With the inventory of listed single-family homes remaining high this fall, combined with gorgeous weather, the peak selling season has been extended. While transaction volume has softened from mid-summer highs, activity remains steady. Mortgage rates are helping to keep buyers engaged, with the lowest rates in …

The most notable aspect of the luxury market today is the stubbornly high inventory as we get deeper into the last part of the 2025 season. All in all, the increased selection is excellent news for buyers, and in many ways helps sellers to see exactly how …

This morning, the national average for a 30-year jumbo mortgage sits at 6.25%, the lowest since May 2023. The S&P 500 this morning is $6,588, a 98.49% increase over the past five years. While home prices in Central Oregon have been mostly flat since 2022, there are …

Thankfully, the Flat Creek fire, which has threatened Sisters for the last several days, is now more contained, with most homes out of extreme danger. Unfortunately, four structures were lost, but considering the devastating nature of desert fires, the firefighters did an admirable job protecting the community. …

Several factors have combined to create a remarkably stable end to this year's real estate market in Central Oregon, not least of which are moderate mortgage interest rates and increased inventory. The selection of homes today exceeds any point over the past several years, and the increased …

It is hard to believe Labor Day is only two weeks away! Activity is steady heading towards fall, and mortgage interest rates are softening, with the national average for a 30-year Jumbo loan at 6.68% today. Sellers interested in moving property before the end of the year are reducing …

Mortgage rates have been slightly declining since the 30-year fixed-rate Jumbo mortgage peaked at 7.26% in January of this year. The national average rate this morning for Jumbo loans is 6.70%, and judging by the graph of rates, rates will likely continue to soften through the end of summer. …

The housing market in Central Oregon remains strong, bolstered by consistent growth, predicted to continue for several years. This year in particular, the luxury market is outperforming the overall market, but the market below $1 million is still doing well. In 2023, YTD home sales of single-family homes totalled …

This week in Deschutes County, the broader market saw a marked decrease in the inventory of single-family homes, a trend also evident in the luxury market. In Deschutes County in 2024, the shift towards decreasing supply occurred in the second week of August, following a peak of 1,322 homes …

Except for the listings over $3M, every segment I track in the luxury market experienced a decline in inventory this week. Activity remains steady as we begin the last busy stretch of the season, before naturally tapering off towards Fall. The YTD sales over $3M are still ahead of …