With mortgage interest rates stuck above 7%, inventory remains higher than in the previous few years. However, pending sales are strong to start the year. While the days of multiple offers may be mainly in the rearview mirror, attractive, well-priced properties still sell quickly. 

This morning, the 10-year Treasury is down slightly at 4.662%, but mortgage rates are still at the highest levels since May of 2024, with the national average for a 30-year fixed-rate conventional mortgage at 7.25%. Higher rates are keeping inventory levels up, and buyer demand remains steady. …

While the numbers from the previous week are low due to the holiday reducing the number of business days to close out last year, buyer interest is increasing. After a robust start to winter, this morning's sunshine is a welcome relief, and more is predicted for the next ten …

It is hard to believe it is 2025, but time goes by whether we are ready or not. With winter weather in Central Oregon, year-end is always a reset for the housing market, and this year is no exception. Smaller Jefferson and Crook County experience less change through the …