Q3 Reports - 2026

Sept. 30, 2026

Central Oregon Market Report | September 30, 2026

Central Oregon Market Report for September 30, 2023
As mortgage rates continue to climb, it is important to understand why they're rising so sharply. After an extended period of relative stability, especially in the overnight Federal Funds Rate, new Fed Chairman Kevin Warsh raised rates by 25 basis points. That in itself wasn’t such a big …
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Sept. 23, 2026

Central Oregon Market Report | September 23, 2026

Central Oregon Market Report for September 23, 2026
With the national average for a 30-year fixed-rate conventional mortgage at 7.26% today, activity in the Central Oregon housing market is still stable in Deschutes, Crook, and Jefferson Counties. Unfortunately, mortgage rates aren't expected to drop soon and will likely stay elevated for some time. Higher rates undoubtedly …
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Sept. 16, 2026

Central Oregon Market Report | September 16, 2026

Central Oregon Market Report for September 16, 2026
Central Oregon housing prices are holding up remarkably well, but there is no question the market is shifting. How big a shift remains to be seen, and so far the data signals are small. The first is elevated inventory at a time of year when it typically declines …
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Sept. 9, 2026

Central Oregon Market Report | September 9, 2026

Central Oregon Market Report for September 9, 2026
For most of 2026, single-family home inventory in Central Oregon lagged behind 2025 levels, while sales volume had increased. Recently, activity has shifted, largely due to rising mortgage interest rates, with the national average for a 30-year fixed-rate mortgage today at 6.89%. Inventory is growing at a time …
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Sept. 2, 2026

Central Oregon Market Report | September 2, 2026

Central Oregon Market Report for September 2, 2026
Activity in the Central Oregon housing market remains steady this week, despite a surge in mortgage interest rates of 16 basis points since last week. That national average for a 30-year fixed-rate conventional mortgage today is 6.91%. On this day in 2025, rates were 6.53%, and the consensus …
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Aug. 26, 2026

Central Oregon Market Report | August 26, 2026

Central Oregon Market Report for August 26, 2026
On February 27, 2026, the national average for a 30-year fixed-rate conventional mortgage was 5.99%, compared with 6.75% today. The peak over the last several weeks was July 23, 2026, at 6.85%. The range of movement since late July has been narrow, but the trend is up, not …
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Aug. 19, 2026

Central Oregon Market Report | August 19, 2026

Central Oregon Market Report for August 19, 2026
Since March, the 30-year average for a fixed-rate conventional mortgage has moved within a range of less than 10 basis points, marking a period of stability that has brought some calm to the market. Rates peaked on October 19, 2023, when the conventional average nationwide was 8.03%. In …
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Aug. 12, 2026

Central Oregon Market Report | August 12, 2026

Central Oregon Market Report for August 12, 2026
If I were asked to pick a phrase to describe this week’s activity in Central Oregon, I would choose ho-hum. The housing market is chugging along, with nothing particularly noteworthy and steady activity as we have seen all year. The national average for a 30-year fixed-rate conventional mortgage …
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Aug. 5, 2026

Central Oregon Market Report | August 5, 2026

Central Oregon Market Report for August 5, 2026
The national average for a 30-year fixed-rate mortgage today is 6.75%, only several basis points higher than this time last year. Supply in Central Oregon is declining this week in Deschutes and Crook Counties, and flat in Jefferson County, as we have reached the seasonal tipping point in …
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July 29, 2026

Central Oregon Market Report | July 29, 2026

Central Oregon Market Report for July 29, 2026
Thankfully, firefighters throughout Central Oregon have made significant progress on the different fires burning throughout the region. Everyone is grateful for their hard work during this extremely dry summer. If you’d like a concise daily summary of the activity, go to www.centraloregonfire.org.
The real estate market …
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