A few realizations were derived from the occurence described. A buyer (sunriver or elsewhere) will only offer so much of a premium when it comes to a view. At some point a buyer, no matter how much they may want a property will submit to logic. On the other hand, sellers will only discount their real estate investment so far. Even in a buyers market and at the risk of chasing the market, sellers may be willing to let buyers move on and purchase the next property. With differing degrees of seller and buyer motivations, varying properties, and ever changing market conditions, the bottom line is that each scenario will be diffrent.
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Everyone is aware that a perfect storm within the housing market has created a awesome buyers market. You have always enjoyed visiting Sunriver, the time you have spent in Central Oregon's most beloved and prominent resort is cherished. A long term, well thought out and designed real estate investment is amongst the finest a individual can make...