APRIL 2024 February 2026
Redmond Market Trends Current as of February26th—data provided from Altos Research
Local Headlines •
Central Oregon home prices and sales dip slightly
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Real estate agent and former staff hopeful about future buyer of Shilo Inn
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Oregon Prosperity Council eyes job growth after visit to BASX in Redmond
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Courthouse expansion in Bend nearing major construction milestone
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US economy slowed more than expected at end of 2025
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Residential US housing-related stocks drop after downbeat comments from Lowe's, Home Depot Trump Vows To Make Housing Affordable While Keeping Values Up as He Praises the ‘Golden Age of America’ in State of the Union Speech Affordability Pyramid Shows Over Half of U.S. Households Cannot Buy a $300,000
Lending
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For the first time since 2022, average US long-term mortgage rate dips below 6%
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FMortgage rates hit lowest level in nearly 4 years, but homebuyers are still stuck on the sidelines
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US mortgage applications up 0.4%
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Commercial
Congress Advances Housing Legislation with Broad Implications for Commercial Real Estate CBRE: Investors Planning to Allocate More Capital Into U.S. Commercial Real Estate Market in 2026 Commercial real estate activity expected to rise in 2026 amid return-to-office trends