APRIL 2024 January 2025
Redmond Market Trends Current as of January 14th —data provided from Altos Research
Local Headlines
Burgerville coming to Bend. but chain mistakenly posts incorrect address
Massive aquifer buried in Central Oregon Cascades; half the volume of Lake Tahoe
Housing Works to open 2025 Housing Choice Voucher Program waiting list next week
Bend needs more housing, but for some it can’t come fast enough
Residential
US homelessness up 18% as affordable housing remains out of reach for many people
Lending
Will mortgage rates fall below 6% in 2025? What experts say
Global Data Center Demand Spikes in 2025
Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
Will 2025 be a pivotal year of recovery in commercial real estate?
As wave of commercial loans comes due, concerns rise over tougher payment options
When will the housing market crash again? US Housing Market Is Mirroring 2008 Bubble—Real Estate Analyst
Commercial
U.S. mortgage applications increase in December