APRIL 2024 June 2025
Redmond Market Trends Current as of June 23rd —data provided from Altos Research
Local Headlines
New affordable housing project breaks ground in SW Bend
Bend considers historic housing style, increased ADUs to help housing crunch
Redmond Airport Gets Final Costs Approved, Construction to Begin Soon
Tourism Could Boost Oregon’s Economic Recovery—But Travel Oregon Needs Better Oversight
OSU-Cascades contributed nearly $90 million to region in 2024, economic impact report finds
Residential
Lending
US housing market now has 500K more sellers than buyers — and it’s leading to a shift in the balance of power
Inflation and the housing market: Decoding the latest numbers
Housing market at risk of "sustained downturn" as price growth cools
Fannie Mae and Freddie Mac open the doors to Bitcoin: a turning point for the US real estate market Average long-term US mortgage rate drops to 6.77%, the lowest level since early May Dollar weakest since 2021 against euro as Fed rate cuts bets rise
Commercial
Commercial Real Estate Distress Is Spreading: Credit Weekly
Conversion Momentum Builds as Rising Vacancies Push Cities Toward Adaptive Reuse
U.S. Commercial Real Estate Market Turns a Corner Amid Rising AI Momentum and Shifting Demand Patterns