January 2025 Charbonneau Villager January 2025 | Page 7

Charbonneau Villager January 2025 A7

503-694-1011 www . windermereheritage . com 31960 Charbonneau Dr | Suite 105 | Wilsonville , OR 97070

Windermere Heritage | Charbonneau

Lower Interest Rates : A drop in rates is on the horizon . Rising Home Sales : Expect a boost in activity for existing homes . Stable Home Prices : No decline in values anticipated . Improved Affordability : A brighter outlook for buyers . Family Support : More parents stepping in to assist with down payments .

Single-Family Housing Starts : Dropped to 970,000 ( annualized ), with declines driven by the South and Northeast . Apartment Starts : Reached 326,000 in October , showing improvement from prior months , though growth in buildings with 5 + units remains sluggish post-2022 boom . Housing Market Index : Increased 3 points to 46 , signaling growing optimism among builders . ( Confidence remains decoupled from single-family starts since 2022 .) Mortgage Rates : Still elevated : 6.93 % ( MND as of 12 / 17 ) 6.69 % ( Freddie Mac as of 12 / 5 )

From Windermere ’ s Chief Economist , Jeff Tucker

7875 SW Summerton St ACTIVE $ 795,000 2,823 square feet 3 bedrooms 2.5 baths Listed by Jan Panfilio and Amy Costello

8055 SW Sacajawea Way ACTIVE $ 730,000 2.446 square feet 3 bedrooms 2.5 baths Just Listed by Amy Costello and Jan Panfilio

8550 SW Curry Dr Unit A ACTIVE $ 354,900 1,551 square feet 2 bedrooms 1 bath Just Listed by John and Traci Cronkrite

7417 SW Lakeside Drive PENDING $ 715,000 1,723 square feet 3 bedrooms 2 baths Listed by Jan Panfilio and Amy Costello

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