Home prices are holding strong, but some areas are starting to cool. Inventory is shifting, and sellers still have the upper hand in most markets. Thinking about buying or selling? Now’s the time to stay informed!
📍 Check out this week’s median list prices and market trends.
Check it out here >> Central Oregon Market Report
Note to Home Buyers & Sellers: Mortgage rates have been on a rollercoaster, dropping from over 7% in January to 6.65% now, sparking a surge in home loan applications—one major bank reported an 80% jump in buyers and refinancers taking advantage of lower rates. However, this past week, rates inched up again as financial markets braced for key economic decisions. The Federal Reserve’s upcoming announcement and ongoing tariff discussions could influence where rates go next. For sellers, demand remains strong as buyers rush to lock in better financing. For buyers, staying informed on rate changes is key to getting the best deal. If rates drop again, competition could heat up even more—so timing your move wisely is crucial! For a deeper dive into the market, check out Guild Mortgage, mmg WEEKLY - mmg WEEKLY
