Why Has The Market Not Crashed?

Apr 10, 2023

Home Blog Why Has The Market Not Crashed?

The market has been unpredictable…why has the market not crashed?

There have been so many shifts in the housing market over the last 12 months or so, including wildly fluctuating mortgage rates, rising home appreciation rates, and low low inventory. 

All of those shifts have led to relentless national headlines saying that there will be a housing crash. 

Well, in Central Oregon, I am not seeing that, here is what I am seeing.

  1. The buyer frenzy has slowed down for the most part. That being said, if a home is priced right, it is attracting a number of buyers. 
  2. The lack of inventory is keeping home prices and appreciation steady. 

Because of the lack of inventory, we are not seeing a crash or correction in the Central Oregon housing market.

If you have questions about your specific situation, reach out to me and my team today.

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Matt Montoya