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NewsBrief June Bend DCT-Sheena

Page 1

APRIL 2024 June 2025

Bend 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 and relaxed restrictions 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

SheenaKimmie EdgerlyDuncan EscrowBusiness Officer Development Office:Mobile: 541.389.2120 541.390.3478 Email: Email: sheenae@deschutestitle.com kjduncan@deschutestitle.com

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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 Deschutes Title Deschutes Title Redmond Branch Bend Branch 845 SW Veterans Way 397Redmond, SW UpperOR Terrace 97756Dr. Bend, OR 541.527.1274 97702 Office:


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