
Central Oregon needs 58,401 more homes over 20 years, chief economist says
Oregon's 2024 Home Needs Analysis reveals key insights—find out what it means for buyers, sellers, and the future of housing!
The Central Oregon real estate market has leveled out since the big changes in 2022–2023, with most trends holding steady. Rates remain higher than we would like them and prices are staying flat. As we move through 2025, I don’t expect major shifts to occur and for it to be a pretty steady year. In this type of market climate, pricing remains key to getting your home sold—homes listed too high are taking longer to sell and often need price cuts, while those priced right are selling quickly without much haggling. Every property attracts buyers differently, so staying flexible and making informed decisions around pricing is essential for a smooth and successful sale. If you need any advice on this, simply shoot me a message and I'd be happy to help. - Greg
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