@RyanRealtyBend
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Online searches for down payment information recently hit an all-time high. That shows a lot of buyers aren’t sure what’s actually required, and they’re looking for answers.
Unfortunately, many still think they have to put 20% down.
But the data says something very different is happening.
The typical first-time b…
2
Six point two three percent. That is the new thirty year fixed from Freddie Mac, the lowest rate we have seen in three spring seasons. A year ago today the same loan was costing you six point eight one. On a six hundred thousand dollar mortgage you are saving about two hundred twenty nine dollars every single month. T…
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Zero point zero percent. That is Zillow’s new twelve month forecast for home prices across the entire country, down from plus point five just one month ago. The national market is effectively frozen. But the word ‘average’ is doing a lot of work in that headline. Over four hundred US markets roll into that single numb…
2
Existing home sales just fell three point six percent in March. NAR is calling it the weakest spring opening in years. The pace dropped from four point one three million homes annualized in February to three point nine eight million in March. Everyone predicted spring twenty twenty six would rip. It didn’t. But sales …
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Redmond lost $44,000 off its median price. So is the market crashing?
No. It’s a seller’s market.
Let me explain.
Median home price, Jan 1 – Apr 19:
$519K in 2025 → $475K in 2026. Down 8.5%.
But look underneath the headline:
• Days on market: 90 → 62 (28 days faster)
• Months of supply: 2.6 — firmly in seller terri…
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More Options Are Popping Up This Spring
More fresh listings are hitting the market right now, and that’s creating real opportunity.
If you put your search on hold last year, this Spring may be the time to jump back in. Let’s take a look at what just hit the market and see what could work for you.
#SpringHousingMarke…
5
We ranked every dog park in Bend so your dog doesn’t have to.
Save this for the next adventure. Drop your dog’s favorite in the comments.
#bendoregon #dogsofbend #centraloregon #dogparks #bendlife
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ryanrealtybend
Online searches for down payment information recently hit an all-time high. That shows a lot of buyers aren’t sure what’s actually required, and they’re looking for answers.
Unfortunately, many still think they have to put 20% down.
But the data says something very different is happening.
The typical first-time buyer actually puts down about 10% – that’s half of what you probably expected. And some do as little as 3.5% or even 0% down (depending on their loan type).
So, that 20% myth is only holding you back and delaying your timeline more than necessary.
If you’re curious about what’s really required, it’s worth having a conversation with a trusted lender. A true expert can give you better information than an online search.
Then let's chat about what your budget can get you in today’s market.
#DownPayment #HomebuyingTips
#BendOregon #CentralOregon #InBend #BendLife #VisitBend #BendRealEstate #BendHomes #CentralOregonRealEstate #BendORProperties #RyanRealty
ryanrealtybend
Six point two three percent. That is the new thirty year fixed from Freddie Mac, the lowest rate we have seen in three spring seasons. A year ago today the same loan was costing you six point eight one. On a six hundred thousand dollar mortgage you are saving about two hundred twenty nine dollars every single month. That is twenty seven hundred a year, or eighty two thousand over the life of the loan. Here in Bend, our median single family home just closed at six hundred ninety four thousand nine hundred. At the new rate your principal and interest payment is thirty four hundred sixteen a month. A year ago on the same house it was thirty six hundred twenty eight. That is two hundred twelve dollars back in your pocket every month in Bend specifically. Buyers are already noticing. Mortgage applications jumped ten percent in a single week and are fourteen percent higher than they were a year ago. The window is not closed. It is narrower than it was a few weeks ago. Comment ‘payment’ and I will run your actual number on a specific price point. #BendOregon #CentralOregon #MortgageRates #HomeBuying #RealEstate RyanRealty BendRealEstate InterestRates
ryanrealtybend
Zero point zero percent. That is Zillow’s new twelve month forecast for home prices across the entire country, down from plus point five just one month ago. The national market is effectively frozen. But the word ‘average’ is doing a lot of work in that headline. Over four hundred US markets roll into that single number. More than twenty metros are predicted to fall this year. More than twenty are still climbing. The national headline is almost never your market. What is actually happening in Bend? Our year to date median for single family homes sits at six hundred ninety four thousand nine hundred. The same window a year ago was seven hundred fifty thousand. That is about seven percent softer than it was twelve months ago. For buyers, the leverage you have been waiting on is showing up in real transactions. For sellers, strategic pricing matters more than good marketing right now. The national headline was never your number. Comment ‘Bend’ and I will send a specific read on your neighborhood. #BendOregon #CentralOregon #HousingMarket #Zillow #RealEstate RyanRealty BendRealEstate
ryanrealtybend
Existing home sales just fell three point six percent in March. NAR is calling it the weakest spring opening in years. The pace dropped from four point one three million homes annualized in February to three point nine eight million in March. Everyone predicted spring twenty twenty six would rip. It didn’t. But sales volume is only half the story. Months of supply just climbed to four point one nationally. That is the loosest spring inventory reading the market has seen in years. For buyers, that is real leverage at the negotiating table that did not exist twelve months ago. More days on market. More contingencies getting accepted. More room to negotiate on price. For sellers, it means pricing and presentation actually matter again. The days of listing and running multiple offers with zero effort are gone in most markets. A softer spring is not a bad market. It is just a different market. Comment ‘supply’ for a specific read on where your neighborhood sits on the inventory scale. #BendOregon #CentralOregon #HousingMarket #HomeBuyers #RealEstate RyanRealty BendRealEstate
ryanrealtybend
Redmond lost $44,000 off its median price. So is the market crashing?
No. It’s a seller’s market.
Let me explain.
Median home price, Jan 1 – Apr 19:
$519K in 2025 → $475K in 2026. Down 8.5%.
But look underneath the headline:
• Days on market: 90 → 62 (28 days faster)
• Months of supply: 2.6 — firmly in seller territory
• Price per sqft: $317 → $322 (actually up)
• 57% of closings were under $500K
“Months of supply” = how many months it would take to sell every home on the market at today’s pace. Under 4 is a seller’s market. 4-6 is balanced. Over 6 is a buyer’s market. Redmond is at 2.6.
Prices didn’t drop because sellers broke.
They dropped because buyers bought smaller.
Right-priced homes are flying. Overpriced homes are sitting.
169 SFR closings · MLS · April 2026
Comment “REDMOND” and I’ll DM you the full breakdown.
#RedmondOregon #CentralOregonRealEstate #BendOregonRealEstate #RyanRealty #SmithRock OregonRealEstate HousingMarket MarketReport

ryanrealtybend
More Options Are Popping Up This Spring
More fresh listings are hitting the market right now, and that’s creating real opportunity.
If you put your search on hold last year, this Spring may be the time to jump back in. Let’s take a look at what just hit the market and see what could work for you.
#SpringHousingMarket #NewListings
#BendOregon #CentralOregon #InBend #BendLife #VisitBend #BendRealEstate #BendHomes #CentralOregonRealEstate #BendORProperties #RyanRealty
ryanrealtybend
We ranked every dog park in Bend so your dog doesn’t have to.
Save this for the next adventure. Drop your dog’s favorite in the comments.
#bendoregon #dogsofbend #centraloregon #dogparks #bendlife






