If you weren’t able to afford a house in the Eugene area in 2025, you most likely won’t be able to in 2026, either.
But if you were already eyeing such a purchase, there are factors, including mortgage rates, that suggest 2026 may be a better year to buy.
Eugene-area housing prices are projected to increase slightly heading into 2026. But buyers may still get a better experience than they’ve had the last couple of years, with national trends predicting stabilized mortgage rates and more sales volume.
Stable mortgage rates
The Federal Reserve announced three rate cuts in 2025, all in the second half of the year, bringing its benchmark rate of 4.25% to 4.5% down to a range of 3.5% to 3.75%. And for 2026, the Fed projected in its December meeting there will be just one 0.25-point cut…