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NewsBrief June DCT-La Pine

Page 1

APRIL 2024 June 2025

La Pine 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

Libby Becky Kimmie Renfro FelixGriffin Duncan Evie Henderson Branch Escrow Business Manager/ Officer Development Escrow Officer Escrow Manager/Escrow Officer Office: Office: Mobile: 541.389.2120 541.389.2120 541.390.3478 Office: 541.389.2120 Email: Email: Email: libbyr@deschutestitle.com teamfelix@deschutestitle.com kjduncan@deschutestitle.com Email: evieh@deschutestitle.com

Deschutes Title La Pine Branch 51515 Huntington Rd. La Pine, OR 97739 www.deschutestitlecom www.deschutestitlecom

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 Redmond Branch Nicole DayTitle Bend Branch 845 SW Veterans Way Escrow Officer 397Redmond, SW UpperOR Terrace 97756Dr. Office: 541.389.2120 Bend, OR 541.527.1274 97702 Office: nicoled@deschutestitle.com


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