APRIL 2024 December2024
Redmond Market Trends Current as of December 4th —data provided from Altos Research
Local Headlines
Oregon needs 500,000 new homes in 20 years, housing report finds
Bend eyes expedited housing on city land, raising concerns about loss of open space
Kotek’s $39.3 billion proposed budget has more for housing, homelessness, schools
Group wants to make Mount Bachelor Ski resort community-owned
Residential
5 predictions for the US housing market in 2025, according to Realtor.com
Trump Policies Remain a Wild Card as U.S. Housing Market Heads Toward Slow Recovery Next Year
Freddie Mac: Housing market 3.7 million home shortage is ‘root cause’ of affordability
Lending
Commercial
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Commercial Real Estate Market is Projected to Expand at 7.6% CAGR, Reaching US$ 9,476.79 Billion by 2034
Today's Mortgage Rates | Rates Are Down Slightly, but Affordability Remains an Issue
Commercial Real Estate Market: Trends and Forecast for 2025
Commercial real estate recovery hinted at in report
Will mortgage rates fall below 6% in 2025? Here’s what experts say