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Christyn Wagenblast NewsBrief Aug Red DCT

Page 1

APRIL 2024 August 2025

Redmond Market Trends Current as of August 25h—data provided from Altos Research

Local Headlines  Central Oregon Real Estate in 2005:The Tale of Two Markets 

New Redmond housing project aims to help working families

Nonprofits raise alarm over Deschutes County’s habit of converting farm land for housing

Grants make homeownership more accessible for Central Oregon veterans

Honey Baked Ham looking to open in Bend

Residential

Lending

US homebuyers backed out of transactions at a record pace last month

Home sales are ticking up — and more are coming to market

Housing freeze: High costs leave some buyers and current owners in the lurch

U.S. Federal Housing Allows Fannie Mae and Freddie Mac to Approve Rocket Acquisition of Mr. Cooper

Commercial 

U.S. Commercial Real Estate Crisis Deepens as Office Vacancy Rates Hit Record Highs

Peaking Loan Maturities Push Office Sale Prices Down

Millennials and Gen Z are gambling on a big mortgage-rate  drop Home Loan Demand Declines Again as Mortgage Rates Remain Unchanged

Commercial property executives say recovery has arrived


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