As a Sunriver Prudential Real Estate Agent, I'm asked this question frequently...There is at least a thousand different ways to answer the question because it is a rather complex one. Here is my take on things...
Central Oregon Real Estate-Notice of Defaults in Deschutes County Statistics Through July 2010
These Notice of Default figures affecting Deschutes County most certainly affect the real estate market within Bend, Sunriver, and Three Rivers South areas.