When will the real estate market recover in Lane County?

The concept of “recovery” in the Lane County real estate market depends on what factors one is observing. While the market has already “recovered” from the extreme imbalance of the pandemic years, moving into a more normalized state, future improvements could mean:

• Interest Rate Moderation: If inflation continues to cool, the Federal Reserve might begin to lower interest rates, which would improve affordability for buyers in Lane County and likely stimulate transaction volume. The timing for this remains uncertain but is widely anticipated over the next year or two.
• Increased Affordability: A more significant “recovery” for buyers would involve a sustained period of either lower home prices or more favorable interest rates, making homeownership more accessible.

Balanced Inventory: A further increase in housing inventory across Lane County, without overwhelming the market, would create a healthier balance between buyers and sellers. Our expert agents at Better Homes and Gardens Real Estate Equinox are constantly analyzing these indicators, ready to help you navigate the evolving market and capitalize on opportunities as they arise in Lane County.