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April 2024 Edition News Brief

Page 1

APRIL 2024 APRIL 2024

Bend Market Trends Current as of April 1st—data provided from Altos Research

Local Headlines 

Real estate lawsuit settlement upends policies that set agent commissions

Bend-Redmond Habitat opens applications for 22 new homes for working families

Oregon lawmakers send money for housing projects down the drain — literally

Weekly Road Construction Update Week of March 24 to March 29

ODOT conducts first in series of blasting operations to clear new Highway 97 path on Bend’s north end

Residential 

Real estate mogul Barbara Corcoran predicts interest rate cut could create a surge in home prices Mortgage rates remain just below 7% — is this a good time to buy a house?

Lending 

2024 second-quarter housing trends: High hopes for spring

Becky Felix Escrow Officer Office: 541.389.2120 Email: teamfelix@deschutestitle.com

U.S. Economic, Housing and Mortgage Market Outlook – March 2024

Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers Top commercial mortgage lenders revealed

www.deschutestitlecom

Commercial 

Malls Embrace AI-Based Virtual Influencers To Engage Shoppers

Amazon Plans to Save $1.3B By Cutting Leases Short and Shrinking Office Footprint

Why S&P Cut Outlook for Five US Regional Banks With Heavy Commercial Real Estate Exposure

Deschutes Title Bend Branch 397 SW Upper Terrace Dr. Bend, OR 97702


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