Posts made by author 'Bend Premier Real Estate'

The Burma Road, Summit Trail, Misery Ridge Loop Can be Challenging

For those looking to undergo a challenging Central Oregon hike when the Cascades are covered with snow, Smith Rock State Park can provide many options. Typically very busy in the summer when rock climbing is at its peak and the weather warm, winter hikes in Smith Rock can be rewarding with fewer crowds and different perspectives of the rocks. Before sections of the park are shut off in the spring due to falcon nesting, hikers can explore little known social trails and see portions of the park rarely visited. However, for those who wish to exert themselves, hiking along the Wolf Creek trail until connecting with Burma Road, climbing it and then hiking the north side of the park along the Summit Trail, then up Mesa Verde until connecting with Misery Ridge and climbing the backside past Monkey Face to the summit until returning down to Crooked River and then up the canyon to the parking lot can be a fulfilling winter hike of over six miles and close to 1800 feet of elevation gain. During the winter, sometimes weather conditions can create icy patches, so microspikes and trekking poles can be helpful. But if the weather cooperates, the Burma Road, Misery Ridge Loop can be a wonderful challenge.

More Bend Home Inventory and Moderate Price Increases Were the Norm for 2024 Sales

2024 Bend home sales experienced modest price increases for the year, but Bend home buyers were fortunate to have more options. Sellers who had hesitated putting their property on the market during Covid and following when mortgage interest rates were close to 8% finally had more inclination to do so when mortgage rates dropped to the mid 6% range during the summer of 2024. Delayed moves which were offset by high mortgage rates for a subsequent purchase finally made sense when rates dropped. Although there was an increase in home prices and sales for Bend single family homes, it was modest. With more in...

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Have you ever thought about packing up and moving to be closer to the people who mean the most to you? Maybe you're tired of long drives to see your family or wish your kids could spend more time with their grandparents. Clearly, a lot of other people feel the same way.

According to recent data from the National Association of Realtors (NAR), the desire to be near family and friends is the #1 reason people move (see graph below):

That's because moving isn't just...

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Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it.

Here's a look at how that equity could be a game changer for you, and why it'll flip your perspective from "Why would I move right now?" to "Why wouldn't I?"

Home Equity: What Is It?

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When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.

But what many people don't realize is that even in today's market where there are more buyers than homes for sale, there are still things that can cause delays or even keep a house from selling. According to Zillow, in 2024, as many as 1 in 3 sellers took their home off the market before it ultimately sold.

And while the reasons those houses didn't sell are going to vary, there are some general themes that come through. If you're having trouble getting your house sold, here are the top three hurdles that could be getting in the way, and how an expert agent can help you solve these issues.

1. Priced Too High

It's no surprise that price plays a major role when you sell. And in today's market, overpricing a home in...

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