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News Release

As Oregon Home Listings Rise And Sales Slow, OnPoint Community Credit Union Offers Guidance For Homeowners Navigating The Market This Spring (Photo) - 04/07/26

Preparation, timing and understanding the process are key as more homeowners sell and buy at the same time

 

PORTLAND, Ore. – Spring is the home-selling season across Oregon and southwest Washington, but this year’s market is shifting. Rising inventory is giving buyers more leverage and creating new challenges for homeowners navigating both a sale and a purchase. New listings are up 14% compared to last year, according to the latest Redfin data. Conditions may improve for sellers, however, as mortgage rates have eased to about 6.5%.

 

“We spend a lot of time talking about first-time homebuyers, but there’s another group that needs just as much attention,” said Landon Anson, mortgage loan officer at OnPoint Community Credit Union. “Existing homeowners selling one home while purchasing another are navigating two major transactions at once. They’re balancing timing, financing and market conditions on both sides of the deal, which can be especially challenging in a shifting market.”

 

To help homeowners navigate the process, OnPoint highlights several key considerations:

 

1. Start with the right team. While many buyers begin with a lender, homeowners planning to sell and buy should first connect with a real estate agent. An agent can help estimate a home’s value, outline potential sale proceeds and identify steps needed to prepare the home for market.  

 

2. Understand the timeline and plan for overlap. Buying and selling at the same time involves multiple moving parts. One common approach is a contingent pre-approval, where a new home purchase depends on the sale of the current home. Sellers may negotiate a rent-back period to bridge timing gaps. This allows sellers to remain in their home temporarily after closing while they finalize their new home purchase.

 

3. Prepare for upfront costs. Getting a home ready to sell often requires repairs or updates. Homeowners may use savings, but some choose to leverage a home equity line of credit (HELOC) to cover these costs and preserve cash for their next purchase.

 

4. Know that proceeds can be recaptured. If savings are used to prepare a home for sale, those funds can often be replenished once the home sells. Understanding how proceeds will be used, including for a down payment on a next home, is critical to planning with confidence.

 

5. Explore alternative strategies. Some homeowners may qualify to purchase a new home before selling their current one. This can reduce timing pressure and allow sellers to prepare and list their home after they have already moved.

 

“There are a lot of moving parts, and it can feel overwhelming,” Anson said. “That is why it’s so important to have a lender and a real estate agent working together. At OnPoint, we stay aligned throughout the process to help homeowners understand their options so they can move forward with confidence.”

 

OnPoint provides personalized mortgage guidance, financial tools and local market insight to support homeowners throughout the buying and selling journey. Learn more at www.onpointcu.com.

 

About OnPoint Community Credit Union

OnPoint Community Credit Union is the largest credit union headquartered in Oregon, serving more than 645,000 members throughout Oregon and southwest Washington. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 28 Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler and Yamhill) and who lives, works, worships, or attends school in one of four Washington counties (Clark, Cowlitz, Lewis, and Skamania), and their immediate family members. OnPoint Community Credit Union is federally insured by the National Credit Union Administration (NCUA). More information is available at onpointcu.com.

Federally insured by NCUA. Equal Housing Opportunity.

Attached Media Files: Mortgage.jpg,

As Oregon Home Listings Rise And Sales Slow, OnPoint Community Credit Union Offers Guidance For Homeowners Navigating The Market This Spring (Photo) - 04/07/26

Preparation, timing and understanding the process are key as more homeowners sell and buy at the same time

 

PORTLAND, Ore. – Spring is the home-selling season across Oregon and southwest Washington, but this year’s market is shifting. Rising inventory is giving buyers more leverage and creating new challenges for homeowners navigating both a sale and a purchase. New listings are up 14% compared to last year, according to the latest Redfin data. Conditions may improve for sellers, however, as mortgage rates have eased to about 6.5%.

 

“We spend a lot of time talking about first-time homebuyers, but there’s another group that needs just as much attention,” said Landon Anson, mortgage loan officer at OnPoint Community Credit Union. “Existing homeowners selling one home while purchasing another are navigating two major transactions at once. They’re balancing timing, financing and market conditions on both sides of the deal, which can be especially challenging in a shifting market.”

 

To help homeowners navigate the process, OnPoint highlights several key considerations:

 

1. Start with the right team. While many buyers begin with a lender, homeowners planning to sell and buy should first connect with a real estate agent. An agent can help estimate a home’s value, outline potential sale proceeds and identify steps needed to prepare the home for market.  

 

2. Understand the timeline and plan for overlap. Buying and selling at the same time involves multiple moving parts. One common approach is a contingent pre-approval, where a new home purchase depends on the sale of the current home. Sellers may negotiate a rent-back period to bridge timing gaps. This allows sellers to remain in their home temporarily after closing while they finalize their new home purchase.

 

3. Prepare for upfront costs. Getting a home ready to sell often requires repairs or updates. Homeowners may use savings, but some choose to leverage a home equity line of credit (HELOC) to cover these costs and preserve cash for their next purchase.

 

4. Know that proceeds can be recaptured. If savings are used to prepare a home for sale, those funds can often be replenished once the home sells. Understanding how proceeds will be used, including for a down payment on a next home, is critical to planning with confidence.

 

5. Explore alternative strategies. Some homeowners may qualify to purchase a new home before selling their current one. This can reduce timing pressure and allow sellers to prepare and list their home after they have already moved.

 

“There are a lot of moving parts, and it can feel overwhelming,” Anson said. “That is why it’s so important to have a lender and a real estate agent working together. At OnPoint, we stay aligned throughout the process to help homeowners understand their options so they can move forward with confidence.”

 

OnPoint provides personalized mortgage guidance, financial tools and local market insight to support homeowners throughout the buying and selling journey. Learn more at www.onpointcu.com.

 

About OnPoint Community Credit Union

OnPoint Community Credit Union is the largest credit union headquartered in Oregon, serving more than 645,000 members throughout Oregon and southwest Washington. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 28 Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler and Yamhill) and who lives, works, worships, or attends school in one of four Washington counties (Clark, Cowlitz, Lewis, and Skamania), and their immediate family members. OnPoint Community Credit Union is federally insured by the National Credit Union Administration (NCUA). More information is available at onpointcu.com.

Federally insured by NCUA. Equal Housing Opportunity.

Attached Media Files: Mortgage.jpg,