Central Oregon Real Estate Market Newsletter || August 2025

Happy August!

Who else out there is July'ing in August? This summer is going way to fast so I decided to repeat July! That means spending time with my boys, friends, biking more, floating more, paddling more, selling more!

So, here is what the Compass Real Estate Intelligence stats are showing; Mortgage rates are at a 10 month low, inventory has plateaued (peak appears to be two weeks ago). IF rates get closer to 6%, this will spark buyer movement. BUT bad inflation data will chill this scenario. Prices are soft and heading lower. But the fear of prices crashing needs more inventory which at the moment simply isn't happening.

Sellers, your competition is decreasing....

Have you heard of a Home Sleepover when buying? In the high-end market—especially in areas like California, New York, and Florida—buyers are increasingly opting to “test-drive” homes through overnight stays. These immersive experiences offer a real-life feel of the property and neighborhood, with stays sometimes stretching weeks or even months at premium rates. While appealing, agents warn that they come with complications like insurance liability and logistical challenges. If you were selling, would you allow this to happen in your home? Sounds like an insurance nightmare....

OK - let's gear up for fall and see how the market shifts... it's been a relatively mild summer for real estate - things are moving, but at the slowest pace seen in 10 years! This should weed out a few Realtors, I suspect and as we all watch what happens with rates in the next few weeks, that will also dictate our fall pace....

Let’s stay connected. You know where to find me—basically everywhere real estate is happening.

Got Questions? Reply here!

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Julie Reber, Principal Broker

415.609.3677

Your LOCAL Real Estate Expert

Helping Buyers and Sellers for Over 24 Years!

Thanks for your Business, your Loyalty and your Referrals

Julie Reber's Listings

FOR SALE!! PRICE ADJUSTMENT!

Dreaming of some legit elbow room or looking to start that agribusiness? How about ~162 Acres on the east side of Bend, just 10 minutes to downtown. You're in the Vibe and out of the Crowds at the same time!

23636 Ten Barr Trail

NOW Offered @ $3,500,000 (watch the NEW video - it's super fun!)

OPEN HOUSE THIS THURSDAY FROM 10am - Noon!

A sprawling ~162 acre ranch
85.5 acres of deeded irrigation rights
A practically new modern farmhouse
3 bedrooms
4.5 bathrooms
Over 3800 sq. feet of designer living.
A separate farm hand house - currently rented @ $3500/month
A brand new barn - over 10,000 sq. ft. perfect for your equipment, your toys, full bathroom and the ULTIMATE party space!
A new outdoor riding arena with 4 stall barn
Front Fenced acreage perfect for running cattle or other livestock (currently housing swine)
A large concrete platform poured on the east side to host events / weddings (EFU zoning allows 1 event every 90 days)
Two land owner preference tags for all game animals

Active w/ Contingency

(Meaning, buyers need to sell to perform)! There is still time to buy this cutie!

63227 Brad Street

3 Beds, 2 Baths, 1746 Sq Ft.

Meet Brad - a Beautifully Designed, Energy-Efficient Home in Prime Bend Location. Tucked on a quiet cul-de-sac, this chic single-lvl stunner offers 3 spacious bdrms + an office, ideal for flexible modern living.

Offered @ $595K, with a $10K buyer incentive!

Handicap access: all doors are 36” wide & walk-in shower
Extra insulation: higher r-value than code required
Low maintenance yard
Walking distance to Bridge 99, Hideaway, Wild Roots coffee
Quiet dead-end street
Empty lot across for firetruck access, never will get built on
Separate primary bedroom suite (extra roomy)
Soft close cabinets in kitchen with pullouts
Natural gas bbq
Laundry room hookups allow dryer to be either electrical or natural gas
30 year composite roof
Spacious parking; three parking spaces in the alley and street parking in front of the house

PENDING!

64139 Harris Way

6.2 Acres, 3272 Sq. Ft. House, VIEWS!

Presenting a premier living opportunity in the prestigious Golden Triangle (Between Bend, Redmond and Sisters)!

Geographical variety!

Flat acres prime for a lavender field or pasture (irrigation is possible!) and the home is built on a plateau offering both eastern and western views. Lives like a single level home. The chipping green offers an ideal Spot for ADU. Asphalt driveway with gravel options.

The brand-new primary suite offers breathtaking 7-peak mountain views. The new, spacious living room, with its vaulted ceilings and elegant fireplace, is complemented by large windows that showcase spectacular views of the Eastern Mountains. Solar Panels too!

Offered @ $1,449,000

For Sale!

51780 Morning Pine in LaPine, OR

This large .22 acre corner lot is fully fenced and backs up to open space. The 3-4 bedroom practically NEW home with office has been lightly lived in by it's out of state owners, and it is the one with the builder upgrades! These meticulous owners added A/C, custom blinds on all the windows, it has a 4 zone watering system in front and back with professional landscaping.

Offered @ $499,000

What my clients have to say:

Julie came to us recommended from some friends - she was super proactive, attentive, knowledgable, and ended up helping us get an offer accepted on a home we love within just one week of searching! Highly recommend Julie to anyone in need of a realtor.

~ Andrew C.

Tips and Tricks:

* How can you accelerate building equity in a property?

1. Increase your downpayment. The smaller the mortgage, the less time you spend paying down interest, the lower the interest paid.

2. Increase the size of your monthly payments, or pay bi-weekly....26 half payments per year is akin to 13 months, not 12 month's worth of payments.

3. Renovations done wisely and cost-effectively add value to most properties.

4. Minor upgrades can add value too.

5. Refinance to a lower rate to shrink your monthly payments, freeing up more money for additional principal payments or renovations to boost equity.

Luxury Lens: Is the U.S. a Buyer’s or Seller’s Market?

Is the U.S. a buyer’s or seller’s market?

This is the question everyone wants answered. In the U.S., sellers have enjoyed the upper hand for most of the past decade.

“We’ve been in a seller’s market pretty consistently since 2016,” says Danielle Hale, chief economist at Realtor.com. But is the market finally moving to favor U.S. buyers again?

Three key market indicators, tracked by Realtor.com data, suggest it could be on the turn.

Continue reading Luxury Lens: Is the U.S. a Buyer’s or Seller’s Market? at Sotheby´s International Realty | Blog.

Read Article

August 2025 Bend Stats! Is Data your thing?

There is less for sale right now (as mentioned about). There are more listings under contract and it's taking less days on market to get the home sold!

New development is a good place to get a fair deal right now - they are more motivated to sell than not because their construction loans are expensive!

And just like that...

As the dog days of summer are upon us, I find my family shifting yet again. Jettson, on the left, is at football two-a-days now with his first Varsity game this Friday. And I just returned from North Carolina where I helped Jupiter set up his dorm room for his Freshman year at Queens University in Charlotte where he'll be playing NCAA D1 Rugby! Go Royals! Go Cougars! #boymom

#sportskeepthembusy

Wishing you a great last few weeks of summer!