07/13/2026
An interesting article about the markets… I do agree that price is key; aspirational pricing will lead to lowball offers from aspirational buyers. Inventory is climbing quickly. In Central Oregon a well priced home goes pending in a week or two; but average days on market are hovering around 55. Most reasonable buyers are not jumping in on houses that are not in good condition and/or priced right… they are holding out for those price drops.
For the last three years, the housing market has felt like a game of musical chairs where nobody wanted to move. Buyers stood on the sidelines waiting for mortgage rates to drop, while sellers held onto their sub-3% loans like prized family heirlooms.The common assumption heading into summer 2026 is...