06/01/2026
National Real Estate Market Highlights
🔑 Buyer Demand Rising
Mortgage purchase applications have increased compared to one year ago. Buyers are moving more toward acceptance of higher interest rates and pricing.
🏘️ Interest Rate Action
Mortgage spreads have emerged as the unsung hero, keeping average 30-year rates comfortably tethered to the 6% to 6.5% range. Without tighter spreads, rates would be over 7%, shutting many prospective buyers out entirely
🚧 Construction Rebounds
Builders are adding new inventory at a measured pace, signaling confidence in demand while keeping the market balanced.
Local Lane County Real Estate Market Highlights
🏡 Closed sales jumped 20% year-over-year and 35% from March, showing buyers are actively moving forward as mortgage rates stabilize and confidence improves.
📉 Inventory tightened to 2.3 months while homes sold in an average of 61 days, highlighting continued demand and limited supply despite an increase in spring listings.
💰 Home prices remain remarkably stable, with average prices up 0.4% and median prices up 0.1% year-to-date, supporting a healthier and more balanced market environment.
If you are looking for expert help navigating today's real estate market give us a call!