Date Archives: June 2020

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5 Tips for First Time Homebuyers

First Time Homeowners

You have decided now might be the right time to enter into the Bend real estate market. Sometimes for first time homebuyers the process of purchasing real estate can be intimidating and very overwhelming. Keith Petersen will be there to help step you through the process from start to finish, he will help you get in touch with a mortgage broker to get you pre-approved so you know what price range you can start shopping in for homes, he will help you navigate the location and neighborhood that would fit your lifestyle and needs best and of course negotiating the purchase and handling all the paperwork that goes along with the real estate transaction. Below are 5 tips and advise to help you prepare for home ownership.

  1. Buy Only What You Can Afford: It's easy for homebuyers to get caught up in the emotions of buying their first home. It is important to find out what you can afford. You will need to look at your personal finances and your ability to cover additional debt, this is something lenders take very seriously. Lenders will generally want your overall dept to income to be no more than 40-50% of your total income. A good rule of thumb is not to spend more than 28% of your total income on housing costs, this includes mortgage payment, property taxes, and insurance. We have some great mortgage brokers than can help you navigate through the process of finding out what you can afford and what you can get approved for.


  1. Get Pre-Approved for Your Home Loan: Knowing how much you can afford to spend on a new home is the first step in the home buying process. Like we talked about in step one. There are many mortgage calculators that can help you figure out what your monthly mortgage payments would be based on the price of the home, terms of the loan, and percentage of the down payment.


  1. Don't Forget the Extras: When you are figuring out how much home you can afford, it's important not to forget the extras. Additional items to include in your monthly cost would include property taxes and any homeowner association dues, home ownership insurance. New homeowners also need to make sure they consider any appliances that need purchased, window coverings and maintenance costs. The general rule of thumb is to set aside 1% of your homes value for yearly maintenance and repairs.


  1. Make a List: Before you even start looking at your first home, make a list, make columns with items such as "must haves" (examples: backyard, location) second column "wish list" these are things you would like to have but are not necessary. You are probably not going to get everything on your homeownership list but it will help keep you and your real estate broker on track during your home search.


  1. Find a Good Real Estate Agent: Whether it's finding a mortgage broker, finding out about neighborhoods Keith Petersen can help you navigate finding you the right home at the best price. The goal is to make you happy and successful with your first venture into purchasing real estate in the Bend area.

Sunriver Area Community Information:

Phase 2, Deschutes County  - In compliance with guidelines

  • Gathering limits will be raised to 50 people indoors, and 100 people outdoors.
  • Indoor and outdoor venues, including churches, faith-based organizations, and theaters, with six feet of physical distancing and other measures in place, can reach a COVID-19 occupancy limit of up to 250 people.
  • Offices can begin reopening and employees can return to workplaces with physical distancing and other measures in place, although remote work is still strongly recommended whenever possible.
  • Increased travel is allowed throughout Oregon, though staying local is still recommended to prevent overloading county health systems.
  • Restaurants and bars will have curfews extended to midnight.
  • Pools and sports courts will be allowed to reopen under new guidance.
  • Indoor and outdoor activities such as bowling, batting cages, and mini golf, will be allowed to reopen under guidance.
  • Recreational sports can resume in a limited form, under strict physical distancing guidance.  



Sunriver Owners Association

SHARC Aquatics remains closed for now:

As of 3 pm on June 5, Deschutes County was approved to move into Phase 2. No date for reopening SHARC aquatics has been announced at this time. Sunriver Owners Association is working through the state's reopening guidelines and it will take time to safely and successfully reopen pools according to these reopening guidelines. We ask for your continued patience and any new information will be posted on our website SHARC

Bend-La Pine Schools' Grab and Go free meals for children will be extended through this summer. The free meals are available to children age 0 to 18, Monday to Friday, from 10:30 am to noon and includes Three Rivers School. Visitors are asked to enter through designated doors, pick up a meal from the cafeteria and then take the meal to go. Adults can purchase a meal for $4. Details

Sunriver Music Festival - This year marks the 25th season of the Sunriver Music Festival upholding its mission to nurture the next generation of classical musicians via the mighty supporters of the Young Artists Scholarship program (YAS). Even in the midst of these days of heartbreaking cancellations, music WILL continue! Over the next few months, we look forward to introducing you to all of 2020's fine young YAS recipients and we'll also be shining the spotlight on some accomplished alumni! Over the next few weeks, $35,000 in scholarships will be disbursed among this year's 24 deserving recipients. That makes for over $580,000 total in the 25-year history of YAS. Details. 

