Summer 2025
The real estate market is softening slightly offering more opportunities for buyers to make a deal. Interest rates are remaining constant at about 6.5% which if you check the charts, is about average over the long run. Average days on market has increased giving buyers a little more breathing room to choose carefully and perform their due diligence ahead of making an offer. Inventories are better than in the past few years again giving buyers more options. Values are still increasing in Oregon although not as rapidly as we saw during the 2020 time period. It is possible interest rates will go down a bit however with prices going up, waiting will not automatically be an advantage for a savvy buyer. Working with a professional agent who can help negotiate the best deal is your path to success.
Debi Hauer, Broker, EXP Realty
541-220-8035