February 2026


Local Headlines
• Central Oregon home prices and sales dip slightly


• Real estate agent and former staff hopeful about future buyer of Shilo Inn
• Oregon Prosperity Council eyes job growth after visit to BASX in Redmond
• Courthouse expansion in Bend nearing major construction milestone
• US economy slowed more than expected at end of 2025
Residential Lending Commercial
• 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
• For the first time since 2022, average US long-term mortgage rate dips below 6%
• FMortgage rates hit lowest level in nearly 4 years, but homebuyers are still stuck on the sidelines
• US mortgage applications up 0.4%
• 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