Cascade East Transit - The new Route 31 FREE Summer Shuttle connects the city of La Pine and Sunriver. The free service operates seven days per week between June 1 and September 7, with stops located at 4th and Huntington, St. Charles Family Clinic, and Wickiup Junction in La Pine and The Resort in Sunriver. The service starts at 5:15 am in La Pine and runs until 7:30 pm, offering nine round trips every day of the week. Please share this information to residents, employers, and employees to help foster job growth, economic development, and increased access to health care services in Southern Deschutes County. Route 31

Questions about how to plan your first trip on the FREE Shuttle? Visit CET or call 541-385-8680. 

Forest Service

The Deschutes National Forest has begun the first phase of opening campgrounds. They will restore access to campgrounds incorporating considerations for the safety of visitors and employees. If a campground remains closed, it is likely closed due to hazard trees or other safety issues. As always, forest visitors are encouraged to "Know Before You Go." Check local weather conditions, fire restrictions and the status of the recreation site you are wanting to visit. Know Before You Go

Community Health Center - With heavy hearts, we must announce that our location in the Sunriver Business Park will close on June 12, 2020. Although we will no longer have a physical presence in Sunriver, we want to assure you that La Pine Community Health Center (LCHC) will still be available in La Pine, just a few miles down the road, to support the health and wellness of the Sunriver area communities. Our other satellite locations including La Pine School-Based Health Center, Gilchrist School-Based Health Center and Christmas Valley will also remain open.

Support local businesses in Sunriver!

Beards & Bangs - 541-797-0303 for appointment or go to: Beards and Bangs Barber Shop

Cooper Racing and Small Engine Repair - 541-598-9170 or go to Cooper Racing and Repair

Flowers at Sunriver Village - Delivery to Sunriver and Bend. Shop online at www. or call 541-593-1300

4 Seasons - Open 9 am to 4 pm everyday for bike repairs and sales. Bike rentals can be made by calling 541-593-2245 and can be delivered. Check out our End of Season Ski Sale! 4 Seasons Recreational Outfitters

Goody's - Order and go 541-593-2155 or go online to Goody's

ReStore's first week is focused on sales only, and we will resume accepting donations the week of June 8. If you have been doing your sorting and spring cleaning during quarantine, we want your donations! Drop-off donations will be welcomed on Thursdays from 10 am to 2 pm (starting Thurs, June 11), or you may call to schedule an appointment for an alternate time. The ReStore van is happy to schedule curbside pickups at your home or business for larger items and furniture; call us at 541-536-3234 or Habitat for Humanity

Lazy Daisy - 541-593-4654

Sunriver Fly Shop - 541-593-8814

Sunriver Sports - Sunriver Sports, building 16 and building 13 in the Village at Sunriver is open for bike rental, sales and repair. Special sale on skis. Open 7 days a week, 9 am to 6 pm. Can drop off or pick up bikes. Bikes can be rented on line by going to Sunriver Sports or call 541-593-8369

The Hook Fly Shop and Cascade Guide & Outfitters - 541-593-2358

Village Bike & Ski - For rentals call 541-593-2453

Village Threads - Ton's of new items in stock. 541-593-0114

Webfoot Painting - 541-390-0590  

West of the Moon - 541-598-8819  Open daily 10-8 pm

Wild Poppy Florist - 541-593-2027  Door to door everyday flower deliveries to Bend, Sunriver, Three Rivers, and La Pine.

Your Store - Souvenier clothing for the whole family from $9.99 - $19.99 

Sunriver Library - Check out the local Sunriver Library. 

Resturants in the Sunriver Area

Big Belly Burger & Brew - 541-593-8929 Located in the Sunriver Business Park.

Blondies Pizza - Ope for take out our delivery 541-593-1019

Blue Bite Catering - 541-388-1104

Brewed Awakenings - Drive thru available 541-678-5288

Cafe Sintra - 541-593-1222 Dine in or take out.

