sheep, ponys and horses. Lots of partiotism and fun for everyone. Original blog can be read at Bend Premier Real Estate's blog page
Comments 5
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
 Bend Single Family Home Sales Figures Remain Mixed The May 2023 Bend real estate sales have been published and reflect a market in transition. Inventory levels are growing, but a strong seller's market remains. High mortgage interest rates continue to impact buyer's purchasing power and while average home prices are down slightly, they are not at a level that would significantly affect most Bend home buyers. As we enter our summer peak selling season, the question on how mortgage rates and inventory levels will reflect in 2023 home sales will be answered. When May 2023 Bend single family home sales on less than an acre are compared with those from May of 2022, the following changes can be noted: Average sales price down 3.1% to $861,432 Median sales price up .8% to $746,250 New listin...
Comments 6
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Today two of the agents in our brokerage received a thank you from a grateful seller. "Jim", the seller, brought in 12 dozen roses to express his gratitude for for the efforts of his two listing agents over an 18 month transaction, filled with many ups and downs, but today a successful closing at $3,600,000.   As the managing Principal Broker, I can honestly say that I have never seen a client show such a gesture.  We are all appreciative of the many hours of work from all parties to this challenging deal - and I can honestly say that our agents went above and beyond to make it all happen. Thank you, thank you "Jim" for your heartful appreciation. WE appreciate you.
Comments 12
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Home Sales Take a Downward TurnThe Bend real estate market has been on a roller coaster over the past few years. The Covid-19 pandemic triggered a massive boom in Bend single family home sales, resulting in multiple offers, dramatic price increases, and limited inventory.  However, since the peak in home prices the summer of 2022, home prices and home sales have dropped, inventory levels, days on market and interest rates have risen while new homes hitting the market are significantly down.  Many Bend homebuyers cannot find property that meets their needs. While more homes are on the market, the numbers are still not at balanced levels with less than 2 months of inventory. If we throw into the mix the shifting mortgage interest rates, we find the changes to the Bend market unpredic...
Comments 6
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Oregon Home Sales DownWe have been following the data and our transitional Bend real estate market is definitely showing downward trends in many categories.  The rapid rise in prices and demand we saw during the covid pandemic were unsustainable and now we are seeing adjustments in home sales, days on market and home prices. The shock of higher mortgage interest rates is mostly over and home buyers are back in the market. And sellers are more realistic with home prices and willing to negotiate terms.When Bend single family home sales on less than an acre are compared year over year, the following changes can be seen: Average sales price down 7.7% to $801,839* Median sales price down 12.3% to $680,000 Average list price up 5.5% to $970,512 Median list price up 4.7% to $784,950  New ...
Comments 9
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
For many years we have tracked Bend real estate trends and have consistently watched home prices rise year over year.  Since coming out of the housing recession in 2011, Bend median home prices have risen over 465% from a low of $165,210 in December, 2010 to a high of $775,000 in March of 2022. When the Covid-19 pandemic hit, the rate of Bend home price increase accelerated to over 75% in three years.  This rate of increase was unsustainable and since reaching their high last summer, Bend home prices have fallen. February 2023 was the first month which saw a year over year price reduction in Bend homes.  When  February 2023 Bend single family home sales on less than an acre are compared with those from February 2022, the following changes can be seen: Average sales price down 7% to $82...
Comments 4
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Home Sales Facing New Twists and TurnsThe road ahead for Bend home sales in 2023 is facing many changes from that seen in 2022. Although the fall 2022 Bend real estate market experienced a season of transition with a significant slowing of home sales, the change should be looked at in relationship to the market prior to the Covid-19 pandemic and resulting real estate boom. While the road ahead appears to be in a "slow down" mode, it is all relative to an overall healthy market more balanced between sellers and buyers.When January 2023 is compared with January 2022 for Bend single family home sales, the following changes are noted: Average sales price up 7.9% to $849,680* Median sales price up .3% to $684,950 New listings down 27.8% to 109 Homes for sale up 59.4% to 204 Pending sale...
Comments 8
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Pending Bend Home Sales Significantly Down in 2022 When we study Bend real estate sales in 2022, we can state with confidence that the first six months were very different that the second half of the year. The first half of the year was a continuation of what was seen in 2021, with Bend single family home sales greatly impacted by lack of inventory and relatively low interest rates.  It was an extremely strong sellers' market with multiple offers and contingency waivers a normal occurrence. However, the second half of the year was highly influenced by rising mortgage interest rates with these more than doubling in just a few months - something that had never happened before in the country's history.  The high mortgage rates changed the buying power of potential Bend homebuyers, and the...
Comments 5
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Bend Oregon Real Estate Market in TransitionAsk any Bend Premier Real Estate broker about the local housing market and they will tell you that it is changing. After the initial few weeks of the Covid-19 pandemic, real estate sales across the nation accelerated beyond any seen before. Lack of inventory coupled with low interest rates led to multiple-offers, tremendous buyer demand and rising home prices; between March of 2020 and March of 2022, the average price of a Bend single family home on less than an acre increased 67%. This rate of increase was not sustainable. When mortgage interest rates started rising, this increase coupled with high inflation changed the dynamic of the Bend real estate market. Our market is currently in transition with sales significantly lower than experience...
Comments 4
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
High Interest Rates Impacting the Buying Power of Bend Oregon HomebuyersAlthough the 30 year interest rate has moderated a bit from its high of 7.08% hit November 10, 2022, the rapid increase in mortgage interest rates we have seen since the beginning of 2022 has greatly impacted our buyer's purchasing power. Many buyers are regretting that they didn't buy several months ago before rates rose to the levels they are now. But is it really cheaper to buy a Bend home today than it was six months ago? Let's look at the true difference between these two markets and see what the numbers actually say. In April, we were still living under high demand for Bend Oregon homes and a $500,000 property hitting the market would often generate multiple offers, pushing the price up; a final price of $550,...
Comments 3
Explore Bend, OR
Bend, OR Real Estate Professionals