It is an interesting time of year in Central Oregon luxury real estate and the broader economy. While many signs point to a more productive summer, the notoriously slow late winter period makes any prediction difficult. However, some early trends are emerging that I am keeping an …

With Martin Luther King Jr. Day celebrated on Monday, sales volume is down this week, while inventory is stable or rising. In my Wednesday report, where I recap the week across all price points, inventory levels also showed slight increases, suggesting an early bottom for actively listed …

Reading economic news lately leaves me with whiplash, since the reporting is so heavily biased and subject to interpretation. Some reports show financial stability, while others bemoan a recession. From my corner of the world, with bi-weekly data dissemination on the Central Oregon housing market, the outlook …

This morning, the national average for a 30-year fixed-rate jumbo mortgage is flat at 6.35%. However, the 30-year fixed-rate conventional average is at 5.99%, the first time rates have dipped below the 6% threshold since February 2023. Our MLS does not categorize jumbo loans, with the majority …

Welcome to 2026! The next several weeks are typically the slowest of the year, but stable-to-slightly-decreasing mortgage rates are an encouraging start to the new year. Supply will continue to decrease before we turn the corner towards adding new listings this spring. However, there are still enough …