Hola - 541-593-8880

El Caporal - Dine in or take out orders 541-593-3335

Marcello's Cucina Italiana - 541-593-8300

South Bend Bistro - Dine in or take out 541-593-3881

Subway - Located in the Sunriver Business Park 541-647-2963

Sunriver Brewery - Tuesday night specials! 541-593-3007

Carson's American Kitchen at the Sunriver lodge along with Merchant Trader Cafe, Mc Divots Cafe and Starbucks.

Village Bar and Grill - 541-593-1100 - Outside patio dining available

If you are not finding what you are looking for and still have questions about where to find a business or about the area in general, give me a call/ text 541-815-0906 or email me at



Create Your Ultimate Outdoor Kitchen

Backyard Kitchen

Create a beautiful outdoor cooking space for relaxing and entertaining all summer long.

As summer approaches and temperatures start to rise, no one wants to spend time inside sweating over a hot stove. With an outdoor kitchen, you can make the most of the beautiful warm nights by spending them with your friends and family.

Whether you have thousands to spend or a just few hundred to splurge, create your own outdoor kitchen and enjoy all it has to offer.

Upgrade your grill

A rusty, dusty grill doesn't inspire lingering outdoor evenings. Upgrade your outdoor grill and take care of it all year round for a stand-out outdoor kitchen. A standard grill will cost you $150 to $300, and top-of-the-line outdoor ranges may be upwards of $1,500.

Before buying the biggest and best grill, consider how you will use one. Will you be feeding the whole soccer team? Or perhaps grilling some steaks for a romantic dinner for two? Look for a grill with features you will actually use and not just the latest trends.

Enhance your seating

If your basics are up to date, then you'll want to upgrade your patio furniture and seating options too. If you plan on dining outside often, invest in an actual dining table and appropriate chairs. Eating a gourmet dinner off your lap downgrades an otherwise luxurious experience.

If you're looking for more versatile pieces, sleek contemporary options coordinate nicely with most outdoor kitchen setups. Expect to spend a good chunk of change on quality furniture, but remember: With the proper care and maintenance, it can last as long as high-end interior pieces. Make sure you have a plan for the off-season, whether that's moving outdoor furniture to indoor storage or securely covering it to protect it from the elements.

Add the extras

Want a prep sink? Wine fridge? Ice machine? Built-in smoker? You got it. The sky's the limit when it comes to custom additions — or rather, your budget is the limit. Think carefully about your space before making a wish list.

Perhaps a full chef's kitchen won't quite fit in your backyard, but a beautiful wine fridge and some extra counter space are just what you need to take your outdoor kitchen to the next level.

Some features require installing or extending utilities (think: water or electricity), so don't forget about portable additions such as a bar cart — which adds class without hassle.

Make it comfortable

Think about how you will provide amenities to make being outdoors comfortable, such as shade, heat (if using your space year-round), and perhaps even a few extras like a TV or audio equipment.

Tucking the seating close to the house may help you take advantage of a porch or awning. Otherwise, structures such as a light-strung pergola add shade during the day, light at night and atmosphere all the time.

If you have the room, the addition of a fireplace allows for a longer entertaining season. Outdoor kitchens don't have to be just for summer, after all.

If you like to have some indoor comforts while enjoying your beautiful outside oasis, television and music can be connected outside — although it can be expensive. Bluetooth or portable speakers, a projector and a large sheet, or even an old-fashioned radio are more budget-sensitive options for those looking to add a little fun to their outdoor space.

Apply your own style

Create an outdoor kitchen that suits your style and taste. If you're working with an existing space, be sure to embrace the style and play up the features, such as dark wood, stone and classic columns.

If you're starting from scratch, take a look at your indoor design and see what features you like. Then consider incorporating those color schemes, design styles or even furniture shapes into your outdoor kitchen.

While you can't go wrong designing your outdoor space, consider designs and colors that are versatile so you're not limited if you want to mix things up in the future.

Make it yours

Your outdoor kitchen should be a comfortable, relaxing space for entertaining or unwinding after a long day of work. Make yours an escape that works for you.

When planning your outdoor kitchen, think about adding one or two small luxuries that will make you excited to enjoy your space. These can be as small as pretty tea lights scattered around or as large as a wood-burning pizza oven.

If you don't have a backyard and would like to find a home that does, search all homes for sale in Central Oregon here



Originally published June 2016. Natalie Wise


Mortgage Applications Defy Forecasts

Mortgage Applications

Home buyers are entering the real estate market at a much brisker pace than many economists forecasted. Mortgage applications for home purchases continue their upward streak, rising 9% last week compared to the previous week, the Mortgage Bankers Association reports. This marks the sixth consecutive gain for home purchase applications and a 54% increase since early April.

