2024 Oregon Housing Market Forecast

With sales at the lowest levels in 20 years, and mortgage rates hitting 8 percent, 2023 was a tough year for real estate.

But there’s good news on the horizon!

Freddie Mac

Interest rates are expected to drop in the next few months, but don’t sit on the sidelines too long, because as interest rates begin to fall, more buyers are going to jump into the mix, causing home prices to go up.

It could be to your advantage to get in the game now and pay slightly higher interest at the current lower prices.

Call us to talk about interest rate reduction strategies that might be a fit for you.

In this video, we share our 2024 housing market predictions for the Oregon market.

We also analyze the expected changes to and impact of interest rates, inventory shortages, sales projections, pricing trends, and the potential influence of the Oregon Kicker tax credit.

If you're thinking of buying or selling a home this year in Oregon, you won't want to miss the crucial information in this 2024 Oregon housing market forecast.