Happy New Year!

As we count down the hours to 2026, the national average for mortgage interest rates today on 30-year fixed-rate conventional mortgages sits at 6.2% comapred to 7.07% on the last day of 2024. Inventory levels in Central Oregon are up slightly to …

"'Twas the night before Christmas, when all through the house

Not a creature was stirring, not even a mouse..."

I wish all of you a Merry Christmas and a joyous holiday season, however you choose to spend these days before the start of a New Year.

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Stability in real estate is positive, if not uninteresting. But planning to buy or sell in a stable market makes it infinitely easier to plan and finance. Looking back to this week in December 2024 shows very similar data across all three counties of Central Oregon, with consistent …

With only three weeks left in the year, and only fourteen business days on the calendar, the early indicators of what to expect for the housing market in 2026 are already emerging. A significant factor impacting housing in 2026 will be interest rates, and the Federal Reserve will announce …

As expected, transactions were down this week due to the Thanksgiving holiday and reduced business days. The inevitability of the Central Oregon seasonal slowdown is ramping up, as buyers shift their priorities towards vacations and family. Transactions still happen, albeit at a slower pace, and fewer new listings hit …

Happy Thanksgiving! I hope you have a relaxing holiday with family and friends. Typically, the day after Thanksgiving marks the opening day for Mt. Bachelor in Central Oregon, but this year the weather hasn't cooperated. However, relatively mild conditions mean hiking, mountain biking, or walking in your favorite …

Stable mortgage rates and unseasonably mild weather throughout Central Oregon have helped extend real estate activity deep into the year. With Thanksgiving just one week away, which typically would coincide with the opening day of the ski season at Mt. Bachelor, the resort is showing bare ground and temperatures …

Mortgage interest rates reached the low point of this cycle just before the last Federal Reserve meeting, and spiked nearly as much as the Fed rate decrease immediately after, where they have stayed since. With another rate decrease this year seemingly off the table, rates should remain stable for …

Shorter days and changing weather are settling into Central Oregon, and the housing market is in the midst of the seasonal slowdown in transaction volume. But for the buyers active today, the deals negotiated have been well worth the effort. In any year, a significant number of sellers on …

Today, all expectations point towards the Federal Reserve lowering the overnight rate, most likely by 25 basis points. This morning, the national average for a 30-year fixed-rate conventional mortgage is 6.13%, the lowest since rates hit 6.11% in early September last year. Jerome Powell and the Fed …