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February Market Scoop: What’s Heating Up in Real Estate!

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February Market Scoop: What’s Heating Up in Real Estate!

 
Hi friends,
 
February is the perfect reminder to get out and enjoy where we live. 💕 From Valentine’s events that invite you to stroll through different Central Oregon communities, to WinterFest celebrations that spark big dreams (Olympic-sized ones, even!), and a rare planetary alignment lighting up our winter skies, this month is full of reasons to explore, connect, and make memories.
 
Whether you’re planning a date night, a family outing, or simply looking for something new to experience, we’ve gathered ideas that turn everyday moments into something special. We hope this inspires you to step outside, support local events, and enjoy everything our communities have to offer this season.
 
Happy February and Happy Valentine’s Day! ❤️
 
Warmly,
Suzanne & Maddie
🏡 Market Snapshot:
A Slower Winter, A Thoughtful Moment
Based on a recent CNBC housing report, winter storms across the country have temporarily slowed buyer activity, with mortgage applications dipping as severe weather kept many would-be buyers off the roads. While interest rates have eased slightly, February is shaping up to be more of a pause-and-plan season than a rush.
Here’s the key breakdown of activity:
 
🏠 Purchase loan applications dropped about 14% week-over-week, though they remain slightly higher than a year ago.
 
🔁 Refinance applications declined about 5%, even as many borrowers continue to look for opportunities to lower their rates.
 
📊 The average 30-year fixed mortgage rate has eased slightly, dipping just over 6%.
With fewer people rushing right now, this season creates space to explore communities, attend local events, and have thoughtful conversations, setting the stage for smart moves as spring approaches.
Valentine’s Season Events
Celebrate Valentine’s Day and take a stroll through some of Central Oregon’s favorite communities. From Bend to Sunriver and beyond, these events are the perfect excuse to explore, connect, and enjoy what each town has to offer.
📍 Bend
 
💖 Feb 13-14 | Valentine's Chef Pairing Experience (Willamette Valley Vineyards)
Bring your friends along for this exclusive wine and culinary journey at the Bend Tasting Room & Restaurant
An immersive botanical tasting experience inspired by traditional apothecaries and modern, ritual-based wellness practices.
 
🕯️A cozy, multi-course dinner with a snowcat ride and mountain ambiance for a truly memorable night.
📍 Sisters
 
A magical evening trek at Hoodoo's Nordic Trail System by Explore Sisters & Five Pine Cabins!
📍 Redmond
 
Funk Around and Find Out will be playing high-energy, funky dance music from 6:30 – 10pm with FREE ENTRY!
📍 Sunriver, OR
 
💃 Feb 14 | Valentine’s Dinner & Dance at Sunriver Resort - Great Hall
Enjoy a special dinner, live music, and dancing, a classic Valentine’s celebration.
 
🍽️ Feb 14 | Lob of Your Life: A Pickleball Social at SHARC
An exciting evening of pickleball, drinks, and plenty of fun!
A three-course Valentine’s menu with champagne and dessert, intimate and relaxed.
 
While large public events are limited, many local restaurants and venues offer Valentine’s menus, live music, and seasonal experiences throughout February in Central Oregon.
Valentine’s Season Highlight
February is all about celebrating love and if you’re newly engaged or dreaming of a winter proposal, it’s also a fun time to start imagining what comes next. Central Oregon offers incredible backdrops for saying “I do,” from mountain views to intimate indoor venues perfect for any season.
 
If you’re exploring ideas, check out our blog featuring Central Oregon’s Most Stunning Wedding Venues
And if you’re looking for more practical tips, local insights, and lifestyle inspiration, you can always check out helpful blogs on our website, we’re constantly sharing resources for you.
Central Oregon Pride:
Winter Olympics Energy at Home ❄️🏔️
As the 2026 Winter Olympics unfold in Italy, Central Oregon has even more reason to celebrate winter at home. Oregon athletes like Hunter Hess, a Bend native who grew up skiing at Mount Bachelor, are competing on the world stage, alongside fellow Oregonians Jacqueline Wiles, Sean FitzSimons, and Alessandro Barbieri. Their journeys are proof that big dreams often start on small, local slopes.
That same spark of inspiration can be felt right here at Bend WinterFest on February 13–15. With ice sculptures, fire pits, live music, and classic après-ski vibes. WinterFest isn’t just a celebration it’s where a love for winter begins. Whether you’re watching with friends, bringing the kids, or just soaking in the energy downtown, moments like these are often the first step toward dreaming a little bigger, maybe even all the way to the Olympics.
 
👉 Explore WinterFest events and details here.
Look Up This February:
A Rare Planetary Parade ✨🌌
February brings a special reason to look up at the night sky. A rare planetary alignment often called a planet parade will be visible this month, with Venus, Mars, Jupiter, Saturn, Uranus, and Neptune lining up across the sky on Saturday, Feb. 28. While not all planets will be equally bright, several will be visible to the naked eye, making this one of the most exciting stargazing moments of the season.
Clear winter skies make Central Oregon an ideal place to enjoy it, whether you’re stepping outside after dinner, planning a quiet date night, or introducing kids to the magic of the night sky. Events like this remind us that some of the best moments at home don’t require tickets just a warm jacket and a little curiosity.
 
🔭 Learn what to expect and when to look here.
Featured Property
Sisters, OR 97759
4 B | 3FB | 1HB | 3,295 SF | 0.53 ACRES
 
Offered at $1,350,000
 
Tucked against National Forest land, this custom contemporary home offers privacy, versatility, and proven rental income. Featuring a flexible lock-off layout, multi-generational living options, and inviting outdoor spaces including a hot tub and fire pit, this property feels like a true retreat, designed for both everyday living and opportunity.
Bend, OR 97702
 
2 B | 2FB | 1,521 SF
Offered at $765,000
Bend, OR 97703
 
3 B | 2FB | 1,080 SF | 2.26 ACRES
Offered at $675,000
 
Avenir Realty's Listings
Terrebonne, OR 97760
 
4 B | 4 FB | 2HB | 6,000 SF
Offered at $4,999,999
Bend, OR 97703
 
 
3 B | 3 FB | 1HB | 3,026 SF
Offered at $1,865,000
Terrebonne, OR 97760
 
2 B | 2 FB | 2,193 SF
Offered at $1,649,000
Bend, OR 97703
 
 
3 B | 2 FB | 1HB | 2,310 SF
Offered at $849,900
Sisters, OR 97759
(PENDING)
 
3 B | 2 FB | 1HB | 3,252 SF
Offered at $899,000
Sisters, OR 97759
(PENDING)
 
3 B | 3 FB | 1HB | 3,591 SF
Offered at $639,000
Suzanne Carvlin &
Maddie Fischer
 
473 W. Hood Ave #102
Sisters, OR 97759,
United States
(541) 595-8707
View Website
473 W. Hood Ave #102,
Sisters, OR 97759
AvenirRealtyGroup.com
(541) 595-8707
All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. Avenir Admin, License , Avenir Realty.
 
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473 W. Hood Ave #102,
Sisters, OR 97759