For years, Bend's housing market has been defined by extremes: a relocation boom during the pandemic, a sharp reset as interest rates climbed, and then a long stretch where low inventory kept competition fierce. As we move through 2026, the ground finally feels more balanced — especially for relocation buyers looking for a lifestyle upgrade without the bidding-war chaos of years past.
Below is a look at what's driving the shift: interest rates, supply, buyer behavior, and the enduring lifestyle appeal that keeps Bend on the relocation shortlist for Seattle, Bay Area, and Portland households.
After peaking in the 7%+ range, mortgage rates have been sliding steadily into the
Wondering what to expect from the housing market in 2026? You're not alone. For the past few years, affordability has been the biggest obstacle between buyers, sellers, and their next move. High mortgage rates, limited inventory, and rapid price growth forced many households across Central Oregon to sit on the sidelines.
The good news is this: conditions are finally shifting. In 2025, affordability improved to its best level in three years, and most economists agree that progress should continue into 2026. That outlook is based on three fundamentals that matter everywhere—including Bend, Redmond,
Jed Peters is a real estate broker with more than a decade of experience helping clients buy, sell, and invest in exceptional properties. After a highly successful career in Austin—working across luxury residential homes, land and ranch sales, and investment-driven transactions—Jed relocated to Bend to build a life in the mountains and serve a community that immediately felt like home.
Jed's approach is grounded in the belief that real estate is equal parts strategy and relationship. He is known for his calm presence, thoughtful communication, and ability to make even the most complex transactions feel clear and manageable. Clients appreciate his blend of market knowledge, negotiation skill, and genuine care for the people he represents.
His background includes:
• Luxury home sales across competit...
Jaynee Beck, well-known Central Oregon real estate professional, has joined Bend Premier.
Jaynee began her real estate career in 1992 and has built a distinguished practice rooted in exceptional client care. Her thoughtful, relationship-driven approach has earned her decades of repeat and referral business. A Bend resident since 1974, Jaynee offers unparalleled local insight and a genuine appreciation for Central Oregon's evolving lifestyle, community, and growth.
Known for her integrity, dedication, and professionalism, Jaynee approaches every transaction with care and purpose. She is deeply committed to continual learning and to giving back to the real estate industry through leadership, education, and service at both the local and state levels. Her experience, knowledge, and commitment make her a trusted advisor to clients...