Dallas, Oregon
Community Newsletter
Your Local Guide to Living in Dallas. Follow us for the Latest Real Estate Updates, Upcoming Events, Featured Businesses, and Community Resources.
Featured Properties
Mortgage Minute
Yet Again, Mortgage Rates Surge Higher After Fed Rate Cut
Mortgage Update 10/29/2025
Today was not a foregone conclusion and there was no way to know ahead of time that it would end like this, but the outcome is exactly why we've gone to such lengths to warn you about the potentially paradoxical reaction to a Fed rate cut.
Too many people repeat the fallacy that mortgage rates will benefit from a Fed cut. We have several recent examples of the exact opposite happening, and now today adds another strong reminder with the average lender moving higher at the fastest pace since the day after the last Fed meeting.
Why does this happen?
It has nothing to do with the rate cut itself. As we warned, volatility would come from Fed Chair Powell's press conference. In today's case, Powell said that another rate cut in December was not a foregone conclusion. This was at odds with the market's expectations, so there was a rush to reprice those expectations.
As always, today's rates instantly adjust to expectations for rates in the future (the main reason that Fed rate cuts do little-to-nothing to impact market rates)......
Market Update
Events
Farmers Market
First & Third Saturdays
May 3 - October 18
9am - 2pm
Events
Sounds of Summer
Fridays
Starting July 11th
6pm
Shaunte Cruse | Oregon Realtor
NW Home Collective & Exp Realty
®
Should I Buy a Home Now or Wait?
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”
That’s because homeownership is about the long game – and home prices typically rise over time. So, while you may be holding out for prices to fall or rates to improve, you should know that trying to time the market rarely works.
Here’s what most buyers don’t always think about: the longer you wait, the more buying could cost you. And you deserve to understand why.
Forecasts Say Prices Will Keep Climbing
Each quarter, over 100 housing market experts weigh in for the Home Price Expectations Survey from Fannie Mae, and they consistently agree on one thing: nationally, home prices are expected to rise through at least 2029.
Featured Businesses
Monthly Home Maintenance Tip!
In July, focus on preparing your home for summer and addressing any issues that may have developed over the winter and spring.
Key tasks include checking and cleaning gutters, inspecting and servicing your air conditioning, ensuring your pool is ready for use, and tackling pest control. Don't forget to clean your refrigerator coils and prepare your grill for outdoor cooking.
Need a reputable Contractor referral? Give us a call and we will connect you to one of our trusted service partners.
