In Central Oregon average price of a home is $800,000. Interest rates are showing signs of coming down into the five and six range prices will increase inventory is low. It’s been a crazy year but it’s been a market adjusting downward for the last two years many people don’t want to believe that, but it’s a fact prices are increasing, inventory is low and that is supporting the market here in Central Oregon. With interest rates lowering we expect to see prices increase hopefully builders can keep up.
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