Redmond Market Trends

Page 1


November 2024

Local Headlines

 Nonprofit receives $10 million to add 30 homes to Bend affordable housing project

 Housing Works Announces New Leadership in Executive Director Role

 Cities with the fastest-growing home prices in Oregon

 Oregon Has the 9th Fewest Under-25 Homebuyers in the U.S.

Residential Lending Commercial

 US existing home sales slide to 14-year low; prices stay elevated

 Housing Market Predictions For 2025: When Will Home Prices Drop?

 Inflation is trending down. Try telling that to the housing market.

 Lock in a mortgage rate after the Fed cuts? This might be your last chance

 Federal Reserve cuts its key interest rate by a quarterpoint amid postelection uncertainty

 Mortgage Rates Show Biggest Drop in 3 Months

 Lionstone parent to offload $5.5 billion in real estate across the United States

 Real estate titan predicts major rate cuts following Trump victory

 Commercial real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type

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