Picture the seller who listed in June, sure the number was right. Nine weeks later, they're rewriting the price instead of packing.
8,302 of Oregon's 18,108 active listings have already taken a price cut. That's 46% of sellers quietly admitting the first number was a guess, and homes are now sitting a median of 61 days, up 7% from the month before.
Day-one pricing is the whole ballgame. The cut tends to come anyway, it just costs a lot more when it arrives in week nine. It's not one single market either: Bend is asking $700,349 and waiting 69 days while Salem moves at $527,475 in 51.
Program fit beats rate shopping, and a licensed mortgage professional can pressure-test both in one call.