"The home purchase market continued its path to recovery as various states reopen, leading more home buyers resuming their home search," says Joel Kan, the MBA's economist. "Additionally, the purchase loan amount has increased steadily in recent weeks and is now at its highest level since mid-March."

Housing demand was strong at the start of the year but significantly declined as the COVID-19 pandemic set in. Economists are noticing the sudden uptick as buyers reenter the market. The Commerce Department reported this week that newly built single-family homes saw an increase of nearly 1% in April. Inventory shortages in the existing-home market are prompting more buyers to new homes, analysts speculate.

Further, home prices continue to hold strong due to a lack of housing inventory on the market.

Buyers could be being drawn to record low mortgage rates. The average contract interest rate on a 30-year fixed-rate mortgage was 3.42% last week, the MBA reports.

"The low mortgage rates, without a doubt, are helping to entice buyers back into the market," Lawrence Yun, chief economist of the National Association of REALTORS®, told®. Also, "real estate may be viewed as a safe asset in the upcoming years," he adds.

Buyers are taking out larger mortgages. The average loan size was about $340,200 during the week ending May 22, up from a $315,300 low set during the week ending April 3, the MBA reports.

Meanwhile, refinance applications have not been performing quite as strongly as purchase applications. Refinance applications dropped 0.2% last week. Still, refinance applications are up 176% over a year ago.

Now is a great time to purchase your home, get a step by step list of what you need to do to get ready to buy a home. Information for buyers


Deschuts County Real Estate Market Data

Real estate market data for Deschutes county includes, Sunriver, Bend and La Pine. Keep in mind when looking at the graphs we are in the process of popping back from a pandemic that shut down our towns for the last two months. With that in mind these number are actually very impressive.


Real estate data for the first quarter of 2020 for Sunriver, Oregon

For the first quarter of 2020 Sunriver had a total of 31 residential properties sold, that is a 3% change from last year with not short sales or bank owned properies. The average real estate sales amount was $601,658 that up from last year by abour 11% with a median sales amount of $506,000. Average days on market for Sunriver was about 129 days, that is us from last year by 11% but keep in mind that Sunriver has been shut down for 2 months during this quarter, so actually that is not bad numbers.

Total number of condos or townhomes that were sold in Sunriver was 9, that is down by -36% with an average sales amount of $326,521 and a median sales amount of $355,788 with average days on market of 99. 


Deschutes County Real Estate Data for Bend, Oregon

Total solds for Bend residential real estate sales with less than one acre in the first quarter were up from 2019 by 18% with 455 solds now short sales and 1 bank owned property. Average sales amount was $546,461 up by 7%. Median sales amount was $454,600 up by about 3% from last year. Residential real estate in Bend with over one acre was up from last year by 26% with a total of 68 solds, average median sales amount of $779,500 and average sales amount of $896,100. 

There were 12 manufactured homes sold with less than 1 acre  and 7 manufactures homes sold with more than 1 acre this number is down from last year with an average sales amount for less than one acre of $292,729 and $349,357 for over one acre. Townhomes and condos sold in Bend were 54 thats a 6% increase from 2019 with a median sales price of $334,950 an increase of 3%.

See the Bend 1st quarter statistics table below for more information.

Bend Oregon real estate stats for first quarter 2020

Overall in Deschutes County it is still a sellers real estate market, home prices are holding their value and I would say they will even go up as we go into the second quarter and head into the summer months. With pending sales declining in April during the middle of the pandemic we were wondering what direction our housing market was going to go. Now we see pending are higher in May than they have been all year, this should give you hope that prices are going to increase.

If you area thinking of selling your home, listings are very low and we are finding that if priced right we are getting multiple offers and in some cases driving the price up above the asking price. We are have a 40% decline in newly listed homes for sale vs last year. That's a huge decrease!

Find out what your home is worth today just by entering your property address, go to the main paige of and scroll down to enter your address.

If you have any questions about this report or what is going on in the Sunriver, Bend housing market give me a call/text at 541-815-0906 or email


"Information deemed Reliable but not Guaranteed." Information was gathered from Central Oregon Association of Realtors.

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